| Product Code: ETC5783392 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of medium voltage cables & accessories to Grenada in 2024 continued to show a high level of market concentration, with the top exporting countries being the UK, USA, Panama, China, and Areas, nes. The Herfindahl-Hirschman Index (HHI) indicated a significant increase in market concentration from 2023 to 2024. Despite a high Compound Annual Growth Rate (CAGR) of 13.66% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -61.58%. This data suggests a challenging market environment for importers and stakeholders in the medium voltage cables & accessories sector 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 Medium Voltage Cables & Accessories Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Medium Voltage Cables & Accessories Market - Industry Life Cycle |
3.4 Grenada Medium Voltage Cables & Accessories Market - Porter's Five Forces |
3.5 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.6 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.7 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume Share, By Voltage Range, 2021 & 2031F |
4 Grenada Medium Voltage Cables & Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure development projects in Grenada |
4.2.2 Growing demand for renewable energy sources driving the need for medium voltage cables and accessories |
4.2.3 Government initiatives promoting industrial growth and electrification |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the cost of production |
4.3.2 Lack of skilled labor for installation and maintenance of medium voltage cables |
4.3.3 Economic instability impacting investment decisions in the market |
5 Grenada Medium Voltage Cables & Accessories Market Trends |
6 Grenada Medium Voltage Cables & Accessories Market Segmentations |
6.1 Grenada Medium Voltage Cables & Accessories Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By Overhead, 2021-2031F |
6.1.3 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By Underground, 2021-2031F |
6.1.4 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By Submarine, 2021-2031F |
6.2 Grenada Medium Voltage Cables & Accessories Market, By Products |
6.2.1 Overview and Analysis |
6.2.2 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By MI, 2021-2031F |
6.2.3 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By XLPE Cables, 2021-2031F |
6.2.4 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By Terminations, 2021-2031F |
6.2.5 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By Joints, 2021-2031F |
6.3 Grenada Medium Voltage Cables & Accessories Market, By Voltage Range |
6.3.1 Overview and Analysis |
6.3.2 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By 1? ??5 kV 17.3, 2021-2031F |
6.3.3 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By 6? ??13 kV 25.6, 2021-2031F |
6.3.4 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By 23 kV 17.4, 2021-2031F |
6.3.5 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By 34 kV 23.6, 2021-2031F |
6.3.6 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By 45 kV 5.4, 2021-2031F |
6.3.7 Grenada Medium Voltage Cables & Accessories Market Revenues & Volume, By 69 kV 10.6, 2021-2031F |
7 Grenada Medium Voltage Cables & Accessories Market Import-Export Trade Statistics |
7.1 Grenada Medium Voltage Cables & Accessories Market Export to Major Countries |
7.2 Grenada Medium Voltage Cables & Accessories Market Imports from Major Countries |
8 Grenada Medium Voltage Cables & Accessories Market Key Performance Indicators |
8.1 Percentage increase in the number of infrastructure projects in Grenada |
8.2 Adoption rate of renewable energy sources in Grenada |
8.3 Government spending on electrification projects |
8.4 Average installation and maintenance time for medium voltage cables |
8.5 Number of skilled professionals certified in medium voltage cable installation and maintenance |
9 Grenada Medium Voltage Cables & Accessories Market - Opportunity Assessment |
9.1 Grenada Medium Voltage Cables & Accessories Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.2 Grenada Medium Voltage Cables & Accessories Market Opportunity Assessment, By Products, 2021 & 2031F |
9.3 Grenada Medium Voltage Cables & Accessories Market Opportunity Assessment, By Voltage Range, 2021 & 2031F |
10 Grenada Medium Voltage Cables & Accessories Market - Competitive Landscape |
10.1 Grenada Medium Voltage Cables & Accessories Market Revenue Share, By Companies, 2024 |
10.2 Grenada Medium Voltage Cables & Accessories 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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