| Product Code: ETC5557691 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s drone sensor import shipments in 2024 continued to be dominated by suppliers from Trinidad and Tobago, USA, China, Canada, and Panama. Despite a slight decline in growth rate from the previous year, the industry maintained a high level of market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 8.57%, indicating sustained expansion in the market. The negative growth rate in 2024 highlights a potential slowdown, which stakeholders should monitor closely for future market dynamics.
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 Drone Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Drone Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Drone Sensor Market - Industry Life Cycle |
3.4 Grenada Drone Sensor Market - Porter's Five Forces |
3.5 Grenada Drone Sensor Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 Grenada Drone Sensor Market Revenues & Volume Share, By Platform Type, 2021 & 2031F |
3.7 Grenada Drone Sensor Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.8 Grenada Drone Sensor Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Grenada Drone Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of drones for various applications such as agriculture, surveillance, and infrastructure inspection in Grenada. |
4.2.2 Technological advancements in drone sensor technology leading to improved performance and capabilities. |
4.2.3 Government initiatives and regulations promoting the use of drones for commercial and non-commercial purposes in Grenada. |
4.3 Market Restraints |
4.3.1 High initial investment and operational costs associated with drone sensor technology. |
4.3.2 Concerns regarding privacy and data security issues related to drone operations in Grenada. |
4.3.3 Limited awareness and understanding of the benefits of drone sensor technology among potential end-users in Grenada. |
5 Grenada Drone Sensor Market Trends |
6 Grenada Drone Sensor Market Segmentations |
6.1 Grenada Drone Sensor Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Drone Sensor Market Revenues & Volume, By Inertial Sensors (Accelerometers, Gyroscope, Magnetometers, Tilt), 2021-2031F |
6.1.3 Grenada Drone Sensor Market Revenues & Volume, By Image Sensors (Infrared, Thermal, Multispectral, 3D), 2021-2031F |
6.1.4 Grenada Drone Sensor Market Revenues & Volume, By Speed and Distance Sensors (Radar, LiDAR, Proximity), 2021-2031F |
6.1.5 Grenada Drone Sensor Market Revenues & Volume, By Position Sensors (GPS, GNSS), 2021-2031F |
6.1.6 Grenada Drone Sensor Market Revenues & Volume, By Pressure Sensors (Barometric, Differential), 2021-2031F |
6.1.7 Grenada Drone Sensor Market Revenues & Volume, By Current Sensors, 2021-2031F |
6.1.9 Grenada Drone Sensor Market Revenues & Volume, By Light Sensors, 2021-2031F |
6.1.10 Grenada Drone Sensor Market Revenues & Volume, By Light Sensors, 2021-2031F |
6.2 Grenada Drone Sensor Market, By Platform Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Drone Sensor Market Revenues & Volume, By VTOL, 2021-2031F |
6.2.3 Grenada Drone Sensor Market Revenues & Volume, By Fixed Wing, 2021-2031F |
6.2.4 Grenada Drone Sensor Market Revenues & Volume, By Hybrid, 2021-2031F |
6.3 Grenada Drone Sensor Market, By Application Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Drone Sensor Market Revenues & Volume, By Navigation, 2021-2031F |
6.3.3 Grenada Drone Sensor Market Revenues & Volume, By Collision Detection and Avoidance, 2021-2031F |
6.3.4 Grenada Drone Sensor Market Revenues & Volume, By Data Acquisition, 2021-2031F |
6.3.5 Grenada Drone Sensor Market Revenues & Volume, By Motion Detection, 2021-2031F |
6.3.6 Grenada Drone Sensor Market Revenues & Volume, By Air Pressure Measurement, 2021-2031F |
6.3.7 Grenada Drone Sensor Market Revenues & Volume, By Power Monitoring, 2021-2031F |
6.4 Grenada Drone Sensor Market, By End-User Industry |
6.4.1 Overview and Analysis |
6.4.2 Grenada Drone Sensor Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.4.3 Grenada Drone Sensor Market Revenues & Volume, By Precision Agriculture, 2021-2031F |
6.4.4 Grenada Drone Sensor Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.4.5 Grenada Drone Sensor Market Revenues & Volume, By Defense, 2021-2031F |
6.4.6 Grenada Drone Sensor Market Revenues & Volume, By Personal, 2021-2031F |
6.4.7 Grenada Drone Sensor Market Revenues & Volume, By Law Enforcement, 2021-2031F |
6.4.8 Grenada Drone Sensor Market Revenues & Volume, By Others (Retail, Education), 2021-2031F |
6.4.9 Grenada Drone Sensor Market Revenues & Volume, By Others (Retail, Education), 2021-2031F |
7 Grenada Drone Sensor Market Import-Export Trade Statistics |
7.1 Grenada Drone Sensor Market Export to Major Countries |
7.2 Grenada Drone Sensor Market Imports from Major Countries |
8 Grenada Drone Sensor Market Key Performance Indicators |
8.1 Average flight time per drone sensor unit. |
8.2 Number of drone sensor technology patents filed or granted in Grenada. |
8.3 Percentage of companies in Grenada investing in research and development of drone sensor technology. |
8.4 Average response time to technical issues related to drone sensor technology in Grenada. |
8.5 Number of drone sensor technology training programs or workshops conducted in Grenada. |
9 Grenada Drone Sensor Market - Opportunity Assessment |
9.1 Grenada Drone Sensor Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 Grenada Drone Sensor Market Opportunity Assessment, By Platform Type, 2021 & 2031F |
9.3 Grenada Drone Sensor Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.4 Grenada Drone Sensor Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Grenada Drone Sensor Market - Competitive Landscape |
10.1 Grenada Drone Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Drone Sensor 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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