| Product Code: ETC10821478 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada continued to see a high concentration of smart door lock imports, with the top exporting countries being the USA, Canada, Trinidad and Tobago, China, and Hong Kong. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained positive at 6.13%. This suggests a steady demand for smart door locks in Grenada, with key players from various countries contributing to the market`s growth and development.
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 Smart Door Locks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Door Locks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Door Locks Market - Industry Life Cycle |
3.4 Grenada Smart Door Locks Market - Porter's Five Forces |
3.5 Grenada Smart Door Locks Market Revenues & Volume Share, By Lock Type, 2021 & 2031F |
3.6 Grenada Smart Door Locks Market Revenues & Volume Share, By Authentication Type, 2021 & 2031F |
3.7 Grenada Smart Door Locks Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.8 Grenada Smart Door Locks Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.9 Grenada Smart Door Locks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Smart Door Locks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Smart Door Locks Market Trends |
6 Grenada Smart Door Locks Market, By Types |
6.1 Grenada Smart Door Locks Market, By Lock Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Door Locks Market Revenues & Volume, By Lock Type, 2021 - 2031F |
6.1.3 Grenada Smart Door Locks Market Revenues & Volume, By Deadbolt Smart Locks, 2021 - 2031F |
6.1.4 Grenada Smart Door Locks Market Revenues & Volume, By Lever Handle Smart Locks, 2021 - 2031F |
6.1.5 Grenada Smart Door Locks Market Revenues & Volume, By Keypad Smart Locks, 2021 - 2031F |
6.1.6 Grenada Smart Door Locks Market Revenues & Volume, By Keyless Entry Smart Locks, 2021 - 2031F |
6.1.7 Grenada Smart Door Locks Market Revenues & Volume, By Remote Access Smart Locks, 2021 - 2031F |
6.2 Grenada Smart Door Locks Market, By Authentication Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Door Locks Market Revenues & Volume, By Fingerprint Recognition, 2021 - 2031F |
6.2.3 Grenada Smart Door Locks Market Revenues & Volume, By Facial Recognition, 2021 - 2031F |
6.2.4 Grenada Smart Door Locks Market Revenues & Volume, By PIN & Keypad Entry, 2021 - 2031F |
6.2.5 Grenada Smart Door Locks Market Revenues & Volume, By Biometric Multi-Layered, 2021 - 2031F |
6.2.6 Grenada Smart Door Locks Market Revenues & Volume, By RFID Card Entry, 2021 - 2031F |
6.3 Grenada Smart Door Locks Market, By Connectivity |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Door Locks Market Revenues & Volume, By Wi-Fi Enabled, 2021 - 2031F |
6.3.3 Grenada Smart Door Locks Market Revenues & Volume, By Bluetooth Connected, 2021 - 2031F |
6.3.4 Grenada Smart Door Locks Market Revenues & Volume, By NFC Enabled, 2021 - 2031F |
6.3.5 Grenada Smart Door Locks Market Revenues & Volume, By Z-Wave Connectivity, 2021 - 2031F |
6.3.6 Grenada Smart Door Locks Market Revenues & Volume, By IoT-Integrated, 2021 - 2031F |
6.4 Grenada Smart Door Locks Market, By Power Source |
6.4.1 Overview and Analysis |
6.4.2 Grenada Smart Door Locks Market Revenues & Volume, By Battery Powered, 2021 - 2031F |
6.4.3 Grenada Smart Door Locks Market Revenues & Volume, By Wired, 2021 - 2031F |
6.4.4 Grenada Smart Door Locks Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.4.5 Grenada Smart Door Locks Market Revenues & Volume, By Solar Powered, 2021 - 2031F |
6.4.6 Grenada Smart Door Locks Market Revenues & Volume, By Smart Grid Powered, 2021 - 2031F |
6.5 Grenada Smart Door Locks Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Grenada Smart Door Locks Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.5.3 Grenada Smart Door Locks Market Revenues & Volume, By Supers, 2021 - 2031F |
6.5.4 Grenada Smart Door Locks Market Revenues & Volume, By Electronics Stores, 2021 - 2031F |
6.5.5 Grenada Smart Door Locks Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.5.6 Grenada Smart Door Locks Market Revenues & Volume, By Hypers, 2021 - 2031F |
7 Grenada Smart Door Locks Market Import-Export Trade Statistics |
7.1 Grenada Smart Door Locks Market Export to Major Countries |
7.2 Grenada Smart Door Locks Market Imports from Major Countries |
8 Grenada Smart Door Locks Market Key Performance Indicators |
9 Grenada Smart Door Locks Market - Opportunity Assessment |
9.1 Grenada Smart Door Locks Market Opportunity Assessment, By Lock Type, 2021 & 2031F |
9.2 Grenada Smart Door Locks Market Opportunity Assessment, By Authentication Type, 2021 & 2031F |
9.3 Grenada Smart Door Locks Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.4 Grenada Smart Door Locks Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.5 Grenada Smart Door Locks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Smart Door Locks Market - Competitive Landscape |
10.1 Grenada Smart Door Locks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Door Locks 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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