| Product Code: ETC7377320 | 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 saw a significant increase in passive infrared motion sensor imports, with top exporting countries being the USA, Dem. People`s Rep. of Korea, Germany, Italy, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 3.55%, while the growth rate spiked to an impressive 71.25% from 2023 to 2024. This data suggests a strong demand for motion sensors in Grenada and a dynamic market landscape with potential opportunities for further growth.
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 Passive Infrared Motion Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Passive Infrared Motion Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Passive Infrared Motion Sensor Market - Industry Life Cycle |
3.4 Grenada Passive Infrared Motion Sensor Market - Porter's Five Forces |
3.5 Grenada Passive Infrared Motion Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Passive Infrared Motion Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Passive Infrared Motion Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Passive Infrared Motion Sensor Market Trends |
6 Grenada Passive Infrared Motion Sensor Market, By Types |
6.1 Grenada Passive Infrared Motion Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Passive Infrared Motion Sensor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Passive Infrared Motion Sensor Market Revenues & Volume, By Single Beam Type, 2021- 2031F |
6.1.4 Grenada Passive Infrared Motion Sensor Market Revenues & Volume, By Multi-Beam Type, 2021- 2031F |
6.2 Grenada Passive Infrared Motion Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Passive Infrared Motion Sensor Market Revenues & Volume, By Security Application, 2021- 2031F |
6.2.3 Grenada Passive Infrared Motion Sensor Market Revenues & Volume, By Commercial Application, 2021- 2031F |
6.2.4 Grenada Passive Infrared Motion Sensor Market Revenues & Volume, By Smart Home Application, 2021- 2031F |
6.2.5 Grenada Passive Infrared Motion Sensor Market Revenues & Volume, By Military and Defense Application, 2021- 2031F |
7 Grenada Passive Infrared Motion Sensor Market Import-Export Trade Statistics |
7.1 Grenada Passive Infrared Motion Sensor Market Export to Major Countries |
7.2 Grenada Passive Infrared Motion Sensor Market Imports from Major Countries |
8 Grenada Passive Infrared Motion Sensor Market Key Performance Indicators |
9 Grenada Passive Infrared Motion Sensor Market - Opportunity Assessment |
9.1 Grenada Passive Infrared Motion Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Passive Infrared Motion Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Passive Infrared Motion Sensor Market - Competitive Landscape |
10.1 Grenada Passive Infrared Motion Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Passive Infrared Motion 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.
To discover high-growth global markets and optimize your business strategy:
Click Here