| Product Code: ETC12649894 | 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 | |
The import shipments of secondary optics to Grenada in 2024 were primarily led by top exporting countries such as USA, UK, Trinidad and Tobago, Canada, and Areas, nes. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration in the market. With a significant negative Compound Annual Growth Rate (CAGR) of -47.09% from 2020 to 2024, coupled with a steep decline in growth rate of -80.91% from 2023 to 2024, the market for secondary optics imports in Grenada experienced a notable downturn during this period. Further analysis is warranted to understand the underlying factors contributing to this decline.
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 Secondary Optic Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada LED Secondary Optic Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada LED Secondary Optic Market - Industry Life Cycle |
3.4 Grenada LED Secondary Optic Market - Porter's Five Forces |
3.5 Grenada LED Secondary Optic Market Revenues & Volume Share, By Optic Type, 2021 & 2031F |
3.6 Grenada LED Secondary Optic Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada LED Secondary Optic Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada LED Secondary Optic Market Revenues & Volume Share, By Beam Angle, 2021 & 2031F |
3.9 Grenada LED Secondary Optic Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
4 Grenada LED Secondary Optic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada LED Secondary Optic Market Trends |
6 Grenada LED Secondary Optic Market, By Types |
6.1 Grenada LED Secondary Optic Market, By Optic Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada LED Secondary Optic Market Revenues & Volume, By Optic Type, 2021 - 2031F |
6.1.3 Grenada LED Secondary Optic Market Revenues & Volume, By Lenses, 2021 - 2031F |
6.1.4 Grenada LED Secondary Optic Market Revenues & Volume, By Reflectors, 2021 - 2031F |
6.1.5 Grenada LED Secondary Optic Market Revenues & Volume, By Diffusers, 2021 - 2031F |
6.1.6 Grenada LED Secondary Optic Market Revenues & Volume, By Light Guides, 2021 - 2031F |
6.1.7 Grenada LED Secondary Optic Market Revenues & Volume, By Collimators, 2021 - 2031F |
6.2 Grenada LED Secondary Optic Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada LED Secondary Optic Market Revenues & Volume, By Polycarbonate, 2021 - 2031F |
6.2.3 Grenada LED Secondary Optic Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.2.4 Grenada LED Secondary Optic Market Revenues & Volume, By Glass, 2021 - 2031F |
6.2.5 Grenada LED Secondary Optic Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.2.6 Grenada LED Secondary Optic Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.3 Grenada LED Secondary Optic Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada LED Secondary Optic Market Revenues & Volume, By Spot Lighting, 2021 - 2031F |
6.3.3 Grenada LED Secondary Optic Market Revenues & Volume, By Flood Lighting, 2021 - 2031F |
6.3.4 Grenada LED Secondary Optic Market Revenues & Volume, By Street Lighting, 2021 - 2031F |
6.3.5 Grenada LED Secondary Optic Market Revenues & Volume, By Architectural Lighting, 2021 - 2031F |
6.3.6 Grenada LED Secondary Optic Market Revenues & Volume, By Stage Lighting, 2021 - 2031F |
6.4 Grenada LED Secondary Optic Market, By Beam Angle |
6.4.1 Overview and Analysis |
6.4.2 Grenada LED Secondary Optic Market Revenues & Volume, By Narrow Beam, 2021 - 2031F |
6.4.3 Grenada LED Secondary Optic Market Revenues & Volume, By Wide Beam, 2021 - 2031F |
6.4.4 Grenada LED Secondary Optic Market Revenues & Volume, By Medium Beam, 2021 - 2031F |
6.4.5 Grenada LED Secondary Optic Market Revenues & Volume, By Asymmetric Beam, 2021 - 2031F |
6.4.6 Grenada LED Secondary Optic Market Revenues & Volume, By Adjustable Beam, 2021 - 2031F |
6.5 Grenada LED Secondary Optic Market, By Mounting Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada LED Secondary Optic Market Revenues & Volume, By Surface Mount, 2021 - 2031F |
6.5.3 Grenada LED Secondary Optic Market Revenues & Volume, By Through-Hole, 2021 - 2031F |
6.5.4 Grenada LED Secondary Optic Market Revenues & Volume, By Clip-On, 2021 - 2031F |
6.5.5 Grenada LED Secondary Optic Market Revenues & Volume, By Adhesive Mount, 2021 - 2031F |
6.5.6 Grenada LED Secondary Optic Market Revenues & Volume, By Screw Mount, 2021 - 2031F |
7 Grenada LED Secondary Optic Market Import-Export Trade Statistics |
7.1 Grenada LED Secondary Optic Market Export to Major Countries |
7.2 Grenada LED Secondary Optic Market Imports from Major Countries |
8 Grenada LED Secondary Optic Market Key Performance Indicators |
9 Grenada LED Secondary Optic Market - Opportunity Assessment |
9.1 Grenada LED Secondary Optic Market Opportunity Assessment, By Optic Type, 2021 & 2031F |
9.2 Grenada LED Secondary Optic Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada LED Secondary Optic Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada LED Secondary Optic Market Opportunity Assessment, By Beam Angle, 2021 & 2031F |
9.5 Grenada LED Secondary Optic Market Opportunity Assessment, By Mounting Type, 2021 & 2031F |
10 Grenada LED Secondary Optic Market - Competitive Landscape |
10.1 Grenada LED Secondary Optic Market Revenue Share, By Companies, 2024 |
10.2 Grenada LED Secondary Optic 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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