| Product Code: ETC5861330 | 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 |
In 2024, Grenada continued to see a high concentration of small drone imports, with the top exporting countries being the USA and UK. Despite a concerning negative growth rate of -94.25% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 3.41%. This indicates a fluctuating trend in the small drone import market in Grenada, potentially influenced by various factors such as global economic conditions and technological advancements. Keeping a close eye on these trends will be crucial for stakeholders in the industry.
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 Small Drone Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Small Drone Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Small Drone Market - Industry Life Cycle |
3.4 Grenada Small Drone Market - Porter's Five Forces |
3.5 Grenada Small Drone Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.6 Grenada Small Drone Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Small Drone Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.8 Grenada Small Drone Market Revenues & Volume Share, By Mode of Operation, 2021 & 2031F |
3.9 Grenada Small Drone Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Small Drone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aerial photography and videography for various applications such as real estate, agriculture, and tourism. |
4.2.2 Growing adoption of drones for surveillance and monitoring purposes in sectors like security, infrastructure inspection, and disaster management. |
4.2.3 Technological advancements leading to the development of more sophisticated drones with improved capabilities and features. |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on drone usage in Grenada, impacting market growth and adoption. |
4.3.2 Limited awareness and understanding of the benefits and applications of drones among potential users and businesses in Grenada. |
4.3.3 Concerns regarding privacy and data security issues related to drone operations, leading to hesitancy in adoption. |
5 Grenada Small Drone Market Trends |
6 Grenada Small Drone Market Segmentations |
6.1 Grenada Small Drone Market, By Platform |
6.1.1 Overview and Analysis |
6.1.2 Grenada Small Drone Market Revenues & Volume, By Civil & Commercial , 2021-2031F |
6.1.3 Grenada Small Drone Market Revenues & Volume, By Defense & Government, 2021-2031F |
6.2 Grenada Small Drone Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Small Drone Market Revenues & Volume, By Fixed Wing, 2021-2031F |
6.2.3 Grenada Small Drone Market Revenues & Volume, By Rotary Wing, 2021-2031F |
6.2.4 Grenada Small Drone Market Revenues & Volume, By Hybrid, 2021-2031F |
6.3 Grenada Small Drone Market, By Power Source |
6.3.1 Overview and Analysis |
6.3.2 Grenada Small Drone Market Revenues & Volume, By Fully Powered, 2021-2031F |
6.3.3 Grenada Small Drone Market Revenues & Volume, By Battery Powered, 2021-2031F |
6.4 Grenada Small Drone Market, By Mode of Operation |
6.4.1 Overview and Analysis |
6.4.2 Grenada Small Drone Market Revenues & Volume, By Remotely Piloted, 2021-2031F |
6.4.3 Grenada Small Drone Market Revenues & Volume, By Optionally Piloted, 2021-2031F |
6.4.4 Grenada Small Drone Market Revenues & Volume, By Fully Autonomous, 2021-2031F |
6.5 Grenada Small Drone Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Grenada Small Drone Market Revenues & Volume, By Military, 2021-2031F |
6.5.3 Grenada Small Drone Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.4 Grenada Small Drone Market Revenues & Volume, By Government & Law, 2021-2031F |
6.5.5 Grenada Small Drone Market Revenues & Volume, By Consumer, 2021-2031F |
7 Grenada Small Drone Market Import-Export Trade Statistics |
7.1 Grenada Small Drone Market Export to Major Countries |
7.2 Grenada Small Drone Market Imports from Major Countries |
8 Grenada Small Drone Market Key Performance Indicators |
8.1 Average flight time of drones in Grenada, indicating the efficiency and effectiveness of drone operations. |
8.2 Number of drone pilot certifications issued in Grenada, reflecting the growth of skilled professionals in the industry. |
8.3 Investment in research and development for drone technology in Grenada, showcasing innovation and future market potential. |
9 Grenada Small Drone Market - Opportunity Assessment |
9.1 Grenada Small Drone Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.2 Grenada Small Drone Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Small Drone Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.4 Grenada Small Drone Market Opportunity Assessment, By Mode of Operation, 2021 & 2031F |
9.5 Grenada Small Drone Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Small Drone Market - Competitive Landscape |
10.1 Grenada Small Drone Market Revenue Share, By Companies, 2024 |
10.2 Grenada Small Drone 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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