| Product Code: ETC11515366 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The commercial hovercraft import shipments to Grenada have shown remarkable growth, with a high Herfindahl-Hirschman Index (HHI) indicating increasing market concentration. The top exporting countries in 2024 include the Dominican Republic, USA, Trinidad and Tobago, China, and Canada. The impressive Compound Annual Growth Rate (CAGR) of 46.64% from 2020 to 2024 demonstrates a thriving market. Furthermore, the exceptional growth rate of 215.67% from 2023 to 2024 highlights the rapid expansion and demand for hovercraft 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 Commercial Hovercraft Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Commercial Hovercraft Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Commercial Hovercraft Market - Industry Life Cycle |
3.4 Grenada Commercial Hovercraft Market - Porter's Five Forces |
3.5 Grenada Commercial Hovercraft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Commercial Hovercraft Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Commercial Hovercraft Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.8 Grenada Commercial Hovercraft Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Commercial Hovercraft Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Grenada Commercial Hovercraft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Commercial Hovercraft Market Trends |
6 Grenada Commercial Hovercraft Market, By Types |
6.1 Grenada Commercial Hovercraft Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Commercial Hovercraft Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Commercial Hovercraft Market Revenues & Volume, By Passenger Hovercraft, 2021 - 2031F |
6.1.4 Grenada Commercial Hovercraft Market Revenues & Volume, By Cargo Hovercraft, 2021 - 2031F |
6.1.5 Grenada Commercial Hovercraft Market Revenues & Volume, By Military Hovercraft, 2021 - 2031F |
6.1.6 Grenada Commercial Hovercraft Market Revenues & Volume, By Amphibious Hovercraft, 2021 - 2031F |
6.2 Grenada Commercial Hovercraft Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Commercial Hovercraft Market Revenues & Volume, By Tourism, 2021 - 2031F |
6.2.3 Grenada Commercial Hovercraft Market Revenues & Volume, By Logistics, 2021 - 2031F |
6.2.4 Grenada Commercial Hovercraft Market Revenues & Volume, By Defense Operations, 2021 - 2031F |
6.2.5 Grenada Commercial Hovercraft Market Revenues & Volume, By Rescue Missions, 2021 - 2031F |
6.3 Grenada Commercial Hovercraft Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Commercial Hovercraft Market Revenues & Volume, By Gasoline Engine, 2021 - 2031F |
6.3.3 Grenada Commercial Hovercraft Market Revenues & Volume, By Diesel Engine, 2021 - 2031F |
6.3.4 Grenada Commercial Hovercraft Market Revenues & Volume, By Electric Engine, 2021 - 2031F |
6.3.5 Grenada Commercial Hovercraft Market Revenues & Volume, By Turbine Engine, 2021 - 2031F |
6.4 Grenada Commercial Hovercraft Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Commercial Hovercraft Market Revenues & Volume, By Ferry Operators, 2021 - 2031F |
6.4.3 Grenada Commercial Hovercraft Market Revenues & Volume, By Shipping Companies, 2021 - 2031F |
6.4.4 Grenada Commercial Hovercraft Market Revenues & Volume, By Military, 2021 - 2031F |
6.4.5 Grenada Commercial Hovercraft Market Revenues & Volume, By Government Agencies, 2021 - 2031F |
6.5 Grenada Commercial Hovercraft Market, By Capacity |
6.5.1 Overview and Analysis |
6.5.2 Grenada Commercial Hovercraft Market Revenues & Volume, By 10-50 Seats, 2021 - 2031F |
6.5.3 Grenada Commercial Hovercraft Market Revenues & Volume, By 50-200 Tons, 2021 - 2031F |
6.5.4 Grenada Commercial Hovercraft Market Revenues & Volume, By Custom Capacity, 2021 - 2031F |
6.5.5 Grenada Commercial Hovercraft Market Revenues & Volume, By 5-20 Seats, 2021 - 2031F |
7 Grenada Commercial Hovercraft Market Import-Export Trade Statistics |
7.1 Grenada Commercial Hovercraft Market Export to Major Countries |
7.2 Grenada Commercial Hovercraft Market Imports from Major Countries |
8 Grenada Commercial Hovercraft Market Key Performance Indicators |
9 Grenada Commercial Hovercraft Market - Opportunity Assessment |
9.1 Grenada Commercial Hovercraft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Commercial Hovercraft Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Commercial Hovercraft Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.4 Grenada Commercial Hovercraft Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Commercial Hovercraft Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Grenada Commercial Hovercraft Market - Competitive Landscape |
10.1 Grenada Commercial Hovercraft Market Revenue Share, By Companies, 2024 |
10.2 Grenada Commercial Hovercraft 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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