| Product Code: ETC10826086 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada continued to rely on key suppliers such as the USA, Trinidad and Tobago, Panama, China, and Puerto Rico for smart grid sensors imports. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a healthy CAGR of 10.4% over the period 2020-2024. The market concentration, as measured by HHI, remained high in 2024, indicating a competitive landscape dominated by these key exporting countries. Grenada`s smart grid sector is likely to benefit from the technological advancements and innovations brought in by these top 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 Smart Grid Sensors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Grid Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Grid Sensors Market - Industry Life Cycle |
3.4 Grenada Smart Grid Sensors Market - Porter's Five Forces |
3.5 Grenada Smart Grid Sensors Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 Grenada Smart Grid Sensors Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Grenada Smart Grid Sensors Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.8 Grenada Smart Grid Sensors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Smart Grid Sensors Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Smart Grid Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Smart Grid Sensors Market Trends |
6 Grenada Smart Grid Sensors Market, By Types |
6.1 Grenada Smart Grid Sensors Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Grid Sensors Market Revenues & Volume, By Sensor Type, 2021 - 2031F |
6.1.3 Grenada Smart Grid Sensors Market Revenues & Volume, By Voltage Sensors, 2021 - 2031F |
6.1.4 Grenada Smart Grid Sensors Market Revenues & Volume, By Current Sensors, 2021 - 2031F |
6.1.5 Grenada Smart Grid Sensors Market Revenues & Volume, By Temperature Sensors, 2021 - 2031F |
6.1.6 Grenada Smart Grid Sensors Market Revenues & Volume, By PMU Sensors, 2021 - 2031F |
6.1.7 Grenada Smart Grid Sensors Market Revenues & Volume, By Optical Sensors, 2021 - 2031F |
6.2 Grenada Smart Grid Sensors Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Grid Sensors Market Revenues & Volume, By IoT Enabled, 2021 - 2031F |
6.2.3 Grenada Smart Grid Sensors Market Revenues & Volume, By Wi-Fi Connected, 2021 - 2031F |
6.2.4 Grenada Smart Grid Sensors Market Revenues & Volume, By LoRaWAN Connected, 2021 - 2031F |
6.2.5 Grenada Smart Grid Sensors Market Revenues & Volume, By Cloud-Integrated, 2021 - 2031F |
6.2.6 Grenada Smart Grid Sensors Market Revenues & Volume, By Blockchain Security, 2021 - 2031F |
6.3 Grenada Smart Grid Sensors Market, By Functionality |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Grid Sensors Market Revenues & Volume, By Load Balancing, 2021 - 2031F |
6.3.3 Grenada Smart Grid Sensors Market Revenues & Volume, By Outage Detection, 2021 - 2031F |
6.3.4 Grenada Smart Grid Sensors Market Revenues & Volume, By Fault Detection, 2021 - 2031F |
6.3.5 Grenada Smart Grid Sensors Market Revenues & Volume, By Demand Response, 2021 - 2031F |
6.3.6 Grenada Smart Grid Sensors Market Revenues & Volume, By Voltage Monitoring, 2021 - 2031F |
6.4 Grenada Smart Grid Sensors Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Smart Grid Sensors Market Revenues & Volume, By Power Transmission, 2021 - 2031F |
6.4.3 Grenada Smart Grid Sensors Market Revenues & Volume, By Power Distribution, 2021 - 2031F |
6.4.4 Grenada Smart Grid Sensors Market Revenues & Volume, By Smart Metering, 2021 - 2031F |
6.4.5 Grenada Smart Grid Sensors Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.4.6 Grenada Smart Grid Sensors Market Revenues & Volume, By Grid Optimization, 2021 - 2031F |
6.5 Grenada Smart Grid Sensors Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Smart Grid Sensors Market Revenues & Volume, By Energy Providers, 2021 - 2031F |
6.5.3 Grenada Smart Grid Sensors Market Revenues & Volume, By Government Agencies, 2021 - 2031F |
6.5.4 Grenada Smart Grid Sensors Market Revenues & Volume, By Industrial Plants, 2021 - 2031F |
6.5.5 Grenada Smart Grid Sensors Market Revenues & Volume, By Commercial Buildings, 2021 - 2031F |
6.5.6 Grenada Smart Grid Sensors Market Revenues & Volume, By Residential Areas, 2021 - 2031F |
7 Grenada Smart Grid Sensors Market Import-Export Trade Statistics |
7.1 Grenada Smart Grid Sensors Market Export to Major Countries |
7.2 Grenada Smart Grid Sensors Market Imports from Major Countries |
8 Grenada Smart Grid Sensors Market Key Performance Indicators |
9 Grenada Smart Grid Sensors Market - Opportunity Assessment |
9.1 Grenada Smart Grid Sensors Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 Grenada Smart Grid Sensors Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Grenada Smart Grid Sensors Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.4 Grenada Smart Grid Sensors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Smart Grid Sensors Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Smart Grid Sensors Market - Competitive Landscape |
10.1 Grenada Smart Grid Sensors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Grid Sensors 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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