Grenada Electrical Substations Market (2025-2031) | Segmentation, Revenue, Growth, Industry, Share, Size, Forecast, Outlook, Trends, Companies, Analysis & Value

Market Forecast By Type (AIS Substation, GIS Substation, Others), By Application (Power Transmission and Distribution, Manufacturing and Processing, Others) And Competitive Landscape
Product Code: ETC5674997 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Grenada Electrical Substations Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to rely on imports of electrical substations, with top exporters including Romania, USA, Puerto Rico, Trinidad and Tobago, and the UK. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high in 2024. Despite a strong compound annual growth rate (CAGR) of 16.72% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024, dropping by -13.28%. This data suggests a dynamic and potentially challenging market environment for electrical substation imports in Grenada.

Key Highlights of the Report:

  • Grenada Electrical Substations Market Outlook
  • Market Size of Grenada Electrical Substations Market, 2024
  • Forecast of Grenada Electrical Substations Market, 2031
  • Historical Data and Forecast of Grenada Electrical Substations Revenues & Volume for the Period 2021-2031
  • Grenada Electrical Substations Market Trend Evolution
  • Grenada Electrical Substations Market Drivers and Challenges
  • Grenada Electrical Substations Price Trends
  • Grenada Electrical Substations Porter`s Five Forces
  • Grenada Electrical Substations Industry Life Cycle
  • Historical Data and Forecast of Grenada Electrical Substations Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Electrical Substations Market Revenues & Volume By AIS Substation for the Period 2021-2031
  • Historical Data and Forecast of Grenada Electrical Substations Market Revenues & Volume By GIS Substation for the Period 2021-2031
  • Historical Data and Forecast of Grenada Electrical Substations Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Grenada Electrical Substations Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Grenada Electrical Substations Market Revenues & Volume By Power Transmission and Distribution for the Period 2021-2031
  • Historical Data and Forecast of Grenada Electrical Substations Market Revenues & Volume By Manufacturing and Processing for the Period 2021-2031
  • Historical Data and Forecast of Grenada Electrical Substations Market Revenues & Volume By Others for the Period 2021-2031
  • Grenada Electrical Substations Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Grenada Electrical Substations Top Companies Market Share
  • Grenada Electrical Substations Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Electrical Substations Company Profiles
  • Grenada Electrical Substations Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Electrical Substations Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Electrical Substations Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Electrical Substations Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Electrical Substations Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Electrical Substations Market - Industry Life Cycle

3.4 Grenada Electrical Substations Market - Porter's Five Forces

3.5 Grenada Electrical Substations Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Electrical Substations Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Electrical Substations Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for reliable electricity supply in Grenada

4.2.2 Government initiatives to modernize and upgrade electrical infrastructure

4.2.3 Growth in renewable energy projects requiring new electrical substations

4.3 Market Restraints

4.3.1 Limited budget allocation for infrastructure development

4.3.2 Challenges in obtaining necessary regulatory approvals for new substations

4.3.3 Availability of skilled labor for construction and maintenance of substations

5 Grenada Electrical Substations Market Trends

6 Grenada Electrical Substations Market Segmentations

6.1 Grenada Electrical Substations Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Electrical Substations Market Revenues & Volume, By AIS Substation, 2021-2031F

6.1.3 Grenada Electrical Substations Market Revenues & Volume, By GIS Substation, 2021-2031F

6.1.4 Grenada Electrical Substations Market Revenues & Volume, By Others, 2021-2031F

6.2 Grenada Electrical Substations Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Electrical Substations Market Revenues & Volume, By Power Transmission and Distribution, 2021-2031F

6.2.3 Grenada Electrical Substations Market Revenues & Volume, By Manufacturing and Processing, 2021-2031F

6.2.4 Grenada Electrical Substations Market Revenues & Volume, By Others, 2021-2031F

7 Grenada Electrical Substations Market Import-Export Trade Statistics

7.1 Grenada Electrical Substations Market Export to Major Countries

7.2 Grenada Electrical Substations Market Imports from Major Countries

8 Grenada Electrical Substations Market Key Performance Indicators

8.1 Average age of existing electrical substations in Grenada

8.2 Percentage of renewable energy sources integrated into the grid

8.3 Distance of substations from major load centers

8.4 Average downtime of electrical substations due to maintenance issues

9 Grenada Electrical Substations Market - Opportunity Assessment

9.1 Grenada Electrical Substations Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Electrical Substations Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Electrical Substations Market - Competitive Landscape

10.1 Grenada Electrical Substations Market Revenue Share, By Companies, 2024

10.2 Grenada Electrical Substations Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All