| Product Code: ETC5348767 | 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`s mounted bearing import shipments in 2024 continued to be dominated by suppliers from Trinidad and Tobago, USA, China, Jamaica, and India. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a limited number of major exporters. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024, the sector saw a significant growth spurt in 2024 with a growth rate of 20.96% from the previous year. This suggests potential opportunities and changing dynamics in the mounted bearing import market in Grenada.
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 Mounted Bearing Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mounted Bearing Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mounted Bearing Market - Industry Life Cycle |
3.4 Grenada Mounted Bearing Market - Porter's Five Forces |
3.5 Grenada Mounted Bearing Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Mounted Bearing Market Revenues & Volume Share, By Housing Block Type, 2021 & 2031F |
3.7 Grenada Mounted Bearing Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Grenada Mounted Bearing Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
4 Grenada Mounted Bearing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial automation leading to higher demand for grenada mounted bearings |
4.2.2 Growing adoption of renewable energy sources driving the need for grenada mounted bearings in wind turbines and solar panels |
4.2.3 Technological advancements in manufacturing processes improving the performance and efficiency of grenada mounted bearings |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of grenada mounted bearings |
4.3.2 Intense competition from substitute products like roller bearings and ball bearings |
4.3.3 Economic downturns affecting the overall demand for industrial machinery and equipment, thereby impacting the grenada mounted bearing market |
5 Grenada Mounted Bearing Market Trends |
6 Grenada Mounted Bearing Market Segmentations |
6.1 Grenada Mounted Bearing Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mounted Bearing Market Revenues & Volume, By Ball Bearing, 2021-2031F |
6.1.3 Grenada Mounted Bearing Market Revenues & Volume, By Roller Bearing, 2021-2031F |
6.1.4 Grenada Mounted Bearing Market Revenues & Volume, By Spherical, 2021-2031F |
6.1.5 Grenada Mounted Bearing Market Revenues & Volume, By Cylindrical, 2021-2031F |
6.1.6 Grenada Mounted Bearing Market Revenues & Volume, By Tapered, 2021-2031F |
6.1.7 Grenada Mounted Bearing Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Mounted Bearing Market, By Housing Block Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Mounted Bearing Market Revenues & Volume, By Plummer Block, 2021-2031F |
6.2.3 Grenada Mounted Bearing Market Revenues & Volume, By Flanged Block, 2021-2031F |
6.2.4 Grenada Mounted Bearing Market Revenues & Volume, By Take-up Block, 2021-2031F |
6.2.5 Grenada Mounted Bearing Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Mounted Bearing Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Mounted Bearing Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Grenada Mounted Bearing Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.4 Grenada Mounted Bearing Market Revenues & Volume, By Farm & Fish, 2021-2031F |
6.3.5 Grenada Mounted Bearing Market Revenues & Volume, By Construction & Mining, 2021-2031F |
6.3.6 Grenada Mounted Bearing Market Revenues & Volume, By Cement & Aggregate, 2021-2031F |
6.3.7 Grenada Mounted Bearing Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.8 Grenada Mounted Bearing Market Revenues & Volume, By Energy, 2021-2031F |
6.3.9 Grenada Mounted Bearing Market Revenues & Volume, By Energy, 2021-2031F |
6.4 Grenada Mounted Bearing Market, By Equipment Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Mounted Bearing Market Revenues & Volume, By Ball Mill Drives, 2021-2031F |
6.4.3 Grenada Mounted Bearing Market Revenues & Volume, By Fans & Blowers, 2021-2031F |
6.4.4 Grenada Mounted Bearing Market Revenues & Volume, By Gearbox & Transmission, 2021-2031F |
6.4.5 Grenada Mounted Bearing Market Revenues & Volume, By Conveyors, 2021-2031F |
6.4.6 Grenada Mounted Bearing Market Revenues & Volume, By Crushers, 2021-2031F |
6.4.7 Grenada Mounted Bearing Market Revenues & Volume, By Mixer Drives, 2021-2031F |
7 Grenada Mounted Bearing Market Import-Export Trade Statistics |
7.1 Grenada Mounted Bearing Market Export to Major Countries |
7.2 Grenada Mounted Bearing Market Imports from Major Countries |
8 Grenada Mounted Bearing Market Key Performance Indicators |
8.1 Percentage of revenue from new product innovations in the grenada mounted bearing market |
8.2 Rate of adoption of grenada mounted bearings in emerging industries such as electric vehicles and robotics |
8.3 Number of patents filed for technologies related to grenada mounted bearings |
8.4 Percentage increase in average lifespan of grenada mounted bearings due to improved materials and design |
8.5 Customer satisfaction scores for grenada mounted bearing manufacturers |
9 Grenada Mounted Bearing Market - Opportunity Assessment |
9.1 Grenada Mounted Bearing Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Mounted Bearing Market Opportunity Assessment, By Housing Block Type, 2021 & 2031F |
9.3 Grenada Mounted Bearing Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Grenada Mounted Bearing Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
10 Grenada Mounted Bearing Market - Competitive Landscape |
10.1 Grenada Mounted Bearing Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mounted Bearing 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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