| Product Code: ETC5837390 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely on imports of aircraft sensors, with top exporters being Trinidad and Tobago, USA, China, Canada, and Panama. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a notable compound annual growth rate (CAGR) of 8.73% from 2020 to 2024, there was a slight decline in growth rate (-9.85%) from 2023 to 2024. This data suggests a stable demand for aircraft sensors in Grenada, with room for potential market diversification strategies to mitigate concentration risks.
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 Aircraft Sensors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Aircraft Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Aircraft Sensors Market - Industry Life Cycle |
3.4 Grenada Aircraft Sensors Market - Porter's Five Forces |
3.5 Grenada Aircraft Sensors Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
3.6 Grenada Aircraft Sensors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Aircraft Sensors Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Aircraft Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced sensors in aircraft for improved safety and efficiency |
4.2.2 Technological advancements leading to the development of more sophisticated sensors |
4.2.3 Rising focus on enhancing aircraft performance and reducing maintenance costs |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing advanced sensor technologies |
4.3.2 Stringent regulatory requirements and certification processes for aircraft sensors |
4.3.3 Limited availability of skilled professionals to develop and maintain aircraft sensor systems |
5 Grenada Aircraft Sensors Market Trends |
6 Grenada Aircraft Sensors Market Segmentations |
6.1 Grenada Aircraft Sensors Market, By Aircraft Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Aircraft Sensors Market Revenues & Volume, By Fixed-wing, 2021-2031F |
6.1.3 Grenada Aircraft Sensors Market Revenues & Volume, By Rotary-wing, 2021-2031F |
6.1.4 Grenada Aircraft Sensors Market Revenues & Volume, By UAVs, 2021-2031F |
6.1.5 Grenada Aircraft Sensors Market Revenues & Volume, By AAM, 2021-2031F |
6.2 Grenada Aircraft Sensors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Aircraft Sensors Market Revenues & Volume, By Engine, 2021-2031F |
6.2.3 Grenada Aircraft Sensors Market Revenues & Volume, By Aerostructures, 2021-2031F |
6.2.4 Grenada Aircraft Sensors Market Revenues & Volume, By Fuel & Hydraulic, 2021-2031F |
6.2.5 Grenada Aircraft Sensors Market Revenues & Volume, By Cabin, 2021-2031F |
6.3 Grenada Aircraft Sensors Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Aircraft Sensors Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Grenada Aircraft Sensors Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Grenada Aircraft Sensors Market Import-Export Trade Statistics |
7.1 Grenada Aircraft Sensors Market Export to Major Countries |
7.2 Grenada Aircraft Sensors Market Imports from Major Countries |
8 Grenada Aircraft Sensors Market Key Performance Indicators |
8.1 Average sensor reliability rate per flight hour |
8.2 Number of new sensor technologies adopted by aircraft manufacturers annually |
8.3 Percentage increase in fuel efficiency attributed to sensor technology advancements |
9 Grenada Aircraft Sensors Market - Opportunity Assessment |
9.1 Grenada Aircraft Sensors Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
9.2 Grenada Aircraft Sensors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Aircraft Sensors Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Aircraft Sensors Market - Competitive Landscape |
10.1 Grenada Aircraft Sensors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Aircraft Sensors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |