| Product Code: ETC12899686 | 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 see a high concentration of magnetometer import shipments, with the top exporting countries being the USA, Trinidad and Tobago, Malta, Italy, and Germany. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 25.3%, with a notable growth rate of 21.55% from 2023 to 2024. This data suggests a robust and dynamic market for magnetometers in Grenada, driven by imports from key trading partners.
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 Magnetometer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Magnetometer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Magnetometer Market - Industry Life Cycle |
3.4 Grenada Magnetometer Market - Porter's Five Forces |
3.5 Grenada Magnetometer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Magnetometer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Magnetometer Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Magnetometer Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Magnetometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for magnetometers in geophysical exploration activities in Grenada |
4.2.2 Growing awareness about the importance of magnetometers in environmental monitoring and research |
4.2.3 Technological advancements leading to the development of more accurate and efficient magnetometer products |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up magnetometer operations in Grenada |
4.3.2 Lack of skilled professionals for operating and maintaining magnetometer equipment in the market |
5 Grenada Magnetometer Market Trends |
6 Grenada Magnetometer Market, By Types |
6.1 Grenada Magnetometer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Magnetometer Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Magnetometer Market Revenues & Volume, By Scalar Magnetometer, 2021 - 2031F |
6.1.4 Grenada Magnetometer Market Revenues & Volume, By Vector Magnetometer, 2021 - 2031F |
6.1.5 Grenada Magnetometer Market Revenues & Volume, By Proton Precession Magnetometer, 2021 - 2031F |
6.2 Grenada Magnetometer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Magnetometer Market Revenues & Volume, By Geophysical Surveys, 2021 - 2031F |
6.2.3 Grenada Magnetometer Market Revenues & Volume, By Space Exploration, 2021 - 2031F |
6.2.4 Grenada Magnetometer Market Revenues & Volume, By Mineral Exploration, 2021 - 2031F |
6.3 Grenada Magnetometer Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Magnetometer Market Revenues & Volume, By Military & Defense, 2021 - 2031F |
6.3.3 Grenada Magnetometer Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.3.4 Grenada Magnetometer Market Revenues & Volume, By Research Institutes, 2021 - 2031F |
6.4 Grenada Magnetometer Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Magnetometer Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4.3 Grenada Magnetometer Market Revenues & Volume, By Online Sales, 2021 - 2031F |
6.4.4 Grenada Magnetometer Market Revenues & Volume, By Distributors, 2021 - 2031F |
7 Grenada Magnetometer Market Import-Export Trade Statistics |
7.1 Grenada Magnetometer Market Export to Major Countries |
7.2 Grenada Magnetometer Market Imports from Major Countries |
8 Grenada Magnetometer Market Key Performance Indicators |
8.1 Adoption rate of magnetometer technology in various industries in Grenada |
8.2 Rate of technological innovation in the magnetometer market specific to Grenada |
8.3 Percentage of companies in Grenada incorporating magnetometer data into their decision-making processes |
9 Grenada Magnetometer Market - Opportunity Assessment |
9.1 Grenada Magnetometer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Magnetometer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Magnetometer Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Magnetometer Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Magnetometer Market - Competitive Landscape |
10.1 Grenada Magnetometer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Magnetometer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |