| Product Code: ETC13072486 | 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 |
Grenada`s import shipments of parking sensors in 2024 were primarily sourced from Trinidad and Tobago, USA, China, Canada, and Panama. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained very high in 2024, reflecting a competitive landscape dominated by a few key exporters. Despite a strong compound annual growth rate (CAGR) of 8.57% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -10.38%, signaling a potential shift in market dynamics.
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 Sensors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Parking Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Parking Sensors Market - Industry Life Cycle |
3.4 Grenada Parking Sensors Market - Porter's Five Forces |
3.5 Grenada Parking Sensors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Parking Sensors Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Parking Sensors Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Parking Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Parking Sensors Market Trends |
6 Grenada Parking Sensors Market, By Types |
6.1 Grenada Parking Sensors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Parking Sensors Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Parking Sensors Market Revenues & Volume, By Ultrasonic Parking Sensors, 2021 - 2031F |
6.1.4 Grenada Parking Sensors Market Revenues & Volume, By Electromagnetic Parking Sensors, 2021 - 2031F |
6.1.5 Grenada Parking Sensors Market Revenues & Volume, By Camera-Based Parking Sensors, 2021 - 2031F |
6.1.6 Grenada Parking Sensors Market Revenues & Volume, By Infrared Parking Sensors, 2021 - 2031F |
6.2 Grenada Parking Sensors Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Parking Sensors Market Revenues & Volume, By Sound Wave Technology, 2021 - 2031F |
6.2.3 Grenada Parking Sensors Market Revenues & Volume, By Proximity Sensors, 2021 - 2031F |
6.2.4 Grenada Parking Sensors Market Revenues & Volume, By AI & Computer Vision, 2021 - 2031F |
6.2.5 Grenada Parking Sensors Market Revenues & Volume, By Heat Detection, 2021 - 2031F |
6.3 Grenada Parking Sensors Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Parking Sensors Market Revenues & Volume, By Automotive Industry, 2021 - 2031F |
6.3.3 Grenada Parking Sensors Market Revenues & Volume, By Smart Parking Systems, 2021 - 2031F |
6.3.4 Grenada Parking Sensors Market Revenues & Volume, By Transportation & Logistics, 2021 - 2031F |
6.3.5 Grenada Parking Sensors Market Revenues & Volume, By Public & Private Parking Facilities, 2021 - 2031F |
7 Grenada Parking Sensors Market Import-Export Trade Statistics |
7.1 Grenada Parking Sensors Market Export to Major Countries |
7.2 Grenada Parking Sensors Market Imports from Major Countries |
8 Grenada Parking Sensors Market Key Performance Indicators |
9 Grenada Parking Sensors Market - Opportunity Assessment |
9.1 Grenada Parking Sensors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Parking Sensors Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Parking Sensors Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Parking Sensors Market - Competitive Landscape |
10.1 Grenada Parking Sensors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Parking Sensors 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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