| Product Code: ETC4647192 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Grenada market for outdoor LED lighting imports continues to show strong growth, with a notable increase in concentration among top exporting countries in 2024. The USA, UK, China, Spain, and Germany are key players in supplying these products to Grenada. The high Herfindahl-Hirschman Index (HHI) concentration levels indicate a competitive market. With a remarkable Compound Annual Growth Rate (CAGR) of 21.98% from 2020 to 2024 and a rapid growth rate of 55.79% from 2023 to 2024, the future looks promising for the outdoor LED lighting market 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 Outdoor LED Lighting Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Outdoor LED Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Outdoor LED Lighting Market - Industry Life Cycle |
3.4 Grenada Outdoor LED Lighting Market - Porter's Five Forces |
3.5 Grenada Outdoor LED Lighting Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.6 Grenada Outdoor LED Lighting Market Revenues & Volume Share, By Wattage Type, 2021 & 2031F |
4 Grenada Outdoor LED Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Outdoor LED Lighting Market Trends |
6 Grenada Outdoor LED Lighting Market Segmentations |
6.1 Grenada Outdoor LED Lighting Market, By Installation Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Outdoor LED Lighting Market Revenues & Volume, By New, 2021-2031F |
6.1.3 Grenada Outdoor LED Lighting Market Revenues & Volume, By Retrofit, 2021-2031F |
6.2 Grenada Outdoor LED Lighting Market, By Wattage Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Outdoor LED Lighting Market Revenues & Volume, By Less than 50W, 2021-2031F |
6.2.3 Grenada Outdoor LED Lighting Market Revenues & Volume, By 50W to 100W, 2021-2031F |
6.2.4 Grenada Outdoor LED Lighting Market Revenues & Volume, By More than 100W, 2021-2031F |
7 Grenada Outdoor LED Lighting Market Import-Export Trade Statistics |
7.1 Grenada Outdoor LED Lighting Market Export to Major Countries |
7.2 Grenada Outdoor LED Lighting Market Imports from Major Countries |
8 Grenada Outdoor LED Lighting Market Key Performance Indicators |
9 Grenada Outdoor LED Lighting Market - Opportunity Assessment |
9.1 Grenada Outdoor LED Lighting Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.2 Grenada Outdoor LED Lighting Market Opportunity Assessment, By Wattage Type, 2021 & 2031F |
10 Grenada Outdoor LED Lighting Market - Competitive Landscape |
10.1 Grenada Outdoor LED Lighting Market Revenue Share, By Companies, 2024 |
10.2 Grenada Outdoor LED Lighting 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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