| Product Code: ETC12081190 | 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 imports of ferrite magnetostrictive material, with the USA, Lebanon, Saint Lucia, China, and Barbados being the top exporting countries. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was a positive 11.2%. However, there was a notable decline in growth rate from 2023 to 2024 at -16.19%, suggesting potential challenges or shifts in the market dynamics. Monitoring these trends closely will be crucial for stakeholders in the industry to adapt and strategize effectively.
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 Ferrite Magnetostrictive Material Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ferrite Magnetostrictive Material Market - Industry Life Cycle |
3.4 Grenada Ferrite Magnetostrictive Material Market - Porter's Five Forces |
3.5 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume Share, By Manufacturing Technique, 2021 & 2031F |
4 Grenada Ferrite Magnetostrictive Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Ferrite Magnetostrictive Material Market Trends |
6 Grenada Ferrite Magnetostrictive Material Market, By Types |
6.1 Grenada Ferrite Magnetostrictive Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Cobalt-based Alloys, 2021 - 2031F |
6.1.4 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Iron-based Alloys, 2021 - 2031F |
6.1.5 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Rare Earth Alloys, 2021 - 2031F |
6.1.6 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Composite Magnetostrictive Materials, 2021 - 2031F |
6.2 Grenada Ferrite Magnetostrictive Material Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.2.3 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Medical Devices, 2021 - 2031F |
6.2.4 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Industrial Sensors, 2021 - 2031F |
6.2.5 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Energy Harvesting, 2021 - 2031F |
6.3 Grenada Ferrite Magnetostrictive Material Market, By Manufacturing Technique |
6.3.1 Overview and Analysis |
6.3.2 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Powder Metallurgy, 2021 - 2031F |
6.3.3 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Sintering, 2021 - 2031F |
6.3.4 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Crystal Growth, 2021 - 2031F |
6.3.5 Grenada Ferrite Magnetostrictive Material Market Revenues & Volume, By Thin Film Deposition, 2021 - 2031F |
7 Grenada Ferrite Magnetostrictive Material Market Import-Export Trade Statistics |
7.1 Grenada Ferrite Magnetostrictive Material Market Export to Major Countries |
7.2 Grenada Ferrite Magnetostrictive Material Market Imports from Major Countries |
8 Grenada Ferrite Magnetostrictive Material Market Key Performance Indicators |
9 Grenada Ferrite Magnetostrictive Material Market - Opportunity Assessment |
9.1 Grenada Ferrite Magnetostrictive Material Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Ferrite Magnetostrictive Material Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Ferrite Magnetostrictive Material Market Opportunity Assessment, By Manufacturing Technique, 2021 & 2031F |
10 Grenada Ferrite Magnetostrictive Material Market - Competitive Landscape |
10.1 Grenada Ferrite Magnetostrictive Material Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ferrite Magnetostrictive Material 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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