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

Market Forecast By Type (Thick Film, Thin Film , Others), By End Use (Automotive & Transportation, Consumer Electronics, Industrial, IT & Telecommunication, Others) And Competitive Landscape
Product Code: ETC5112293 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Grenada Chip Resistor Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s chip resistor import market in 2024 continues to be dominated by key players such as the USA, Mexico, China, Puerto Rico, and the UK. Despite a significant negative compound annual growth rate (CAGR) of -24.38% from 2020 to 2024, there was a remarkable growth spurt in 2024 with a growth rate of 99.83% compared to the previous year. The High Herfindahl-Hirschman Index (HHI) indicates a persistently high market concentration, suggesting a competitive landscape among the top exporting countries. This dynamic market scenario highlights the evolving trends and opportunities in the chip resistor import sector for Grenada.

Chip Resistor Market: Grenada vs Top 5 Major Economies in 2027 (North America)


By 2027, the Chip Resistor market in Grenada is anticipated to reach a growth rate of 2.78%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

Chip Resistor Market: Grenada vs Top 5 Major Economies in 2027 (North America)

Grenada Chip Resistor Market Overview

The Grenada Chip Resistor Market supports the electronics industry by providing essential components for circuit boards. The market is driven by demand for compact and high-performance resistors in consumer electronics, automotive, and industrial applications.

Drivers of the market

The Chip Resistor Market in Grenada is expanding with the growing demand for miniaturized, reliable, and precise electronic components in consumer electronics, telecommunications, and automotive applications. The increased use of digital devices and electric vehicles, combined with the need for efficient and durable resistors, is a key factor contributing to the market’s growth.

Challenges of the market

The chip resistor market is growing in Grenada alongside the rise of electronic products. However, sourcing quality components and managing supply chain logistics are key challenges.

Government Policy of the market

Government support for the electronics and semiconductor industry is a key driver of the chip resistor market in Grenada. Policies focusing on skill development and research in electronics have provided a solid foundation for growth. Tax incentives for electronic component manufacturing and compliance with international standards have further bolstered this sector.

Key Highlights of the Report:

  • Grenada Chip Resistor Market Outlook
  • Market Size of Grenada Chip Resistor Market, 2024
  • Forecast of Grenada Chip Resistor Market, 2031
  • Historical Data and Forecast of Grenada Chip Resistor Revenues & Volume for the Period 2021-2031
  • Grenada Chip Resistor Market Trend Evolution
  • Grenada Chip Resistor Market Drivers and Challenges
  • Grenada Chip Resistor Price Trends
  • Grenada Chip Resistor Porter`s Five Forces
  • Grenada Chip Resistor Industry Life Cycle
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By Thick Film for the Period 2021-2031
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By Thin Film for the Period 2021-2031
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By Automotive & Transportation for the Period 2021-2031
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By Consumer Electronics for the Period 2021-2031
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By IT & Telecommunication for the Period 2021-2031
  • Historical Data and Forecast of Grenada Chip Resistor Market Revenues & Volume By Others for the Period 2021-2031
  • Grenada Chip Resistor Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End Use
  • Grenada Chip Resistor Top Companies Market Share
  • Grenada Chip Resistor Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Chip Resistor Company Profiles
  • Grenada Chip Resistor Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Chip Resistor 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 Chip Resistor Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Chip Resistor Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Chip Resistor Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Chip Resistor Market - Industry Life Cycle

3.4 Grenada Chip Resistor Market - Porter's Five Forces

3.5 Grenada Chip Resistor Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Chip Resistor Market Revenues & Volume Share, By End Use, 2021 & 2031F

4 Grenada Chip Resistor Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for electronic devices and components, driving the need for chip resistors.

4.2.2 Technological advancements leading to the development of more efficient and compact chip resistors.

4.2.3 Growing adoption of IoT devices and automotive electronics requiring chip resistors for circuit protection and signal conditioning.

4.3 Market Restraints

4.3.1 Price volatility of raw materials used in chip resistor manufacturing affecting production costs.

4.3.2 Intense competition among chip resistor manufacturers leading to pricing pressures.

4.3.3 Global economic uncertainties impacting consumer spending on electronic devices and consequently chip resistor demand.

5 Grenada Chip Resistor Market Trends

6 Grenada Chip Resistor Market Segmentations

6.1 Grenada Chip Resistor Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Chip Resistor Market Revenues & Volume, By Thick Film, 2021-2031F

6.1.3 Grenada Chip Resistor Market Revenues & Volume, By Thin Film , 2021-2031F

6.1.4 Grenada Chip Resistor Market Revenues & Volume, By Others, 2021-2031F

6.2 Grenada Chip Resistor Market, By End Use

6.2.1 Overview and Analysis

6.2.2 Grenada Chip Resistor Market Revenues & Volume, By Automotive & Transportation, 2021-2031F

6.2.3 Grenada Chip Resistor Market Revenues & Volume, By Consumer Electronics, 2021-2031F

6.2.4 Grenada Chip Resistor Market Revenues & Volume, By Industrial, 2021-2031F

6.2.5 Grenada Chip Resistor Market Revenues & Volume, By IT & Telecommunication, 2021-2031F

6.2.6 Grenada Chip Resistor Market Revenues & Volume, By Others, 2021-2031F

7 Grenada Chip Resistor Market Import-Export Trade Statistics

7.1 Grenada Chip Resistor Market Export to Major Countries

7.2 Grenada Chip Resistor Market Imports from Major Countries

8 Grenada Chip Resistor Market Key Performance Indicators

8.1 Average lead time for chip resistor production to gauge manufacturing efficiency.

8.2 Rate of new product development to assess innovation and market relevance.

8.3 Percentage of defective chip resistors to monitor quality control processes.

8.4 Customer satisfaction index to measure market perception and brand loyalty.

8.5 Environmental sustainability metrics in chip resistor manufacturing processes.

9 Grenada Chip Resistor Market - Opportunity Assessment

9.1 Grenada Chip Resistor Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Chip Resistor Market Opportunity Assessment, By End Use, 2021 & 2031F

10 Grenada Chip Resistor Market - Competitive Landscape

10.1 Grenada Chip Resistor Market Revenue Share, By Companies, 2024

10.2 Grenada Chip Resistor Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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