| Product Code: ETC7383262 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada experienced a significant increase in vehicle powertrain import shipments, with top exporters including the USA, Trinidad and Tobago, UK, Jamaica, and Guyana. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) from 2020 to 2024 of 65.38% indicates a strong upward trend in the industry. Moreover, the remarkable growth rate from 2023 to 2024 stood at 1045.6%, showcasing a rapid acceleration in import activity. Grenada`s vehicle powertrain import market is evidently on a robust growth trajectory.
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 Vehicle Powertrain Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vehicle Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vehicle Powertrain Market - Industry Life Cycle |
3.4 Grenada Vehicle Powertrain Market - Porter's Five Forces |
3.5 Grenada Vehicle Powertrain Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.6 Grenada Vehicle Powertrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Grenada Vehicle Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Grenada |
4.2.2 Growing emphasis on reducing emissions and environmental impact |
4.2.3 Technological advancements in powertrain systems |
4.3 Market Restraints |
4.3.1 High initial investment required for adopting advanced powertrain technologies |
4.3.2 Limited availability of skilled workforce for maintaining and repairing advanced powertrain systems |
5 Grenada Vehicle Powertrain Market Trends |
6 Grenada Vehicle Powertrain Market, By Types |
6.1 Grenada Vehicle Powertrain Market, By Propulsion Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vehicle Powertrain Market Revenues & Volume, By Propulsion Type, 2021- 2031F |
6.1.3 Grenada Vehicle Powertrain Market Revenues & Volume, By ICE, 2021- 2031F |
6.1.4 Grenada Vehicle Powertrain Market Revenues & Volume, By Electric Vehicle, 2021- 2031F |
6.2 Grenada Vehicle Powertrain Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vehicle Powertrain Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 Grenada Vehicle Powertrain Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
7 Grenada Vehicle Powertrain Market Import-Export Trade Statistics |
7.1 Grenada Vehicle Powertrain Market Export to Major Countries |
7.2 Grenada Vehicle Powertrain Market Imports from Major Countries |
8 Grenada Vehicle Powertrain Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles in Grenada |
8.2 Adoption rate of hybrid and electric vehicles in the market |
8.3 Investment in research and development of powertrain technologies |
8.4 Number of accredited training programs for powertrain maintenance and repair in Grenada |
8.5 Percentage of vehicles meeting emission standards in Grenada |
9 Grenada Vehicle Powertrain Market - Opportunity Assessment |
9.1 Grenada Vehicle Powertrain Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.2 Grenada Vehicle Powertrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Grenada Vehicle Powertrain Market - Competitive Landscape |
10.1 Grenada Vehicle Powertrain Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vehicle Powertrain 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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