Grenada Hub Motor Market (2025-2031) | Share, Outlook, Segmentation, Analysis, Revenue, Companies, Trends, Growth, Value, Forecast, Size & Industry

Market Forecast By Installation (Front, Rear), By Vehicle (E-Bikes, E-Scooters/Mopeds, E-Motorcycles), By Motor (Geared , Gearless) And Competitive Landscape
Product Code: ETC5881147 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Grenada Hub Motor Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of hub motors to Grenada in 2024 saw a significant increase in concentration, with a high Herfindahl-Hirschman Index (HHI) indicating a strong dominance by top exporting countries like the USA, China, UK, Puerto Rico, and Trinidad and Tobago. The compound annual growth rate (CAGR) for the period 2020-2024 was impressive at 25.67%, while the growth rate from 2023 to 2024 surged by 56.0%. This data suggests a thriving market for hub motors in Grenada with a notable influx of imports from key international suppliers, driving the industry forward.

Key Highlights of the Report:

  • Grenada Hub Motor Market Outlook
  • Market Size of Grenada Hub Motor Market, 2024
  • Forecast of Grenada Hub Motor Market, 2031
  • Historical Data and Forecast of Grenada Hub Motor Revenues & Volume for the Period 2021-2031
  • Grenada Hub Motor Market Trend Evolution
  • Grenada Hub Motor Market Drivers and Challenges
  • Grenada Hub Motor Price Trends
  • Grenada Hub Motor Porter`s Five Forces
  • Grenada Hub Motor Industry Life Cycle
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By Installation for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By Front for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By Rear for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By Vehicle for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By E-Bikes for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By E-Scooters/Mopeds for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By E-Motorcycles for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By Motor for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By Geared for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hub Motor Market Revenues & Volume By Gearless for the Period 2021-2031
  • Grenada Hub Motor Import Export Trade Statistics
  • Market Opportunity Assessment By Installation
  • Market Opportunity Assessment By Vehicle
  • Market Opportunity Assessment By Motor
  • Grenada Hub Motor Top Companies Market Share
  • Grenada Hub Motor Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Hub Motor Company Profiles
  • Grenada Hub Motor Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Hub Motor Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Hub Motor Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Hub Motor Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Hub Motor Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Hub Motor Market - Industry Life Cycle

3.4 Grenada Hub Motor Market - Porter's Five Forces

3.5 Grenada Hub Motor Market Revenues & Volume Share, By Installation, 2021 & 2031F

3.6 Grenada Hub Motor Market Revenues & Volume Share, By Vehicle, 2021 & 2031F

3.7 Grenada Hub Motor Market Revenues & Volume Share, By Motor, 2021 & 2031F

4 Grenada Hub Motor Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for electric bicycles and e-scooters

4.2.2 Growing focus on sustainable transportation solutions

4.2.3 Technological advancements in hub motor efficiency and performance

4.3 Market Restraints

4.3.1 High initial investment costs for electric vehicles using hub motors

4.3.2 Limited awareness and adoption of electric bicycles and e-scooters in some regions

5 Grenada Hub Motor Market Trends

6 Grenada Hub Motor Market Segmentations

6.1 Grenada Hub Motor Market, By Installation

6.1.1 Overview and Analysis

6.1.2 Grenada Hub Motor Market Revenues & Volume, By Front, 2021-2031F

6.1.3 Grenada Hub Motor Market Revenues & Volume, By Rear, 2021-2031F

6.2 Grenada Hub Motor Market, By Vehicle

6.2.1 Overview and Analysis

6.2.2 Grenada Hub Motor Market Revenues & Volume, By E-Bikes, 2021-2031F

6.2.3 Grenada Hub Motor Market Revenues & Volume, By E-Scooters/Mopeds, 2021-2031F

6.2.4 Grenada Hub Motor Market Revenues & Volume, By E-Motorcycles, 2021-2031F

6.3 Grenada Hub Motor Market, By Motor

6.3.1 Overview and Analysis

6.3.2 Grenada Hub Motor Market Revenues & Volume, By Geared , 2021-2031F

6.3.3 Grenada Hub Motor Market Revenues & Volume, By Gearless, 2021-2031F

7 Grenada Hub Motor Market Import-Export Trade Statistics

7.1 Grenada Hub Motor Market Export to Major Countries

7.2 Grenada Hub Motor Market Imports from Major Countries

8 Grenada Hub Motor Market Key Performance Indicators

8.1 Battery range improvement rate

8.2 Average charging time reduction

8.3 Adoption rate of electric bicycles and e-scooters

9 Grenada Hub Motor Market - Opportunity Assessment

9.1 Grenada Hub Motor Market Opportunity Assessment, By Installation, 2021 & 2031F

9.2 Grenada Hub Motor Market Opportunity Assessment, By Vehicle, 2021 & 2031F

9.3 Grenada Hub Motor Market Opportunity Assessment, By Motor, 2021 & 2031F

10 Grenada Hub Motor Market - Competitive Landscape

10.1 Grenada Hub Motor Market Revenue Share, By Companies, 2024

10.2 Grenada Hub Motor Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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