Grenada Target drones Market (2025-2031) | Value, Segmentation, Forecast, Outlook, Revenue, Industry, Trends, Size, Companies, Share, Growth & Analysis

Name: Grenada Target drones Market (2025-2031) | Companies & Size
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Target drones Market, Grenada Target drones Market, Grenada Target drones Market Revenues, Grenada Target drones Market Share, Grenada Target drones Market Size, Grenada Target drones Market Outlook, Grenada Target drones Market Report, Grenada Target drones Market Competition, Grenada Target drones Market Overview, Grenada Target drones Market Trends, Grenada Target drones Market Forecast

Market Forecast By End-Use Sector (Defense, Commercial), By Build (New Build, Converted), By Engine Type (IC, Jet, Others), By End Use (Aerial Targets, Ground Targets, Marine Targets), By Target Type (Full-Scale, Sub-Scale, Free-Flying, Towing, Sporting), By Application (Combat Training, Target & Decoy, Reconnaissance, Target Identification, Target Acquisition), By Mode Of Operation (Autonomous, Remotely Piloted, Optionally Piloted), By Payload Capacity (High (>40 Kg), Medium (20 Kg to 40 Kg), Low (<20 Kg)) And Competitive Landscape

Product Code: ETC5861995	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 Target Drones Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s import shipments of target drones show a significant reliance on key exporters like the USA, Puerto Rico, and New Caledonia in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 40.63% from 2020 to 2024 highlights a rapidly expanding sector. The growth rate of 11.35% from 2023 to 2024 suggests continued momentum in the market for target drones in Grenada. These statistics underscore the importance and potential of this industry for both domestic and international stakeholders.

Key Highlights of the Report:

Grenada Target drones Market Outlook
Market Size of Grenada Target drones Market, 2024
Forecast of Grenada Target drones Market, 2031
Historical Data and Forecast of Grenada Target drones Revenues & Volume for the Period 2021-2031
Grenada Target drones Market Trend Evolution
Grenada Target drones Market Drivers and Challenges
Grenada Target drones Price Trends
Grenada Target drones Porter`s Five Forces
Grenada Target drones Industry Life Cycle
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By End-Use Sector for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Defense for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Commercial for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Build for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By New Build for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Converted for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Engine Type for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By IC for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Jet for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By End Use for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Aerial Targets for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Ground Targets for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Marine Targets for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Target Type for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Full-Scale for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Sub-Scale for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Free-Flying for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Towing for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Sporting for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Combat Training for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Target & Decoy for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Reconnaissance for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Target Identification for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Target Acquisition for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Mode Of Operation for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Autonomous for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Remotely Piloted for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Optionally Piloted for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Payload Capacity for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By High (>40 Kg) for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Medium (20 Kg to 40 Kg) for the Period 2021-2031
Historical Data and Forecast of Grenada Target drones Market Revenues & Volume By Low (<20 Kg) for the Period 2021-2031
Grenada Target drones Import Export Trade Statistics
Market Opportunity Assessment By End-Use Sector
Market Opportunity Assessment By Build
Market Opportunity Assessment By Engine Type
Market Opportunity Assessment By End Use
Market Opportunity Assessment By Target Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Mode Of Operation
Market Opportunity Assessment By Payload Capacity
Grenada Target drones Top Companies Market Share
Grenada Target drones Competitive Benchmarking By Technical and Operational Parameters
Grenada Target drones Company Profiles
Grenada Target drones Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 drones Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Target drones Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Target drones Market - Industry Life Cycle

3.4 Grenada Target drones Market - Porter's Five Forces

3.5 Grenada Target drones Market Revenues & Volume Share, By End-Use Sector, 2021 & 2031F

3.6 Grenada Target drones Market Revenues & Volume Share, By Build, 2021 & 2031F

3.7 Grenada Target drones Market Revenues & Volume Share, By Engine Type, 2021 & 2031F

3.8 Grenada Target drones Market Revenues & Volume Share, By End Use, 2021 & 2031F

3.9 Grenada Target drones Market Revenues & Volume Share, By Target Type, 2021 & 2031F

3.10 Grenada Target drones Market Revenues & Volume Share, By Application, 2021 & 2031F

3.11 Grenada Target drones Market Revenues & Volume Share, By Mode Of Operation, 2021 & 2031F

4 Grenada Target drones Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for advanced military training solutions

4.2.2 Growing focus on enhancing combat readiness and effectiveness

4.2.3 Rise in investments in defense modernization programs

4.3 Market Restraints

4.3.1 High initial investment costs for target drone procurement

4.3.2 Stringent regulatory requirements for drone operations

4.3.3 Limited availability of skilled personnel for drone maintenance and operation

5 Grenada Target drones Market Trends

6 Grenada Target drones Market Segmentations

6.1 Grenada Target drones Market, By End-Use Sector

6.1.1 Overview and Analysis

6.1.2 Grenada Target drones Market Revenues & Volume, By Defense, 2021-2031F

6.1.3 Grenada Target drones Market Revenues & Volume, By Commercial, 2021-2031F

6.2 Grenada Target drones Market, By Build

6.2.1 Overview and Analysis

6.2.2 Grenada Target drones Market Revenues & Volume, By New Build, 2021-2031F

6.2.3 Grenada Target drones Market Revenues & Volume, By Converted, 2021-2031F

6.3 Grenada Target drones Market, By Engine Type

6.3.1 Overview and Analysis

6.3.2 Grenada Target drones Market Revenues & Volume, By IC, 2021-2031F

6.3.3 Grenada Target drones Market Revenues & Volume, By Jet, 2021-2031F

6.3.4 Grenada Target drones Market Revenues & Volume, By Others, 2021-2031F

6.4 Grenada Target drones Market, By End Use

6.4.1 Overview and Analysis

6.4.2 Grenada Target drones Market Revenues & Volume, By Aerial Targets, 2021-2031F

6.4.3 Grenada Target drones Market Revenues & Volume, By Ground Targets, 2021-2031F

6.4.4 Grenada Target drones Market Revenues & Volume, By Marine Targets, 2021-2031F

6.5 Grenada Target drones Market, By Target Type

6.5.1 Overview and Analysis

6.5.2 Grenada Target drones Market Revenues & Volume, By Full-Scale, 2021-2031F

6.5.3 Grenada Target drones Market Revenues & Volume, By Sub-Scale, 2021-2031F

6.5.4 Grenada Target drones Market Revenues & Volume, By Free-Flying, 2021-2031F

6.5.5 Grenada Target drones Market Revenues & Volume, By Towing, 2021-2031F

6.5.6 Grenada Target drones Market Revenues & Volume, By Sporting, 2021-2031F

6.6 Grenada Target drones Market, By Application

6.6.1 Overview and Analysis

6.6.2 Grenada Target drones Market Revenues & Volume, By Combat Training, 2021-2031F

6.6.3 Grenada Target drones Market Revenues & Volume, By Target & Decoy, 2021-2031F

6.6.4 Grenada Target drones Market Revenues & Volume, By Reconnaissance, 2021-2031F

6.6.5 Grenada Target drones Market Revenues & Volume, By Target Identification, 2021-2031F

6.6.6 Grenada Target drones Market Revenues & Volume, By Target Acquisition, 2021-2031F

6.7 Grenada Target drones Market, By Mode Of Operation

6.7.1 Overview and Analysis

6.7.2 Grenada Target drones Market Revenues & Volume, By Autonomous, 2021-2031F

6.7.3 Grenada Target drones Market Revenues & Volume, By Remotely Piloted, 2021-2031F

6.7.4 Grenada Target drones Market Revenues & Volume, By , 2021-2031F

6.8 Grenada Target drones Market, By Payload Capacity

6.8.1 Overview and Analysis

6.8.2 Grenada Target drones Market Revenues & Volume, By High (>40 Kg), 2021-2031F

6.8.3 Grenada Target drones Market Revenues & Volume, By Medium (20 Kg to 40 Kg), 2021-2031F

6.8.4 Grenada Target drones Market Revenues & Volume, By , 2021-2031F

7 Grenada Target drones Market Import-Export Trade Statistics

7.1 Grenada Target drones Market Export to Major Countries

7.2 Grenada Target drones Market Imports from Major Countries

8 Grenada Target drones Market Key Performance Indicators

8.1 Average flight time per target drone

8.2 Number of successful target hits during training exercises

8.3 Rate of adoption of autonomous target drones

8.4 Percentage of budget allocated to target drone programs

8.5 Efficiency of target drone maintenance and repair processes

9 Grenada Target drones Market - Opportunity Assessment

9.1 Grenada Target drones Market Opportunity Assessment, By End-Use Sector, 2021 & 2031F

9.2 Grenada Target drones Market Opportunity Assessment, By Build, 2021 & 2031F

9.3 Grenada Target drones Market Opportunity Assessment, By Engine Type, 2021 & 2031F

9.4 Grenada Target drones Market Opportunity Assessment, By End Use, 2021 & 2031F

9.5 Grenada Target drones Market Opportunity Assessment, By Target Type, 2021 & 2031F

9.6 Grenada Target drones Market Opportunity Assessment, By Application, 2021 & 2031F

9.7 Grenada Target drones Market Opportunity Assessment, By Mode Of Operation, 2021 & 2031F

9.7 Grenada Target drones Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F

10 Grenada Target drones Market - Competitive Landscape

10.1 Grenada Target drones Market Revenue Share, By Companies, 2024

10.2 Grenada Target drones Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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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