| Product Code: ETC7368991 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely heavily on drone imports from the USA and UK, showcasing a high level of market concentration. Despite a modest compound annual growth rate (CAGR) of 3.41% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024 at -94.25%. This indicates a significant shift in the market dynamics for drone imports in Grenada, suggesting potential challenges or changes in consumer demand and industry trends.
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 Drones Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Drones Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Drones Market - Industry Life Cycle |
3.4 Grenada Drones Market - Porter's Five Forces |
3.5 Grenada Drones Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Drones Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Grenada Drones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Drones Market Trends |
6 Grenada Drones Market, By Types |
6.1 Grenada Drones Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Drones Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Drones Market Revenues & Volume, By Construction, 2021- 2031F |
6.1.4 Grenada Drones Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.1.5 Grenada Drones Market Revenues & Volume, By Energy, 2021- 2031F |
6.1.6 Grenada Drones Market Revenues & Volume, By Entertainment, 2021- 2031F |
6.1.7 Grenada Drones Market Revenues & Volume, By Law Enforcement, 2021- 2031F |
6.1.8 Grenada Drones Market Revenues & Volume, By Delivery, 2021- 2031F |
6.2 Grenada Drones Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada Drones Market Revenues & Volume, By Hardware, 2021- 2031F |
6.2.3 Grenada Drones Market Revenues & Volume, By Software, 2021- 2031F |
6.2.4 Grenada Drones Market Revenues & Volume, By Accessories, 2021- 2031F |
7 Grenada Drones Market Import-Export Trade Statistics |
7.1 Grenada Drones Market Export to Major Countries |
7.2 Grenada Drones Market Imports from Major Countries |
8 Grenada Drones Market Key Performance Indicators |
9 Grenada Drones Market - Opportunity Assessment |
9.1 Grenada Drones Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Drones Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Grenada Drones Market - Competitive Landscape |
10.1 Grenada Drones Market Revenue Share, By Companies, 2024 |
10.2 Grenada Drones 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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