| Product Code: ETC11259238 | 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 welding controllers import market in 2024 continues to be dominated by shipments from the USA, Trinidad and Tobago, Lebanon, UK, and Panama. Despite a negative CAGR of -0.11% from 2020 to 2024, the market experienced a significant decline in growth rate of -66.48% from 2023 to 2024. The High Herfindahl-Hirschman Index (HHI) indicates a very high level of market concentration, highlighting the competitive landscape. Grenada`s reliance on key exporting countries for welding controllers underscores the importance of monitoring market dynamics and trends for strategic decision-making.
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 Welding Controllers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Welding Controllers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Welding Controllers Market - Industry Life Cycle |
3.4 Grenada Welding Controllers Market - Porter's Five Forces |
3.5 Grenada Welding Controllers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Welding Controllers Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Welding Controllers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Welding Controllers Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Welding Controllers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Welding Controllers Market Trends |
6 Grenada Welding Controllers Market, By Types |
6.1 Grenada Welding Controllers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Welding Controllers Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Welding Controllers Market Revenues & Volume, By Resistance Welding Controllers, 2021 - 2031F |
6.1.4 Grenada Welding Controllers Market Revenues & Volume, By Arc Welding Controllers, 2021 - 2031F |
6.1.5 Grenada Welding Controllers Market Revenues & Volume, By Spot Welding Controllers, 2021 - 2031F |
6.1.6 Grenada Welding Controllers Market Revenues & Volume, By Laser Welding Controllers, 2021 - 2031F |
6.1.7 Grenada Welding Controllers Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Welding Controllers Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Welding Controllers Market Revenues & Volume, By Microprocessor-Based, 2021 - 2031F |
6.2.3 Grenada Welding Controllers Market Revenues & Volume, By PLC-Based, 2021 - 2031F |
6.2.4 Grenada Welding Controllers Market Revenues & Volume, By IoT-Enabled, 2021 - 2031F |
6.2.5 Grenada Welding Controllers Market Revenues & Volume, By AI-Assisted, 2021 - 2031F |
6.2.6 Grenada Welding Controllers Market Revenues & Volume, By Custom Configurations, 2021 - 2031F |
6.3 Grenada Welding Controllers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Welding Controllers Market Revenues & Volume, By Automotive Manufacturing, 2021 - 2031F |
6.3.3 Grenada Welding Controllers Market Revenues & Volume, By Shipbuilding, 2021 - 2031F |
6.3.4 Grenada Welding Controllers Market Revenues & Volume, By Pipeline Welding, 2021 - 2031F |
6.3.5 Grenada Welding Controllers Market Revenues & Volume, By Precision Welding, 2021 - 2031F |
6.3.6 Grenada Welding Controllers Market Revenues & Volume, By Robotic Welding, 2021 - 2031F |
6.4 Grenada Welding Controllers Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Welding Controllers Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.3 Grenada Welding Controllers Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.4.4 Grenada Welding Controllers Market Revenues & Volume, By Oil and Gas, 2021 - 2031F |
6.4.5 Grenada Welding Controllers Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.4.6 Grenada Welding Controllers Market Revenues & Volume, By Industrial Machinery, 2021 - 2031F |
7 Grenada Welding Controllers Market Import-Export Trade Statistics |
7.1 Grenada Welding Controllers Market Export to Major Countries |
7.2 Grenada Welding Controllers Market Imports from Major Countries |
8 Grenada Welding Controllers Market Key Performance Indicators |
9 Grenada Welding Controllers Market - Opportunity Assessment |
9.1 Grenada Welding Controllers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Welding Controllers Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Welding Controllers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Welding Controllers Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Welding Controllers Market - Competitive Landscape |
10.1 Grenada Welding Controllers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Welding Controllers 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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