| Product Code: ETC12657766 | 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 |
Grenada`s mechanical pump import market saw a shift in concentration towards top exporters like the USA, Italy, UK, China, and Saint Lucia in 2024. The Herfindahl-Hirschman Index (HHI) indicates a significant increase in market concentration, suggesting potential challenges for competition. Despite a CAGR of 3.29% from 2020 to 2024, the negative growth rate of -12.17% in 2024 raises concerns about market dynamics. Stakeholders should closely monitor these trends to adapt strategies for sustainable growth in the mechanical pump import sector.
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 Mechanical Pump Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mechanical Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mechanical Pump Market - Industry Life Cycle |
3.4 Grenada Mechanical Pump Market - Porter's Five Forces |
3.5 Grenada Mechanical Pump Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 Grenada Mechanical Pump Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Grenada Mechanical Pump Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Mechanical Pump Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Grenada Mechanical Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient and reliable mechanical pumps in industries such as manufacturing, agriculture, and water treatment. |
4.2.2 Growing focus on infrastructure development in Grenada leading to higher demand for mechanical pumps for construction projects. |
4.2.3 Technological advancements in mechanical pump design and efficiency driving market growth. |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with mechanical pumps may hinder market growth. |
4.3.2 Limited availability of skilled technicians for maintenance and repair of mechanical pumps in Grenada. |
4.3.3 Fluctuating raw material prices impacting the overall cost of mechanical pumps. |
5 Grenada Mechanical Pump Market Trends |
6 Grenada Mechanical Pump Market, By Types |
6.1 Grenada Mechanical Pump Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mechanical Pump Market Revenues & Volume, By Technology Type, 2021 - 2031F |
6.1.3 Grenada Mechanical Pump Market Revenues & Volume, By Single Stage, 2021 - 2031F |
6.1.4 Grenada Mechanical Pump Market Revenues & Volume, By Multi Stage, 2021 - 2031F |
6.2 Grenada Mechanical Pump Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Grenada Mechanical Pump Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.3 Grenada Mechanical Pump Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Grenada Mechanical Pump Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3 Grenada Mechanical Pump Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Mechanical Pump Market Revenues & Volume, By Manufacturing Plants, 2021 - 2031F |
6.3.3 Grenada Mechanical Pump Market Revenues & Volume, By Office Buildings, 2021 - 2031F |
6.3.4 Grenada Mechanical Pump Market Revenues & Volume, By Homeowners, 2021 - 2031F |
6.4 Grenada Mechanical Pump Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Mechanical Pump Market Revenues & Volume, By Centrifugal Pumps, 2021 - 2031F |
6.4.3 Grenada Mechanical Pump Market Revenues & Volume, By Positive Displacement, 2021 - 2031F |
7 Grenada Mechanical Pump Market Import-Export Trade Statistics |
7.1 Grenada Mechanical Pump Market Export to Major Countries |
7.2 Grenada Mechanical Pump Market Imports from Major Countries |
8 Grenada Mechanical Pump Market Key Performance Indicators |
8.1 Energy efficiency rating of mechanical pumps used in Grenada. |
8.2 Average downtime of mechanical pumps in various industries. |
8.3 Adoption rate of smart and IoT-enabled mechanical pumps in Grenada. |
8.4 Average lifespan of mechanical pumps in different applications. |
8.5 Percentage of mechanical pump failures due to maintenance issues. |
9 Grenada Mechanical Pump Market - Opportunity Assessment |
9.1 Grenada Mechanical Pump Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 Grenada Mechanical Pump Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Grenada Mechanical Pump Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Mechanical Pump Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Grenada Mechanical Pump Market - Competitive Landscape |
10.1 Grenada Mechanical Pump Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mechanical Pump 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