| Product Code: ETC7371936 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Grenada`s heavy commercial truck import market saw significant growth in 2024, with top exporters being Japan, USA, Thailand, Trinidad and Tobago, and China. The high concentration of Herfindahl-Hirschman Index (HHI) in 2023 intensified in 2024, indicating a competitive market landscape. The impressive compound annual growth rate (CAGR) of 34.38% from 2020 to 2024 highlights the increasing demand for heavy commercial trucks in Grenada. Moreover, the substantial growth rate of 121.44% from 2023 to 2024 suggests a surge in import shipments, reflecting a thriving market for heavy commercial trucks in the country.
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 Heavy Commercial Truck Market Overview  | 
3.1 Grenada Country Macro Economic Indicators  | 
3.2 Grenada Heavy Commercial Truck Market Revenues & Volume, 2021 & 2031F  | 
3.3 Grenada Heavy Commercial Truck Market - Industry Life Cycle  | 
3.4 Grenada Heavy Commercial Truck Market - Porter's Five Forces  | 
3.5 Grenada Heavy Commercial Truck Market Revenues & Volume Share, By Truck Type, 2021 & 2031F  | 
3.6 Grenada Heavy Commercial Truck Market Revenues & Volume Share, By Class, 2021 & 2031F  | 
3.7 Grenada Heavy Commercial Truck Market Revenues & Volume Share, By Fuel, 2021 & 2031F  | 
3.8 Grenada Heavy Commercial Truck Market Revenues & Volume Share, By Application, 2021 & 2031F  | 
4 Grenada Heavy Commercial Truck Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing demand for heavy commercial trucks due to growth in construction and infrastructure projects in Grenada  | 
4.2.2 Government initiatives to improve transportation and logistics infrastructure, boosting the heavy commercial truck market  | 
4.2.3 Rising investments in agriculture and mining sectors leading to higher demand for heavy commercial trucks  | 
4.3 Market Restraints  | 
4.3.1 High initial purchase cost of heavy commercial trucks leading to affordability issues for potential buyers  | 
4.3.2 Dependence on imported trucks, which can be impacted by currency fluctuations and trade regulations  | 
5 Grenada Heavy Commercial Truck Market Trends  | 
6 Grenada Heavy Commercial Truck Market, By Types  | 
6.1 Grenada Heavy Commercial Truck Market, By Truck Type  | 
6.1.1 Overview and Analysis  | 
6.1.2 Grenada Heavy Commercial Truck Market Revenues & Volume, By Truck Type, 2021- 2031F  | 
6.1.3 Grenada Heavy Commercial Truck Market Revenues & Volume, By Semi-Trailer Truck, 2021- 2031F  | 
6.1.4 Grenada Heavy Commercial Truck Market Revenues & Volume, By 18-Wheeler Truck, 2021- 2031F  | 
6.1.5 Grenada Heavy Commercial Truck Market Revenues & Volume, By Tanker Truck, 2021- 2031F  | 
6.1.6 Grenada Heavy Commercial Truck Market Revenues & Volume, By Heavy Truck, 2021- 2031F  | 
6.1.7 Grenada Heavy Commercial Truck Market Revenues & Volume, By Flatbed Truck, 2021- 2031F  | 
6.1.8 Grenada Heavy Commercial Truck Market Revenues & Volume, By Garbage Truck, 2021- 2031F  | 
6.1.9 Grenada Heavy Commercial Truck Market Revenues & Volume, By Panel Truck, 2021- 2031F  | 
6.1.10 Grenada Heavy Commercial Truck Market Revenues & Volume, By Panel Truck, 2021- 2031F  | 
6.2 Grenada Heavy Commercial Truck Market, By Class  | 
6.2.1 Overview and Analysis  | 
6.2.2 Grenada Heavy Commercial Truck Market Revenues & Volume, By Class 5, 2021- 2031F  | 
6.2.3 Grenada Heavy Commercial Truck Market Revenues & Volume, By Class 6, 2021- 2031F  | 
6.2.4 Grenada Heavy Commercial Truck Market Revenues & Volume, By Class 7, 2021- 2031F  | 
6.2.5 Grenada Heavy Commercial Truck Market Revenues & Volume, By Class 8, 2021- 2031F  | 
6.3 Grenada Heavy Commercial Truck Market, By Fuel  | 
6.3.1 Overview and Analysis  | 
6.3.2 Grenada Heavy Commercial Truck Market Revenues & Volume, By Diesel, 2021- 2031F  | 
6.3.3 Grenada Heavy Commercial Truck Market Revenues & Volume, By Natural Gas, 2021- 2031F  | 
6.3.4 Grenada Heavy Commercial Truck Market Revenues & Volume, By Hybrid Electric Vehicle, 2021- 2031F  | 
6.3.5 Grenada Heavy Commercial Truck Market Revenues & Volume, By Gasoline, 2021- 2031F  | 
6.4 Grenada Heavy Commercial Truck Market, By Application  | 
6.4.1 Overview and Analysis  | 
6.4.2 Grenada Heavy Commercial Truck Market Revenues & Volume, By Agriculture, 2021- 2031F  | 
6.4.3 Grenada Heavy Commercial Truck Market Revenues & Volume, By Logistics, 2021- 2031F  | 
6.4.4 Grenada Heavy Commercial Truck Market Revenues & Volume, By Construction, 2021- 2031F  | 
6.4.5 Grenada Heavy Commercial Truck Market Revenues & Volume, By Mining, 2021- 2031F  | 
7 Grenada Heavy Commercial Truck Market Import-Export Trade Statistics  | 
7.1 Grenada Heavy Commercial Truck Market Export to Major Countries  | 
7.2 Grenada Heavy Commercial Truck Market Imports from Major Countries  | 
8 Grenada Heavy Commercial Truck Market Key Performance Indicators  | 
8.1 Average age of heavy commercial truck fleet in Grenada  | 
8.2 Number of new infrastructure projects announced in Grenada  | 
8.3 Growth rate of GDP in sectors that heavily rely on heavy commercial trucks, such as construction, agriculture, and mining  | 
9 Grenada Heavy Commercial Truck Market - Opportunity Assessment  | 
9.1 Grenada Heavy Commercial Truck Market Opportunity Assessment, By Truck Type, 2021 & 2031F  | 
9.2 Grenada Heavy Commercial Truck Market Opportunity Assessment, By Class, 2021 & 2031F  | 
9.3 Grenada Heavy Commercial Truck Market Opportunity Assessment, By Fuel, 2021 & 2031F  | 
9.4 Grenada Heavy Commercial Truck Market Opportunity Assessment, By Application, 2021 & 2031F  | 
10 Grenada Heavy Commercial Truck Market - Competitive Landscape  | 
10.1 Grenada Heavy Commercial Truck Market Revenue Share, By Companies, 2024  | 
10.2 Grenada Heavy Commercial Truck Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 
13 Disclaimer  |