| Product Code: ETC5405824 | 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 key import sources for its air traffic control equipment, with the USA, UK, China, Trinidad and Tobago, and Germany leading the way. Despite a significant decline in growth rate from 2023 to 2024, the industry maintained a high concentration level, indicating a competitive market environment. The impressive compound annual growth rate (CAGR) of 13.51% from 2020 to 2024 highlights the steady demand for ATC equipment in Grenada, suggesting opportunities for further expansion and technological advancement 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 Air Traffic Control (ATC) Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Air Traffic Control (ATC) Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Air Traffic Control (ATC) Equipment Market - Industry Life Cycle |
3.4 Grenada Air Traffic Control (ATC) Equipment Market - Porter's Five Forces |
3.5 Grenada Air Traffic Control (ATC) Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Grenada Air Traffic Control (ATC) Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing air traffic in Grenada |
4.2.2 Modernization and upgrade of existing air traffic control systems |
4.2.3 Government investments in aviation infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing advanced ATC equipment |
4.3.2 Technical complexities and interoperability issues with existing systems |
4.3.3 Regulatory and compliance challenges in the aviation sector |
5 Grenada Air Traffic Control (ATC) Equipment Market Trends |
6 Grenada Air Traffic Control (ATC) Equipment Market Segmentations |
6.1 Grenada Air Traffic Control (ATC) Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Air Traffic Control (ATC) Equipment Market Revenues & Volume, By Communications Equipment, 2021-2031F |
6.1.3 Grenada Air Traffic Control (ATC) Equipment Market Revenues & Volume, By Navigation Equipment, 2021-2031F |
6.1.4 Grenada Air Traffic Control (ATC) Equipment Market Revenues & Volume, By Surveillance Equipment, 2021-2031F |
6.1.5 Grenada Air Traffic Control (ATC) Equipment Market Revenues & Volume, By Air Traffic Control Equipment Application Outlook (USD Million, 2012 - 2021), 2021-2031F |
6.1.6 Grenada Air Traffic Control (ATC) Equipment Market Revenues & Volume, By Commercial Aircraft, 2021-2031F |
6.1.7 Grenada Air Traffic Control (ATC) Equipment Market Revenues & Volume, By Private Aircraft, 2021-2031F |
7 Grenada Air Traffic Control (ATC) Equipment Market Import-Export Trade Statistics |
7.1 Grenada Air Traffic Control (ATC) Equipment Market Export to Major Countries |
7.2 Grenada Air Traffic Control (ATC) Equipment Market Imports from Major Countries |
8 Grenada Air Traffic Control (ATC) Equipment Market Key Performance Indicators |
8.1 Percentage increase in the number of flights handled by Grenada ATC |
8.2 Average response time for resolving air traffic control issues |
8.3 Rate of adoption of new ATC technologies by Grenada aviation authorities |
9 Grenada Air Traffic Control (ATC) Equipment Market - Opportunity Assessment |
9.1 Grenada Air Traffic Control (ATC) Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Grenada Air Traffic Control (ATC) Equipment Market - Competitive Landscape |
10.1 Grenada Air Traffic Control (ATC) Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Air Traffic Control (ATC) Equipment 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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