| Product Code: ETC4958944 | 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 |
The Grenada smart thermostat import market continues to see strong growth in 2024 with top exporting countries including Netherlands, USA, Trinidad and Tobago, Italy, and UAE. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 52.91% from 2020 to 2024 underscores the increasing demand for smart thermostats in Grenada. The growth rate of 45.63% from 2023 to 2024 suggests sustained momentum in the market, making it an attractive opportunity for manufacturers and exporters.
The Smart Thermostat market in Grenada is projected to grow at a negative growth rate of -0.19% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Thermostat Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Thermostat Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Thermostat Market - Industry Life Cycle |
3.4 Grenada Smart Thermostat Market - Porter's Five Forces |
3.5 Grenada Smart Thermostat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Smart Thermostat Market Revenues & Volume Share, By End-User Vertical, 2021 & 2031F |
4 Grenada Smart Thermostat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Smart Thermostat Market Trends |
6 Grenada Smart Thermostat Market Segmentations |
6.1 Grenada Smart Thermostat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Thermostat Market Revenues & Volume, By Wireless, 2021-2031F |
6.1.3 Grenada Smart Thermostat Market Revenues & Volume, By Wireless, 2021-2031F |
6.2 Grenada Smart Thermostat Market, By End-User Vertical |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Thermostat Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Smart Thermostat Market Revenues & Volume, By Commercial, 2021-2031F |
7 Grenada Smart Thermostat Market Import-Export Trade Statistics |
7.1 Grenada Smart Thermostat Market Export to Major Countries |
7.2 Grenada Smart Thermostat Market Imports from Major Countries |
8 Grenada Smart Thermostat Market Key Performance Indicators |
9 Grenada Smart Thermostat Market - Opportunity Assessment |
9.1 Grenada Smart Thermostat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Smart Thermostat Market Opportunity Assessment, By End-User Vertical, 2021 & 2031F |
10 Grenada Smart Thermostat Market - Competitive Landscape |
10.1 Grenada Smart Thermostat Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Thermostat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |