| Product Code: ETC7362935 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to heavily rely on imports of active sensors, with top exporting countries being Trinidad and Tobago, USA, China, Canada, and Panama. Despite a high concentration level indicated by the HHI, the market showed a notable CAGR of 8.57% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -10.38%. This data suggests a dynamic market for active sensors in Grenada, with potential shifts in trade patterns and market conditions influencing future trends.
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 Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Active Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Active Sensor Market - Industry Life Cycle |
3.4 Grenada Active Sensor Market - Porter's Five Forces |
3.5 Grenada Active Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Active Sensor Market Revenues & Volume Share, By Embedded Sensor, 2021 & 2031F |
3.7 Grenada Active Sensor Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Grenada Active Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Active Sensor Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Active Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Active Sensor Market Trends |
6 Grenada Active Sensor Market, By Types |
6.1 Grenada Active Sensor Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Active Sensor Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Grenada Active Sensor Market Revenues & Volume, By Ultrasonic Sensor, 2021- 2031F |
6.1.4 Grenada Active Sensor Market Revenues & Volume, By Microwave Sensor, 2021- 2031F |
6.1.5 Grenada Active Sensor Market Revenues & Volume, By Tomographic Sensor, 2021- 2031F |
6.2 Grenada Active Sensor Market, By Embedded Sensor |
6.2.1 Overview and Analysis |
6.2.2 Grenada Active Sensor Market Revenues & Volume, By MEMS Accelerometer, 2021- 2031F |
6.2.3 Grenada Active Sensor Market Revenues & Volume, By MEMS Gyroscope, 2021- 2031F |
6.2.4 Grenada Active Sensor Market Revenues & Volume, By MEMS Magnetometer, 2021- 2031F |
6.2.5 Grenada Active Sensor Market Revenues & Volume, By Sensor Combos, 2021- 2031F |
6.3 Grenada Active Sensor Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Grenada Active Sensor Market Revenues & Volume, By Fully?Automatic, 2021- 2031F |
6.3.3 Grenada Active Sensor Market Revenues & Volume, By Semi?Automatic, 2021- 2031F |
6.4 Grenada Active Sensor Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Active Sensor Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.4.3 Grenada Active Sensor Market Revenues & Volume, By Automotive Application, 2021- 2031F |
6.4.4 Grenada Active Sensor Market Revenues & Volume, By Industrial Application, 2021- 2031F |
6.4.5 Grenada Active Sensor Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.4.6 Grenada Active Sensor Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.7 Grenada Active Sensor Market Revenues & Volume, By Residential, 2021- 2031F |
6.5 Grenada Active Sensor Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Grenada Active Sensor Market Revenues & Volume, By Mining, 2021- 2031F |
6.5.3 Grenada Active Sensor Market Revenues & Volume, By Engineering and Construction, 2021- 2031F |
6.5.4 Grenada Active Sensor Market Revenues & Volume, By Defence and Security, 2021- 2031F |
6.5.5 Grenada Active Sensor Market Revenues & Volume, By Media and Entertainment, 2021- 2031F |
6.5.6 Grenada Active Sensor Market Revenues & Volume, By Travel and Tourism, 2021- 2031F |
6.5.7 Grenada Active Sensor Market Revenues & Volume, By Military, 2021- 2031F |
7 Grenada Active Sensor Market Import-Export Trade Statistics |
7.1 Grenada Active Sensor Market Export to Major Countries |
7.2 Grenada Active Sensor Market Imports from Major Countries |
8 Grenada Active Sensor Market Key Performance Indicators |
9 Grenada Active Sensor Market - Opportunity Assessment |
9.1 Grenada Active Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Active Sensor Market Opportunity Assessment, By Embedded Sensor, 2021 & 2031F |
9.3 Grenada Active Sensor Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Grenada Active Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Active Sensor Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Active Sensor Market - Competitive Landscape |
10.1 Grenada Active Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Active Sensor 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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