| Product Code: ETC7379684 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s residential battery import shipments in 2024 were dominated by key exporting countries such as the USA, Trinidad and Tobago, China, UK, and Canada. The market shows a high concentration with a consistently high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was a strong 9.25%, indicating a steady upward trend. Moreover, the growth rate from 2023 to 2024 spiked to 13.04%, suggesting a potential acceleration in the market`s expansion. Grenada`s residential battery sector is experiencing notable growth and continued reliance on major exporting nations.
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 Residential Battery Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Residential Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Residential Battery Market - Industry Life Cycle |
3.4 Grenada Residential Battery Market - Porter's Five Forces |
3.5 Grenada Residential Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Residential Battery Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Grenada Residential Battery Market Revenues & Volume Share, By Operation, 2021 & 2031F |
4 Grenada Residential Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Residential Battery Market Trends |
6 Grenada Residential Battery Market, By Types |
6.1 Grenada Residential Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Residential Battery Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Residential Battery Market Revenues & Volume, By Lithium-ion Battery, 2021- 2031F |
6.1.4 Grenada Residential Battery Market Revenues & Volume, By Lead-acid Battery, 2021- 2031F |
6.1.5 Grenada Residential Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Residential Battery Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Grenada Residential Battery Market Revenues & Volume, By 3-6 kW, 2021- 2031F |
6.2.3 Grenada Residential Battery Market Revenues & Volume, By 6-10 kW, 2021- 2031F |
6.2.4 Grenada Residential Battery Market Revenues & Volume, By More than 10 kW, 2021- 2031F |
6.3 Grenada Residential Battery Market, By Operation |
6.3.1 Overview and Analysis |
6.3.2 Grenada Residential Battery Market Revenues & Volume, By Standalone, 2021- 2031F |
6.3.3 Grenada Residential Battery Market Revenues & Volume, By Solar, 2021- 2031F |
7 Grenada Residential Battery Market Import-Export Trade Statistics |
7.1 Grenada Residential Battery Market Export to Major Countries |
7.2 Grenada Residential Battery Market Imports from Major Countries |
8 Grenada Residential Battery Market Key Performance Indicators |
9 Grenada Residential Battery Market - Opportunity Assessment |
9.1 Grenada Residential Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Residential Battery Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Grenada Residential Battery Market Opportunity Assessment, By Operation, 2021 & 2031F |
10 Grenada Residential Battery Market - Competitive Landscape |
10.1 Grenada Residential Battery Market Revenue Share, By Companies, 2024 |
10.2 Grenada Residential Battery 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.
To discover high-growth global markets and optimize your business strategy:
Click Here