| Product Code: ETC11854630 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada continued to rely on key exporters such as the USA, Japan, China, Trinidad and Tobago, and the UAE for its electrical park brake imports. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 8.44%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, emphasizing the dominance of these top exporting countries in supplying electrical park brakes to 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 Electrical Park Brake Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electrical Park Brake Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electrical Park Brake Market - Industry Life Cycle |
3.4 Grenada Electrical Park Brake Market - Porter's Five Forces |
3.5 Grenada Electrical Park Brake Market Revenues & Volume Share, By Brake Type, 2021 & 2031F |
3.6 Grenada Electrical Park Brake Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.7 Grenada Electrical Park Brake Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Electrical Park Brake Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Electrical Park Brake Market Revenues & Volume Share, By Actuation Method, 2021 & 2031F |
4 Grenada Electrical Park Brake Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electrical Park Brake Market Trends |
6 Grenada Electrical Park Brake Market, By Types |
6.1 Grenada Electrical Park Brake Market, By Brake Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electrical Park Brake Market Revenues & Volume, By Brake Type, 2021 - 2031F |
6.1.3 Grenada Electrical Park Brake Market Revenues & Volume, By Cable-Pull EPB, 2021 - 2031F |
6.1.4 Grenada Electrical Park Brake Market Revenues & Volume, By Motor-On-Caliper EPB, 2021 - 2031F |
6.1.5 Grenada Electrical Park Brake Market Revenues & Volume, By Hybrid EPB, 2021 - 2031F |
6.1.6 Grenada Electrical Park Brake Market Revenues & Volume, By Integrated EPB, 2021 - 2031F |
6.2 Grenada Electrical Park Brake Market, By Features |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electrical Park Brake Market Revenues & Volume, By Automatic Holding, 2021 - 2031F |
6.2.3 Grenada Electrical Park Brake Market Revenues & Volume, By Hill Hold Assist, 2021 - 2031F |
6.2.4 Grenada Electrical Park Brake Market Revenues & Volume, By Electronic Control, 2021 - 2031F |
6.2.5 Grenada Electrical Park Brake Market Revenues & Volume, By Compact Design, 2021 - 2031F |
6.3 Grenada Electrical Park Brake Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electrical Park Brake Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Grenada Electrical Park Brake Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 Grenada Electrical Park Brake Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.5 Grenada Electrical Park Brake Market Revenues & Volume, By Performance Vehicles, 2021 - 2031F |
6.4 Grenada Electrical Park Brake Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electrical Park Brake Market Revenues & Volume, By OEMs, 2021 - 2031F |
6.4.3 Grenada Electrical Park Brake Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
6.4.4 Grenada Electrical Park Brake Market Revenues & Volume, By Fleet Operators, 2021 - 2031F |
6.4.5 Grenada Electrical Park Brake Market Revenues & Volume, By Motorsports, 2021 - 2031F |
6.5 Grenada Electrical Park Brake Market, By Actuation Method |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electrical Park Brake Market Revenues & Volume, By Electromechanical, 2021 - 2031F |
6.5.3 Grenada Electrical Park Brake Market Revenues & Volume, By Hydraulic, 2021 - 2031F |
6.5.4 Grenada Electrical Park Brake Market Revenues & Volume, By Electro-Hydraulic, 2021 - 2031F |
6.5.5 Grenada Electrical Park Brake Market Revenues & Volume, By Full Electronic, 2021 - 2031F |
7 Grenada Electrical Park Brake Market Import-Export Trade Statistics |
7.1 Grenada Electrical Park Brake Market Export to Major Countries |
7.2 Grenada Electrical Park Brake Market Imports from Major Countries |
8 Grenada Electrical Park Brake Market Key Performance Indicators |
9 Grenada Electrical Park Brake Market - Opportunity Assessment |
9.1 Grenada Electrical Park Brake Market Opportunity Assessment, By Brake Type, 2021 & 2031F |
9.2 Grenada Electrical Park Brake Market Opportunity Assessment, By Features, 2021 & 2031F |
9.3 Grenada Electrical Park Brake Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Electrical Park Brake Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Electrical Park Brake Market Opportunity Assessment, By Actuation Method, 2021 & 2031F |
10 Grenada Electrical Park Brake Market - Competitive Landscape |
10.1 Grenada Electrical Park Brake Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electrical Park Brake 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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