| Product Code: ETC7375594 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw a significant increase in natural gas engine import shipments, with top exporting countries including Trinidad and Tobago, UK, Jamaica, USA, and Germany. The market concentration remained high, indicating strong dominance from key players. The impressive Compound Annual Growth Rate (CAGR) of 10.77% from 2020 to 2024 highlights the growing demand for natural gas engines in Grenada. The remarkable growth rate of 950.68% from 2023 to 2024 suggests a surge in import activities, potentially driven by increasing industrial and commercial needs for efficient energy solutions.
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 Natural Gas Engine Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Natural Gas Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Natural Gas Engine Market - Industry Life Cycle |
3.4 Grenada Natural Gas Engine Market - Porter's Five Forces |
3.5 Grenada Natural Gas Engine Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Grenada Natural Gas Engine Market Revenues & Volume Share, By Engine Family, 2021 & 2031F |
3.7 Grenada Natural Gas Engine Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.8 Grenada Natural Gas Engine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Natural Gas Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Natural Gas Engine Market Trends |
6 Grenada Natural Gas Engine Market, By Types |
6.1 Grenada Natural Gas Engine Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Natural Gas Engine Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Grenada Natural Gas Engine Market Revenues & Volume, By Natural Gas, 2021- 2031F |
6.1.4 Grenada Natural Gas Engine Market Revenues & Volume, By Special Gas, 2021- 2031F |
6.1.5 Grenada Natural Gas Engine Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Natural Gas Engine Market, By Engine Family |
6.2.1 Overview and Analysis |
6.2.2 Grenada Natural Gas Engine Market Revenues & Volume, By Spark Ignited Engines, 2021- 2031F |
6.2.3 Grenada Natural Gas Engine Market Revenues & Volume, By Dual Fuel Type Engine, 2021- 2031F |
6.2.4 Grenada Natural Gas Engine Market Revenues & Volume, By High Pressure Direct Injection, 2021- 2031F |
6.3 Grenada Natural Gas Engine Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 Grenada Natural Gas Engine Market Revenues & Volume, By 500 KW 800 KW, 2021- 2031F |
6.3.3 Grenada Natural Gas Engine Market Revenues & Volume, By 1000 KW 2000 KW, 2021- 2031F |
6.3.4 Grenada Natural Gas Engine Market Revenues & Volume, By 3000 KW 4500 KW), 2021- 2031F |
6.4 Grenada Natural Gas Engine Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Natural Gas Engine Market Revenues & Volume, By Natural Gas Gensets, 2021- 2031F |
6.4.3 Grenada Natural Gas Engine Market Revenues & Volume, By Natural Gas Automotive, 2021- 2031F |
6.4.4 Grenada Natural Gas Engine Market Revenues & Volume, By Decentralized Energy Generation, 2021- 2031F |
7 Grenada Natural Gas Engine Market Import-Export Trade Statistics |
7.1 Grenada Natural Gas Engine Market Export to Major Countries |
7.2 Grenada Natural Gas Engine Market Imports from Major Countries |
8 Grenada Natural Gas Engine Market Key Performance Indicators |
9 Grenada Natural Gas Engine Market - Opportunity Assessment |
9.1 Grenada Natural Gas Engine Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Grenada Natural Gas Engine Market Opportunity Assessment, By Engine Family, 2021 & 2031F |
9.3 Grenada Natural Gas Engine Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.4 Grenada Natural Gas Engine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Natural Gas Engine Market - Competitive Landscape |
10.1 Grenada Natural Gas Engine Market Revenue Share, By Companies, 2024 |
10.2 Grenada Natural Gas Engine 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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