| Product Code: ETC7380982 | 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 |
The import shipments of smart water meters to Grenada in 2024 saw a significant increase in growth rate, with a remarkable 349.46% surge compared to the previous year. The top exporting countries to Grenada include Metropolitan France, USA, UK, Spain, and South Africa, showcasing a diverse range of sources. Despite the high Herfindahl-Hirschman Index indicating concentrated market competition, the industry has maintained a strong Compound Annual Growth Rate (CAGR) of 7.84% from 2020 to 2024, reflecting a positive outlook for the smart water meter market 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 Smart Water Meter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Water Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Water Meter Market - Industry Life Cycle |
3.4 Grenada Smart Water Meter Market - Porter's Five Forces |
3.5 Grenada Smart Water Meter Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Smart Water Meter Market Revenues & Volume Share, By Meter Type, 2021 & 2031F |
3.7 Grenada Smart Water Meter Market Revenues & Volume Share, By Configuration Type, 2021 & 2031F |
3.8 Grenada Smart Water Meter Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.9 Grenada Smart Water Meter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Smart Water Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on water conservation and sustainable water management practices in Grenada |
4.2.2 Growing government initiatives to improve water infrastructure and reduce non-revenue water losses in the country |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing smart water metering systems |
4.3.2 Lack of skilled workforce for installation and maintenance of smart water meters in Grenada |
5 Grenada Smart Water Meter Market Trends |
6 Grenada Smart Water Meter Market, By Types |
6.1 Grenada Smart Water Meter Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Water Meter Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Smart Water Meter Market Revenues & Volume, By Electromagnetic Meter, 2021- 2031F |
6.1.4 Grenada Smart Water Meter Market Revenues & Volume, By Ultrasonic Meter, 2021- 2031F |
6.1.5 Grenada Smart Water Meter Market Revenues & Volume, By Electromechanical Meter, 2021- 2031F |
6.1.6 Grenada Smart Water Meter Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Smart Water Meter Market, By Meter Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Water Meter Market Revenues & Volume, By Smart Hot-Water Meter, 2021- 2031F |
6.2.3 Grenada Smart Water Meter Market Revenues & Volume, By Smart Cold-Water Meter, 2021- 2031F |
6.3 Grenada Smart Water Meter Market, By Configuration Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Water Meter Market Revenues & Volume, By Automated Meter Reading (AMR), 2021- 2031F |
6.3.3 Grenada Smart Water Meter Market Revenues & Volume, By Advanced Metering Infrastructure (AMI), 2021- 2031F |
6.4 Grenada Smart Water Meter Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 Grenada Smart Water Meter Market Revenues & Volume, By Meters and Accessories, 2021- 2031F |
6.4.3 Grenada Smart Water Meter Market Revenues & Volume, By IT Solutions, 2021- 2031F |
6.4.4 Grenada Smart Water Meter Market Revenues & Volume, By Communication System, 2021- 2031F |
6.5 Grenada Smart Water Meter Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Grenada Smart Water Meter Market Revenues & Volume, By Water Utilities, 2021- 2031F |
6.5.3 Grenada Smart Water Meter Market Revenues & Volume, By Commercial, 2021- 2031F |
6.5.4 Grenada Smart Water Meter Market Revenues & Volume, By Industrial, 2021- 2031F |
6.5.5 Grenada Smart Water Meter Market Revenues & Volume, By Residential, 2021- 2031F |
7 Grenada Smart Water Meter Market Import-Export Trade Statistics |
7.1 Grenada Smart Water Meter Market Export to Major Countries |
7.2 Grenada Smart Water Meter Market Imports from Major Countries |
8 Grenada Smart Water Meter Market Key Performance Indicators |
8.1 Percentage increase in water efficiency rates after the adoption of smart water metering systems |
8.2 Reduction in water leakages and non-revenue water losses post implementation of smart water meters |
8.3 Number of smart water meter installations completed within a specified timeframe |
8.4 Percentage improvement in billing accuracy and revenue collection efficiency with the use of smart water meters |
8.5 Level of customer satisfaction and engagement with the smart water metering system |
9 Grenada Smart Water Meter Market - Opportunity Assessment |
9.1 Grenada Smart Water Meter Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Smart Water Meter Market Opportunity Assessment, By Meter Type, 2021 & 2031F |
9.3 Grenada Smart Water Meter Market Opportunity Assessment, By Configuration Type, 2021 & 2031F |
9.4 Grenada Smart Water Meter Market Opportunity Assessment, By Component, 2021 & 2031F |
9.5 Grenada Smart Water Meter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Smart Water Meter Market - Competitive Landscape |
10.1 Grenada Smart Water Meter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Water Meter 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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