| Product Code: ETC7364751 | 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 continued to rely heavily on automotive torque converter imports from top countries including the USA, UAE, Japan, Trinidad and Tobago, and UK. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 7.99%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the dominance of key exporting countries in supplying torque converters to Grenada. This data suggests a stable but concentrated market for automotive torque converters 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 Torque Converter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Torque Converter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Torque Converter Market - Industry Life Cycle |
3.4 Grenada Automotive Torque Converter Market - Porter's Five Forces |
3.5 Grenada Automotive Torque Converter Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.6 Grenada Automotive Torque Converter Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Grenada Automotive Torque Converter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automatic transmission vehicles in Grenada |
4.2.2 Growth in the automotive industry and production of vehicles in the region |
4.2.3 Technological advancements leading to the adoption of efficient torque converters |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from substitute technologies like continuously variable transmissions (CVT) |
4.3.3 Economic uncertainties affecting consumer purchasing power in Grenada |
5 Grenada Automotive Torque Converter Market Trends |
6 Grenada Automotive Torque Converter Market, By Types |
6.1 Grenada Automotive Torque Converter Market, By Transmission Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Torque Converter Market Revenues & Volume, By Transmission Type, 2021- 2031F |
6.1.3 Grenada Automotive Torque Converter Market Revenues & Volume, By AMT, 2021- 2031F |
6.1.4 Grenada Automotive Torque Converter Market Revenues & Volume, By DCT, 2021- 2031F |
6.1.5 Grenada Automotive Torque Converter Market Revenues & Volume, By CVT, 2021- 2031F |
6.1.6 Grenada Automotive Torque Converter Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Automotive Torque Converter Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Torque Converter Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 Grenada Automotive Torque Converter Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
7 Grenada Automotive Torque Converter Market Import-Export Trade Statistics |
7.1 Grenada Automotive Torque Converter Market Export to Major Countries |
7.2 Grenada Automotive Torque Converter Market Imports from Major Countries |
8 Grenada Automotive Torque Converter Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles using torque converters in Grenada |
8.2 Adoption rate of automatic transmission vehicles in the market |
8.3 Average lifespan of torque converters used in vehicles in Grenada |
8.4 Rate of technological advancement and integration of new features in torque converters |
8.5 Maintenance and repair costs associated with torque converters in the market |
9 Grenada Automotive Torque Converter Market - Opportunity Assessment |
9.1 Grenada Automotive Torque Converter Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.2 Grenada Automotive Torque Converter Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Grenada Automotive Torque Converter Market - Competitive Landscape |
10.1 Grenada Automotive Torque Converter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Torque Converter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |