| Product Code: ETC7363882 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The architectural lighting import shipments to Grenada in 2024 saw a significant increase in concentration, with the top exporting countries being the USA, UK, China, Spain, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a more concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 21.42% from 2020 to 2024 reflects a booming industry. Additionally, the growth rate of 18.25% from 2023 to 2024 highlights a continued upward trend in demand for architectural lighting in Grenada. This data suggests a competitive market with strong growth potential.
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 Architectural Lighting Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Architectural Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Architectural Lighting Market - Industry Life Cycle |
3.4 Grenada Architectural Lighting Market - Porter's Five Forces |
3.5 Grenada Architectural Lighting Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada Architectural Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Architectural Lighting Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Grenada Architectural Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Architectural Lighting Market Trends |
6 Grenada Architectural Lighting Market, By Types |
6.1 Grenada Architectural Lighting Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada Architectural Lighting Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Grenada Architectural Lighting Market Revenues & Volume, By Ballast, 2021- 2031F |
6.1.4 Grenada Architectural Lighting Market Revenues & Volume, By Lamps, 2021- 2031F |
6.2 Grenada Architectural Lighting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Architectural Lighting Market Revenues & Volume, By Indoor, 2021- 2031F |
6.2.3 Grenada Architectural Lighting Market Revenues & Volume, By Outdoor, 2021- 2031F |
6.3 Grenada Architectural Lighting Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Grenada Architectural Lighting Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.3 Grenada Architectural Lighting Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.4 Grenada Architectural Lighting Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Grenada Architectural Lighting Market Import-Export Trade Statistics |
7.1 Grenada Architectural Lighting Market Export to Major Countries |
7.2 Grenada Architectural Lighting Market Imports from Major Countries |
8 Grenada Architectural Lighting Market Key Performance Indicators |
9 Grenada Architectural Lighting Market - Opportunity Assessment |
9.1 Grenada Architectural Lighting Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada Architectural Lighting Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Architectural Lighting Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Grenada Architectural Lighting Market - Competitive Landscape |
10.1 Grenada Architectural Lighting Market Revenue Share, By Companies, 2024 |
10.2 Grenada Architectural Lighting 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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