| Product Code: ETC4646660 | 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 |
Grenada`s power converter import shipments in 2024 saw a significant increase in concentration, with the top exporting countries being the USA, Trinidad and Tobago, UK, China, and Ireland. The market concentration, as measured by the HHI, reached a very high level in 2024. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth rate of 13.08% from 2023 to 2024. This suggests a shifting landscape in the power converter market in Grenada, with key players dominating the import market and potential opportunities for further growth and competition.
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 Power Convertor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Power Convertor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Power Convertor Market - Industry Life Cycle |
3.4 Grenada Power Convertor Market - Porter's Five Forces |
3.5 Grenada Power Convertor Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Grenada Power Convertor Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Power Convertor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Power Convertor Market Trends |
6 Grenada Power Convertor Market Segmentations |
6.1 Grenada Power Convertor Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Grenada Power Convertor Market Revenues & Volume, By Low Voltage Power Converter, 2021-2031F |
6.1.3 Grenada Power Convertor Market Revenues & Volume, By High Voltage Power Converter, 2021-2031F |
6.2 Grenada Power Convertor Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Power Convertor Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.3 Grenada Power Convertor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Grenada Power Convertor Market Revenues & Volume, By Infrastructure & Transportation, 2021-2031F |
6.2.5 Grenada Power Convertor Market Revenues & Volume, By Power Utilities, 2021-2031F |
6.2.6 Grenada Power Convertor Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Power Convertor Market Import-Export Trade Statistics |
7.1 Grenada Power Convertor Market Export to Major Countries |
7.2 Grenada Power Convertor Market Imports from Major Countries |
8 Grenada Power Convertor Market Key Performance Indicators |
9 Grenada Power Convertor Market - Opportunity Assessment |
9.1 Grenada Power Convertor Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Grenada Power Convertor Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Power Convertor Market - Competitive Landscape |
10.1 Grenada Power Convertor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Power Convertor 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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