| Product Code: ETC12814822 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to heavily rely on imports of industrial humidity sensors, with Trinidad and Tobago, USA, China, Canada, and Panama being the top exporting countries. Despite a high concentration of imports, the market experienced a healthy compound annual growth rate (CAGR) of 8.57% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -10.38%. The consistent demand for industrial humidity sensors from these key exporting countries indicates a stable market for such products in Grenada.
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 Industrial Humidity Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Industrial Humidity Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Industrial Humidity Sensor Market - Industry Life Cycle |
3.4 Grenada Industrial Humidity Sensor Market - Porter's Five Forces |
3.5 Grenada Industrial Humidity Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Industrial Humidity Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Industrial Humidity Sensor Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Industrial Humidity Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Industrial Humidity Sensor Market Trends |
6 Grenada Industrial Humidity Sensor Market, By Types |
6.1 Grenada Industrial Humidity Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Industrial Humidity Sensor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Industrial Humidity Sensor Market Revenues & Volume, By Capacitive, 2021 - 2031F |
6.1.4 Grenada Industrial Humidity Sensor Market Revenues & Volume, By Resistive, 2021 - 2031F |
6.1.5 Grenada Industrial Humidity Sensor Market Revenues & Volume, By Thermal Conductivity, 2021 - 2031F |
6.2 Grenada Industrial Humidity Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Industrial Humidity Sensor Market Revenues & Volume, By HVAC, 2021 - 2031F |
6.2.3 Grenada Industrial Humidity Sensor Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.2.4 Grenada Industrial Humidity Sensor Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3 Grenada Industrial Humidity Sensor Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Industrial Humidity Sensor Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.3 Grenada Industrial Humidity Sensor Market Revenues & Volume, By Commercial, 2021 - 2031F |
7 Grenada Industrial Humidity Sensor Market Import-Export Trade Statistics |
7.1 Grenada Industrial Humidity Sensor Market Export to Major Countries |
7.2 Grenada Industrial Humidity Sensor Market Imports from Major Countries |
8 Grenada Industrial Humidity Sensor Market Key Performance Indicators |
9 Grenada Industrial Humidity Sensor Market - Opportunity Assessment |
9.1 Grenada Industrial Humidity Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Industrial Humidity Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Industrial Humidity Sensor Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Industrial Humidity Sensor Market - Competitive Landscape |
10.1 Grenada Industrial Humidity Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Industrial Humidity Sensor 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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