Grenada Transformer Market (2025-2031) | Size, Industry, Forecast, Value, Outlook, Share, Segmentation, Analysis, Trends, Growth, Companies & Revenue

Market Forecast By Core (Closed, Shell, Berry), By Product (Power transformer, Distribution transformer, Instrument transformer, Others), By Winding (Two-winding, Auto-transformer), By Installation (Outdoor, Indoor), By Cooling (Dry type, Oil Immersed), By Insulation (Gas, Oil, Solid, Air, Others), By Phase (Single phase, 3 - phase), By Rating ( 10 MVA, 11 MVA to 60 MVA, 61 MVA to 600 MVA, > 600 MVA) And Competitive Landscape
Product Code: ETC4800541 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Grenada Transformer Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s transformer import market in 2024 continued to see strong growth, with a high Herfindahl-Hirschman Index indicating concentration among top exporting countries. The USA, Panama, Colombia, Costa Rica, and Germany were the key players driving this growth, with a remarkable 179.81% increase in shipments from 2023 to 2024. The impressive compound annual growth rate (CAGR) of 24.57% from 2020 to 2024 underscores the steady expansion of Grenada`s transformer import sector, highlighting a robust demand for these essential electrical components.

Transformer Market: Grenada vs Top 5 Major Economies in 2027 (North America)


The Transformer market in Grenada is projected to grow at a stable growth rate of 1.54% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Transformer Market: Grenada vs Top 5 Major Economies in 2027 (North America)

Key Highlights of the Report:

  • Grenada Transformer Market Outlook
  • Market Size of Grenada Transformer Market, 2024
  • Forecast of Grenada Transformer Market, 2031
  • Historical Data and Forecast of Grenada Transformer Revenues & Volume for the Period 2021-2031
  • Grenada Transformer Market Trend Evolution
  • Grenada Transformer Market Drivers and Challenges
  • Grenada Transformer Price Trends
  • Grenada Transformer Porter`s Five Forces
  • Grenada Transformer Industry Life Cycle
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Core for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Closed for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Shell for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Berry for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Power transformer for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Distribution transformer for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Instrument transformer for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Winding for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Two-winding for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Auto-transformer for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Installation for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Outdoor for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Indoor for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Cooling for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Dry type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Oil Immersed for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Insulation for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Gas for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Oil for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Solid for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Air for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Phase for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Single phase for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By 3 - phase for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By Rating for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By 10 MVA for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By 11 MVA to 60 MVA for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By 61 MVA to 600 MVA for the Period 2021-2031
  • Historical Data and Forecast of Grenada Transformer Market Revenues & Volume By > 600 MVA for the Period 2021-2031
  • Grenada Transformer Import Export Trade Statistics
  • Market Opportunity Assessment By Core
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Winding
  • Market Opportunity Assessment By Installation
  • Market Opportunity Assessment By Cooling
  • Market Opportunity Assessment By Insulation
  • Market Opportunity Assessment By Phase
  • Market Opportunity Assessment By Rating
  • Grenada Transformer Top Companies Market Share
  • Grenada Transformer Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Transformer Company Profiles
  • Grenada Transformer Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Transformer 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 Transformer 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 Transformer Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Transformer Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Transformer Market - Industry Life Cycle

3.4 Grenada Transformer Market - Porter's Five Forces

3.5 Grenada Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F

3.6 Grenada Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F

3.7 Grenada Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F

3.8 Grenada Transformer Market Revenues & Volume Share, By Installation, 2021 & 2031F

3.9 Grenada Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F

3.10 Grenada Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F

3.11 Grenada Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F

4 Grenada Transformer Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Transformer Market Trends

6 Grenada Transformer Market Segmentations

6.1 Grenada Transformer Market, By Core

6.1.1 Overview and Analysis

6.1.2 Grenada Transformer Market Revenues & Volume, By Closed, 2021-2031F

6.1.3 Grenada Transformer Market Revenues & Volume, By Shell, 2021-2031F

6.1.4 Grenada Transformer Market Revenues & Volume, By Berry, 2021-2031F

6.2 Grenada Transformer Market, By Product

6.2.1 Overview and Analysis

6.2.2 Grenada Transformer Market Revenues & Volume, By Power transformer, 2021-2031F

6.2.3 Grenada Transformer Market Revenues & Volume, By Distribution transformer, 2021-2031F

6.2.4 Grenada Transformer Market Revenues & Volume, By Instrument transformer, 2021-2031F

6.2.5 Grenada Transformer Market Revenues & Volume, By Others, 2021-2031F

6.3 Grenada Transformer Market, By Winding

6.3.1 Overview and Analysis

6.3.2 Grenada Transformer Market Revenues & Volume, By Two-winding, 2021-2031F

6.3.3 Grenada Transformer Market Revenues & Volume, By Auto-transformer, 2021-2031F

6.4 Grenada Transformer Market, By Installation

6.4.1 Overview and Analysis

6.4.2 Grenada Transformer Market Revenues & Volume, By Outdoor, 2021-2031F

6.4.3 Grenada Transformer Market Revenues & Volume, By Indoor, 2021-2031F

6.5 Grenada Transformer Market, By Cooling

6.5.1 Overview and Analysis

6.5.2 Grenada Transformer Market Revenues & Volume, By Dry type, 2021-2031F

6.5.3 Grenada Transformer Market Revenues & Volume, By Oil Immersed, 2021-2031F

6.6 Grenada Transformer Market, By Insulation

6.6.1 Overview and Analysis

6.6.2 Grenada Transformer Market Revenues & Volume, By Gas, 2021-2031F

6.6.3 Grenada Transformer Market Revenues & Volume, By Oil, 2021-2031F

6.6.4 Grenada Transformer Market Revenues & Volume, By Solid, 2021-2031F

6.6.5 Grenada Transformer Market Revenues & Volume, By Air, 2021-2031F

6.6.6 Grenada Transformer Market Revenues & Volume, By Others, 2021-2031F

6.7 Grenada Transformer Market, By Phase

6.7.1 Overview and Analysis

6.7.2 Grenada Transformer Market Revenues & Volume, By Single phase, 2021-2031F

6.7.3 Grenada Transformer Market Revenues & Volume, By 3 - phase, 2021-2031F

6.8 Grenada Transformer Market, By Rating

6.8.1 Overview and Analysis

6.8.2 Grenada Transformer Market Revenues & Volume, By ? 10 MVA, 2021-2031F

6.8.3 Grenada Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021-2031F

6.8.4 Grenada Transformer Market Revenues & Volume, By > 600 MVA, 2021-2031F

6.8.5 Grenada Transformer Market Revenues & Volume, By > 600 MVA, 2021-2031F

7 Grenada Transformer Market Import-Export Trade Statistics

7.1 Grenada Transformer Market Export to Major Countries

7.2 Grenada Transformer Market Imports from Major Countries

8 Grenada Transformer Market Key Performance Indicators

9 Grenada Transformer Market - Opportunity Assessment

9.1 Grenada Transformer Market Opportunity Assessment, By Core, 2021 & 2031F

9.2 Grenada Transformer Market Opportunity Assessment, By Product, 2021 & 2031F

9.3 Grenada Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F

9.4 Grenada Transformer Market Opportunity Assessment, By Installation, 2021 & 2031F

9.5 Grenada Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F

9.6 Grenada Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F

9.7 Grenada Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F

9.7 Grenada Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F

10 Grenada Transformer Market - Competitive Landscape

10.1 Grenada Transformer Market Revenue Share, By Companies, 2024

10.2 Grenada Transformer 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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