| Product Code: ETC4932477 | 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 |
Grenada`s electrical measuring instrument import market saw significant growth in 2024, with top exporting countries including USA, Panama, UK, China, and Trinidad and Tobago. The market exhibited a high Herfindahl-Hirschman Index (HHI) concentration level, indicating a strong competitive landscape. With a compound annual growth rate (CAGR) of 7.73% from 2020 to 2024 and an impressive growth rate of 83.86% from 2023 to 2024, the market is showing promising expansion opportunities for both local businesses and international suppliers.
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 Electrical Measuring Instrument Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electrical Measuring Instrument Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electrical Measuring Instrument Market - Industry Life Cycle |
3.4 Grenada Electrical Measuring Instrument Market - Porter's Five Forces |
3.5 Grenada Electrical Measuring Instrument Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Grenada Electrical Measuring Instrument Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 Grenada Electrical Measuring Instrument Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.8 Grenada Electrical Measuring Instrument Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Electrical Measuring Instrument Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electrical Measuring Instrument Market Trends |
6 Grenada Electrical Measuring Instrument Market Segmentations |
6.1 Grenada Electrical Measuring Instrument Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Stationary, 2021-2031F | 6.1.4 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Portable, 2021-2031F |
6.2 Grenada Electrical Measuring Instrument Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Voltage Testing, 2021-2031F |
6.2.3 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Device Functionality Testing, 2021-2031F |
6.2.4 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Current Measurement, 2021-2031F |
6.2.5 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Resistance Measurement, 2021-2031F |
6.2.6 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Electrical Measuring Instrument Market, By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Aerospace & Defence Industry, 2021-2031F |
6.3.3 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Electronics & Telecommunication Industry, 2021-2031F |
6.3.4 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Electrical Industry, 2021-2031F |
6.3.5 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Automotive Industry, 2021-2031F |
6.3.6 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Marine Industry, 2021-2031F |
6.3.7 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.4 Grenada Electrical Measuring Instrument Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Grenada Electrical Measuring Instrument Market Revenues & Volume, By Offline, 2021-2031F |
7 Grenada Electrical Measuring Instrument Market Import-Export Trade Statistics |
7.1 Grenada Electrical Measuring Instrument Market Export to Major Countries |
7.2 Grenada Electrical Measuring Instrument Market Imports from Major Countries |
8 Grenada Electrical Measuring Instrument Market Key Performance Indicators |
9 Grenada Electrical Measuring Instrument Market - Opportunity Assessment |
9.1 Grenada Electrical Measuring Instrument Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Grenada Electrical Measuring Instrument Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 Grenada Electrical Measuring Instrument Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.4 Grenada Electrical Measuring Instrument Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Electrical Measuring Instrument Market - Competitive Landscape |
10.1 Grenada Electrical Measuring Instrument Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electrical Measuring Instrument 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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