Grenada Solenoid Valves Market (2025-2031) | Competitive Landscape, Industry, Forecast, Value, Companies, Share, Trends, Size & Revenue, Segmentation, Analysis, Outlook, Growth

Market Forecast By Type (Direct-acting Valves, Pilot-operating Valves), By Solenoid Valve Application (2-Way, 3-Way, 4-Way, 5-Way), By Solenoid Valve (Oil & Gas, Chemical & Petrochemical, Power Generation, Pharmaceutical, Automotive, Medical, Others) And Competitive Landscape
Product Code: ETC7381193 Publication Date: Sep 2024 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Summon Dutta No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Grenada Solenoid Valves Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to heavily rely on imports of solenoid valves, with the top exporting countries being the USA, Trinidad and Tobago, Switzerland, Canada, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a remarkable compound annual growth rate (CAGR) of 23.13% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024 at -23.64%. This fluctuation may suggest shifting market dynamics or temporary challenges in the industry, warranting further analysis for stakeholders in the solenoid valves import sector.

Key Highlights of the Report:

  • Grenada Solenoid Valves Market Outlook
  • Market Size of Grenada Solenoid Valves Market, 2024
  • Forecast of Grenada Solenoid Valves Market, 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Revenues & Volume for the Period 2021- 2031
  • Grenada Solenoid Valves Market Trend Evolution
  • Grenada Solenoid Valves Market Drivers and Challenges
  • Grenada Solenoid Valves Price Trends
  • Grenada Solenoid Valves Porter's Five Forces
  • Grenada Solenoid Valves Industry Life Cycle
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Direct-acting Valves for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Pilot-operating Valves for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Solenoid Valve Application for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By 2-Way for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By 3-Way for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By 4-Way for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By 5-Way for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Solenoid Valve for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Oil & Gas for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Chemical & Petrochemical for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Power Generation for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Pharmaceutical for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Automotive for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Medical for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Solenoid Valves Market Revenues & Volume By Others for the Period 2021- 2031
  • Grenada Solenoid Valves Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Solenoid Valve Application
  • Market Opportunity Assessment By Solenoid Valve
  • Grenada Solenoid Valves Top Companies Market Share
  • Grenada Solenoid Valves Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Solenoid Valves Company Profiles
  • Grenada Solenoid Valves Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Solenoid Valves Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Solenoid Valves Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Solenoid Valves Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Solenoid Valves Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Solenoid Valves Market - Industry Life Cycle

3.4 Grenada Solenoid Valves Market - Porter's Five Forces

3.5 Grenada Solenoid Valves Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Solenoid Valves Market Revenues & Volume Share, By Solenoid Valve Application, 2021 & 2031F

3.7 Grenada Solenoid Valves Market Revenues & Volume Share, By Solenoid Valve, 2021 & 2031F

4 Grenada Solenoid Valves Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Solenoid Valves Market Trends

6 Grenada Solenoid Valves Market, By Types

6.1 Grenada Solenoid Valves Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Solenoid Valves Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Grenada Solenoid Valves Market Revenues & Volume, By Direct-acting Valves, 2021- 2031F

6.1.4 Grenada Solenoid Valves Market Revenues & Volume, By Pilot-operating Valves, 2021- 2031F

6.2 Grenada Solenoid Valves Market, By Solenoid Valve Application

6.2.1 Overview and Analysis

6.2.2 Grenada Solenoid Valves Market Revenues & Volume, By 2-Way, 2021- 2031F

6.2.3 Grenada Solenoid Valves Market Revenues & Volume, By 3-Way, 2021- 2031F

6.2.4 Grenada Solenoid Valves Market Revenues & Volume, By 4-Way, 2021- 2031F

6.2.5 Grenada Solenoid Valves Market Revenues & Volume, By 5-Way, 2021- 2031F

6.3 Grenada Solenoid Valves Market, By Solenoid Valve

6.3.1 Overview and Analysis

6.3.2 Grenada Solenoid Valves Market Revenues & Volume, By Oil & Gas, 2021- 2031F

6.3.3 Grenada Solenoid Valves Market Revenues & Volume, By Chemical & Petrochemical, 2021- 2031F

6.3.4 Grenada Solenoid Valves Market Revenues & Volume, By Power Generation, 2021- 2031F

6.3.5 Grenada Solenoid Valves Market Revenues & Volume, By Pharmaceutical, 2021- 2031F

6.3.6 Grenada Solenoid Valves Market Revenues & Volume, By Automotive, 2021- 2031F

6.3.7 Grenada Solenoid Valves Market Revenues & Volume, By Medical, 2021- 2031F

7 Grenada Solenoid Valves Market Import-Export Trade Statistics

7.1 Grenada Solenoid Valves Market Export to Major Countries

7.2 Grenada Solenoid Valves Market Imports from Major Countries

8 Grenada Solenoid Valves Market Key Performance Indicators

9 Grenada Solenoid Valves Market - Opportunity Assessment

9.1 Grenada Solenoid Valves Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Solenoid Valves Market Opportunity Assessment, By Solenoid Valve Application, 2021 & 2031F

9.3 Grenada Solenoid Valves Market Opportunity Assessment, By Solenoid Valve, 2021 & 2031F

10 Grenada Solenoid Valves Market - Competitive Landscape

10.1 Grenada Solenoid Valves Market Revenue Share, By Companies, 2024

10.2 Grenada Solenoid Valves Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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.

To discover high-growth global markets and optimize your business strategy:

Click Here
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All
Chat With 6W AI Intelligence