| Product Code: ETC5697740 | 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`s import shipments of Variable Air Volume (VAV) systems continued to show strong growth, with a notable Compound Annual Growth Rate (CAGR) of 19.66% from 2020 to 2024. The top exporting countries to Grenada for VAV systems in 2024 were the USA, China, India, Thailand, and Singapore. Despite the competitive market, the Herfindahl-Hirschman Index (HHI) indicated very high concentration, suggesting a potential challenge for market diversification. The growth rate in 2024 was impressive at 11.52%, indicating sustained interest and demand for VAV 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 Variable Air Volume (VAV) Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Variable Air Volume (VAV) Systems Market - Industry Life Cycle |
3.4 Grenada Variable Air Volume (VAV) Systems Market - Porter's Five Forces |
3.5 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Variable Air Volume (VAV) Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC systems in commercial buildings |
4.2.2 Growing adoption of smart building technologies |
4.2.3 Government regulations promoting energy conservation and sustainability in buildings |
4.3 Market Restraints |
4.3.1 High initial costs associated with installing VAV systems |
4.3.2 Lack of awareness and technical expertise in utilizing VAV systems effectively |
4.3.3 Potential challenges in retrofitting existing buildings with VAV systems |
5 Grenada Variable Air Volume (VAV) Systems Market Trends |
6 Grenada Variable Air Volume (VAV) Systems Market Segmentations |
6.1 Grenada Variable Air Volume (VAV) Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume, By Single-Duct, 2021-2031F |
6.1.3 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume, By Dual-Duct, 2021-2031F |
6.1.4 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume, By Fan-Powered, 2021-2031F |
6.1.5 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume, By Induction based? , 2021-2031F |
6.2 Grenada Variable Air Volume (VAV) Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume, By Commercial building, 2021-2031F |
6.2.3 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume, By Industrial building, 2021-2031F |
6.2.4 Grenada Variable Air Volume (VAV) Systems Market Revenues & Volume, By Residential building, 2021-2031F |
7 Grenada Variable Air Volume (VAV) Systems Market Import-Export Trade Statistics |
7.1 Grenada Variable Air Volume (VAV) Systems Market Export to Major Countries |
7.2 Grenada Variable Air Volume (VAV) Systems Market Imports from Major Countries |
8 Grenada Variable Air Volume (VAV) Systems Market Key Performance Indicators |
8.1 Energy savings achieved through VAV system installations |
8.2 Percentage increase in the number of green buildings using VAV systems |
8.3 Number of new commercial construction projects incorporating VAV systems |
9 Grenada Variable Air Volume (VAV) Systems Market - Opportunity Assessment |
9.1 Grenada Variable Air Volume (VAV) Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Variable Air Volume (VAV) Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Variable Air Volume (VAV) Systems Market - Competitive Landscape |
10.1 Grenada Variable Air Volume (VAV) Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Variable Air Volume (VAV) Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |