Grenada Submarine Power Cable Market (2025-2031) | Share, Outlook, Segmentation, Trends, Growth, Revenue, Value, Analysis, Forecast, Size, Companies & Industry
Market Forecast By Type (Single, Multicore), By Voltage (Medium, High), By Conductor Material (Copper, Aluminum), By End-User (Offshore wind‚power generation, Inter-country and island connection, Offshore oil & gas) And Competitive Landscape
| 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 |
Grenada Submarine Power Cable Market Top 5 Importing Countries and Market Competition (HHI) Analysis
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.
Key Highlights of the Report:
- Grenada Submarine Power Cable Market Outlook
- Market Size of Grenada Submarine Power Cable Market, 2024
- Forecast of Grenada Submarine Power Cable Market, 2031
- Historical Data and Forecast of Grenada Submarine Power Cable Revenues & Volume for the Period 2021-2031
- Grenada Submarine Power Cable Market Trend Evolution
- Grenada Submarine Power Cable Market Drivers and Challenges
- Grenada Submarine Power Cable Price Trends
- Grenada Submarine Power Cable Porter`s Five Forces
- Grenada Submarine Power Cable Industry Life Cycle
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Single for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Multicore for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Voltage for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Medium for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By High for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Conductor Material for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Copper for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Aluminum for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By End-User for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Offshore wind?power generation for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Inter-country and island connection for the Period 2021-2031
- Historical Data and Forecast of Grenada Submarine Power Cable Market Revenues & Volume By Offshore oil & gas for the Period 2021-2031
- Grenada Submarine Power Cable Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Voltage
- Market Opportunity Assessment By Conductor Material
- Market Opportunity Assessment By End-User
- Grenada Submarine Power Cable Top Companies Market Share
- Grenada Submarine Power Cable Competitive Benchmarking By Technical and Operational Parameters
- Grenada Submarine Power Cable Company Profiles
- Grenada Submarine Power Cable Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Grenada Submarine Power Cable Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Submarine Power Cable Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 |
Export potential assessment - trade Analytics for 2030
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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