| Product Code: ETC5887066 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Suriname continues to rely on imports for car safety equipment, with the top exporting countries being the United States, China, Panama, Netherlands, and Germany in 2024. The market shows a high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. Despite a strong compound annual growth rate (CAGR) of 14.45% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -60.28%. This indicates fluctuations in the market and potential challenges ahead for importers and stakeholders in the car safety industry in Suriname.

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 Suriname Car Safety Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Car Safety Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Car Safety Market - Industry Life Cycle |
3.4 Suriname Car Safety Market - Porter's Five Forces |
3.5 Suriname Car Safety Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.6 Suriname Car Safety Market Revenues & Volume Share, By On-Highway Vehicle, 2021 & 2031F |
3.7 Suriname Car Safety Market Revenues & Volume Share, By Off-Highway Vehicle, 2021 & 2031F |
3.8 Suriname Car Safety Market Revenues & Volume Share, By Electric Vehicle, 2021 & 2031F |
3.9 Suriname Car Safety Market Revenues & Volume Share, By Offering, 2021 & 2031F |
4 Suriname Car Safety Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about road safety and the importance of car safety features in Suriname |
4.2.2 Implementation of stringent government regulations regarding vehicle safety standards |
4.2.3 Growing disposable income leading to higher demand for safer cars in Suriname |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing cars with advanced safety features may deter some consumers |
4.3.2 Lack of infrastructure for regular maintenance and servicing of safety features in vehicles in Suriname |
5 Suriname Car Safety Market Trends |
6 Suriname Car Safety Market Segmentations |
6.1 Suriname Car Safety Market, By System Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Car Safety Market Revenues & Volume, By Passive Safety, 2021-2031F |
6.1.3 Suriname Car Safety Market Revenues & Volume, By Active Safety, 2021-2031F |
6.2 Suriname Car Safety Market, By On-Highway Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Suriname Car Safety Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.2.3 Suriname Car Safety Market Revenues & Volume, By Light Commercial Vehicle (LCV), 2021-2031F |
6.2.4 Suriname Car Safety Market Revenues & Volume, By Buses, 2021-2031F |
6.2.5 Suriname Car Safety Market Revenues & Volume, By Trucks, 2021-2031F |
6.3 Suriname Car Safety Market, By Off-Highway Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Suriname Car Safety Market Revenues & Volume, By Agriculture Vehicle, 2021-2031F |
6.3.3 Suriname Car Safety Market Revenues & Volume, By Construction Vehicle, 2021-2031F |
6.4 Suriname Car Safety Market, By Electric Vehicle |
6.4.1 Overview and Analysis |
6.4.2 Suriname Car Safety Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F |
6.4.3 Suriname Car Safety Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021-2031F |
6.4.4 Suriname Car Safety Market Revenues & Volume, By Plug-In Hybrid Electric Vehicle (PHEV), 2021-2031F |
6.4.5 Suriname Car Safety Market Revenues & Volume, By Fuel Cell Electric Vehicle (FCEV), 2021-2031F |
6.5 Suriname Car Safety Market, By Offering |
6.5.1 Overview and Analysis |
6.5.2 Suriname Car Safety Market Revenues & Volume, By Hardware, 2021-2031F |
6.5.3 Suriname Car Safety Market Revenues & Volume, By Software, 2021-2031F |
7 Suriname Car Safety Market Import-Export Trade Statistics |
7.1 Suriname Car Safety Market Export to Major Countries |
7.2 Suriname Car Safety Market Imports from Major Countries |
8 Suriname Car Safety Market Key Performance Indicators |
8.1 Number of road accidents and fatalities in Suriname |
8.2 Percentage of vehicles equipped with basic safety features such as airbags and ABS |
8.3 Rate of adoption of new safety technologies in the Suriname car market |
9 Suriname Car Safety Market - Opportunity Assessment |
9.1 Suriname Car Safety Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.2 Suriname Car Safety Market Opportunity Assessment, By On-Highway Vehicle, 2021 & 2031F |
9.3 Suriname Car Safety Market Opportunity Assessment, By Off-Highway Vehicle, 2021 & 2031F |
9.4 Suriname Car Safety Market Opportunity Assessment, By Electric Vehicle, 2021 & 2031F |
9.5 Suriname Car Safety Market Opportunity Assessment, By Offering, 2021 & 2031F |
10 Suriname Car Safety Market - Competitive Landscape |
10.1 Suriname Car Safety Market Revenue Share, By Companies, 2024 |
10.2 Suriname Car Safety 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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