| Product Code: ETC12687526 | 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 |
The import shipments of medium voltage motors to Grenada have shown significant growth, with a high concentration of imports from the USA, China, UK, Puerto Rico, and Trinidad and Tobago in 2024. The Herfindahl-Hirschman Index (HHI) indicates a very high concentration of imports in 2024 compared to 2023. The compound annual growth rate (CAGR) from 2020 to 2024 is impressive at 25.67%, with a notable growth rate of 56.0% in 2024 alone. This data suggests a thriving market for medium voltage motors in Grenada, driven by key exporting countries and strong growth trends.
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 Motors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Medium Voltage Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Medium Voltage Motors Market - Industry Life Cycle |
3.4 Grenada Medium Voltage Motors Market - Porter's Five Forces |
3.5 Grenada Medium Voltage Motors Market Revenues & Volume Share, By Voltage Range, 2021 & 2031F |
3.6 Grenada Medium Voltage Motors Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Grenada Medium Voltage Motors Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Medium Voltage Motors Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Grenada Medium Voltage Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in Grenada leading to higher demand for medium voltage motors. |
4.2.2 Growing focus on energy efficiency and sustainability, driving the adoption of energy-efficient medium voltage motors. |
4.2.3 Government initiatives and regulations promoting the use of medium voltage motors in various sectors. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with medium voltage motors. |
4.3.2 Limited technical expertise and skilled workforce for installation and maintenance. |
4.3.3 Fluctuating raw material prices impacting the manufacturing cost of medium voltage motors. |
5 Grenada Medium Voltage Motors Market Trends |
6 Grenada Medium Voltage Motors Market, By Types |
6.1 Grenada Medium Voltage Motors Market, By Voltage Range |
6.1.1 Overview and Analysis |
6.1.2 Grenada Medium Voltage Motors Market Revenues & Volume, By Voltage Range, 2021 - 2031F |
6.1.3 Grenada Medium Voltage Motors Market Revenues & Volume, By 1 kV to 6 kV, 2021 - 2031F |
6.1.4 Grenada Medium Voltage Motors Market Revenues & Volume, By 6 kV to 15 kV, 2021 - 2031F |
6.1.5 Grenada Medium Voltage Motors Market Revenues & Volume, By 15 kV to 30 kV, 2021 - 2031F |
6.1.6 Grenada Medium Voltage Motors Market Revenues & Volume, By Above 30 kV, 2021 - 2031F |
6.2 Grenada Medium Voltage Motors Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Grenada Medium Voltage Motors Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.3 Grenada Medium Voltage Motors Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Grenada Medium Voltage Motors Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.5 Grenada Medium Voltage Motors Market Revenues & Volume, By Utilities, 2021 - 2031F |
6.3 Grenada Medium Voltage Motors Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Medium Voltage Motors Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.3.3 Grenada Medium Voltage Motors Market Revenues & Volume, By Oil and Gas, 2021 - 2031F |
6.3.4 Grenada Medium Voltage Motors Market Revenues & Volume, By Mining, 2021 - 2031F |
6.3.5 Grenada Medium Voltage Motors Market Revenues & Volume, By Water Treatment, 2021 - 2031F |
6.4 Grenada Medium Voltage Motors Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Medium Voltage Motors Market Revenues & Volume, By Squirrel Cage Motors, 2021 - 2031F |
6.4.3 Grenada Medium Voltage Motors Market Revenues & Volume, By Slip Ring Motors, 2021 - 2031F |
6.4.4 Grenada Medium Voltage Motors Market Revenues & Volume, By Permanent Magnet Motors, 2021 - 2031F |
6.4.5 Grenada Medium Voltage Motors Market Revenues & Volume, By Explosion-Proof Motors, 2021 - 2031F |
7 Grenada Medium Voltage Motors Market Import-Export Trade Statistics |
7.1 Grenada Medium Voltage Motors Market Export to Major Countries |
7.2 Grenada Medium Voltage Motors Market Imports from Major Countries |
8 Grenada Medium Voltage Motors Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of medium voltage motors in Grenada. |
8.3 Percentage of medium voltage motors complying with government energy efficiency standards in Grenada. |
9 Grenada Medium Voltage Motors Market - Opportunity Assessment |
9.1 Grenada Medium Voltage Motors Market Opportunity Assessment, By Voltage Range, 2021 & 2031F |
9.2 Grenada Medium Voltage Motors Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Grenada Medium Voltage Motors Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Medium Voltage Motors Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Grenada Medium Voltage Motors Market - Competitive Landscape |
10.1 Grenada Medium Voltage Motors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Medium Voltage 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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