| Product Code: ETC10610854 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada`s HVAC import market in 2024 continues to be dominated by key suppliers including the USA, China, Jamaica, Trinidad and Tobago, and the UK. Despite a slight increase in concentration with a high HHI, the market has shown steady growth with a CAGR of 2.14% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -48.12%, indicating a potential slowdown or market adjustment in the import of HVAC products. This trend suggests a need for further analysis and strategic planning for stakeholders in the industry.
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 HVAC Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada HVAC Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada HVAC Market - Industry Life Cycle |
3.4 Grenada HVAC Market - Porter's Five Forces |
3.5 Grenada HVAC Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.6 Grenada HVAC Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Grenada HVAC Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada HVAC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC systems in Grenada |
4.2.2 Growth in construction activities and infrastructure development in the region |
4.2.3 Rise in disposable income and changing consumer lifestyle preferences |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with advanced HVAC systems |
4.3.2 Limited awareness and access to financing options for HVAC upgrades |
4.3.3 Dependence on imports for HVAC equipment leading to supply chain disruptions |
5 Grenada HVAC Market Trends |
6 Grenada HVAC Market, By Types |
6.1 Grenada HVAC Market, By System Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada HVAC Market Revenues & Volume, By System Type, 2021 - 2031F |
6.1.3 Grenada HVAC Market Revenues & Volume, By Heating, 2021 - 2031F |
6.1.4 Grenada HVAC Market Revenues & Volume, By Ventilation, 2021 - 2031F |
6.1.5 Grenada HVAC Market Revenues & Volume, By Air Conditioning, 2021 - 2031F |
6.1.6 Grenada HVAC Market Revenues & Volume, By Refrigeration, 2021 - 2031F |
6.2 Grenada HVAC Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada HVAC Market Revenues & Volume, By Compressors, 2021 - 2031F |
6.2.3 Grenada HVAC Market Revenues & Volume, By Fans & Blowers, 2021 - 2031F |
6.2.4 Grenada HVAC Market Revenues & Volume, By Coils, 2021 - 2031F |
6.2.5 Grenada HVAC Market Revenues & Volume, By Ducts, 2021 - 2031F |
6.3 Grenada HVAC Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada HVAC Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Grenada HVAC Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Grenada HVAC Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Grenada HVAC Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada HVAC Market Import-Export Trade Statistics |
7.1 Grenada HVAC Market Export to Major Countries |
7.2 Grenada HVAC Market Imports from Major Countries |
8 Grenada HVAC Market Key Performance Indicators |
8.1 Energy efficiency ratings of HVAC systems in Grenada |
8.2 Number of new construction projects incorporating HVAC installations |
8.3 Percentage of households opting for HVAC system upgrades |
8.4 Adoption rate of renewable energy sources in HVAC systems |
8.5 Number of local HVAC manufacturers and suppliers |
9 Grenada HVAC Market - Opportunity Assessment |
9.1 Grenada HVAC Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.2 Grenada HVAC Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Grenada HVAC Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada HVAC Market - Competitive Landscape |
10.1 Grenada HVAC Market Revenue Share, By Companies, 2024 |
10.2 Grenada HVAC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |