| Product Code: ETC5768629 | 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 pad-mounted transformers to Grenada in 2024 saw a significant increase in growth rate compared to the previous year, with a remarkable 128.89% surge. The top countries exporting to Grenada included the USA, Germany, UK, Panama, and Curaçao, contributing to a high Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) for the period 2020-2024 stood at an impressive 13.78%, indicating a strong and steady influx of these essential electrical equipment into the Grenadian market.
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 Pad-mounted Transformer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pad-mounted Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pad-mounted Transformer Market - Industry Life Cycle |
3.4 Grenada Pad-mounted Transformer Market - Porter's Five Forces |
3.5 Grenada Pad-mounted Transformer Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Grenada Pad-mounted Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.7 Grenada Pad-mounted Transformer Market Revenues & Volume Share, By Rated Power Type, 2021 & 2031F |
3.8 Grenada Pad-mounted Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
4 Grenada Pad-mounted Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in Grenada |
4.2.2 Growing focus on renewable energy sources |
4.2.3 Upgradation and modernization of existing power distribution infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment cost for pad-mounted transformers |
4.3.2 Limited availability of skilled workforce for installation and maintenance |
4.3.3 Regulatory challenges related to grid modernization projects |
5 Grenada Pad-mounted Transformer Market Trends |
6 Grenada Pad-mounted Transformer Market Segmentations |
6.1 Grenada Pad-mounted Transformer Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pad-mounted Transformer Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.3 Grenada Pad-mounted Transformer Market Revenues & Volume, By Commercial, 2021-2031F |
6.1.4 Grenada Pad-mounted Transformer Market Revenues & Volume, By Residential, 2021-2031F |
6.2 Grenada Pad-mounted Transformer Market, By Phase |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pad-mounted Transformer Market Revenues & Volume, By Single , 2021-2031F |
6.2.3 Grenada Pad-mounted Transformer Market Revenues & Volume, By Three, 2021-2031F |
6.3 Grenada Pad-mounted Transformer Market, By Rated Power Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Pad-mounted Transformer Market Revenues & Volume, By > 1 MVA, 2021-2031F |
6.3.3 Grenada Pad-mounted Transformer Market Revenues & Volume, By |
6.4 Grenada Pad-mounted Transformer Market, By Insulation |
6.4.1 Overview and Analysis |
6.4.2 Grenada Pad-mounted Transformer Market Revenues & Volume, By Dry-type, 2021-2031F |
6.4.3 Grenada Pad-mounted Transformer Market Revenues & Volume, By Liquid-immersed, 2021-2031F |
7 Grenada Pad-mounted Transformer Market Import-Export Trade Statistics |
7.1 Grenada Pad-mounted Transformer Market Export to Major Countries |
7.2 Grenada Pad-mounted Transformer Market Imports from Major Countries |
8 Grenada Pad-mounted Transformer Market Key Performance Indicators |
8.1 Average age of pad-mounted transformers in Grenada |
8.2 Percentage of electricity generated from renewable sources in the country |
8.3 Number of grid modernization projects initiated |
8.4 Rate of adoption of smart grid technologies |
9 Grenada Pad-mounted Transformer Market - Opportunity Assessment |
9.1 Grenada Pad-mounted Transformer Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Grenada Pad-mounted Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.3 Grenada Pad-mounted Transformer Market Opportunity Assessment, By Rated Power Type, 2021 & 2031F |
9.4 Grenada Pad-mounted Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
10 Grenada Pad-mounted Transformer Market - Competitive Landscape |
10.1 Grenada Pad-mounted Transformer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pad-mounted Transformer 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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