| Product Code: ETC7364653 | 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 rely heavily on imports of automotive power modules, with top exporters including Trinidad and Tobago, UK, USA, Areas, nes, and Belgium. Despite a concerning high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a modest 2.72%. However, the sharp decline in growth rate from 2023 to 2024 at -83.42% raises potential challenges in the market dynamics for automotive power modules in Grenada. Monitoring market trends and diversifying import sources may be crucial for sustainable growth 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 Power Modules Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Power Modules Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Power Modules Market - Industry Life Cycle |
3.4 Grenada Automotive Power Modules Market - Porter's Five Forces |
3.5 Grenada Automotive Power Modules Market Revenues & Volume Share, By Electric Propulsion, 2021 & 2031F |
3.6 Grenada Automotive Power Modules Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Grenada Automotive Power Modules Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Grenada |
4.2.2 Growing focus on reducing carbon emissions and promoting sustainable transportation solutions |
4.2.3 Technological advancements in automotive power modules leading to improved efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial costs of automotive power modules |
4.3.2 Limited availability of charging infrastructure for electric vehicles in Grenada |
5 Grenada Automotive Power Modules Market Trends |
6 Grenada Automotive Power Modules Market, By Types |
6.1 Grenada Automotive Power Modules Market, By Electric Propulsion |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Power Modules Market Revenues & Volume, By Electric Propulsion, 2021- 2031F |
6.1.3 Grenada Automotive Power Modules Market Revenues & Volume, By Full Hybrid Vehicle, 2021- 2031F |
6.1.4 Grenada Automotive Power Modules Market Revenues & Volume, By Plug-in Hybrid Vehicle, 2021- 2031F |
6.1.5 Grenada Automotive Power Modules Market Revenues & Volume, By Battery Electric Vehicle, 2021- 2031F |
6.2 Grenada Automotive Power Modules Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Power Modules Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Grenada Automotive Power Modules Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
7 Grenada Automotive Power Modules Market Import-Export Trade Statistics |
7.1 Grenada Automotive Power Modules Market Export to Major Countries |
7.2 Grenada Automotive Power Modules Market Imports from Major Countries |
8 Grenada Automotive Power Modules Market Key Performance Indicators |
8.1 Average battery life of automotive power modules |
8.2 Number of public charging stations for electric vehicles in Grenada |
8.3 Investment in research and development for automotive power modules |
9 Grenada Automotive Power Modules Market - Opportunity Assessment |
9.1 Grenada Automotive Power Modules Market Opportunity Assessment, By Electric Propulsion, 2021 & 2031F |
9.2 Grenada Automotive Power Modules Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Grenada Automotive Power Modules Market - Competitive Landscape |
10.1 Grenada Automotive Power Modules Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Power Modules 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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