| Product Code: ETC5536012 | 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 heavily on imports of smart gas, with significant shipments coming from top exporters such as the USA, Netherlands, China, Italy, and other areas. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024, the market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The sharp decline in growth rate from 2023 to 2024 highlights potential challenges or shifts in the smart gas import market for 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 Smart Gas Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Gas Market - Industry Life Cycle |
3.4 Grenada Smart Gas Market - Porter's Five Forces |
3.5 Grenada Smart Gas Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Smart Gas Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Smart Gas Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Grenada Smart Gas Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Smart Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in Grenada |
4.2.2 Government initiatives promoting smart city projects |
4.2.3 Growing awareness about environmental sustainability and carbon footprint reduction |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with smart gas infrastructure |
4.3.2 Lack of skilled workforce to implement and maintain smart gas systems |
4.3.3 Regulatory challenges and compliance issues in the energy sector |
5 Grenada Smart Gas Market Trends |
6 Grenada Smart Gas Market Segmentations |
6.1 Grenada Smart Gas Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Gas Market Revenues & Volume, By Automated Meter Reading (AMR), 2021-2031F |
6.1.3 Grenada Smart Gas Market Revenues & Volume, By Advanced Metering Infrastructure (AMI), 2021-2031F |
6.2 Grenada Smart Gas Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Gas Market Revenues & Volume, By Smart Ultrasonic Gas Meter, 2021-2031F |
6.2.3 Grenada Smart Gas Market Revenues & Volume, By Smart Diaphragm Gas Meter, 2021-2031F |
6.2.4 Grenada Smart Gas Market Revenues & Volume, By & Managed, 2021-2031F |
6.3 Grenada Smart Gas Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Gas Market Revenues & Volume, By Hardware, 2021-2031F |
6.3.3 Grenada Smart Gas Market Revenues & Volume, By Software, 2021-2031F |
6.4 Grenada Smart Gas Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Smart Gas Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Grenada Smart Gas Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Grenada Smart Gas Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Smart Gas Market Import-Export Trade Statistics |
7.1 Grenada Smart Gas Market Export to Major Countries |
7.2 Grenada Smart Gas Market Imports from Major Countries |
8 Grenada Smart Gas Market Key Performance Indicators |
8.1 Percentage increase in the number of smart gas installations in Grenada |
8.2 Average energy savings achieved by adopting smart gas solutions |
8.3 Reduction in carbon emissions attributed to the use of smart gas technology |
8.4 Rate of adoption of smart gas solutions among residential and commercial users |
9 Grenada Smart Gas Market - Opportunity Assessment |
9.1 Grenada Smart Gas Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Smart Gas Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Smart Gas Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Grenada Smart Gas Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Smart Gas Market - Competitive Landscape |
10.1 Grenada Smart Gas Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Gas 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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