| Product Code: ETC5765703 | 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 submarine power cables to Grenada in 2024 were primarily sourced from top exporting countries such as the UK, USA, Panama, China, and other miscellaneous areas. The market concentration, as measured by the HHI, significantly increased from 2023 to 2024, indicating a very high level of market dominance among key suppliers. Despite a notable CAGR of 13.66% from 2020 to 2024, the growth rate experienced a sharp decline of -61.58% from 2023 to 2024. This fluctuation in growth rates suggests a dynamic market environment for submarine power cable imports in Grenada.
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 Submarine Power Cable Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Submarine Power Cable Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Submarine Power Cable Market - Industry Life Cycle |
3.4 Grenada Submarine Power Cable Market - Porter's Five Forces |
3.5 Grenada Submarine Power Cable Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Submarine Power Cable Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Grenada Submarine Power Cable Market Revenues & Volume Share, By Conductor Material, 2021 & 2031F |
3.8 Grenada Submarine Power Cable Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Submarine Power Cable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources |
4.2.2 Government initiatives to improve energy infrastructure |
4.2.3 Growth in offshore wind farms development |
4.3 Market Restraints |
4.3.1 High initial investment costs |
4.3.2 Technical challenges in laying and maintaining submarine power cables |
4.3.3 Environmental concerns and regulatory hurdles |
5 Grenada Submarine Power Cable Market Trends |
6 Grenada Submarine Power Cable Market Segmentations |
6.1 Grenada Submarine Power Cable Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Submarine Power Cable Market Revenues & Volume, By Single, 2021-2031F |
6.1.3 Grenada Submarine Power Cable Market Revenues & Volume, By Multicore, 2021-2031F |
6.2 Grenada Submarine Power Cable Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Grenada Submarine Power Cable Market Revenues & Volume, By Medium, 2021-2031F |
6.2.3 Grenada Submarine Power Cable Market Revenues & Volume, By High, 2021-2031F |
6.3 Grenada Submarine Power Cable Market, By Conductor Material |
6.3.1 Overview and Analysis |
6.3.2 Grenada Submarine Power Cable Market Revenues & Volume, By Copper, 2021-2031F |
6.3.3 Grenada Submarine Power Cable Market Revenues & Volume, By Aluminum, 2021-2031F |
6.4 Grenada Submarine Power Cable Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Submarine Power Cable Market Revenues & Volume, By Offshore wind? power generation, 2021-2031F |
6.4.3 Grenada Submarine Power Cable Market Revenues & Volume, By Inter-country and island connection, 2021-2031F |
6.4.4 Grenada Submarine Power Cable Market Revenues & Volume, By Offshore oil & gas, 2021-2031F |
7 Grenada Submarine Power Cable Market Import-Export Trade Statistics |
7.1 Grenada Submarine Power Cable Market Export to Major Countries |
7.2 Grenada Submarine Power Cable Market Imports from Major Countries |
8 Grenada Submarine Power Cable Market Key Performance Indicators |
8.1 Average installation time for submarine power cables |
8.2 Number of new offshore wind farm projects in Grenada |
8.3 Percentage of renewable energy sources in Grenada's energy mix |
9 Grenada Submarine Power Cable Market - Opportunity Assessment |
9.1 Grenada Submarine Power Cable Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Submarine Power Cable Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Grenada Submarine Power Cable Market Opportunity Assessment, By Conductor Material, 2021 & 2031F |
9.4 Grenada Submarine Power Cable Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Submarine Power Cable Market - Competitive Landscape |
10.1 Grenada Submarine Power Cable Market Revenue Share, By Companies, 2024 |
10.2 Grenada Submarine Power Cable Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |