| Product Code: ETC5080240 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import of vacuum pumps in 2024 continued to be dominated by key players including China, USA, Trinidad and Tobago, UAE, and UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with these top exporting countries holding significant market share. The impressive Compound Annual Growth Rate (CAGR) of 36.94% from 2020 to 2024 reflects a rapidly expanding market for vacuum pumps in Grenada. Additionally, the remarkable growth rate of 159.17% from 2023 to 2024 highlights the increasing demand and significance of this product category in the country.
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 Vacuum Pumps Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vacuum Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vacuum Pumps Market - Industry Life Cycle |
3.4 Grenada Vacuum Pumps Market - Porter's Five Forces |
3.5 Grenada Vacuum Pumps Market Revenues & Volume Share, By Lubrication, 2021 & 2031F |
3.6 Grenada Vacuum Pumps Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Vacuum Pumps Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Grenada Vacuum Pumps Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Grenada Vacuum Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.2 Growing awareness about energy-efficient vacuum pump technologies |
4.2.3 Expansion of manufacturing and processing industries in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment cost for purchasing and installing vacuum pumps |
4.3.2 Lack of skilled workforce for operating and maintaining vacuum pump systems in Grenada |
5 Grenada Vacuum Pumps Market Trends |
6 Grenada Vacuum Pumps Market Segmentations |
6.1 Grenada Vacuum Pumps Market, By Lubrication |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vacuum Pumps Market Revenues & Volume, By Dry, 2021-2031F |
6.1.3 Grenada Vacuum Pumps Market Revenues & Volume, By Wet, 2021-2031F |
6.2 Grenada Vacuum Pumps Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vacuum Pumps Market Revenues & Volume, By Gas Capture/Binding Pumps, 2021-2031F |
6.2.3 Grenada Vacuum Pumps Market Revenues & Volume, By Gas Transfer Pumps, 2021-2031F |
6.3 Grenada Vacuum Pumps Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Vacuum Pumps Market Revenues & Volume, By Low vacuum pumps, 2021-2031F |
6.3.3 Grenada Vacuum Pumps Market Revenues & Volume, By Medium vacuum pumps, 2021-2031F |
6.3.4 Grenada Vacuum Pumps Market Revenues & Volume, By High vacuum pumps, 2021-2031F |
6.4 Grenada Vacuum Pumps Market, By End-Users |
6.4.1 Overview and Analysis |
6.4.2 Grenada Vacuum Pumps Market Revenues & Volume, By Chemical & pharmaceutical, 2021-2031F |
6.4.3 Grenada Vacuum Pumps Market Revenues & Volume, By Semiconductor & electronics, 2021-2031F |
6.4.4 Grenada Vacuum Pumps Market Revenues & Volume, By Oil & gas, 2021-2031F |
6.4.5 Grenada Vacuum Pumps Market Revenues & Volume, By Food & beverages, 2021-2031F |
6.4.6 Grenada Vacuum Pumps Market Revenues & Volume, By Wood, paper & pulp, 2021-2031F |
6.4.7 Grenada Vacuum Pumps Market Revenues & Volume, By Other, 2021-2031F |
7 Grenada Vacuum Pumps Market Import-Export Trade Statistics |
7.1 Grenada Vacuum Pumps Market Export to Major Countries |
7.2 Grenada Vacuum Pumps Market Imports from Major Countries |
8 Grenada Vacuum Pumps Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of vacuum pump technologies in Grenada |
8.2 Adoption rate of advanced vacuum pump technologies in key industries |
8.3 Maintenance and service contract renewal rate for vacuum pump systems |
9 Grenada Vacuum Pumps Market - Opportunity Assessment |
9.1 Grenada Vacuum Pumps Market Opportunity Assessment, By Lubrication, 2021 & 2031F |
9.2 Grenada Vacuum Pumps Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Vacuum Pumps Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Grenada Vacuum Pumps Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Grenada Vacuum Pumps Market - Competitive Landscape |
10.1 Grenada Vacuum Pumps Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vacuum Pumps 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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