| Product Code: ETC7364673 | 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 |
Grenada`s automotive relay import market continues to be dominated by key exporters such as the USA, UK, China, Italy, and Puerto Rico. The market concentration, as measured by the HHI, has significantly increased from 2023 to 2024, indicating a highly concentrated market. Despite a negative CAGR of -2.54% from 2020 to 2024, the growth rate further declined by -24.14% from 2023 to 2024. This data suggests a challenging environment for automotive relay importers in Grenada, highlighting the need for strategic planning and market adaptation in the coming years.
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 Relay Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Relay Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Relay Market - Industry Life Cycle |
3.4 Grenada Automotive Relay Market - Porter's Five Forces |
3.5 Grenada Automotive Relay Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Automotive Relay Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 Grenada Automotive Relay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced automotive electronics systems |
4.2.2 Growing trend towards electric vehicles |
4.2.3 Technological advancements in automotive relay systems |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing advanced relay systems |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
5 Grenada Automotive Relay Market Trends |
6 Grenada Automotive Relay Market, By Types |
6.1 Grenada Automotive Relay Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Relay Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Automotive Relay Market Revenues & Volume, By PCB Relay, 2021- 2031F |
6.1.4 Grenada Automotive Relay Market Revenues & Volume, By Plug-in Relay, 2021- 2031F |
6.2 Grenada Automotive Relay Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Relay Market Revenues & Volume, By Locking System, 2021- 2031F |
6.2.3 Grenada Automotive Relay Market Revenues & Volume, By Engine Management Module, 2021- 2031F |
6.2.4 Grenada Automotive Relay Market Revenues & Volume, By Lamps/Lights, 2021- 2031F |
6.2.5 Grenada Automotive Relay Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Automotive Relay Market Import-Export Trade Statistics |
7.1 Grenada Automotive Relay Market Export to Major Countries |
7.2 Grenada Automotive Relay Market Imports from Major Countries |
8 Grenada Automotive Relay Market Key Performance Indicators |
8.1 Average lifespan of automotive relays |
8.2 Adoption rate of electric vehicles in Grenada |
8.3 Average downtime due to relay failures in vehicles |
9 Grenada Automotive Relay Market - Opportunity Assessment |
9.1 Grenada Automotive Relay Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Automotive Relay Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 Grenada Automotive Relay Market - Competitive Landscape |
10.1 Grenada Automotive Relay Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Relay Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |