| Product Code: ETC10214950 | 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 |
In 2024, Grenada saw a significant influx of propellers import shipments from various countries, with notable contributions from Areas, USA, Hong Kong, Trinidad and Tobago, and the UK. Despite the high Herfindahl-Hirschman Index indicating market concentration, the compound annual growth rate (CAGR) for 2020-2024 stood impressively at 19.11%. However, there was a notable decline in growth rate from 2023 to 2024 at -26.86%, suggesting potential shifts in market dynamics or external factors affecting the propellers import industry in Grenada.
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 Propellers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Propellers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Propellers Market - Industry Life Cycle |
3.4 Grenada Propellers Market - Porter's Five Forces |
3.5 Grenada Propellers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Propellers Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Propellers Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Grenada Propellers Market Revenues & Volume Share, By Blade Count, 2021 & 2031F |
4 Grenada Propellers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient and environmentally friendly propulsion systems |
4.2.2 Growth in the maritime tourism industry, leading to higher demand for recreational boats and yachts |
4.2.3 Technological advancements in propeller design and materials |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, impacting manufacturing costs |
4.3.2 Regulatory challenges related to emissions standards and environmental regulations |
4.3.3 Competition from alternative propulsion technologies such as electric motors |
5 Grenada Propellers Market Trends |
6 Grenada Propellers Market, By Types |
6.1 Grenada Propellers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Propellers Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Propellers Market Revenues & Volume, By Fixed Pitch, 2021 - 2031F |
6.1.4 Grenada Propellers Market Revenues & Volume, By Controllable Pitch, 2021 - 2031F |
6.1.5 Grenada Propellers Market Revenues & Volume, By Ducted Propeller, 2021 - 2031F |
6.1.6 Grenada Propellers Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Propellers Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Propellers Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.3 Grenada Propellers Market Revenues & Volume, By Composite, 2021 - 2031F |
6.2.4 Grenada Propellers Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.2.5 Grenada Propellers Market Revenues & Volume, By Titanium, 2021 - 2031F |
6.3 Grenada Propellers Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Propellers Market Revenues & Volume, By Aircraft, 2021 - 2031F |
6.3.3 Grenada Propellers Market Revenues & Volume, By Marine, 2021 - 2031F |
6.3.4 Grenada Propellers Market Revenues & Volume, By Military, 2021 - 2031F |
6.3.5 Grenada Propellers Market Revenues & Volume, By UAVs, 2021 - 2031F |
6.4 Grenada Propellers Market, By Blade Count |
6.4.1 Overview and Analysis |
6.4.2 Grenada Propellers Market Revenues & Volume, By 2-Blade, 2021 - 2031F |
6.4.3 Grenada Propellers Market Revenues & Volume, By 3-Blade, 2021 - 2031F |
6.4.4 Grenada Propellers Market Revenues & Volume, By 4-Blade, 2021 - 2031F |
6.4.5 Grenada Propellers Market Revenues & Volume, By 5-Blade & Above, 2021 - 2031F |
7 Grenada Propellers Market Import-Export Trade Statistics |
7.1 Grenada Propellers Market Export to Major Countries |
7.2 Grenada Propellers Market Imports from Major Countries |
8 Grenada Propellers Market Key Performance Indicators |
8.1 Average fuel efficiency improvement of Grenada propellers compared to traditional propeller systems |
8.2 Number of new recreational boat and yacht registrations in Grenada |
8.3 Adoption rate of innovative propeller technologies in the Grenada marine market. |
9 Grenada Propellers Market - Opportunity Assessment |
9.1 Grenada Propellers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Propellers Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Propellers Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Grenada Propellers Market Opportunity Assessment, By Blade Count, 2021 & 2031F |
10 Grenada Propellers Market - Competitive Landscape |
10.1 Grenada Propellers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Propellers 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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