| Product Code: ETC7369401 | 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 see a significant reliance on key countries for electric vehicle sensor imports, with the USA, Trinidad and Tobago, China, Canada, and Panama leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 22.1% from 2020 to 2024 reflects a strong and steady expansion in this sector. Furthermore, the growth rate of 11.37% from 2023 to 2024 demonstrates continued momentum and opportunities for further development in the electric vehicle sensor import market 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 Vehicle Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Vehicle Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Vehicle Sensor Market - Industry Life Cycle |
3.4 Grenada Electric Vehicle Sensor Market - Porter's Five Forces |
3.5 Grenada Electric Vehicle Sensor Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 Grenada Electric Vehicle Sensor Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 Grenada Electric Vehicle Sensor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Grenada Electric Vehicle Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability and the need for reducing carbon emissions. |
4.2.2 Government initiatives and incentives to promote the adoption of electric vehicles in Grenada. |
4.2.3 Technological advancements in sensor technology, leading to improved performance and efficiency in electric vehicles. |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and associated sensor technology. |
4.3.2 Limited charging infrastructure for electric vehicles in Grenada. |
4.3.3 Concerns about the range and battery life of electric vehicles impacting consumer adoption. |
5 Grenada Electric Vehicle Sensor Market Trends |
6 Grenada Electric Vehicle Sensor Market, By Types |
6.1 Grenada Electric Vehicle Sensor Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Sensor Type, 2021- 2031F |
6.1.3 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Current Sensor, 2021- 2031F |
6.1.4 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Temperature Sensor, 2021- 2031F |
6.1.5 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Position Sensor, 2021- 2031F |
6.1.6 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Pressure Sensor, 2021- 2031F |
6.1.7 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Other Sensor Types, 2021- 2031F |
6.2 Grenada Electric Vehicle Sensor Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Battery Electric Vehicle, 2021- 2031F |
6.2.3 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle, 2021- 2031F |
6.2.4 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Fuel Cell Electric Vehicle, 2021- 2031F |
6.3 Grenada Electric Vehicle Sensor Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.3.3 Grenada Electric Vehicle Sensor Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
7 Grenada Electric Vehicle Sensor Market Import-Export Trade Statistics |
7.1 Grenada Electric Vehicle Sensor Market Export to Major Countries |
7.2 Grenada Electric Vehicle Sensor Market Imports from Major Countries |
8 Grenada Electric Vehicle Sensor Market Key Performance Indicators |
8.1 Average battery range per charge for electric vehicles in Grenada. |
8.2 Number of public charging stations for electric vehicles in Grenada. |
8.3 Adoption rate of electric vehicles in Grenada compared to traditional vehicles. |
8.4 Average efficiency improvement in sensor technology for electric vehicles in Grenada. |
9 Grenada Electric Vehicle Sensor Market - Opportunity Assessment |
9.1 Grenada Electric Vehicle Sensor Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 Grenada Electric Vehicle Sensor Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 Grenada Electric Vehicle Sensor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Grenada Electric Vehicle Sensor Market - Competitive Landscape |
10.1 Grenada Electric Vehicle Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Vehicle 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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