| Product Code: ETC7372227 | 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 on key players such as China, USA, UAE, UK, and Panama for high voltage cable accessories imports, with a significant increase in concentration from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for market competitiveness. The impressive compound annual growth rate (CAGR) of 18.18% from 2020 to 2024 reflects a strong demand for these products in Grenada. Moreover, the substantial growth rate of 45.18% from 2023 to 2024 signals a rapidly expanding market, offering opportunities for both domestic and international suppliers to capitalize on this upward trend.
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 High Voltage Cable Accessories Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High Voltage Cable Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High Voltage Cable Accessories Market - Industry Life Cycle |
3.4 Grenada High Voltage Cable Accessories Market - Porter's Five Forces |
3.5 Grenada High Voltage Cable Accessories Market Revenues & Volume Share, By Location of Deployment, 2021 & 2031F |
3.6 Grenada High Voltage Cable Accessories Market Revenues & Volume Share, By Voltage Level, 2021 & 2031F |
4 Grenada High Voltage Cable Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in Grenada leading to the expansion of the high voltage cable network. |
4.2.2 Growing investments in renewable energy projects driving the need for high voltage cable accessories. |
4.2.3 Government initiatives to modernize and upgrade the power infrastructure in Grenada. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with high voltage cable accessories. |
4.3.2 Limited technological expertise and skilled labor in manufacturing and installation of high voltage cable accessories in Grenada. |
5 Grenada High Voltage Cable Accessories Market Trends |
6 Grenada High Voltage Cable Accessories Market, By Types |
6.1 Grenada High Voltage Cable Accessories Market, By Location of Deployment |
6.1.1 Overview and Analysis |
6.1.2 Grenada High Voltage Cable Accessories Market Revenues & Volume, By Location of Deployment, 2021- 2031F |
6.1.3 Grenada High Voltage Cable Accessories Market Revenues & Volume, By Overhead, 2021- 2031F |
6.1.4 Grenada High Voltage Cable Accessories Market Revenues & Volume, By Underground, 2021- 2031F |
6.1.5 Grenada High Voltage Cable Accessories Market Revenues & Volume, By Submarine, 2021- 2031F |
6.2 Grenada High Voltage Cable Accessories Market, By Voltage Level |
6.2.1 Overview and Analysis |
6.2.2 Grenada High Voltage Cable Accessories Market Revenues & Volume, By High Voltage, 2021- 2031F |
6.2.3 Grenada High Voltage Cable Accessories Market Revenues & Volume, By Extra High Voltage, 2021- 2031F |
6.2.4 Grenada High Voltage Cable Accessories Market Revenues & Volume, By Ultra High Voltage, 2021- 2031F |
7 Grenada High Voltage Cable Accessories Market Import-Export Trade Statistics |
7.1 Grenada High Voltage Cable Accessories Market Export to Major Countries |
7.2 Grenada High Voltage Cable Accessories Market Imports from Major Countries |
8 Grenada High Voltage Cable Accessories Market Key Performance Indicators |
8.1 Average installation time for high voltage cable accessories in Grenada. |
8.2 Rate of adoption of advanced technologies in high voltage cable accessories manufacturing. |
8.3 Percentage of renewable energy sources in Grenada's total energy mix. |
9 Grenada High Voltage Cable Accessories Market - Opportunity Assessment |
9.1 Grenada High Voltage Cable Accessories Market Opportunity Assessment, By Location of Deployment, 2021 & 2031F |
9.2 Grenada High Voltage Cable Accessories Market Opportunity Assessment, By Voltage Level, 2021 & 2031F |
10 Grenada High Voltage Cable Accessories Market - Competitive Landscape |
10.1 Grenada High Voltage Cable Accessories Market Revenue Share, By Companies, 2024 |
10.2 Grenada High Voltage Cable Accessories 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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