| Product Code: ETC7382947 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import shipments of ultrasonic non-destructive testing (NDT) equipment in 2024 continued to be dominated by top exporting countries such as Trinidad and Tobago, USA, China, Canada, and Panama. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry saw a healthy compound annual growth rate (CAGR) of 8.57% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024 at -10.38%, suggesting a potential slowdown in the market. Monitoring shifts in import trends and market dynamics will be crucial for stakeholders in the NDT equipment industry.
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 Ultrasonic Non-Destructive Testing (NDT) Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market - Industry Life Cycle |
3.4 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market - Porter's Five Forces |
3.5 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of non-destructive testing (NDT) techniques for ensuring safety and quality in various industries |
4.2.2 Growing demand for ultrasonic testing equipment due to its accuracy and efficiency |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing ultrasonic NDT equipment |
4.3.2 Lack of skilled professionals proficient in operating and interpreting results from ultrasonic testing equipment |
5 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Trends |
6 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market, By Types |
6.1 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Longitudinal Wave, 2021- 2031F |
6.1.4 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Shear Wave, 2021- 2031F |
6.1.5 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Surface Wave, 2021- 2031F |
6.1.6 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Board Wave, 2021- 2031F |
6.2 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.3 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Construction Sector, 2021- 2031F |
6.2.4 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Import-Export Trade Statistics |
7.1 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Export to Major Countries |
7.2 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Imports from Major Countries |
8 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Key Performance Indicators |
8.1 Percentage growth in the number of NDT certifications obtained by professionals in Grenada |
8.2 Increase in the adoption rate of advanced ultrasonic NDT technologies in key industries in Grenada |
8.3 Average turnaround time for conducting ultrasonic testing on critical assets in Grenada |
9 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market - Opportunity Assessment |
9.1 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market - Competitive Landscape |
10.1 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ultrasonic Non-Destructive Testing (NDT) Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |