| Product Code: ETC7364970 | 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 import shipments of backup power systems to Grenada saw a significant increase in concentration in 2024, with top exporting countries being the USA, UK, Trinidad and Tobago, China, and Ireland. The high concentration level indicates a strong presence of these key players in the market. Despite a slight decline in the compound annual growth rate from 2020 to 2024, the industry experienced a notable growth rate of 19.11% from 2023 to 2024. This suggests a growing demand for backup power systems in Grenada, highlighting a potential opportunity for market expansion and development in the coming years.
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 Backup power systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Backup power systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Backup power systems Market - Industry Life Cycle |
3.4 Grenada Backup power systems Market - Porter's Five Forces |
3.5 Grenada Backup power systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Backup power systems Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Grenada Backup power systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Backup power systems Market Trends |
6 Grenada Backup power systems Market, By Types |
6.1 Grenada Backup power systems Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Backup power systems Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Grenada Backup power systems Market Revenues & Volume, By backup generators, 2021- 2031F |
6.1.4 Grenada Backup power systems Market Revenues & Volume, By uninterruptible power supplies, 2021- 2031F |
6.1.5 Grenada Backup power systems Market Revenues & Volume, By UPS, 2021- 2031F |
6.2 Grenada Backup power systems Market, By End user |
6.2.1 Overview and Analysis |
6.2.2 Grenada Backup power systems Market Revenues & Volume, By residential, 2021- 2031F |
6.2.3 Grenada Backup power systems Market Revenues & Volume, By commercial, 2021- 2031F |
6.2.4 Grenada Backup power systems Market Revenues & Volume, By industrial, 2021- 2031F |
7 Grenada Backup power systems Market Import-Export Trade Statistics |
7.1 Grenada Backup power systems Market Export to Major Countries |
7.2 Grenada Backup power systems Market Imports from Major Countries |
8 Grenada Backup power systems Market Key Performance Indicators |
9 Grenada Backup power systems Market - Opportunity Assessment |
9.1 Grenada Backup power systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Backup power systems Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Grenada Backup power systems Market - Competitive Landscape |
10.1 Grenada Backup power systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Backup power systems 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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