| Product Code: ETC5771023 | 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 |
Grenada`s smart water metering import shipments in 2024 continued to see a significant influx from key exporters such as Metropolitan France, USA, UK, Spain, and South Africa. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a strong Compound Annual Growth Rate (CAGR) of 6.34% from 2020 to 2024. The impressive growth rate of 302.49% from 2023 to 2024 suggests a rapidly expanding market for smart water metering technology in 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 Water Metering Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Water Metering Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Water Metering Market - Industry Life Cycle |
3.4 Grenada Smart Water Metering Market - Porter's Five Forces |
3.5 Grenada Smart Water Metering Market Revenues & Volume Share, By Meter Type, 2021 & 2031F |
3.6 Grenada Smart Water Metering Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Smart Water Metering Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Grenada Smart Water Metering Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Grenada Smart Water Metering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing emphasis on water conservation and efficient water management practices in Grenada |
4.2.2 Government initiatives to modernize water infrastructure and improve water resource management |
4.2.3 Growing awareness about the benefits of smart water metering in reducing water wastage and enhancing operational efficiency |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with deploying smart water metering systems |
4.3.2 Limited technical expertise and resources for implementing and maintaining smart water metering solutions in Grenada |
4.3.3 Resistance to change and traditional mindset towards water metering practices |
5 Grenada Smart Water Metering Market Trends |
6 Grenada Smart Water Metering Market Segmentations |
6.1 Grenada Smart Water Metering Market, By Meter Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Water Metering Market Revenues & Volume, By Ultrasonic, 2021-2031F |
6.1.3 Grenada Smart Water Metering Market Revenues & Volume, By Electromagnetic, 2021-2031F |
6.1.4 Grenada Smart Water Metering Market Revenues & Volume, By Smart Mechanical, 2021-2031F |
6.2 Grenada Smart Water Metering Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Water Metering Market Revenues & Volume, By Water Utilities, 2021-2031F |
6.2.3 Grenada Smart Water Metering Market Revenues & Volume, By Industries, 2021-2031F |
6.3 Grenada Smart Water Metering Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Water Metering Market Revenues & Volume, By AMI, 2021-2031F |
6.3.3 Grenada Smart Water Metering Market Revenues & Volume, By AMR, 2021-2031F |
6.4 Grenada Smart Water Metering Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 Grenada Smart Water Metering Market Revenues & Volume, By Meter & Accessories, 2021-2031F |
6.4.3 Grenada Smart Water Metering Market Revenues & Volume, By IT Solutions, 2021-2031F |
6.4.4 Grenada Smart Water Metering Market Revenues & Volume, By Communications, 2021-2031F |
7 Grenada Smart Water Metering Market Import-Export Trade Statistics |
7.1 Grenada Smart Water Metering Market Export to Major Countries |
7.2 Grenada Smart Water Metering Market Imports from Major Countries |
8 Grenada Smart Water Metering Market Key Performance Indicators |
8.1 Percentage increase in water conservation and efficiency achieved through smart water metering |
8.2 Reduction in water wastage and non-revenue water through smart metering implementation |
8.3 Improvement in overall water infrastructure performance and reliability with the adoption of smart water metering technology |
9 Grenada Smart Water Metering Market - Opportunity Assessment |
9.1 Grenada Smart Water Metering Market Opportunity Assessment, By Meter Type, 2021 & 2031F |
9.2 Grenada Smart Water Metering Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Smart Water Metering Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Grenada Smart Water Metering Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Grenada Smart Water Metering Market - Competitive Landscape |
10.1 Grenada Smart Water Metering Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Water Metering 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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