Grenada Permanent Magnets Market (2025-2031) | Value, Outlook, Analysis, Size, Revenue, Trends, Share, Industry, Segmentation, Growth, Forecast & Companies
Market Forecast By Material (Ferrite, Neodymium Iron Boron (NdFeB), Aluminum Nickel Cobalt (Alnico), Samarium Cobalt (SmCo)), By Applications (Automotive, Consumer Goods & Electronics, Industrial, Aerospace & Defense, Energy, Medical, Others) And Competitive Landscape
| Product Code: ETC5828479 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada Permanent Magnets Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Grenada`s import of permanent magnets in 2024 continued to be dominated by top exporters including the USA, Lebanon, Saint Lucia, China, and Barbados. The High Herfindahl-Hirschman Index (HHI) suggests a concentrated market. Despite a notable Compound Annual Growth Rate (CAGR) of 11.2% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -16.19%. These statistics indicate a stable market with key players maintaining their presence in Grenada`s permanent magnets import sector.
Key Highlights of the Report:
- Grenada Permanent Magnets Market Outlook
- Market Size of Grenada Permanent Magnets Market, 2024
- Forecast of Grenada Permanent Magnets Market, 2031
- Historical Data and Forecast of Grenada Permanent Magnets Revenues & Volume for the Period 2021-2031
- Grenada Permanent Magnets Market Trend Evolution
- Grenada Permanent Magnets Market Drivers and Challenges
- Grenada Permanent Magnets Price Trends
- Grenada Permanent Magnets Porter`s Five Forces
- Grenada Permanent Magnets Industry Life Cycle
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Material for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Ferrite for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Neodymium Iron Boron (NdFeB) for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Aluminum Nickel Cobalt (Alnico) for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Samarium Cobalt (SmCo) for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Automotive for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Consumer Goods & Electronics for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Industrial for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Aerospace & Defense for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Energy for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Medical for the Period 2021-2031
- Historical Data and Forecast of Grenada Permanent Magnets Market Revenues & Volume By Others for the Period 2021-2031
- Grenada Permanent Magnets Import Export Trade Statistics
- Market Opportunity Assessment By Material
- Market Opportunity Assessment By Applications
- Grenada Permanent Magnets Top Companies Market Share
- Grenada Permanent Magnets Competitive Benchmarking By Technical and Operational Parameters
- Grenada Permanent Magnets Company Profiles
- Grenada Permanent Magnets Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Grenada Permanent Magnets Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Permanent Magnets Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 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 Permanent Magnets Market Overview |
| 3.1 Grenada Country Macro Economic Indicators |
| 3.2 Grenada Permanent Magnets Market Revenues & Volume, 2021 & 2031F |
| 3.3 Grenada Permanent Magnets Market - Industry Life Cycle |
| 3.4 Grenada Permanent Magnets Market - Porter's Five Forces |
| 3.5 Grenada Permanent Magnets Market Revenues & Volume Share, By Material, 2021 & 2031F |
| 3.6 Grenada Permanent Magnets Market Revenues & Volume Share, By Applications, 2021 & 2031F |
| 4 Grenada Permanent Magnets Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing demand for permanent magnets in automotive applications |
| 4.2.2 Growing adoption of renewable energy sources driving the demand for permanent magnets in wind turbines |
| 4.2.3 Technological advancements leading to the development of high-performance permanent magnets |
| 4.2.1 Automotive production volume |
| 4.2.2 Wind turbine installation capacity MW |
| 4.2.3 Consumer electronics production index |
| 4.2.4 EV battery pack output volume |
| 4.2.5 Industrial motor demand growth rate percent |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating prices of raw materials used in permanent magnet production |
| 4.3.2 Intense competition from substitutes like electromagnets |
| 4.3.3 Environmental concerns related to the mining and extraction of materials used in permanent magnets |
| 4.3.1 Rare earth metal price index |
| 4.3.2 Import dependency ratio percent |
| 4.3.3 Regulatory compliance cost USD per unit |
| 4.3.4 Substitution rate by non rare earth magnets percent |
| 4.3.5 Recycling efficiency rate percent |
| 4.4 Market KPI |
| 4.4.1 Magnet output volume tons |
| 4.4.2 Export share of total production percent |
| 4.4.3 Magnet cost per kg USD |
| 4.4.4 Supply demand gap percent |
| 4.4.5 Average lifecycle of industrial magnets years |
| 5 Grenada Permanent Magnets Market Trends |
| 6 Grenada Permanent Magnets Market Segmentations |
| 6.1 Grenada Permanent Magnets Market By Material |
| 6.1.1 Overview and Analysis |
| 6.1.2 Grenada Permanent Magnets Market Revenues & Volume By Ferrite 2021 2031F |
| 6.1.3 Grenada Permanent Magnets Market Revenues & Volume By Neodymium Iron Boron NdFeB 2021 2031F |
| 6.1.4 Grenada Permanent Magnets Market Revenues & Volume By Aluminum Nickel Cobalt Alnico 2021 2031F |
| 6.1.5 Grenada Permanent Magnets Market Revenues & Volume By Samarium Cobalt SmCo 2021 2031F |
| 6.2 Grenada Permanent Magnets Market By Applications |
| 6.2.1 Overview and Analysis |
| 6.2.2 Grenada Permanent Magnets Market Revenues & Volume By Automotive 2021 2031F |
| 6.2.3 Grenada Permanent Magnets Market Revenues & Volume By Consumer Goods & Electronics 2021 2031F |
| 6.2.4 Grenada Permanent Magnets Market Revenues & Volume By Industrial 2021 2031F |
| 6.2.5 Grenada Permanent Magnets Market Revenues & Volume By Aerospace & Defense 2021 2031F |
| 6.2.6 Grenada Permanent Magnets Market Revenues & Volume By Energy 2021 2031F |
| 6.2.7 Grenada Permanent Magnets Market Revenues & Volume By Medical 2021 2031F |
| 7 Grenada Permanent Magnets Market Import Export Trade Statistics |
| 7.1 Grenada Permanent Magnets Market Export to Major Countries |
| 7.2 Grenada Permanent Magnets Market Imports from Major Countries |
| 8 Grenada Permanent Magnets Market Key Performance Indicators |
| 8.1 Percentage increase in demand from automotive sector |
| 8.2 Adoption rate of permanent magnets in wind energy projects |
| 8.3 Research and development expenditure on enhancing permanent magnet performance |
| 9 Grenada Permanent Magnets Market Opportunity Assessment |
| 9.1 Grenada Permanent Magnets Market Opportunity Assessment By Material 2021 & 2031F |
| 9.2 Grenada Permanent Magnets Market Opportunity Assessment By Applications 2021 & 2031F |
| 10 Grenada Permanent Magnets Market Competitive Landscape |
| 10.1 Grenada Permanent Magnets Market Revenue Share By Companies 2024 |
| 10.2 Grenada Permanent Magnets Market Competitive Benchmarking By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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