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

Name: Grenada Power Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Power Market, Grenada Power Market, Grenada Power Market Revenues, Grenada Power Market Share, Grenada Power Market Size, Grenada Power Market Outlook, Grenada Power Market Report, Grenada Power Market Competition, Grenada Power Market Overview, Grenada Power Market Trends, Grenada Power Market Forecast

Market Forecast By Type (Renewable Power, Non-Renewable Power, Hybrid Power, Utility Power, Others), By Energy Source (Solar, Coal, Hydro, Wind, Nuclear), By Application (Residential, Industrial, Commercial, Utility, Off-grid), By Technology (Distributed Generation, Smart Grid, Microgrid, Demand Response, Energy Storage) And Competitive Landscape

Product Code: ETC10164070	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 Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s power import market in 2024 saw a significant increase in concentration, with the top countries exporting being the USA, China, Puerto Rico, UK, and Trinidad and Tobago. Despite a high concentration in 2023, the market became even more concentrated in 2024. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 was strong at 10.77%, indicating a growing market. However, there was a notable decline in the growth rate from 2023 to 2024 at -41.88%, suggesting potential shifts or challenges in the market dynamics during that period.

Key Highlights of the Report:

Grenada Power Market Outlook
Market Size of Grenada Power Market,2024
Forecast of Grenada Power Market, 2031
Historical Data and Forecast of Grenada Power Revenues & Volume for the Period 2021-2031
Grenada Power Market Trend Evolution
Grenada Power Market Drivers and Challenges
Grenada Power Price Trends
Grenada Power Porter's Five Forces
Grenada Power Industry Life Cycle
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Renewable Power for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Non-Renewable Power for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Hybrid Power for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Utility Power for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Others for the Period 2021 - 2029
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Energy Source for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Solar for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Coal for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Hydro for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Wind for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Nuclear for the Period 2021 - 2029
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Residential for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Industrial for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Commercial for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Utility for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Off-grid for the Period 2021 - 2029
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Technology for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Distributed Generation for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Smart Grid for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Microgrid for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Demand Response for the Period 2021-2031
Historical Data and Forecast of Grenada Power Market Revenues & Volume By Energy Storage for the Period 2021 - 2029
Grenada Power Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Energy Source
Market Opportunity Assessment By Application
Market Opportunity Assessment By Technology
Grenada Power Top Companies Market Share
Grenada Power Competitive Benchmarking By Technical and Operational Parameters
Grenada Power Company Profiles
Grenada Power Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Market Overview

3.1 Grenada Country Macro Economic Indicators

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

3.3 Grenada Power Market - Industry Life Cycle

3.4 Grenada Power Market - Porter's Five Forces

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

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

3.7 Grenada Power Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Grenada Power Market Revenues & Volume Share, By Technology, 2021 & 2031F

4 Grenada Power Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for electricity due to population growth and economic development in Grenada

4.2.2 Government initiatives to promote renewable energy sources and reduce dependency on fossil fuels

4.2.3 Growth in tourism sector leading to higher energy consumption and infrastructure development

4.3 Market Restraints

4.3.1 Limited domestic energy resources, leading to dependency on imported fuels

4.3.2 Vulnerability to natural disasters such as hurricanes, impacting power infrastructure

4.3.3 High costs associated with upgrading and maintaining power generation and distribution systems

5 Grenada Power Market Trends

6 Grenada Power Market, By Types

6.1 Grenada Power Market, By Type

6.1.1 Overview and Analysis

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

6.1.3 Grenada Power Market Revenues & Volume, By Renewable Power, 2021 - 2031F

6.1.4 Grenada Power Market Revenues & Volume, By Non-Renewable Power, 2021 - 2031F

6.1.5 Grenada Power Market Revenues & Volume, By Hybrid Power, 2021 - 2031F

6.1.6 Grenada Power Market Revenues & Volume, By Utility Power, 2021 - 2031F

6.1.7 Grenada Power Market Revenues & Volume, By Others, 2021 - 2031F

6.2 Grenada Power Market, By Energy Source

6.2.1 Overview and Analysis

6.2.2 Grenada Power Market Revenues & Volume, By Solar, 2021 - 2031F

6.2.3 Grenada Power Market Revenues & Volume, By Coal, 2021 - 2031F

6.2.4 Grenada Power Market Revenues & Volume, By Hydro, 2021 - 2031F

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

6.2.6 Grenada Power Market Revenues & Volume, By Nuclear, 2021 - 2031F

6.3 Grenada Power Market, By Application

6.3.1 Overview and Analysis

6.3.2 Grenada Power Market Revenues & Volume, By Residential, 2021 - 2031F

6.3.3 Grenada Power Market Revenues & Volume, By Industrial, 2021 - 2031F

6.3.4 Grenada Power Market Revenues & Volume, By Commercial, 2021 - 2031F

6.3.5 Grenada Power Market Revenues & Volume, By Utility, 2021 - 2031F

6.3.6 Grenada Power Market Revenues & Volume, By Off-grid, 2021 - 2031F

6.4 Grenada Power Market, By Technology

6.4.1 Overview and Analysis

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

6.4.3 Grenada Power Market Revenues & Volume, By Smart Grid, 2021 - 2031F

6.4.4 Grenada Power Market Revenues & Volume, By Microgrid, 2021 - 2031F

6.4.5 Grenada Power Market Revenues & Volume, By Demand Response, 2021 - 2031F

6.4.6 Grenada Power Market Revenues & Volume, By Energy Storage, 2021 - 2031F

7 Grenada Power Market Import-Export Trade Statistics

7.1 Grenada Power Market Export to Major Countries

7.2 Grenada Power Market Imports from Major Countries

8 Grenada Power Market Key Performance Indicators

8.1 Renewable energy penetration rate in the power mix

8.2 Average electricity consumption per capita

8.3 Investment in energy infrastructure development

8.4 Percentage of electricity generated from locally sourced renewable resources

8.5 Frequency and duration of power outages

9 Grenada Power Market - Opportunity Assessment

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

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

9.3 Grenada Power Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Grenada Power Market Opportunity Assessment, By Technology, 2021 & 2031F

10 Grenada Power Market - Competitive Landscape

10.1 Grenada Power Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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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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