| Product Code: ETC10246054 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada continued to rely on imports of pyranometers, with top suppliers being the USA, Trinidad and Tobago, China, Hong Kong, and India. The market remained highly concentrated, with the Herfindahl-Hirschman Index (HHI) staying at a very high level. However, the industry experienced a negative Compound Annual Growth Rate (CAGR) of -2.55% from 2020 to 2024, with a further decline in growth rate of -7.88% from 2023 to 2024. This indicates a challenging environment for pyranometer imports in Grenada, possibly influenced by various factors impacting the market dynamics.
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 Pyranometer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pyranometer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pyranometer Market - Industry Life Cycle |
3.4 Grenada Pyranometer Market - Porter's Five Forces |
3.5 Grenada Pyranometer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Pyranometer Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Pyranometer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Pyranometer Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.9 Grenada Pyranometer Market Revenues & Volume Share, By Calibration Standard, 2021 & 2031F |
4 Grenada Pyranometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Pyranometer Market Trends |
6 Grenada Pyranometer Market, By Types |
6.1 Grenada Pyranometer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pyranometer Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Pyranometer Market Revenues & Volume, By Thermopile, 2021 - 2031F |
6.1.4 Grenada Pyranometer Market Revenues & Volume, By Photodiode, 2021 - 2031F |
6.1.5 Grenada Pyranometer Market Revenues & Volume, By Quantum Sensor, 2021 - 2031F |
6.1.6 Grenada Pyranometer Market Revenues & Volume, By MEMS-Based, 2021 - 2031F |
6.1.7 Grenada Pyranometer Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Pyranometer Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pyranometer Market Revenues & Volume, By Passive, 2021 - 2031F |
6.2.3 Grenada Pyranometer Market Revenues & Volume, By Active, 2021 - 2031F |
6.2.4 Grenada Pyranometer Market Revenues & Volume, By Digital, 2021 - 2031F |
6.2.5 Grenada Pyranometer Market Revenues & Volume, By Analog, 2021 - 2031F |
6.2.6 Grenada Pyranometer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Pyranometer Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Pyranometer Market Revenues & Volume, By Solar Energy Monitoring, 2021 - 2031F |
6.3.3 Grenada Pyranometer Market Revenues & Volume, By Meteorology, 2021 - 2031F |
6.3.4 Grenada Pyranometer Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.3.5 Grenada Pyranometer Market Revenues & Volume, By Building Automation, 2021 - 2031F |
6.3.6 Grenada Pyranometer Market Revenues & Volume, By Weather Forecasting, 2021 - 2031F |
6.4 Grenada Pyranometer Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Pyranometer Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.4.3 Grenada Pyranometer Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.4.4 Grenada Pyranometer Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.5 Grenada Pyranometer Market Revenues & Volume, By Research Institutes, 2021 - 2031F |
6.4.6 Grenada Pyranometer Market Revenues & Volume, By Others, 2021 - 2031F |
6.5 Grenada Pyranometer Market, By Calibration Standard |
6.5.1 Overview and Analysis |
6.5.2 Grenada Pyranometer Market Revenues & Volume, By ISO 9060:1990, 2021 - 2031F |
6.5.3 Grenada Pyranometer Market Revenues & Volume, By ISO 9060:2018, 2021 - 2031F |
6.5.4 Grenada Pyranometer Market Revenues & Volume, By WMO Standard, 2021 - 2031F |
6.5.5 Grenada Pyranometer Market Revenues & Volume, By IEC 61215, 2021 - 2031F |
6.5.6 Grenada Pyranometer Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Pyranometer Market Import-Export Trade Statistics |
7.1 Grenada Pyranometer Market Export to Major Countries |
7.2 Grenada Pyranometer Market Imports from Major Countries |
8 Grenada Pyranometer Market Key Performance Indicators |
9 Grenada Pyranometer Market - Opportunity Assessment |
9.1 Grenada Pyranometer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Pyranometer Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Pyranometer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Pyranometer Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.5 Grenada Pyranometer Market Opportunity Assessment, By Calibration Standard, 2021 & 2031F |
10 Grenada Pyranometer Market - Competitive Landscape |
10.1 Grenada Pyranometer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pyranometer 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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