| Product Code: ETC13056742 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to see a high concentration of import shipments for smart locks, with top exporting countries being the USA, China, Hong Kong, Trinidad and Tobago, and Panama. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 7.88%. This indicates a steady demand for smart locks in Grenada, with key players maintaining a dominant presence in the market.
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 Padlock Smart Lock Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Padlock Smart Lock Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Padlock Smart Lock Market - Industry Life Cycle |
3.4 Grenada Padlock Smart Lock Market - Porter's Five Forces |
3.5 Grenada Padlock Smart Lock Market Revenues & Volume Share, By ype, 2021 & 2031F |
3.6 Grenada Padlock Smart Lock Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Grenada Padlock Smart Lock Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.8 Grenada Padlock Smart Lock Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Padlock Smart Lock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Padlock Smart Lock Market Trends |
6 Grenada Padlock Smart Lock Market, By Types |
6.1 Grenada Padlock Smart Lock Market, By ype |
6.1.1 Overview and Analysis |
6.1.2 Grenada Padlock Smart Lock Market Revenues & Volume, By ype, 2021 - 2031F |
6.1.3 Grenada Padlock Smart Lock Market Revenues & Volume, By Keypad Smart Lock, 2021 - 2031F |
6.1.4 Grenada Padlock Smart Lock Market Revenues & Volume, By Biometric Smart Lock, 2021 - 2031F |
6.1.5 Grenada Padlock Smart Lock Market Revenues & Volume, By RFID Smart Lock, 2021 - 2031F |
6.1.6 Grenada Padlock Smart Lock Market Revenues & Volume, By Hybrid Smart Lock, 2021 - 2031F |
6.2 Grenada Padlock Smart Lock Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Padlock Smart Lock Market Revenues & Volume, By Bluetooth, 2021 - 2031F |
6.2.3 Grenada Padlock Smart Lock Market Revenues & Volume, By Wi-Fi, 2021 - 2031F |
6.2.4 Grenada Padlock Smart Lock Market Revenues & Volume, By NFC, 2021 - 2031F |
6.2.5 Grenada Padlock Smart Lock Market Revenues & Volume, By Z-Wave, 2021 - 2031F |
6.3 Grenada Padlock Smart Lock Market, By Power Source |
6.3.1 Overview and Analysis |
6.3.2 Grenada Padlock Smart Lock Market Revenues & Volume, By Battery, 2021 - 2031F |
6.3.3 Grenada Padlock Smart Lock Market Revenues & Volume, By Wired, 2021 - 2031F |
6.3.4 Grenada Padlock Smart Lock Market Revenues & Volume, By Solar, 2021 - 2031F |
6.3.5 Grenada Padlock Smart Lock Market Revenues & Volume, By Battery, 2021 - 2031F |
6.4 Grenada Padlock Smart Lock Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Padlock Smart Lock Market Revenues & Volume, By Residential, 2021 - 2031F |
6.4.3 Grenada Padlock Smart Lock Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Grenada Padlock Smart Lock Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.5 Grenada Padlock Smart Lock Market Revenues & Volume, By Government, 2021 - 2031F |
7 Grenada Padlock Smart Lock Market Import-Export Trade Statistics |
7.1 Grenada Padlock Smart Lock Market Export to Major Countries |
7.2 Grenada Padlock Smart Lock Market Imports from Major Countries |
8 Grenada Padlock Smart Lock Market Key Performance Indicators |
9 Grenada Padlock Smart Lock Market - Opportunity Assessment |
9.1 Grenada Padlock Smart Lock Market Opportunity Assessment, By ype, 2021 & 2031F |
9.2 Grenada Padlock Smart Lock Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Grenada Padlock Smart Lock Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.4 Grenada Padlock Smart Lock Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Padlock Smart Lock Market - Competitive Landscape |
10.1 Grenada Padlock Smart Lock Market Revenue Share, By Companies, 2024 |
10.2 Grenada Padlock Smart Lock 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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