| Product Code: ETC7368524 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a declining CAGR and negative growth rate in 2024, Grenada continues to heavily rely on imports of desktop reference thermometers. The top exporting countries to Grenada, including the USA, UAE, and Germany, dominate the market, leading to a high Herfindahl-Hirschman Index (HHI) concentration. This suggests a lack of diversification in the import sources for desktop reference thermometers in Grenada. Moving forward, exploring new markets and diversifying suppliers could help mitigate risks associated with high concentration levels.
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 Desktop Reference Thermometer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Desktop Reference Thermometer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Desktop Reference Thermometer Market - Industry Life Cycle |
3.4 Grenada Desktop Reference Thermometer Market - Porter's Five Forces |
3.5 Grenada Desktop Reference Thermometer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Desktop Reference Thermometer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Desktop Reference Thermometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for accurate temperature monitoring in laboratories and healthcare facilities |
4.2.2 Technological advancements leading to the development of more accurate and user-friendly desktop reference thermometers |
4.2.3 Growing awareness about the importance of maintaining precise temperature control in various industries |
4.3 Market Restraints |
4.3.1 High initial cost of desktop reference thermometers |
4.3.2 Limited availability of skilled professionals for calibration and maintenance of these devices |
4.3.3 Competition from alternative temperature monitoring solutions such as digital thermometers |
5 Grenada Desktop Reference Thermometer Market Trends |
6 Grenada Desktop Reference Thermometer Market, By Types |
6.1 Grenada Desktop Reference Thermometer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Desktop Reference Thermometer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Desktop Reference Thermometer Market Revenues & Volume, By Handled, 2021- 2031F |
6.1.4 Grenada Desktop Reference Thermometer Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Desktop Reference Thermometer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Desktop Reference Thermometer Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.3 Grenada Desktop Reference Thermometer Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.4 Grenada Desktop Reference Thermometer Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Desktop Reference Thermometer Market Import-Export Trade Statistics |
7.1 Grenada Desktop Reference Thermometer Market Export to Major Countries |
7.2 Grenada Desktop Reference Thermometer Market Imports from Major Countries |
8 Grenada Desktop Reference Thermometer Market Key Performance Indicators |
8.1 Average time taken for calibration of desktop reference thermometers |
8.2 Percentage of desktop reference thermometers compliant with industry standards |
8.3 Number of new technological innovations implemented in desktop reference thermometers |
8.4 Customer satisfaction ratings related to the accuracy and reliability of desktop reference thermometers |
9 Grenada Desktop Reference Thermometer Market - Opportunity Assessment |
9.1 Grenada Desktop Reference Thermometer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Desktop Reference Thermometer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Desktop Reference Thermometer Market - Competitive Landscape |
10.1 Grenada Desktop Reference Thermometer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Desktop Reference Thermometer 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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