| Product Code: ETC12898918 | 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 magnetic sensors, with top exporting countries being the USA, Trinidad and Tobago, China, UK, and Panama. The market concentration, as measured by the HHI, remained very high, indicating a dominant presence of these key players. Despite a significant CAGR of 42.79% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -23.4%. This data suggests a dynamic market landscape for magnetic sensors in Grenada, driven by key international suppliers.
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 Magnetic Sensors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Magnetic Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Magnetic Sensors Market - Industry Life Cycle |
3.4 Grenada Magnetic Sensors Market - Porter's Five Forces |
3.5 Grenada Magnetic Sensors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Magnetic Sensors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Magnetic Sensors Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Magnetic Sensors Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Magnetic Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for magnetic sensors in automotive applications due to advancements in autonomous driving technology. |
4.2.2 Growing adoption of magnetic sensors in consumer electronics for applications such as gesture recognition and navigation. |
4.2.3 Rising use of magnetic sensors in industrial automation and robotics for precise positioning and control. |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in magnetic sensors production affecting manufacturing costs. |
4.3.2 Intense competition among key market players leading to pricing pressures. |
4.3.3 Regulatory challenges and compliance requirements impacting market entry and expansion. |
5 Grenada Magnetic Sensors Market Trends |
6 Grenada Magnetic Sensors Market, By Types |
6.1 Grenada Magnetic Sensors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Magnetic Sensors Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Magnetic Sensors Market Revenues & Volume, By Hall Effect, 2021 - 2031F |
6.1.4 Grenada Magnetic Sensors Market Revenues & Volume, By AMR, 2021 - 2031F |
6.1.5 Grenada Magnetic Sensors Market Revenues & Volume, By GMR, 2021 - 2031F |
6.2 Grenada Magnetic Sensors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Magnetic Sensors Market Revenues & Volume, By Automotive Safety, 2021 - 2031F |
6.2.3 Grenada Magnetic Sensors Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.2.4 Grenada Magnetic Sensors Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.3 Grenada Magnetic Sensors Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Magnetic Sensors Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Grenada Magnetic Sensors Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.4 Grenada Magnetic Sensors Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4 Grenada Magnetic Sensors Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Magnetic Sensors Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4.3 Grenada Magnetic Sensors Market Revenues & Volume, By Distributors, 2021 - 2031F |
6.4.4 Grenada Magnetic Sensors Market Revenues & Volume, By Online Sales, 2021 - 2031F |
7 Grenada Magnetic Sensors Market Import-Export Trade Statistics |
7.1 Grenada Magnetic Sensors Market Export to Major Countries |
7.2 Grenada Magnetic Sensors Market Imports from Major Countries |
8 Grenada Magnetic Sensors Market Key Performance Indicators |
8.1 Average selling price (ASP) of magnetic sensors in the market. |
8.2 Adoption rate of magnetic sensors in emerging applications and industries. |
8.3 Innovation rate in magnetic sensor technology development. |
9 Grenada Magnetic Sensors Market - Opportunity Assessment |
9.1 Grenada Magnetic Sensors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Magnetic Sensors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Magnetic Sensors Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Magnetic Sensors Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Magnetic Sensors Market - Competitive Landscape |
10.1 Grenada Magnetic Sensors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Magnetic Sensors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |