| Product Code: ETC10157542 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The market for power electronics for EVs in Grenada saw a significant increase in concentration levels in 2024, indicating a more dominant presence of top exporting countries like the USA, UK, Trinidad and Tobago, China, and Ireland. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the sector experienced a notable growth spurt with a 19.11% increase from 2023 to 2024. This suggests a strengthening demand for power electronics for EVs in Grenada, potentially driven by advancements in technology and sustainability initiatives.
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 Electronics for EVs Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Power Electronics for EVs Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Power Electronics for EVs Market - Industry Life Cycle |
3.4 Grenada Power Electronics for EVs Market - Porter's Five Forces |
3.5 Grenada Power Electronics for EVs Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Power Electronics for EVs Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Grenada Power Electronics for EVs Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Grenada Power Electronics for EVs Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Power Electronics for EVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles globally |
4.2.2 Government initiatives and regulations promoting the adoption of electric vehicles |
4.2.3 Technological advancements in power electronics for electric vehicles |
4.3 Market Restraints |
4.3.1 High initial investment costs for power electronics in electric vehicles |
4.3.2 Limited charging infrastructure for electric vehicles |
4.3.3 Supply chain disruptions affecting the production of power electronics for electric vehicles |
5 Grenada Power Electronics for EVs Market Trends |
6 Grenada Power Electronics for EVs Market, By Types |
6.1 Grenada Power Electronics for EVs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Power Electronics for EVs Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Power Electronics for EVs Market Revenues & Volume, By Inverter, 2021 - 2031F |
6.1.4 Grenada Power Electronics for EVs Market Revenues & Volume, By Converter, 2021 - 2031F |
6.1.5 Grenada Power Electronics for EVs Market Revenues & Volume, By Onboard Charger, 2021 - 2031F |
6.1.6 Grenada Power Electronics for EVs Market Revenues & Volume, By Power Modules, 2021 - 2031F |
6.2 Grenada Power Electronics for EVs Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Power Electronics for EVs Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021 - 2031F |
6.2.3 Grenada Power Electronics for EVs Market Revenues & Volume, By Plug-in Hybrid (PHEV), 2021 - 2031F |
6.2.4 Grenada Power Electronics for EVs Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021 - 2031F |
6.2.5 Grenada Power Electronics for EVs Market Revenues & Volume, By Fuel Cell Electric Vehicle (FCEV), 2021 - 2031F |
6.3 Grenada Power Electronics for EVs Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Grenada Power Electronics for EVs Market Revenues & Volume, By Power Module, 2021 - 2031F |
6.3.3 Grenada Power Electronics for EVs Market Revenues & Volume, By Power IC, 2021 - 2031F |
6.3.4 Grenada Power Electronics for EVs Market Revenues & Volume, By Discrete Devices, 2021 - 2031F |
6.3.5 Grenada Power Electronics for EVs Market Revenues & Volume, By Sensors, 2021 - 2031F |
6.4 Grenada Power Electronics for EVs Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Power Electronics for EVs Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.4.3 Grenada Power Electronics for EVs Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.4.4 Grenada Power Electronics for EVs Market Revenues & Volume, By Public Transport, 2021 - 2031F |
6.4.5 Grenada Power Electronics for EVs Market Revenues & Volume, By Industrial Vehicles, 2021 - 2031F |
7 Grenada Power Electronics for EVs Market Import-Export Trade Statistics |
7.1 Grenada Power Electronics for EVs Market Export to Major Countries |
7.2 Grenada Power Electronics for EVs Market Imports from Major Countries |
8 Grenada Power Electronics for EVs Market Key Performance Indicators |
8.1 Average efficiency improvement percentage of Grenada power electronics for EVs |
8.2 Percentage increase in the adoption rate of electric vehicles in key markets |
8.3 Average time to market for new power electronics solutions for electric vehicles |
8.4 Research and development investment ratio in Grenada's power electronics for EVs |
8.5 Percentage reduction in production costs for power electronics in electric vehicles |
9 Grenada Power Electronics for EVs Market - Opportunity Assessment |
9.1 Grenada Power Electronics for EVs Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Power Electronics for EVs Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Grenada Power Electronics for EVs Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Grenada Power Electronics for EVs Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Power Electronics for EVs Market - Competitive Landscape |
10.1 Grenada Power Electronics for EVs Market Revenue Share, By Companies, 2024 |
10.2 Grenada Power Electronics for EVs 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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