| Product Code: ETC7381175 | 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 continued to source solar pumps mainly from China, USA, Trinidad and Tobago, UK, and Japan. The market saw a shift from very high concentration in 2023 to high concentration in 2024, indicating a slightly more diversified import market. However, the industry experienced a significant decline with a CAGR of -18.74% from 2020 to 2024 and a steep growth rate decrease of -51.25% from 2023 to 2024. Despite the challenges, the import trends suggest ongoing demand for solar pumps in Grenada, with potential for market recovery and adaptation 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 Pump Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Solar Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Solar Pump Market - Industry Life Cycle |
3.4 Grenada Solar Pump Market - Porter's Five Forces |
3.5 Grenada Solar Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Solar Pump Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.7 Grenada Solar Pump Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.8 Grenada Solar Pump Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Solar Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Solar Pump Market Trends |
6 Grenada Solar Pump Market, By Types |
6.1 Grenada Solar Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Solar Pump Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Solar Pump Market Revenues & Volume, By Up to 3HP, 2021- 2031F |
6.1.4 Grenada Solar Pump Market Revenues & Volume, By Above 10 H, 2021- 2031F |
6.2 Grenada Solar Pump Market, By Motor Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Solar Pump Market Revenues & Volume, By AC Pump, 2021- 2031F |
6.2.3 Grenada Solar Pump Market Revenues & Volume, By DC Pump, 2021- 2031F |
6.3 Grenada Solar Pump Market, By Product |
6.3.1 Overview and Analysis |
6.3.2 Grenada Solar Pump Market Revenues & Volume, By Surface Suction, 2021- 2031F |
6.3.3 Grenada Solar Pump Market Revenues & Volume, By Submersible, 2021- 2031F |
6.3.4 Grenada Solar Pump Market Revenues & Volume, By Floating, 2021- 2031F |
6.4 Grenada Solar Pump Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Solar Pump Market Revenues & Volume, By Agricultural, 2021- 2031F |
6.4.3 Grenada Solar Pump Market Revenues & Volume, By Drinking Water, 2021- 2031F |
6.4.4 Grenada Solar Pump Market Revenues & Volume, By Municipal Engineering, 2021- 2031F |
7 Grenada Solar Pump Market Import-Export Trade Statistics |
7.1 Grenada Solar Pump Market Export to Major Countries |
7.2 Grenada Solar Pump Market Imports from Major Countries |
8 Grenada Solar Pump Market Key Performance Indicators |
9 Grenada Solar Pump Market - Opportunity Assessment |
9.1 Grenada Solar Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Solar Pump Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.3 Grenada Solar Pump Market Opportunity Assessment, By Product, 2021 & 2031F |
9.4 Grenada Solar Pump Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Solar Pump Market - Competitive Landscape |
10.1 Grenada Solar Pump Market Revenue Share, By Companies, 2024 |
10.2 Grenada Solar Pump 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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