| Product Code: ETC10669030 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Despite a decline in CAGR and a significant drop in growth rate from 2023 to 2024, Grenada continues to import mid and high-level precision GPS receivers primarily from the USA, UK, Sint Maarten, Trinidad and Tobago, and Spain. The high Herfindahl-Hirschman Index (HHI) concentration suggests a limited number of major players dominating the market. Understanding the market dynamics and identifying potential growth opportunities will be crucial for businesses looking to navigate the challenging landscape and make informed decisions in the coming years.
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 Mid & High-Level Precision GPS Receiver Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mid & High-Level Precision GPS Receiver Market - Industry Life Cycle |
3.4 Grenada Mid & High-Level Precision GPS Receiver Market - Porter's Five Forces |
3.5 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume Share, By Accuracy Level, 2021 & 2031F |
3.6 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume Share, By Frequency, 2021 & 2031F |
3.7 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
4 Grenada Mid & High-Level Precision GPS Receiver Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precise location data in various industries such as agriculture, construction, and surveying |
4.2.3 Growing adoption of GPS technology in autonomous vehicles and drones |
4.3 Market Restraints |
4.3.2 Limited availability of skilled professionals to operate and maintain these advanced GPS systems |
4.3.3 Concerns regarding data privacy and cybersecurity risks associated with GPS technology |
5 Grenada Mid & High-Level Precision GPS Receiver Market Trends |
6 Grenada Mid & High-Level Precision GPS Receiver Market, By Types |
6.1 Grenada Mid & High-Level Precision GPS Receiver Market, By Accuracy Level |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Accuracy Level, 2021 - 2031F |
6.1.3 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Centimeter, 2021 - 2031F |
6.1.4 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Millimeter, 2021 - 2031F |
6.1.5 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Sub-Meter, 2021 - 2031F |
6.1.6 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Decimeter, 2021 - 2031F |
6.2 Grenada Mid & High-Level Precision GPS Receiver Market, By Frequency |
6.2.1 Overview and Analysis |
6.2.2 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Single-Frequency, 2021 - 2031F |
6.2.3 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Dual-Frequency, 2021 - 2031F |
6.2.4 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Multi-Frequency, 2021 - 2031F |
6.2.5 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By RTK, 2021 - 2031F |
6.3 Grenada Mid & High-Level Precision GPS Receiver Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Surveying, 2021 - 2031F |
6.3.3 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.3.4 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Defense, 2021 - 2031F |
6.3.5 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Aviation, 2021 - 2031F |
6.4 Grenada Mid & High-Level Precision GPS Receiver Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.4.3 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.4 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Construction, 2021 - 2031F |
6.4.5 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Government, 2021 - 2031F |
6.5 Grenada Mid & High-Level Precision GPS Receiver Market, By Connectivity |
6.5.1 Overview and Analysis |
6.5.2 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Bluetooth, 2021 - 2031F |
6.5.3 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By Wi-Fi, 2021 - 2031F |
6.5.4 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By 4G/5G, 2021 - 2031F |
6.5.5 Grenada Mid & High-Level Precision GPS Receiver Market Revenues & Volume, By IoT-Enabled, 2021 - 2031F |
7 Grenada Mid & High-Level Precision GPS Receiver Market Import-Export Trade Statistics |
7.1 Grenada Mid & High-Level Precision GPS Receiver Market Export to Major Countries |
7.2 Grenada Mid & High-Level Precision GPS Receiver Market Imports from Major Countries |
8 Grenada Mid & High-Level Precision GPS Receiver Market Key Performance Indicators |
8.1 Average time to fix for GPS signal acquisition |
8.2 Accuracy level of location data provided by GPS receivers |
9 Grenada Mid & High-Level Precision GPS Receiver Market - Opportunity Assessment |
9.1 Grenada Mid & High-Level Precision GPS Receiver Market Opportunity Assessment, By Accuracy Level, 2021 & 2031F |
9.2 Grenada Mid & High-Level Precision GPS Receiver Market Opportunity Assessment, By Frequency, 2021 & 2031F |
9.3 Grenada Mid & High-Level Precision GPS Receiver Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Mid & High-Level Precision GPS Receiver Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Mid & High-Level Precision GPS Receiver Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
10 Grenada Mid & High-Level Precision GPS Receiver Market - Competitive Landscape |
10.1 Grenada Mid & High-Level Precision GPS Receiver Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mid & High-Level Precision GPS Receiver 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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