| Product Code: ETC7372566 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to predominantly source its infrared vision systems from key exporters such as the USA, Metropolitan France, China, Panama, and Barbados. Despite the high concentration of imports, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -31.39% from 2020 to 2024. The growth rate further plummeted by -69.61% from 2023 to 2024, indicating a challenging year for the market. It will be crucial for market players to strategize effectively in response to these downward trends and potentially explore new opportunities for growth in the coming years.
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 Vision Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Infrared Vision Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Infrared Vision Systems Market - Industry Life Cycle |
3.4 Grenada Infrared Vision Systems Market - Porter's Five Forces |
3.5 Grenada Infrared Vision Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada Infrared Vision Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Infrared Vision Systems Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 Grenada Infrared Vision Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Infrared Vision Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Infrared Vision Systems Market Trends |
6 Grenada Infrared Vision Systems Market, By Types |
6.1 Grenada Infrared Vision Systems Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada Infrared Vision Systems Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Grenada Infrared Vision Systems Market Revenues & Volume, By Sensors, 2021- 2031F |
6.1.4 Grenada Infrared Vision Systems Market Revenues & Volume, By Camera, 2021- 2031F |
6.1.5 Grenada Infrared Vision Systems Market Revenues & Volume, By Display, 2021- 2031F |
6.1.6 Grenada Infrared Vision Systems Market Revenues & Volume, By Processing Unit, 2021- 2031F |
6.1.7 Grenada Infrared Vision Systems Market Revenues & Volume, By Control Electronics, 2021- 2031F |
6.2 Grenada Infrared Vision Systems Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Infrared Vision Systems Market Revenues & Volume, By Infrared, 2021- 2031F |
6.2.3 Grenada Infrared Vision Systems Market Revenues & Volume, By Synthetic Vision, 2021- 2031F |
6.2.4 Grenada Infrared Vision Systems Market Revenues & Volume, By Millimeter Wave Radar, 2021- 2031F |
6.2.5 Grenada Infrared Vision Systems Market Revenues & Volume, By GPS, 2021- 2031F |
6.3 Grenada Infrared Vision Systems Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 Grenada Infrared Vision Systems Market Revenues & Volume, By Fixed Wing, 2021- 2031F |
6.3.3 Grenada Infrared Vision Systems Market Revenues & Volume, By Rotary Wing, 2021- 2031F |
6.4 Grenada Infrared Vision Systems Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Infrared Vision Systems Market Revenues & Volume, By Automotive, 2021- 2031F |
6.4.3 Grenada Infrared Vision Systems Market Revenues & Volume, By BFSI, 2021- 2031F |
6.4.4 Grenada Infrared Vision Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.5 Grenada Infrared Vision Systems Market Revenues & Volume, By Government & Defense, 2021- 2031F |
6.4.6 Grenada Infrared Vision Systems Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.4.7 Grenada Infrared Vision Systems Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Grenada Infrared Vision Systems Market Import-Export Trade Statistics |
7.1 Grenada Infrared Vision Systems Market Export to Major Countries |
7.2 Grenada Infrared Vision Systems Market Imports from Major Countries |
8 Grenada Infrared Vision Systems Market Key Performance Indicators |
9 Grenada Infrared Vision Systems Market - Opportunity Assessment |
9.1 Grenada Infrared Vision Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada Infrared Vision Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Infrared Vision Systems Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 Grenada Infrared Vision Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Infrared Vision Systems Market - Competitive Landscape |
10.1 Grenada Infrared Vision Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Infrared Vision Systems 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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