| Product Code: ETC5845636 | 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 |
Grenada`s import of target acquisition systems in 2024 primarily came from key exporting countries including the USA, Panama, UK, Germany, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the growth rate in 2024 surged significantly by 383.91%. This suggests a recent uptick in demand or strategic shifts in procurement. Grenada`s reliance on these top exporting countries highlights the importance of monitoring global trends and maintaining strong trade partnerships in the defense technology sector.
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 Target Acquisition Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Target Acquisition Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Target Acquisition Systems Market - Industry Life Cycle |
3.4 Grenada Target Acquisition Systems Market - Porter's Five Forces |
3.5 Grenada Target Acquisition Systems Market Revenues & Volume Share, By Subsystem, 2021 & 2031F |
3.6 Grenada Target Acquisition Systems Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.7 Grenada Target Acquisition Systems Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Grenada Target Acquisition Systems Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 Grenada Target Acquisition Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budgets in Grenada |
4.2.2 Growing focus on modernizing military equipment |
4.2.3 Rising geopolitical tensions in the region |
4.3 Market Restraints |
4.3.1 Budget constraints affecting procurement decisions |
4.3.2 Technological challenges in integrating advanced target acquisition systems |
5 Grenada Target Acquisition Systems Market Trends |
6 Grenada Target Acquisition Systems Market Segmentations |
6.1 Grenada Target Acquisition Systems Market, By Subsystem |
6.1.1 Overview and Analysis |
6.1.2 Grenada Target Acquisition Systems Market Revenues & Volume, By Cameras, 2021-2031F |
6.1.3 Grenada Target Acquisition Systems Market Revenues & Volume, By Scopes & Sights, 2021-2031F |
6.1.4 Grenada Target Acquisition Systems Market Revenues & Volume, By Detecting & Locating Systems, 2021-2031F |
6.1.5 Grenada Target Acquisition Systems Market Revenues & Volume, By Modules, 2021-2031F |
6.2 Grenada Target Acquisition Systems Market, By Platform |
6.2.1 Overview and Analysis |
6.2.2 Grenada Target Acquisition Systems Market Revenues & Volume, By Land, 2021-2031F |
6.2.3 Grenada Target Acquisition Systems Market Revenues & Volume, By Airborne, 2021-2031F |
6.2.4 Grenada Target Acquisition Systems Market Revenues & Volume, By Naval, 2021-2031F |
6.3 Grenada Target Acquisition Systems Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Target Acquisition Systems Market Revenues & Volume, By Military, 2021-2031F |
6.3.3 Grenada Target Acquisition Systems Market Revenues & Volume, By Homeland Security, 2021-2031F |
6.4 Grenada Target Acquisition Systems Market, By Range |
6.4.1 Overview and Analysis |
6.4.2 Grenada Target Acquisition Systems Market Revenues & Volume, By Short Range (0? ??8 km), 2021-2031F |
6.4.3 Grenada Target Acquisition Systems Market Revenues & Volume, By Medium Range (8? ??250 km), 2021-2031F |
6.4.4 Grenada Target Acquisition Systems Market Revenues & Volume, By Long Range (Above 250 km), 2021-2031F |
7 Grenada Target Acquisition Systems Market Import-Export Trade Statistics |
7.1 Grenada Target Acquisition Systems Market Export to Major Countries |
7.2 Grenada Target Acquisition Systems Market Imports from Major Countries |
8 Grenada Target Acquisition Systems Market Key Performance Indicators |
8.2 Number of new contracts signed for target acquisition systems |
8.3 Adoption rate of target acquisition systems by Grenadian military personnel |
9 Grenada Target Acquisition Systems Market - Opportunity Assessment |
9.1 Grenada Target Acquisition Systems Market Opportunity Assessment, By Subsystem, 2021 & 2031F |
9.2 Grenada Target Acquisition Systems Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.3 Grenada Target Acquisition Systems Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Grenada Target Acquisition Systems Market Opportunity Assessment, By Range, 2021 & 2031F |
10 Grenada Target Acquisition Systems Market - Competitive Landscape |
10.1 Grenada Target Acquisition Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Target Acquisition Systems 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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