| Product Code: ETC11342566 | 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 |
In 2024, Grenada continued to rely on imports of automotive sensors, with Trinidad and Tobago, USA, China, Canada, and Panama being the top exporting countries. Despite a high concentration level indicated by the HHI, the market saw a healthy compound annual growth rate (CAGR) of 8.57% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -10.38%. This data highlights the importance of monitoring market trends and competitiveness in the automotive sensor industry for stakeholders 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 Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Sensor Market - Industry Life Cycle |
3.4 Grenada Automotive Sensor Market - Porter's Five Forces |
3.5 Grenada Automotive Sensor Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 Grenada Automotive Sensor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Grenada Automotive Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Automotive Sensor Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Automotive Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Automotive Sensor Market Trends |
6 Grenada Automotive Sensor Market, By Types |
6.1 Grenada Automotive Sensor Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Sensor Market Revenues & Volume, By Sensor Type, 2021 - 2031F |
6.1.3 Grenada Automotive Sensor Market Revenues & Volume, By Temperature Sensors, 2021 - 2031F |
6.1.4 Grenada Automotive Sensor Market Revenues & Volume, By Pressure Sensors, 2021 - 2031F |
6.1.5 Grenada Automotive Sensor Market Revenues & Volume, By Position Sensors, 2021 - 2031F |
6.1.6 Grenada Automotive Sensor Market Revenues & Volume, By Speed Sensors, 2021 - 2031F |
6.2 Grenada Automotive Sensor Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Sensor Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.2.3 Grenada Automotive Sensor Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3 Grenada Automotive Sensor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Sensor Market Revenues & Volume, By Powertrain, 2021 - 2031F |
6.3.3 Grenada Automotive Sensor Market Revenues & Volume, By Safety & Security, 2021 - 2031F |
6.3.4 Grenada Automotive Sensor Market Revenues & Volume, By Body Electronics, 2021 - 2031F |
6.3.5 Grenada Automotive Sensor Market Revenues & Volume, By Telematics, 2021 - 2031F |
6.4 Grenada Automotive Sensor Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Automotive Sensor Market Revenues & Volume, By OEM, 2021 - 2031F |
6.4.3 Grenada Automotive Sensor Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
7 Grenada Automotive Sensor Market Import-Export Trade Statistics |
7.1 Grenada Automotive Sensor Market Export to Major Countries |
7.2 Grenada Automotive Sensor Market Imports from Major Countries |
8 Grenada Automotive Sensor Market Key Performance Indicators |
9 Grenada Automotive Sensor Market - Opportunity Assessment |
9.1 Grenada Automotive Sensor Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 Grenada Automotive Sensor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Grenada Automotive Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Automotive Sensor Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Automotive Sensor Market - Competitive Landscape |
10.1 Grenada Automotive Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive 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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