| Product Code: ETC12134374 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to heavily rely on the USA, Netherlands, China, Italy, and other unspecified areas for importing explosive detectors. The High Herfindahl-Hirschman Index (HHI) indicates a market with very high concentration. However, the compound annual growth rate (CAGR) for the period 2020-2024 was negative at -0.27%, with a sharp decline in growth rate from 2023 to 2024 at -86.17%. This suggests a challenging market environment for explosive detector imports in Grenada, potentially impacted by various factors such as shifting global dynamics or domestic regulations.
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 Explosive Detector Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Explosive Detector Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Explosive Detector Market - Industry Life Cycle |
3.4 Grenada Explosive Detector Market - Porter's Five Forces |
3.5 Grenada Explosive Detector Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Explosive Detector Market Revenues & Volume Share, By Detection Type, 2021 & 2031F |
3.7 Grenada Explosive Detector Market Revenues & Volume Share, By Technology Used, 2021 & 2031F |
3.8 Grenada Explosive Detector Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Explosive Detector Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Explosive Detector Market Trends |
6 Grenada Explosive Detector Market, By Types |
6.1 Grenada Explosive Detector Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Explosive Detector Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Explosive Detector Market Revenues & Volume, By Metal Detector, 2021 - 2031F |
6.1.4 Grenada Explosive Detector Market Revenues & Volume, By Chemical Explosive Detectors, 2021 - 2031F |
6.1.5 Grenada Explosive Detector Market Revenues & Volume, By Biological Explosive Detectors, 2021 - 2031F |
6.1.6 Grenada Explosive Detector Market Revenues & Volume, By Radioactive Explosive Detectors, 2021 - 2031F |
6.2 Grenada Explosive Detector Market, By Detection Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Explosive Detector Market Revenues & Volume, By Ground Penetrating Radar, 2021 - 2031F |
6.2.3 Grenada Explosive Detector Market Revenues & Volume, By Ion Mobility Spectrometry, 2021 - 2031F |
6.2.4 Grenada Explosive Detector Market Revenues & Volume, By Bioassay Detection, 2021 - 2031F |
6.2.5 Grenada Explosive Detector Market Revenues & Volume, By Gamma and Neutron Detection, 2021 - 2031F |
6.3 Grenada Explosive Detector Market, By Technology Used |
6.3.1 Overview and Analysis |
6.3.2 Grenada Explosive Detector Market Revenues & Volume, By Electromagnetic Detection, 2021 - 2031F |
6.3.3 Grenada Explosive Detector Market Revenues & Volume, By Chemical Sensing, 2021 - 2031F |
6.3.4 Grenada Explosive Detector Market Revenues & Volume, By Biological Sample Analysis, 2021 - 2031F |
6.3.5 Grenada Explosive Detector Market Revenues & Volume, By Radiation Sensing, 2021 - 2031F |
6.4 Grenada Explosive Detector Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Explosive Detector Market Revenues & Volume, By Security and Defense, 2021 - 2031F |
6.4.3 Grenada Explosive Detector Market Revenues & Volume, By Border Security and Airports, 2021 - 2031F |
6.4.4 Grenada Explosive Detector Market Revenues & Volume, By Homeland Security, 2021 - 2031F |
6.4.5 Grenada Explosive Detector Market Revenues & Volume, By Military and Defense, 2021 - 2031F |
7 Grenada Explosive Detector Market Import-Export Trade Statistics |
7.1 Grenada Explosive Detector Market Export to Major Countries |
7.2 Grenada Explosive Detector Market Imports from Major Countries |
8 Grenada Explosive Detector Market Key Performance Indicators |
9 Grenada Explosive Detector Market - Opportunity Assessment |
9.1 Grenada Explosive Detector Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Explosive Detector Market Opportunity Assessment, By Detection Type, 2021 & 2031F |
9.3 Grenada Explosive Detector Market Opportunity Assessment, By Technology Used, 2021 & 2031F |
9.4 Grenada Explosive Detector Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Explosive Detector Market - Competitive Landscape |
10.1 Grenada Explosive Detector Market Revenue Share, By Companies, 2024 |
10.2 Grenada Explosive Detector 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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