| Product Code: ETC7381151 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw a significant increase in the concentration of solar micro inverter imports, with the top exporting countries being the USA, Trinidad and Tobago, UK, China, and Ireland. This high concentration indicates a strong market presence from these countries. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth rate of 13.08% from 2023 to 2024. This suggests a recent uptick in demand for solar micro inverters in Grenada, potentially driven by increasing awareness of renewable energy solutions.
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 Micro Inverter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Solar Micro Inverter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Solar Micro Inverter Market - Industry Life Cycle |
3.4 Grenada Solar Micro Inverter Market - Porter's Five Forces |
3.5 Grenada Solar Micro Inverter Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Solar Micro Inverter Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Grenada Solar Micro Inverter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Solar Micro Inverter Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Grenada Solar Micro Inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Solar Micro Inverter Market Trends |
6 Grenada Solar Micro Inverter Market, By Types |
6.1 Grenada Solar Micro Inverter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Solar Micro Inverter Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Solar Micro Inverter Market Revenues & Volume, By Single Phase, 2021- 2031F |
6.1.4 Grenada Solar Micro Inverter Market Revenues & Volume, By Three Phase, 2021- 2031F |
6.2 Grenada Solar Micro Inverter Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Grenada Solar Micro Inverter Market Revenues & Volume, By Below 250 w, 2021- 2031F |
6.2.3 Grenada Solar Micro Inverter Market Revenues & Volume, By 250 w to 500 w, 2021- 2031F |
6.2.4 Grenada Solar Micro Inverter Market Revenues & Volume, By Above 500 w, 2021- 2031F |
6.3 Grenada Solar Micro Inverter Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Solar Micro Inverter Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Solar Micro Inverter Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada Solar Micro Inverter Market Revenues & Volume, By Industrial/Utility, 2021- 2031F |
6.4 Grenada Solar Micro Inverter Market, By Distribution channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Solar Micro Inverter Market Revenues & Volume, By Online, 2021- 2031F |
6.4.3 Grenada Solar Micro Inverter Market Revenues & Volume, By Offline, 2021- 2031F |
7 Grenada Solar Micro Inverter Market Import-Export Trade Statistics |
7.1 Grenada Solar Micro Inverter Market Export to Major Countries |
7.2 Grenada Solar Micro Inverter Market Imports from Major Countries |
8 Grenada Solar Micro Inverter Market Key Performance Indicators |
9 Grenada Solar Micro Inverter Market - Opportunity Assessment |
9.1 Grenada Solar Micro Inverter Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Solar Micro Inverter Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Grenada Solar Micro Inverter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Solar Micro Inverter Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Grenada Solar Micro Inverter Market - Competitive Landscape |
10.1 Grenada Solar Micro Inverter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Solar Micro Inverter 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.
To discover high-growth global markets and optimize your business strategy:
Click Here