| Product Code: ETC11239654 | 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 |
In 2024, Grenada continued to heavily rely on imports of uncooled infrared imaging technology, with top suppliers including Metropolitan France, USA, China, Panama, and Barbados. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained notably high throughout the year. However, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -33.65% from 2020 to 2024. Furthermore, the growth rate plummeted even further in 2024 with a staggering -73.25% decrease compared to the previous year, indicating a challenging period 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 Uncooled Infrared Imaging Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Uncooled Infrared Imaging Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Uncooled Infrared Imaging Market - Industry Life Cycle |
3.4 Grenada Uncooled Infrared Imaging Market - Porter's Five Forces |
3.5 Grenada Uncooled Infrared Imaging Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Uncooled Infrared Imaging Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Uncooled Infrared Imaging Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Grenada Uncooled Infrared Imaging Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Grenada Uncooled Infrared Imaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Uncooled Infrared Imaging Market Trends |
6 Grenada Uncooled Infrared Imaging Market, By Types |
6.1 Grenada Uncooled Infrared Imaging Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Microbolometer, 2021 - 2031F |
6.1.4 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Pyroelectric, 2021 - 2031F |
6.1.5 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Thermopile, 2021 - 2031F |
6.1.6 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Ferroelectric, 2021 - 2031F |
6.2 Grenada Uncooled Infrared Imaging Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Security and Surveillance, 2021 - 2031F |
6.2.3 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.4 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.2.5 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3 Grenada Uncooled Infrared Imaging Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Military and Defense, 2021 - 2031F |
6.3.3 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.4 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.5 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.4 Grenada Uncooled Infrared Imaging Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Lenses, 2021 - 2031F |
6.4.3 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Detectors, 2021 - 2031F |
6.4.4 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Sensors, 2021 - 2031F |
6.4.5 Grenada Uncooled Infrared Imaging Market Revenues & Volume, By Processors, 2021 - 2031F |
7 Grenada Uncooled Infrared Imaging Market Import-Export Trade Statistics |
7.1 Grenada Uncooled Infrared Imaging Market Export to Major Countries |
7.2 Grenada Uncooled Infrared Imaging Market Imports from Major Countries |
8 Grenada Uncooled Infrared Imaging Market Key Performance Indicators |
9 Grenada Uncooled Infrared Imaging Market - Opportunity Assessment |
9.1 Grenada Uncooled Infrared Imaging Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Uncooled Infrared Imaging Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Uncooled Infrared Imaging Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Grenada Uncooled Infrared Imaging Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Grenada Uncooled Infrared Imaging Market - Competitive Landscape |
10.1 Grenada Uncooled Infrared Imaging Market Revenue Share, By Companies, 2024 |
10.2 Grenada Uncooled Infrared Imaging 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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