| Product Code: ETC5521382 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import shipments of shaft couplings in 2024 were primarily sourced from top exporting countries such as the USA, Germany, Brazil, UAE, and Italy. Despite a significant negative CAGR of -13.17% from 2020 to 2024 and a further decline in growth rate of -17.49% from 2023 to 2024, the market remained highly concentrated with a very high Herfindahl-Hirschman Index (HHI) in 2024. This indicates a continued reliance on a few key exporting countries for shaft couplings, highlighting potential challenges and opportunities for market diversification in the future.
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 Shaft Couplings Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Shaft Couplings Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Shaft Couplings Market - Industry Life Cycle |
3.4 Grenada Shaft Couplings Market - Porter's Five Forces |
3.5 Grenada Shaft Couplings Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Shaft Couplings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Shaft Couplings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for industrial machinery and equipment that require shaft couplings |
4.2.2 Technological advancements leading to the development of more efficient and durable shaft couplings |
4.2.3 Growing emphasis on reducing maintenance downtime and improving overall operational efficiency in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of manufacturing shaft couplings |
4.3.2 Intense competition from alternative coupling technologies such as magnetic couplings |
4.3.3 Economic downturns affecting investments in industrial machinery and equipment |
5 Grenada Shaft Couplings Market Trends |
6 Grenada Shaft Couplings Market Segmentations |
6.1 Grenada Shaft Couplings Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Shaft Couplings Market Revenues & Volume, By Flexible Couplings, 2021-2031F |
6.1.3 Grenada Shaft Couplings Market Revenues & Volume, By Disc Rigid Couplings, 2021-2031F |
6.2 Grenada Shaft Couplings Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Shaft Couplings Market Revenues & Volume, By Power and Energy, 2021-2031F |
6.2.3 Grenada Shaft Couplings Market Revenues & Volume, By Automotive Industry, 2021-2031F |
6.2.4 Grenada Shaft Couplings Market Revenues & Volume, By Steel Industry, 2021-2031F |
7 Grenada Shaft Couplings Market Import-Export Trade Statistics |
7.1 Grenada Shaft Couplings Market Export to Major Countries |
7.2 Grenada Shaft Couplings Market Imports from Major Countries |
8 Grenada Shaft Couplings Market Key Performance Indicators |
8.1 Average lifespan of grenada shaft couplings |
8.2 Percentage of repeat customers within a specific time period |
8.3 Rate of adoption of new technologies in shaft coupling manufacturing |
9 Grenada Shaft Couplings Market - Opportunity Assessment |
9.1 Grenada Shaft Couplings Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Shaft Couplings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Shaft Couplings Market - Competitive Landscape |
10.1 Grenada Shaft Couplings Market Revenue Share, By Companies, 2024 |
10.2 Grenada Shaft Couplings 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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