| Product Code: ETC11235046 | 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`s import shipments of ultrasonic position sensors in 2024 were primarily sourced from top exporters such as the USA, Trinidad and Tobago, Malta, Italy, and Germany. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating significant dominance by key players. The impressive compound annual growth rate (CAGR) of 25.3% from 2020 to 2024 reflects a robust upward trend in demand for these sensors. Moreover, the growth rate of 21.55% from 2023 to 2024 suggests sustained momentum in the market, highlighting a positive outlook for the industry 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 Ultrasonic Position Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ultrasonic Position Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ultrasonic Position Sensor Market - Industry Life Cycle |
3.4 Grenada Ultrasonic Position Sensor Market - Porter's Five Forces |
3.5 Grenada Ultrasonic Position Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Ultrasonic Position Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Ultrasonic Position Sensor Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Grenada Ultrasonic Position Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Ultrasonic Position Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Ultrasonic Position Sensor Market Trends |
6 Grenada Ultrasonic Position Sensor Market, By Types |
6.1 Grenada Ultrasonic Position Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Proximity Sensors, 2021 - 2031F |
6.1.4 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Distance Sensors, 2021 - 2031F |
6.1.5 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By 2D Sensors, 2021 - 2031F |
6.1.6 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By 3D Sensors, 2021 - 2031F |
6.1.7 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Ultrasonic Position Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Object Detection, 2021 - 2031F |
6.2.3 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Level Sensing, 2021 - 2031F |
6.2.4 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Robotics, 2021 - 2031F |
6.2.5 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Smart Devices, 2021 - 2031F |
6.2.6 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Gesture Recognition, 2021 - 2031F |
6.3 Grenada Ultrasonic Position Sensor Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.3.3 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.5 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.3.6 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.4 Grenada Ultrasonic Position Sensor Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Echo Pulse, 2021 - 2031F |
6.4.3 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Time-of-Flight, 2021 - 2031F |
6.4.4 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Multi-Frequency, 2021 - 2031F |
6.4.5 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By Phased Array, 2021 - 2031F |
6.4.6 Grenada Ultrasonic Position Sensor Market Revenues & Volume, By AI-Integrated Sensors, 2021 - 2031F |
7 Grenada Ultrasonic Position Sensor Market Import-Export Trade Statistics |
7.1 Grenada Ultrasonic Position Sensor Market Export to Major Countries |
7.2 Grenada Ultrasonic Position Sensor Market Imports from Major Countries |
8 Grenada Ultrasonic Position Sensor Market Key Performance Indicators |
9 Grenada Ultrasonic Position Sensor Market - Opportunity Assessment |
9.1 Grenada Ultrasonic Position Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Ultrasonic Position Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Ultrasonic Position Sensor Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Grenada Ultrasonic Position Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Ultrasonic Position Sensor Market - Competitive Landscape |
10.1 Grenada Ultrasonic Position Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ultrasonic Position Sensor 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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