| Product Code: ETC12537382 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s import shipments of line arresters in 2024 saw a significant increase in growth rate, with top exporting countries being the USA, Trinidad and Tobago, China, Mexico, and Saint Lucia. Despite the high Herfindahl-Hirschman Index indicating a concentrated market, the CAGR from 2020 to 2024 experienced a decline of -13.42%. However, the growth rate in 2024 surged by 31.86%, reflecting a potential uptrend in demand for line arresters in Grenada. This data suggests a dynamic market landscape with opportunities for further expansion and diversification in the coming years.
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 Line Arresters Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Line Arresters Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Line Arresters Market - Industry Life Cycle |
3.4 Grenada Line Arresters Market - Porter's Five Forces |
3.5 Grenada Line Arresters Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Line Arresters Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Grenada Line Arresters Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Grenada Line Arresters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in the modernization and expansion of electrical infrastructure in Grenada |
4.2.2 Growing awareness about the importance of surge protection in the region |
4.2.3 Stringent regulations and standards mandating the use of line arresters in electrical systems |
4.3 Market Restraints |
4.3.1 High initial costs associated with the installation of line arresters |
4.3.2 Limited technical expertise and knowledge among end-users regarding the benefits of line arresters |
4.3.3 Economic uncertainties and fluctuations impacting the overall spending on infrastructure projects |
5 Grenada Line Arresters Market Trends |
6 Grenada Line Arresters Market, By Types |
6.1 Grenada Line Arresters Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Line Arresters Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Grenada Line Arresters Market Revenues & Volume, By Transmission Line, 2021 - 2031F |
6.1.4 Grenada Line Arresters Market Revenues & Volume, By Distribution Line, 2021 - 2031F |
6.2 Grenada Line Arresters Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Line Arresters Market Revenues & Volume, By Power Substations, 2021 - 2031F |
6.2.3 Grenada Line Arresters Market Revenues & Volume, By Telecommunications, 2021 - 2031F |
6.3 Grenada Line Arresters Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Line Arresters Market Revenues & Volume, By Non-Gapped Line Arrester, 2021 - 2031F |
6.3.3 Grenada Line Arresters Market Revenues & Volume, By Externally Gapped Line Arrester, 2021 - 2031F |
7 Grenada Line Arresters Market Import-Export Trade Statistics |
7.1 Grenada Line Arresters Market Export to Major Countries |
7.2 Grenada Line Arresters Market Imports from Major Countries |
8 Grenada Line Arresters Market Key Performance Indicators |
8.1 Number of electrical infrastructure modernization projects initiated in Grenada |
8.2 Percentage increase in the adoption rate of line arresters in the region |
8.3 Regulatory compliance rate for the installation of line arresters in electrical systems |
8.4 Frequency of electrical surges reported in Grenada and the effectiveness of line arresters in mitigating them |
8.5 Number of training programs and workshops conducted to educate end-users about the importance of surge protection and line arresters. |
9 Grenada Line Arresters Market - Opportunity Assessment |
9.1 Grenada Line Arresters Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Line Arresters Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Grenada Line Arresters Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Grenada Line Arresters Market - Competitive Landscape |
10.1 Grenada Line Arresters Market Revenue Share, By Companies, 2024 |
10.2 Grenada Line Arresters 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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