| Product Code: ETC7372228 | 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 imports of high voltage cables, with top exporting countries being the USA, UK, Trinidad and Tobago, China, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, the growth rate in 2024 surged by 13.73%. This suggests a potential uptick in demand for high voltage cables in Grenada, highlighting opportunities for suppliers to capitalize on this growing market.
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 Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High Voltage Cable Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High Voltage Cable Market - Industry Life Cycle |
3.4 Grenada High Voltage Cable Market - Porter's Five Forces |
3.5 Grenada High Voltage Cable Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.6 Grenada High Voltage Cable Market Revenues & Volume Share, By Voltage Type, 2021 & 2031F |
3.7 Grenada High Voltage Cable Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada High Voltage Cable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in Grenada |
4.2.2 Government initiatives for infrastructure development |
4.2.3 Growth in renewable energy projects in the region |
4.3 Market Restraints |
4.3.1 High initial investment required for high voltage cable infrastructure |
4.3.2 Fluctuating raw material prices |
4.3.3 Regulatory challenges in the energy sector |
5 Grenada High Voltage Cable Market Trends |
6 Grenada High Voltage Cable Market, By Types |
6.1 Grenada High Voltage Cable Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Grenada High Voltage Cable Market Revenues & Volume, By Installation, 2021- 2031F |
6.1.3 Grenada High Voltage Cable Market Revenues & Volume, By Overhead, 2021- 2031F |
6.1.4 Grenada High Voltage Cable Market Revenues & Volume, By Underground, 2021- 2031F |
6.1.5 Grenada High Voltage Cable Market Revenues & Volume, By Submarine, 2021- 2031F |
6.2 Grenada High Voltage Cable Market, By Voltage Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada High Voltage Cable Market Revenues & Volume, By 50kV-110kV, 2021- 2031F |
6.2.3 Grenada High Voltage Cable Market Revenues & Volume, By 115kV-330kV, 2021- 2031F |
6.2.4 Grenada High Voltage Cable Market Revenues & Volume, By More than 330kV, 2021- 2031F |
6.3 Grenada High Voltage Cable Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada High Voltage Cable Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.3 Grenada High Voltage Cable Market Revenues & Volume, By Renewable Energy, 2021- 2031F |
6.3.4 Grenada High Voltage Cable Market Revenues & Volume, By Infrastructure, 2021- 2031F |
7 Grenada High Voltage Cable Market Import-Export Trade Statistics |
7.1 Grenada High Voltage Cable Market Export to Major Countries |
7.2 Grenada High Voltage Cable Market Imports from Major Countries |
8 Grenada High Voltage Cable Market Key Performance Indicators |
8.1 Average project implementation timeline for high voltage cable installations |
8.2 Percentage of renewable energy sources integrated into the grid |
8.3 Number of government contracts awarded for infrastructure projects in Grenada |
9 Grenada High Voltage Cable Market - Opportunity Assessment |
9.1 Grenada High Voltage Cable Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.2 Grenada High Voltage Cable Market Opportunity Assessment, By Voltage Type, 2021 & 2031F |
9.3 Grenada High Voltage Cable Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada High Voltage Cable Market - Competitive Landscape |
10.1 Grenada High Voltage Cable Market Revenue Share, By Companies, 2024 |
10.2 Grenada High Voltage Cable 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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