| Product Code: ETC5876625 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The connected car import shipments to Grenada in 2024 saw a significant increase in concentration, indicating a more dominant market presence of top exporting countries like Japan, South Korea, India, Trinidad and Tobago, and the UK. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 15.55%. This trend suggests a continued interest and investment in connected car technology in Grenada, with key players solidifying their positions in the market.
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 Connected Car Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Connected Car Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Connected Car Market - Industry Life Cycle |
3.4 Grenada Connected Car Market - Porter's Five Forces |
3.5 Grenada Connected Car Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Connected Car Market Revenues & Volume Share, By Connectivity Solutions, 2021 & 2031F |
3.7 Grenada Connected Car Market Revenues & Volume Share, By End Market, 2021 & 2031F |
4 Grenada Connected Car Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for real-time vehicle tracking and monitoring |
4.2.2 Growing awareness about the benefits of connected car technology in improving road safety |
4.2.3 Government initiatives promoting the adoption of connected car solutions |
4.3 Market Restraints |
4.3.1 High initial cost of connected car systems |
4.3.2 Concerns about data privacy and security |
4.3.3 Limited availability of advanced infrastructure to support connected car technology in Grenada |
5 Grenada Connected Car Market Trends |
6 Grenada Connected Car Market Segmentations |
6.1 Grenada Connected Car Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Connected Car Market Revenues & Volume, By 3G, 2021-2031F |
6.1.3 Grenada Connected Car Market Revenues & Volume, By 4G/LTE, 2021-2031F |
6.1.4 Grenada Connected Car Market Revenues & Volume, By 5G, 2021-2031F |
6.2 Grenada Connected Car Market, By Connectivity Solutions |
6.2.1 Overview and Analysis |
6.2.2 Grenada Connected Car Market Revenues & Volume, By Integrated, 2021-2031F |
6.2.3 Grenada Connected Car Market Revenues & Volume, By Embedded, 2021-2031F |
6.2.4 Grenada Connected Car Market Revenues & Volume, By Tethered, 2021-2031F |
6.3 Grenada Connected Car Market, By End Market |
6.3.1 Overview and Analysis |
6.3.2 Grenada Connected Car Market Revenues & Volume, By Original Equipment Manufacturer (OEMs), 2021-2031F |
6.3.3 Grenada Connected Car Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Grenada Connected Car Market Import-Export Trade Statistics |
7.1 Grenada Connected Car Market Export to Major Countries |
7.2 Grenada Connected Car Market Imports from Major Countries |
8 Grenada Connected Car Market Key Performance Indicators |
8.1 Average daily usage of connected car features per vehicle |
8.2 Number of road accidents prevented or minimized due to connected car technology |
8.3 Percentage increase in the adoption rate of connected car systems among vehicle owners in Grenada |
9 Grenada Connected Car Market - Opportunity Assessment |
9.1 Grenada Connected Car Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Connected Car Market Opportunity Assessment, By Connectivity Solutions, 2021 & 2031F |
9.3 Grenada Connected Car Market Opportunity Assessment, By End Market, 2021 & 2031F |
10 Grenada Connected Car Market - Competitive Landscape |
10.1 Grenada Connected Car Market Revenue Share, By Companies, 2024 |
10.2 Grenada Connected Car 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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