| Product Code: ETC10280614 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Grenada solar landscape lighting import market continues to see robust growth in 2024, with top exporting countries being Panama, USA, China, Trinidad and Tobago, and South Korea. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive compound annual growth rate (CAGR) of 44.39% from 2020-2024 demonstrates the strong demand for solar lighting solutions in Grenada. Additionally, the growth rate of 31.58% from 2023-2024 highlights the sustained momentum in the market, positioning it for further expansion and opportunities in the coming years.
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 Solar Landscape Lighting Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Solar Landscape Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Solar Landscape Lighting Market - Industry Life Cycle |
3.4 Grenada Solar Landscape Lighting Market - Porter's Five Forces |
3.5 Grenada Solar Landscape Lighting Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Solar Landscape Lighting Market Revenues & Volume Share, By Light Source, 2021 & 2031F |
3.7 Grenada Solar Landscape Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Solar Landscape Lighting Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Solar Landscape Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of renewable energy sources in Grenada |
4.2.2 Government incentives and policies promoting the use of solar energy |
4.2.3 Growing demand for eco-friendly and energy-efficient outdoor lighting solutions |
4.3 Market Restraints |
4.3.1 High initial installation costs of solar landscape lighting systems |
4.3.2 Limited availability of skilled labor for installation and maintenance |
4.3.3 Unpredictable weather conditions affecting the efficiency of solar panels |
5 Grenada Solar Landscape Lighting Market Trends |
6 Grenada Solar Landscape Lighting Market, By Types |
6.1 Grenada Solar Landscape Lighting Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Solar Landscape Lighting Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Solar Landscape Lighting Market Revenues & Volume, By Pathway Lights, 2021 - 2031F |
6.1.4 Grenada Solar Landscape Lighting Market Revenues & Volume, By Spotlights, 2021 - 2031F |
6.1.5 Grenada Solar Landscape Lighting Market Revenues & Volume, By Floodlights, 2021 - 2031F |
6.1.6 Grenada Solar Landscape Lighting Market Revenues & Volume, By Deck Lights, 2021 - 2031F |
6.1.7 Grenada Solar Landscape Lighting Market Revenues & Volume, By Step Lights, 2021 - 2031F |
6.2 Grenada Solar Landscape Lighting Market, By Light Source |
6.2.1 Overview and Analysis |
6.2.2 Grenada Solar Landscape Lighting Market Revenues & Volume, By LED, 2021 - 2031F |
6.2.3 Grenada Solar Landscape Lighting Market Revenues & Volume, By CFL, 2021 - 2031F |
6.2.4 Grenada Solar Landscape Lighting Market Revenues & Volume, By Halogen, 2021 - 2031F |
6.2.5 Grenada Solar Landscape Lighting Market Revenues & Volume, By Solar Powered, 2021 - 2031F |
6.2.6 Grenada Solar Landscape Lighting Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Solar Landscape Lighting Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Solar Landscape Lighting Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Grenada Solar Landscape Lighting Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Grenada Solar Landscape Lighting Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Grenada Solar Landscape Lighting Market Revenues & Volume, By Public Infrastructure, 2021 - 2031F |
6.3.6 Grenada Solar Landscape Lighting Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Solar Landscape Lighting Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Solar Landscape Lighting Market Revenues & Volume, By Gardens, 2021 - 2031F |
6.4.3 Grenada Solar Landscape Lighting Market Revenues & Volume, By Parks, 2021 - 2031F |
6.4.4 Grenada Solar Landscape Lighting Market Revenues & Volume, By Streets, 2021 - 2031F |
6.4.5 Grenada Solar Landscape Lighting Market Revenues & Volume, By Walkways, 2021 - 2031F |
6.4.6 Grenada Solar Landscape Lighting Market Revenues & Volume, By Driveways, 2021 - 2031F |
7 Grenada Solar Landscape Lighting Market Import-Export Trade Statistics |
7.1 Grenada Solar Landscape Lighting Market Export to Major Countries |
7.2 Grenada Solar Landscape Lighting Market Imports from Major Countries |
8 Grenada Solar Landscape Lighting Market Key Performance Indicators |
8.1 Average daily sunlight hours in Grenada |
8.2 Number of government subsidies or incentives for solar landscape lighting installations |
8.3 Adoption rate of solar energy in residential and commercial sectors in Grenada |
9 Grenada Solar Landscape Lighting Market - Opportunity Assessment |
9.1 Grenada Solar Landscape Lighting Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Solar Landscape Lighting Market Opportunity Assessment, By Light Source, 2021 & 2031F |
9.3 Grenada Solar Landscape Lighting Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Solar Landscape Lighting Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Solar Landscape Lighting Market - Competitive Landscape |
10.1 Grenada Solar Landscape Lighting Market Revenue Share, By Companies, 2024 |
10.2 Grenada Solar Landscape Lighting 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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