Grenada Permanent Magnets Market (2025-2031) | Value, Outlook, Analysis, Size, Revenue, Trends, Share, Industry, Segmentation, Growth, Forecast & Companies

Name: Grenada Permanent Magnets Market (2025-2031) | Trends & Analysis
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Permanent Magnets Market, Grenada Permanent Magnets Market, Grenada Permanent Magnets Market Revenues, Grenada Permanent Magnets Market Share, Grenada Permanent Magnets Market Size, Grenada Permanent Magnets Market Outlook, Grenada Permanent Magnets Market Report, Grenada Permanent Magnets Market Competition, Grenada Permanent Magnets Market Overview, Grenada Permanent Magnets Market Trends, Grenada Permanent Magnets Market Forecast

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

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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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Export potential assessment - trade Analytics for 2030

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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