| Product Code: ETC7382843 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import shipments of light emitting diode (LED) terminals saw a significant increase in 2024, with top exporting countries including China, USA, UK, Spain, and India. The Herfindahl-Hirschman Index (HHI) indicated a high level of market concentration. Despite a strong compound annual growth rate (CAGR) of 35.77% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -60.32%. This data suggests a dynamic market environment for LED imports in Grenada, with potential shifts in supplier dynamics and market conditions.
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 Two Terminal Light Emitting Diode LED Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Two Terminal Light Emitting Diode LED Market - Industry Life Cycle |
3.4 Grenada Two Terminal Light Emitting Diode LED Market - Porter's Five Forces |
3.5 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Two Terminal Light Emitting Diode LED Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Two Terminal Light Emitting Diode LED Market Trends |
6 Grenada Two Terminal Light Emitting Diode LED Market, By Types |
6.1 Grenada Two Terminal Light Emitting Diode LED Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By High Brightness LED, 2021- 2031F |
6.1.4 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By Organic LED, 2021- 2031F |
6.1.5 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By Ultraviolet LED, 2021- 2031F |
6.1.6 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By Polymer LED, 2021- 2031F |
6.1.7 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Grenada Two Terminal Light Emitting Diode LED Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By General Lighting, 2021- 2031F |
6.2.4 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By Backlight Display, 2021- 2031F |
6.2.5 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By Signals and Signage, 2021- 2031F |
6.2.6 Grenada Two Terminal Light Emitting Diode LED Market Revenues & Volume, By Other, 2021- 2031F |
7 Grenada Two Terminal Light Emitting Diode LED Market Import-Export Trade Statistics |
7.1 Grenada Two Terminal Light Emitting Diode LED Market Export to Major Countries |
7.2 Grenada Two Terminal Light Emitting Diode LED Market Imports from Major Countries |
8 Grenada Two Terminal Light Emitting Diode LED Market Key Performance Indicators |
9 Grenada Two Terminal Light Emitting Diode LED Market - Opportunity Assessment |
9.1 Grenada Two Terminal Light Emitting Diode LED Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Two Terminal Light Emitting Diode LED Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Two Terminal Light Emitting Diode LED Market - Competitive Landscape |
10.1 Grenada Two Terminal Light Emitting Diode LED Market Revenue Share, By Companies, 2024 |
10.2 Grenada Two Terminal Light Emitting Diode LED 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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