| Product Code: ETC7364716 | 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 saw a significant increase in automotive steering column import shipments, with top exporters including the USA, Japan, UAE, Trinidad and Tobago, and China. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market, with a continued growth trend as evidenced by the impressive compound annual growth rate (CAGR) of 33.32% from 2020 to 2024. The growth rate in 2024 alone reached 37.51%, showcasing a thriving market for automotive steering columns 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 Steering Column Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Steering Column Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Steering Column Market - Industry Life Cycle |
3.4 Grenada Automotive Steering Column Market - Porter's Five Forces |
3.5 Grenada Automotive Steering Column Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Automotive Steering Column Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Automotive Steering Column Market Revenues & Volume Share, By Pivot Alignment Type, 2021 & 2031F |
3.8 Grenada Automotive Steering Column Market Revenues & Volume Share, By Steering System Type, 2021 & 2031F |
3.9 Grenada Automotive Steering Column Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.10 Grenada Automotive Steering Column Market Revenues & Volume Share, By Column Type, 2021 & 2031F |
4 Grenada Automotive Steering Column Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in Grenada |
4.2.2 Growing focus on vehicle safety and advanced driver assistance systems (ADAS) |
4.2.3 Technological advancements in automotive steering column systems |
4.3 Market Restraints |
4.3.1 High initial costs associated with implementing advanced steering column technologies |
4.3.2 Limited availability of skilled labor for manufacturing and maintenance |
4.3.3 Fluctuating raw material prices and supply chain disruptions |
5 Grenada Automotive Steering Column Market Trends |
6 Grenada Automotive Steering Column Market, By Types |
6.1 Grenada Automotive Steering Column Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Steering Column Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Automotive Steering Column Market Revenues & Volume, By Hydraulic Power Steering Column, 2021- 2031F |
6.1.4 Grenada Automotive Steering Column Market Revenues & Volume, By Electric Power Steering Column, 2021- 2031F |
6.2 Grenada Automotive Steering Column Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Steering Column Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Grenada Automotive Steering Column Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3 Grenada Automotive Steering Column Market, By Pivot Alignment Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Steering Column Market Revenues & Volume, By Lower Pivot Tilt Steering Column, 2021- 2031F |
6.3.3 Grenada Automotive Steering Column Market Revenues & Volume, By Lower pivot Tilt and Telescopic Steering Column, 2021- 2031F |
6.3.4 Grenada Automotive Steering Column Market Revenues & Volume, By Upper pivot Tilt Steering Column, 2021- 2031F |
6.3.5 Grenada Automotive Steering Column Market Revenues & Volume, By Upper Pivot Tilt, 2021- 2031F |
6.3.6 Grenada Automotive Steering Column Market Revenues & Volume, By Telescope Steering Column, 2021- 2031F |
6.4 Grenada Automotive Steering Column Market, By Steering System Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Automotive Steering Column Market Revenues & Volume, By Manual Rack And Pinion Steering System, 2021- 2031F |
6.4.3 Grenada Automotive Steering Column Market Revenues & Volume, By Manual Worm and Roller Steering System, 2021- 2031F |
6.4.4 Grenada Automotive Steering Column Market Revenues & Volume, By Manual Recirculating Ball and Nut Steering System, 2021- 2031F |
6.4.5 Grenada Automotive Steering Column Market Revenues & Volume, By Hydraulic Power Steering System, 2021- 2031F |
6.4.6 Grenada Automotive Steering Column Market Revenues & Volume, By Electric Power Steering System, 2021- 2031F |
6.5 Grenada Automotive Steering Column Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Grenada Automotive Steering Column Market Revenues & Volume, By OEM, 2021- 2031F |
6.5.3 Grenada Automotive Steering Column Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.6 Grenada Automotive Steering Column Market, By Column Type |
6.6.1 Overview and Analysis |
6.6.2 Grenada Automotive Steering Column Market Revenues & Volume, By Power Adjustable Steering Columns, 2021- 2031F |
6.6.3 Grenada Automotive Steering Column Market Revenues & Volume, By Power one touch Adjustability Columns, 2021- 2031F |
6.6.4 Grenada Automotive Steering Column Market Revenues & Volume, By Touch Control Electronic Transmission Shifter Steering Column, 2021- 2031F |
6.6.5 Grenada Automotive Steering Column Market Revenues & Volume, By Active-Energy Absorbing Steering Columns, 2021- 2031F |
6.6.6 Grenada Automotive Steering Column Market Revenues & Volume, By Non-Adjustable Steering Columns, 2021- 2031F |
6.6.7 Grenada Automotive Steering Column Market Revenues & Volume, By Rake Adjustable Steering Columns, 2021- 2031F |
7 Grenada Automotive Steering Column Market Import-Export Trade Statistics |
7.1 Grenada Automotive Steering Column Market Export to Major Countries |
7.2 Grenada Automotive Steering Column Market Imports from Major Countries |
8 Grenada Automotive Steering Column Market Key Performance Indicators |
8.1 Adoption rate of vehicles equipped with advanced steering column systems |
8.2 Rate of regulatory compliance for safety standards in automotive steering columns |
8.3 Rate of technological innovation and integration in steering column systems |
8.4 Customer satisfaction and feedback on steering column performance |
8.5 Rate of adoption of electric power steering systems in Grenada |
9 Grenada Automotive Steering Column Market - Opportunity Assessment |
9.1 Grenada Automotive Steering Column Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Automotive Steering Column Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Automotive Steering Column Market Opportunity Assessment, By Pivot Alignment Type, 2021 & 2031F |
9.4 Grenada Automotive Steering Column Market Opportunity Assessment, By Steering System Type, 2021 & 2031F |
9.5 Grenada Automotive Steering Column Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.6 Grenada Automotive Steering Column Market Opportunity Assessment, By Column Type, 2021 & 2031F |
10 Grenada Automotive Steering Column Market - Competitive Landscape |
10.1 Grenada Automotive Steering Column Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Steering Column 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.
To discover high-growth global markets and optimize your business strategy:
Click Here