| Product Code: ETC5083432 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada saw a significant increase in import shipments of intruder detection systems, with top exporting countries being the USA, Barbados, China, Trinidad and Tobago, and Ireland. The market remained highly concentrated, indicating strong competition among suppliers. With a remarkable Compound Annual Growth Rate (CAGR) of 14.77% from 2020 to 2024, and a notable growth rate of 48.09% in 2024 alone, the demand for intruder detection systems in Grenada is on a rapid upward trajectory, presenting lucrative opportunities for market players.
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 Intruder Detection Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Intruder Detection Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Intruder Detection Systems Market - Industry Life Cycle |
3.4 Grenada Intruder Detection Systems Market - Porter's Five Forces |
3.5 Grenada Intruder Detection Systems Market Revenues & Volume Share, By Components? , 2021 & 2031F |
3.6 Grenada Intruder Detection Systems Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.7 Grenada Intruder Detection Systems Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Grenada Intruder Detection Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing crime rates in Grenada |
4.2.2 Government initiatives to improve security measures |
4.2.3 Technological advancements in intruder detection systems |
4.3 Market Restraints |
4.3.1 High initial investment required for installing intruder detection systems |
4.3.2 Lack of awareness and understanding about the benefits of such systems |
4.3.3 Limited availability of skilled professionals for system maintenance and support |
5 Grenada Intruder Detection Systems Market Trends |
6 Grenada Intruder Detection Systems Market Segmentations |
6.1 Grenada Intruder Detection Systems Market, By Components? |
6.1.1 Overview and Analysis |
6.1.2 Grenada Intruder Detection Systems Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Grenada Intruder Detection Systems Market Revenues & Volume, By Software, 2021-2031F |
6.2 Grenada Intruder Detection Systems Market, By Deployment |
6.2.1 Overview and Analysis |
6.2.2 Grenada Intruder Detection Systems Market Revenues & Volume, By Infrastructure based, 2021-2031F |
6.2.3 Grenada Intruder Detection Systems Market Revenues & Volume, By Cloud Based, 2021-2031F |
6.3 Grenada Intruder Detection Systems Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Grenada Intruder Detection Systems Market Revenues & Volume, By BFSI, 2021-2031F |
6.3.3 Grenada Intruder Detection Systems Market Revenues & Volume, By IT& Communication, 2021-2031F |
6.3.4 Grenada Intruder Detection Systems Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.5 Grenada Intruder Detection Systems Market Revenues & Volume, By Software Industry, 2021-2031F |
6.3.6 Grenada Intruder Detection Systems Market Revenues & Volume, By Manufacturing, 2021-2031F |
7 Grenada Intruder Detection Systems Market Import-Export Trade Statistics |
7.1 Grenada Intruder Detection Systems Market Export to Major Countries |
7.2 Grenada Intruder Detection Systems Market Imports from Major Countries |
8 Grenada Intruder Detection Systems Market Key Performance Indicators |
8.1 Number of reported security incidents in Grenada |
8.2 Percentage of government budget allocated to security and surveillance |
8.3 Adoption rate of smart home technologies in Grenada |
9 Grenada Intruder Detection Systems Market - Opportunity Assessment |
9.1 Grenada Intruder Detection Systems Market Opportunity Assessment, By Components? , 2021 & 2031F |
9.2 Grenada Intruder Detection Systems Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.3 Grenada Intruder Detection Systems Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Grenada Intruder Detection Systems Market - Competitive Landscape |
10.1 Grenada Intruder Detection Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Intruder Detection 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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