| Product Code: ETC11529190 | 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 | |
Grenada`s import shipments of compact construction equipment show a promising trend with a CAGR of 11.42% from 2020 to 2024. The top exporting countries in 2024 include South Korea, China, UK, USA, and Barbados, indicating a diverse source of equipment. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 has shifted to moderate concentration in 2024, suggesting a more competitive market landscape. The impressive growth rate of 102.56% from 2023 to 2024 highlights the increasing demand for compact construction equipment 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 Compact Construction Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Compact Construction Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Compact Construction Equipment Market - Industry Life Cycle |
3.4 Grenada Compact Construction Equipment Market - Porter's Five Forces |
3.5 Grenada Compact Construction Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Grenada Compact Construction Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Compact Construction Equipment Market Revenues & Volume Share, By Industry, 2021 & 2031F |
3.8 Grenada Compact Construction Equipment Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.9 Grenada Compact Construction Equipment Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Compact Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Compact Construction Equipment Market Trends |
6 Grenada Compact Construction Equipment Market, By Types |
6.1 Grenada Compact Construction Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Compact Construction Equipment Market Revenues & Volume, By Equipment Type, 2021 - 2031F |
6.1.3 Grenada Compact Construction Equipment Market Revenues & Volume, By Mini Excavators, 2021 - 2031F |
6.1.4 Grenada Compact Construction Equipment Market Revenues & Volume, By Skid-Steer Loaders, 2021 - 2031F |
6.1.5 Grenada Compact Construction Equipment Market Revenues & Volume, By Compact Track Loaders, 2021 - 2031F |
6.1.6 Grenada Compact Construction Equipment Market Revenues & Volume, By Backhoe Loaders, 2021 - 2031F |
6.2 Grenada Compact Construction Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Compact Construction Equipment Market Revenues & Volume, By Landscaping, 2021 - 2031F |
6.2.3 Grenada Compact Construction Equipment Market Revenues & Volume, By Demolition, 2021 - 2031F |
6.2.4 Grenada Compact Construction Equipment Market Revenues & Volume, By Material Handling, 2021 - 2031F |
6.2.5 Grenada Compact Construction Equipment Market Revenues & Volume, By Utility Maintenance, 2021 - 2031F |
6.3 Grenada Compact Construction Equipment Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Compact Construction Equipment Market Revenues & Volume, By Residential Construction, 2021 - 2031F |
6.3.3 Grenada Compact Construction Equipment Market Revenues & Volume, By Commercial Construction, 2021 - 2031F |
6.3.4 Grenada Compact Construction Equipment Market Revenues & Volume, By Infrastructure, 2021 - 2031F |
6.3.5 Grenada Compact Construction Equipment Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.4 Grenada Compact Construction Equipment Market, By Power Source |
6.4.1 Overview and Analysis |
6.4.2 Grenada Compact Construction Equipment Market Revenues & Volume, By Diesel-Powered, 2021 - 2031F |
6.4.3 Grenada Compact Construction Equipment Market Revenues & Volume, By Electric, 2021 - 2031F |
6.4.4 Grenada Compact Construction Equipment Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.4.5 Grenada Compact Construction Equipment Market Revenues & Volume, By Hydrogen-Powered, 2021 - 2031F |
6.5 Grenada Compact Construction Equipment Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Grenada Compact Construction Equipment Market Revenues & Volume, By IoT-Enabled, 2021 - 2031F |
6.5.3 Grenada Compact Construction Equipment Market Revenues & Volume, By AI-Based Control, 2021 - 2031F |
6.5.4 Grenada Compact Construction Equipment Market Revenues & Volume, By GPS Integration, 2021 - 2031F |
6.5.5 Grenada Compact Construction Equipment Market Revenues & Volume, By Telematics, 2021 - 2031F |
7 Grenada Compact Construction Equipment Market Import-Export Trade Statistics |
7.1 Grenada Compact Construction Equipment Market Export to Major Countries |
7.2 Grenada Compact Construction Equipment Market Imports from Major Countries |
8 Grenada Compact Construction Equipment Market Key Performance Indicators |
9 Grenada Compact Construction Equipment Market - Opportunity Assessment |
9.1 Grenada Compact Construction Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Grenada Compact Construction Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Compact Construction Equipment Market Opportunity Assessment, By Industry, 2021 & 2031F |
9.4 Grenada Compact Construction Equipment Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.5 Grenada Compact Construction Equipment Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Compact Construction Equipment Market - Competitive Landscape |
10.1 Grenada Compact Construction Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Compact Construction Equipment 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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