| Product Code: ETC4927556 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s active electronic components import market saw a notable shift in 2024, with top exporting countries including Sweden, USA, China, Jamaica, and Trinidad and Tobago. The market concentration, as measured by the HHI, remained high in 2024 following a very high concentration in the previous year. Despite a negative growth rate from 2023 to 2024, the compound annual growth rate for the period 2020-2024 was a strong 16.38%. This indicates both challenges and opportunities for players in the active electronic components industry looking to engage with the Grenadian market.
The Active Electronic Components market in Grenada is projected to grow at a stable growth rate of 1.50% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Active Electronic Components Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Active Electronic Components Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Active Electronic Components Market - Industry Life Cycle |
3.4 Grenada Active Electronic Components Market - Porter's Five Forces |
3.5 Grenada Active Electronic Components Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Active Electronic Components Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Grenada Active Electronic Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Active Electronic Components Market Trends |
6 Grenada Active Electronic Components Market Segmentations |
6.1 Grenada Active Electronic Components Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Active Electronic Components Market Revenues & Volume, By Semiconductor Devices, 2021-2031F |
6.1.3 Grenada Active Electronic Components Market Revenues & Volume, By Vacuum Tubes, 2021-2031F |
6.1.4 Grenada Active Electronic Components Market Revenues & Volume, By Display Devices, 2021-2031F |
6.1.5 Grenada Active Electronic Components Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Active Electronic Components Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Grenada Active Electronic Components Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.3 Grenada Active Electronic Components Market Revenues & Volume, By Networking & Telecommunication, 2021-2031F |
6.2.4 Grenada Active Electronic Components Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Grenada Active Electronic Components Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.6 Grenada Active Electronic Components Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.7 Grenada Active Electronic Components Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Grenada Active Electronic Components Market Import-Export Trade Statistics |
7.1 Grenada Active Electronic Components Market Export to Major Countries |
7.2 Grenada Active Electronic Components Market Imports from Major Countries |
8 Grenada Active Electronic Components Market Key Performance Indicators |
9 Grenada Active Electronic Components Market - Opportunity Assessment |
9.1 Grenada Active Electronic Components Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Active Electronic Components Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Grenada Active Electronic Components Market - Competitive Landscape |
10.1 Grenada Active Electronic Components Market Revenue Share, By Companies, 2024 |
10.2 Grenada Active Electronic Components 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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