| Product Code: ETC5887851 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Saint Vincent and the Grenadines saw a significant increase in the concentration of automotive traction motor import shipments, with a very high Herfindahl-Hirschman Index (HHI) indicating a more consolidated market. The top exporters to the country were the Netherlands, USA, India, Barbados, and Brazil. Despite a negative Compound Annual Growth Rate (CAGR) of -9.47%, the growth rate surged by 67.2%, showcasing a dynamic and evolving market landscape for automotive traction motors in Saint Vincent and the Grenadines.

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 Saint Vincent and the Grenadines Automotive Traction Motor Market Overview |
3.1 Saint Vincent and the Grenadines Country Macro Economic Indicators |
3.2 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Saint Vincent and the Grenadines Automotive Traction Motor Market - Industry Life Cycle |
3.4 Saint Vincent and the Grenadines Automotive Traction Motor Market - Porter's Five Forces |
3.5 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.6 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume Share, By EV Type, 2021 & 2031F |
4 Saint Vincent and the Grenadines Automotive Traction Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of electric vehicles in Saint Vincent and the Grenadines |
4.2.2 Government initiatives promoting sustainable transportation solutions |
4.2.3 Rising demand for energy-efficient automotive traction motors |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and traction motors |
4.3.2 Limited charging infrastructure for electric vehicles in the region |
4.3.3 Lack of awareness and understanding about the benefits of electric vehicles |
5 Saint Vincent and the Grenadines Automotive Traction Motor Market Trends |
6 Saint Vincent and the Grenadines Automotive Traction Motor Market Segmentations |
6.1 Saint Vincent and the Grenadines Automotive Traction Motor Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume, By PMSM, 2021-2031F |
6.1.3 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume, By AC Induction, 2021-2031F |
6.2 Saint Vincent and the Grenadines Automotive Traction Motor Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume, By AC, 2021-2031F |
6.2.3 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume, By DC, 2021-2031F |
6.3 Saint Vincent and the Grenadines Automotive Traction Motor Market, By EV Type |
6.3.1 Overview and Analysis |
6.3.2 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume, By HEV, 2021-2031F |
6.3.4 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenues & Volume, By PHEV, 2021-2031F |
7 Saint Vincent and the Grenadines Automotive Traction Motor Market Import-Export Trade Statistics |
7.1 Saint Vincent and the Grenadines Automotive Traction Motor Market Export to Major Countries |
7.2 Saint Vincent and the Grenadines Automotive Traction Motor Market Imports from Major Countries |
8 Saint Vincent and the Grenadines Automotive Traction Motor Market Key Performance Indicators |
8.1 Average age of vehicles in the country |
8.2 Number of charging stations per capita |
8.3 Percentage of government incentives allocated to electric vehicle adoption |
8.4 Growth rate of renewable energy sources in the country |
8.5 Number of electric vehicle registrations in Saint Vincent and the Grenadines |
9 Saint Vincent and the Grenadines Automotive Traction Motor Market - Opportunity Assessment |
9.1 Saint Vincent and the Grenadines Automotive Traction Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.2 Saint Vincent and the Grenadines Automotive Traction Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Saint Vincent and the Grenadines Automotive Traction Motor Market Opportunity Assessment, By EV Type, 2021 & 2031F |
10 Saint Vincent and the Grenadines Automotive Traction Motor Market - Competitive Landscape |
10.1 Saint Vincent and the Grenadines Automotive Traction Motor Market Revenue Share, By Companies, 2024 |
10.2 Saint Vincent and the Grenadines Automotive Traction Motor 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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