| Product Code: ETC10279462 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of solar generators to Grenada in 2024 saw a significant increase in concentration, with the top countries exporting being the USA, China, Puerto Rico, UK, and Trinidad and Tobago. Despite a sharp decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 10.77%. The high concentration of import shipments in 2024 suggests a competitive market landscape, with key players vying for market share in Grenada`s solar generator sector.
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 Solar Generator Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Solar Generator Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Solar Generator Market - Industry Life Cycle |
3.4 Grenada Solar Generator Market - Porter's Five Forces |
3.5 Grenada Solar Generator Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Solar Generator Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 Grenada Solar Generator Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.8 Grenada Solar Generator Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Solar Generator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and incentives to promote renewable energy adoption in Grenada |
4.2.2 Growing awareness about the environmental benefits of solar energy and the need to reduce carbon footprint |
4.2.3 Rising electricity prices and the need for reliable and cost-effective alternative energy sources |
4.3 Market Restraints |
4.3.1 High initial installation costs associated with solar generators |
4.3.2 Limited technological advancements and availability of skilled workforce in Grenada for solar energy projects |
4.3.3 Dependence on imported solar equipment and components leading to supply chain disruptions |
5 Grenada Solar Generator Market Trends |
6 Grenada Solar Generator Market, By Types |
6.1 Grenada Solar Generator Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Solar Generator Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Solar Generator Market Revenues & Volume, By Portable, 2021 - 2031F |
6.1.4 Grenada Solar Generator Market Revenues & Volume, By Standalone, 2021 - 2031F |
6.1.5 Grenada Solar Generator Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.1.6 Grenada Solar Generator Market Revenues & Volume, By Grid Tied, 2021 - 2031F |
6.2 Grenada Solar Generator Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 Grenada Solar Generator Market Revenues & Volume, By |
6.2.3 Grenada Solar Generator Market Revenues & Volume, By 1 10 kW, 2021 - 2031F |
6.2.4 Grenada Solar Generator Market Revenues & Volume, By 10 50 kW, 2021 - 2031F |
6.2.5 Grenada Solar Generator Market Revenues & Volume, By >50 kW, 2021 - 2031F |
6.3 Grenada Solar Generator Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Solar Generator Market Revenues & Volume, By Lithium ion, 2021 - 2031F |
6.3.3 Grenada Solar Generator Market Revenues & Volume, By Lead Acid, 2021 - 2031F |
6.3.4 Grenada Solar Generator Market Revenues & Volume, By Flow Battery, 2021 - 2031F |
6.3.5 Grenada Solar Generator Market Revenues & Volume, By Solid State, 2021 - 2031F |
6.4 Grenada Solar Generator Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Solar Generator Market Revenues & Volume, By Camping, 2021 - 2031F |
6.4.3 Grenada Solar Generator Market Revenues & Volume, By Residential Backup, 2021 - 2031F |
6.4.4 Grenada Solar Generator Market Revenues & Volume, By Industrial Use, 2021 - 2031F |
6.4.5 Grenada Solar Generator Market Revenues & Volume, By Commercial, 2021 - 2031F |
7 Grenada Solar Generator Market Import-Export Trade Statistics |
7.1 Grenada Solar Generator Market Export to Major Countries |
7.2 Grenada Solar Generator Market Imports from Major Countries |
8 Grenada Solar Generator Market Key Performance Indicators |
8.1 Average cost per watt of solar energy installation in Grenada |
8.2 Number of solar energy projects initiated or completed annually |
8.3 Percentage of electricity generated from solar energy sources in Grenada |
9 Grenada Solar Generator Market - Opportunity Assessment |
9.1 Grenada Solar Generator Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Solar Generator Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 Grenada Solar Generator Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.4 Grenada Solar Generator Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Solar Generator Market - Competitive Landscape |
10.1 Grenada Solar Generator Market Revenue Share, By Companies, 2024 |
10.2 Grenada Solar Generator 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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