| Product Code: ETC7378868 | 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`s pressure gauge import market in 2024 continued to show strong growth, with a notable 39.09% increase from the previous year. The top exporting countries to Grenada, including the USA, Netherlands, and China, indicate a diversified source of imports. However, the market remains highly concentrated, as reflected by the high HHI value. With a compound annual growth rate (CAGR) of 7.27% from 2020 to 2024, the pressure gauge sector in Grenada presents opportunities for both domestic and international suppliers to capitalize on the growing 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 Pressure Gauge Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pressure Gauge Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pressure Gauge Market - Industry Life Cycle |
3.4 Grenada Pressure Gauge Market - Porter's Five Forces |
3.5 Grenada Pressure Gauge Market Revenues & Volume Share, By Output Type, 2021 & 2031F |
3.6 Grenada Pressure Gauge Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Pressure Gauge Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Pressure Gauge Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.2 Technological advancements leading to the development of more efficient and precise pressure gauges. |
4.2.3 Growing emphasis on workplace safety regulations driving the adoption of reliable pressure gauges. |
4.3 Market Restraints |
4.3.1 High initial investment required for advanced pressure gauge models may deter small and medium-sized businesses. |
4.3.2 Economic downturns impacting industrial activities and capital expenditure on pressure gauges. |
4.3.3 Intense competition among pressure gauge manufacturers leading to pricing pressures. |
5 Grenada Pressure Gauge Market Trends |
6 Grenada Pressure Gauge Market, By Types |
6.1 Grenada Pressure Gauge Market, By Output Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pressure Gauge Market Revenues & Volume, By Output Type, 2021- 2031F |
6.1.3 Grenada Pressure Gauge Market Revenues & Volume, By Analog, 2021- 2031F |
6.1.4 Grenada Pressure Gauge Market Revenues & Volume, By Digital, 2021- 2031F |
6.2 Grenada Pressure Gauge Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pressure Gauge Market Revenues & Volume, By Piezoresistive Pressure Gauge, 2021- 2031F |
6.2.3 Grenada Pressure Gauge Market Revenues & Volume, By Capacitive Pressure Gauge, 2021- 2031F |
6.2.4 Grenada Pressure Gauge Market Revenues & Volume, By Electromagnetic Pressure Gauge, 2021- 2031F |
6.2.5 Grenada Pressure Gauge Market Revenues & Volume, By Resonant Solid State Pressure Gauge, 2021- 2031F |
6.2.6 Grenada Pressure Gauge Market Revenues & Volume, By Optical Pressure Gauge, 2021- 2031F |
6.3 Grenada Pressure Gauge Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Pressure Gauge Market Revenues & Volume, By Aviation and Defense, 2021- 2031F |
6.3.3 Grenada Pressure Gauge Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Grenada Pressure Gauge Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 Grenada Pressure Gauge Market Revenues & Volume, By Energy, 2021- 2031F |
6.3.6 Grenada Pressure Gauge Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Pressure Gauge Market Import-Export Trade Statistics |
7.1 Grenada Pressure Gauge Market Export to Major Countries |
7.2 Grenada Pressure Gauge Market Imports from Major Countries |
8 Grenada Pressure Gauge Market Key Performance Indicators |
8.1 Rate of adoption of digital pressure gauge technology. |
8.2 Percentage of pressure gauge failures or inaccuracies reported. |
8.3 Number of new product launches or innovations in the pressure gauge market. |
8.4 Customer satisfaction levels with different pressure gauge brands. |
8.5 Level of compliance with industry standards and regulations for pressure gauges. |
9 Grenada Pressure Gauge Market - Opportunity Assessment |
9.1 Grenada Pressure Gauge Market Opportunity Assessment, By Output Type, 2021 & 2031F |
9.2 Grenada Pressure Gauge Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Pressure Gauge Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Pressure Gauge Market - Competitive Landscape |
10.1 Grenada Pressure Gauge Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pressure Gauge 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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