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

Market Forecast By Component Type (Conductors, Insulators, Transformers, Circuit Breakers, Arrestors), By Material Used (Copper, Ceramic, Aluminum, Composite, Polymeric), By Application (Overhead Transmission, Underground Transmission, Smart Grid, Renewable Integration, Grid Modernization), By End Use (Utilities, Industrial, Commercial, Residential, Others) And Competitive Landscape
Product Code: ETC10168486 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 Transmission Component Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to rely on imports of power transmission components, with top exporters including the USA, UK, Marshall Islands, Japan, and Trinidad and Tobago. The market remained highly concentrated, reflecting a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 20.72%, with a notable growth rate of 19.42% from 2023 to 2024. This data suggests a robust and growing demand for power transmission components in Grenada, with key suppliers maintaining their positions in the market.

Key Highlights of the Report:

  • Grenada Power Transmission Component Market Outlook
  • Market Size of Grenada Power Transmission Component Market,2024
  • Forecast of Grenada Power Transmission Component Market, 2031
  • Historical Data and Forecast of Grenada Power Transmission Component Revenues & Volume for the Period 2021-2031
  • Grenada Power Transmission Component Market Trend Evolution
  • Grenada Power Transmission Component Market Drivers and Challenges
  • Grenada Power Transmission Component Price Trends
  • Grenada Power Transmission Component Porter's Five Forces
  • Grenada Power Transmission Component Industry Life Cycle
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Component Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Conductors for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Insulators for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Transformers for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Circuit Breakers for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Arrestors for the Period 2021 - 2029
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Material Used for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Copper for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Ceramic for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Aluminum for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Composite for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Polymeric for the Period 2021 - 2029
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Overhead Transmission for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Underground Transmission for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Smart Grid for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Renewable Integration for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Grid Modernization for the Period 2021 - 2029
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Utilities for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Grenada Power Transmission Component Market Revenues & Volume By Others for the Period 2021 - 2029
  • Grenada Power Transmission Component Import Export Trade Statistics
  • Market Opportunity Assessment By Component Type
  • Market Opportunity Assessment By Material Used
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End Use
  • Grenada Power Transmission Component Top Companies Market Share
  • Grenada Power Transmission Component Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Power Transmission Component Company Profiles
  • Grenada Power Transmission Component Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Power Transmission Component 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 Transmission Component 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 Transmission Component Market Overview

3.1 Grenada Country Macro Economic Indicators

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

3.3 Grenada Power Transmission Component Market - Industry Life Cycle

3.4 Grenada Power Transmission Component Market - Porter's Five Forces

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

3.6 Grenada Power Transmission Component Market Revenues & Volume Share, By Material Used, 2021 & 2031F

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

3.8 Grenada Power Transmission Component Market Revenues & Volume Share, By End Use, 2021 & 2031F

4 Grenada Power Transmission Component Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for electricity in Grenada

4.2.2 Government initiatives to upgrade and modernize the power transmission infrastructure

4.2.3 Growth in renewable energy projects in the country

4.3 Market Restraints

4.3.1 Limited financial resources for infrastructure development

4.3.2 Delays in project approvals and implementation

4.3.3 Dependency on imported components leading to supply chain disruptions

5 Grenada Power Transmission Component Market Trends

6 Grenada Power Transmission Component Market, By Types

6.1 Grenada Power Transmission Component Market, By Component Type

6.1.1 Overview and Analysis

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

6.1.3 Grenada Power Transmission Component Market Revenues & Volume, By Conductors, 2021 - 2031F

6.1.4 Grenada Power Transmission Component Market Revenues & Volume, By Insulators, 2021 - 2031F

6.1.5 Grenada Power Transmission Component Market Revenues & Volume, By Transformers, 2021 - 2031F

6.1.6 Grenada Power Transmission Component Market Revenues & Volume, By Circuit Breakers, 2021 - 2031F

6.1.7 Grenada Power Transmission Component Market Revenues & Volume, By Arrestors, 2021 - 2031F

6.2 Grenada Power Transmission Component Market, By Material Used

6.2.1 Overview and Analysis

6.2.2 Grenada Power Transmission Component Market Revenues & Volume, By Copper, 2021 - 2031F

6.2.3 Grenada Power Transmission Component Market Revenues & Volume, By Ceramic, 2021 - 2031F

6.2.4 Grenada Power Transmission Component Market Revenues & Volume, By Aluminum, 2021 - 2031F

6.2.5 Grenada Power Transmission Component Market Revenues & Volume, By Composite, 2021 - 2031F

6.2.6 Grenada Power Transmission Component Market Revenues & Volume, By Polymeric, 2021 - 2031F

6.3 Grenada Power Transmission Component Market, By Application

6.3.1 Overview and Analysis

6.3.2 Grenada Power Transmission Component Market Revenues & Volume, By Overhead Transmission, 2021 - 2031F

6.3.3 Grenada Power Transmission Component Market Revenues & Volume, By Underground Transmission, 2021 - 2031F

6.3.4 Grenada Power Transmission Component Market Revenues & Volume, By Smart Grid, 2021 - 2031F

6.3.5 Grenada Power Transmission Component Market Revenues & Volume, By Renewable Integration, 2021 - 2031F

6.3.6 Grenada Power Transmission Component Market Revenues & Volume, By Grid Modernization, 2021 - 2031F

6.4 Grenada Power Transmission Component Market, By End Use

6.4.1 Overview and Analysis

6.4.2 Grenada Power Transmission Component Market Revenues & Volume, By Utilities, 2021 - 2031F

6.4.3 Grenada Power Transmission Component Market Revenues & Volume, By Industrial, 2021 - 2031F

6.4.4 Grenada Power Transmission Component Market Revenues & Volume, By Commercial, 2021 - 2031F

6.4.5 Grenada Power Transmission Component Market Revenues & Volume, By Residential, 2021 - 2031F

6.4.6 Grenada Power Transmission Component Market Revenues & Volume, By Others, 2021 - 2031F

7 Grenada Power Transmission Component Market Import-Export Trade Statistics

7.1 Grenada Power Transmission Component Market Export to Major Countries

7.2 Grenada Power Transmission Component Market Imports from Major Countries

8 Grenada Power Transmission Component Market Key Performance Indicators

8.1 Average age of power transmission components in Grenada

8.2 Investment in power transmission infrastructure projects

8.3 Percentage of renewable energy sources in the power generation mix

9 Grenada Power Transmission Component Market - Opportunity Assessment

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

9.2 Grenada Power Transmission Component Market Opportunity Assessment, By Material Used, 2021 & 2031F

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

9.4 Grenada Power Transmission Component Market Opportunity Assessment, By End Use, 2021 & 2031F

10 Grenada Power Transmission Component Market - Competitive Landscape

10.1 Grenada Power Transmission Component Market Revenue Share, By Companies, 2024

10.2 Grenada Power Transmission Component 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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