| Product Code: ETC10611238 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to rely on HVAC pump imports from top exporting countries including the USA, Italy, China, Trinidad and Tobago, and the UAE. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the industry saw a strong compound annual growth rate (CAGR) of 14.46% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -8.99%, indicating potential challenges or shifts in the market dynamics for HVAC pump imports in 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 HVAC Pump Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada HVAC Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada HVAC Pump Market - Industry Life Cycle |
3.4 Grenada HVAC Pump Market - Porter's Five Forces |
3.5 Grenada HVAC Pump Market Revenues & Volume Share, By Pump Type, 2021 & 2031F |
3.6 Grenada HVAC Pump Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Grenada HVAC Pump Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada HVAC Pump Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada HVAC Pump 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 Government initiatives promoting the use of renewable energy sources in heating and cooling systems |
4.2.3 Growth in construction activities and infrastructure development in Grenada |
4.3 Market Restraints |
4.3.1 High initial cost of HVAC pump installations |
4.3.2 Limited awareness about the benefits of energy-efficient HVAC pumps among consumers in Grenada |
4.3.3 Dependence on imports for technologically advanced HVAC pump systems |
5 Grenada HVAC Pump Market Trends |
6 Grenada HVAC Pump Market, By Types |
6.1 Grenada HVAC Pump Market, By Pump Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada HVAC Pump Market Revenues & Volume, By Pump Type, 2021 - 2031F |
6.1.3 Grenada HVAC Pump Market Revenues & Volume, By Centrifugal Pumps, 2021 - 2031F |
6.1.4 Grenada HVAC Pump Market Revenues & Volume, By Reciprocating Pumps, 2021 - 2031F |
6.1.5 Grenada HVAC Pump Market Revenues & Volume, By Rotary Pumps, 2021 - 2031F |
6.2 Grenada HVAC Pump Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Grenada HVAC Pump Market Revenues & Volume, By Below 5 HP, 2021 - 2031F |
6.2.3 Grenada HVAC Pump Market Revenues & Volume, By 5-15 HP, 2021 - 2031F |
6.2.4 Grenada HVAC Pump Market Revenues & Volume, By Above 15 HP, 2021 - 2031F |
6.3 Grenada HVAC Pump Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada HVAC Pump Market Revenues & Volume, By Chilled Water Systems, 2021 - 2031F |
6.3.3 Grenada HVAC Pump Market Revenues & Volume, By Condensers, 2021 - 2031F |
6.3.4 Grenada HVAC Pump Market Revenues & Volume, By Cooling Towers, 2021 - 2031F |
6.4 Grenada HVAC Pump Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada HVAC Pump Market Revenues & Volume, By Residential, 2021 - 2031F |
6.4.3 Grenada HVAC Pump Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Grenada HVAC Pump Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Grenada HVAC Pump Market Import-Export Trade Statistics |
7.1 Grenada HVAC Pump Market Export to Major Countries |
7.2 Grenada HVAC Pump Market Imports from Major Countries |
8 Grenada HVAC Pump Market Key Performance Indicators |
8.1 Energy consumption reduction rate due to the adoption of energy-efficient HVAC pumps |
8.2 Number of government incentives or subsidies provided for the installation of energy-efficient HVAC pumps |
8.3 Percentage increase in the adoption of renewable energy sources in HVAC systems in Grenada |
9 Grenada HVAC Pump Market - Opportunity Assessment |
9.1 Grenada HVAC Pump Market Opportunity Assessment, By Pump Type, 2021 & 2031F |
9.2 Grenada HVAC Pump Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Grenada HVAC Pump Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada HVAC Pump Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada HVAC Pump Market - Competitive Landscape |
10.1 Grenada HVAC Pump Market Revenue Share, By Companies, 2024 |
10.2 Grenada HVAC Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |