Grenada Genset Generator Market (2025-2031) | Size, Consumer Insights, Strategic Insights, Companies, Share, Trends, Investment Trends, Pricing Analysis, Demand, Supply, Outlook, Opportunities, Analysis, Restraints, Strategy, Forecast, Industry, Revenue, Competitive, Segments, Competition, Segmentation, Challenges, Drivers, Value, Growth

Market Forecast By Power Rating (less than 50 kVA, 50 to125 kVA, 125 to 200 kVA, 200 to 330 kVA, 330 to 750 kVA, More than 750 kVA), By Application (Standby, Peak Shaving, Prime and Continuous), By End user (Residential, Commercial, Industrial), By Fuel (Diesel, Gas, Hybrid) And Competitive Landscape
Product Code: ETC12227302 Publication Date: Apr 2025 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Bhawna Singh No. of Pages: 65 No. of Figures: 34 No. of Tables: 19

Grenada Genset Generator Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Grenada genset generator import market saw significant growth in 2024, with top exporting countries being the USA, UK, China, Netherlands, and Trinidad and Tobago. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. The impressive compound annual growth rate (CAGR) of 25.97% from 2020 to 2024 reflects strong demand for genset generators in Grenada. Furthermore, the remarkable growth rate of 76.91% from 2023 to 2024 suggests a rapid acceleration in import shipments, highlighting a thriving market for these essential power generation products.

Key Highlights of the Report:

  • Grenada Genset Generator Market Outlook
  • Market Size of Grenada Genset Generator Market,2024
  • Forecast of Grenada Genset Generator Market, 2031
  • Historical Data and Forecast of Grenada Genset Generator Revenues & Volume for the Period 2021-2031
  • Grenada Genset Generator Market Trend Evolution
  • Grenada Genset Generator Market Drivers and Challenges
  • Grenada Genset Generator Price Trends
  • Grenada Genset Generator Porter's Five Forces
  • Grenada Genset Generator Industry Life Cycle
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Power Rating for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By less than 50 kVA for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By 50 to125 kVA for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By 125 to 200 kVA for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By 200 to 330 kVA for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By 330 to 750 kVA for the Period 2021 - 2029
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By More than 750 kVA for the Period 2021 - 2029
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Standby for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Peak Shaving for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Prime and Continuous for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By End user for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Fuel for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Diesel for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Gas for the Period 2021-2031
  • Historical Data and Forecast of Grenada Genset Generator Market Revenues & Volume By Hybrid for the Period 2021-2031
  • Grenada Genset Generator Import Export Trade Statistics
  • Market Opportunity Assessment By Power Rating
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End user
  • Market Opportunity Assessment By Fuel
  • Grenada Genset Generator Top Companies Market Share
  • Grenada Genset Generator Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Genset Generator Company Profiles
  • Grenada Genset Generator Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Genset Generator Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Genset Generator Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Genset Generator Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Genset Generator Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Genset Generator Market - Industry Life Cycle

3.4 Grenada Genset Generator Market - Porter's Five Forces

3.5 Grenada Genset Generator Market Revenues & Volume Share, By Power Rating, 2021 & 2031F

3.6 Grenada Genset Generator Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Grenada Genset Generator Market Revenues & Volume Share, By End user, 2021 & 2031F

3.8 Grenada Genset Generator Market Revenues & Volume Share, By Fuel, 2021 & 2031F

4 Grenada Genset Generator Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for reliable backup power solutions in Grenada due to frequent power outages

4.2.2 Growing construction and infrastructure development projects in Grenada leading to higher demand for genset generators

4.2.3 Government initiatives promoting the use of genset generators for reliable electricity supply

4.3 Market Restraints

4.3.1 High initial investment costs associated with purchasing genset generators

4.3.2 Maintenance and operational costs could be a deterrent for some potential buyers

4.3.3 Environmental concerns and regulations regarding emissions from genset generators

5 Grenada Genset Generator Market Trends

6 Grenada Genset Generator Market, By Types

6.1 Grenada Genset Generator Market, By Power Rating

6.1.1 Overview and Analysis

6.1.2 Grenada Genset Generator Market Revenues & Volume, By Power Rating, 2021 - 2031F

6.1.3 Grenada Genset Generator Market Revenues & Volume, By less than 50 kVA, 2021 - 2031F

6.1.4 Grenada Genset Generator Market Revenues & Volume, By 50 to125 kVA, 2021 - 2031F

6.1.5 Grenada Genset Generator Market Revenues & Volume, By 125 to 200 kVA, 2021 - 2031F

6.1.6 Grenada Genset Generator Market Revenues & Volume, By 200 to 330 kVA, 2021 - 2031F

6.1.7 Grenada Genset Generator Market Revenues & Volume, By 330 to 750 kVA, 2021 - 2031F

6.1.8 Grenada Genset Generator Market Revenues & Volume, By More than 750 kVA, 2021 - 2029F

6.2 Grenada Genset Generator Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Genset Generator Market Revenues & Volume, By Standby, 2021 - 2031F

6.2.3 Grenada Genset Generator Market Revenues & Volume, By Peak Shaving, 2021 - 2031F

6.2.4 Grenada Genset Generator Market Revenues & Volume, By Prime and Continuous, 2021 - 2031F

6.3 Grenada Genset Generator Market, By End user

6.3.1 Overview and Analysis

6.3.2 Grenada Genset Generator Market Revenues & Volume, By Residential, 2021 - 2031F

6.3.3 Grenada Genset Generator Market Revenues & Volume, By Commercial, 2021 - 2031F

6.3.4 Grenada Genset Generator Market Revenues & Volume, By Industrial, 2021 - 2031F

6.4 Grenada Genset Generator Market, By Fuel

6.4.1 Overview and Analysis

6.4.2 Grenada Genset Generator Market Revenues & Volume, By Diesel, 2021 - 2031F

6.4.3 Grenada Genset Generator Market Revenues & Volume, By Gas, 2021 - 2031F

6.4.4 Grenada Genset Generator Market Revenues & Volume, By Hybrid, 2021 - 2031F

7 Grenada Genset Generator Market Import-Export Trade Statistics

7.1 Grenada Genset Generator Market Export to Major Countries

7.2 Grenada Genset Generator Market Imports from Major Countries

8 Grenada Genset Generator Market Key Performance Indicators

8.1 Average utilization rate of genset generators in Grenada

8.2 Number of new construction permits issued in Grenada

8.3 Frequency and duration of power outages in Grenada

9 Grenada Genset Generator Market - Opportunity Assessment

9.1 Grenada Genset Generator Market Opportunity Assessment, By Power Rating, 2021 & 2031F

9.2 Grenada Genset Generator Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Grenada Genset Generator Market Opportunity Assessment, By End user, 2021 & 2031F

9.4 Grenada Genset Generator Market Opportunity Assessment, By Fuel, 2021 & 2031F

10 Grenada Genset Generator Market - Competitive Landscape

10.1 Grenada Genset Generator Market Revenue Share, By Companies, 2024

10.2 Grenada Genset Generator Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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