| Product Code: ETC5769959 | 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 |
The import shipments of voltage regulators to Grenada in 2024 were primarily sourced from the USA, Trinidad and Tobago, UK, China, and Ireland. The market exhibited very high concentration levels, indicating a limited number of major players dominating the supply. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the market experienced a significant growth spurt in 2024 with a growth rate of 13.08%. This suggests a potential resurgence in demand for voltage regulators in Grenada, making it an attractive market for manufacturers and exporters to target in the near future.
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 Voltage Regulators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Voltage Regulators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Voltage Regulators Market - Industry Life Cycle |
3.4 Grenada Voltage Regulators Market - Porter's Five Forces |
3.5 Grenada Voltage Regulators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Voltage Regulators Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Grenada Voltage Regulators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for stable and reliable power supply in Grenada |
4.2.2 Increasing investments in infrastructure development projects |
4.2.3 Adoption of renewable energy sources driving the need for voltage regulation |
4.2.4 Technological advancements leading to more efficient and advanced voltage regulators |
4.3 Market Restraints |
4.3.1 High initial cost associated with voltage regulator installation |
4.3.2 Limited awareness and understanding of the benefits of voltage regulators among consumers |
4.3.3 Lack of skilled workforce for maintenance and repair of voltage regulators |
4.3.4 Regulatory challenges and compliance requirements impacting market growth |
5 Grenada Voltage Regulators Market Trends |
6 Grenada Voltage Regulators Market Segmentations |
6.1 Grenada Voltage Regulators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Voltage Regulators Market Revenues & Volume, By Ferroresonant , 2021-2031F |
6.1.3 Grenada Voltage Regulators Market Revenues & Volume, By Tap Switching, 2021-2031F |
6.2 Grenada Voltage Regulators Market, By End Users |
6.2.1 Overview and Analysis |
6.2.2 Grenada Voltage Regulators Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Grenada Voltage Regulators Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Grenada Voltage Regulators Market Revenues & Volume, By Residential, 2021-2031F |
7 Grenada Voltage Regulators Market Import-Export Trade Statistics |
7.1 Grenada Voltage Regulators Market Export to Major Countries |
7.2 Grenada Voltage Regulators Market Imports from Major Countries |
8 Grenada Voltage Regulators Market Key Performance Indicators |
8.1 Average time taken for voltage regulator installations |
8.2 Number of infrastructure projects integrating voltage regulators |
8.3 Percentage of energy generated from renewable sources in Grenada |
8.4 Customer satisfaction rating for voltage regulator performance |
8.5 Frequency of voltage fluctuations reported by consumers |
9 Grenada Voltage Regulators Market - Opportunity Assessment |
9.1 Grenada Voltage Regulators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Voltage Regulators Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Grenada Voltage Regulators Market - Competitive Landscape |
10.1 Grenada Voltage Regulators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Voltage Regulators 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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