Grenada Smart meter Market (2025-2031) | Size, Trends, Industry, Segmentation, Share, Outlook, Revenue, Growth, Analysis, Value, Companies & Forecast

Market Forecast By Type (Electric, Gas, Water), By Communication Type (RF, PLC, Cellular), By Component Type (Hardware, Software), By Technology Type (AMI, AMR), By End-User (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC4762636 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

Grenada Smart Meter Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to rely on key exporters like the USA, Costa Rica, UK, Trinidad and Tobago, and China for its smart meter imports. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a negative compound annual growth rate (CAGR) of -3.96% from 2020 to 2024. However, there was a significant growth spurt in 2024 with a growth rate of 264.46% compared to the previous year. This surge indicates a potential shift or a specific factor influencing the smart meter import market in Grenada.

Smart meter Market: Grenada vs Top 5 Major Economies in 2027 (North America)


In the North America region, the Smart meter market in Grenada is projected to expand at a negative growth rate of -2.00% by 2027. The largest economy is United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

Smart meter Market: Grenada vs Top 5 Major Economies in 2027 (North America)

Key Highlights of the Report:

  • Grenada Smart meter Market Outlook
  • Market Size of Grenada Smart meter Market, 2024
  • Forecast of Grenada Smart meter Market, 2031
  • Historical Data and Forecast of Grenada Smart meter Revenues & Volume for the Period 2021-2031
  • Grenada Smart meter Market Trend Evolution
  • Grenada Smart meter Market Drivers and Challenges
  • Grenada Smart meter Price Trends
  • Grenada Smart meter Porter`s Five Forces
  • Grenada Smart meter Industry Life Cycle
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Electric for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Gas for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Water for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Communication Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By RF for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By PLC for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Cellular for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Component Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Hardware for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Software for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Technology Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By AMI for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By AMR for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By End-User for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Grenada Smart meter Market Revenues & Volume By Industrial for the Period 2021-2031
  • Grenada Smart meter Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Communication Type
  • Market Opportunity Assessment By Component Type
  • Market Opportunity Assessment By Technology Type
  • Market Opportunity Assessment By End-User
  • Grenada Smart meter Top Companies Market Share
  • Grenada Smart meter Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Smart meter Company Profiles
  • Grenada Smart meter Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Smart meter Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Smart meter Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 meter Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Smart meter Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Smart meter Market - Industry Life Cycle

3.4 Grenada Smart meter Market - Porter's Five Forces

3.5 Grenada Smart meter Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Smart meter Market Revenues & Volume Share, By Communication Type, 2021 & 2031F

3.7 Grenada Smart meter Market Revenues & Volume Share, By Component Type, 2021 & 2031F

3.8 Grenada Smart meter Market Revenues & Volume Share, By Technology Type, 2021 & 2031F

3.9 Grenada Smart meter Market Revenues & Volume Share, By End-User, 2021 & 2031F

4 Grenada Smart meter Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Smart meter Market Trends

6 Grenada Smart meter Market Segmentations

6.1 Grenada Smart meter Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Smart meter Market Revenues & Volume, By Electric, 2021-2031F

6.1.3 Grenada Smart meter Market Revenues & Volume, By Gas, 2021-2031F

6.1.4 Grenada Smart meter Market Revenues & Volume, By Water, 2021-2031F

6.2 Grenada Smart meter Market, By Communication Type

6.2.1 Overview and Analysis

6.2.2 Grenada Smart meter Market Revenues & Volume, By RF, 2021-2031F

6.2.3 Grenada Smart meter Market Revenues & Volume, By PLC, 2021-2031F

6.2.4 Grenada Smart meter Market Revenues & Volume, By Cellular, 2021-2031F

6.3 Grenada Smart meter Market, By Component Type

6.3.1 Overview and Analysis

6.3.2 Grenada Smart meter Market Revenues & Volume, By Hardware, 2021-2031F

6.3.3 Grenada Smart meter Market Revenues & Volume, By Software, 2021-2031F

6.4 Grenada Smart meter Market, By Technology Type

6.4.1 Overview and Analysis

6.4.2 Grenada Smart meter Market Revenues & Volume, By AMI, 2021-2031F

6.4.3 Grenada Smart meter Market Revenues & Volume, By AMR, 2021-2031F

6.5 Grenada Smart meter Market, By End-User

6.5.1 Overview and Analysis

6.5.2 Grenada Smart meter Market Revenues & Volume, By Residential, 2021-2031F

6.5.3 Grenada Smart meter Market Revenues & Volume, By Commercial, 2021-2031F

6.5.4 Grenada Smart meter Market Revenues & Volume, By Industrial, 2021-2031F

7 Grenada Smart meter Market Import-Export Trade Statistics

7.1 Grenada Smart meter Market Export to Major Countries

7.2 Grenada Smart meter Market Imports from Major Countries

8 Grenada Smart meter Market Key Performance Indicators

9 Grenada Smart meter Market - Opportunity Assessment

9.1 Grenada Smart meter Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Smart meter Market Opportunity Assessment, By Communication Type, 2021 & 2031F

9.3 Grenada Smart meter Market Opportunity Assessment, By Component Type, 2021 & 2031F

9.4 Grenada Smart meter Market Opportunity Assessment, By Technology Type, 2021 & 2031F

9.5 Grenada Smart meter Market Opportunity Assessment, By End-User, 2021 & 2031F

10 Grenada Smart meter Market - Competitive Landscape

10.1 Grenada Smart meter Market Revenue Share, By Companies, 2024

10.2 Grenada Smart meter Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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