| Product Code: ETC7372235 | 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 see significant import shipments of high voltage positive temperature coefficient (PTC) heaters, with top exporting countries including Panama, USA, Brazil, UK, and Trinidad and Tobago. The Herfindahl-Hirschman Index (HHI) maintained high concentration levels, indicating a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.92%, with an impressive growth rate of 68.69% from 2023 to 2024, highlighting the strong demand and potential opportunities in the Grenadian market for PTC heaters.
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 Positive Temperature Coefficient (PTC) Heater Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market - Industry Life Cycle |
3.4 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market - Porter's Five Forces |
3.5 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing need for energy-efficient heating solutions in industrial and residential sectors |
4.2.2 Growing demand for PTC heaters due to their safety features and self-regulating properties |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with PTC heaters |
4.3.2 Limited awareness and penetration of PTC heaters in certain regions |
5 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Trends |
6 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market, By Types |
6.1 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume, By Air Based High Voltage PTC Heater, 2021- 2031F |
6.1.4 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume, By Water Based High Voltage PTC Heater, 2021- 2031F |
6.2 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume, By Electric Vehicle, 2021- 2031F |
6.2.3 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume, By Hybrid Electric Vehicle, 2021- 2031F |
6.2.4 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume, By Plug In-Hybrid, 2021- 2031F |
6.3 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume, By Original Equipment Manufacturers (OEM), 2021- 2031F |
6.3.3 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Import-Export Trade Statistics |
7.1 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Export to Major Countries |
7.2 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Imports from Major Countries |
8 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Key Performance Indicators |
8.1 Adoption rate of PTC heaters in key industries |
8.2 Number of patents filed for PTC heater technologies |
9 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market - Opportunity Assessment |
9.1 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market - Competitive Landscape |
10.1 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater Market Revenue Share, By Companies, 2024 |
10.2 Grenada High Voltage Positive Temperature Coefficient (PTC) Heater 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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