| Product Code: ETC12173158 | 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 import floating rigs primarily from the USA, China, Areas, nes, South Korea, and Jamaica. Despite a significant decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 4.13%. The high Herfindahl-Hirschman Index (HHI) indicates a concentration of imports among a few key countries. This suggests a stable market with strong ties to these major exporting nations, highlighting the importance of monitoring trends and developments in the global floating rigs industry for Grenada`s economic activities.
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 Floating Rigs Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Floating Rigs Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Floating Rigs Market - Industry Life Cycle |
3.4 Grenada Floating Rigs Market - Porter's Five Forces |
3.5 Grenada Floating Rigs Market Revenues & Volume Share, By Rig Type, 2021 & 2031F |
3.6 Grenada Floating Rigs Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Floating Rigs Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Floating Rigs Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Floating Rigs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Floating Rigs Market Trends |
6 Grenada Floating Rigs Market, By Types |
6.1 Grenada Floating Rigs Market, By Rig Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Floating Rigs Market Revenues & Volume, By Rig Type, 2021 - 2031F |
6.1.3 Grenada Floating Rigs Market Revenues & Volume, By Floating Production Storage and Offloading Units, 2021 - 2031F |
6.1.4 Grenada Floating Rigs Market Revenues & Volume, By Semi-Submersible Floating Rigs, 2021 - 2031F |
6.1.5 Grenada Floating Rigs Market Revenues & Volume, By Drillships, 2021 - 2031F |
6.1.6 Grenada Floating Rigs Market Revenues & Volume, By Floating Drilling Rigs, 2021 - 2031F |
6.2 Grenada Floating Rigs Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Floating Rigs Market Revenues & Volume, By Offshore Oil & Gas Extraction, 2021 - 2031F |
6.2.3 Grenada Floating Rigs Market Revenues & Volume, By Deepwater Exploration, 2021 - 2031F |
6.2.4 Grenada Floating Rigs Market Revenues & Volume, By Offshore Drilling, 2021 - 2031F |
6.2.5 Grenada Floating Rigs Market Revenues & Volume, By Shallow Water Drilling, 2021 - 2031F |
6.3 Grenada Floating Rigs Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Floating Rigs Market Revenues & Volume, By Oil Companies, 2021 - 2031F |
6.3.3 Grenada Floating Rigs Market Revenues & Volume, By Offshore Oil Operators, 2021 - 2031F |
6.3.4 Grenada Floating Rigs Market Revenues & Volume, By Energy Companies, 2021 - 2031F |
6.3.5 Grenada Floating Rigs Market Revenues & Volume, By Exploration Companies, 2021 - 2031F |
6.4 Grenada Floating Rigs Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Grenada Floating Rigs Market Revenues & Volume, By FPSO Technology, 2021 - 2031F |
6.4.3 Grenada Floating Rigs Market Revenues & Volume, By Subsea Technology, 2021 - 2031F |
6.4.4 Grenada Floating Rigs Market Revenues & Volume, By Dynamic Positioning, 2021 - 2031F |
6.4.5 Grenada Floating Rigs Market Revenues & Volume, By BOP (Blowout Preventer), 2021 - 2031F |
7 Grenada Floating Rigs Market Import-Export Trade Statistics |
7.1 Grenada Floating Rigs Market Export to Major Countries |
7.2 Grenada Floating Rigs Market Imports from Major Countries |
8 Grenada Floating Rigs Market Key Performance Indicators |
9 Grenada Floating Rigs Market - Opportunity Assessment |
9.1 Grenada Floating Rigs Market Opportunity Assessment, By Rig Type, 2021 & 2031F |
9.2 Grenada Floating Rigs Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Floating Rigs Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Floating Rigs Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Floating Rigs Market - Competitive Landscape |
10.1 Grenada Floating Rigs Market Revenue Share, By Companies, 2024 |
10.2 Grenada Floating Rigs 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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