| Product Code: ETC7374937 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw significant imports of millimeter wave sensor modules, with top exporters being Trinidad and Tobago, USA, China, Canada, and Panama. Despite a high level of market concentration, the industry experienced a healthy compound annual growth rate of 8.57% from 2020-2024. However, there was a slight decline in growth rate from 2023-2024 at -10.38%. This data suggests a dynamic market for millimeter wave sensor modules in Grenada, with opportunities for further expansion and diversification 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 Millimeter Wave Sensors Modules Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Millimeter Wave Sensors Modules Market - Industry Life Cycle |
3.4 Grenada Millimeter Wave Sensors Modules Market - Porter's Five Forces |
3.5 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume Share, By Band, 2021 & 2031F |
3.6 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Millimeter Wave Sensors Modules Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed data transfer and communication technologies |
4.2.2 Growing adoption of millimeter wave sensors for automotive radar applications |
4.2.3 Rising investments in smart city projects and infrastructure development |
4.3 Market Restraints |
4.3.1 High initial setup costs for millimeter wave sensor modules |
4.3.2 Regulatory challenges and compliance requirements for millimeter wave technology |
4.3.3 Limited range and penetration capabilities of millimeter wave sensors |
5 Grenada Millimeter Wave Sensors Modules Market Trends |
6 Grenada Millimeter Wave Sensors Modules Market, By Types |
6.1 Grenada Millimeter Wave Sensors Modules Market, By Band |
6.1.1 Overview and Analysis |
6.1.2 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By Band, 2021- 2031F |
6.1.3 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By V-Band, 2021- 2031F |
6.1.4 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By E-Band, 2021- 2031F |
6.1.5 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Grenada Millimeter Wave Sensors Modules Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By Telecommunications, 2021- 2031F |
6.2.3 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By Military & Defense, 2021- 2031F |
6.2.4 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By Automotive & Transport, 2021- 2031F |
6.2.5 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.6 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By Electronics & Semiconductor, 2021- 2031F |
6.2.7 Grenada Millimeter Wave Sensors Modules Market Revenues & Volume, By Security, 2021- 2031F |
7 Grenada Millimeter Wave Sensors Modules Market Import-Export Trade Statistics |
7.1 Grenada Millimeter Wave Sensors Modules Market Export to Major Countries |
7.2 Grenada Millimeter Wave Sensors Modules Market Imports from Major Countries |
8 Grenada Millimeter Wave Sensors Modules Market Key Performance Indicators |
8.1 Average selling price (ASP) trend of millimeter wave sensor modules |
8.2 Number of patents filed or granted for millimeter wave sensor technology |
8.3 Adoption rate of millimeter wave sensors in key industries |
9 Grenada Millimeter Wave Sensors Modules Market - Opportunity Assessment |
9.1 Grenada Millimeter Wave Sensors Modules Market Opportunity Assessment, By Band, 2021 & 2031F |
9.2 Grenada Millimeter Wave Sensors Modules Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Millimeter Wave Sensors Modules Market - Competitive Landscape |
10.1 Grenada Millimeter Wave Sensors Modules Market Revenue Share, By Companies, 2024 |
10.2 Grenada Millimeter Wave Sensors Modules 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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