| Product Code: ETC5900698 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely on key trading partners such as the USA, Panama, Puerto Rico, Trinidad and Tobago, and Switzerland for automotive temperature sensor imports. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a high level of market concentration, as indicated by the high Herfindahl-Hirschman Index (HHI). With an impressive compound annual growth rate (CAGR) of 13.18% from 2020 to 2024, the automotive temperature sensor market in Grenada shows promising long-term potential for further development and expansion.
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 Temperature Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Temperature Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Temperature Sensor Market - Industry Life Cycle |
3.4 Grenada Automotive Temperature Sensor Market - Porter's Five Forces |
3.5 Grenada Automotive Temperature Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Automotive Temperature Sensor Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Grenada Automotive Temperature Sensor Market Revenues & Volume Share, By EVApplication, 2021 & 2031F |
4 Grenada Automotive Temperature Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles leading to the adoption of advanced temperature sensors in automotive applications. |
4.2.2 Stringent government regulations related to vehicle emissions and safety standards, driving the need for accurate temperature monitoring in vehicles. |
4.2.3 Growing automotive industry in Grenada, leading to higher demand for automotive temperature sensors. |
4.3 Market Restraints |
4.3.1 High initial investment required for the installation of advanced temperature sensor systems in vehicles. |
4.3.2 Limited availability of skilled technicians for the installation and maintenance of automotive temperature sensors. |
5 Grenada Automotive Temperature Sensor Market Trends |
6 Grenada Automotive Temperature Sensor Market Segmentations |
6.1 Grenada Automotive Temperature Sensor Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Temperature Sensor Market Revenues & Volume, By Engine, 2021-2031F |
6.1.3 Grenada Automotive Temperature Sensor Market Revenues & Volume, By Exhaust, 2021-2031F |
6.1.4 Grenada Automotive Temperature Sensor Market Revenues & Volume, By Seats, 2021-2031F |
6.2 Grenada Automotive Temperature Sensor Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Temperature Sensor Market Revenues & Volume, By Thermocouple, 2021-2031F |
6.2.3 Grenada Automotive Temperature Sensor Market Revenues & Volume, By MEMS, 2021-2031F |
6.2.4 Grenada Automotive Temperature Sensor Market Revenues & Volume, By IC Sensor, 2021-2031F |
6.3 Grenada Automotive Temperature Sensor Market, By EVApplication |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Temperature Sensor Market Revenues & Volume, By Battery, 2021-2031F |
6.3.3 Grenada Automotive Temperature Sensor Market Revenues & Volume, By Motor, 2021-2031F |
7 Grenada Automotive Temperature Sensor Market Import-Export Trade Statistics |
7.1 Grenada Automotive Temperature Sensor Market Export to Major Countries |
7.2 Grenada Automotive Temperature Sensor Market Imports from Major Countries |
8 Grenada Automotive Temperature Sensor Market Key Performance Indicators |
8.1 Average time for sensor calibration and maintenance. |
8.2 Percentage of vehicles in Grenada equipped with advanced temperature sensor systems. |
8.3 Number of new product developments and innovations in automotive temperature sensor technology. |
9 Grenada Automotive Temperature Sensor Market - Opportunity Assessment |
9.1 Grenada Automotive Temperature Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Automotive Temperature Sensor Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Grenada Automotive Temperature Sensor Market Opportunity Assessment, By EVApplication, 2021 & 2031F |
10 Grenada Automotive Temperature Sensor Market - Competitive Landscape |
10.1 Grenada Automotive Temperature Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Temperature 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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