Grenada Power Generation Equipment Market (2025-2031) | Trends, Investment Trends, Analysis, Segments, Industry, Restraints, Consumer Insights, Strategic Insights, Value, Size, Growth, Segmentation, Drivers, Strategy, Competitive, Competition, Companies, Opportunities, Forecast, Outlook, Revenue, Challenges, Share, Pricing Analysis, Supply, Demand

Market Forecast By Type (Generators, Turbines, Transformers, Switchgear), By Power Source (Diesel, Gas, Solar, Wind), By Capacity (Small Scale, Medium Scale, Large Scale, Ultra Large Scale), By End Use (Industrial, Utilities, Data Centers, Commercial) And Competitive Landscape
Product Code: ETC10163302 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

Grenada Power Generation Equipment Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continues to rely on power generation equipment imports from key countries such as USA, UK, Trinidad and Tobago, China, and the Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 12.69% from 2020 to 2024 highlights a robust industry expansion. Moreover, the exceptional growth rate of 92.51% from 2023 to 2024 suggests a surge in demand for power generation equipment in Grenada, signaling potential opportunities for exporters in the market.

Key Highlights of the Report:

  • Grenada Power Generation Equipment Market Outlook
  • Market Size of Grenada Power Generation Equipment Market,2024
  • Forecast of Grenada Power Generation Equipment Market, 2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Revenues & Volume for the Period 2021-2031
  • Grenada Power Generation Equipment Market Trend Evolution
  • Grenada Power Generation Equipment Market Drivers and Challenges
  • Grenada Power Generation Equipment Price Trends
  • Grenada Power Generation Equipment Porter's Five Forces
  • Grenada Power Generation Equipment Industry Life Cycle
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Generators for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Turbines for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Transformers for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Switchgear for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Power Source for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Diesel for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Gas for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Solar for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Wind for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Capacity for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Small Scale for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Medium Scale for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Large Scale for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Ultra Large Scale for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Utilities for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Data Centers for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Generation Equipment Market Revenues & Volume By Commercial for the Period 2021-2031
  • Grenada Power Generation Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Power Source
  • Market Opportunity Assessment By Capacity
  • Market Opportunity Assessment By End Use
  • Grenada Power Generation Equipment Top Companies Market Share
  • Grenada Power Generation Equipment Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Power Generation Equipment Company Profiles
  • Grenada Power Generation Equipment Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Power Generation Equipment Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Power Generation Equipment Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Generation Equipment Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Power Generation Equipment Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Power Generation Equipment Market - Industry Life Cycle

3.4 Grenada Power Generation Equipment Market - Porter's Five Forces

3.5 Grenada Power Generation Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Power Generation Equipment Market Revenues & Volume Share, By Power Source, 2021 & 2031F

3.7 Grenada Power Generation Equipment Market Revenues & Volume Share, By Capacity, 2021 & 2031F

3.8 Grenada Power Generation Equipment Market Revenues & Volume Share, By End Use, 2021 & 2031F

4 Grenada Power Generation Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for reliable and efficient power supply in Grenada

4.2.2 Government initiatives to promote renewable energy sources

4.2.3 Growth in industrial and commercial sectors driving the need for power generation equipment

4.3 Market Restraints

4.3.1 High initial investment costs associated with power generation equipment

4.3.2 Dependence on imported equipment leading to supply chain disruptions

4.3.3 Regulatory challenges and policy uncertainties affecting market growth

5 Grenada Power Generation Equipment Market Trends

6 Grenada Power Generation Equipment Market, By Types

6.1 Grenada Power Generation Equipment Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Power Generation Equipment Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 Grenada Power Generation Equipment Market Revenues & Volume, By Generators, 2021 - 2031F

6.1.4 Grenada Power Generation Equipment Market Revenues & Volume, By Turbines, 2021 - 2031F

6.1.5 Grenada Power Generation Equipment Market Revenues & Volume, By Transformers, 2021 - 2031F

6.1.6 Grenada Power Generation Equipment Market Revenues & Volume, By Switchgear, 2021 - 2031F

6.2 Grenada Power Generation Equipment Market, By Power Source

6.2.1 Overview and Analysis

6.2.2 Grenada Power Generation Equipment Market Revenues & Volume, By Diesel, 2021 - 2031F

6.2.3 Grenada Power Generation Equipment Market Revenues & Volume, By Gas, 2021 - 2031F

6.2.4 Grenada Power Generation Equipment Market Revenues & Volume, By Solar, 2021 - 2031F

6.2.5 Grenada Power Generation Equipment Market Revenues & Volume, By Wind, 2021 - 2031F

6.3 Grenada Power Generation Equipment Market, By Capacity

6.3.1 Overview and Analysis

6.3.2 Grenada Power Generation Equipment Market Revenues & Volume, By Small Scale, 2021 - 2031F

6.3.3 Grenada Power Generation Equipment Market Revenues & Volume, By Medium Scale, 2021 - 2031F

6.3.4 Grenada Power Generation Equipment Market Revenues & Volume, By Large Scale, 2021 - 2031F

6.3.5 Grenada Power Generation Equipment Market Revenues & Volume, By Ultra Large Scale, 2021 - 2031F

6.4 Grenada Power Generation Equipment Market, By End Use

6.4.1 Overview and Analysis

6.4.2 Grenada Power Generation Equipment Market Revenues & Volume, By Industrial, 2021 - 2031F

6.4.3 Grenada Power Generation Equipment Market Revenues & Volume, By Utilities, 2021 - 2031F

6.4.4 Grenada Power Generation Equipment Market Revenues & Volume, By Data Centers, 2021 - 2031F

6.4.5 Grenada Power Generation Equipment Market Revenues & Volume, By Commercial, 2021 - 2031F

7 Grenada Power Generation Equipment Market Import-Export Trade Statistics

7.1 Grenada Power Generation Equipment Market Export to Major Countries

7.2 Grenada Power Generation Equipment Market Imports from Major Countries

8 Grenada Power Generation Equipment Market Key Performance Indicators

8.1 Percentage of electricity generated from renewable sources in Grenada

8.2 Number of government contracts awarded for power generation projects

8.3 Capacity utilization rate of power generation equipment in Grenada

9 Grenada Power Generation Equipment Market - Opportunity Assessment

9.1 Grenada Power Generation Equipment Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Power Generation Equipment Market Opportunity Assessment, By Power Source, 2021 & 2031F

9.3 Grenada Power Generation Equipment Market Opportunity Assessment, By Capacity, 2021 & 2031F

9.4 Grenada Power Generation Equipment Market Opportunity Assessment, By End Use, 2021 & 2031F

10 Grenada Power Generation Equipment Market - Competitive Landscape

10.1 Grenada Power Generation Equipment Market Revenue Share, By Companies, 2024

10.2 Grenada Power Generation Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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