| Product Code: ETC7378700 | 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 |
In 2024, Grenada continued to rely heavily on imports of power meters, with the top exporting countries being the USA, Costa Rica, UK, Trinidad and Tobago, and China. Despite a high concentration of imports, the market experienced a negative compound annual growth rate (CAGR) of -3.96% from 2020 to 2024. However, there was a significant growth spike in 2024, with a growth rate of 264.46% compared to the previous year. This suggests potential shifts and opportunities in the power meter market in Grenada, warranting further analysis and monitoring.
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 Meter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Power Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Power Meter Market - Industry Life Cycle |
3.4 Grenada Power Meter Market - Porter's Five Forces |
3.5 Grenada Power Meter Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Power Meter Market Revenues & Volume Share, By Readout, 2021 & 2031F |
3.7 Grenada Power Meter Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.8 Grenada Power Meter Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.9 Grenada Power Meter Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
3.10 Grenada Power Meter Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.11 Grenada Power Meter Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Power Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Power Meter Market Trends |
6 Grenada Power Meter Market, By Types |
6.1 Grenada Power Meter Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Power Meter Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Power Meter Market Revenues & Volume, By Analog Meter, 2021- 2031F |
6.1.4 Grenada Power Meter Market Revenues & Volume, By Digital Meter, 2021- 2031F |
6.1.5 Grenada Power Meter Market Revenues & Volume, By Multi-function Meter, 2021- 2031F |
6.2 Grenada Power Meter Market, By Readout |
6.2.1 Overview and Analysis |
6.2.2 Grenada Power Meter Market Revenues & Volume, By Analog, 2021- 2031F |
6.2.3 Grenada Power Meter Market Revenues & Volume, By Digital, 2021- 2031F |
6.3 Grenada Power Meter Market, By Phase |
6.3.1 Overview and Analysis |
6.3.2 Grenada Power Meter Market Revenues & Volume, By AC, 2021- 2031F |
6.3.3 Grenada Power Meter Market Revenues & Volume, By DC, 2021- 2031F |
6.4 Grenada Power Meter Market, By Voltage |
6.4.1 Overview and Analysis |
6.4.2 Grenada Power Meter Market Revenues & Volume, By Low voltage, 2021- 2031F |
6.4.3 Grenada Power Meter Market Revenues & Volume, By Medium Voltage, 2021- 2031F |
6.4.4 Grenada Power Meter Market Revenues & Volume, By High Voltage, 2021- 2031F |
6.5 Grenada Power Meter Market, By Mounting Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada Power Meter Market Revenues & Volume, By DIN Rail Mount, 2021- 2031F |
6.5.3 Grenada Power Meter Market Revenues & Volume, By Panel Mount, 2021- 2031F |
6.6 Grenada Power Meter Market, By Functionality |
6.6.1 Overview and Analysis |
6.6.2 Grenada Power Meter Market Revenues & Volume, By Standalone, 2021- 2031F |
6.6.3 Grenada Power Meter Market Revenues & Volume, By Embedded, 2021- 2031F |
6.6.4 Grenada Power Meter Market Revenues & Volume, By Multi-circuit, 2021- 2031F |
6.7 Grenada Power Meter Market, By End-use |
6.7.1 Overview and Analysis |
6.7.2 Grenada Power Meter Market Revenues & Volume, By Residential, 2021- 2031F |
6.7.3 Grenada Power Meter Market Revenues & Volume, By Commercial, 2021- 2031F |
6.7.4 Grenada Power Meter Market Revenues & Volume, By , 2021- 2031F |
7 Grenada Power Meter Market Import-Export Trade Statistics |
7.1 Grenada Power Meter Market Export to Major Countries |
7.2 Grenada Power Meter Market Imports from Major Countries |
8 Grenada Power Meter Market Key Performance Indicators |
9 Grenada Power Meter Market - Opportunity Assessment |
9.1 Grenada Power Meter Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Power Meter Market Opportunity Assessment, By Readout, 2021 & 2031F |
9.3 Grenada Power Meter Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.4 Grenada Power Meter Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.5 Grenada Power Meter Market Opportunity Assessment, By Mounting Type, 2021 & 2031F |
9.6 Grenada Power Meter Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.7 Grenada Power Meter Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Power Meter Market - Competitive Landscape |
10.1 Grenada Power Meter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Power Meter 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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