| Product Code: ETC7368907 | 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 |
The import shipments of door entry systems to Grenada experienced remarkable growth in 2024, with the top exporting countries being the USA, UK, Trinidad and Tobago, Saint Lucia, and Canada. The market concentration, as measured by the HHI index, remained high in 2024, indicating a competitive market environment. The impressive compound annual growth rate (CAGR) of 22.21% from 2020 to 2024 highlights the expanding demand for door entry systems in Grenada. Furthermore, the significant growth rate of 61.27% from 2023 to 2024 signals a surge in market activity and opportunities for businesses in this sector.
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 Door Entry Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Door Entry Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Door Entry Systems Market - Industry Life Cycle |
3.4 Grenada Door Entry Systems Market - Porter's Five Forces |
3.5 Grenada Door Entry Systems Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Door Entry Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Door Entry Systems Market Revenues & Volume Share, By System Type, 2021 & 2031F |
4 Grenada Door Entry Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on enhancing security measures in residential and commercial buildings |
4.2.2 Growing adoption of smart home technology and automation |
4.2.3 Rising demand for energy-efficient solutions in buildings |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing door entry systems |
4.3.2 Lack of awareness and education among consumers about the benefits of door entry systems |
4.3.3 Limited compatibility with existing infrastructure in older buildings |
5 Grenada Door Entry Systems Market Trends |
6 Grenada Door Entry Systems Market, By Types |
6.1 Grenada Door Entry Systems Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Door Entry Systems Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Door Entry Systems Market Revenues & Volume, By Card-Based, 2021- 2031F |
6.1.4 Grenada Door Entry Systems Market Revenues & Volume, By Video/Audio Systems, 2021- 2031F |
6.1.5 Grenada Door Entry Systems Market Revenues & Volume, By Biometric Systems, 2021- 2031F |
6.1.6 Grenada Door Entry Systems Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Grenada Door Entry Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Door Entry Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Grenada Door Entry Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Grenada Door Entry Systems Market, By System Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Door Entry Systems Market Revenues & Volume, By Access Control Kit, 2021- 2031F |
6.3.3 Grenada Door Entry Systems Market Revenues & Volume, By Access Controller, 2021- 2031F |
6.3.4 Grenada Door Entry Systems Market Revenues & Volume, By Door Inter Lock Controller, 2021- 2031F |
6.3.5 Grenada Door Entry Systems Market Revenues & Volume, By Random Person Selector, 2021- 2031F |
6.3.6 Grenada Door Entry Systems Market Revenues & Volume, By Video Entry System, 2021- 2031F |
7 Grenada Door Entry Systems Market Import-Export Trade Statistics |
7.1 Grenada Door Entry Systems Market Export to Major Countries |
7.2 Grenada Door Entry Systems Market Imports from Major Countries |
8 Grenada Door Entry Systems Market Key Performance Indicators |
8.1 Number of new installations of door entry systems in the market |
8.2 Percentage increase in demand for smart door entry systems |
8.3 Average energy savings achieved by buildings after the installation of door entry systems |
9 Grenada Door Entry Systems Market - Opportunity Assessment |
9.1 Grenada Door Entry Systems Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Door Entry Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Door Entry Systems Market Opportunity Assessment, By System Type, 2021 & 2031F |
10 Grenada Door Entry Systems Market - Competitive Landscape |
10.1 Grenada Door Entry Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Door Entry Systems 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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