| Product Code: ETC5782993 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely on key suppliers such as the USA, Hong Kong, UK, China, and Spain for shunt reactor imports, indicating a stable supply chain. Despite a high Herfindahl-Hirschman Index (HHI) reflecting market concentration, the industry experienced a negative compound annual growth rate (CAGR) of -8.31% from 2020 to 2024. However, there was a positive growth rate of 7.06% from 2023 to 2024, suggesting potential market recovery and future opportunities for the shunt reactor import sector in Grenada.
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 Shunt Reactor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Shunt Reactor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Shunt Reactor Market - Industry Life Cycle |
3.4 Grenada Shunt Reactor Market - Porter's Five Forces |
3.5 Grenada Shunt Reactor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Shunt Reactor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Shunt Reactor Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Shunt Reactor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for electricity and expanding power infrastructure in Grenada |
4.2.2 Government initiatives to improve power quality and grid stability |
4.2.3 Increasing focus on renewable energy integration, leading to the need for shunt reactors |
4.3 Market Restraints |
4.3.1 High initial investment cost for installing shunt reactors |
4.3.2 Lack of skilled workforce for installation and maintenance of shunt reactors |
4.3.3 Regulatory challenges and environmental concerns related to shunt reactor installation |
5 Grenada Shunt Reactor Market Trends |
6 Grenada Shunt Reactor Market Segmentations |
6.1 Grenada Shunt Reactor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Shunt Reactor Market Revenues & Volume, By Oil-Immersed , 2021-2031F |
6.1.3 Grenada Shunt Reactor Market Revenues & Volume, By Air-Core, 2021-2031F |
6.2 Grenada Shunt Reactor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Shunt Reactor Market Revenues & Volume, By Variable Reactors , 2021-2031F |
6.2.3 Grenada Shunt Reactor Market Revenues & Volume, By Fixed Reactors, 2021-2031F |
6.3 Grenada Shunt Reactor Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Shunt Reactor Market Revenues & Volume, By Electrical Utilities , 2021-2031F |
6.3.3 Grenada Shunt Reactor Market Revenues & Volume, By IndustrialVerticals, 2021-2031F |
7 Grenada Shunt Reactor Market Import-Export Trade Statistics |
7.1 Grenada Shunt Reactor Market Export to Major Countries |
7.2 Grenada Shunt Reactor Market Imports from Major Countries |
8 Grenada Shunt Reactor Market Key Performance Indicators |
8.1 Average capacity utilization rate of shunt reactors in Grenada |
8.2 Number of grid stability incidents mitigated by shunt reactors |
8.3 Percentage growth in renewable energy capacity and its impact on shunt reactor demand |
9 Grenada Shunt Reactor Market - Opportunity Assessment |
9.1 Grenada Shunt Reactor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Shunt Reactor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Shunt Reactor Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Shunt Reactor Market - Competitive Landscape |
10.1 Grenada Shunt Reactor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Shunt Reactor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |