Grenada Tankless Water Heater Market (2025-2031) | Competitive Landscape, Value, Analysis, Forecast, Companies, Share, Trends, Outlook, Industry, Size & Revenue, Growth, Segmentation

Market Forecast By Type (Whole-House, Point-of-Use), By Application (Residential, Commercial) And Competitive Landscape
Product Code: ETC7382208 Publication Date: Sep 2024 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Dhaval Chaurasia No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Grenada Tankless Water Heater Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of tankless water heaters to Grenada in 2024 continued to be dominated by top exporting countries such as the USA, Brazil, UK, Trinidad and Tobago, and Puerto Rico. The high Herfindahl-Hirschman Index (HHI) in 2023 indicated a very concentrated market, which persisted into 2024. However, the negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 suggests a slight decline in overall market size. The sharp decline in growth rate from 2023 to 2024 at -20.38% indicates a challenging year for tankless water heater imports to Grenada.

Key Highlights of the Report:

  • Grenada Tankless Water Heater Market Outlook
  • Market Size of Grenada Tankless Water Heater Market, 2024
  • Forecast of Grenada Tankless Water Heater Market, 2031
  • Historical Data and Forecast of Grenada Tankless Water Heater Revenues & Volume for the Period 2021- 2031
  • Grenada Tankless Water Heater Market Trend Evolution
  • Grenada Tankless Water Heater Market Drivers and Challenges
  • Grenada Tankless Water Heater Price Trends
  • Grenada Tankless Water Heater Porter's Five Forces
  • Grenada Tankless Water Heater Industry Life Cycle
  • Historical Data and Forecast of Grenada Tankless Water Heater Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Tankless Water Heater Market Revenues & Volume By Whole-House for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Tankless Water Heater Market Revenues & Volume By Point-of-Use for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Tankless Water Heater Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Tankless Water Heater Market Revenues & Volume By Residential for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Tankless Water Heater Market Revenues & Volume By Commercial for the Period 2021- 2031
  • Grenada Tankless Water Heater Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Grenada Tankless Water Heater Top Companies Market Share
  • Grenada Tankless Water Heater Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Tankless Water Heater Company Profiles
  • Grenada Tankless Water Heater Key Strategic Recommendations

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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 Tankless Water Heater Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Tankless Water Heater Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Tankless Water Heater Market - Industry Life Cycle

3.4 Grenada Tankless Water Heater Market - Porter's Five Forces

3.5 Grenada Tankless Water Heater Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Tankless Water Heater Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Tankless Water Heater Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness about energy efficiency and cost savings associated with tankless water heaters

4.2.2 Growing demand for compact and space-saving home appliances in urban areas

4.2.3 Government initiatives promoting the adoption of energy-efficient technologies in residential buildings

4.3 Market Restraints

4.3.1 High initial cost of tankless water heaters compared to traditional water heaters

4.3.2 Limited availability of skilled technicians for installation and maintenance of tankless water heaters

4.3.3 Concerns about inconsistent water temperature and flow rate in some models of tankless water heaters

5 Grenada Tankless Water Heater Market Trends

6 Grenada Tankless Water Heater Market, By Types

6.1 Grenada Tankless Water Heater Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Tankless Water Heater Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Grenada Tankless Water Heater Market Revenues & Volume, By Whole-House, 2021- 2031F

6.1.4 Grenada Tankless Water Heater Market Revenues & Volume, By Point-of-Use, 2021- 2031F

6.2 Grenada Tankless Water Heater Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Tankless Water Heater Market Revenues & Volume, By Residential, 2021- 2031F

6.2.3 Grenada Tankless Water Heater Market Revenues & Volume, By Commercial, 2021- 2031F

7 Grenada Tankless Water Heater Market Import-Export Trade Statistics

7.1 Grenada Tankless Water Heater Market Export to Major Countries

7.2 Grenada Tankless Water Heater Market Imports from Major Countries

8 Grenada Tankless Water Heater Market Key Performance Indicators

8.1 Average annual energy savings per household after switching to a tankless water heater

8.2 Number of new residential constructions opting for tankless water heaters as the primary water heating system

8.3 Percentage increase in the number of tankless water heater installations by accredited professionals over the previous year

9 Grenada Tankless Water Heater Market - Opportunity Assessment

9.1 Grenada Tankless Water Heater Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Tankless Water Heater Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Tankless Water Heater Market - Competitive Landscape

10.1 Grenada Tankless Water Heater Market Revenue Share, By Companies, 2024

10.2 Grenada Tankless Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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