| Product Code: ETC7378771 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s precision agriculture import market saw a significant influx of shipments in 2024, with top exporting countries being Germany, China, India, USA, and Canada. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a remarkable compound annual growth rate (CAGR) of 66.5% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -47.93%. This data suggests a dynamic and competitive landscape in Grenada`s precision agriculture sector, with potential opportunities for market players to explore in the coming years.
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 Precision Agriculture Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Precision Agriculture Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Precision Agriculture Market - Industry Life Cycle |
3.4 Grenada Precision Agriculture Market - Porter's Five Forces |
3.5 Grenada Precision Agriculture Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Precision Agriculture Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Precision Agriculture Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Grenada Precision Agriculture Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Precision Agriculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Precision Agriculture Market Trends |
6 Grenada Precision Agriculture Market, By Types |
6.1 Grenada Precision Agriculture Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Precision Agriculture Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Grenada Precision Agriculture Market Revenues & Volume, By GNSS/GPS Systems, 2021- 2031F |
6.1.4 Grenada Precision Agriculture Market Revenues & Volume, By GIS, 2021- 2031F |
6.1.5 Grenada Precision Agriculture Market Revenues & Volume, By Remote Sensing, 2021- 2031F |
6.1.6 Grenada Precision Agriculture Market Revenues & Volume, By Variable Rate Technology (VRT), 2021- 2031F |
6.1.7 Grenada Precision Agriculture Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Precision Agriculture Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Precision Agriculture Market Revenues & Volume, By Automation and Control Systems, 2021- 2031F |
6.2.3 Grenada Precision Agriculture Market Revenues & Volume, By Sensing and Monitoring Devices, 2021- 2031F |
6.2.4 Grenada Precision Agriculture Market Revenues & Volume, By Farm Management Systems, 2021- 2031F |
6.3 Grenada Precision Agriculture Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Grenada Precision Agriculture Market Revenues & Volume, By Hardware, 2021- 2031F |
6.3.3 Grenada Precision Agriculture Market Revenues & Volume, By Software, 2021- 2031F |
6.4 Grenada Precision Agriculture Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Precision Agriculture Market Revenues & Volume, By Mapping, 2021- 2031F |
6.4.3 Grenada Precision Agriculture Market Revenues & Volume, By Crop Scouting, 2021- 2031F |
6.4.4 Grenada Precision Agriculture Market Revenues & Volume, By Yield Monitoring, 2021- 2031F |
6.4.5 Grenada Precision Agriculture Market Revenues & Volume, By Soil Monitoring, 2021- 2031F |
6.4.6 Grenada Precision Agriculture Market Revenues & Volume, By Precision Irrigation, 2021- 2031F |
6.4.7 Grenada Precision Agriculture Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Precision Agriculture Market Import-Export Trade Statistics |
7.1 Grenada Precision Agriculture Market Export to Major Countries |
7.2 Grenada Precision Agriculture Market Imports from Major Countries |
8 Grenada Precision Agriculture Market Key Performance Indicators |
9 Grenada Precision Agriculture Market - Opportunity Assessment |
9.1 Grenada Precision Agriculture Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Precision Agriculture Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Precision Agriculture Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Grenada Precision Agriculture Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Precision Agriculture Market - Competitive Landscape |
10.1 Grenada Precision Agriculture Market Revenue Share, By Companies, 2024 |
10.2 Grenada Precision Agriculture 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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