| Product Code: ETC12374566 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to see a high concentration of hermetic motor import shipments, with top exporting countries being the USA, Germany, Japan, UK, and Trinidad and Tobago. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 0.97, while the growth rate from 2023 to 2024 showed a notable uptick at 4.14. This suggests a stable market condition with a slight acceleration in growth, particularly driven by key exporting countries.
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 Hermetic Motor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Hermetic Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Hermetic Motor Market - Industry Life Cycle |
3.4 Grenada Hermetic Motor Market - Porter's Five Forces |
3.5 Grenada Hermetic Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.6 Grenada Hermetic Motor Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Grenada Hermetic Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Hermetic Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Hermetic Motor Market Trends |
6 Grenada Hermetic Motor Market, By Types |
6.1 Grenada Hermetic Motor Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Hermetic Motor Market Revenues & Volume, By Motor Type, 2021 - 2031F |
6.1.3 Grenada Hermetic Motor Market Revenues & Volume, By AC Hermetic Motors , 2021 - 2031F |
6.1.4 Grenada Hermetic Motor Market Revenues & Volume, By DC Hermetic Motors , 2021 - 2031F |
6.2 Grenada Hermetic Motor Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Grenada Hermetic Motor Market Revenues & Volume, By Less than 1HP , 2021 - 2031F |
6.2.3 Grenada Hermetic Motor Market Revenues & Volume, By 1-5HP , 2021 - 2031F |
6.2.4 Grenada Hermetic Motor Market Revenues & Volume, By Above 5HP , 2021 - 2031F |
6.3 Grenada Hermetic Motor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Hermetic Motor Market Revenues & Volume, By Refrigeration Compressors , 2021 - 2031F |
6.3.3 Grenada Hermetic Motor Market Revenues & Volume, By Air Conditioning Units , 2021 - 2031F |
6.3.4 Grenada Hermetic Motor Market Revenues & Volume, By Industrial Refrigeration , 2021 - 2031F |
6.3.5 Grenada Hermetic Motor Market Revenues & Volume, By Household Appliances , 2021 - 2031F |
6.3.6 Grenada Hermetic Motor Market Revenues & Volume, By Commercial HVAC Systems , 2021 - 2031F |
7 Grenada Hermetic Motor Market Import-Export Trade Statistics |
7.1 Grenada Hermetic Motor Market Export to Major Countries |
7.2 Grenada Hermetic Motor Market Imports from Major Countries |
8 Grenada Hermetic Motor Market Key Performance Indicators |
9 Grenada Hermetic Motor Market - Opportunity Assessment |
9.1 Grenada Hermetic Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.2 Grenada Hermetic Motor Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Grenada Hermetic Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Hermetic Motor Market - Competitive Landscape |
10.1 Grenada Hermetic Motor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Hermetic Motor 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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