| Product Code: ETC7377281 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of parking sensors, with top exporters being Trinidad and Tobago, USA, China, Canada, and Panama. The market remained highly concentrated, indicating strong competition among suppliers. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the past four years has been a healthy 8.57%. This suggests steady demand for parking sensors in Grenada, with potential for further market expansion in the future.
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 Parking Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Parking Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Parking Sensor Market - Industry Life Cycle |
3.4 Grenada Parking Sensor Market - Porter's Five Forces |
3.5 Grenada Parking Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Parking Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Parking Sensor Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Grenada Parking Sensor Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Grenada Parking Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Parking Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Parking Sensor Market Trends |
6 Grenada Parking Sensor Market, By Types |
6.1 Grenada Parking Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Parking Sensor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Parking Sensor Market Revenues & Volume, By Reverse Parking, 2021- 2031F |
6.1.4 Grenada Parking Sensor Market Revenues & Volume, By Front Parking, 2021- 2031F |
6.1.5 Grenada Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Parking Sensor Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Parking Sensor Market Revenues & Volume, By Ultrasonic Sensors, 2021- 2031F |
6.2.3 Grenada Parking Sensor Market Revenues & Volume, By Electromagnetic Sensors, 2021- 2031F |
6.2.4 Grenada Parking Sensor Market Revenues & Volume, By Infrared Sensors, 2021- 2031F |
6.2.5 Grenada Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Parking Sensor Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Grenada Parking Sensor Market Revenues & Volume, By Displays, 2021- 2031F |
6.3.3 Grenada Parking Sensor Market Revenues & Volume, By Control Modules, 2021- 2031F |
6.3.4 Grenada Parking Sensor Market Revenues & Volume, By Sensors, 2021- 2031F |
6.3.5 Grenada Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Grenada Parking Sensor Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Parking Sensor Market Revenues & Volume, By OEM, 2021- 2031F |
6.4.3 Grenada Parking Sensor Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.5 Grenada Parking Sensor Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Grenada Parking Sensor Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.5.3 Grenada Parking Sensor Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.5.4 Grenada Parking Sensor Market Revenues & Volume, By Heavy Commercial Vehicles, 2021- 2031F |
7 Grenada Parking Sensor Market Import-Export Trade Statistics |
7.1 Grenada Parking Sensor Market Export to Major Countries |
7.2 Grenada Parking Sensor Market Imports from Major Countries |
8 Grenada Parking Sensor Market Key Performance Indicators |
9 Grenada Parking Sensor Market - Opportunity Assessment |
9.1 Grenada Parking Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Parking Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Parking Sensor Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Grenada Parking Sensor Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Grenada Parking Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Parking Sensor Market - Competitive Landscape |
10.1 Grenada Parking Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Parking Sensor 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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