| Product Code: ETC7374959 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of mini split air conditioning systems, with the top exporting countries being the USA, China, Jamaica, Trinidad and Tobago, and the UK. Despite a high concentration of market share, the overall growth rate experienced a significant decline of -48.12% in 2024. However, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a moderate 2.14%, indicating steady albeit slower expansion in the market. The market dynamics suggest a need for strategic adjustments to navigate through the challenges and capitalize on growth opportunities 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 Mini Split Air Conditioning Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mini Split Air Conditioning Systems Market - Industry Life Cycle |
3.4 Grenada Mini Split Air Conditioning Systems Market - Porter's Five Forces |
3.5 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.6 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume Share, By Cooling Power, 2021 & 2031F |
3.8 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.9 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Mini Split Air Conditioning Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Mini Split Air Conditioning Systems Market Trends |
6 Grenada Mini Split Air Conditioning Systems Market, By Types |
6.1 Grenada Mini Split Air Conditioning Systems Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Installation, 2021- 2031F |
6.1.3 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Wall Mount, 2021- 2031F |
6.1.4 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Ceiling Mount, 2021- 2031F |
6.1.5 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Free Standing, 2021- 2031F |
6.2 Grenada Mini Split Air Conditioning Systems Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Less than 1 Ton, 2021- 2031F |
6.2.3 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By 1 to 2 Ton, 2021- 2031F |
6.2.4 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By 2 to 3 Ton, 2021- 2031F |
6.2.5 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By More than 3 Tons, 2021- 2031F |
6.3 Grenada Mini Split Air Conditioning Systems Market, By Cooling Power |
6.3.1 Overview and Analysis |
6.3.2 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Up to 12,000 BTU, 2021- 2031F |
6.3.3 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By 12,000 to 24,000 BTU, 2021- 2031F |
6.3.4 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By 24,000 to 36,000 BTU, 2021- 2031F |
6.3.5 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Above 36,000 BTU, 2021- 2031F |
6.4 Grenada Mini Split Air Conditioning Systems Market, By Price |
6.4.1 Overview and Analysis |
6.4.2 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Low, 2021- 2031F |
6.4.3 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Medium, 2021- 2031F |
6.4.4 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By High, 2021- 2031F |
6.5 Grenada Mini Split Air Conditioning Systems Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Grenada Mini Split Air Conditioning Systems Market Revenues & Volume, By Offline, 2021- 2031F |
7 Grenada Mini Split Air Conditioning Systems Market Import-Export Trade Statistics |
7.1 Grenada Mini Split Air Conditioning Systems Market Export to Major Countries |
7.2 Grenada Mini Split Air Conditioning Systems Market Imports from Major Countries |
8 Grenada Mini Split Air Conditioning Systems Market Key Performance Indicators |
9 Grenada Mini Split Air Conditioning Systems Market - Opportunity Assessment |
9.1 Grenada Mini Split Air Conditioning Systems Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.2 Grenada Mini Split Air Conditioning Systems Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Grenada Mini Split Air Conditioning Systems Market Opportunity Assessment, By Cooling Power, 2021 & 2031F |
9.4 Grenada Mini Split Air Conditioning Systems Market Opportunity Assessment, By Price, 2021 & 2031F |
9.5 Grenada Mini Split Air Conditioning Systems Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Mini Split Air Conditioning Systems Market - Competitive Landscape |
10.1 Grenada Mini Split Air Conditioning Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mini Split Air Conditioning Systems 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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