| Product Code: ETC11285350 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s voltage transformer import market saw significant growth in 2024, with top exporting countries including USA, Costa Rica, Colombia, Germany, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 12.15%, with a remarkable growth rate of 184.54% from 2023 to 2024. This data suggests a thriving market for voltage transformers in Grenada, driven by imports from key trading partners.
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 Transformer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Voltage Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Voltage Transformer Market - Industry Life Cycle |
3.4 Grenada Voltage Transformer Market - Porter's Five Forces |
3.5 Grenada Voltage Transformer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Voltage Transformer Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Voltage Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Voltage Transformer Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Voltage Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Voltage Transformer Market Trends |
6 Grenada Voltage Transformer Market, By Types |
6.1 Grenada Voltage Transformer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Voltage Transformer Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Voltage Transformer Market Revenues & Volume, By Step-Up Transformer, 2021 - 2031F |
6.1.4 Grenada Voltage Transformer Market Revenues & Volume, By Step-Down Transformer, 2021 - 2031F |
6.1.5 Grenada Voltage Transformer Market Revenues & Volume, By Isolation Transformer, 2021 - 2031F |
6.1.6 Grenada Voltage Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Voltage Transformer Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Voltage Transformer Market Revenues & Volume, By Electromagnetic Induction, 2021 - 2031F |
6.2.3 Grenada Voltage Transformer Market Revenues & Volume, By Solid-State Technology, 2021 - 2031F |
6.2.4 Grenada Voltage Transformer Market Revenues & Volume, By Oil-Immersed, 2021 - 2031F |
6.3 Grenada Voltage Transformer Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Voltage Transformer Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.3.3 Grenada Voltage Transformer Market Revenues & Volume, By Industrial Power Distribution, 2021 - 2031F |
6.3.4 Grenada Voltage Transformer Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.3.5 Grenada Voltage Transformer Market Revenues & Volume, By Smart Grid Applications, 2021 - 2031F |
6.4 Grenada Voltage Transformer Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Voltage Transformer Market Revenues & Volume, By Utilities, 2021 - 2031F |
6.4.3 Grenada Voltage Transformer Market Revenues & Volume, By Manufacturing Plants, 2021 - 2031F |
6.4.4 Grenada Voltage Transformer Market Revenues & Volume, By Solar & Wind Farms, 2021 - 2031F |
6.4.5 Grenada Voltage Transformer Market Revenues & Volume, By Energy Sector, 2021 - 2031F |
7 Grenada Voltage Transformer Market Import-Export Trade Statistics |
7.1 Grenada Voltage Transformer Market Export to Major Countries |
7.2 Grenada Voltage Transformer Market Imports from Major Countries |
8 Grenada Voltage Transformer Market Key Performance Indicators |
9 Grenada Voltage Transformer Market - Opportunity Assessment |
9.1 Grenada Voltage Transformer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Voltage Transformer Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Voltage Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Voltage Transformer Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Voltage Transformer Market - Competitive Landscape |
10.1 Grenada Voltage Transformer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Voltage Transformer 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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