| Product Code: ETC5699469 | 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 |
In 2024, Grenada continued to see significant import shipments of transcritical CO2 systems, with the top countries exporting being the USA, Trinidad and Tobago, UAE, UK, and Hong Kong. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 31.29% from 2020 to 2024, there was a slight downturn in growth from 2023 to 2024 at -9.07%. This data suggests a competitive market landscape with potential shifts in trade dynamics impacting the import of transcritical CO2 systems 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 Transcritical CO2 Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Transcritical CO2 Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Transcritical CO2 Systems Market - Industry Life Cycle |
3.4 Grenada Transcritical CO2 Systems Market - Porter's Five Forces |
3.5 Grenada Transcritical CO2 Systems Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Grenada Transcritical CO2 Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Transcritical CO2 Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability and the need for eco-friendly refrigeration solutions |
4.2.2 Government regulations promoting the use of natural refrigerants to reduce greenhouse gas emissions |
4.2.3 Growing demand for energy-efficient cooling systems in commercial and industrial sectors |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with transcritical CO2 systems compared to conventional refrigeration systems |
4.3.2 Lack of skilled workforce to install and maintain transcritical CO2 systems |
4.3.3 Limited availability of components and infrastructure for transcritical CO2 systems in the market |
5 Grenada Transcritical CO2 Systems Market Trends |
6 Grenada Transcritical CO2 Systems Market Segmentations |
6.1 Grenada Transcritical CO2 Systems Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Grenada Transcritical CO2 Systems Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.1.3 Grenada Transcritical CO2 Systems Market Revenues & Volume, By Heating, 2021-2031F |
6.1.4 Grenada Transcritical CO2 Systems Market Revenues & Volume, By Air Conditioning, 2021-2031F |
6.2 Grenada Transcritical CO2 Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Transcritical CO2 Systems Market Revenues & Volume, By Supermarkets , 2021-2031F |
6.2.3 Grenada Transcritical CO2 Systems Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Grenada Transcritical CO2 Systems Market Revenues & Volume, By Heat Pumps, 2021-2031F |
6.2.5 Grenada Transcritical CO2 Systems Market Revenues & Volume, By Food Processing & Storage Facilities, 2021-2031F |
6.2.6 Grenada Transcritical CO2 Systems Market Revenues & Volume, By Ice Skating Rinks, 2021-2031F |
7 Grenada Transcritical CO2 Systems Market Import-Export Trade Statistics |
7.1 Grenada Transcritical CO2 Systems Market Export to Major Countries |
7.2 Grenada Transcritical CO2 Systems Market Imports from Major Countries |
8 Grenada Transcritical CO2 Systems Market Key Performance Indicators |
8.1 Energy efficiency ratio (EER) of transcritical CO2 systems |
8.2 Number of training programs or certifications for transcritical CO2 system installation and maintenance |
8.3 Adoption rate of transcritical CO2 systems in key industries such as supermarkets, cold storage facilities, and food processing plants |
9 Grenada Transcritical CO2 Systems Market - Opportunity Assessment |
9.1 Grenada Transcritical CO2 Systems Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Grenada Transcritical CO2 Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Transcritical CO2 Systems Market - Competitive Landscape |
10.1 Grenada Transcritical CO2 Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Transcritical CO2 Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |