| Product Code: ETC5758787 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see significant import shipments of heat meters, with Metropolitan France, USA, Argentina, UK, and Spain emerging as key exporting countries. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.46%, indicating sustained market expansion. Notably, the growth rate in 2024 surged to an impressive 302.36%, reflecting a sharp uptick in demand for heat meters in Grenada. This data suggests a promising outlook for the heat meter import market in the country.
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 Heat Meter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Heat Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Heat Meter Market - Industry Life Cycle |
3.4 Grenada Heat Meter Market - Porter's Five Forces |
3.5 Grenada Heat Meter Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Heat Meter Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Grenada Heat Meter Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
4 Grenada Heat Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in buildings |
4.2.2 Government regulations promoting the use of heat meters for better energy management |
4.2.3 Growth in the construction sector leading to increased installations of heat meters |
4.3 Market Restraints |
4.3.1 High initial cost of installing heat meters |
4.3.2 Lack of awareness and education about the benefits of heat meters |
4.3.3 Limited availability of skilled professionals for installation and maintenance |
5 Grenada Heat Meter Market Trends |
6 Grenada Heat Meter Market Segmentations |
6.1 Grenada Heat Meter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Heat Meter Market Revenues & Volume, By Mechanical, 2021-2031F |
6.1.3 Grenada Heat Meter Market Revenues & Volume, By Static, 2021-2031F |
6.2 Grenada Heat Meter Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Heat Meter Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Heat Meter Market Revenues & Volume, By Commercial & Public, 2021-2031F |
6.2.4 Grenada Heat Meter Market Revenues & Volume, By Industrial, 2021-2031F |
6.3 Grenada Heat Meter Market, By Connectivity |
6.3.1 Overview and Analysis |
6.3.2 Grenada Heat Meter Market Revenues & Volume, By Wired, 2021-2031F |
6.3.3 Grenada Heat Meter Market Revenues & Volume, By Wireless, 2021-2031F |
7 Grenada Heat Meter Market Import-Export Trade Statistics |
7.1 Grenada Heat Meter Market Export to Major Countries |
7.2 Grenada Heat Meter Market Imports from Major Countries |
8 Grenada Heat Meter Market Key Performance Indicators |
8.1 Energy savings achieved through heat meter installations |
8.2 Adoption rate of heat meters in new construction projects |
8.3 Average payback period for investments in heat meter installations |
9 Grenada Heat Meter Market - Opportunity Assessment |
9.1 Grenada Heat Meter Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Heat Meter Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Grenada Heat Meter Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
10 Grenada Heat Meter Market - Competitive Landscape |
10.1 Grenada Heat Meter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Heat Meter 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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