Grenada Sports Electronics Market (2025-2031) | Industry, Growth, Supply, Strategy, Forecast, Competition, Trends, Revenue, Drivers, Restraints, Demand, Strategic Insights, Segmentation, Value, Outlook, Consumer Insights, Competitive, Share, Opportunities, Size, Challenges, Segments, Analysis, Pricing Analysis, Investment Trends, Companies
Market Forecast By Type (Wearable Devices, Smart Glasses, Smart Helmets, Sensors), By Connectivity (Bluetooth, Wi Fi, 5G, NFC), By Application (Fitness Tracking, Performance Monitoring, Safety & Navigation, Biometric Analysis), By End User (Individuals, Athletes, Teams, Trainers) And Competitive Landscape
| Product Code: ETC10333990 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada Sports Electronics Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Grenada`s sports electronics import market continued to thrive in 2024, with top exporting countries including the USA, Jamaica, Saint Lucia, Barbados, and Sweden. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 13.86% from 2020 to 2024 demonstrates sustained expansion. Notably, the growth rate spiked to 19.8% from 2023 to 2024, reflecting a surge in demand for sports electronics in Grenada. This data suggests a promising outlook for the sports electronics industry in the country.
Key Highlights of the Report:
- Grenada Sports Electronics Market Outlook
- Market Size of Grenada Sports Electronics Market,2024
- Forecast of Grenada Sports Electronics Market, 2031
- Historical Data and Forecast of Grenada Sports Electronics Revenues & Volume for the Period 2021-2031
- Grenada Sports Electronics Market Trend Evolution
- Grenada Sports Electronics Market Drivers and Challenges
- Grenada Sports Electronics Price Trends
- Grenada Sports Electronics Porter's Five Forces
- Grenada Sports Electronics Industry Life Cycle
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Wearable Devices for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Smart Glasses for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Smart Helmets for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Sensors for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Connectivity for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Bluetooth for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Wi Fi for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By 5G for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By NFC for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Fitness Tracking for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Performance Monitoring for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Safety & Navigation for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Biometric Analysis for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By End User for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Individuals for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Athletes for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Teams for the Period 2021-2031
- Historical Data and Forecast of Grenada Sports Electronics Market Revenues & Volume By Trainers for the Period 2021-2031
- Grenada Sports Electronics Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Connectivity
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By End User
- Grenada Sports Electronics Top Companies Market Share
- Grenada Sports Electronics Competitive Benchmarking By Technical and Operational Parameters
- Grenada Sports Electronics Company Profiles
- Grenada Sports Electronics Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Grenada Sports Electronics 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 Sports Electronics 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 Sports Electronics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sports Electronics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sports Electronics Market - Industry Life Cycle |
3.4 Grenada Sports Electronics Market - Porter's Five Forces |
3.5 Grenada Sports Electronics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Sports Electronics Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Grenada Sports Electronics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Sports Electronics Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Sports Electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of wearable sports technology among athletes and fitness enthusiasts |
4.2.2 Growing trend of smart sports equipment integrating technology for performance tracking and analysis |
4.2.3 Rising health and fitness consciousness leading to higher demand for sports electronics |
4.3 Market Restraints |
4.3.1 High initial cost of sports electronics devices may limit adoption among budget-conscious consumers |
4.3.2 Limited awareness and understanding of the benefits of sports electronics among the general population |
5 Grenada Sports Electronics Market Trends |
6 Grenada Sports Electronics Market, By Types |
6.1 Grenada Sports Electronics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sports Electronics Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Sports Electronics Market Revenues & Volume, By Wearable Devices, 2021 - 2031F |
6.1.4 Grenada Sports Electronics Market Revenues & Volume, By Smart Glasses, 2021 - 2031F |
6.1.5 Grenada Sports Electronics Market Revenues & Volume, By Smart Helmets, 2021 - 2031F |
6.1.6 Grenada Sports Electronics Market Revenues & Volume, By Sensors, 2021 - 2031F |
6.2 Grenada Sports Electronics Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sports Electronics Market Revenues & Volume, By Bluetooth, 2021 - 2031F |
6.2.3 Grenada Sports Electronics Market Revenues & Volume, By Wi Fi, 2021 - 2031F |
6.2.4 Grenada Sports Electronics Market Revenues & Volume, By 5G, 2021 - 2031F |
6.2.5 Grenada Sports Electronics Market Revenues & Volume, By NFC, 2021 - 2031F |
6.3 Grenada Sports Electronics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Sports Electronics Market Revenues & Volume, By Fitness Tracking, 2021 - 2031F |
6.3.3 Grenada Sports Electronics Market Revenues & Volume, By Performance Monitoring, 2021 - 2031F |
6.3.4 Grenada Sports Electronics Market Revenues & Volume, By Safety & Navigation, 2021 - 2031F |
6.3.5 Grenada Sports Electronics Market Revenues & Volume, By Biometric Analysis, 2021 - 2031F |
6.4 Grenada Sports Electronics Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Sports Electronics Market Revenues & Volume, By Individuals, 2021 - 2031F |
6.4.3 Grenada Sports Electronics Market Revenues & Volume, By Athletes, 2021 - 2031F |
6.4.4 Grenada Sports Electronics Market Revenues & Volume, By Teams, 2021 - 2031F |
6.4.5 Grenada Sports Electronics Market Revenues & Volume, By Trainers, 2021 - 2031F |
7 Grenada Sports Electronics Market Import-Export Trade Statistics |
7.1 Grenada Sports Electronics Market Export to Major Countries |
7.2 Grenada Sports Electronics Market Imports from Major Countries |
8 Grenada Sports Electronics Market Key Performance Indicators |
8.1 Percentage increase in the number of sports electronics retailers in Grenada |
8.2 Growth in the number of sports events and competitions incorporating technology-based performance monitoring |
8.3 Percentage of athletes and fitness enthusiasts using sports electronics for training and performance enhancement |
9 Grenada Sports Electronics Market - Opportunity Assessment |
9.1 Grenada Sports Electronics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Sports Electronics Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Grenada Sports Electronics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Sports Electronics Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Sports Electronics Market - Competitive Landscape |
10.1 Grenada Sports Electronics Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sports Electronics 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.
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