| Product Code: ETC7364651 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on key trading partners such as the USA, Trinidad and Tobago, Panama, China, and Puerto Rico for automotive position sensor imports. Despite a slight decline in growth rate from 2023 to 2024, the industry demonstrated a strong compound annual growth rate of 10.4% over the 4-year period. The high Herfindahl-Hirschman Index (HHI) indicates a market concentration among these top exporting countries, suggesting potential challenges and opportunities for market competition and pricing strategies in the automotive sensor sector in Grenada.
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 Position Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Position Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Position Sensor Market - Industry Life Cycle |
3.4 Grenada Automotive Position Sensor Market - Porter's Five Forces |
3.5 Grenada Automotive Position Sensor Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Grenada Automotive Position Sensor Market Revenues & Volume Share, By Contact Type, 2021 & 2031F |
3.7 Grenada Automotive Position Sensor Market Revenues & Volume Share, By Output, 2021 & 2031F |
3.8 Grenada Automotive Position Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Automotive Position Sensor Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Automotive Position Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced safety features in vehicles |
4.2.2 Rise in adoption of electric vehicles |
4.2.3 Growing focus on vehicle efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing position sensor technology |
4.3.2 Challenges related to sensor accuracy and reliability |
4.3.3 Limited technological awareness and expertise in the market |
5 Grenada Automotive Position Sensor Market Trends |
6 Grenada Automotive Position Sensor Market, By Types |
6.1 Grenada Automotive Position Sensor Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Position Sensor Market Revenues & Volume, By Types, 2021- 2031F |
6.1.3 Grenada Automotive Position Sensor Market Revenues & Volume, By Linear Type, 2021- 2031F |
6.1.4 Grenada Automotive Position Sensor Market Revenues & Volume, By Rotary Position Sensors, 2021- 2031F |
6.1.5 Grenada Automotive Position Sensor Market Revenues & Volume, By Other Sensors, 2021- 2031F |
6.2 Grenada Automotive Position Sensor Market, By Contact Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Position Sensor Market Revenues & Volume, By Non-Contact Type, 2021- 2031F |
6.2.3 Grenada Automotive Position Sensor Market Revenues & Volume, By Contact Type, 2021- 2031F |
6.3 Grenada Automotive Position Sensor Market, By Output |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Position Sensor Market Revenues & Volume, By Digital Output, 2021- 2031F |
6.3.3 Grenada Automotive Position Sensor Market Revenues & Volume, By Analog Output, 2021- 2031F |
6.4 Grenada Automotive Position Sensor Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Automotive Position Sensor Market Revenues & Volume, By Machine Tools, 2021- 2031F |
6.4.3 Grenada Automotive Position Sensor Market Revenues & Volume, By Robotics, 2021- 2031F |
6.4.4 Grenada Automotive Position Sensor Market Revenues & Volume, By Motion Systems, 2021- 2031F |
6.4.5 Grenada Automotive Position Sensor Market Revenues & Volume, By Material Handling, 2021- 2031F |
6.4.6 Grenada Automotive Position Sensor Market Revenues & Volume, By Test Equipment, 2021- 2031F |
6.4.7 Grenada Automotive Position Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Grenada Automotive Position Sensor Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Automotive Position Sensor Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.5.3 Grenada Automotive Position Sensor Market Revenues & Volume, By Automotive, 2021- 2031F |
6.5.4 Grenada Automotive Position Sensor Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.5.5 Grenada Automotive Position Sensor Market Revenues & Volume, By Packaging, 2021- 2031F |
6.5.6 Grenada Automotive Position Sensor Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.5.7 Grenada Automotive Position Sensor Market Revenues & Volume, By Electronics, 2021- 2031F |
7 Grenada Automotive Position Sensor Market Import-Export Trade Statistics |
7.1 Grenada Automotive Position Sensor Market Export to Major Countries |
7.2 Grenada Automotive Position Sensor Market Imports from Major Countries |
8 Grenada Automotive Position Sensor Market Key Performance Indicators |
8.1 Average selling price of position sensors in Grenada |
8.2 Number of new product launches in the position sensor market |
8.3 Adoption rate of position sensor technology by automotive manufacturers in Grenada |
9 Grenada Automotive Position Sensor Market - Opportunity Assessment |
9.1 Grenada Automotive Position Sensor Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Grenada Automotive Position Sensor Market Opportunity Assessment, By Contact Type, 2021 & 2031F |
9.3 Grenada Automotive Position Sensor Market Opportunity Assessment, By Output, 2021 & 2031F |
9.4 Grenada Automotive Position Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Automotive Position Sensor Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Automotive Position Sensor Market - Competitive Landscape |
10.1 Grenada Automotive Position Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Position Sensor 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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