| Product Code: ETC5601315 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of roadway lighting to Grenada from top exporting countries such as USA, UK, China, Spain, and Germany have shown significant growth. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 intensified further in 2024, indicating a competitive market. With a remarkable Compound Annual Growth Rate (CAGR) of 21.98% from 2020-2024, the sector experienced a rapid expansion. The exceptional growth rate of 55.79% from 2023-2024 highlights the increasing demand for roadway lighting in Grenada, making it a lucrative market for exporters.
roadway lighting market
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 Street , Roadway Lighting Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Street , Roadway Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Street , Roadway Lighting Market - Industry Life Cycle |
3.4 Grenada Street , Roadway Lighting Market - Porter's Five Forces |
3.5 Grenada Street , Roadway Lighting Market Revenues & Volume Share, By Lighting Type , 2021 & 2031F |
3.6 Grenada Street , Roadway Lighting Market Revenues & Volume Share, By Light Source , 2021 & 2031F |
3.7 Grenada Street , Roadway Lighting Market Revenues & Volume Share, By Wattage Type , 2021 & 2031F |
3.8 Grenada Street , Roadway Lighting Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Street , Roadway Lighting Market Revenues & Volume Share, By Offering, 2021 & 2031F |
4 Grenada Street , Roadway Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability, leading to the adoption of energy-efficient roadway lighting solutions. |
4.2.2 Urbanization and infrastructure development projects driving the demand for grenada street and roadway lighting. |
4.2.3 Technological advancements such as smart lighting systems and connected infrastructure enhancing the market growth. |
4.3 Market Restraints |
4.3.1 Budget constraints in municipal and government projects affecting the adoption of advanced roadway lighting solutions. |
4.3.2 Regulatory challenges and compliance requirements impacting the market expansion. |
4.3.3 Lack of awareness and education about the benefits of modern roadway lighting solutions hindering market growth. |
5 Grenada Street , Roadway Lighting Market Trends |
6 Grenada Street , Roadway Lighting Market Segmentations |
6.1 Grenada Street , Roadway Lighting Market, By Lighting Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Street , Roadway Lighting Market Revenues & Volume, By Conventional Lighting, 2021-2031F |
6.1.3 Grenada Street , Roadway Lighting Market Revenues & Volume, By Smart Lighting, 2021-2031F |
6.2 Grenada Street , Roadway Lighting Market, By Light Source |
6.2.1 Overview and Analysis |
6.2.2 Grenada Street , Roadway Lighting Market Revenues & Volume, By LEDs, 2021-2031F |
6.2.3 Grenada Street , Roadway Lighting Market Revenues & Volume, By Fluorescent Lights, 2021-2031F |
6.2.4 Grenada Street , Roadway Lighting Market Revenues & Volume, By HID Lamps, 2021-2031F |
6.3 Grenada Street , Roadway Lighting Market, By Wattage Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Street , Roadway Lighting Market Revenues & Volume, By Less than 50W, 2021-2031F |
6.3.3 Grenada Street , Roadway Lighting Market Revenues & Volume, By Between 50W and 150W, 2021-2031F |
6.3.4 Grenada Street , Roadway Lighting Market Revenues & Volume, By More than 150W, 2021-2031F |
6.4 Grenada Street , Roadway Lighting Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Street , Roadway Lighting Market Revenues & Volume, By Highways, 2021-2031F |
6.4.3 Grenada Street , Roadway Lighting Market Revenues & Volume, By Street and Roadways, 2021-2031F |
6.4.4 Grenada Street , Roadway Lighting Market Revenues & Volume, By Others, 2021-2031F |
6.5 Grenada Street , Roadway Lighting Market, By Offering |
6.5.1 Overview and Analysis |
6.5.2 Grenada Street , Roadway Lighting Market Revenues & Volume, By Hardware, 2021-2031F |
6.5.3 Grenada Street , Roadway Lighting Market Revenues & Volume, By Software, 2021-2031F |
6.5.4 Grenada Street , Roadway Lighting Market Revenues & Volume, By Services, 2021-2031F |
7 Grenada Street , Roadway Lighting Market Import-Export Trade Statistics |
7.1 Grenada Street , Roadway Lighting Market Export to Major Countries |
7.2 Grenada Street , Roadway Lighting Market Imports from Major Countries |
8 Grenada Street , Roadway Lighting Market Key Performance Indicators |
8.1 Energy savings achieved through the implementation of energy-efficient roadway lighting solutions. |
8.2 Number of infrastructure development projects incorporating grenada street lighting solutions. |
8.3 Adoption rate of smart lighting systems in roadway projects. |
8.4 Percentage of compliance with lighting regulations and standards. |
8.5 Rate of increase in public awareness and education on the benefits of modern roadway lighting solutions. |
9 Grenada Street , Roadway Lighting Market - Opportunity Assessment |
9.1 Grenada Street , Roadway Lighting Market Opportunity Assessment, By Lighting Type , 2021 & 2031F |
9.2 Grenada Street , Roadway Lighting Market Opportunity Assessment, By Light Source , 2021 & 2031F |
9.3 Grenada Street , Roadway Lighting Market Opportunity Assessment, By Wattage Type , 2021 & 2031F |
9.4 Grenada Street , Roadway Lighting Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Street , Roadway Lighting Market Opportunity Assessment, By Offering, 2021 & 2031F |
10 Grenada Street , Roadway Lighting Market - Competitive Landscape |
10.1 Grenada Street , Roadway Lighting Market Revenue Share, By Companies, 2024 |
10.2 Grenada Street , Roadway Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |