| Product Code: ETC7371263 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely heavily on generator set imports, with the USA, UK, China, Netherlands, and Trinidad and Tobago leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 25.97% from 2020 to 2024 demonstrates a strong upward trend in demand for generator sets. Additionally, the remarkable growth rate of 76.91% from 2023 to 2024 suggests a significant surge in shipments, highlighting the importance of this market segment for Grenada`s energy needs.
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 Sets Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Generator Sets Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Generator Sets Market - Industry Life Cycle |
3.4 Grenada Generator Sets Market - Porter's Five Forces |
3.5 Grenada Generator Sets Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Grenada Generator Sets Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Grenada Generator Sets Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Generator Sets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Generator Sets Market Trends |
6 Grenada Generator Sets Market, By Types |
6.1 Grenada Generator Sets Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Grenada Generator Sets Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Grenada Generator Sets Market Revenues & Volume, By Below 75 kVA, 2021- 2031F |
6.1.4 Grenada Generator Sets Market Revenues & Volume, By 75-350 kVA, 2021- 2031F |
6.1.5 Grenada Generator Sets Market Revenues & Volume, By Above 350 kVA, 2021- 2031F |
6.2 Grenada Generator Sets Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Generator Sets Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Grenada Generator Sets Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Grenada Generator Sets Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3 Grenada Generator Sets Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Generator Sets Market Revenues & Volume, By Standby Backup Power, 2021- 2031F |
6.3.3 Grenada Generator Sets Market Revenues & Volume, By Prime/ Continuous Power, 2021- 2031F |
6.3.4 Grenada Generator Sets Market Revenues & Volume, By Peak Shaving, 2021- 2031F |
7 Grenada Generator Sets Market Import-Export Trade Statistics |
7.1 Grenada Generator Sets Market Export to Major Countries |
7.2 Grenada Generator Sets Market Imports from Major Countries |
8 Grenada Generator Sets Market Key Performance Indicators |
9 Grenada Generator Sets Market - Opportunity Assessment |
9.1 Grenada Generator Sets Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Grenada Generator Sets Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Grenada Generator Sets Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Generator Sets Market - Competitive Landscape |
10.1 Grenada Generator Sets Market Revenue Share, By Companies, 2024 |
10.2 Grenada Generator Sets 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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