| Product Code: ETC7369515 | 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 |
Grenada`s electronically commutated motors import market saw significant growth with a remarkable CAGR of 37.85% from 2020 to 2024. However, there was a sharp decline in the growth rate from 2023 to 2024, dropping by -39.1%. The top exporting countries to Grenada in 2024 were the USA, Puerto Rico, Canada, UK, and UAE, indicating a diverse import source base. Despite the high Herfindahl-Hirschman Index (HHI) reflecting market concentration, the market is dynamic and evolving, presenting opportunities for both local distributors and international suppliers to explore.
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 Motors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electronically Commutated Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electronically Commutated Motors Market - Industry Life Cycle |
3.4 Grenada Electronically Commutated Motors Market - Porter's Five Forces |
3.5 Grenada Electronically Commutated Motors Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Electronically Commutated Motors Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.7 Grenada Electronically Commutated Motors Market Revenues & Volume Share, By Power, 2021 & 2031F |
3.8 Grenada Electronically Commutated Motors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Electronically Commutated Motors Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Electronically Commutated Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electronically Commutated Motors Market Trends |
6 Grenada Electronically Commutated Motors Market, By Types |
6.1 Grenada Electronically Commutated Motors Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electronically Commutated Motors Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Electronically Commutated Motors Market Revenues & Volume, By Constant Type, 2021- 2031F |
6.1.4 Grenada Electronically Commutated Motors Market Revenues & Volume, By Constant Torque, 2021- 2031F |
6.1.5 Grenada Electronically Commutated Motors Market Revenues & Volume, By Constant Speed, 2021- 2031F |
6.2 Grenada Electronically Commutated Motors Market, By Motor Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electronically Commutated Motors Market Revenues & Volume, By Brushless DC Motors, 2021- 2031F |
6.2.3 Grenada Electronically Commutated Motors Market Revenues & Volume, By Permanent Magnet AC (PMAC) Motors, 2021- 2031F |
6.2.4 Grenada Electronically Commutated Motors Market Revenues & Volume, By Servo Motors, 2021- 2031F |
6.3 Grenada Electronically Commutated Motors Market, By Power |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electronically Commutated Motors Market Revenues & Volume, By 0-750W, 2021- 2031F |
6.3.3 Grenada Electronically Commutated Motors Market Revenues & Volume, By 750W-3KV, 2021- 2031F |
6.3.4 Grenada Electronically Commutated Motors Market Revenues & Volume, By 3KV-75KV, 2021- 2031F |
6.3.5 Grenada Electronically Commutated Motors Market Revenues & Volume, By Above 75KV, 2021- 2031F |
6.4 Grenada Electronically Commutated Motors Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electronically Commutated Motors Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.4.3 Grenada Electronically Commutated Motors Market Revenues & Volume, By HVAC (Residential & Commercial), 2021- 2031F |
6.4.4 Grenada Electronically Commutated Motors Market Revenues & Volume, By Automotive, 2021- 2031F |
6.4.5 Grenada Electronically Commutated Motors Market Revenues & Volume, By Packaging, 2021- 2031F |
6.4.6 Grenada Electronically Commutated Motors Market Revenues & Volume, By Material Handeling, 2021- 2031F |
6.4.7 Grenada Electronically Commutated Motors Market Revenues & Volume, By Industrial Machine, 2021- 2031F |
6.5 Grenada Electronically Commutated Motors Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electronically Commutated Motors Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.5.3 Grenada Electronically Commutated Motors Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Grenada Electronically Commutated Motors Market Import-Export Trade Statistics |
7.1 Grenada Electronically Commutated Motors Market Export to Major Countries |
7.2 Grenada Electronically Commutated Motors Market Imports from Major Countries |
8 Grenada Electronically Commutated Motors Market Key Performance Indicators |
9 Grenada Electronically Commutated Motors Market - Opportunity Assessment |
9.1 Grenada Electronically Commutated Motors Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Electronically Commutated Motors Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.3 Grenada Electronically Commutated Motors Market Opportunity Assessment, By Power, 2021 & 2031F |
9.4 Grenada Electronically Commutated Motors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Electronically Commutated Motors Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Electronically Commutated Motors Market - Competitive Landscape |
10.1 Grenada Electronically Commutated Motors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electronically Commutated Motors 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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