Grenada Marine Propulsion Systems Market (2025-2031) | Value, Companies, Industry, Share, Analysis, Growth, Size, Forecast, Outlook, Revenue, Segmentation & Trends

Name: Grenada Marine Propulsion Systems Market (2025-2031) | Value & Industry
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Product (Diesel, Wind & Solar, Gas Turbine, Fuel Cell, Steam Turbine, Natural Gas, Others), By Power (Below 1,000 HP, 1,001-5,000 HP, 5,001-10,000 HP, 10,001-20,000 HP, Above 20,000 HP), By Technology (Low Speed, Medium Speed, High Speed), By Propulsion (2 Stroke, 4 Stroke), By Application (Commercial, Offshore, Recreational, Navy, Others) And Competitive Landscape

Product Code: ETC5399706	Publication Date: Nov 2023	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Grenada Marine Propulsion Systems Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s marine propulsion systems import market in 2024 continued to be dominated by top exporting countries such as Japan, USA, UK, Trinidad and Tobago, and others. Despite a high Herfindahl-Hirschman Index (HHI) indicating significant market concentration, the industry saw a negative Compound Annual Growth Rate (CAGR) of -9.15% from 2020 to 2024. The growth rate from 2023 to 2024 experienced a steep decline of -47.03%, highlighting potential challenges or shifts in the market dynamics during that period.

Key Highlights of the Report:

Grenada Marine Propulsion Systems Market Outlook
Market Size of Grenada Marine Propulsion Systems Market, 2024
Forecast of Grenada Marine Propulsion Systems Market, 2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Revenues & Volume for the Period 2021-2031
Grenada Marine Propulsion Systems Market Trend Evolution
Grenada Marine Propulsion Systems Market Drivers and Challenges
Grenada Marine Propulsion Systems Price Trends
Grenada Marine Propulsion Systems Porter`s Five Forces
Grenada Marine Propulsion Systems Industry Life Cycle
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Product for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Diesel for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Wind & Solar for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Gas Turbine for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Fuel Cell for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Steam Turbine for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Natural Gas for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Power for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Below 1,000 HP for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By 1,001-5,000 HP for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By 5,001-10,000 HP for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By 10,001-20,000 HP for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Above 20,000 HP for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Technology for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Low Speed for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Medium Speed for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By High Speed for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Propulsion for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By 2 Stroke for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By 4 Stroke for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Commercial for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Offshore for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Recreational for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Navy for the Period 2021-2031
Historical Data and Forecast of Grenada Marine Propulsion Systems Market Revenues & Volume By Others for the Period 2021-2031
Grenada Marine Propulsion Systems Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Power
Market Opportunity Assessment By Technology
Market Opportunity Assessment By Propulsion
Market Opportunity Assessment By Application
Grenada Marine Propulsion Systems Top Companies Market Share
Grenada Marine Propulsion Systems Competitive Benchmarking By Technical and Operational Parameters
Grenada Marine Propulsion Systems Company Profiles
Grenada Marine Propulsion Systems Key Strategic Recommendations

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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 Propulsion Systems Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Marine Propulsion Systems Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Marine Propulsion Systems Market - Industry Life Cycle

3.4 Grenada Marine Propulsion Systems Market - Porter's Five Forces

3.5 Grenada Marine Propulsion Systems Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Grenada Marine Propulsion Systems Market Revenues & Volume Share, By Power, 2021 & 2031F

3.7 Grenada Marine Propulsion Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.8 Grenada Marine Propulsion Systems Market Revenues & Volume Share, By Propulsion, 2021 & 2031F

3.9 Grenada Marine Propulsion Systems Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Marine Propulsion Systems Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for energy-efficient propulsion systems in the marine industry

4.2.2 Growing focus on reducing emissions and environmental impact of marine vessels

4.2.3 Rise in marine tourism and recreational boating activities in Grenada

4.3 Market Restraints

4.3.1 High upfront costs associated with marine propulsion systems

4.3.2 Limited availability of skilled workforce for installation and maintenance of propulsion systems

4.3.3 Regulatory challenges and compliance requirements in the marine industry

5 Grenada Marine Propulsion Systems Market Trends

6 Grenada Marine Propulsion Systems Market Segmentations

6.1 Grenada Marine Propulsion Systems Market, By Product

6.1.1 Overview and Analysis

6.1.2 Grenada Marine Propulsion Systems Market Revenues & Volume, By Diesel, 2021-2031F

6.1.3 Grenada Marine Propulsion Systems Market Revenues & Volume, By Wind & Solar, 2021-2031F

6.1.4 Grenada Marine Propulsion Systems Market Revenues & Volume, By Gas Turbine, 2021-2031F

6.1.5 Grenada Marine Propulsion Systems Market Revenues & Volume, By Fuel Cell, 2021-2031F

6.1.6 Grenada Marine Propulsion Systems Market Revenues & Volume, By Steam Turbine, 2021-2031F

6.1.7 Grenada Marine Propulsion Systems Market Revenues & Volume, By Natural Gas, 2021-2031F

6.2 Grenada Marine Propulsion Systems Market, By Power

6.2.1 Overview and Analysis

6.2.2 Grenada Marine Propulsion Systems Market Revenues & Volume, By Below 1,000 HP, 2021-2031F

6.2.3 Grenada Marine Propulsion Systems Market Revenues & Volume, By 1,001-5,000 HP, 2021-2031F

6.2.4 Grenada Marine Propulsion Systems Market Revenues & Volume, By 5,001-10,000 HP, 2021-2031F

6.2.5 Grenada Marine Propulsion Systems Market Revenues & Volume, By 10,001-20,000 HP, 2021-2031F

6.2.6 Grenada Marine Propulsion Systems Market Revenues & Volume, By Above 20,000 HP, 2021-2031F

6.3 Grenada Marine Propulsion Systems Market, By Technology

6.3.1 Overview and Analysis

6.3.2 Grenada Marine Propulsion Systems Market Revenues & Volume, By Low Speed, 2021-2031F

6.3.3 Grenada Marine Propulsion Systems Market Revenues & Volume, By Medium Speed, 2021-2031F

6.3.4 Grenada Marine Propulsion Systems Market Revenues & Volume, By High Speed, 2021-2031F

6.4 Grenada Marine Propulsion Systems Market, By Propulsion

6.4.1 Overview and Analysis

6.4.2 Grenada Marine Propulsion Systems Market Revenues & Volume, By 2 Stroke, 2021-2031F

6.4.3 Grenada Marine Propulsion Systems Market Revenues & Volume, By 4 Stroke, 2021-2031F

6.5 Grenada Marine Propulsion Systems Market, By Application

6.5.1 Overview and Analysis

6.5.2 Grenada Marine Propulsion Systems Market Revenues & Volume, By Commercial, 2021-2031F

6.5.3 Grenada Marine Propulsion Systems Market Revenues & Volume, By Offshore, 2021-2031F

6.5.4 Grenada Marine Propulsion Systems Market Revenues & Volume, By Recreational, 2021-2031F

6.5.5 Grenada Marine Propulsion Systems Market Revenues & Volume, By Navy, 2021-2031F

6.5.6 Grenada Marine Propulsion Systems Market Revenues & Volume, By Others, 2021-2031F

7 Grenada Marine Propulsion Systems Market Import-Export Trade Statistics

7.1 Grenada Marine Propulsion Systems Market Export to Major Countries

7.2 Grenada Marine Propulsion Systems Market Imports from Major Countries

8 Grenada Marine Propulsion Systems Market Key Performance Indicators

8.1 Average fuel efficiency improvement achieved by vessels using advanced propulsion systems

8.2 Number of new marine propulsion system installations in Grenada

8.3 Percentage of marine vessels in Grenada equipped with eco-friendly propulsion technologies

8.4 Average downtime for marine vessels due to propulsion system maintenance or repairs

9 Grenada Marine Propulsion Systems Market - Opportunity Assessment

9.1 Grenada Marine Propulsion Systems Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Grenada Marine Propulsion Systems Market Opportunity Assessment, By Power, 2021 & 2031F

9.3 Grenada Marine Propulsion Systems Market Opportunity Assessment, By Technology, 2021 & 2031F

9.4 Grenada Marine Propulsion Systems Market Opportunity Assessment, By Propulsion, 2021 & 2031F

9.5 Grenada Marine Propulsion Systems Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Marine Propulsion Systems Market - Competitive Landscape

10.1 Grenada Marine Propulsion Systems Market Revenue Share, By Companies, 2024

10.2 Grenada Marine Propulsion Systems Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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