| Product Code: ETC5762910 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Grenada industrial plugs and sockets import market continued to show strong growth in 2024, with a notable CAGR of 10.44% from 2020 to 2024. The top countries exporting to Grenada in 2024 were the UK, USA, Trinidad and Tobago, Metropolitan France, and China. Despite the presence of multiple exporting countries, the market remained highly concentrated, as indicated by the high HHI. The impressive growth rate of 9.0% from 2023 to 2024 suggests a promising outlook for the industry in Grenada.
sockets 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 Industrial Plugs , Sockets Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Industrial Plugs , Sockets Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Industrial Plugs , Sockets Market - Industry Life Cycle |
3.4 Grenada Industrial Plugs , Sockets Market - Porter's Five Forces |
3.5 Grenada Industrial Plugs , Sockets Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Grenada Industrial Plugs , Sockets Market Revenues & Volume Share, By Current, 2021 & 2031F |
3.7 Grenada Industrial Plugs , Sockets Market Revenues & Volume Share, By Protection, 2021 & 2031F |
4 Grenada Industrial Plugs , Sockets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization in Grenada leading to higher demand for industrial plugs and sockets |
4.2.2 Growing focus on workplace safety regulations driving the adoption of high-quality plugs and sockets |
4.2.3 Technological advancements in industrial plugs and sockets improving efficiency and reliability |
4.3 Market Restraints |
4.3.1 Economic instability impacting investment in industrial infrastructure |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Competition from alternative power distribution solutions such as wireless charging technologies |
5 Grenada Industrial Plugs , Sockets Market Trends |
6 Grenada Industrial Plugs , Sockets Market Segmentations |
6.1 Grenada Industrial Plugs , Sockets Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By Heavy Industries, 2021-2031F |
6.1.3 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.1.4 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By Chemicals & Pharmaceuticals, 2021-2031F |
6.1.5 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2 Grenada Industrial Plugs , Sockets Market, By Current |
6.2.1 Overview and Analysis |
6.2.2 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By up to 32 A, 2021-2031F |
6.2.3 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By 32 to 125 A, 2021-2031F |
6.2.4 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By Above 125 A, 2021-2031F |
6.3 Grenada Industrial Plugs , Sockets Market, By Protection |
6.3.1 Overview and Analysis |
6.3.2 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By Dustproof & Splash Proof, 2021-2031F |
6.3.3 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By Waterproof, 2021-2031F |
6.3.4 Grenada Industrial Plugs , Sockets Market Revenues & Volume, By Explosion Proof, 2021-2031F |
7 Grenada Industrial Plugs , Sockets Market Import-Export Trade Statistics |
7.1 Grenada Industrial Plugs , Sockets Market Export to Major Countries |
7.2 Grenada Industrial Plugs , Sockets Market Imports from Major Countries |
8 Grenada Industrial Plugs , Sockets Market Key Performance Indicators |
8.1 Number of new industrial projects in Grenada |
8.2 Adoption rate of advanced safety features in industrial plugs and sockets |
8.3 Percentage of industrial accidents related to electrical issues in workplaces |
9 Grenada Industrial Plugs , Sockets Market - Opportunity Assessment |
9.1 Grenada Industrial Plugs , Sockets Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Grenada Industrial Plugs , Sockets Market Opportunity Assessment, By Current, 2021 & 2031F |
9.3 Grenada Industrial Plugs , Sockets Market Opportunity Assessment, By Protection, 2021 & 2031F |
10 Grenada Industrial Plugs , Sockets Market - Competitive Landscape |
10.1 Grenada Industrial Plugs , Sockets Market Revenue Share, By Companies, 2024 |
10.2 Grenada Industrial Plugs , Sockets 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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