| Product Code: ETC7369397 | 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 |
Despite the high concentration of import shipments of electric vehicle motor micro controllers to Grenada in 2024, the market experienced a significant decline with a CAGR of -25.7% from 2020 to 2024. The top exporting countries to Grenada included the USA, China, Mexico, Saint Kitts and Nevis, and the Dem. People`s Rep. of Korea. However, the growth rate plummeted by -69.44% from 2023 to 2024, indicating a challenging year for this market segment. It will be crucial to monitor these trends and factors influencing the import of these critical components 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 Electric Vehicle Motor Micro Controller Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Vehicle Motor Micro Controller Market - Industry Life Cycle |
3.4 Grenada Electric Vehicle Motor Micro Controller Market - Porter's Five Forces |
3.5 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
4 Grenada Electric Vehicle Motor Micro Controller Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for electric vehicles in Grenada |
4.2.2 Government initiatives and incentives promoting the adoption of electric vehicles |
4.2.3 Increasing focus on sustainable transportation solutions |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and associated components |
4.3.2 Limited charging infrastructure in Grenada |
4.3.3 Technological challenges in developing efficient electric vehicle motor micro controllers |
5 Grenada Electric Vehicle Motor Micro Controller Market Trends |
6 Grenada Electric Vehicle Motor Micro Controller Market, By Types |
6.1 Grenada Electric Vehicle Motor Micro Controller Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By AC Permanent Magnet Synchronous Motor Controller, 2021- 2031F |
6.1.4 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By AC Asynchronous Motor Controller, 2021- 2031F |
6.1.5 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By DC Motor Controller, 2021- 2031F |
6.2 Grenada Electric Vehicle Motor Micro Controller Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By 1 to 20 KW, 2021- 2031F |
6.2.3 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By 21 to 40 KW, 2021- 2031F |
6.2.4 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By 41 to 80 KW, 2021- 2031F |
6.2.5 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By Above 80 KW, 2021- 2031F |
6.3 Grenada Electric Vehicle Motor Micro Controller Market, By Propulsion Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By Plug-in Hybrid Vehicle, 2021- 2031F |
6.3.3 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By Battery Electric Vehicle, 2021- 2031F |
6.3.4 Grenada Electric Vehicle Motor Micro Controller Market Revenues & Volume, By Fuel Cell Electric Vehicle, 2021- 2031F |
7 Grenada Electric Vehicle Motor Micro Controller Market Import-Export Trade Statistics |
7.1 Grenada Electric Vehicle Motor Micro Controller Market Export to Major Countries |
7.2 Grenada Electric Vehicle Motor Micro Controller Market Imports from Major Countries |
8 Grenada Electric Vehicle Motor Micro Controller Market Key Performance Indicators |
8.1 Average charging time for electric vehicles in Grenada |
8.2 Number of public charging stations for electric vehicles |
8.3 Percentage increase in electric vehicle registrations in Grenada |
8.4 Adoption rate of electric vehicle motor micro controllers in Grenada |
8.5 Energy efficiency improvements in electric vehicle motor micro controllers |
9 Grenada Electric Vehicle Motor Micro Controller Market - Opportunity Assessment |
9.1 Grenada Electric Vehicle Motor Micro Controller Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electric Vehicle Motor Micro Controller Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 Grenada Electric Vehicle Motor Micro Controller Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
10 Grenada Electric Vehicle Motor Micro Controller Market - Competitive Landscape |
10.1 Grenada Electric Vehicle Motor Micro Controller Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Vehicle Motor Micro Controller 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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