| Product Code: ETC7364453 | 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 |
In 2024, Grenada continued to rely on key exporters such as the USA, Italy, Trinidad and Tobago, UAE, and China for automotive electric HVAC compressor imports. Despite a high concentration in market share, the industry experienced a significant growth rate with a CAGR of 15.93% from 2020 to 2024. However, there was a slight decline in growth from 2023 to 2024 at -19.91%, indicating a potential shift in market dynamics. Grenada`s automotive sector remains closely tied to these leading exporting countries, showcasing a strong reliance on international trade for essential components.
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 Automotive Electric HVAC Compressor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Electric HVAC Compressor Market - Industry Life Cycle |
3.4 Grenada Automotive Electric HVAC Compressor Market - Porter's Five Forces |
3.5 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume Share, By Cooling Capacity, 2021 & 2031F |
3.6 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume Share, By Drivetrain, 2021 & 2031F |
4 Grenada Automotive Electric HVAC Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Automotive Electric HVAC Compressor Market Trends |
6 Grenada Automotive Electric HVAC Compressor Market, By Types |
6.1 Grenada Automotive Electric HVAC Compressor Market, By Cooling Capacity |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By Cooling Capacity, 2021- 2031F |
6.1.3 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By Less than 20 CC, 2021- 2031F |
6.1.4 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By 20-40 CC, 2021- 2031F |
6.1.5 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By 40-60 CC, 2021- 2031F |
6.1.6 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By More than 60 CC, 2021- 2031F |
6.2 Grenada Automotive Electric HVAC Compressor Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By LCV, 2021- 2031F |
6.2.4 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By HCV, 2021- 2031F |
6.2.5 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By Buses & Coaches, 2021- 2031F |
6.3 Grenada Automotive Electric HVAC Compressor Market, By Drivetrain |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By PHEV, 2021- 2031F |
6.3.3 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By BEV, 2021- 2031F |
6.3.4 Grenada Automotive Electric HVAC Compressor Market Revenues & Volume, By HEV, 2021- 2031F |
7 Grenada Automotive Electric HVAC Compressor Market Import-Export Trade Statistics |
7.1 Grenada Automotive Electric HVAC Compressor Market Export to Major Countries |
7.2 Grenada Automotive Electric HVAC Compressor Market Imports from Major Countries |
8 Grenada Automotive Electric HVAC Compressor Market Key Performance Indicators |
9 Grenada Automotive Electric HVAC Compressor Market - Opportunity Assessment |
9.1 Grenada Automotive Electric HVAC Compressor Market Opportunity Assessment, By Cooling Capacity, 2021 & 2031F |
9.2 Grenada Automotive Electric HVAC Compressor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Grenada Automotive Electric HVAC Compressor Market Opportunity Assessment, By Drivetrain, 2021 & 2031F |
10 Grenada Automotive Electric HVAC Compressor Market - Competitive Landscape |
10.1 Grenada Automotive Electric HVAC Compressor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Electric HVAC Compressor 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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