| Product Code: ETC7364588 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a significant influx of automotive micro motor imports, primarily sourced from the USA, China, Puerto Rico, UK, and Trinidad and Tobago. The market exhibited a very high concentration of imports, indicating a competitive landscape dominated by a few key players. Despite a high Herfindahl-Hirschman Index (HHI) in 2023, concentration further intensified in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 10.77%, although the growth rate witnessed a sharp decline of -41.88% from 2023 to 2024, signaling potential market challenges or fluctuations.
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 Automotive Micro Motor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Micro Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Micro Motor Market - Industry Life Cycle |
3.4 Grenada Automotive Micro Motor Market - Porter's Five Forces |
3.5 Grenada Automotive Micro Motor Market Revenues & Volume Share, By Power Consumption, 2021 & 2031F |
3.6 Grenada Automotive Micro Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.7 Grenada Automotive Micro Motor Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
4 Grenada Automotive Micro Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Automotive Micro Motor Market Trends |
6 Grenada Automotive Micro Motor Market, By Types |
6.1 Grenada Automotive Micro Motor Market, By Power Consumption |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Micro Motor Market Revenues & Volume, By Power Consumption, 2021- 2031F |
6.1.3 Grenada Automotive Micro Motor Market Revenues & Volume, By Less than 11V, 2021- 2031F |
6.1.4 Grenada Automotive Micro Motor Market Revenues & Volume, By 12V-24V, 2021- 2031F |
6.1.5 Grenada Automotive Micro Motor Market Revenues & Volume, By 25V-48V, 2021- 2031F |
6.1.6 Grenada Automotive Micro Motor Market Revenues & Volume, By More than 48V, 2021- 2031F |
6.2 Grenada Automotive Micro Motor Market, By Motor Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Micro Motor Market Revenues & Volume, By DC Motor, 2021- 2031F |
6.2.3 Grenada Automotive Micro Motor Market Revenues & Volume, By AC Motor, 2021- 2031F |
6.3 Grenada Automotive Micro Motor Market, By Technology Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Micro Motor Market Revenues & Volume, By Brushed Micromotor, 2021- 2031F |
6.3.3 Grenada Automotive Micro Motor Market Revenues & Volume, By Brushless Micromotor, 2021- 2031F |
7 Grenada Automotive Micro Motor Market Import-Export Trade Statistics |
7.1 Grenada Automotive Micro Motor Market Export to Major Countries |
7.2 Grenada Automotive Micro Motor Market Imports from Major Countries |
8 Grenada Automotive Micro Motor Market Key Performance Indicators |
9 Grenada Automotive Micro Motor Market - Opportunity Assessment |
9.1 Grenada Automotive Micro Motor Market Opportunity Assessment, By Power Consumption, 2021 & 2031F |
9.2 Grenada Automotive Micro Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.3 Grenada Automotive Micro Motor Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
10 Grenada Automotive Micro Motor Market - Competitive Landscape |
10.1 Grenada Automotive Micro Motor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Micro 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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