| Product Code: ETC7373256 | 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 |
The import shipments of LED retrofit products to Grenada have seen impressive growth, with a high concentration of imports from top exporting countries like the USA, UK, China, Spain, and Germany. The market has experienced a substantial increase in concentration levels from 2023 to 2024, indicating a strong presence of these key players in the market. The impressive Compound Annual Growth Rate (CAGR) of 21.98% from 2020 to 2024 highlights the growing demand for LED retrofit products in Grenada. Additionally, the remarkable growth rate of 55.79% from 2023 to 2024 signifies the rapid expansion of this market segment.
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 LED Retrofit Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada LED Retrofit Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada LED Retrofit Market - Industry Life Cycle |
3.4 Grenada LED Retrofit Market - Porter's Five Forces |
3.5 Grenada LED Retrofit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada LED Retrofit Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
4 Grenada LED Retrofit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada LED Retrofit Market Trends |
6 Grenada LED Retrofit Market, By Types |
6.1 Grenada LED Retrofit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada LED Retrofit Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada LED Retrofit Market Revenues & Volume, By Indoor, 2021- 2031F |
6.1.4 Grenada LED Retrofit Market Revenues & Volume, By Outdoor, 2021- 2031F |
6.2 Grenada LED Retrofit Market, By Functionality |
6.2.1 Overview and Analysis |
6.2.2 Grenada LED Retrofit Market Revenues & Volume, By Dimmable, 2021- 2031F |
6.2.3 Grenada LED Retrofit Market Revenues & Volume, By Non-dimmable, 2021- 2031F |
7 Grenada LED Retrofit Market Import-Export Trade Statistics |
7.1 Grenada LED Retrofit Market Export to Major Countries |
7.2 Grenada LED Retrofit Market Imports from Major Countries |
8 Grenada LED Retrofit Market Key Performance Indicators |
9 Grenada LED Retrofit Market - Opportunity Assessment |
9.1 Grenada LED Retrofit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada LED Retrofit Market Opportunity Assessment, By Functionality, 2021 & 2031F |
10 Grenada LED Retrofit Market - Competitive Landscape |
10.1 Grenada LED Retrofit Market Revenue Share, By Companies, 2024 |
10.2 Grenada LED Retrofit 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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