| Product Code: ETC5864177 | 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 multirotor drone imports, with top exporters including the United States of America, Br. Virgin Isds, Jamaica, and Puerto Rico. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a notable growth rate of 266.51%. However, the compound annual growth rate (CAGR) was negative at -22.58%, suggesting some fluctuations in the market. Overall, the import shipments of multirotor drones demonstrate a strong interest and demand in Saint Vincent and the Grenadines for this technology.

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 Multirotor Drones Market Overview |
3.1 Saint Vincent and the Grenadines Country Macro Economic Indicators |
3.2 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, 2021 & 2031F |
3.3 Saint Vincent and the Grenadines Multirotor Drones Market - Industry Life Cycle |
3.4 Saint Vincent and the Grenadines Multirotor Drones Market - Porter's Five Forces |
3.5 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume Share, By Payload, 2021 & 2031F |
4 Saint Vincent and the Grenadines Multirotor Drones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aerial photography and cinematography |
4.2.2 Growth in applications of drones in agriculture, surveillance, and infrastructure inspection |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on drone usage |
4.3.2 Concerns regarding privacy and safety issues associated with drone operations |
5 Saint Vincent and the Grenadines Multirotor Drones Market Trends |
6 Saint Vincent and the Grenadines Multirotor Drones Market Segmentations |
6.1 Saint Vincent and the Grenadines Multirotor Drones Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By Defense, 2021-2031F |
6.1.3 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By Aerial Shooting, 2021-2031F |
6.1.4 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By Business & Commerce, 2021-2031F |
6.1.5 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By Law Enforcement, 2021-2031F |
6.1.6 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By Environmental Inspection, 2021-2031F |
6.2 Saint Vincent and the Grenadines Multirotor Drones Market, By Payload |
6.2.1 Overview and Analysis |
6.2.2 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By Electro-optic Sensor, 2021-2031F |
6.2.3 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By Cameras, 2021-2031F |
6.2.4 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By Sense & Avoid System, 2021-2031F |
6.2.5 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By LiDAR, 2021-2031F |
6.2.6 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By CBRN, 2021-2031F |
6.2.7 Saint Vincent and the Grenadines Multirotor Drones Market Revenues & Volume, By Wi-Fi, 2021-2031F |
7 Saint Vincent and the Grenadines Multirotor Drones Market Import-Export Trade Statistics |
7.1 Saint Vincent and the Grenadines Multirotor Drones Market Export to Major Countries |
7.2 Saint Vincent and the Grenadines Multirotor Drones Market Imports from Major Countries |
8 Saint Vincent and the Grenadines Multirotor Drones Market Key Performance Indicators |
8.1 Number of drone pilot certifications issued annually |
8.2 Frequency of updates in drone regulations and policies |
8.3 Adoption rate of drones in different industries |
8.4 Investment in research and development for drone technology |
8.5 Number of reported drone-related incidents and accidents |
9 Saint Vincent and the Grenadines Multirotor Drones Market - Opportunity Assessment |
9.1 Saint Vincent and the Grenadines Multirotor Drones Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Saint Vincent and the Grenadines Multirotor Drones Market Opportunity Assessment, By Payload, 2021 & 2031F |
10 Saint Vincent and the Grenadines Multirotor Drones Market - Competitive Landscape |
10.1 Saint Vincent and the Grenadines Multirotor Drones Market Revenue Share, By Companies, 2024 |
10.2 Saint Vincent and the Grenadines Multirotor Drones 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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