| Product Code: ETC7378575 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada continues to rely on key suppliers like Trinidad and Tobago, USA, China, Canada, and Panama for its positioning systems imports in 2024. The market shows high concentration with a consistently high HHI. Despite a strong compound annual growth rate of 8.57% from 2020 to 2024, there was a slight downturn in the growth rate from 2023 to 2024 at -10.38%. Monitoring shifts in supplier patterns and market dynamics will be crucial for stakeholders in the positioning systems industry.
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 Positioning Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Positioning Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Positioning Systems Market - Industry Life Cycle |
3.4 Grenada Positioning Systems Market - Porter's Five Forces |
3.5 Grenada Positioning Systems Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.6 Grenada Positioning Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Positioning Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for accurate and real-time location tracking in various industries such as agriculture, transportation, and logistics. |
4.2.2 Technological advancements in GPS technology, leading to improved accuracy and reliability of Grenada positioning systems. |
4.2.3 Growing adoption of autonomous vehicles and drones, which rely heavily on precise positioning systems for navigation and control. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing Grenada positioning systems, limiting adoption among smaller businesses. |
4.3.2 Concerns regarding data privacy and security, especially with the increasing use of location-based services. |
4.3.3 Limited availability of skilled professionals to operate and maintain Grenada positioning systems, hindering market growth. |
5 Grenada Positioning Systems Market Trends |
6 Grenada Positioning Systems Market, By Types |
6.1 Grenada Positioning Systems Market, By Deployment |
6.1.1 Overview and Analysis |
6.1.2 Grenada Positioning Systems Market Revenues & Volume, By Deployment, 2021- 2031F |
6.1.3 Grenada Positioning Systems Market Revenues & Volume, By Standalone Trackers, 2021- 2031F |
6.1.4 Grenada Positioning Systems Market Revenues & Volume, By Portable Navigation Devices, 2021- 2031F |
6.1.5 Grenada Positioning Systems Market Revenues & Volume, By Automotive Telematics Systems, 2021- 2031F |
6.1.6 Grenada Positioning Systems Market Revenues & Volume, By Consumer Devices, 2021- 2031F |
6.1.7 Grenada Positioning Systems Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Positioning Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Positioning Systems Market Revenues & Volume, By Road, 2021- 2031F |
6.2.3 Grenada Positioning Systems Market Revenues & Volume, By Aviation, 2021- 2031F |
6.2.4 Grenada Positioning Systems Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.5 Grenada Positioning Systems Market Revenues & Volume, By Location-Based Services, 2021- 2031F |
6.2.6 Grenada Positioning Systems Market Revenues & Volume, By Surveying and Mapping, 2021- 2031F |
6.2.7 Grenada Positioning Systems Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Positioning Systems Market Import-Export Trade Statistics |
7.1 Grenada Positioning Systems Market Export to Major Countries |
7.2 Grenada Positioning Systems Market Imports from Major Countries |
8 Grenada Positioning Systems Market Key Performance Indicators |
8.1 Average accuracy rate of Grenada positioning systems. |
8.2 Rate of adoption of Grenada positioning systems across key industries. |
8.3 Number of patents filed for new technologies or applications related to Grenada positioning systems. |
8.4 Frequency of software updates and improvements to enhance the performance of Grenada positioning systems. |
8.5 Customer satisfaction levels with the usability and reliability of Grenada positioning systems. |
9 Grenada Positioning Systems Market - Opportunity Assessment |
9.1 Grenada Positioning Systems Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.2 Grenada Positioning Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Positioning Systems Market - Competitive Landscape |
10.1 Grenada Positioning Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Positioning Systems 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