| Product Code: ETC10840870 | 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 significant concentration of smart tyre imports from top countries such as China, UK, Taiwan, USA, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates a market dominated by these key players. The impressive compound annual growth rate (CAGR) of 14.86% from 2020 to 2024 highlights the increasing demand for smart tyres in Grenada. Moreover, the growth rate of 23.74% from 2023 to 2024 suggests a rapid expansion in the market, signaling promising opportunities for both suppliers and consumers in the smart tyre 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 Smart Tyre Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Tyre Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Tyre Market - Industry Life Cycle |
3.4 Grenada Smart Tyre Market - Porter's Five Forces |
3.5 Grenada Smart Tyre Market Revenues & Volume Share, By Tyre Type, 2021 & 2031F |
3.6 Grenada Smart Tyre Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Grenada Smart Tyre Market Revenues & Volume Share, By AI Capabilities, 2021 & 2031F |
3.8 Grenada Smart Tyre Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Smart Tyre Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Smart Tyre Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Smart Tyre Market Trends |
6 Grenada Smart Tyre Market, By Types |
6.1 Grenada Smart Tyre Market, By Tyre Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Tyre Market Revenues & Volume, By Tyre Type, 2021 - 2031F |
6.1.3 Grenada Smart Tyre Market Revenues & Volume, By AI-Powered Pressure Monitoring Tyres, 2021 - 2031F |
6.1.4 Grenada Smart Tyre Market Revenues & Volume, By Self-Inflating Smart Tyres, 2021 - 2031F |
6.1.5 Grenada Smart Tyre Market Revenues & Volume, By RFID-Embedded Smart Tyres, 2021 - 2031F |
6.1.6 Grenada Smart Tyre Market Revenues & Volume, By AI-Driven Performance Tyres, 2021 - 2031F |
6.1.7 Grenada Smart Tyre Market Revenues & Volume, By Solar-Powered Smart Tyres, 2021 - 2031F |
6.2 Grenada Smart Tyre Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Tyre Market Revenues & Volume, By IoT-Enabled, 2021 - 2031F |
6.2.3 Grenada Smart Tyre Market Revenues & Volume, By Cloud-Based, 2021 - 2031F |
6.2.4 Grenada Smart Tyre Market Revenues & Volume, By NFC-Connected, 2021 - 2031F |
6.2.5 Grenada Smart Tyre Market Revenues & Volume, By AI-Powered, 2021 - 2031F |
6.2.6 Grenada Smart Tyre Market Revenues & Volume, By Renewable Energy Integrated, 2021 - 2031F |
6.3 Grenada Smart Tyre Market, By AI Capabilities |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Tyre Market Revenues & Volume, By Real-Time Air Pressure Tracking, 2021 - 2031F |
6.3.3 Grenada Smart Tyre Market Revenues & Volume, By Automated Air Adjustment, 2021 - 2031F |
6.3.4 Grenada Smart Tyre Market Revenues & Volume, By Anti-Theft Tracking, 2021 - 2031F |
6.3.5 Grenada Smart Tyre Market Revenues & Volume, By Speed & Grip Optimization, 2021 - 2031F |
6.3.6 Grenada Smart Tyre Market Revenues & Volume, By Energy Harvesting, 2021 - 2031F |
6.4 Grenada Smart Tyre Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Smart Tyre Market Revenues & Volume, By Vehicle Safety, 2021 - 2031F |
6.4.3 Grenada Smart Tyre Market Revenues & Volume, By Fleet Management, 2021 - 2031F |
6.4.4 Grenada Smart Tyre Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.4.5 Grenada Smart Tyre Market Revenues & Volume, By Sports Cars, 2021 - 2031F |
6.4.6 Grenada Smart Tyre Market Revenues & Volume, By Sustainable Vehicles, 2021 - 2031F |
6.5 Grenada Smart Tyre Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Smart Tyre Market Revenues & Volume, By Car Owners, 2021 - 2031F |
6.5.3 Grenada Smart Tyre Market Revenues & Volume, By Logistics Companies, 2021 - 2031F |
6.5.4 Grenada Smart Tyre Market Revenues & Volume, By Transport Companies, 2021 - 2031F |
6.5.5 Grenada Smart Tyre Market Revenues & Volume, By Racing Industry, 2021 - 2031F |
6.5.6 Grenada Smart Tyre Market Revenues & Volume, By Green Transport, 2021 - 2031F |
7 Grenada Smart Tyre Market Import-Export Trade Statistics |
7.1 Grenada Smart Tyre Market Export to Major Countries |
7.2 Grenada Smart Tyre Market Imports from Major Countries |
8 Grenada Smart Tyre Market Key Performance Indicators |
9 Grenada Smart Tyre Market - Opportunity Assessment |
9.1 Grenada Smart Tyre Market Opportunity Assessment, By Tyre Type, 2021 & 2031F |
9.2 Grenada Smart Tyre Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Grenada Smart Tyre Market Opportunity Assessment, By AI Capabilities, 2021 & 2031F |
9.4 Grenada Smart Tyre Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Smart Tyre Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Smart Tyre Market - Competitive Landscape |
10.1 Grenada Smart Tyre Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Tyre 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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