| Product Code: ETC5210048 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada saw a notable import of roller bearings, with top exporting countries being the USA, Puerto Rico, Trinidad and Tobago, UAE, and UK. Despite a high Herfindahl-Hirschman Index indicating market concentration, the Compound Annual Growth Rate (CAGR) from 2020-2024 remained positive at 4.28%. However, there was a decline in growth from 2023-2024, with a rate of -15.77%. This suggests a potential shift in market dynamics that importers and industry players should monitor closely for future opportunities and challenges.
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 Roller Bearings Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Roller Bearings Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Roller Bearings Market - Industry Life Cycle |
3.4 Grenada Roller Bearings Market - Porter's Five Forces |
3.5 Grenada Roller Bearings Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Roller Bearings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Roller Bearings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for industrial automation leading to higher usage of roller bearings |
4.2.2 Growth in the automotive and aerospace industries which are major consumers of roller bearings |
4.2.3 Technological advancements in materials and design improving the performance and efficiency of roller bearings |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs of roller bearings |
4.3.2 Intense competition from alternative bearing technologies affecting market share |
4.3.3 Impact of economic downturns on overall industrial activity and capital expenditure, leading to decreased demand for roller bearings |
5 Grenada Roller Bearings Market Trends |
6 Grenada Roller Bearings Market Segmentations |
6.1 Grenada Roller Bearings Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Roller Bearings Market Revenues & Volume, By Tapered, 2021-2031F |
6.1.3 Grenada Roller Bearings Market Revenues & Volume, By Spherical, 2021-2031F |
6.1.4 Grenada Roller Bearings Market Revenues & Volume, By Cylindrical, 2021-2031F |
6.1.5 Grenada Roller Bearings Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Roller Bearings Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Roller Bearings Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Grenada Roller Bearings Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.2.4 Grenada Roller Bearings Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.5 Grenada Roller Bearings Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Roller Bearings Market Import-Export Trade Statistics |
7.1 Grenada Roller Bearings Market Export to Major Countries |
7.2 Grenada Roller Bearings Market Imports from Major Countries |
8 Grenada Roller Bearings Market Key Performance Indicators |
8.1 Average order value per customer indicating the value proposition of roller bearings |
8.2 Number of new product launches showcasing innovation and market responsiveness |
8.3 Customer satisfaction scores reflecting the quality and reliability of roller bearings |
8.4 Percentage of repeat customers indicating loyalty and market acceptance of the brand |
8.5 Rate of product defects or returns as a measure of product quality and reliability |
9 Grenada Roller Bearings Market - Opportunity Assessment |
9.1 Grenada Roller Bearings Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Roller Bearings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Roller Bearings Market - Competitive Landscape |
10.1 Grenada Roller Bearings Market Revenue Share, By Companies, 2024 |
10.2 Grenada Roller Bearings 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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