| Product Code: ETC5209782 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely on key countries such as the USA, Italy, Trinidad and Tobago, China, and the UAE for refrigeration compressor imports. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 13.1% from 2020 to 2024 highlights a growing demand for these products. However, the negative growth rate of -14.31% in 2024 suggests a recent decline, signaling potential shifts in market dynamics and the need for further analysis to understand the reasons behind this downturn.
In the North America region, the Refrigeration Compressor market in Grenada is projected to expand at a stable growth rate of 1.52% by 2027. The largest economy is United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Refrigeration Compressor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Refrigeration Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Refrigeration Compressor Market - Industry Life Cycle |
3.4 Grenada Refrigeration Compressor Market - Porter's Five Forces |
3.5 Grenada Refrigeration Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Refrigeration Compressor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Refrigeration Compressor Market Revenues & Volume Share, By Used, 2021 & 2031F |
3.8 Grenada Refrigeration Compressor Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Grenada Refrigeration Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient refrigeration solutions |
4.2.2 Growing adoption of refrigeration systems in commercial and industrial sectors |
4.2.3 Technological advancements leading to the development of more efficient and reliable refrigeration compressors |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing and installing refrigeration compressors |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
4.3.3 Stringent regulations and standards related to environmental impact and energy efficiency of refrigeration systems |
5 Grenada Refrigeration Compressor Market Trends |
6 Grenada Refrigeration Compressor Market Segmentations |
6.1 Grenada Refrigeration Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Refrigeration Compressor Market Revenues & Volume, By Reciprocating Compressor, 2021-2031F |
6.1.3 Grenada Refrigeration Compressor Market Revenues & Volume, By Screw Compressor, 2021-2031F |
6.1.4 Grenada Refrigeration Compressor Market Revenues & Volume, By Centrifugal Compressor, 2021-2031F |
6.1.5 Grenada Refrigeration Compressor Market Revenues & Volume, By Rotary Compressor, 2021-2031F |
6.1.6 Grenada Refrigeration Compressor Market Revenues & Volume, By Scroll Compressor, 2021-2031F |
6.1.7 Grenada Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Refrigeration Compressor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Refrigeration Compressor Market Revenues & Volume, By Domestic, 2021-2031F |
6.2.3 Grenada Refrigeration Compressor Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 Grenada Refrigeration Compressor Market, By Used |
6.3.1 Overview and Analysis |
6.3.2 Grenada Refrigeration Compressor Market Revenues & Volume, By Co2, 2021-2031F |
6.3.3 Grenada Refrigeration Compressor Market Revenues & Volume, By R290, 2021-2031F |
6.3.4 Grenada Refrigeration Compressor Market Revenues & Volume, By R410a, 2021-2031F |
6.3.5 Grenada Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Refrigeration Compressor Market, By Industry |
6.4.1 Overview and Analysis |
6.4.2 Grenada Refrigeration Compressor Market Revenues & Volume, By Food And Beverages, 2021-2031F |
6.4.3 Grenada Refrigeration Compressor Market Revenues & Volume, By Logistics And Transportation, 2021-2031F |
6.4.4 Grenada Refrigeration Compressor Market Revenues & Volume, By Chemical, 2021-2031F |
6.4.5 Grenada Refrigeration Compressor Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4.6 Grenada Refrigeration Compressor Market Revenues & Volume, By Automobile, 2021-2031F |
6.4.7 Grenada Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Refrigeration Compressor Market Import-Export Trade Statistics |
7.1 Grenada Refrigeration Compressor Market Export to Major Countries |
7.2 Grenada Refrigeration Compressor Market Imports from Major Countries |
8 Grenada Refrigeration Compressor Market Key Performance Indicators |
8.1 Energy efficiency rating of refrigeration compressors in the market |
8.2 Adoption rate of advanced refrigeration technologies in Grenada |
8.3 Number of new product innovations and technological advancements in refrigeration compressors |
8.4 Maintenance and service cost trends for refrigeration compressors in Grenada |
9 Grenada Refrigeration Compressor Market - Opportunity Assessment |
9.1 Grenada Refrigeration Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Refrigeration Compressor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Refrigeration Compressor Market Opportunity Assessment, By Used, 2021 & 2031F |
9.4 Grenada Refrigeration Compressor Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Grenada Refrigeration Compressor Market - Competitive Landscape |
10.1 Grenada Refrigeration Compressor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Refrigeration Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |