| Product Code: ETC5131711 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see a significant influx of photosensitive semiconductor devices from top exporting countries like China, USA, UK, Spain, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for these imports. Despite a remarkable 35.77% compound annual growth rate (CAGR) from 2020 to 2024, there was a sharp decline in the growth rate from 2023 to 2024 at -60.32%. This data suggests a dynamic and evolving market landscape for photosensitive semiconductor devices in Grenada, influenced by global economic trends and trade 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 Photosensitive Semiconductor Device Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Photosensitive Semiconductor Device Market - Industry Life Cycle |
3.4 Grenada Photosensitive Semiconductor Device Market - Porter's Five Forces |
3.5 Grenada Photosensitive Semiconductor Device Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.6 Grenada Photosensitive Semiconductor Device Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Photosensitive Semiconductor Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Photosensitive Semiconductor Device Market Trends |
6 Grenada Photosensitive Semiconductor Device Market Segmentations |
6.1 Grenada Photosensitive Semiconductor Device Market, By Device |
6.1.1 Overview and Analysis |
6.1.2 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Photocell, 2021-2031F |
6.1.3 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Photodiode, 2021-2031F |
6.1.4 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Phototransistor, 2021-2031F |
6.1.5 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Photoresistor, 2021-2031F |
6.1.6 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Photo IC, 2021-2031F |
6.2 Grenada Photosensitive Semiconductor Device Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.2.3 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.4 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Aerospace and Defence, 2021-2031F |
6.2.5 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.6 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.7 Grenada Photosensitive Semiconductor Device Market Revenues & Volume, By Security and Survelliance, 2021-2031F |
7 Grenada Photosensitive Semiconductor Device Market Import-Export Trade Statistics |
7.1 Grenada Photosensitive Semiconductor Device Market Export to Major Countries |
7.2 Grenada Photosensitive Semiconductor Device Market Imports from Major Countries |
8 Grenada Photosensitive Semiconductor Device Market Key Performance Indicators |
9 Grenada Photosensitive Semiconductor Device Market - Opportunity Assessment |
9.1 Grenada Photosensitive Semiconductor Device Market Opportunity Assessment, By Device, 2021 & 2031F |
9.2 Grenada Photosensitive Semiconductor Device Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Photosensitive Semiconductor Device Market - Competitive Landscape |
10.1 Grenada Photosensitive Semiconductor Device Market Revenue Share, By Companies, 2024 |
10.2 Grenada Photosensitive Semiconductor Device 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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