| Product Code: ETC5868911 | 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 |
Grenada`s alternator import market saw significant growth in 2024, with top exporting countries including the USA, Germany, China, Trinidad and Tobago, and Hong Kong. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 intensified in 2024, indicating a competitive market. With a notable Compound Annual Growth Rate (CAGR) of 31.09% from 2020 to 2024 and a growth rate of 21.91% from 2023 to 2024, the alternator import sector in Grenada is showing strong momentum and attracting diverse suppliers from key global markets.
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 Alternator Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Alternator Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Alternator Market - Industry Life Cycle |
3.4 Grenada Alternator Market - Porter's Five Forces |
3.5 Grenada Alternator Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Alternator Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Alternator Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 Grenada Alternator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable power sources in industrial and commercial sectors |
4.2.2 Growing emphasis on energy efficiency and sustainability |
4.2.3 Rise in construction and infrastructure development projects in Grenada |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing alternators |
4.3.2 Impact of economic downturns on overall market growth |
4.3.3 Competition from alternative power generation technologies |
5 Grenada Alternator Market Trends |
6 Grenada Alternator Market Segmentations |
6.1 Grenada Alternator Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Alternator Market Revenues & Volume, By Alternator, 2021-2031F |
6.1.3 Grenada Alternator Market Revenues & Volume, By Starter Motor, 2021-2031F |
6.2 Grenada Alternator Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Alternator Market Revenues & Volume, By BAS, 2021-2031F |
6.2.3 Grenada Alternator Market Revenues & Volume, By Enhanced Starter, 2021-2031F |
6.2.4 Grenada Alternator Market Revenues & Volume, By Direct Start, 2021-2031F |
6.2.5 Grenada Alternator Market Revenues & Volume, By ISG, 2021-2031F |
6.3 Grenada Alternator Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 Grenada Alternator Market Revenues & Volume, By 1.0-3.0KW, 2021-2031F |
6.3.3 Grenada Alternator Market Revenues & Volume, By 3.0-5.0KW, 2021-2031F |
6.3.4 Grenada Alternator Market Revenues & Volume, By >5.0KW, 2021-2031F |
7 Grenada Alternator Market Import-Export Trade Statistics |
7.1 Grenada Alternator Market Export to Major Countries |
7.2 Grenada Alternator Market Imports from Major Countries |
8 Grenada Alternator Market Key Performance Indicators |
8.1 Average installation time of alternators in Grenada |
8.2 Percentage of businesses implementing energy efficiency measures using alternators |
8.3 Number of construction permits issued for infrastructure projects in Grenada |
9 Grenada Alternator Market - Opportunity Assessment |
9.1 Grenada Alternator Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Alternator Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Alternator Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 Grenada Alternator Market - Competitive Landscape |
10.1 Grenada Alternator Market Revenue Share, By Companies, 2024 |
10.2 Grenada Alternator 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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