| Product Code: ETC11898790 | 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 | |
The import shipments of escalators and elevators to Grenada in 2024 continued to be dominated by top exporting countries including China, USA, Lebanon, UK, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a notable Compound Annual Growth Rate (CAGR) of 30.2% from 2020 to 2024. However, there was a significant decline in growth rate from 2023 to 2024 at -32.15%, suggesting a potential shift or adjustment in the market dynamics for escalators and elevators 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 Escalators and Elevators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Escalators and Elevators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Escalators and Elevators Market - Industry Life Cycle |
3.4 Grenada Escalators and Elevators Market - Porter's Five Forces |
3.5 Grenada Escalators and Elevators Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Escalators and Elevators Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Escalators and Elevators Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Grenada Escalators and Elevators Market Revenues & Volume Share, By Speed Category, 2021 & 2031F |
3.9 Grenada Escalators and Elevators Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
4 Grenada Escalators and Elevators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Escalators and Elevators Market Trends |
6 Grenada Escalators and Elevators Market, By Types |
6.1 Grenada Escalators and Elevators Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Escalators and Elevators Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Escalators and Elevators Market Revenues & Volume, By Passenger Elevators, 2021 - 2031F |
6.1.4 Grenada Escalators and Elevators Market Revenues & Volume, By Freight Elevators, 2021 - 2031F |
6.1.5 Grenada Escalators and Elevators Market Revenues & Volume, By Moving Walkways, 2021 - 2031F |
6.1.6 Grenada Escalators and Elevators Market Revenues & Volume, By Escalators, 2021 - 2031F |
6.2 Grenada Escalators and Elevators Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Escalators and Elevators Market Revenues & Volume, By Hydraulic, 2021 - 2031F |
6.2.3 Grenada Escalators and Elevators Market Revenues & Volume, By Traction, 2021 - 2031F |
6.2.4 Grenada Escalators and Elevators Market Revenues & Volume, By Machine-Room Less, 2021 - 2031F |
6.2.5 Grenada Escalators and Elevators Market Revenues & Volume, By Pneumatic, 2021 - 2031F |
6.3 Grenada Escalators and Elevators Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Escalators and Elevators Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Grenada Escalators and Elevators Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Grenada Escalators and Elevators Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Grenada Escalators and Elevators Market Revenues & Volume, By Airports, 2021 - 2031F |
6.4 Grenada Escalators and Elevators Market, By Speed Category |
6.4.1 Overview and Analysis |
6.4.2 Grenada Escalators and Elevators Market Revenues & Volume, By Low-Speed, 2021 - 2031F |
6.4.3 Grenada Escalators and Elevators Market Revenues & Volume, By Medium-Speed, 2021 - 2031F |
6.4.4 Grenada Escalators and Elevators Market Revenues & Volume, By High-Speed, 2021 - 2031F |
6.4.5 Grenada Escalators and Elevators Market Revenues & Volume, By Ultra-High-Speed, 2021 - 2031F |
6.5 Grenada Escalators and Elevators Market, By Component Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada Escalators and Elevators Market Revenues & Volume, By Control Panels, 2021 - 2031F |
6.5.3 Grenada Escalators and Elevators Market Revenues & Volume, By Gear Mechanism, 2021 - 2031F |
6.5.4 Grenada Escalators and Elevators Market Revenues & Volume, By Cable Systems, 2021 - 2031F |
6.5.5 Grenada Escalators and Elevators Market Revenues & Volume, By Guide Rails, 2021 - 2031F |
7 Grenada Escalators and Elevators Market Import-Export Trade Statistics |
7.1 Grenada Escalators and Elevators Market Export to Major Countries |
7.2 Grenada Escalators and Elevators Market Imports from Major Countries |
8 Grenada Escalators and Elevators Market Key Performance Indicators |
9 Grenada Escalators and Elevators Market - Opportunity Assessment |
9.1 Grenada Escalators and Elevators Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Escalators and Elevators Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Escalators and Elevators Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Grenada Escalators and Elevators Market Opportunity Assessment, By Speed Category, 2021 & 2031F |
9.5 Grenada Escalators and Elevators Market Opportunity Assessment, By Component Type, 2021 & 2031F |
10 Grenada Escalators and Elevators Market - Competitive Landscape |
10.1 Grenada Escalators and Elevators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Escalators and Elevators 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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