| Product Code: ETC5566868 | 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`s timing devices import market shows a notable shift in top exporting countries, with the USA, Saint Lucia, Turkey, Panama, and Curaçao leading the pack. Despite a high concentration level, the HHI increased further in 2024, suggesting a market dominated by a few key players. The CAGR from 2020 to 2024 reflects steady growth at 6.98%, although there was a significant decline in the growth rate from 2023 to 2024 at -52.88%. These dynamics indicate a potentially challenging landscape for importers and highlight the need for strategic planning in the timing devices sector in Grenada.
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 Timing Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Timing Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Timing Devices Market - Industry Life Cycle |
3.4 Grenada Timing Devices Market - Porter's Five Forces |
3.5 Grenada Timing Devices Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Grenada Timing Devices Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Timing Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Timing Devices Market Revenues & Volume Share, By , 2021 & 2031F |
4 Grenada Timing Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision timing devices in industries such as aerospace, defense, and telecommunications. |
4.2.2 Technological advancements leading to the development of more accurate and reliable timing devices. |
4.2.3 Growing emphasis on synchronization and time-keeping accuracy in critical applications. |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing advanced timing devices. |
4.3.2 Limited awareness about the benefits of using precision timing devices in certain industries. |
4.3.3 Competition from alternative timing solutions and technologies. |
5 Grenada Timing Devices Market Trends |
6 Grenada Timing Devices Market Segmentations |
6.1 Grenada Timing Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Timing Devices Market Revenues & Volume, By Oscillators, 2021-2031F |
6.1.3 Grenada Timing Devices Market Revenues & Volume, By Resonators, 2021-2031F |
6.1.4 Grenada Timing Devices Market Revenues & Volume, By Clock Generators, 2021-2031F |
6.1.5 Grenada Timing Devices Market Revenues & Volume, By Clock Buffers, 2021-2031F |
6.1.6 Grenada Timing Devices Market Revenues & Volume, By Jitter Attenuators, 2021-2031F |
6.2 Grenada Timing Devices Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Timing Devices Market Revenues & Volume, By Crystal, 2021-2031F |
6.2.3 Grenada Timing Devices Market Revenues & Volume, By Ceramic, 2021-2031F |
6.2.4 Grenada Timing Devices Market Revenues & Volume, By Silicon, 2021-2031F |
6.3 Grenada Timing Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Timing Devices Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.3 Grenada Timing Devices Market Revenues & Volume, By Telecommunications and Networking, 2021-2031F |
6.3.4 Grenada Timing Devices Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Grenada Timing Devices Market Revenues & Volume, By Military and Defense, 2021-2031F |
6.3.6 Grenada Timing Devices Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Grenada Timing Devices Market Revenues & Volume, By Medical and Healthcare, 2021-2031F |
6.5 Grenada Timing Devices Market, By |
6.5.1 Overview and Analysis |
7 Grenada Timing Devices Market Import-Export Trade Statistics |
7.1 Grenada Timing Devices Market Export to Major Countries |
7.2 Grenada Timing Devices Market Imports from Major Countries |
8 Grenada Timing Devices Market Key Performance Indicators |
8.1 Average time deviation of timing devices from the reference time. |
8.2 Number of industries adopting precision timing devices for critical operations. |
8.3 Rate of adoption of new timing technologies in the market. |
8.4 Customer satisfaction and feedback on the accuracy and reliability of timing devices. |
8.5 Number of research and development investments in the field of precision timing devices. |
9 Grenada Timing Devices Market - Opportunity Assessment |
9.1 Grenada Timing Devices Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Grenada Timing Devices Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Timing Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Timing Devices Market Opportunity Assessment, By , 2021 & 2031F |
10 Grenada Timing Devices Market - Competitive Landscape |
10.1 Grenada Timing Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Timing Devices 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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