| Product Code: ETC4799610 | 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 alarm import shipments in 2024 continued to see significant growth, with top exporting countries including the USA, Barbados, China, Trinidad and Tobago, and Ireland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 14.77%, and the growth rate from 2023 to 2024 surged by 48.09%. This data suggests a robust demand for alarm products in Grenada, with key players maintaining a strong presence in the market.
Grenada's Alarm market is anticipated to experience a stable growth rate of 0.95% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Alarm Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Alarm Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Alarm Market - Industry Life Cycle |
3.4 Grenada Alarm Market - Porter's Five Forces |
3.5 Grenada Alarm Market Revenues & Volume Share, By Offerings, 2021 & 2031F |
3.6 Grenada Alarm Market Revenues & Volume Share, By Communication Technology, 2021 & 2031F |
3.7 Grenada Alarm Market Revenues & Volume Share, By Input Signal, 2021 & 2031F |
3.8 Grenada Alarm Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Alarm Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Alarm Market Trends |
6 Grenada Alarm Market Segmentations |
6.1 Grenada Alarm Market, By Offerings |
6.1.1 Overview and Analysis |
6.1.2 Grenada Alarm Market Revenues & Volume, By System & Hardware, 2021-2031F |
6.1.3 Grenada Alarm Market Revenues & Volume, By Software, Services & Solutions, 2021-2031F |
6.2 Grenada Alarm Market, By Communication Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Alarm Market Revenues & Volume, By Cellular Wireless Network, 2021-2031F |
6.2.3 Grenada Alarm Market Revenues & Volume, By Wired Telecommunication Network, 2021-2031F |
6.2.4 Grenada Alarm Market Revenues & Volume, By Wireless Radio Network, 2021-2031F |
6.2.5 Grenada Alarm Market Revenues & Volume, By IP Network, 2021-2031F |
6.3 Grenada Alarm Market, By Input Signal |
6.3.1 Overview and Analysis |
6.3.2 Grenada Alarm Market Revenues & Volume, By Discrete, 2021-2031F |
6.3.3 Grenada Alarm Market Revenues & Volume, By Analog, 2021-2031F |
6.3.4 Grenada Alarm Market Revenues & Volume, By Protocol, 2021-2031F |
6.4 Grenada Alarm Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Grenada Alarm Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Grenada Alarm Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Grenada Alarm Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Alarm Market Import-Export Trade Statistics |
7.1 Grenada Alarm Market Export to Major Countries |
7.2 Grenada Alarm Market Imports from Major Countries |
8 Grenada Alarm Market Key Performance Indicators |
9 Grenada Alarm Market - Opportunity Assessment |
9.1 Grenada Alarm Market Opportunity Assessment, By Offerings, 2021 & 2031F |
9.2 Grenada Alarm Market Opportunity Assessment, By Communication Technology, 2021 & 2031F |
9.3 Grenada Alarm Market Opportunity Assessment, By Input Signal, 2021 & 2031F |
9.4 Grenada Alarm Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Alarm Market - Competitive Landscape |
10.1 Grenada Alarm Market Revenue Share, By Companies, 2024 |
10.2 Grenada Alarm 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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