| Product Code: ETC5113091 | 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 |
In 2024, Grenada saw a significant influx of commutator imports from key countries such as Romania, USA, Puerto Rico, Trinidad and Tobago, and the UK. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. Despite a strong compound annual growth rate (CAGR) of 16.72% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -13.28%. This data suggests a dynamic market environment for commutator imports in Grenada, with potential opportunities and challenges for market players to navigate.
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 Commutator Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Commutator Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Commutator Market - Industry Life Cycle |
3.4 Grenada Commutator Market - Porter's Five Forces |
3.5 Grenada Commutator Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada Commutator Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Commutator Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Grenada Commutator Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Commutator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles using commutators |
4.2.2 Growth in the industrial sector requiring electric motors with commutators |
4.2.3 Technological advancements leading to more efficient and reliable commutators |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of manufacturing commutators |
4.3.2 Competition from substitute products like brushless motors |
4.3.3 Regulatory challenges related to environmental standards and disposal of commutators |
5 Grenada Commutator Market Trends |
6 Grenada Commutator Market Segmentations |
6.1 Grenada Commutator Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada Commutator Market Revenues & Volume, By Groove Commutator, 2021-2031F |
6.1.3 Grenada Commutator Market Revenues & Volume, By Hook Type Commutator, 2021-2031F |
6.2 Grenada Commutator Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Commutator Market Revenues & Volume, By Household Appliances, 2021-2031F |
6.2.3 Grenada Commutator Market Revenues & Volume, By Vehicle Motor, 2021-2031F |
6.2.4 Grenada Commutator Market Revenues & Volume, By Power Tools, 2021-2031F |
6.3 Grenada Commutator Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Grenada Commutator Market Revenues & Volume, By Mechanical Commutator, 2021-2031F |
6.3.3 Grenada Commutator Market Revenues & Volume, By Half Plastic Commutator, 2021-2031F |
6.3.4 Grenada Commutator Market Revenues & Volume, By All Plastic Commutator, 2021-2031F |
6.4 Grenada Commutator Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Commutator Market Revenues & Volume, By Automotive And Transportation, 2021-2031F |
6.4.3 Grenada Commutator Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.4.4 Grenada Commutator Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Grenada Commutator Market Revenues & Volume, By Oil, 2021-2031F |
6.4.6 Grenada Commutator Market Revenues & Volume, By Gas And Mining, 2021-2031F |
6.4.7 Grenada Commutator Market Revenues & Volume, By General Manufacturing, 2021-2031F |
7 Grenada Commutator Market Import-Export Trade Statistics |
7.1 Grenada Commutator Market Export to Major Countries |
7.2 Grenada Commutator Market Imports from Major Countries |
8 Grenada Commutator Market Key Performance Indicators |
8.1 Average lifespan of commutators in the market |
8.2 Rate of adoption of greener and more sustainable commutator materials |
8.3 Number of patents filed for innovative commutator designs |
9 Grenada Commutator Market - Opportunity Assessment |
9.1 Grenada Commutator Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada Commutator Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Commutator Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Grenada Commutator Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Commutator Market - Competitive Landscape |
10.1 Grenada Commutator Market Revenue Share, By Companies, 2024 |
10.2 Grenada Commutator 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.
To discover high-growth global markets and optimize your business strategy:
Click Here