| Product Code: ETC10157350 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s power drill import market saw significant growth in 2024, with top exporting countries being the USA, Trinidad and Tobago, Germany, Italy, and the UK. The market continued to exhibit high concentration, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 12.66%, with a notable growth rate of 22.95% from 2023 to 2024. This data suggests a strong demand for power drills in Grenada and highlights the importance of these key exporting countries in meeting that demand.
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 Power Drills Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Power Drills Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Power Drills Market - Industry Life Cycle |
3.4 Grenada Power Drills Market - Porter's Five Forces |
3.5 Grenada Power Drills Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Power Drills Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.7 Grenada Power Drills Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Power Drills Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Power Drills Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for DIY projects and home renovations in Grenada |
4.2.2 Growing construction industry in Grenada |
4.2.3 Technological advancements leading to more efficient and powerful power drills |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing power drills |
4.3.2 Limited availability of skilled labor for using power drills effectively |
4.3.3 Impact of economic fluctuations on consumer spending in Grenada |
5 Grenada Power Drills Market Trends |
6 Grenada Power Drills Market, By Types |
6.1 Grenada Power Drills Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Power Drills Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Power Drills Market Revenues & Volume, By Corded, 2021 - 2031F |
6.1.4 Grenada Power Drills Market Revenues & Volume, By Cordless, 2021 - 2031F |
6.1.5 Grenada Power Drills Market Revenues & Volume, By Hammer Drill, 2021 - 2031F |
6.1.6 Grenada Power Drills Market Revenues & Volume, By Impact Drill, 2021 - 2031F |
6.2 Grenada Power Drills Market, By Power Source |
6.2.1 Overview and Analysis |
6.2.2 Grenada Power Drills Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2.3 Grenada Power Drills Market Revenues & Volume, By Battery, 2021 - 2031F |
6.2.4 Grenada Power Drills Market Revenues & Volume, By Pneumatic, 2021 - 2031F |
6.2.5 Grenada Power Drills Market Revenues & Volume, By Hydraulic, 2021 - 2031F |
6.3 Grenada Power Drills Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Power Drills Market Revenues & Volume, By Woodworking, 2021 - 2031F |
6.3.3 Grenada Power Drills Market Revenues & Volume, By Metalworking, 2021 - 2031F |
6.3.4 Grenada Power Drills Market Revenues & Volume, By Concrete Drilling, 2021 - 2031F |
6.3.5 Grenada Power Drills Market Revenues & Volume, By DIY, 2021 - 2031F |
6.4 Grenada Power Drills Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Power Drills Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.3 Grenada Power Drills Market Revenues & Volume, By Construction, 2021 - 2031F |
6.4.4 Grenada Power Drills Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.5 Grenada Power Drills Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
7 Grenada Power Drills Market Import-Export Trade Statistics |
7.1 Grenada Power Drills Market Export to Major Countries |
7.2 Grenada Power Drills Market Imports from Major Countries |
8 Grenada Power Drills Market Key Performance Indicators |
8.1 Adoption rate of cordless power drills in Grenada |
8.2 Number of building permits issued in Grenada |
8.3 Average time taken for completing construction projects using power drills |
9 Grenada Power Drills Market - Opportunity Assessment |
9.1 Grenada Power Drills Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Power Drills Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.3 Grenada Power Drills Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Power Drills Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Power Drills Market - Competitive Landscape |
10.1 Grenada Power Drills Market Revenue Share, By Companies, 2024 |
10.2 Grenada Power Drills 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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