| Product Code: ETC7367191 | 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`s radar import market continued to show high concentration, with the top countries exporting being the USA, UK, Sint Maarten, Trinidad and Tobago, and Spain. Despite a significant negative compound annual growth rate (CAGR) of -21.54% from 2020 to 2024, the market experienced a sharp decline in growth rate from 2023 to 2024 at -61.63%. This indicates a challenging period for radar imports in Grenada, suggesting potential shifts in market dynamics and factors influencing trade patterns in the region.
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 Coherent Radar Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Coherent Radar Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Coherent Radar Market - Industry Life Cycle |
3.4 Grenada Coherent Radar Market - Porter's Five Forces |
3.5 Grenada Coherent Radar Market Revenues & Volume Share, By Platform, 2021 & 2031F |
4 Grenada Coherent Radar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced radar systems for defense and security applications |
4.2.2 Technological advancements leading to the development of more sophisticated radar systems |
4.2.3 Growing investments in the aerospace and defense sectors in Grenada |
4.3 Market Restraints |
4.3.1 High initial costs associated with the implementation of coherent radar systems |
4.3.2 Limited availability of skilled workforce for the development and maintenance of radar technologies in Grenada |
5 Grenada Coherent Radar Market Trends |
6 Grenada Coherent Radar Market, By Types |
6.1 Grenada Coherent Radar Market, By Platform |
6.1.1 Overview and Analysis |
6.1.2 Grenada Coherent Radar Market Revenues & Volume, By Platform, 2021- 2031F |
6.1.3 Grenada Coherent Radar Market Revenues & Volume, By Airborne, 2021- 2031F |
6.1.4 Grenada Coherent Radar Market Revenues & Volume, By Terrestrial, 2021- 2031F |
6.1.5 Grenada Coherent Radar Market Revenues & Volume, By Naval, 2021- 2031F |
7 Grenada Coherent Radar Market Import-Export Trade Statistics |
7.1 Grenada Coherent Radar Market Export to Major Countries |
7.2 Grenada Coherent Radar Market Imports from Major Countries |
8 Grenada Coherent Radar Market Key Performance Indicators |
8.1 Research and development expenditure in the radar technology sector in Grenada |
8.2 Number of patents filed for radar technology innovations in Grenada |
8.3 Percentage increase in government spending on defense and security technologies in Grenada |
9 Grenada Coherent Radar Market - Opportunity Assessment |
9.1 Grenada Coherent Radar Market Opportunity Assessment, By Platform, 2021 & 2031F |
10 Grenada Coherent Radar Market - Competitive Landscape |
10.1 Grenada Coherent Radar Market Revenue Share, By Companies, 2024 |
10.2 Grenada Coherent Radar 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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