| Product Code: ETC10526566 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Grenada consumer electronics electric motor import market saw continued dominance from top exporting countries such as the USA, Panama, Hong Kong, China, and Germany in 2024. Despite a slight decline in growth rate from 2023 to 2024, the market maintained a high level of concentration, as indicated by the high HHI. With a steady compound annual growth rate of 3.6% from 2020 to 2024, the market remains attractive for both domestic and international players looking to capitalize on the demand for electric motors 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 Consumer Electronics Electric Motor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Consumer Electronics Electric Motor Market - Industry Life Cycle |
3.4 Grenada Consumer Electronics Electric Motor Market - Porter's Five Forces |
3.5 Grenada Consumer Electronics Electric Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.6 Grenada Consumer Electronics Electric Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Consumer Electronics Electric Motor Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Consumer Electronics Electric Motor Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Consumer Electronics Electric Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient consumer electronics in Grenada |
4.2.2 Government initiatives promoting the adoption of electric motors in consumer electronics |
4.2.3 Technological advancements leading to improved performance and efficiency of electric motors |
4.3 Market Restraints |
4.3.1 High initial cost of electric motors impacting consumer adoption |
4.3.2 Limited availability of skilled workforce for maintenance and repair of electric motors in Grenada |
5 Grenada Consumer Electronics Electric Motor Market Trends |
6 Grenada Consumer Electronics Electric Motor Market, By Types |
6.1 Grenada Consumer Electronics Electric Motor Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Motor Type, 2021 - 2031F |
6.1.3 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Brushed DC Motor, 2021 - 2031F |
6.1.4 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Brushless DC Motor, 2021 - 2031F |
6.1.5 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Stepper Motor, 2021 - 2031F |
6.1.6 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Servo Motor, 2021 - 2031F |
6.1.7 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Consumer Electronics Electric Motor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Household Appliances, 2021 - 2031F |
6.2.3 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Consumer Drones, 2021 - 2031F |
6.2.4 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Smart Home Devices, 2021 - 2031F |
6.2.5 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Electric Toys, 2021 - 2031F |
6.2.6 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Wearable Electronics, 2021 - 2031F |
6.3 Grenada Consumer Electronics Electric Motor Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.4 Grenada Consumer Electronics Electric Motor Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Individual Consumers, 2021 - 2031F |
6.4.3 Grenada Consumer Electronics Electric Motor Market Revenues & Volume, By Businesses, 2021 - 2031F |
7 Grenada Consumer Electronics Electric Motor Market Import-Export Trade Statistics |
7.1 Grenada Consumer Electronics Electric Motor Market Export to Major Countries |
7.2 Grenada Consumer Electronics Electric Motor Market Imports from Major Countries |
8 Grenada Consumer Electronics Electric Motor Market Key Performance Indicators |
8.1 Energy efficiency ratings of consumer electronics utilizing electric motors |
8.2 Adoption rate of electric motors in new consumer electronic products released in Grenada |
8.3 Average lifespan of consumer electronics equipped with electric motors in Grenada |
9 Grenada Consumer Electronics Electric Motor Market - Opportunity Assessment |
9.1 Grenada Consumer Electronics Electric Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.2 Grenada Consumer Electronics Electric Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Consumer Electronics Electric Motor Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Consumer Electronics Electric Motor Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Consumer Electronics Electric Motor Market - Competitive Landscape |
10.1 Grenada Consumer Electronics Electric Motor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Consumer Electronics Electric Motor 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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