| Product Code: ETC5683908 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Grenada continued to see significant import shipments in road safety equipment, with China, UK, Taiwan, USA, and Jamaica being the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a strong compound annual growth rate (CAGR) of 14.89% from 2020 to 2024 and a notable growth rate of 23.64% from 2023 to 2024, the road safety import sector in Grenada is showing promising expansion and attracting diverse suppliers globally.
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 Road Safety Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Road Safety Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Road Safety Market - Industry Life Cycle |
3.4 Grenada Road Safety Market - Porter's Five Forces |
3.5 Grenada Road Safety Market Revenues & Volume Share, By Solutions, 2021 & 2031F |
3.6 Grenada Road Safety Market Revenues & Volume Share, By Service, 2021 & 2031F |
4 Grenada Road Safety Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives to improve road safety in Grenada |
4.2.2 Growing awareness among the population about the importance of road safety |
4.2.3 Implementation of strict regulations and enforcement measures to reduce road accidents |
4.3 Market Restraints |
4.3.1 Limited funding for road safety infrastructure projects |
4.3.2 Lack of advanced technology adoption for road safety measures in Grenada |
5 Grenada Road Safety Market Trends |
6 Grenada Road Safety Market Segmentations |
6.1 Grenada Road Safety Market, By Solutions |
6.1.1 Overview and Analysis |
6.1.2 Grenada Road Safety Market Revenues & Volume, By Red Light, 2021-2031F |
6.1.3 Grenada Road Safety Market Revenues & Volume, By Speed, 2021-2031F |
6.1.4 Grenada Road Safety Market Revenues & Volume, By Bus Lane, 2021-2031F |
6.1.5 Grenada Road Safety Market Revenues & Volume, By Section Enforcement, 2021-2031F |
6.1.6 Grenada Road Safety Market Revenues & Volume, By ALPR/ANPR, 2021-2031F |
6.2 Grenada Road Safety Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Grenada Road Safety Market Revenues & Volume, By Consulting and Training, 2021-2031F |
6.2.3 Grenada Road Safety Market Revenues & Volume, By System Integration and Deployment, 2021-2031F |
6.2.4 Grenada Road Safety Market Revenues & Volume, By Support and Maintenance, 2021-2031F |
7 Grenada Road Safety Market Import-Export Trade Statistics |
7.1 Grenada Road Safety Market Export to Major Countries |
7.2 Grenada Road Safety Market Imports from Major Countries |
8 Grenada Road Safety Market Key Performance Indicators |
8.1 Number of road safety education programs conducted annually |
8.2 Percentage reduction in road accidents over a specified period |
8.3 Compliance rate with road safety regulations among drivers |
8.4 Average response time for emergency services to reach accident sites |
8.5 Investment in road safety infrastructure improvements |
9 Grenada Road Safety Market - Opportunity Assessment |
9.1 Grenada Road Safety Market Opportunity Assessment, By Solutions, 2021 & 2031F |
9.2 Grenada Road Safety Market Opportunity Assessment, By Service, 2021 & 2031F |
10 Grenada Road Safety Market - Competitive Landscape |
10.1 Grenada Road Safety Market Revenue Share, By Companies, 2024 |
10.2 Grenada Road Safety Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |