| Product Code: ETC5073590 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely on key flow meter imports from top countries including the USA, Trinidad and Tobago, Panama, Spain, and the Dem. People`s Rep. of Korea. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, while the modest compound annual growth rate (CAGR) of 1.25% over 2020-2024 indicates steady growth. However, the negative growth rate of -5.04% from 2023 to 2024 may warrant further analysis to understand the recent decline in shipments and assess potential market challenges.
The Flow Meters market in Grenada is projected to grow at a stable growth rate of 1.55% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Flow Meters Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Flow Meters Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Flow Meters Market - Industry Life Cycle |
3.4 Grenada Flow Meters Market - Porter's Five Forces |
3.5 Grenada Flow Meters Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Flow Meters Market Revenues & Volume Share, By Application? , 2021 & 2031F |
4 Grenada Flow Meters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.2 Growing focus on process optimization and efficiency in manufacturing processes |
4.2.3 Technological advancements leading to the development of more advanced and precise flow meters |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with installing flow meters |
4.3.2 Lack of awareness about the benefits of flow meters in certain industries |
4.3.3 Challenges related to the integration of flow meters with existing infrastructure |
5 Grenada Flow Meters Market Trends |
6 Grenada Flow Meters Market Segmentations |
6.1 Grenada Flow Meters Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Flow Meters Market Revenues & Volume, By Differential Pressure (DP), 2021-2031F |
6.1.3 Grenada Flow Meters Market Revenues & Volume, By Positive Displacement (PD), 2021-2031F |
6.1.4 Grenada Flow Meters Market Revenues & Volume, By Magnetic, 2021-2031F |
6.1.5 Grenada Flow Meters Market Revenues & Volume, By Ultrasonic, 2021-2031F |
6.1.6 Grenada Flow Meters Market Revenues & Volume, By Coriolis, 2021-2031F |
6.1.7 Grenada Flow Meters Market Revenues & Volume, By Turbine, 2021-2031F |
6.1.9 Grenada Flow Meters Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Grenada Flow Meters Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Flow Meters Market, By Application? |
6.2.1 Overview and Analysis |
6.2.2 Grenada Flow Meters Market Revenues & Volume, By Water & Wastewater, 2021-2031F |
6.2.3 Grenada Flow Meters Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 Grenada Flow Meters Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.5 Grenada Flow Meters Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.6 Grenada Flow Meters Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.2.7 Grenada Flow Meters Market Revenues & Volume, By Food & Beverage, 2021-2031F |
7 Grenada Flow Meters Market Import-Export Trade Statistics |
7.1 Grenada Flow Meters Market Export to Major Countries |
7.2 Grenada Flow Meters Market Imports from Major Countries |
8 Grenada Flow Meters Market Key Performance Indicators |
8.1 Rate of adoption of advanced flow meter technologies in key industries |
8.2 Percentage increase in the use of flow meters for process optimization purposes |
8.3 Number of new entrants and innovations in the grenada flow meters market |
9 Grenada Flow Meters Market - Opportunity Assessment |
9.1 Grenada Flow Meters Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Flow Meters Market Opportunity Assessment, By Application? , 2021 & 2031F |
10 Grenada Flow Meters Market - Competitive Landscape |
10.1 Grenada Flow Meters Market Revenue Share, By Companies, 2024 |
10.2 Grenada Flow Meters 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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