| Product Code: ETC7382304 | 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 |
The import of temperature modulation devices in Grenada saw significant growth in 2024, with top exporting countries including Netherlands, USA, Trinidad and Tobago, Italy, and UAE. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 52.91%, with a notable growth rate of 45.63% from 2023 to 2024. These trends suggest a strong demand for temperature modulation devices in Grenada, driven by advancements in technology and increasing awareness of climate control solutions.
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 Temperature Modulation Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Temperature Modulation Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Temperature Modulation Devices Market - Industry Life Cycle |
3.4 Grenada Temperature Modulation Devices Market - Porter's Five Forces |
3.5 Grenada Temperature Modulation Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Temperature Modulation Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability |
4.2.2 Growing demand for temperature control solutions in commercial buildings and residential spaces |
4.2.3 Technological advancements in temperature modulation devices |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing temperature modulation devices |
4.3.2 Limited availability of skilled technicians for installation and maintenance |
4.3.3 Lack of proper regulations and incentives to promote the adoption of energy-efficient temperature modulation devices |
5 Grenada Temperature Modulation Devices Market Trends |
6 Grenada Temperature Modulation Devices Market, By Types |
6.1 Grenada Temperature Modulation Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Temperature Modulation Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Temperature Modulation Devices Market Revenues & Volume, By Portable Blood/IV fluid warmers, 2021- 2031F |
6.1.4 Grenada Temperature Modulation Devices Market Revenues & Volume, By Conductive patient warming systems, 2021- 2031F |
6.1.5 Grenada Temperature Modulation Devices Market Revenues & Volume, By Convective patient warming systems, 2021- 2031F |
6.1.6 Grenada Temperature Modulation Devices Market Revenues & Volume, By Conductive patient cooling systems, 2021- 2031F |
6.1.7 Grenada Temperature Modulation Devices Market Revenues & Volume, By Other Products & Accessories, 2021- 2031F |
7 Grenada Temperature Modulation Devices Market Import-Export Trade Statistics |
7.1 Grenada Temperature Modulation Devices Market Export to Major Countries |
7.2 Grenada Temperature Modulation Devices Market Imports from Major Countries |
8 Grenada Temperature Modulation Devices Market Key Performance Indicators |
8.1 Energy savings achieved through the use of temperature modulation devices |
8.2 Percentage increase in the adoption of smart temperature control systems |
8.3 Number of new product launches and innovations in the grenada temperature modulation devices market |
9 Grenada Temperature Modulation Devices Market - Opportunity Assessment |
9.1 Grenada Temperature Modulation Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Temperature Modulation Devices Market - Competitive Landscape |
10.1 Grenada Temperature Modulation Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Temperature Modulation Devices 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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