| Product Code: ETC5117081 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to heavily rely on import shipments of electric soldering iron guns, with top exporting countries being the USA, UK, Panama, China, and Trinidad and Tobago. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a notable compound annual growth rate (CAGR) of 28.55% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 (-9.65%). This suggests a potential shift in market dynamics or external factors impacting the demand for electric soldering iron guns in Grenada.
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 Electric Soldering Iron Gun Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Soldering Iron Gun Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Soldering Iron Gun Market - Industry Life Cycle |
3.4 Grenada Electric Soldering Iron Gun Market - Porter's Five Forces |
3.5 Grenada Electric Soldering Iron Gun Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Grenada Electric Soldering Iron Gun Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronics and electrical products leading to higher usage of soldering iron guns |
4.2.2 Technological advancements in soldering iron guns improving efficiency and performance |
4.2.3 Growing trend of DIY projects and hobbies involving soldering activities |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from other soldering equipment manufacturers |
4.3.3 Environmental regulations and concerns regarding the use of soldering iron guns |
5 Grenada Electric Soldering Iron Gun Market Trends |
6 Grenada Electric Soldering Iron Gun Market Segmentations |
6.1 Grenada Electric Soldering Iron Gun Market, By End Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Soldering Iron Gun Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.3 Grenada Electric Soldering Iron Gun Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.1.4 Grenada Electric Soldering Iron Gun Market Revenues & Volume, By Medical, 2021-2031F |
6.1.5 Grenada Electric Soldering Iron Gun Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.1.6 Grenada Electric Soldering Iron Gun Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.1.7 Grenada Electric Soldering Iron Gun Market Revenues & Volume, By Construction, 2021-2031F |
7 Grenada Electric Soldering Iron Gun Market Import-Export Trade Statistics |
7.1 Grenada Electric Soldering Iron Gun Market Export to Major Countries |
7.2 Grenada Electric Soldering Iron Gun Market Imports from Major Countries |
8 Grenada Electric Soldering Iron Gun Market Key Performance Indicators |
8.1 Percentage of market penetration in the electronics and electrical industry |
8.2 Number of new technological innovations introduced in soldering iron guns |
8.3 Customer satisfaction ratings on product quality and performance |
8.4 Percentage of repeat purchases from existing customers |
8.5 Number of partnerships or collaborations with DIY influencers or hobbyist communities |
9 Grenada Electric Soldering Iron Gun Market - Opportunity Assessment |
9.1 Grenada Electric Soldering Iron Gun Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Grenada Electric Soldering Iron Gun Market - Competitive Landscape |
10.1 Grenada Electric Soldering Iron Gun Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Soldering Iron Gun Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |