| 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 |
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.
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 |