Grenada Connected (Smart) Street Lighting Market (2025-2031) | Trends, Outlook, Analysis, Growth, Companies, Value, Forecast, Segmentation, Competitive Landscape, Size & Revenue, Share, Industry

Name: Grenada Connected (Smart) Street Lighting Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Component (Hardware, Software, Services), By Connectivity (Wired, Wireless), By Sales Channel (Direct, Indirect), By End-use Industry (Government, Commercial, Industrial, Residential) And Competitive Landscape

Product Code: ETC7367569	Publication Date: Sep 2024	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Summon Dutta	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Grenada Connected (Smart) Street Lighting Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of Grenada connected (smart) street lighting in 2024 saw a significant increase in concentration, with a high Herfindahl-Hirschman Index (HHI) indicating strong dominance by top exporting countries. The top exporters to Grenada in 2024 were USA, UK, China, Spain, and Germany, with a remarkable Compound Annual Growth Rate (CAGR) of 21.98% from 2020 to 2024. The growth rate in 2024 spiked at 55.79%, reflecting the rising demand for smart street lighting solutions in Grenada. This data suggests a promising market for connected street lighting technology in the region.

Key Highlights of the Report:

Grenada Connected (Smart) Street Lighting Market Outlook
Market Size of Grenada Connected (Smart) Street Lighting Market, 2024
Forecast of Grenada Connected (Smart) Street Lighting Market, 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Revenues & Volume for the Period 2021- 2031
Grenada Connected (Smart) Street Lighting Market Trend Evolution
Grenada Connected (Smart) Street Lighting Market Drivers and Challenges
Grenada Connected (Smart) Street Lighting Price Trends
Grenada Connected (Smart) Street Lighting Porter's Five Forces
Grenada Connected (Smart) Street Lighting Industry Life Cycle
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Component for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Hardware for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Software for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Services for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Connectivity for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Wired for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Wireless for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Sales Channel for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Direct for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Indirect for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By End-use Industry for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Government for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Commercial for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Industrial for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected (Smart) Street Lighting Market Revenues & Volume By Residential for the Period 2021- 2031
Grenada Connected (Smart) Street Lighting Import Export Trade Statistics
Market Opportunity Assessment By Component
Market Opportunity Assessment By Connectivity
Market Opportunity Assessment By Sales Channel
Market Opportunity Assessment By End-use Industry
Grenada Connected (Smart) Street Lighting Top Companies Market Share
Grenada Connected (Smart) Street Lighting Competitive Benchmarking By Technical and Operational Parameters
Grenada Connected (Smart) Street Lighting Company Profiles
Grenada Connected (Smart) Street Lighting Key Strategic Recommendations

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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 Connected (Smart) Street Lighting Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Connected (Smart) Street Lighting Market - Industry Life Cycle

3.4 Grenada Connected (Smart) Street Lighting Market - Porter's Five Forces

3.5 Grenada Connected (Smart) Street Lighting Market Revenues & Volume Share, By Component, 2021 & 2031F

3.6 Grenada Connected (Smart) Street Lighting Market Revenues & Volume Share, By Connectivity, 2021 & 2031F

3.7 Grenada Connected (Smart) Street Lighting Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

3.8 Grenada Connected (Smart) Street Lighting Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

4 Grenada Connected (Smart) Street Lighting Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing focus on energy efficiency and sustainability in urban infrastructure

4.2.2 Government initiatives promoting smart city projects and infrastructure development

4.2.3 Technological advancements in IoT and connected devices for smart lighting solutions

4.3 Market Restraints

4.3.1 High initial investment and installation costs of smart street lighting systems

4.3.2 Lack of skilled workforce for installation and maintenance of smart lighting infrastructure

4.3.3 Concerns regarding data security and privacy issues with connected street lighting systems

5 Grenada Connected (Smart) Street Lighting Market Trends

6 Grenada Connected (Smart) Street Lighting Market, By Types

6.1 Grenada Connected (Smart) Street Lighting Market, By Component

6.1.1 Overview and Analysis

6.1.2 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Component, 2021- 2031F

6.1.3 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Hardware, 2021- 2031F

6.1.4 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Software, 2021- 2031F

6.1.5 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Services, 2021- 2031F

6.2 Grenada Connected (Smart) Street Lighting Market, By Connectivity

6.2.1 Overview and Analysis

6.2.2 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Wired, 2021- 2031F

6.2.3 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Wireless, 2021- 2031F

6.3 Grenada Connected (Smart) Street Lighting Market, By Sales Channel

6.3.1 Overview and Analysis

6.3.2 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Direct, 2021- 2031F

6.3.3 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Indirect, 2021- 2031F

6.4 Grenada Connected (Smart) Street Lighting Market, By End-use Industry

6.4.1 Overview and Analysis

6.4.2 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Government, 2021- 2031F

6.4.3 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Commercial, 2021- 2031F

6.4.4 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Industrial, 2021- 2031F

6.4.5 Grenada Connected (Smart) Street Lighting Market Revenues & Volume, By Residential, 2021- 2031F

7 Grenada Connected (Smart) Street Lighting Market Import-Export Trade Statistics

7.1 Grenada Connected (Smart) Street Lighting Market Export to Major Countries

7.2 Grenada Connected (Smart) Street Lighting Market Imports from Major Countries

8 Grenada Connected (Smart) Street Lighting Market Key Performance Indicators

8.1 Energy savings achieved through the implementation of connected street lighting systems

8.2 Percentage of street lights upgraded to smart lighting technology

8.3 Reduction in carbon emissions due to the use of energy-efficient smart street lighting

8.4 Number of smart city projects incorporating connected street lighting solutions

8.5 Percentage increase in public satisfaction with lighting quality and reliability

9 Grenada Connected (Smart) Street Lighting Market - Opportunity Assessment

9.1 Grenada Connected (Smart) Street Lighting Market Opportunity Assessment, By Component, 2021 & 2031F

9.2 Grenada Connected (Smart) Street Lighting Market Opportunity Assessment, By Connectivity, 2021 & 2031F

9.3 Grenada Connected (Smart) Street Lighting Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

9.4 Grenada Connected (Smart) Street Lighting Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

10 Grenada Connected (Smart) Street Lighting Market - Competitive Landscape

10.1 Grenada Connected (Smart) Street Lighting Market Revenue Share, By Companies, 2024

10.2 Grenada Connected (Smart) Street Lighting Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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