| Product Code: ETC12859366 | 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 rely on imports of IR detectors, with top exporters including Trinidad and Tobago, USA, China, Canada, and Panama. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 8.57% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -10.38%. This indicates a potential shift in market dynamics that importers and industry players should monitor closely for future strategic decisions.
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 IR Detector Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada IR Detector Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada IR Detector Market - Industry Life Cycle |
3.4 Grenada IR Detector Market - Porter's Five Forces |
3.5 Grenada IR Detector Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada IR Detector Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada IR Detector Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada IR Detector Market Revenues & Volume Share, By Wavelength, 2021 & 2031F |
4 Grenada IR Detector Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada IR Detector Market Trends |
6 Grenada IR Detector Market, By Types |
6.1 Grenada IR Detector Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada IR Detector Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Grenada IR Detector Market Revenues & Volume, By Motion Sensing, 2021 - 2031F |
6.1.4 Grenada IR Detector Market Revenues & Volume, By Temperature Measurement, 2021 - 2031F |
6.1.5 Grenada IR Detector Market Revenues & Volume, By Fire Detection, 2021 - 2031F |
6.1.6 Grenada IR Detector Market Revenues & Volume, By Spectroscopy, 2021 - 2031F |
6.1.7 Grenada IR Detector Market Revenues & Volume, By Gas Analysis, 2021 - 2031F |
6.2 Grenada IR Detector Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada IR Detector Market Revenues & Volume, By Thermopile IR Detector, 2021 - 2031F |
6.2.3 Grenada IR Detector Market Revenues & Volume, By Pyroelectric IR Detector, 2021 - 2031F |
6.2.4 Grenada IR Detector Market Revenues & Volume, By Photodiode IR Detector, 2021 - 2031F |
6.3 Grenada IR Detector Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada IR Detector Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.3 Grenada IR Detector Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.4 Grenada IR Detector Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.5 Grenada IR Detector Market Revenues & Volume, By Defense, 2021 - 2031F |
6.4 Grenada IR Detector Market, By Wavelength |
6.4.1 Overview and Analysis |
6.4.2 Grenada IR Detector Market Revenues & Volume, By Near IR, 2021 - 2031F |
6.4.3 Grenada IR Detector Market Revenues & Volume, By Mid IR, 2021 - 2031F |
6.4.4 Grenada IR Detector Market Revenues & Volume, By Far IR, 2021 - 2031F |
7 Grenada IR Detector Market Import-Export Trade Statistics |
7.1 Grenada IR Detector Market Export to Major Countries |
7.2 Grenada IR Detector Market Imports from Major Countries |
8 Grenada IR Detector Market Key Performance Indicators |
9 Grenada IR Detector Market - Opportunity Assessment |
9.1 Grenada IR Detector Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada IR Detector Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada IR Detector Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada IR Detector Market Opportunity Assessment, By Wavelength, 2021 & 2031F |
10 Grenada IR Detector Market - Competitive Landscape |
10.1 Grenada IR Detector Market Revenue Share, By Companies, 2024 |
10.2 Grenada IR Detector 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.
To discover high-growth global markets and optimize your business strategy:
Click Here