| Product Code: ETC7375492 | 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 |
Grenada`s nano GPS import market in 2024 saw significant contributions from top exporters such as the USA, UK, Sint Maarten, Trinidad and Tobago, and Spain. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a sharp decline with a negative Compound Annual Growth Rate of -21.54% from 2020 to 2024. Moreover, the growth rate plummeted by -61.63% from 2023 to 2024, reflecting challenges faced by the market. This data suggests a challenging landscape for nano GPS imports in Grenada, highlighting the need for strategic adjustments in the industry.
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 Nano GPS Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Nano GPS Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Nano GPS Market - Industry Life Cycle |
3.4 Grenada Nano GPS Market - Porter's Five Forces |
3.5 Grenada Nano GPS Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Nano GPS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Nano GPS Market Trends |
6 Grenada Nano GPS Market, By Types |
6.1 Grenada Nano GPS Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Nano GPS Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Nano GPS Market Revenues & Volume, By Smartphones, 2021- 2031F |
6.1.4 Grenada Nano GPS Market Revenues & Volume, By Wearables, 2021- 2031F |
6.1.5 Grenada Nano GPS Market Revenues & Volume, By UAVs, 2021- 2031F |
6.1.6 Grenada Nano GPS Market Revenues & Volume, By Asset Tracking, 2021- 2031F |
6.1.7 Grenada Nano GPS Market Revenues & Volume, By Personal Digital Assistants, 2021- 2031F |
6.1.8 Grenada Nano GPS Market Revenues & Volume, By Automotive, 2021- 2031F |
7 Grenada Nano GPS Market Import-Export Trade Statistics |
7.1 Grenada Nano GPS Market Export to Major Countries |
7.2 Grenada Nano GPS Market Imports from Major Countries |
8 Grenada Nano GPS Market Key Performance Indicators |
9 Grenada Nano GPS Market - Opportunity Assessment |
9.1 Grenada Nano GPS Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Nano GPS Market - Competitive Landscape |
10.1 Grenada Nano GPS Market Revenue Share, By Companies, 2024 |
10.2 Grenada Nano GPS 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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