| Product Code: ETC7368722 | 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 |
Grenada`s direct current (DC) motor import shipments in 2024 showed a high concentration of imports from top countries like the USA, Puerto Rico, Canada, UK, and UAE. The Herfindahl-Hirschman Index (HHI) remained at very high levels, indicating a concentrated market. Despite a strong compound annual growth rate (CAGR) of 37.85% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -39.1%. This fluctuation suggests potential market challenges or shifts in demand dynamics that importers and stakeholders should monitor closely.
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 Direct Current (DC) Motor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Direct Current (DC) Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Direct Current (DC) Motor Market - Industry Life Cycle |
3.4 Grenada Direct Current (DC) Motor Market - Porter's Five Forces |
3.5 Grenada Direct Current (DC) Motor Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.6 Grenada Direct Current (DC) Motor Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.7 Grenada Direct Current (DC) Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.8 Grenada Direct Current (DC) Motor Market Revenues & Volume Share, By Operating Voltage, 2021 & 2031F |
3.9 Grenada Direct Current (DC) Motor Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.10 Grenada Direct Current (DC) Motor Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 Grenada Direct Current (DC) Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient and high-performance DC motors in various industries such as automotive, electronics, and robotics. |
4.2.2 Growing adoption of DC motors in renewable energy applications like wind turbines and solar panels. |
4.2.3 Technological advancements leading to the development of more efficient and compact DC motor solutions. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the procurement and installation of DC motors. |
4.3.2 Limited awareness about the benefits of DC motors compared to alternate technologies. |
4.3.3 Challenges related to the disposal and recycling of DC motors, impacting environmental sustainability efforts. |
5 Grenada Direct Current (DC) Motor Market Trends |
6 Grenada Direct Current (DC) Motor Market, By Types |
6.1 Grenada Direct Current (DC) Motor Market, By Application Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Application Type, 2021- 2031F |
6.1.3 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Automotive, 2021- 2031F |
6.1.4 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Power Tools, 2021- 2031F |
6.1.5 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.1.6 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.1.7 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Direct Current (DC) Motor Market, By Functionality |
6.2.1 Overview and Analysis |
6.2.2 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Standalone, 2021- 2031F |
6.2.3 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Integrated, 2021- 2031F |
6.3 Grenada Direct Current (DC) Motor Market, By Motor Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Brushless DC (BLDC) Motor, 2021- 2031F |
6.3.3 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Brushed DC (BDC) Motor, 2021- 2031F |
6.4 Grenada Direct Current (DC) Motor Market, By Operating Voltage |
6.4.1 Overview and Analysis |
6.4.2 Grenada Direct Current (DC) Motor Market Revenues & Volume, By 12V, 2021- 2031F |
6.4.3 Grenada Direct Current (DC) Motor Market Revenues & Volume, By 24V, 2021- 2031F |
6.4.4 Grenada Direct Current (DC) Motor Market Revenues & Volume, By 48V, 2021- 2031F |
6.4.5 Grenada Direct Current (DC) Motor Market Revenues & Volume, By 100V, 2021- 2031F |
6.4.6 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Above 100V, 2021- 2031F |
6.5 Grenada Direct Current (DC) Motor Market, By Drive Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Half Bridge, 2021- 2031F |
6.5.3 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Full Bridge, 2021- 2031F |
6.6 Grenada Direct Current (DC) Motor Market, By Phase |
6.6.1 Overview and Analysis |
6.6.2 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Single Phase, 2021- 2031F |
6.6.3 Grenada Direct Current (DC) Motor Market Revenues & Volume, By Three Phase, 2021- 2031F |
7 Grenada Direct Current (DC) Motor Market Import-Export Trade Statistics |
7.1 Grenada Direct Current (DC) Motor Market Export to Major Countries |
7.2 Grenada Direct Current (DC) Motor Market Imports from Major Countries |
8 Grenada Direct Current (DC) Motor Market Key Performance Indicators |
8.1 Efficiency improvement rate of DC motors over time. |
8.2 Adoption rate of DC motors in emerging industries and applications. |
8.3 Innovation index measuring the introduction of new features and functionalities in DC motor products. |
9 Grenada Direct Current (DC) Motor Market - Opportunity Assessment |
9.1 Grenada Direct Current (DC) Motor Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.2 Grenada Direct Current (DC) Motor Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.3 Grenada Direct Current (DC) Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.4 Grenada Direct Current (DC) Motor Market Opportunity Assessment, By Operating Voltage, 2021 & 2031F |
9.5 Grenada Direct Current (DC) Motor Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.6 Grenada Direct Current (DC) Motor Market Opportunity Assessment, By Phase, 2021 & 2031F |
10 Grenada Direct Current (DC) Motor Market - Competitive Landscape |
10.1 Grenada Direct Current (DC) Motor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Direct Current (DC) 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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