Grenada Automotive Solenoid Market (2025-2031) | Growth, Size, Companies, Trends, Analysis, Industry, Forecast, Revenue, Outlook, Segmentation, Value & Share

Market Forecast By Vehicle Type (Passenger vehicle, Light commercial vehicle, Truck, Bus), By Electric Vehicle Type (BEV, PHEV, FCEV), By Application (Engine control and cooling system, Fuel and Emission Control, Safety and Security, Body Control and Interiors, HVAC, Other application), By Function (Fluid Control, Gas Control, Motion Control), By Valve Design (2-way valve, 3-way valve, 4-way valve, 5-way valve) And Competitive Landscape
Product Code: ETC5109500 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Grenada Automotive Solenoid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to see a significant influx of automotive solenoid import shipments, with top exporting countries including the USA, UK, Metropolitan France, Germany, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting possible challenges for new entrants. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained impressive at 20.13%. This data underscores the continued importance of these imports to Grenada`s automotive industry and highlights ongoing opportunities for market players to capitalize on this growth trend.

Key Highlights of the Report:

  • Grenada Automotive Solenoid Market Outlook
  • Market Size of Grenada Automotive Solenoid Market, 2024
  • Forecast of Grenada Automotive Solenoid Market, 2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Revenues & Volume for the Period 2021-2031
  • Grenada Automotive Solenoid Market Trend Evolution
  • Grenada Automotive Solenoid Market Drivers and Challenges
  • Grenada Automotive Solenoid Price Trends
  • Grenada Automotive Solenoid Porter`s Five Forces
  • Grenada Automotive Solenoid Industry Life Cycle
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Passenger vehicle for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Light commercial vehicle for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Truck for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Bus for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Electric Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By BEV for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By PHEV for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By FCEV for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Engine control and cooling system for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Fuel and Emission Control for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Safety and Security for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Body Control and Interiors for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By HVAC for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Other application for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Function for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Fluid Control for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Gas Control for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Motion Control for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By Valve Design for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By 2-way valve for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By 3-way valve for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By 4-way valve for the Period 2021-2031
  • Historical Data and Forecast of Grenada Automotive Solenoid Market Revenues & Volume By 5-way valve for the Period 2021-2031
  • Grenada Automotive Solenoid Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Electric Vehicle Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Function
  • Market Opportunity Assessment By Valve Design
  • Grenada Automotive Solenoid Top Companies Market Share
  • Grenada Automotive Solenoid Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Automotive Solenoid Company Profiles
  • Grenada Automotive Solenoid Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

How does 6Wresearch market report help businesses in making strategic decisions?
6Wresearch actively monitors the Grenada Automotive Solenoid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Automotive Solenoid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Do you also provide customisation in the market study?
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Solenoid Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Automotive Solenoid Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Automotive Solenoid Market - Industry Life Cycle

3.4 Grenada Automotive Solenoid Market - Porter's Five Forces

3.5 Grenada Automotive Solenoid Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

3.6 Grenada Automotive Solenoid Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F

3.7 Grenada Automotive Solenoid Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Grenada Automotive Solenoid Market Revenues & Volume Share, By Function, 2021 & 2031F

3.9 Grenada Automotive Solenoid Market Revenues & Volume Share, By Valve Design, 2021 & 2031F

4 Grenada Automotive Solenoid Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for fuel-efficient vehicles leading to the adoption of solenoid technology in automotive systems.

4.2.2 Technological advancements in automotive solenoids to enhance performance and efficiency.

4.2.3 Growing automotive production and sales in the region driving the demand for automotive solenoids.

4.3 Market Restraints

4.3.1 Volatility in raw material prices impacting the manufacturing cost of automotive solenoids.

4.3.2 Stringent government regulations related to emissions and safety standards influencing the design and production of automotive solenoids.

4.3.3 Intense competition among solenoid manufacturers leading to pricing pressure and margin constraints.

5 Grenada Automotive Solenoid Market Trends

6 Grenada Automotive Solenoid Market Segmentations

6.1 Grenada Automotive Solenoid Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 Grenada Automotive Solenoid Market Revenues & Volume, By Passenger vehicle, 2021-2031F

6.1.3 Grenada Automotive Solenoid Market Revenues & Volume, By Light commercial vehicle, 2021-2031F

6.1.4 Grenada Automotive Solenoid Market Revenues & Volume, By Truck, 2021-2031F

6.1.5 Grenada Automotive Solenoid Market Revenues & Volume, By Bus, 2021-2031F

6.2 Grenada Automotive Solenoid Market, By Electric Vehicle Type

6.2.1 Overview and Analysis

6.2.2 Grenada Automotive Solenoid Market Revenues & Volume, By BEV, 2021-2031F

6.2.3 Grenada Automotive Solenoid Market Revenues & Volume, By PHEV, 2021-2031F

6.2.4 Grenada Automotive Solenoid Market Revenues & Volume, By FCEV, 2021-2031F

6.3 Grenada Automotive Solenoid Market, By Application

6.3.1 Overview and Analysis

6.3.2 Grenada Automotive Solenoid Market Revenues & Volume, By Engine control and cooling system, 2021-2031F

6.3.3 Grenada Automotive Solenoid Market Revenues & Volume, By Fuel and Emission Control, 2021-2031F

6.3.4 Grenada Automotive Solenoid Market Revenues & Volume, By Safety and Security, 2021-2031F

6.3.5 Grenada Automotive Solenoid Market Revenues & Volume, By Body Control and Interiors, 2021-2031F

6.3.6 Grenada Automotive Solenoid Market Revenues & Volume, By HVAC, 2021-2031F

6.3.7 Grenada Automotive Solenoid Market Revenues & Volume, By Other application, 2021-2031F

6.4 Grenada Automotive Solenoid Market, By Function

6.4.1 Overview and Analysis

6.4.2 Grenada Automotive Solenoid Market Revenues & Volume, By Fluid Control, 2021-2031F

6.4.3 Grenada Automotive Solenoid Market Revenues & Volume, By Gas Control, 2021-2031F

6.4.4 Grenada Automotive Solenoid Market Revenues & Volume, By Motion Control, 2021-2031F

6.5 Grenada Automotive Solenoid Market, By Valve Design

6.5.1 Overview and Analysis

6.5.2 Grenada Automotive Solenoid Market Revenues & Volume, By 2-way valve, 2021-2031F

6.5.3 Grenada Automotive Solenoid Market Revenues & Volume, By 3-way valve, 2021-2031F

6.5.4 Grenada Automotive Solenoid Market Revenues & Volume, By 4-way valve, 2021-2031F

6.5.5 Grenada Automotive Solenoid Market Revenues & Volume, By 5-way valve, 2021-2031F

7 Grenada Automotive Solenoid Market Import-Export Trade Statistics

7.1 Grenada Automotive Solenoid Market Export to Major Countries

7.2 Grenada Automotive Solenoid Market Imports from Major Countries

8 Grenada Automotive Solenoid Market Key Performance Indicators

8.1 Average lifespan of automotive solenoids in Grenada.

8.2 Percentage of vehicles in Grenada equipped with advanced solenoid technology.

8.3 Rate of adoption of solenoid technology by automotive manufacturers in Grenada.

9 Grenada Automotive Solenoid Market - Opportunity Assessment

9.1 Grenada Automotive Solenoid Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

9.2 Grenada Automotive Solenoid Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F

9.3 Grenada Automotive Solenoid Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Grenada Automotive Solenoid Market Opportunity Assessment, By Function, 2021 & 2031F

9.5 Grenada Automotive Solenoid Market Opportunity Assessment, By Valve Design, 2021 & 2031F

10 Grenada Automotive Solenoid Market - Competitive Landscape

10.1 Grenada Automotive Solenoid Market Revenue Share, By Companies, 2024

10.2 Grenada Automotive Solenoid Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Related Report Available


×
Go to New Report No! I want to read this
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
Buy Now
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Search

Related Reports

Industry Events and Analyst Meet

Smart Home Expo 2026

Smart Home Expo 2026

Industrial Facilities Management Expo 2025

Industrial Facilities Management Expo 2025

4th Edition India Energy Conclave 2025

4th Edition India Energy Conclave 2025

Media Expo 2025

Media Expo 2025

Gas India Expo 2025

Gas India Expo 2025

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All

6WResearch In News

Read All
About Us

6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.

  • twitter logo
  • facebook logo
  • linkedin logo
Company
About Us
Events
Careers
Privacy Policy
Terms & Conditions
Delivery
Disclaimer
Contact Us
Services
ADVISORY & CONSULTING
FEASIBILITY STUDIES & BUSINESS PLAN
COMPETITORS INTELLIGENCE
CHANNEL & DISTRIBUTION STRATEGY
PROCUREMENT INTELLIGENCE
CUSTOMER BEHAVIOR ANALYSIS
BUSINESS MODELS & KEY MANAGEMENT PRACTICES
CRITICAL SUCCESS FACTORS ANALYSIS
Verticals
Aerospace and Defense
Chemicals and Materials
Semiconductor and Electronics
Power, Utility and Oil & Gas
Heavy Industry
Telecom, Information & Communication Technology
Healthcare
Automotive
Consumer Staples
Banking, Financial and Legal Services
Metals and Minerals
Media and Entertainment
Miscellaneous
Agriculture
©2025 6Wresearch, All Right Reserved