| Product Code: ETC7364294 | 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 see a high concentration of automation instrumentation imports, with the top exporting countries being the USA, Panama, Puerto Rico, Trinidad and Tobago, and Switzerland. Despite a notable decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 13.18%. This data suggests a stable market for automation instrumentation in Grenada, with key players maintaining their presence and contributing to the country`s industrial development.
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 Instrumentation Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automation Instrumentation Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automation Instrumentation Market - Industry Life Cycle |
3.4 Grenada Automation Instrumentation Market - Porter's Five Forces |
3.5 Grenada Automation Instrumentation Market Revenues & Volume Share, By Instrument, 2021 & 2031F |
3.6 Grenada Automation Instrumentation Market Revenues & Volume Share, By Solution, 2021 & 2031F |
3.7 Grenada Automation Instrumentation Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Grenada Automation Instrumentation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.2 Growing focus on improving operational efficiency and reducing production costs |
4.2.3 Technological advancements in automation and instrumentation technologies |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing automation and instrumentation solutions |
4.3.2 Lack of skilled workforce to effectively operate and maintain automation systems |
4.3.3 Concerns regarding data security and privacy in automated systems |
5 Grenada Automation Instrumentation Market Trends |
6 Grenada Automation Instrumentation Market, By Types |
6.1 Grenada Automation Instrumentation Market, By Instrument |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automation Instrumentation Market Revenues & Volume, By Instrument, 2021- 2031F |
6.1.3 Grenada Automation Instrumentation Market Revenues & Volume, By Field Instruments, 2021- 2031F |
6.1.4 Grenada Automation Instrumentation Market Revenues & Volume, By Process Analyzers, 2021- 2031F |
6.2 Grenada Automation Instrumentation Market, By Solution |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automation Instrumentation Market Revenues & Volume, By PLC, 2021- 2031F |
6.2.3 Grenada Automation Instrumentation Market Revenues & Volume, By DCS, 2021- 2031F |
6.2.4 Grenada Automation Instrumentation Market Revenues & Volume, By SCADA, 2021- 2031F |
6.2.5 Grenada Automation Instrumentation Market Revenues & Volume, By HMI, 2021- 2031F |
6.2.6 Grenada Automation Instrumentation Market Revenues & Volume, By Functional Safety, 2021- 2031F |
6.2.7 Grenada Automation Instrumentation Market Revenues & Volume, By MES, 2021- 2031F |
6.3 Grenada Automation Instrumentation Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automation Instrumentation Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Grenada Automation Instrumentation Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.3.4 Grenada Automation Instrumentation Market Revenues & Volume, By Pulp & Paper, 2021- 2031F |
6.3.5 Grenada Automation Instrumentation Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.6 Grenada Automation Instrumentation Market Revenues & Volume, By Metals & Mining, 2021- 2031F |
6.3.7 Grenada Automation Instrumentation Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.3.8 Grenada Automation Instrumentation Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Grenada Automation Instrumentation Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Automation Instrumentation Market Import-Export Trade Statistics |
7.1 Grenada Automation Instrumentation Market Export to Major Countries |
7.2 Grenada Automation Instrumentation Market Imports from Major Countries |
8 Grenada Automation Instrumentation Market Key Performance Indicators |
8.1 Number of new automation projects initiated in Grenada |
8.2 Adoption rate of advanced automation technologies in key industries |
8.3 Percentage increase in productivity and efficiency achieved through automation implementations |
9 Grenada Automation Instrumentation Market - Opportunity Assessment |
9.1 Grenada Automation Instrumentation Market Opportunity Assessment, By Instrument, 2021 & 2031F |
9.2 Grenada Automation Instrumentation Market Opportunity Assessment, By Solution, 2021 & 2031F |
9.3 Grenada Automation Instrumentation Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Grenada Automation Instrumentation Market - Competitive Landscape |
10.1 Grenada Automation Instrumentation Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automation Instrumentation 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.
To discover high-growth global markets and optimize your business strategy:
Click Here