| Product Code: ETC10284070 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada`s solar-powered ATM import shipments in 2024 saw a substantial growth rate of 183.37%, indicating a rising demand for sustainable banking solutions. The top exporting countries to Grenada were the USA, UK, Jamaica, Trinidad and Tobago, and China, showcasing a diverse market for solar technology. Despite a negative CAGR of -7.9% from 2020 to 2024, the high Herfindahl-Hirschman Index (HHI) suggests a concentrated market structure. This data highlights the increasing adoption of solar-powered ATMs in Grenada and the potential for further expansion in the renewable energy sector.
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 Powered ATM Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Solar Powered ATM Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Solar Powered ATM Market - Industry Life Cycle |
3.4 Grenada Solar Powered ATM Market - Porter's Five Forces |
3.5 Grenada Solar Powered ATM Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Grenada Solar Powered ATM Market Revenues & Volume Share, By Location, 2021 & 2031F |
3.7 Grenada Solar Powered ATM Market Revenues & Volume Share, By ATM Type, 2021 & 2031F |
3.8 Grenada Solar Powered ATM Market Revenues & Volume Share, By Power Capacity, 2021 & 2031F |
3.9 Grenada Solar Powered ATM Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Solar Powered ATM Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Solar Powered ATM Market Trends |
6 Grenada Solar Powered ATM Market, By Types |
6.1 Grenada Solar Powered ATM Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Solar Powered ATM Market Revenues & Volume, By Power Source, 2021 - 2031F |
6.1.3 Grenada Solar Powered ATM Market Revenues & Volume, By Solar Panels, 2021 - 2031F |
6.1.4 Grenada Solar Powered ATM Market Revenues & Volume, By Battery Backup, 2021 - 2031F |
6.1.5 Grenada Solar Powered ATM Market Revenues & Volume, By Grid tied, 2021 - 2031F |
6.2 Grenada Solar Powered ATM Market, By Location |
6.2.1 Overview and Analysis |
6.2.2 Grenada Solar Powered ATM Market Revenues & Volume, By Rural Areas, 2021 - 2031F |
6.2.3 Grenada Solar Powered ATM Market Revenues & Volume, By Urban Areas, 2021 - 2031F |
6.2.4 Grenada Solar Powered ATM Market Revenues & Volume, By Remote Locations, 2021 - 2031F |
6.3 Grenada Solar Powered ATM Market, By ATM Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Solar Powered ATM Market Revenues & Volume, By Off grid ATM, 2021 - 2031F |
6.3.3 Grenada Solar Powered ATM Market Revenues & Volume, By On grid ATM, 2021 - 2031F |
6.3.4 Grenada Solar Powered ATM Market Revenues & Volume, By Automated, 2021 - 2031F |
6.4 Grenada Solar Powered ATM Market, By Power Capacity |
6.4.1 Overview and Analysis |
6.4.2 Grenada Solar Powered ATM Market Revenues & Volume, By High Capacity, 2021 - 2031F |
6.4.3 Grenada Solar Powered ATM Market Revenues & Volume, By Low Capacity, 2021 - 2031F |
6.4.4 Grenada Solar Powered ATM Market Revenues & Volume, By Peak Capacity, 2021 - 2031F |
6.5 Grenada Solar Powered ATM Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Grenada Solar Powered ATM Market Revenues & Volume, By ATM Networks, 2021 - 2031F |
6.5.3 Grenada Solar Powered ATM Market Revenues & Volume, By Branch Locations, 2021 - 2031F |
6.5.4 Grenada Solar Powered ATM Market Revenues & Volume, By Commercial Banks, 2021 - 2031F |
7 Grenada Solar Powered ATM Market Import-Export Trade Statistics |
7.1 Grenada Solar Powered ATM Market Export to Major Countries |
7.2 Grenada Solar Powered ATM Market Imports from Major Countries |
8 Grenada Solar Powered ATM Market Key Performance Indicators |
9 Grenada Solar Powered ATM Market - Opportunity Assessment |
9.1 Grenada Solar Powered ATM Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Grenada Solar Powered ATM Market Opportunity Assessment, By Location, 2021 & 2031F |
9.3 Grenada Solar Powered ATM Market Opportunity Assessment, By ATM Type, 2021 & 2031F |
9.4 Grenada Solar Powered ATM Market Opportunity Assessment, By Power Capacity, 2021 & 2031F |
9.5 Grenada Solar Powered ATM Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Solar Powered ATM Market - Competitive Landscape |
10.1 Grenada Solar Powered ATM Market Revenue Share, By Companies, 2024 |
10.2 Grenada Solar Powered ATM 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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