| Product Code: ETC7373942 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import shipments of low voltage induction motors in 2024 saw a significant increase in concentration, with top exporting countries being the USA, China, Puerto Rico, UK, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a very concentrated market. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was strong at 10.77%. This data suggests a competitive market landscape with opportunities for market players to capitalize on the growing demand for low voltage induction motors in Grenada.
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 Voltage Induction Motors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Low Voltage Induction Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Low Voltage Induction Motors Market - Industry Life Cycle |
3.4 Grenada Low Voltage Induction Motors Market - Porter's Five Forces |
3.5 Grenada Low Voltage Induction Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Low Voltage Induction Motors Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Grenada Low Voltage Induction Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient motors in Grenada |
4.2.2 Growing industrial sector in Grenada driving the need for low voltage induction motors |
4.2.3 Government initiatives promoting the use of energy-efficient technologies in the country |
4.3 Market Restraints |
4.3.1 High initial investment cost for low voltage induction motors |
4.3.2 Limited awareness about the benefits of energy-efficient motors among consumers in Grenada |
4.3.3 Availability of alternative motor technologies in the market |
5 Grenada Low Voltage Induction Motors Market Trends |
6 Grenada Low Voltage Induction Motors Market, By Types |
6.1 Grenada Low Voltage Induction Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Low Voltage Induction Motors Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Low Voltage Induction Motors Market Revenues & Volume, By Single Phase, 2021- 2031F |
6.1.4 Grenada Low Voltage Induction Motors Market Revenues & Volume, By Poly Phase, 2021- 2031F |
6.2 Grenada Low Voltage Induction Motors Market, By End User Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Low Voltage Induction Motors Market Revenues & Volume, By Metal and Mining, 2021- 2031F |
6.2.3 Grenada Low Voltage Induction Motors Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.2.4 Grenada Low Voltage Induction Motors Market Revenues & Volume, By Chemicals and Petrochemicals, 2021- 2031F |
6.2.5 Grenada Low Voltage Induction Motors Market Revenues & Volume, By Water and Wastewater, 2021- 2031F |
6.2.6 Grenada Low Voltage Induction Motors Market Revenues & Volume, By Discrete Industries, 2021- 2031F |
6.2.7 Grenada Low Voltage Induction Motors Market Revenues & Volume, By Power Generation, 2021- 2031F |
7 Grenada Low Voltage Induction Motors Market Import-Export Trade Statistics |
7.1 Grenada Low Voltage Induction Motors Market Export to Major Countries |
7.2 Grenada Low Voltage Induction Motors Market Imports from Major Countries |
8 Grenada Low Voltage Induction Motors Market Key Performance Indicators |
8.1 Average energy savings achieved by using low voltage induction motors |
8.2 Number of industrial installations opting for energy-efficient motors |
8.3 Percentage increase in government incentives or subsidies for energy-efficient technologies |
8.4 Adoption rate of low voltage induction motors in key industries |
8.5 Number of educational campaigns conducted to raise awareness about energy-efficient motor technologies |
9 Grenada Low Voltage Induction Motors Market - Opportunity Assessment |
9.1 Grenada Low Voltage Induction Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Low Voltage Induction Motors Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Grenada Low Voltage Induction Motors Market - Competitive Landscape |
10.1 Grenada Low Voltage Induction Motors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Low Voltage Induction Motors 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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