| Product Code: ETC7373929 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of low power generator sets in Grenada saw a substantial growth trajectory in 2024, with top exporting countries being the USA, UK, China, Netherlands, and Trinidad and Tobago. Despite the high Herfindahl-Hirschman Index (HHI) indicating significant market concentration, the sector displayed impressive growth, with a remarkable Compound Annual Growth Rate (CAGR) of 25.97% from 2020 to 2024. The growth momentum continued in 2024 with a staggering growth rate of 76.91% from the previous year, showcasing a thriving market for low power generator sets in Grenada.
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 Low Power Generator Sets Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Low Power Generator Sets Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Low Power Generator Sets Market - Industry Life Cycle |
3.4 Grenada Low Power Generator Sets Market - Porter's Five Forces |
3.5 Grenada Low Power Generator Sets Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Grenada Low Power Generator Sets Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Grenada Low Power Generator Sets Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Low Power Generator Sets Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.9 Grenada Low Power Generator Sets Market Revenues & Volume Share, By Industries, 2021 & 2031F |
4 Grenada Low Power Generator Sets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and uninterrupted power supply in Grenada |
4.2.2 Growing construction and infrastructure development projects in the region |
4.2.3 Rising frequency of power outages due to natural disasters and aging grid infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with low power generator sets |
4.3.2 Limited awareness and adoption of low power generator sets in Grenada |
4.3.3 Strict government regulations and environmental policies impacting the market growth |
5 Grenada Low Power Generator Sets Market Trends |
6 Grenada Low Power Generator Sets Market, By Types |
6.1 Grenada Low Power Generator Sets Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Low Power Generator Sets Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Grenada Low Power Generator Sets Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.4 Grenada Low Power Generator Sets Market Revenues & Volume, By Gas, 2021- 2031F |
6.1.5 Grenada Low Power Generator Sets Market Revenues & Volume, By Hybrid (Hydrogen bases, CNG, LNG, Biofuels, And Others), 2021- 2031F |
6.2 Grenada Low Power Generator Sets Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Grenada Low Power Generator Sets Market Revenues & Volume, By 0-50 kVA, 2021- 2031F |
6.2.3 Grenada Low Power Generator Sets Market Revenues & Volume, By 50-150 kVA, 2021- 2031F |
6.2.4 Grenada Low Power Generator Sets Market Revenues & Volume, By 151-350 kVA, 2021- 2031F |
6.3 Grenada Low Power Generator Sets Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Low Power Generator Sets Market Revenues & Volume, By Stand-by, 2021- 2031F |
6.3.3 Grenada Low Power Generator Sets Market Revenues & Volume, By Peak Shaving, 2021- 2031F |
6.3.4 Grenada Low Power Generator Sets Market Revenues & Volume, By Prime or Continuous Power, 2021- 2031F |
6.4 Grenada Low Power Generator Sets Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Low Power Generator Sets Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.3 Grenada Low Power Generator Sets Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Grenada Low Power Generator Sets Market Revenues & Volume, By Residential, 2021- 2031F |
6.5 Grenada Low Power Generator Sets Market, By Industries |
6.5.1 Overview and Analysis |
6.5.2 Grenada Low Power Generator Sets Market Revenues & Volume, By Construction, 2021- 2031F |
6.5.3 Grenada Low Power Generator Sets Market Revenues & Volume, By Earth Moving, 2021- 2031F |
6.5.4 Grenada Low Power Generator Sets Market Revenues & Volume, By Material Handling, 2021- 2031F |
6.5.5 Grenada Low Power Generator Sets Market Revenues & Volume, By Agri-machinery, 2021- 2031F |
7 Grenada Low Power Generator Sets Market Import-Export Trade Statistics |
7.1 Grenada Low Power Generator Sets Market Export to Major Countries |
7.2 Grenada Low Power Generator Sets Market Imports from Major Countries |
8 Grenada Low Power Generator Sets Market Key Performance Indicators |
8.1 Average utilization rate of low power generator sets in Grenada |
8.2 Number of new construction projects using low power generator sets |
8.3 Frequency and duration of power outages in Grenada |
9 Grenada Low Power Generator Sets Market - Opportunity Assessment |
9.1 Grenada Low Power Generator Sets Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Grenada Low Power Generator Sets Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Grenada Low Power Generator Sets Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Low Power Generator Sets Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.5 Grenada Low Power Generator Sets Market Opportunity Assessment, By Industries, 2021 & 2031F |
10 Grenada Low Power Generator Sets Market - Competitive Landscape |
10.1 Grenada Low Power Generator Sets Market Revenue Share, By Companies, 2024 |
10.2 Grenada Low Power Generator Sets 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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