| Product Code: ETC7380952 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s smart shade devices import market continues to thrive in 2024, with top exporting countries being the USA, UAE, Trinidad and Tobago, China, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among major players. The impressive compound annual growth rate (CAGR) of 14.96% from 2020 to 2024 highlights the increasing demand for smart shade devices in Grenada. Additionally, the 4.99% growth rate in 2024 demonstrates sustained momentum in the market, pointing towards a promising future for smart shade device imports in the country.
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 Shade Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Shade Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Shade Devices Market - Industry Life Cycle |
3.4 Grenada Smart Shade Devices Market - Porter's Five Forces |
3.5 Grenada Smart Shade Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Smart Shade Devices Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Grenada Smart Shade Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Smart Shade Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy conservation and sustainability |
4.2.2 Growing demand for smart home automation systems |
4.2.3 Technological advancements in smart shade devices |
4.3 Market Restraints |
4.3.1 High initial costs associated with smart shade devices |
4.3.2 Limited compatibility with existing infrastructure in older buildings |
4.3.3 Data security and privacy concerns related to smart devices |
5 Grenada Smart Shade Devices Market Trends |
6 Grenada Smart Shade Devices Market, By Types |
6.1 Grenada Smart Shade Devices Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Shade Devices Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Grenada Smart Shade Devices Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.1.4 Grenada Smart Shade Devices Market Revenues & Volume, By Bluetooth and BLE, 2021- 2031F |
6.1.5 Grenada Smart Shade Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Smart Shade Devices Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Shade Devices Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Grenada Smart Shade Devices Market Revenues & Volume, By Offline, 2021- 2031F |
6.3 Grenada Smart Shade Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Shade Devices Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Smart Shade Devices Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Grenada Smart Shade Devices Market Import-Export Trade Statistics |
7.1 Grenada Smart Shade Devices Market Export to Major Countries |
7.2 Grenada Smart Shade Devices Market Imports from Major Countries |
8 Grenada Smart Shade Devices Market Key Performance Indicators |
8.1 Adoption rate of smart shade devices in residential and commercial buildings |
8.2 Energy savings achieved through the use of smart shade devices |
8.3 Customer satisfaction and feedback on the usability and effectiveness of smart shade devices |
9 Grenada Smart Shade Devices Market - Opportunity Assessment |
9.1 Grenada Smart Shade Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Smart Shade Devices Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Grenada Smart Shade Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Smart Shade Devices Market - Competitive Landscape |
10.1 Grenada Smart Shade Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Shade Devices 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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