| Product Code: ETC11337382 | 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 automotive passive electronic component import shipments in 2024 continued to be dominated by top exporting countries such as USA, China, Mexico, Trinidad and Tobago, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest compound annual growth rate (CAGR) of 1.92% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -75.85%. This sharp decrease in growth rate may signify challenges or fluctuations in the market dynamics impacting the import of automotive passive electronic components in Grenada.
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 Passive Electronic Component Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Passive Electronic Component Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Passive Electronic Component Market - Industry Life Cycle |
3.4 Grenada Automotive Passive Electronic Component Market - Porter's Five Forces |
3.5 Grenada Automotive Passive Electronic Component Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Automotive Passive Electronic Component Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Automotive Passive Electronic Component Market Revenues & Volume Share, By Vehicle type, 2021 & 2031F |
4 Grenada Automotive Passive Electronic Component Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Automotive Passive Electronic Component Market Trends |
6 Grenada Automotive Passive Electronic Component Market, By Types |
6.1 Grenada Automotive Passive Electronic Component Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Capacitors, 2021 - 2031F |
6.1.4 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Resistors, 2021 - 2031F |
6.1.5 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Inductors, 2021 - 2031F |
6.1.6 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Diodes, 2021 - 2031F |
6.1.7 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Transistors, 2021 - 2031F |
6.1.8 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Sensors, 2021 - 2029F |
6.2 Grenada Automotive Passive Electronic Component Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Engine Control, 2021 - 2031F |
6.2.3 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Transmission Control, 2021 - 2031F |
6.2.4 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Advanced Driver Assistance Systems (ADAS), 2021 - 2031F |
6.2.5 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Infotainment Systems, 2021 - 2031F |
6.3 Grenada Automotive Passive Electronic Component Market, By Vehicle type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Electric Vehicles (EVs), 2021 - 2031F |
6.3.5 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Hybrid Electric Vehicles (HEVs), 2021 - 2031F |
6.3.6 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Two Wheelers, 2021 - 2031F |
6.3.7 Grenada Automotive Passive Electronic Component Market Revenues & Volume, By Three Wheelers, 2021 - 2029F |
7 Grenada Automotive Passive Electronic Component Market Import-Export Trade Statistics |
7.1 Grenada Automotive Passive Electronic Component Market Export to Major Countries |
7.2 Grenada Automotive Passive Electronic Component Market Imports from Major Countries |
8 Grenada Automotive Passive Electronic Component Market Key Performance Indicators |
9 Grenada Automotive Passive Electronic Component Market - Opportunity Assessment |
9.1 Grenada Automotive Passive Electronic Component Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Automotive Passive Electronic Component Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Automotive Passive Electronic Component Market Opportunity Assessment, By Vehicle type, 2021 & 2031F |
10 Grenada Automotive Passive Electronic Component Market - Competitive Landscape |
10.1 Grenada Automotive Passive Electronic Component Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Passive Electronic Component 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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