| Product Code: ETC7372234 | 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 |
High voltage measuring equipment import shipments to Grenada experienced a significant growth rate of 121.36% in 2024, with top exporting countries being the USA, Panama, Saint Vincent and the Grenadines, Lebanon, and the UK. Despite the growth, market concentration, as measured by the HHI, remained very high in 2024. The compound annual growth rate (CAGR) for the period 2020-2024 was 0.17, indicating stable growth over the past few years. The data suggests a dynamic market with diverse sources of high voltage measuring equipment entering Grenada.
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 Measuring Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High Voltage Measuring Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High Voltage Measuring Equipment Market - Industry Life Cycle |
3.4 Grenada High Voltage Measuring Equipment Market - Porter's Five Forces |
3.5 Grenada High Voltage Measuring Equipment Market Revenues & Volume Share, By Product Type Analysis, 2021 & 2031F |
3.6 Grenada High Voltage Measuring Equipment Market Revenues & Volume Share, By Voltage Analysis, 2021 & 2031F |
3.7 Grenada High Voltage Measuring Equipment Market Revenues & Volume Share, By Current Analysis, 2021 & 2031F |
3.8 Grenada High Voltage Measuring Equipment Market Revenues & Volume Share, By Application Analysis, 2021 & 2031F |
4 Grenada High Voltage Measuring Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity and power infrastructure development in Grenada |
4.2.2 Rising adoption of renewable energy sources driving the need for high voltage measuring equipment |
4.2.3 Government initiatives and investments in modernizing the power sector in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with high voltage measuring equipment |
4.3.2 Lack of skilled workforce for operating and maintaining high voltage measuring equipment in Grenada |
5 Grenada High Voltage Measuring Equipment Market Trends |
6 Grenada High Voltage Measuring Equipment Market, By Types |
6.1 Grenada High Voltage Measuring Equipment Market, By Product Type Analysis |
6.1.1 Overview and Analysis |
6.1.2 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Product Type Analysis, 2021- 2031F |
6.1.3 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Capacitive Voltage Transformer, 2021- 2031F |
6.1.4 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Potential Transformer, 2021- 2031F |
6.1.5 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada High Voltage Measuring Equipment Market, By Voltage Analysis |
6.2.1 Overview and Analysis |
6.2.2 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By High Voltage (35-400kV), 2021- 2031F |
6.2.3 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Extra High Voltage (401-800kV), 2021- 2031F |
6.2.4 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Ultra High Voltage (>800kV), 2021- 2031F |
6.3 Grenada High Voltage Measuring Equipment Market, By Current Analysis |
6.3.1 Overview and Analysis |
6.3.2 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Alternating Current, 2021- 2031F |
6.3.3 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Direct Current, 2021- 2031F |
6.4 Grenada High Voltage Measuring Equipment Market, By Application Analysis |
6.4.1 Overview and Analysis |
6.4.2 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Power Generation (substation), 2021- 2031F |
6.4.3 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Power Transmission, 2021- 2031F |
6.4.4 Grenada High Voltage Measuring Equipment Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Grenada High Voltage Measuring Equipment Market Import-Export Trade Statistics |
7.1 Grenada High Voltage Measuring Equipment Market Export to Major Countries |
7.2 Grenada High Voltage Measuring Equipment Market Imports from Major Countries |
8 Grenada High Voltage Measuring Equipment Market Key Performance Indicators |
8.1 Percentage increase in government spending on power sector modernization projects |
8.2 Growth rate of renewable energy installations in Grenada |
8.3 Number of training programs conducted for workforce development in handling high voltage measuring equipment |
9 Grenada High Voltage Measuring Equipment Market - Opportunity Assessment |
9.1 Grenada High Voltage Measuring Equipment Market Opportunity Assessment, By Product Type Analysis, 2021 & 2031F |
9.2 Grenada High Voltage Measuring Equipment Market Opportunity Assessment, By Voltage Analysis, 2021 & 2031F |
9.3 Grenada High Voltage Measuring Equipment Market Opportunity Assessment, By Current Analysis, 2021 & 2031F |
9.4 Grenada High Voltage Measuring Equipment Market Opportunity Assessment, By Application Analysis, 2021 & 2031F |
10 Grenada High Voltage Measuring Equipment Market - Competitive Landscape |
10.1 Grenada High Voltage Measuring Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada High Voltage Measuring Equipment 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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