| Product Code: ETC10339174 | 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 |
Grenada`s import shipments of rockets and missiles in 2024 were predominantly sourced from the USA, Barbados, Areas NES, Canada, and Saint Lucia. The market exhibited a very high level of concentration, with the Herfindahl-Hirschman Index (HHI) remaining elevated throughout the year. The compound annual growth rate (CAGR) from 2020 to 2024 was -28.09%, indicating a significant decrease in imports over the period. Moreover, the growth rate from 2023 to 2024 was -29.69%, reflecting a continued decline in the importation of rockets and missiles into 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 Rocket and Missiles Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Rocket and Missiles Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Rocket and Missiles Market - Industry Life Cycle |
3.4 Grenada Rocket and Missiles Market - Porter's Five Forces |
3.5 Grenada Rocket and Missiles Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Rocket and Missiles Market Revenues & Volume Share, By Propulsion System, 2021 & 2031F |
3.7 Grenada Rocket and Missiles Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Rocket and Missiles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Rocket and Missiles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing geopolitical tensions and security concerns in the region |
4.2.2 Growing defense budgets of countries in the Caribbean region |
4.2.3 Technological advancements leading to the development of more sophisticated rocket and missile systems |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms trade and export controls |
4.3.2 High costs associated with research and development of advanced rocket and missile technologies |
4.3.3 Limited market size and potential customer base in Grenada |
5 Grenada Rocket and Missiles Market Trends |
6 Grenada Rocket and Missiles Market, By Types |
6.1 Grenada Rocket and Missiles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Rocket and Missiles Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Rocket and Missiles Market Revenues & Volume, By Ballistic, 2021 - 2031F |
6.1.4 Grenada Rocket and Missiles Market Revenues & Volume, By Cruise, 2021 - 2031F |
6.1.5 Grenada Rocket and Missiles Market Revenues & Volume, By Anti-Ship, 2021 - 2031F |
6.1.6 Grenada Rocket and Missiles Market Revenues & Volume, By Surface-to-Air, 2021 - 2031F |
6.1.7 Grenada Rocket and Missiles Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Rocket and Missiles Market, By Propulsion System |
6.2.1 Overview and Analysis |
6.2.2 Grenada Rocket and Missiles Market Revenues & Volume, By Solid Fuel, 2021 - 2031F |
6.2.3 Grenada Rocket and Missiles Market Revenues & Volume, By Liquid Fuel, 2021 - 2031F |
6.2.4 Grenada Rocket and Missiles Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2.5 Grenada Rocket and Missiles Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2.6 Grenada Rocket and Missiles Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Rocket and Missiles Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Rocket and Missiles Market Revenues & Volume, By Military, 2021 - 2031F |
6.3.3 Grenada Rocket and Missiles Market Revenues & Volume, By Air Force, 2021 - 2031F |
6.3.4 Grenada Rocket and Missiles Market Revenues & Volume, By Navy, 2021 - 2031F |
6.3.5 Grenada Rocket and Missiles Market Revenues & Volume, By Army, 2021 - 2031F |
6.3.6 Grenada Rocket and Missiles Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Rocket and Missiles Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Rocket and Missiles Market Revenues & Volume, By Strategic Defense, 2021 - 2031F |
6.4.3 Grenada Rocket and Missiles Market Revenues & Volume, By Air-to-Ground Attack, 2021 - 2031F |
6.4.4 Grenada Rocket and Missiles Market Revenues & Volume, By Naval Warfare, 2021 - 2031F |
6.4.5 Grenada Rocket and Missiles Market Revenues & Volume, By Air Defense, 2021 - 2031F |
6.4.6 Grenada Rocket and Missiles Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Rocket and Missiles Market Import-Export Trade Statistics |
7.1 Grenada Rocket and Missiles Market Export to Major Countries |
7.2 Grenada Rocket and Missiles Market Imports from Major Countries |
8 Grenada Rocket and Missiles Market Key Performance Indicators |
8.1 Research and development investment in rocket and missile technologies |
8.2 Number of successful missile tests conducted |
8.3 Adoption rate of advanced rocket and missile systems in the region |
9 Grenada Rocket and Missiles Market - Opportunity Assessment |
9.1 Grenada Rocket and Missiles Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Rocket and Missiles Market Opportunity Assessment, By Propulsion System, 2021 & 2031F |
9.3 Grenada Rocket and Missiles Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Rocket and Missiles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Rocket and Missiles Market - Competitive Landscape |
10.1 Grenada Rocket and Missiles Market Revenue Share, By Companies, 2024 |
10.2 Grenada Rocket and Missiles 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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