| Product Code: ETC5772087 | 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 |
Despite a significant decline in growth rate in 2024, the import shipments of large-scale natural refrigerant heat pumps to Grenada continued to be dominated by key exporting countries such as the USA, China, Jamaica, Trinidad and Tobago, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a modest compound annual growth rate (CAGR) of 2.14% from 2020 to 2024, Grenada`s demand for these heat pumps is showing steady but slow growth, presenting opportunities for exporters to tap into this 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 Large-scale Natural Refrigerant Heat Pump Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Large-scale Natural Refrigerant Heat Pump Market - Industry Life Cycle |
3.4 Grenada Large-scale Natural Refrigerant Heat Pump Market - Porter's Five Forces |
3.5 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume Share, By Natural Refrigerants, 2021 & 2031F |
3.7 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Grenada Large-scale Natural Refrigerant Heat Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainability and environmental concerns driving demand for natural refrigerant heat pumps |
4.2.2 Government regulations promoting the use of environmentally friendly technologies |
4.2.3 Growing awareness about energy efficiency and cost savings associated with natural refrigerant heat pumps |
4.3 Market Restraints |
4.3.1 High initial investment cost for large-scale natural refrigerant heat pump systems |
4.3.2 Limited availability of skilled technicians for installation and maintenance |
4.3.3 Lack of infrastructure and support services for natural refrigerant heat pump technology |
5 Grenada Large-scale Natural Refrigerant Heat Pump Market Trends |
6 Grenada Large-scale Natural Refrigerant Heat Pump Market Segmentations |
6.1 Grenada Large-scale Natural Refrigerant Heat Pump Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By 20? ??200 kW, 2021-2031F |
6.1.3 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By 200? ??500 kW, 2021-2031F |
6.1.4 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By 500? ??1,000 kW, 2021-2031F |
6.1.5 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By Above 1,000 kW, 2021-2031F |
6.2 Grenada Large-scale Natural Refrigerant Heat Pump Market, By Natural Refrigerants |
6.2.1 Overview and Analysis |
6.2.2 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By Ammonia (R-717), 2021-2031F |
6.2.3 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By Carbon Dioxide (R-744), 2021-2031F |
6.2.4 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By Hydrocarbons, 2021-2031F |
6.2.5 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By Other refrigerants, 2021-2031F |
6.3 Grenada Large-scale Natural Refrigerant Heat Pump Market, By End use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Large-scale Natural Refrigerant Heat Pump Market Import-Export Trade Statistics |
7.1 Grenada Large-scale Natural Refrigerant Heat Pump Market Export to Major Countries |
7.2 Grenada Large-scale Natural Refrigerant Heat Pump Market Imports from Major Countries |
8 Grenada Large-scale Natural Refrigerant Heat Pump Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of natural refrigerant heat pumps |
8.2 Number of government policies and incentives supporting the adoption of natural refrigerant heat pumps |
8.3 Growth in the number of certified professionals in natural refrigerant heat pump technology |
8.4 Rate of adoption of natural refrigerant heat pumps in commercial and industrial sectors |
9 Grenada Large-scale Natural Refrigerant Heat Pump Market - Opportunity Assessment |
9.1 Grenada Large-scale Natural Refrigerant Heat Pump Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Grenada Large-scale Natural Refrigerant Heat Pump Market Opportunity Assessment, By Natural Refrigerants, 2021 & 2031F |
9.3 Grenada Large-scale Natural Refrigerant Heat Pump Market Opportunity Assessment, By End use, 2021 & 2031F |
10 Grenada Large-scale Natural Refrigerant Heat Pump Market - Competitive Landscape |
10.1 Grenada Large-scale Natural Refrigerant Heat Pump Market Revenue Share, By Companies, 2024 |
10.2 Grenada Large-scale Natural Refrigerant Heat Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |