| Product Code: ETC7373259 | 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 street lights to Grenada in 2024 continued to show significant growth, with the United States, United Kingdom, China, Spain, and Germany emerging as the top exporting countries. The market concentration, as measured by the HHI, increased from high to very high in 2024, reflecting a more consolidated market landscape. The impressive CAGR of 21.98% from 2020 to 2024 and a remarkable growth rate of 55.79% from 2023 to 2024 indicate a thriving market for LED street lights in Grenada with strong demand driving import volumes.
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 Street Light Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada LED Street Light Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada LED Street Light Market - Industry Life Cycle |
3.4 Grenada LED Street Light Market - Porter's Five Forces |
3.5 Grenada LED Street Light Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada LED Street Light Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada LED Street Light Market Trends |
6 Grenada LED Street Light Market, By Types |
6.1 Grenada LED Street Light Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada LED Street Light Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada LED Street Light Market Revenues & Volume, By Retrofit, 2021- 2031F |
6.1.4 Grenada LED Street Light Market Revenues & Volume, By Retail & Hospitality, 2021- 2031F |
6.1.5 Grenada LED Street Light Market Revenues & Volume, By Outdoor, 2021- 2031F |
6.1.6 Grenada LED Street Light Market Revenues & Volume, By Offices, 2021- 2031F |
6.1.7 Grenada LED Street Light Market Revenues & Volume, By Architectural, 2021- 2031F |
6.1.8 Grenada LED Street Light Market Revenues & Volume, By Residential, 2021- 2031F |
7 Grenada LED Street Light Market Import-Export Trade Statistics |
7.1 Grenada LED Street Light Market Export to Major Countries |
7.2 Grenada LED Street Light Market Imports from Major Countries |
8 Grenada LED Street Light Market Key Performance Indicators |
9 Grenada LED Street Light Market - Opportunity Assessment |
9.1 Grenada LED Street Light Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada LED Street Light Market - Competitive Landscape |
10.1 Grenada LED Street Light Market Revenue Share, By Companies, 2024 |
10.2 Grenada LED Street Light 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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