| Product Code: ETC7383739 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of water-based heating and cooling systems, with top exporting countries being the USA, UK, Spain, Areas, nes, and Lebanon. Despite a high concentration of imports, the industry saw significant growth with a CAGR of 31.65% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -84.9%, suggesting potential fluctuations in the market that importers should be mindful of in the coming years.
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 Water-Based Heating and Cooling Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Water-Based Heating and Cooling Systems Market - Industry Life Cycle |
3.4 Grenada Water-Based Heating and Cooling Systems Market - Porter's Five Forces |
3.5 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume Share, By Cooling Type, 2021 & 2031F |
3.7 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume Share, By End- User, 2021 & 2031F |
4 Grenada Water-Based Heating and Cooling Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating and cooling solutions in Grenada |
4.2.2 Government incentives and regulations promoting the use of sustainable technologies |
4.2.3 Growing awareness among consumers about the environmental benefits of water-based systems |
4.3 Market Restraints |
4.3.1 High initial installation costs of water-based heating and cooling systems |
4.3.2 Limited availability of skilled professionals for system installation and maintenance |
4.3.3 Concerns regarding the reliability and performance of water-based systems in extreme weather conditions |
5 Grenada Water-Based Heating and Cooling Systems Market Trends |
6 Grenada Water-Based Heating and Cooling Systems Market, By Types |
6.1 Grenada Water-Based Heating and Cooling Systems Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Heat Pump, 2021- 2031F |
6.1.4 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Convector Heater, 2021- 2031F |
6.1.5 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Radiator, 2021- 2031F |
6.1.6 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Boiler, 2021- 2031F |
6.1.7 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Chiller, 2021- 2031F |
6.1.8 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By AHU, 2021- 2031F |
6.1.9 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Expantion Tank, 2021- 2031F |
6.1.10 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Expantion Tank, 2021- 2031F |
6.2 Grenada Water-Based Heating and Cooling Systems Market, By Cooling Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Direct Cooling, 2021- 2031F |
6.2.3 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Indirect Cooling, 2021- 2031F |
6.3 Grenada Water-Based Heating and Cooling Systems Market, By End- User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada Water-Based Heating and Cooling Systems Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Grenada Water-Based Heating and Cooling Systems Market Import-Export Trade Statistics |
7.1 Grenada Water-Based Heating and Cooling Systems Market Export to Major Countries |
7.2 Grenada Water-Based Heating and Cooling Systems Market Imports from Major Countries |
8 Grenada Water-Based Heating and Cooling Systems Market Key Performance Indicators |
8.1 Energy savings achieved through the use of water-based heating and cooling systems |
8.2 Number of government projects or initiatives supporting the adoption of sustainable technologies |
8.3 Percentage increase in the number of installations of water-based systems in Grenada |
8.4 Customer satisfaction ratings and feedback on the performance of water-based systems |
8.5 Efficiency gains in heating and cooling operations with the implementation of water-based systems |
9 Grenada Water-Based Heating and Cooling Systems Market - Opportunity Assessment |
9.1 Grenada Water-Based Heating and Cooling Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada Water-Based Heating and Cooling Systems Market Opportunity Assessment, By Cooling Type, 2021 & 2031F |
9.3 Grenada Water-Based Heating and Cooling Systems Market Opportunity Assessment, By End- User, 2021 & 2031F |
10 Grenada Water-Based Heating and Cooling Systems Market - Competitive Landscape |
10.1 Grenada Water-Based Heating and Cooling Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Water-Based Heating and Cooling Systems 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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