| Product Code: ETC12917350 | 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 saw a significant influx of marine dynamic positioning systems imports, with top exporters being the USA, Barbados, Guyana, and Saint Vincent and the Grenadines. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a healthy Compound Annual Growth Rate (CAGR) of 6.15% from 2020 to 2024. However, a notable decline in growth rate of -48.84% from 2023 to 2024 suggests potential challenges or shifts in the market dynamics that warrant further investigation.
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 Marine Dynamic Positioning Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Marine Dynamic Positioning Systems Market - Industry Life Cycle |
3.4 Grenada Marine Dynamic Positioning Systems Market - Porter's Five Forces |
3.5 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.7 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Marine Dynamic Positioning Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced marine technology for efficient vessel operations |
4.2.2 Growth in the offshore oil and gas industry, driving the need for dynamic positioning systems in Grenada |
4.2.3 Technological advancements leading to more reliable and precise dynamic positioning systems |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with dynamic positioning systems |
4.3.2 Regulatory challenges and compliance requirements for marine technology in Grenada |
5 Grenada Marine Dynamic Positioning Systems Market Trends |
6 Grenada Marine Dynamic Positioning Systems Market, By Types |
6.1 Grenada Marine Dynamic Positioning Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Manual DP, 2021 - 2031F |
6.1.4 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Automatic DP, 2021 - 2031F |
6.1.5 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Hybrid DP, 2021 - 2031F |
6.2 Grenada Marine Dynamic Positioning Systems Market, By Class |
6.2.1 Overview and Analysis |
6.2.2 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Class 1, 2021 - 2031F |
6.2.3 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Class 2, 2021 - 2031F |
6.2.4 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Class 3, 2021 - 2031F |
6.3 Grenada Marine Dynamic Positioning Systems Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Offshore Drilling, 2021 - 2031F |
6.3.3 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Naval Defense, 2021 - 2031F |
6.3.4 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Cruise Ships, 2021 - 2031F |
6.4 Grenada Marine Dynamic Positioning Systems Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.4.3 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Military, 2021 - 2031F |
6.4.4 Grenada Marine Dynamic Positioning Systems Market Revenues & Volume, By Commercial Shipping, 2021 - 2031F |
7 Grenada Marine Dynamic Positioning Systems Market Import-Export Trade Statistics |
7.1 Grenada Marine Dynamic Positioning Systems Market Export to Major Countries |
7.2 Grenada Marine Dynamic Positioning Systems Market Imports from Major Countries |
8 Grenada Marine Dynamic Positioning Systems Market Key Performance Indicators |
8.1 Average downtime of vessels using dynamic positioning systems |
8.2 Number of new installations of dynamic positioning systems in Grenada |
8.3 Rate of adoption of dynamic positioning systems among different types of vessels in Grenada |
8.4 Efficiency improvement percentage achieved by vessels using dynamic positioning systems |
9 Grenada Marine Dynamic Positioning Systems Market - Opportunity Assessment |
9.1 Grenada Marine Dynamic Positioning Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Marine Dynamic Positioning Systems Market Opportunity Assessment, By Class, 2021 & 2031F |
9.3 Grenada Marine Dynamic Positioning Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Marine Dynamic Positioning Systems Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Marine Dynamic Positioning Systems Market - Competitive Landscape |
10.1 Grenada Marine Dynamic Positioning Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Marine Dynamic Positioning 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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