| Product Code: ETC7364728 | 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 |
Grenada`s automotive TPMS import sector continues to thrive in 2024, with key shipments originating from top exporters such as the USA, Netherlands, Trinidad and Tobago, Barbados, and China. Despite high concentration levels indicated by the HHI, the market shows robust growth, with a notable CAGR of 7.27% from 2020 to 2024. The impressive growth rate of 39.09% from 2023 to 2024 underscores the increasing demand and opportunities in the automotive TPMS market 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 TPMS Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive TPMS Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive TPMS Market - Industry Life Cycle |
3.4 Grenada Automotive TPMS Market - Porter's Five Forces |
3.5 Grenada Automotive TPMS Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Grenada Automotive TPMS Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Automotive TPMS Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Automotive TPMS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about road safety and regulations mandating the use of TPMS in vehicles |
4.2.2 Growing demand for fuel-efficient vehicles driving the adoption of TPMS for better tire pressure management |
4.2.3 Technological advancements in TPMS systems leading to improved accuracy and reliability |
4.3 Market Restraints |
4.3.1 High initial cost of TPMS installation and maintenance |
4.3.2 Lack of standardization in TPMS regulations across different regions leading to market fragmentation |
4.3.3 Limited consumer awareness and education about the benefits of TPMS systems |
5 Grenada Automotive TPMS Market Trends |
6 Grenada Automotive TPMS Market, By Types |
6.1 Grenada Automotive TPMS Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive TPMS Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Grenada Automotive TPMS Market Revenues & Volume, By Passenger Car, 2021- 2031F |
6.1.4 Grenada Automotive TPMS Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.2 Grenada Automotive TPMS Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive TPMS Market Revenues & Volume, By Direct TPMS, 2021- 2031F |
6.2.3 Grenada Automotive TPMS Market Revenues & Volume, By Indirect TPMS, 2021- 2031F |
6.3 Grenada Automotive TPMS Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive TPMS Market Revenues & Volume, By OEM, 2021- 2031F |
6.3.3 Grenada Automotive TPMS Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Grenada Automotive TPMS Market Import-Export Trade Statistics |
7.1 Grenada Automotive TPMS Market Export to Major Countries |
7.2 Grenada Automotive TPMS Market Imports from Major Countries |
8 Grenada Automotive TPMS Market Key Performance Indicators |
8.1 Average number of TPMS installations per month |
8.2 Percentage increase in TPMS installation in commercial vehicle fleets |
8.3 Rate of adoption of TPMS technology by automotive manufacturers |
9 Grenada Automotive TPMS Market - Opportunity Assessment |
9.1 Grenada Automotive TPMS Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Grenada Automotive TPMS Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Automotive TPMS Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Automotive TPMS Market - Competitive Landscape |
10.1 Grenada Automotive TPMS Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive TPMS 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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