| Product Code: ETC5236914 | 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`s ventilation fans import market continues to thrive in 2024, with the top exporting countries being the USA, UK, Panama, China, and Curaçao. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 11.95% from 2020-24 demonstrates sustained expansion. Moreover, the remarkable growth rate of 54.61% from 2023-24 highlights the increasing demand for ventilation fans in Grenada. This data suggests a promising outlook for the ventilation fans import industry in Grenada, with opportunities for further growth and development.
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 Ventilation Fans Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ventilation Fans Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ventilation Fans Market - Industry Life Cycle |
3.4 Grenada Ventilation Fans Market - Porter's Five Forces |
3.5 Grenada Ventilation Fans Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Ventilation Fans Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Grenada Ventilation Fans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about indoor air quality and health impacts |
4.2.2 Growth in construction activities and infrastructure development in Grenada |
4.2.3 Implementation of energy-efficient ventilation solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs for ventilation fan installations |
4.3.2 Limited availability of skilled technicians for installation and maintenance |
4.3.3 Seasonal fluctuations in demand due to varying weather conditions in Grenada |
5 Grenada Ventilation Fans Market Trends |
6 Grenada Ventilation Fans Market Segmentations |
6.1 Grenada Ventilation Fans Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ventilation Fans Market Revenues & Volume, By Centrifugal Fans, 2021-2031F |
6.1.3 Grenada Ventilation Fans Market Revenues & Volume, By Axial Fans, 2021-2031F |
6.1.4 Grenada Ventilation Fans Market Revenues & Volume, By Cross Flow Fans, 2021-2031F |
6.1.5 Grenada Ventilation Fans Market Revenues & Volume, By Domestic Exhaust Fans, 2021-2031F |
6.1.6 Grenada Ventilation Fans Market Revenues & Volume, By Power Roof Fans, 2021-2031F |
6.1.7 Grenada Ventilation Fans Market Revenues & Volume, By Range Hood Fans, 2021-2031F |
6.2 Grenada Ventilation Fans Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ventilation Fans Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Ventilation Fans Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Grenada Ventilation Fans Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Ventilation Fans Market Import-Export Trade Statistics |
7.1 Grenada Ventilation Fans Market Export to Major Countries |
7.2 Grenada Ventilation Fans Market Imports from Major Countries |
8 Grenada Ventilation Fans Market Key Performance Indicators |
8.1 Energy efficiency ratings of ventilation fans in the market |
8.2 Number of new construction projects incorporating ventilation fan systems |
8.3 Percentage of households using ventilation fans for indoor air quality control |
8.4 Rate of adoption of smart ventilation fan technologies |
8.5 Number of ventilation fan maintenance service providers in Grenada |
9 Grenada Ventilation Fans Market - Opportunity Assessment |
9.1 Grenada Ventilation Fans Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Ventilation Fans Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Grenada Ventilation Fans Market - Competitive Landscape |
10.1 Grenada Ventilation Fans Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ventilation Fans 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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