| Product Code: ETC10400614 | 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`s reciprocating engine import shipments in 2024 saw a notable increase in concentration among top exporting countries, with the USA, Trinidad and Tobago, Japan, UAE, and the UK leading the way. Despite a challenging CAGR of -19.4% from 2020 to 2024, the industry experienced a positive growth rate of 15.01% from 2023 to 2024. The high concentration levels in 2023 persisted in 2024, indicating a competitive market landscape. The continued interest from major exporting countries suggests a promising outlook for Grenada`s reciprocating engine imports in the coming years.
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 Reciprocating Engine Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Reciprocating Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Reciprocating Engine Market - Industry Life Cycle |
3.4 Grenada Reciprocating Engine Market - Porter's Five Forces |
3.5 Grenada Reciprocating Engine Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Grenada Reciprocating Engine Market Revenues & Volume Share, By Rated Power, 2021 & 2031F |
3.7 Grenada Reciprocating Engine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Reciprocating Engine Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Grenada Reciprocating Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable power sources in Grenada |
4.2.2 Growth in construction and infrastructure development projects in the region |
4.2.3 Focus on renewable energy sources driving interest in reciprocating engines |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs of reciprocating engines |
4.3.2 Competition from alternative power generation technologies |
4.3.3 Regulatory challenges and environmental concerns |
5 Grenada Reciprocating Engine Market Trends |
6 Grenada Reciprocating Engine Market, By Types |
6.1 Grenada Reciprocating Engine Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Reciprocating Engine Market Revenues & Volume, By Fuel Type, 2021 - 2031F |
6.1.3 Grenada Reciprocating Engine Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.1.4 Grenada Reciprocating Engine Market Revenues & Volume, By Gasoline, 2021 - 2031F |
6.1.5 Grenada Reciprocating Engine Market Revenues & Volume, By Natural Gas, 2021 - 2031F |
6.1.6 Grenada Reciprocating Engine Market Revenues & Volume, By Biodiesel, 2021 - 2031F |
6.2 Grenada Reciprocating Engine Market, By Rated Power |
6.2.1 Overview and Analysis |
6.2.2 Grenada Reciprocating Engine Market Revenues & Volume, By Below 2 MW, 2021 - 2031F |
6.2.3 Grenada Reciprocating Engine Market Revenues & Volume, By 2 MW - 5 MW, 2021 - 2031F |
6.2.4 Grenada Reciprocating Engine Market Revenues & Volume, By Above 5 MW, 2021 - 2031F |
6.3 Grenada Reciprocating Engine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Reciprocating Engine Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.3.3 Grenada Reciprocating Engine Market Revenues & Volume, By Mechanical Drive, 2021 - 2031F |
6.3.4 Grenada Reciprocating Engine Market Revenues & Volume, By Marine Propulsion, 2021 - 2031F |
6.3.5 Grenada Reciprocating Engine Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.4 Grenada Reciprocating Engine Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Reciprocating Engine Market Revenues & Volume, By Energy & Utilities, 2021 - 2031F |
6.4.3 Grenada Reciprocating Engine Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.4.4 Grenada Reciprocating Engine Market Revenues & Volume, By Marine, 2021 - 2031F |
6.4.5 Grenada Reciprocating Engine Market Revenues & Volume, By Transportation, 2021 - 2031F |
7 Grenada Reciprocating Engine Market Import-Export Trade Statistics |
7.1 Grenada Reciprocating Engine Market Export to Major Countries |
7.2 Grenada Reciprocating Engine Market Imports from Major Countries |
8 Grenada Reciprocating Engine Market Key Performance Indicators |
8.1 Average utilization rate of reciprocating engines in Grenada |
8.2 Percentage of renewable energy sources integrated with reciprocating engines |
8.3 Number of new construction projects utilizing reciprocating engines |
8.4 Efficiency improvement rate of reciprocating engines |
8.5 Adoption rate of reciprocating engines in key industries in Grenada |
9 Grenada Reciprocating Engine Market - Opportunity Assessment |
9.1 Grenada Reciprocating Engine Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Grenada Reciprocating Engine Market Opportunity Assessment, By Rated Power, 2021 & 2031F |
9.3 Grenada Reciprocating Engine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Reciprocating Engine Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Grenada Reciprocating Engine Market - Competitive Landscape |
10.1 Grenada Reciprocating Engine Market Revenue Share, By Companies, 2024 |
10.2 Grenada Reciprocating Engine 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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