| Product Code: ETC7365809 | 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 |
The import shipments of burglar alarm systems in Grenada in 2024 continued to be dominated by top exporting countries such as the USA, Barbados, China, Trinidad and Tobago, and Ireland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a strong compound annual growth rate (CAGR) of 14.77% from 2020 to 2024 and an impressive growth rate of 48.09% from 2023 to 2024, the market for burglar alarm systems in Grenada is showing robust expansion and potential for further development in the coming years.
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 Burglar Alarm Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Burglar Alarm Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Burglar Alarm Systems Market - Industry Life Cycle |
3.4 Grenada Burglar Alarm Systems Market - Porter's Five Forces |
3.5 Grenada Burglar Alarm Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Burglar Alarm Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Grenada Burglar Alarm Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Burglar Alarm Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Burglar Alarm Systems Market Trends |
6 Grenada Burglar Alarm Systems Market, By Types |
6.1 Grenada Burglar Alarm Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Burglar Alarm Systems Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Burglar Alarm Systems Market Revenues & Volume, By Wireless Alarm System, 2021- 2031F |
6.1.4 Grenada Burglar Alarm Systems Market Revenues & Volume, By Wired Alarm System, 2021- 2031F |
6.2 Grenada Burglar Alarm Systems Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada Burglar Alarm Systems Market Revenues & Volume, By Hardware, 2021- 2031F |
6.2.3 Grenada Burglar Alarm Systems Market Revenues & Volume, By Software, 2021- 2031F |
6.2.4 Grenada Burglar Alarm Systems Market Revenues & Volume, By Services, 2021- 2031F |
6.3 Grenada Burglar Alarm Systems Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Burglar Alarm Systems Market Revenues & Volume, By Commercial & Industrial, 2021- 2031F |
6.3.3 Grenada Burglar Alarm Systems Market Revenues & Volume, By Residential, 2021- 2031F |
7 Grenada Burglar Alarm Systems Market Import-Export Trade Statistics |
7.1 Grenada Burglar Alarm Systems Market Export to Major Countries |
7.2 Grenada Burglar Alarm Systems Market Imports from Major Countries |
8 Grenada Burglar Alarm Systems Market Key Performance Indicators |
9 Grenada Burglar Alarm Systems Market - Opportunity Assessment |
9.1 Grenada Burglar Alarm Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Burglar Alarm Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Grenada Burglar Alarm Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Burglar Alarm Systems Market - Competitive Landscape |
10.1 Grenada Burglar Alarm Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Burglar Alarm Systems 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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