| Product Code: ETC7367011 | 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 import shipments of close-in weapon systems in 2024 were primarily sourced from the USA, Guyana, Areas NES, Barbados, and Jamaica. The market displayed a high Herfindahl-Hirschman Index (HHI) concentration, indicating limited competition among suppliers. However, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -8.76% from 2020 to 2024. The growth rate in 2024 experienced a sharp decline of -39.21% compared to the previous year, reflecting a challenging market environment for close-in weapon systems imports 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 Close-In Weapon Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Close-In Weapon Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Close-In Weapon Systems Market - Industry Life Cycle |
3.4 Grenada Close-In Weapon Systems Market - Porter's Five Forces |
3.5 Grenada Close-In Weapon Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Close-In Weapon Systems Market Revenues & Volume Share, By Platform, 2021 & 2031F |
4 Grenada Close-In Weapon Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced defense systems |
4.2.2 Rising focus on maritime security |
4.2.3 Technological advancements in close-in weapon systems |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms trade |
4.3.2 High costs associated with development and procurement of close-in weapon systems |
5 Grenada Close-In Weapon Systems Market Trends |
6 Grenada Close-In Weapon Systems Market, By Types |
6.1 Grenada Close-In Weapon Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Close-In Weapon Systems Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Close-In Weapon Systems Market Revenues & Volume, By Gun-Based, 2021- 2031F |
6.1.4 Grenada Close-In Weapon Systems Market Revenues & Volume, By Missile-Based, 2021- 2031F |
6.2 Grenada Close-In Weapon Systems Market, By Platform |
6.2.1 Overview and Analysis |
6.2.2 Grenada Close-In Weapon Systems Market Revenues & Volume, By Terrestrial, 2021- 2031F |
6.2.3 Grenada Close-In Weapon Systems Market Revenues & Volume, By Naval, 2021- 2031F |
7 Grenada Close-In Weapon Systems Market Import-Export Trade Statistics |
7.1 Grenada Close-In Weapon Systems Market Export to Major Countries |
7.2 Grenada Close-In Weapon Systems Market Imports from Major Countries |
8 Grenada Close-In Weapon Systems Market Key Performance Indicators |
8.1 Research and development investment in close-in weapon systems technology |
8.2 Number of successful deployment and integration of close-in weapon systems |
8.3 Rate of adoption of close-in weapon systems by defense forces |
8.4 Level of interoperability with other defense systems |
8.5 Frequency of upgrades and enhancements implemented on close-in weapon systems |
9 Grenada Close-In Weapon Systems Market - Opportunity Assessment |
9.1 Grenada Close-In Weapon Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Close-In Weapon Systems Market Opportunity Assessment, By Platform, 2021 & 2031F |
10 Grenada Close-In Weapon Systems Market - Competitive Landscape |
10.1 Grenada Close-In Weapon Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Close-In Weapon Systems 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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