| Product Code: ETC10480294 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s automation components import market in 2024 continued to be dominated by key exporting countries such as the USA, UK, China, Trinidad and Tobago, and Germany. Despite a significant decline in growth rate from 2023 to 2024, with a -42.4% change, the industry maintained a high level of market concentration indicated by the high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 11.29% over the period of 2020-2024 suggests a steady overall expansion of the market, offering opportunities for both local businesses and international suppliers.
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 Automation Components Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automation Components Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automation Components Market - Industry Life Cycle |
3.4 Grenada Automation Components Market - Porter's Five Forces |
3.5 Grenada Automation Components Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Automation Components Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Grenada Automation Components Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Automation Components Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Automation Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Automation Components Market Trends |
6 Grenada Automation Components Market, By Types |
6.1 Grenada Automation Components Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automation Components Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Automation Components Market Revenues & Volume, By Automation Parts, 2021 - 2031F |
6.1.4 Grenada Automation Components Market Revenues & Volume, By Control Systems, 2021 - 2031F |
6.2 Grenada Automation Components Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automation Components Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.2.3 Grenada Automation Components Market Revenues & Volume, By Logistics, 2021 - 2031F |
6.3 Grenada Automation Components Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automation Components Market Revenues & Volume, By Assembly Line, 2021 - 2031F |
6.3.3 Grenada Automation Components Market Revenues & Volume, By Material Handling, 2021 - 2031F |
6.4 Grenada Automation Components Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Grenada Automation Components Market Revenues & Volume, By Control Components, 2021 - 2031F |
6.4.3 Grenada Automation Components Market Revenues & Volume, By Automated Machinery, 2021 - 2031F |
7 Grenada Automation Components Market Import-Export Trade Statistics |
7.1 Grenada Automation Components Market Export to Major Countries |
7.2 Grenada Automation Components Market Imports from Major Countries |
8 Grenada Automation Components Market Key Performance Indicators |
9 Grenada Automation Components Market - Opportunity Assessment |
9.1 Grenada Automation Components Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Automation Components Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Grenada Automation Components Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Automation Components Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Automation Components Market - Competitive Landscape |
10.1 Grenada Automation Components Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automation 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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