| Product Code: ETC7378687 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s power equipment import market in 2024 continued to be dominated by top exporters such as the USA, UK, China, Trinidad and Tobago, and Saint Lucia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a remarkable compound annual growth rate (CAGR) of 44.17% from 2020 to 2024, the industry is experiencing rapid expansion. The impressive growth rate of 139.55% in 2024 alone demonstrates the increasing demand for power equipment in Grenada, highlighting potential opportunities for both domestic and international suppliers to capitalize on this thriving 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 Power Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Power Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Power Equipment Market - Industry Life Cycle |
3.4 Grenada Power Equipment Market - Porter's Five Forces |
3.5 Grenada Power Equipment Market Revenues & Volume Share, By Power Generation Source, 2021 & 2031F |
3.6 Grenada Power Equipment Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Power Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Power Equipment Market Trends |
6 Grenada Power Equipment Market, By Types |
6.1 Grenada Power Equipment Market, By Power Generation Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Power Equipment Market Revenues & Volume, By Power Generation Source, 2021- 2031F |
6.1.3 Grenada Power Equipment Market Revenues & Volume, By Fossil Fuels, 2021- 2031F |
6.1.4 Grenada Power Equipment Market Revenues & Volume, By Solar, 2021- 2031F |
6.1.5 Grenada Power Equipment Market Revenues & Volume, By Wind, 2021- 2031F |
6.1.6 Grenada Power Equipment Market Revenues & Volume, By Nuclear, 2021- 2031F |
6.1.7 Grenada Power Equipment Market Revenues & Volume, By Hydro, 2021- 2031F |
6.2 Grenada Power Equipment Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Power Equipment Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Grenada Power Equipment Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 Grenada Power Equipment Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.5 Grenada Power Equipment Market Revenues & Volume, By Utility, 2021- 2031F |
7 Grenada Power Equipment Market Import-Export Trade Statistics |
7.1 Grenada Power Equipment Market Export to Major Countries |
7.2 Grenada Power Equipment Market Imports from Major Countries |
8 Grenada Power Equipment Market Key Performance Indicators |
9 Grenada Power Equipment Market - Opportunity Assessment |
9.1 Grenada Power Equipment Market Opportunity Assessment, By Power Generation Source, 2021 & 2031F |
9.2 Grenada Power Equipment Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Power Equipment Market - Competitive Landscape |
10.1 Grenada Power Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Power Equipment 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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