| Product Code: ETC4934472 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s generator import market continues to thrive in 2024, with top exporting countries like Panama, USA, UK, China, and Netherlands leading the way. The market shows a high concentration with a consistently high Herfindahl-Hirschman Index (HHI). The impressive Compound Annual Growth Rate (CAGR) of 9.84% from 2020 to 2024 indicates sustained growth, while the remarkable growth rate of 202.38% from 2023 to 2024 highlights a significant surge in import shipments. This data underscores the strong demand for generators in Grenada and the continued interest from key exporting nations.
By 2027, Grenada's Generator market is forecasted to achieve a stable growth rate of 1.49%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada Generator Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Generator Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Generator Market - Industry Life Cycle |
3.4 Grenada Generator Market - Porter's Five Forces |
3.5 Grenada Generator Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Generator Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.7 Grenada Generator Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Grenada Generator Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Grenada Generator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Generator Market Trends |
6 Grenada Generator Market Segmentations |
6.1 Grenada Generator Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Generator Market Revenues & Volume, By Stationary Generators, 2021-2031F | 6.1.4 Grenada Generator Market Revenues & Volume, By Portable Generators, 2021-2031F |
6.2 Grenada Generator Market, By Fuel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Generator Market Revenues & Volume, By Diesel Generators, 2021-2031F |
6.2.3 Grenada Generator Market Revenues & Volume, By Gas Generators, 2021-2031F |
6.3 Grenada Generator Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Generator Market Revenues & Volume, By Residential Generators, 2021-2031F |
6.3.3 Grenada Generator Market Revenues & Volume, By Commercial Generators, 2021-2031F |
6.3.4 Grenada Generator Market Revenues & Volume, By Industrial Generators, 2021-2031F |
6.3.5 Grenada Generator Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Generator Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Grenada Generator Market Revenues & Volume, By 0-100 kVA, 2021-2031F |
6.4.3 Grenada Generator Market Revenues & Volume, By 100-350 kVA, 2021-2031F |
6.4.4 Grenada Generator Market Revenues & Volume, By 350-1000kVA, 2021-2031F |
6.4.5 Grenada Generator Market Revenues & Volume, By Above 1000kVA, 2021-2031F |
7 Grenada Generator Market Import-Export Trade Statistics |
7.1 Grenada Generator Market Export to Major Countries |
7.2 Grenada Generator Market Imports from Major Countries |
8 Grenada Generator Market Key Performance Indicators |
9 Grenada Generator Market - Opportunity Assessment |
9.1 Grenada Generator Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Generator Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.3 Grenada Generator Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Grenada Generator Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Grenada Generator Market - Competitive Landscape |
10.1 Grenada Generator Market Revenue Share, By Companies, 2024 |
10.2 Grenada Generator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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