| Product Code: ETC12579622 | 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 low-speed electric vehicle import market saw significant growth in 2024, with key exporting countries being Japan, China, UK, USA, and South Korea. The market concentration remained high, indicating strong competition among suppliers. The impressive CAGR of 75.97% from 2020 to 2024 highlights the increasing demand for electric vehicles in Grenada. Moreover, the remarkable growth rate of 277.13% from 2023 to 2024 suggests a rapid expansion of the market. This data underscores the growing popularity and importance of low-speed electric vehicles in Grenada`s transportation sector.
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 Low Speed Electric Vehicle Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Low Speed Electric Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Low Speed Electric Vehicle Market - Industry Life Cycle |
3.4 Grenada Low Speed Electric Vehicle Market - Porter's Five Forces |
3.5 Grenada Low Speed Electric Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Grenada Low Speed Electric Vehicle Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Grenada Low Speed Electric Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting sustainable transportation solutions |
4.2.2 Increasing awareness about environmental impact of traditional vehicles |
4.2.3 Rising fuel prices leading to cost-effective alternatives |
4.3 Market Restraints |
4.3.1 Limited charging infrastructure for electric vehicles |
4.3.2 High initial cost of low-speed electric vehicles |
4.3.3 Lack of consumer awareness and acceptance of electric vehicles |
5 Grenada Low Speed Electric Vehicle Market Trends |
6 Grenada Low Speed Electric Vehicle Market, By Types |
6.1 Grenada Low Speed Electric Vehicle Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Vehicle Type, 2021 - 2031F |
6.1.3 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.1.4 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Heavy Duty Vehicles, 2021 - 2031F |
6.1.5 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Utility Vehicles, 2021 - 2031F |
6.1.6 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Off-Road Vehicles, 2021 - 2031F |
6.2 Grenada Low Speed Electric Vehicle Market, By End user |
6.2.1 Overview and Analysis |
6.2.2 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Airports, 2021 - 2031F |
6.2.3 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Residential and Commercial Premises, 2021 - 2031F |
6.2.4 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Golf Courses, 2021 - 2031F |
6.2.5 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Tourist Destinations, 2021 - 2031F |
6.2.6 Grenada Low Speed Electric Vehicle Market Revenues & Volume, By Hotels and Resorts, 2021 - 2031F |
7 Grenada Low Speed Electric Vehicle Market Import-Export Trade Statistics |
7.1 Grenada Low Speed Electric Vehicle Market Export to Major Countries |
7.2 Grenada Low Speed Electric Vehicle Market Imports from Major Countries |
8 Grenada Low Speed Electric Vehicle Market Key Performance Indicators |
8.1 Average daily mileage covered by low-speed electric vehicles |
8.2 Number of charging stations per capita |
8.3 Percentage of government budget allocated to sustainable transportation initiatives |
9 Grenada Low Speed Electric Vehicle Market - Opportunity Assessment |
9.1 Grenada Low Speed Electric Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Grenada Low Speed Electric Vehicle Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Grenada Low Speed Electric Vehicle Market - Competitive Landscape |
10.1 Grenada Low Speed Electric Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Grenada Low Speed Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |