| Product Code: ETC10420198 | 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 |
The import shipments of Grenada rescue hovercrafts have shown remarkable growth in 2024, with top exporting countries including Dominican Republic, USA, Trinidad and Tobago, China, and Canada. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 intensified further in 2024, indicating a very competitive market. The impressive compound annual growth rate (CAGR) of 46.64% from 2020 to 2024 highlights the increasing demand for hovercrafts in Grenada. Moreover, the exceptional growth rate of 215.67% from 2023 to 2024 signifies a significant surge in import shipments, reflecting the importance of these rescue hovercrafts in the region.
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 Rescue Hovercrafts Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Rescue Hovercrafts Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Rescue Hovercrafts Market - Industry Life Cycle |
3.4 Grenada Rescue Hovercrafts Market - Porter's Five Forces |
3.5 Grenada Rescue Hovercrafts Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Rescue Hovercrafts Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Rescue Hovercrafts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Rescue Hovercrafts Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Rescue Hovercrafts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing frequency and intensity of natural disasters in the region requiring rapid response capabilities. |
4.2.2 Growing awareness and investment in disaster management and preparedness initiatives. |
4.2.3 Improved technology and innovation in hovercraft design and functionality. |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs of hovercrafts. |
4.3.2 Limited operational range and speed compared to traditional rescue vehicles. |
4.3.3 Regulatory challenges and compliance requirements for operating hovercrafts in certain areas. |
5 Grenada Rescue Hovercrafts Market Trends |
6 Grenada Rescue Hovercrafts Market, By Types |
6.1 Grenada Rescue Hovercrafts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Rescue Hovercrafts Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Rescue Hovercrafts Market Revenues & Volume, By Light Hovercraft, 2021 - 2031F |
6.1.4 Grenada Rescue Hovercrafts Market Revenues & Volume, By Heavy-Duty Hovercraft, 2021 - 2031F |
6.1.5 Grenada Rescue Hovercrafts Market Revenues & Volume, By Amphibious Hovercraft, 2021 - 2031F |
6.2 Grenada Rescue Hovercrafts Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Rescue Hovercrafts Market Revenues & Volume, By Aluminum, Composite, 2021 - 2031F |
6.2.3 Grenada Rescue Hovercrafts Market Revenues & Volume, By Fiberglass, Steel, 2021 - 2031F |
6.2.4 Grenada Rescue Hovercrafts Market Revenues & Volume, By Reinforced Polyethylene, 2021 - 2031F |
6.3 Grenada Rescue Hovercrafts Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Rescue Hovercrafts Market Revenues & Volume, By Flood Rescue, Ice Rescue, 2021 - 2031F |
6.3.3 Grenada Rescue Hovercrafts Market Revenues & Volume, By Military, Coast Guard, 2021 - 2031F |
6.3.4 Grenada Rescue Hovercrafts Market Revenues & Volume, By Disaster Relief, 2021 - 2031F |
6.4 Grenada Rescue Hovercrafts Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Rescue Hovercrafts Market Revenues & Volume, By Emergency Services, 2021 - 2031F |
6.4.3 Grenada Rescue Hovercrafts Market Revenues & Volume, By Defense, Government Agencies, 2021 - 2031F |
6.4.4 Grenada Rescue Hovercrafts Market Revenues & Volume, By NGOs, Municipalities, 2021 - 2031F |
7 Grenada Rescue Hovercrafts Market Import-Export Trade Statistics |
7.1 Grenada Rescue Hovercrafts Market Export to Major Countries |
7.2 Grenada Rescue Hovercrafts Market Imports from Major Countries |
8 Grenada Rescue Hovercrafts Market Key Performance Indicators |
8.1 Response time of hovercrafts to emergency situations. |
8.2 Utilization rate of hovercrafts during disaster response operations. |
8.3 Training hours for rescue personnel on hovercraft operation and safety protocols. |
9 Grenada Rescue Hovercrafts Market - Opportunity Assessment |
9.1 Grenada Rescue Hovercrafts Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Rescue Hovercrafts Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Rescue Hovercrafts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Rescue Hovercrafts Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Rescue Hovercrafts Market - Competitive Landscape |
10.1 Grenada Rescue Hovercrafts Market Revenue Share, By Companies, 2024 |
10.2 Grenada Rescue Hovercrafts 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