| Product Code: ETC10162726 | 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 import shipments of power electronics modules to Grenada in 2024 saw a significant increase in concentration, with the top exporting countries being the USA, UK, Trinidad and Tobago, China, and Ireland. The Herfindahl-Hirschman Index (HHI) indicated very high concentration levels, reflecting a competitive market. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, there was a notable surge in growth from 2023 to 2024 at a rate of 19.11%. This suggests a dynamic and evolving market landscape for power electronics modules 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 Power Electronics Module Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Power Electronics Module Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Power Electronics Module Market - Industry Life Cycle |
3.4 Grenada Power Electronics Module Market - Porter's Five Forces |
3.5 Grenada Power Electronics Module Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Power Electronics Module Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Power Electronics Module Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Grenada Power Electronics Module Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Power Electronics Module Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of electric vehicles and renewable energy sources driving the demand for power electronics modules. |
4.2.2 Technological advancements in power electronics leading to improved efficiency and performance of modules. |
4.2.3 Growing focus on energy efficiency and power conservation in various industries boosting the demand for power electronics modules. |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing power electronics modules in systems. |
4.3.2 Lack of skilled workforce for designing and integrating complex power electronics solutions. |
4.3.3 Regulatory challenges and compliance requirements impacting the adoption of power electronics modules in Grenada. |
5 Grenada Power Electronics Module Market Trends |
6 Grenada Power Electronics Module Market, By Types |
6.1 Grenada Power Electronics Module Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Power Electronics Module Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Power Electronics Module Market Revenues & Volume, By Standard Modules, 2021 - 2031F |
6.1.4 Grenada Power Electronics Module Market Revenues & Volume, By Customized Modules, 2021 - 2031F |
6.1.5 Grenada Power Electronics Module Market Revenues & Volume, By Intelligent Power Modules (IPM), 2021 - 2031F |
6.1.6 Grenada Power Electronics Module Market Revenues & Volume, By High-Power Modules, 2021 - 2031F |
6.2 Grenada Power Electronics Module Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Power Electronics Module Market Revenues & Volume, By Motor Drives, 2021 - 2031F |
6.2.3 Grenada Power Electronics Module Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.2.4 Grenada Power Electronics Module Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.2.5 Grenada Power Electronics Module Market Revenues & Volume, By Rail Transport, 2021 - 2031F |
6.3 Grenada Power Electronics Module Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Grenada Power Electronics Module Market Revenues & Volume, By Silicon, 2021 - 2031F |
6.3.3 Grenada Power Electronics Module Market Revenues & Volume, By GaN, 2021 - 2031F |
6.3.4 Grenada Power Electronics Module Market Revenues & Volume, By SiC, 2021 - 2031F |
6.3.5 Grenada Power Electronics Module Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.4 Grenada Power Electronics Module Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Power Electronics Module Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.4.3 Grenada Power Electronics Module Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.4.4 Grenada Power Electronics Module Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.5 Grenada Power Electronics Module Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
7 Grenada Power Electronics Module Market Import-Export Trade Statistics |
7.1 Grenada Power Electronics Module Market Export to Major Countries |
7.2 Grenada Power Electronics Module Market Imports from Major Countries |
8 Grenada Power Electronics Module Market Key Performance Indicators |
8.1 Efficiency improvement percentage in power electronics modules. |
8.2 Number of new product innovations and technological advancements in the market. |
8.3 Adoption rate of power electronics modules in key industries in Grenada. |
8.4 Percentage increase in research and development spending by key players in the market. |
8.5 Number of collaborations and partnerships for technology integration and market expansion. |
9 Grenada Power Electronics Module Market - Opportunity Assessment |
9.1 Grenada Power Electronics Module Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Power Electronics Module Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Power Electronics Module Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Grenada Power Electronics Module Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Power Electronics Module Market - Competitive Landscape |
10.1 Grenada Power Electronics Module Market Revenue Share, By Companies, 2024 |
10.2 Grenada Power Electronics Module 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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