| Product Code: ETC7377078 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Grenada saw a significant influx of PV monitoring systems imports, with top exporters including the USA, Panama, Puerto Rico, Trinidad and Tobago, and Switzerland. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the industry showed strong growth with a Compound Annual Growth Rate (CAGR) of 13.18% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -19.67%. This data indicates a dynamic market for PV monitoring systems in Grenada, presenting opportunities and challenges for industry players.
| 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 PV Monitoring Systems Market Overview | 
| 3.1 Grenada Country Macro Economic Indicators | 
| 3.2 Grenada PV Monitoring Systems Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Grenada PV Monitoring Systems Market - Industry Life Cycle | 
| 3.4 Grenada PV Monitoring Systems Market - Porter's Five Forces | 
| 3.5 Grenada PV Monitoring Systems Market Revenues & Volume Share, By Product, 2021 & 2031F | 
| 3.6 Grenada PV Monitoring Systems Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Grenada PV Monitoring Systems Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing adoption of solar energy in Grenada | 
| 4.2.2 Government incentives and policies supporting renewable energy projects | 
| 4.2.3 Growing awareness about the benefits of PV monitoring systems | 
| 4.3 Market Restraints | 
| 4.3.1 High initial investment costs for PV monitoring systems | 
| 4.3.2 Limited technical expertise in the installation and maintenance of monitoring systems | 
| 4.3.3 Dependency on external suppliers for components and technology | 
| 5 Grenada PV Monitoring Systems Market Trends | 
| 6 Grenada PV Monitoring Systems Market, By Types | 
| 6.1 Grenada PV Monitoring Systems Market, By Product | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Grenada PV Monitoring Systems Market Revenues & Volume, By Product, 2021- 2031F | 
| 6.1.3 Grenada PV Monitoring Systems Market Revenues & Volume, By Hardware, 2021- 2031F | 
| 6.1.4 Grenada PV Monitoring Systems Market Revenues & Volume, By Software, 2021- 2031F | 
| 6.2 Grenada PV Monitoring Systems Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Grenada PV Monitoring Systems Market Revenues & Volume, By Residential, 2021- 2031F | 
| 6.2.3 Grenada PV Monitoring Systems Market Revenues & Volume, By Commercial, 2021- 2031F | 
| 6.2.4 Grenada PV Monitoring Systems Market Revenues & Volume, By Industrial, 2021- 2031F | 
| 7 Grenada PV Monitoring Systems Market Import-Export Trade Statistics | 
| 7.1 Grenada PV Monitoring Systems Market Export to Major Countries | 
| 7.2 Grenada PV Monitoring Systems Market Imports from Major Countries | 
| 8 Grenada PV Monitoring Systems Market Key Performance Indicators | 
| 8.1 Average system uptime | 
| 8.2 Number of new solar installations in Grenada | 
| 8.3 Efficiency of energy generation from PV systems | 
| 8.4 Rate of adoption of PV monitoring systems | 
| 8.5 Percentage of renewable energy sources in Grenada's energy mix | 
| 9 Grenada PV Monitoring Systems Market - Opportunity Assessment | 
| 9.1 Grenada PV Monitoring Systems Market Opportunity Assessment, By Product, 2021 & 2031F | 
| 9.2 Grenada PV Monitoring Systems Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Grenada PV Monitoring Systems Market - Competitive Landscape | 
| 10.1 Grenada PV Monitoring Systems Market Revenue Share, By Companies, 2024 | 
| 10.2 Grenada PV Monitoring Systems Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |