| Product Code: ETC7364587 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s automotive MEMS sensor import market in 2024 continued to see a strong presence of top exporting countries such as the USA, Netherlands, Trinidad and Tobago, Barbados, and China. The Herfindahl-Hirschman Index (HHI) indicated a high concentration level, suggesting a competitive market landscape. With a notable compound annual growth rate (CAGR) of 7.27% from 2020 to 2024, the industry exhibited resilience and potential for further expansion. The impressive growth rate of 39.09% in 2024 highlights the increasing demand for automotive MEMS sensors in Grenada, reflecting a positive outlook for the market.
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 Micro Electro Mechanical Systems (MEMS) Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market - Industry Life Cycle |
3.4 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market - Porter's Five Forces |
3.5 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced driver assistance systems (ADAS) in vehicles |
4.2.2 Growing focus on vehicle safety and regulatory requirements |
4.2.3 Technological advancements in MEMS sensor technology |
4.3 Market Restraints |
4.3.1 High initial investment and development costs |
4.3.2 Limited awareness and adoption of MEMS sensors in automotive applications |
4.3.3 Competition from alternative sensor technologies |
5 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Trends |
6 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market, By Types |
6.1 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Tire Pressure Sensors, 2021- 2031F |
6.1.4 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Engine Oil Sensors, 2021- 2031F |
6.1.5 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Combustion Sensors, 2021- 2031F |
6.1.6 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Fuel Injection, 2021- 2031F |
6.1.7 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Fuel Pump Sensors, 2021- 2031F |
6.1.8 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Air Bag Deployment Sensors, 2021- 2031F |
6.1.9 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Fuel Rail Pressure Sensors, 2021- 2031F |
6.1.10 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Fuel Rail Pressure Sensors, 2021- 2031F |
6.2 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Advanced Driver Assistance System, 2021- 2031F |
6.2.3 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Electronic Control Unit, 2021- 2031F |
6.2.4 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Safety and Security, 2021- 2031F |
6.2.5 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By In-Car Navigation, 2021- 2031F |
6.2.6 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By OIS Cameras, 2021- 2031F |
6.2.7 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Microphone In Cabin, 2021- 2031F |
6.2.8 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Import-Export Trade Statistics |
7.1 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Export to Major Countries |
7.2 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Imports from Major Countries |
8 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Key Performance Indicators |
8.1 Average selling price (ASP) of MEMS sensors in the Grenada automotive market |
8.2 Number of new partnerships or collaborations in the MEMS sensor industry |
8.3 Adoption rate of MEMS sensors in new vehicle models in Grenada |
9 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market - Opportunity Assessment |
9.1 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market - Competitive Landscape |
10.1 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Micro Electro Mechanical Systems (MEMS) Sensor 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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