| Product Code: ETC4930881 | 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 |
The import shipments of current measuring devices in Grenada in 2024 continued to be dominated by top exporting countries including the USA, Panama, Saint Vincent and the Grenadines, Lebanon, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. Despite a modest compound annual growth rate (CAGR) of 0.17% from 2020 to 2024, the impressive growth rate of 121.36% from 2023 to 2024 suggests a significant uptick in demand for these devices in the region.
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 Current Measuring Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Current Measuring Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Current Measuring Devices Market - Industry Life Cycle |
3.4 Grenada Current Measuring Devices Market - Porter's Five Forces |
3.5 Grenada Current Measuring Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Current Measuring Devices Market Revenues & Volume Share, By Output, 2021 & 2031F |
3.7 Grenada Current Measuring Devices Market Revenues & Volume Share, By Current, 2021 & 2031F |
3.8 Grenada Current Measuring Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Current Measuring Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Current Measuring Devices Market Trends |
6 Grenada Current Measuring Devices Market Segmentations |
6.1 Grenada Current Measuring Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Current Measuring Devices Market Revenues & Volume, By Probe Type, 2021-2031F |
6.1.3 Grenada Current Measuring Devices Market Revenues & Volume, By Clamp Type, 2021-2031F |
6.1.4 Grenada Current Measuring Devices Market Revenues & Volume, By Fork Type, 2021-2031F |
6.2 Grenada Current Measuring Devices Market, By Output |
6.2.1 Overview and Analysis |
6.2.2 Grenada Current Measuring Devices Market Revenues & Volume, By Analog, 2021-2031F |
6.2.3 Grenada Current Measuring Devices Market Revenues & Volume, By Digital, 2021-2031F |
6.3 Grenada Current Measuring Devices Market, By Current |
6.3.1 Overview and Analysis |
6.3.2 Grenada Current Measuring Devices Market Revenues & Volume, By AC, 2021-2031F |
6.3.3 Grenada Current Measuring Devices Market Revenues & Volume, By DC, 2021-2031F |
6.3.4 Grenada Current Measuring Devices Market Revenues & Volume, By Hybrid, 2021-2031F |
6.4 Grenada Current Measuring Devices Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Current Measuring Devices Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Grenada Current Measuring Devices Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.4 Grenada Current Measuring Devices Market Revenues & Volume, By Energy Management and Smart Grid, 2021-2031F |
6.4.5 Grenada Current Measuring Devices Market Revenues & Volume, By Residential, 2021-2031F |
7 Grenada Current Measuring Devices Market Import-Export Trade Statistics |
7.1 Grenada Current Measuring Devices Market Export to Major Countries |
7.2 Grenada Current Measuring Devices Market Imports from Major Countries |
8 Grenada Current Measuring Devices Market Key Performance Indicators |
9 Grenada Current Measuring Devices Market - Opportunity Assessment |
9.1 Grenada Current Measuring Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Current Measuring Devices Market Opportunity Assessment, By Output, 2021 & 2031F |
9.3 Grenada Current Measuring Devices Market Opportunity Assessment, By Current, 2021 & 2031F |
9.4 Grenada Current Measuring Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Current Measuring Devices Market - Competitive Landscape |
10.1 Grenada Current Measuring Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Current Measuring Devices 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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