| Product Code: ETC10624294 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada saw significant import shipments of MEMS accelerometers and gyroscopes, with top exporting countries being Trinidad and Tobago, USA, China, Canada, and Panama. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a healthy compound annual growth rate (CAGR) of 8.57% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024 at -10.38%. This data highlights the competitive landscape and evolving dynamics within the Grenada MEMS accelerometer and gyroscope market.
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 MEMS Accelerometer & Gyroscope Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada MEMS Accelerometer & Gyroscope Market - Industry Life Cycle |
3.4 Grenada MEMS Accelerometer & Gyroscope Market - Porter's Five Forces |
3.5 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada MEMS Accelerometer & Gyroscope Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics such as smartphones, wearable devices, and gaming consoles that use MEMS accelerometers and gyroscopes. |
4.2.2 Growing adoption of MEMS accelerometers and gyroscopes in automotive applications for advanced driver assistance systems (ADAS) and autonomous vehicles. |
4.2.3 Technological advancements leading to miniaturization, improved performance, and cost-effectiveness of MEMS accelerometers and gyroscopes. |
4.3 Market Restraints |
4.3.1 Intense competition among market players leading to price wars and margin pressures. |
4.3.2 Challenges related to calibration, accuracy, and reliability of MEMS accelerometers and gyroscopes in critical applications such as aerospace and defense. |
4.3.3 Potential supply chain disruptions and raw material shortages impacting production and delivery of MEMS accelerometers and gyroscopes. |
5 Grenada MEMS Accelerometer & Gyroscope Market Trends |
6 Grenada MEMS Accelerometer & Gyroscope Market, By Types |
6.1 Grenada MEMS Accelerometer & Gyroscope Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Accelerometer, 2021 - 2031F |
6.1.4 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Gyroscope, 2021 - 2031F |
6.1.5 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Combo Sensor, 2021 - 2031F |
6.1.6 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada MEMS Accelerometer & Gyroscope Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Motion Sensing, 2021 - 2031F |
6.2.3 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Navigation, 2021 - 2031F |
6.2.4 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Industrial Monitoring, 2021 - 2031F |
6.2.5 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Healthcare Devices, 2021 - 2031F |
6.3 Grenada MEMS Accelerometer & Gyroscope Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.3 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.3.5 Grenada MEMS Accelerometer & Gyroscope Market Revenues & Volume, By Healthcare, 2021 - 2031F |
7 Grenada MEMS Accelerometer & Gyroscope Market Import-Export Trade Statistics |
7.1 Grenada MEMS Accelerometer & Gyroscope Market Export to Major Countries |
7.2 Grenada MEMS Accelerometer & Gyroscope Market Imports from Major Countries |
8 Grenada MEMS Accelerometer & Gyroscope Market Key Performance Indicators |
8.1 Average selling price (ASP) trend of MEMS accelerometers and gyroscopes. |
8.2 Number of patents filed or granted for MEMS accelerometer and gyroscope technologies. |
8.3 Adoption rate of MEMS accelerometers and gyroscopes in emerging applications or industries. |
8.4 Rate of new product launches and innovations in MEMS accelerometer and gyroscope market. |
8.5 Customer satisfaction metrics and feedback on the performance and reliability of MEMS accelerometers and gyroscopes. |
9 Grenada MEMS Accelerometer & Gyroscope Market - Opportunity Assessment |
9.1 Grenada MEMS Accelerometer & Gyroscope Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada MEMS Accelerometer & Gyroscope Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada MEMS Accelerometer & Gyroscope Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada MEMS Accelerometer & Gyroscope Market - Competitive Landscape |
10.1 Grenada MEMS Accelerometer & Gyroscope Market Revenue Share, By Companies, 2024 |
10.2 Grenada MEMS Accelerometer & Gyroscope 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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