| Product Code: ETC7382400 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely heavily on thermal energy storage imports, with top exporting countries being the USA, UK, Italy, Areas, nes, and Greece. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry saw significant growth with a CAGR of 16.6% from 2020 to 2024. However, there was a notable decline in the growth rate from 2023 to 2024 at -51.13%, suggesting potential challenges or shifts in the market dynamics for thermal energy storage imports to 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 Thermal Energy Storage Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Thermal Energy Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Thermal Energy Storage Market - Industry Life Cycle |
3.4 Grenada Thermal Energy Storage Market - Porter's Five Forces |
3.5 Grenada Thermal Energy Storage Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Thermal Energy Storage Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Thermal Energy Storage Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Thermal Energy Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Thermal Energy Storage Market Trends |
6 Grenada Thermal Energy Storage Market, By Types |
6.1 Grenada Thermal Energy Storage Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Thermal Energy Storage Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Thermal Energy Storage Market Revenues & Volume, By Sensible Heat Storage, 2021- 2031F |
6.1.4 Grenada Thermal Energy Storage Market Revenues & Volume, By Latent Heat Storage, 2021- 2031F |
6.1.5 Grenada Thermal Energy Storage Market Revenues & Volume, By Thermochemical Heat Storage, 2021- 2031F |
6.2 Grenada Thermal Energy Storage Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Thermal Energy Storage Market Revenues & Volume, By Molten Salt Technology, 2021- 2031F |
6.2.3 Grenada Thermal Energy Storage Market Revenues & Volume, By Electric Thermal Storage Heaters, 2021- 2031F |
6.2.4 Grenada Thermal Energy Storage Market Revenues & Volume, By Solar Energy Storage, 2021- 2031F |
6.2.5 Grenada Thermal Energy Storage Market Revenues & Volume, By Ice-based Technology, 2021- 2031F |
6.2.6 Grenada Thermal Energy Storage Market Revenues & Volume, By Miscibility Gap Alloy Technology, 2021- 2031F |
6.3 Grenada Thermal Energy Storage Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Thermal Energy Storage Market Revenues & Volume, By Process Heating & Cooling, 2021- 2031F |
6.3.3 Grenada Thermal Energy Storage Market Revenues & Volume, By District Heating & Cooling, 2021- 2031F |
6.3.4 Grenada Thermal Energy Storage Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.3.5 Grenada Thermal Energy Storage Market Revenues & Volume, By Ice storage air-conditioning, 2021- 2031F |
6.3.6 Grenada Thermal Energy Storage Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Thermal Energy Storage Market Import-Export Trade Statistics |
7.1 Grenada Thermal Energy Storage Market Export to Major Countries |
7.2 Grenada Thermal Energy Storage Market Imports from Major Countries |
8 Grenada Thermal Energy Storage Market Key Performance Indicators |
9 Grenada Thermal Energy Storage Market - Opportunity Assessment |
9.1 Grenada Thermal Energy Storage Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Thermal Energy Storage Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Thermal Energy Storage Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Thermal Energy Storage Market - Competitive Landscape |
10.1 Grenada Thermal Energy Storage Market Revenue Share, By Companies, 2024 |
10.2 Grenada Thermal Energy Storage 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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