| Product Code: ETC5892984 | 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 saw a significant increase in automotive bearing import shipments, with top exporting countries being the USA, UK, Japan, China, and UAE. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 16.61% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -13.15%. This data suggests a dynamic market with potential shifts in supplier dominance and market conditions that importers in Grenada should monitor closely.
The Automotive Bearing market in Grenada is projected to grow at a stable growth rate of 1.52% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Automotive Bearing Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Bearing Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Bearing Market - Industry Life Cycle |
3.4 Grenada Automotive Bearing Market - Porter's Five Forces |
3.5 Grenada Automotive Bearing Market Revenues & Volume Share, By Bearing Type, 2021 & 2031F |
3.6 Grenada Automotive Bearing Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Grenada Automotive Bearing Market Revenues & Volume Share, By Aftermarket, 2021 & 2031F |
3.8 Grenada Automotive Bearing Market Revenues & Volume Share, By , 2021 & 2031F |
4 Grenada Automotive Bearing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles leading to higher adoption of advanced automotive bearings |
4.2.2 Growing automotive production in Grenada driving the demand for automotive bearings |
4.2.3 Technological advancements in automotive bearings leading to improved performance and durability |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production for automotive bearings |
4.3.2 Intense competition among automotive bearing manufacturers leading to pricing pressures |
4.3.3 Impact of global economic conditions on the automotive industry affecting the demand for automotive bearings |
5 Grenada Automotive Bearing Market Trends |
6 Grenada Automotive Bearing Market Segmentations |
6.1 Grenada Automotive Bearing Market, By Bearing Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Bearing Market Revenues & Volume, By Ball bearing, 2021-2031F |
6.1.3 Grenada Automotive Bearing Market Revenues & Volume, By Roller bearing , 2021-2031F |
6.1.4 Grenada Automotive Bearing Market Revenues & Volume, By others, 2021-2031F |
6.2 Grenada Automotive Bearing Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Bearing Market Revenues & Volume, By PC, 2021-2031F |
6.2.3 Grenada Automotive Bearing Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 Grenada Automotive Bearing Market Revenues & Volume, By HCV , 2021-2031F |
6.2.5 Grenada Automotive Bearing Market Revenues & Volume, By Two-wheelers, 2021-2031F |
6.3 Grenada Automotive Bearing Market, By Aftermarket |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Bearing Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.3.3 Grenada Automotive Bearing Market Revenues & Volume, By Application, 2021-2031F |
6.4 Grenada Automotive Bearing Market, By |
6.4.1 Overview and Analysis |
7 Grenada Automotive Bearing Market Import-Export Trade Statistics |
7.1 Grenada Automotive Bearing Market Export to Major Countries |
7.2 Grenada Automotive Bearing Market Imports from Major Countries |
8 Grenada Automotive Bearing Market Key Performance Indicators |
8.1 Average lifespan of automotive bearings in Grenada market |
8.2 Adoption rate of advanced automotive bearing technologies in Grenada |
8.3 Number of new automotive models launched in Grenada using specialized bearings |
8.4 Customer satisfaction levels with automotive bearings in Grenada |
8.5 Percentage of automotive manufacturers in Grenada using locally sourced bearings |
9 Grenada Automotive Bearing Market - Opportunity Assessment |
9.1 Grenada Automotive Bearing Market Opportunity Assessment, By Bearing Type, 2021 & 2031F |
9.2 Grenada Automotive Bearing Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Grenada Automotive Bearing Market Opportunity Assessment, By Aftermarket, 2021 & 2031F |
9.4 Grenada Automotive Bearing Market Opportunity Assessment, By , 2021 & 2031F |
10 Grenada Automotive Bearing Market - Competitive Landscape |
10.1 Grenada Automotive Bearing Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Bearing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |