| Product Code: ETC12840934 | 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 infrared gas sensors, with top exporting countries being the USA, Netherlands, China, Italy, and Areas, nes. The market saw a high concentration level with the Herfindahl-Hirschman Index (HHI) remaining very high. However, there was a declining trend in the Compound Annual Growth Rate (CAGR) from 2020-2024 at -0.27%, and a significant drop in the growth rate from 2023-2024 at -86.17%. This indicates a challenging market environment for the infrared gas sensor import shipments 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 Infrared Gas Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Infrared Gas Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Infrared Gas Sensor Market - Industry Life Cycle |
3.4 Grenada Infrared Gas Sensor Market - Porter's Five Forces |
3.5 Grenada Infrared Gas Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Infrared Gas Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Infrared Gas Sensor Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Grenada Infrared Gas Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Infrared Gas Sensor Market Trends |
6 Grenada Infrared Gas Sensor Market, By Types |
6.1 Grenada Infrared Gas Sensor Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Infrared Gas Sensor Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 Grenada Infrared Gas Sensor Market Revenues & Volume, By Non-Dispersive Infrared (NDIR), 2021 - 2031F |
6.1.4 Grenada Infrared Gas Sensor Market Revenues & Volume, By Tunable Diode Laser Spectroscopy (TDLS), 2021 - 2031F |
6.2 Grenada Infrared Gas Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Infrared Gas Sensor Market Revenues & Volume, By Industrial Safety, 2021 - 2031F |
6.2.3 Grenada Infrared Gas Sensor Market Revenues & Volume, By Environmental Monitoring, 2021 - 2031F |
6.3 Grenada Infrared Gas Sensor Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Infrared Gas Sensor Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.3.3 Grenada Infrared Gas Sensor Market Revenues & Volume, By Healthcare, 2021 - 2031F |
7 Grenada Infrared Gas Sensor Market Import-Export Trade Statistics |
7.1 Grenada Infrared Gas Sensor Market Export to Major Countries |
7.2 Grenada Infrared Gas Sensor Market Imports from Major Countries |
8 Grenada Infrared Gas Sensor Market Key Performance Indicators |
9 Grenada Infrared Gas Sensor Market - Opportunity Assessment |
9.1 Grenada Infrared Gas Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Infrared Gas Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Infrared Gas Sensor Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Grenada Infrared Gas Sensor Market - Competitive Landscape |
10.1 Grenada Infrared Gas Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Infrared Gas 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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