| Product Code: ETC7379250 | 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 |
In 2024, Grenada saw a significant increase in RFID chip import shipments, with top exporting countries being the USA, Trinidad and Tobago, China, UK, and Barbados. The market concentration, as measured by the HHI index, remained very high, indicating a strong dominance by these key players. The impressive compound annual growth rate (CAGR) of 63.04% from 2020 to 2024 highlights the growing demand for RFID technology in Grenada. Moreover, the exceptional growth rate of 112.23% from 2023 to 2024 suggests a rapid acceleration in the adoption of RFID chips in the country.
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 RFID Chips Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada RFID Chips Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada RFID Chips Market - Industry Life Cycle |
3.4 Grenada RFID Chips Market - Porter's Five Forces |
3.5 Grenada RFID Chips Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada RFID Chips Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada RFID Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for inventory tracking and management solutions in various industries |
4.2.2 Growing emphasis on enhancing security and authentication measures |
4.2.3 Rise in adoption of IoT devices and smart technologies |
4.3 Market Restraints |
4.3.1 High initial implementation costs of RFID technology |
4.3.2 Concerns regarding data privacy and security issues |
4.3.3 Lack of awareness and understanding about the benefits of RFID technology |
5 Grenada RFID Chips Market Trends |
6 Grenada RFID Chips Market, By Types |
6.1 Grenada RFID Chips Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada RFID Chips Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada RFID Chips Market Revenues & Volume, By Passive, 2021- 2031F |
6.1.4 Grenada RFID Chips Market Revenues & Volume, By Active, 2021- 2031F |
6.2 Grenada RFID Chips Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada RFID Chips Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.3 Grenada RFID Chips Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.2.4 Grenada RFID Chips Market Revenues & Volume, By Animal Tracking, 2021- 2031F |
6.2.5 Grenada RFID Chips Market Revenues & Volume, By Apparel, 2021- 2031F |
6.2.6 Grenada RFID Chips Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.7 Grenada RFID Chips Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada RFID Chips Market Import-Export Trade Statistics |
7.1 Grenada RFID Chips Market Export to Major Countries |
7.2 Grenada RFID Chips Market Imports from Major Countries |
8 Grenada RFID Chips Market Key Performance Indicators |
8.1 Average time to implement RFID solutions |
8.2 Percentage increase in RFID adoption across industries |
8.3 Number of successful RFID pilot projects implemented |
9 Grenada RFID Chips Market - Opportunity Assessment |
9.1 Grenada RFID Chips Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada RFID Chips Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada RFID Chips Market - Competitive Landscape |
10.1 Grenada RFID Chips Market Revenue Share, By Companies, 2024 |
10.2 Grenada RFID Chips Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |