| Product Code: ETC12991462 | 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 | |
In 2024, Grenada saw significant import shipments of NDT equipment, with top exporters being the USA, Trinidad and Tobago, Canada, China, and Panama. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 9.25%. This suggests a steady demand for NDT equipment in Grenada, with key suppliers continuing to play a crucial role in meeting the country`s needs.
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 NDT Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada NDT Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada NDT Equipment Market - Industry Life Cycle |
3.4 Grenada NDT Equipment Market - Porter's Five Forces |
3.5 Grenada NDT Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Grenada NDT Equipment Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada NDT Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada NDT Equipment Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.9 Grenada NDT Equipment Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Grenada NDT Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada NDT Equipment Market Trends |
6 Grenada NDT Equipment Market, By Types |
6.1 Grenada NDT Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada NDT Equipment Market Revenues & Volume, By Equipment Type, 2021 - 2031F |
6.1.3 Grenada NDT Equipment Market Revenues & Volume, By Ultrasonic Testing Equipment, 2021 - 2031F |
6.1.4 Grenada NDT Equipment Market Revenues & Volume, By Radiographic Testing Equipment, 2021 - 2031F |
6.1.5 Grenada NDT Equipment Market Revenues & Volume, By Magnetic Particle Testing Equipment, 2021 - 2031F |
6.1.6 Grenada NDT Equipment Market Revenues & Volume, By Eddy Current Testing Equipment, 2021 - 2031F |
6.1.7 Grenada NDT Equipment Market Revenues & Volume, By Liquid Penetrant Testing Equipment, 2021 - 2031F |
6.2 Grenada NDT Equipment Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada NDT Equipment Market Revenues & Volume, By Ultrasonic Waves, 2021 - 2031F |
6.2.3 Grenada NDT Equipment Market Revenues & Volume, By X-Rays, 2021 - 2031F |
6.2.4 Grenada NDT Equipment Market Revenues & Volume, By Magnetic Fields, 2021 - 2031F |
6.2.5 Grenada NDT Equipment Market Revenues & Volume, By Electromagnetic Fields, 2021 - 2031F |
6.2.6 Grenada NDT Equipment Market Revenues & Volume, By Dye Penetrants, 2021 - 2031F |
6.3 Grenada NDT Equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada NDT Equipment Market Revenues & Volume, By Flaw Detection, 2021 - 2031F |
6.3.3 Grenada NDT Equipment Market Revenues & Volume, By Weld Inspection, 2021 - 2031F |
6.3.4 Grenada NDT Equipment Market Revenues & Volume, By Surface Cracks, 2021 - 2031F |
6.3.5 Grenada NDT Equipment Market Revenues & Volume, By Conductivity Testing, 2021 - 2031F |
6.3.6 Grenada NDT Equipment Market Revenues & Volume, By Leak Detection, 2021 - 2031F |
6.4 Grenada NDT Equipment Market, By Material Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada NDT Equipment Market Revenues & Volume, By Metals, 2021 - 2031F |
6.4.3 Grenada NDT Equipment Market Revenues & Volume, By Plastics, 2021 - 2031F |
6.4.4 Grenada NDT Equipment Market Revenues & Volume, By Composites, 2021 - 2031F |
6.4.5 Grenada NDT Equipment Market Revenues & Volume, By Ceramics, 2021 - 2031F |
6.4.6 Grenada NDT Equipment Market Revenues & Volume, By Glass, 2021 - 2031F |
6.5 Grenada NDT Equipment Market, By Industry |
6.5.1 Overview and Analysis |
6.5.2 Grenada NDT Equipment Market Revenues & Volume, By Construction, 2021 - 2031F |
6.5.3 Grenada NDT Equipment Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.5.4 Grenada NDT Equipment Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.5.5 Grenada NDT Equipment Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.5.6 Grenada NDT Equipment Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
7 Grenada NDT Equipment Market Import-Export Trade Statistics |
7.1 Grenada NDT Equipment Market Export to Major Countries |
7.2 Grenada NDT Equipment Market Imports from Major Countries |
8 Grenada NDT Equipment Market Key Performance Indicators |
9 Grenada NDT Equipment Market - Opportunity Assessment |
9.1 Grenada NDT Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Grenada NDT Equipment Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada NDT Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada NDT Equipment Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.5 Grenada NDT Equipment Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Grenada NDT Equipment Market - Competitive Landscape |
10.1 Grenada NDT Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada NDT Equipment 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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