| Product Code: ETC7381180 | 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 |
The import shipments of solar street lighting to Grenada in 2024 showed a significant growth trend, with a high Herfindahl-Hirschman Index indicating a concentrated market. The top exporting countries to Grenada were Panama, USA, China, Trinidad and Tobago, and South Korea. The impressive Compound Annual Growth Rate (CAGR) of 44.39% from 2020 to 2024 reflects the increasing demand for sustainable lighting solutions in Grenada. Additionally, the growth rate of 31.58% from 2023 to 2024 highlights the continued momentum in the solar street lighting import market in the country.
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 Street Lighting Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Solar Street Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Solar Street Lighting Market - Industry Life Cycle |
3.4 Grenada Solar Street Lighting Market - Porter's Five Forces |
3.5 Grenada Solar Street Lighting Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Solar Street Lighting Market Revenues & Volume Share, By Luminaire Type, 2021 & 2031F |
3.7 Grenada Solar Street Lighting Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Grenada Solar Street Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Solar Street Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Solar Street Lighting Market Trends |
6 Grenada Solar Street Lighting Market, By Types |
6.1 Grenada Solar Street Lighting Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Solar Street Lighting Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Solar Street Lighting Market Revenues & Volume, By Portable, 2021- 2031F |
6.1.4 Grenada Solar Street Lighting Market Revenues & Volume, By Standalone, 2021- 2031F |
6.1.5 Grenada Solar Street Lighting Market Revenues & Volume, By Centralized, 2021- 2031F |
6.1.6 Grenada Solar Street Lighting Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Solar Street Lighting Market, By Luminaire Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Solar Street Lighting Market Revenues & Volume, By LED, 2021- 2031F |
6.2.3 Grenada Solar Street Lighting Market Revenues & Volume, By CFL, 2021- 2031F |
6.3 Grenada Solar Street Lighting Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Grenada Solar Street Lighting Market Revenues & Volume, By Controller, 2021- 2031F |
6.3.3 Grenada Solar Street Lighting Market Revenues & Volume, By Lamp, 2021- 2031F |
6.3.4 Grenada Solar Street Lighting Market Revenues & Volume, By Solar Panel, 2021- 2031F |
6.3.5 Grenada Solar Street Lighting Market Revenues & Volume, By Sensor, 2021- 2031F |
6.3.6 Grenada Solar Street Lighting Market Revenues & Volume, By Battery, 2021- 2031F |
6.3.7 Grenada Solar Street Lighting Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Grenada Solar Street Lighting Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Solar Street Lighting Market Revenues & Volume, By Parking Lot, 2021- 2031F |
6.4.3 Grenada Solar Street Lighting Market Revenues & Volume, By Highway and Roadway, 2021- 2031F |
6.4.4 Grenada Solar Street Lighting Market Revenues & Volume, By Airport Runway, 2021- 2031F |
6.4.5 Grenada Solar Street Lighting Market Revenues & Volume, By Manufacturing Site, 2021- 2031F |
6.4.6 Grenada Solar Street Lighting Market Revenues & Volume, By Playground, 2021- 2031F |
6.4.7 Grenada Solar Street Lighting Market Revenues & Volume, By Garden, 2021- 2031F |
7 Grenada Solar Street Lighting Market Import-Export Trade Statistics |
7.1 Grenada Solar Street Lighting Market Export to Major Countries |
7.2 Grenada Solar Street Lighting Market Imports from Major Countries |
8 Grenada Solar Street Lighting Market Key Performance Indicators |
9 Grenada Solar Street Lighting Market - Opportunity Assessment |
9.1 Grenada Solar Street Lighting Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Solar Street Lighting Market Opportunity Assessment, By Luminaire Type, 2021 & 2031F |
9.3 Grenada Solar Street Lighting Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Grenada Solar Street Lighting Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Solar Street Lighting Market - Competitive Landscape |
10.1 Grenada Solar Street Lighting Market Revenue Share, By Companies, 2024 |
10.2 Grenada Solar Street 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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