Grenada GPS IC Market (2025-2031) | Competitive Landscape, Outlook, Size & Revenue, Segmentation, Companies, Trends, Analysis, Value, Growth, Forecast, Industry, Share

Name: Grenada GPS IC Market (2025-2031) | Competitive Landscape & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: GPS IC Market, Grenada GPS IC Market, Grenada GPS IC Market Revenues, Grenada GPS IC Market Share, Grenada GPS IC Market Size, Grenada GPS IC Market Outlook, Grenada GPS IC Market Report, Grenada GPS IC Market Competition, Grenada GPS IC Market Overview, Grenada GPS IC Market Trends, Grenada GPS IC Market Forecast

Market Forecast By Type (SIRF, MTK, MSTAR, Others), By Application (Voice-Guided Navigation, Tracking and Tracing, Location-Enabled Search, Others) And Competitive Landscape

Product Code: ETC7371038	Publication Date: Sep 2024	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Grenada Gps Ic Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Despite the negative growth trend in Grenada`s GPS IC import market, the top exporting countries in 2024 remained consistent with the USA, Trinidad and Tobago, China, UK, and Barbados leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially posing challenges for market competition. With a significant decline in growth rate from 2023 to 2024, stakeholders should closely monitor market dynamics and adapt strategies to navigate the challenging landscape.

Key Highlights of the Report:

Grenada GPS IC Market Outlook
Market Size of Grenada GPS IC Market, 2024
Forecast of Grenada GPS IC Market, 2031
Historical Data and Forecast of Grenada GPS IC Revenues & Volume for the Period 2021- 2031
Grenada GPS IC Market Trend Evolution
Grenada GPS IC Market Drivers and Challenges
Grenada GPS IC Price Trends
Grenada GPS IC Porter's Five Forces
Grenada GPS IC Industry Life Cycle
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By Type for the Period 2021- 2031
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By SIRF for the Period 2021- 2031
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By MTK for the Period 2021- 2031
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By MSTAR for the Period 2021- 2031
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By Voice-Guided Navigation for the Period 2021- 2031
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By Tracking and Tracing for the Period 2021- 2031
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By Location-Enabled Search for the Period 2021- 2031
Historical Data and Forecast of Grenada GPS IC Market Revenues & Volume By Others for the Period 2021- 2031
Grenada GPS IC Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Grenada GPS IC Top Companies Market Share
Grenada GPS IC Competitive Benchmarking By Technical and Operational Parameters
Grenada GPS IC Company Profiles
Grenada GPS IC Key Strategic Recommendations

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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 GPS IC Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada GPS IC Market Revenues & Volume, 2021 & 2031F

3.3 Grenada GPS IC Market - Industry Life Cycle

3.4 Grenada GPS IC Market - Porter's Five Forces

3.5 Grenada GPS IC Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada GPS IC Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada GPS IC Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for precise location tracking and navigation services

4.2.2 Growing adoption of GPS integrated circuits in various industries such as automotive, agriculture, and logistics

4.2.3 Technological advancements in GPS ICs leading to improved accuracy and performance

4.3 Market Restraints

4.3.1 High initial investment required for implementing GPS IC technology

4.3.2 Concerns regarding data privacy and security related to GPS tracking systems

4.3.3 Limited availability of skilled professionals for GPS IC development and maintenance

5 Grenada GPS IC Market Trends

6 Grenada GPS IC Market, By Types

6.1 Grenada GPS IC Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada GPS IC Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Grenada GPS IC Market Revenues & Volume, By SIRF, 2021- 2031F

6.1.4 Grenada GPS IC Market Revenues & Volume, By MTK, 2021- 2031F

6.1.5 Grenada GPS IC Market Revenues & Volume, By MSTAR, 2021- 2031F

6.1.6 Grenada GPS IC Market Revenues & Volume, By Others, 2021- 2031F

6.2 Grenada GPS IC Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada GPS IC Market Revenues & Volume, By Voice-Guided Navigation, 2021- 2031F

6.2.3 Grenada GPS IC Market Revenues & Volume, By Tracking and Tracing, 2021- 2031F

6.2.4 Grenada GPS IC Market Revenues & Volume, By Location-Enabled Search, 2021- 2031F

6.2.5 Grenada GPS IC Market Revenues & Volume, By Others, 2021- 2031F

7 Grenada GPS IC Market Import-Export Trade Statistics

7.1 Grenada GPS IC Market Export to Major Countries

7.2 Grenada GPS IC Market Imports from Major Countries

8 Grenada GPS IC Market Key Performance Indicators

8.1 Average time taken for GPS IC product development from concept to market launch

8.2 Percentage increase in the number of GPS IC patents filed by companies operating in the Grenada market

8.3 Rate of adoption of GPS IC technology by new industries and applications

9 Grenada GPS IC Market - Opportunity Assessment

9.1 Grenada GPS IC Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada GPS IC Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada GPS IC Market - Competitive Landscape

10.1 Grenada GPS IC Market Revenue Share, By Companies, 2024

10.2 Grenada GPS IC Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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