| Product Code: ETC5896309 | 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 |
The automotive drivetrain import shipments to Grenada saw a significant increase in concentration in 2024, with the top exporting countries being USA, UAE, Trinidad and Tobago, Japan, and Jamaica. This high concentration indicates a strong market presence of these countries in supplying drivetrain components to Grenada. The impressive CAGR of 7.41% from 2020 to 2024 and a remarkable growth rate of 57.37% from 2023 to 2024 reflect a robust expansion in the import market for automotive drivetrains in Grenada, signaling opportunities for further growth and development in the sector.
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 Drivetrain Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Drivetrain Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Drivetrain Market - Industry Life Cycle |
3.4 Grenada Automotive Drivetrain Market - Porter's Five Forces |
3.5 Grenada Automotive Drivetrain Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.6 Grenada Automotive Drivetrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Grenada Automotive Drivetrain Market Revenues & Volume Share, By Electric Vehicle Drive Type, 2021 & 2031F |
4 Grenada Automotive Drivetrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Grenada |
4.2.2 Government initiatives promoting the adoption of electric vehicles |
4.2.3 Technological advancements in automotive drivetrain systems |
4.3 Market Restraints |
4.3.1 High initial cost of advanced drivetrain technologies |
4.3.2 Limited charging infrastructure for electric vehicles in Grenada |
4.3.3 Dependency on imports for key drivetrain components |
5 Grenada Automotive Drivetrain Market Trends |
6 Grenada Automotive Drivetrain Market Segmentations |
6.1 Grenada Automotive Drivetrain Market, By Drive Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Drivetrain Market Revenues & Volume, By AWD, 2021-2031F |
6.1.3 Grenada Automotive Drivetrain Market Revenues & Volume, By RWD, 2021-2031F |
6.1.4 Grenada Automotive Drivetrain Market Revenues & Volume, By FWD, 2021-2031F |
6.2 Grenada Automotive Drivetrain Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Drivetrain Market Revenues & Volume, By Passenger car, 2021-2031F |
6.2.3 Grenada Automotive Drivetrain Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 Grenada Automotive Drivetrain Market Revenues & Volume, By Buses , 2021-2031F |
6.2.5 Grenada Automotive Drivetrain Market Revenues & Volume, By Trucks, 2021-2031F |
6.3 Grenada Automotive Drivetrain Market, By Electric Vehicle Drive Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Drivetrain Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 Grenada Automotive Drivetrain Market Revenues & Volume, By PHEV, 2021-2031F |
6.3.4 Grenada Automotive Drivetrain Market Revenues & Volume, By HEV, 2021-2031F |
7 Grenada Automotive Drivetrain Market Import-Export Trade Statistics |
7.1 Grenada Automotive Drivetrain Market Export to Major Countries |
7.2 Grenada Automotive Drivetrain Market Imports from Major Countries |
8 Grenada Automotive Drivetrain Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles in Grenada |
8.2 Number of electric vehicle registrations in the country |
8.3 Investment in research and development for drivetrain technologies |
8.4 Percentage of locally sourced drivetrain components in manufacturing |
9 Grenada Automotive Drivetrain Market - Opportunity Assessment |
9.1 Grenada Automotive Drivetrain Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.2 Grenada Automotive Drivetrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Grenada Automotive Drivetrain Market Opportunity Assessment, By Electric Vehicle Drive Type, 2021 & 2031F |
10 Grenada Automotive Drivetrain Market - Competitive Landscape |
10.1 Grenada Automotive Drivetrain Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Drivetrain 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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