| Product Code: ETC5853882 | 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 continues to rely heavily on imports of sonobuoys, with the USA, Barbados, Guyana, and Saint Vincent and the Grenadines being the top exporters. The market shows a high concentration, as indicated by the high HHI, suggesting limited diversification among suppliers. Despite a strong compound annual growth rate (CAGR) of 6.15% from 2020 to 2024, the negative growth rate of -48.84% from 2023 to 2024 raises concerns about a potential slowdown in the market. Grenada`s import dynamics in the sonobuoy sector warrant close monitoring for future developments.
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 Sonobuoy Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sonobuoy Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sonobuoy Market - Industry Life Cycle |
3.4 Grenada Sonobuoy Market - Porter's Five Forces |
3.5 Grenada Sonobuoy Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Sonobuoy Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Grenada Sonobuoy Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Sonobuoy Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
4 Grenada Sonobuoy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for maritime security solutions |
4.2.2 Technological advancements in sonobuoy systems |
4.2.3 Growing military spending in the region |
4.3 Market Restraints |
4.3.1 High initial investment costs |
4.3.2 Limited awareness about sonobuoy technology |
4.3.3 Regulatory challenges related to maritime surveillance |
5 Grenada Sonobuoy Market Trends |
6 Grenada Sonobuoy Market Segmentations |
6.1 Grenada Sonobuoy Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sonobuoy Market Revenues & Volume, By Bathythermo Buoy,, 2021-2031F |
6.1.3 Grenada Sonobuoy Market Revenues & Volume, By Search & Rescue Buoy, 2021-2031F |
6.1.4 Grenada Sonobuoy Market Revenues & Volume, By Directional Command Activated, 2021-2031F |
6.1.5 Grenada Sonobuoy Market Revenues & Volume, By Data Link Communications, 2021-2031F |
6.1.6 Grenada Sonobuoy Market Revenues & Volume, By Directional Frequency Analysis and Recording, 2021-2031F |
6.1.7 Grenada Sonobuoy Market Revenues & Volume, By Low Frequency Analysis and Recording, 2021-2031F |
6.1.9 Grenada Sonobuoy Market Revenues & Volume, By Air Deployable Active Receiver, 2021-2031F |
6.1.10 Grenada Sonobuoy Market Revenues & Volume, By Air Deployable Active Receiver, 2021-2031F |
6.2 Grenada Sonobuoy Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sonobuoy Market Revenues & Volume, By Active, 2021-2031F |
6.2.3 Grenada Sonobuoy Market Revenues & Volume, By Passive, 2021-2031F |
6.2.4 Grenada Sonobuoy Market Revenues & Volume, By Special Purpose, 2021-2031F |
6.3 Grenada Sonobuoy Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Sonobuoy Market Revenues & Volume, By Defense, 2021-2031F |
6.3.3 Grenada Sonobuoy Market Revenues & Volume, By Commercial, 2021-2031F |
6.4 Grenada Sonobuoy Market, By Deployment |
6.4.1 Overview and Analysis |
6.4.2 Grenada Sonobuoy Market Revenues & Volume, By Spring, 2021-2031F |
6.4.3 Grenada Sonobuoy Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.4.4 Grenada Sonobuoy Market Revenues & Volume, By Free-fall, 2021-2031F |
6.4.5 Grenada Sonobuoy Market Revenues & Volume, By Cartridge, 2021-2031F |
7 Grenada Sonobuoy Market Import-Export Trade Statistics |
7.1 Grenada Sonobuoy Market Export to Major Countries |
7.2 Grenada Sonobuoy Market Imports from Major Countries |
8 Grenada Sonobuoy Market Key Performance Indicators |
8.1 Research and development investment in sonobuoy technology |
8.2 Adoption rate of sonobuoy systems by defense organizations |
8.3 Number of strategic partnerships for sonobuoy development |
8.4 Rate of integration of sonobuoys in maritime security operations |
9 Grenada Sonobuoy Market - Opportunity Assessment |
9.1 Grenada Sonobuoy Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Sonobuoy Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Grenada Sonobuoy Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Sonobuoy Market Opportunity Assessment, By Deployment, 2021 & 2031F |
10 Grenada Sonobuoy Market - Competitive Landscape |
10.1 Grenada Sonobuoy Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sonobuoy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |