| Product Code: ETC5911604 | 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 |
In 2024, Grenada continued to rely heavily on imports of control valves, with the top exporting countries being the USA, UK, Trinidad and Tobago, Canada, and Switzerland. The high Herfindahl-Hirschman Index (HHI) indicates a market with significant concentration among these exporters. Despite a modest compound annual growth rate (CAGR) of 1.35% from 2020 to 2024, there was a slight decline in growth from 2023 to 2024 at -3.45%. This suggests a challenging year for the control valve import market in Grenada, with potential shifts in trade dynamics impacting the industry.
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 Control Valve Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Control Valve Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Control Valve Market - Industry Life Cycle |
3.4 Grenada Control Valve Market - Porter's Five Forces |
3.5 Grenada Control Valve Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada Control Valve Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Control Valve Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Grenada Control Valve Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for industrial automation solutions in Grenada |
4.2.2 Growing emphasis on energy efficiency and sustainability in manufacturing processes |
4.2.3 Technological advancements leading to the development of more efficient control valves |
4.3 Market Restraints |
4.3.1 High initial investment required for installing control valve systems |
4.3.2 Limited awareness and adoption of advanced control valve technologies in Grenada |
5 Grenada Control Valve Market Trends |
6 Grenada Control Valve Market Segmentations |
6.1 Grenada Control Valve Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada Control Valve Market Revenues & Volume, By Actuators, 2021-2031F |
6.1.3 Grenada Control Valve Market Revenues & Volume, By Valve Body, 2021-2031F |
6.2 Grenada Control Valve Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Control Valve Market Revenues & Volume, By Rotary , 2021-2031F |
6.2.3 Grenada Control Valve Market Revenues & Volume, By Linear, 2021-2031F |
6.3 Grenada Control Valve Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Control Valve Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 Grenada Control Valve Market Revenues & Volume, By Water & Wastewater Treatment, 2021-2031F |
6.3.4 Grenada Control Valve Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.5 Grenada Control Valve Market Revenues & Volume, By Chemicals, 2021-2031F |
7 Grenada Control Valve Market Import-Export Trade Statistics |
7.1 Grenada Control Valve Market Export to Major Countries |
7.2 Grenada Control Valve Market Imports from Major Countries |
8 Grenada Control Valve Market Key Performance Indicators |
8.1 Energy savings achieved by using control valves in industrial processes |
8.2 Number of new industrial automation projects incorporating control valves in Grenada |
8.3 Rate of adoption of smart control valve technologies in manufacturing facilities |
9 Grenada Control Valve Market - Opportunity Assessment |
9.1 Grenada Control Valve Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada Control Valve Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Control Valve Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Grenada Control Valve Market - Competitive Landscape |
10.1 Grenada Control Valve Market Revenue Share, By Companies, 2024 |
10.2 Grenada Control Valve 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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