| Product Code: ETC11921638 | 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 witnessed a significant rise in electronically commutated motor import shipments, with top exporters including the USA, Puerto Rico, Canada, UK, and UAE. The market showed a high concentration with a Herfindahl-Hirschman Index (HHI) remaining at elevated levels. Despite a remarkable compound annual growth rate (CAGR) of 37.85% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -39.1%. This fluctuation indicates a dynamic market environment for electronically commutated motors 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 Electronically Commutated Motor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electronically Commutated Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electronically Commutated Motor Market - Industry Life Cycle |
3.4 Grenada Electronically Commutated Motor Market - Porter's Five Forces |
3.5 Grenada Electronically Commutated Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Electronically Commutated Motor Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Grenada Electronically Commutated Motor Market Revenues & Volume Share, By Speed Range, 2021 & 2031F |
3.8 Grenada Electronically Commutated Motor Market Revenues & Volume Share, By Control Type, 2021 & 2031F |
3.9 Grenada Electronically Commutated Motor Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
4 Grenada Electronically Commutated Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electronically Commutated Motor Market Trends |
6 Grenada Electronically Commutated Motor Market, By Types |
6.1 Grenada Electronically Commutated Motor Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electronically Commutated Motor Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Grenada Electronically Commutated Motor Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.1.4 Grenada Electronically Commutated Motor Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.1.5 Grenada Electronically Commutated Motor Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.1.6 Grenada Electronically Commutated Motor Market Revenues & Volume, By Aerospace and Defense, 2021 - 2031F |
6.1.7 Grenada Electronically Commutated Motor Market Revenues & Volume, By Medical, 2021 - 2031F |
6.2 Grenada Electronically Commutated Motor Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electronically Commutated Motor Market Revenues & Volume, By Less than 100W, 2021 - 2031F |
6.2.3 Grenada Electronically Commutated Motor Market Revenues & Volume, By 100W to 1kW, 2021 - 2031F |
6.2.4 Grenada Electronically Commutated Motor Market Revenues & Volume, By 1kW to 10kW, 2021 - 2031F |
6.2.5 Grenada Electronically Commutated Motor Market Revenues & Volume, By More than 10kW, 2021 - 2031F |
6.3 Grenada Electronically Commutated Motor Market, By Speed Range |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electronically Commutated Motor Market Revenues & Volume, By Less than 1000 RPM, 2021 - 2031F |
6.3.3 Grenada Electronically Commutated Motor Market Revenues & Volume, By 1000 to 3000 RPM, 2021 - 2031F |
6.3.4 Grenada Electronically Commutated Motor Market Revenues & Volume, By 3000 to 6000 RPM, 2021 - 2031F |
6.3.5 Grenada Electronically Commutated Motor Market Revenues & Volume, By More than 6000 RPM, 2021 - 2031F |
6.4 Grenada Electronically Commutated Motor Market, By Control Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electronically Commutated Motor Market Revenues & Volume, By Brushed, 2021 - 2031F |
6.4.3 Grenada Electronically Commutated Motor Market Revenues & Volume, By Brushless, 2021 - 2031F |
6.4.4 Grenada Electronically Commutated Motor Market Revenues & Volume, By Sensorless, 2021 - 2031F |
6.4.5 Grenada Electronically Commutated Motor Market Revenues & Volume, By Field-Oriented Control (FOC), 2021 - 2031F |
6.5 Grenada Electronically Commutated Motor Market, By Mounting Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electronically Commutated Motor Market Revenues & Volume, By Flange Mount, 2021 - 2031F |
6.5.3 Grenada Electronically Commutated Motor Market Revenues & Volume, By Foot Mount, 2021 - 2031F |
6.5.4 Grenada Electronically Commutated Motor Market Revenues & Volume, By Shaft Mount, 2021 - 2031F |
6.5.5 Grenada Electronically Commutated Motor Market Revenues & Volume, By Trunnion Mount, 2021 - 2031F |
7 Grenada Electronically Commutated Motor Market Import-Export Trade Statistics |
7.1 Grenada Electronically Commutated Motor Market Export to Major Countries |
7.2 Grenada Electronically Commutated Motor Market Imports from Major Countries |
8 Grenada Electronically Commutated Motor Market Key Performance Indicators |
9 Grenada Electronically Commutated Motor Market - Opportunity Assessment |
9.1 Grenada Electronically Commutated Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Electronically Commutated Motor Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Grenada Electronically Commutated Motor Market Opportunity Assessment, By Speed Range, 2021 & 2031F |
9.4 Grenada Electronically Commutated Motor Market Opportunity Assessment, By Control Type, 2021 & 2031F |
9.5 Grenada Electronically Commutated Motor Market Opportunity Assessment, By Mounting Type, 2021 & 2031F |
10 Grenada Electronically Commutated Motor Market - Competitive Landscape |
10.1 Grenada Electronically Commutated Motor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electronically Commutated Motor 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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