| Product Code: ETC10550950 | 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 |
Grenada`s direct current motors import market saw significant growth with a CAGR of 37.85% from 2020 to 2024. However, the growth rate took a dip in 2024 with a -39.1% change from the previous year. The top exporting countries to Grenada in 2024 were the USA, Puerto Rico, Canada, UK, and UAE, indicating a diverse source of imports. Despite the high concentration of the Herfindahl-Hirschman Index (HHI), the market continues to show potential for further expansion and development in the coming years.
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 Motors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Direct Current Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Direct Current Motors Market - Industry Life Cycle |
3.4 Grenada Direct Current Motors Market - Porter's Five Forces |
3.5 Grenada Direct Current Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Direct Current Motors Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 Grenada Direct Current Motors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Direct Current Motors Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Direct Current Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient motors in Grenada |
4.2.2 Growing adoption of direct current (DC) motors in industrial applications |
4.2.3 Government initiatives promoting the use of sustainable technologies in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment cost of DC motors |
4.3.2 Limited awareness and understanding of the benefits of DC motors among consumers in Grenada |
4.3.3 Availability of cheaper alternatives such as traditional AC motors |
5 Grenada Direct Current Motors Market Trends |
6 Grenada Direct Current Motors Market, By Types |
6.1 Grenada Direct Current Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Direct Current Motors Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Direct Current Motors Market Revenues & Volume, By Permanent Magnet DC Motors, 2021 - 2031F |
6.1.4 Grenada Direct Current Motors Market Revenues & Volume, By SelfExcited DC Motors, 2021 - 2031F |
6.1.5 Grenada Direct Current Motors Market Revenues & Volume, By Separately Excited DC Motors, 2021 - 2031F |
6.2 Grenada Direct Current Motors Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 Grenada Direct Current Motors Market Revenues & Volume, By Less than 750 W, 2021 - 2031F |
6.2.3 Grenada Direct Current Motors Market Revenues & Volume, By 750 W to 375 kW, 2021 - 2031F |
6.2.4 Grenada Direct Current Motors Market Revenues & Volume, By More than 375 kW, 2021 - 2031F |
6.3 Grenada Direct Current Motors Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Direct Current Motors Market Revenues & Volume, By Robotics, 2021 - 2031F |
6.3.3 Grenada Direct Current Motors Market Revenues & Volume, By Industrial Machinery, 2021 - 2031F |
6.3.4 Grenada Direct Current Motors Market Revenues & Volume, By HVAC Systems, 2021 - 2031F |
6.3.5 Grenada Direct Current Motors Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.6 Grenada Direct Current Motors Market Revenues & Volume, By Small Appliances, 2021 - 2031F |
6.4 Grenada Direct Current Motors Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Direct Current Motors Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.3 Grenada Direct Current Motors Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.4.4 Grenada Direct Current Motors Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4.5 Grenada Direct Current Motors Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.4.6 Grenada Direct Current Motors Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
7 Grenada Direct Current Motors Market Import-Export Trade Statistics |
7.1 Grenada Direct Current Motors Market Export to Major Countries |
7.2 Grenada Direct Current Motors Market Imports from Major Countries |
8 Grenada Direct Current Motors Market Key Performance Indicators |
8.1 Energy savings achieved by using DC motors compared to traditional motors |
8.2 Number of industrial facilities in Grenada switching to DC motors |
8.3 Percentage increase in government incentives for businesses investing in energy-efficient technologies |
9 Grenada Direct Current Motors Market - Opportunity Assessment |
9.1 Grenada Direct Current Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Direct Current Motors Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 Grenada Direct Current Motors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Direct Current Motors Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Direct Current Motors Market - Competitive Landscape |
10.1 Grenada Direct Current Motors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Direct Current Motors 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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