| Product Code: ETC7366900 | 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 imports of clamp-on ultrasonic flowmeters, with top exporters being the USA, Trinidad and Tobago, Panama, Spain, and the Democratic People`s Republic of Korea. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced slow growth with a CAGR of 1.25% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -5.04%. This data suggests a challenging market environment for flowmeter imports in Grenada, highlighting the need for strategic planning and market analysis for industry players.
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 Clamp-on Ultrasonic Flowmeter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Clamp-on Ultrasonic Flowmeter Market - Industry Life Cycle |
3.4 Grenada Clamp-on Ultrasonic Flowmeter Market - Porter's Five Forces |
3.5 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume Share, By Measurement Technology, 2021 & 2031F |
3.6 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Grenada Clamp-on Ultrasonic Flowmeter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for non-invasive flow measurement solutions in various industries |
4.2.2 Growing focus on energy efficiency and cost savings driving adoption of ultrasonic flowmeters |
4.2.3 Technological advancements leading to improved accuracy and reliability of clamp-on ultrasonic flowmeters |
4.3 Market Restraints |
4.3.1 High initial investment cost of clamp-on ultrasonic flowmeters |
4.3.2 Limited awareness and understanding of the benefits of clamp-on ultrasonic flowmeters compared to traditional flow measurement methods |
5 Grenada Clamp-on Ultrasonic Flowmeter Market Trends |
6 Grenada Clamp-on Ultrasonic Flowmeter Market, By Types |
6.1 Grenada Clamp-on Ultrasonic Flowmeter Market, By Measurement Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Measurement Technology, 2021- 2031F |
6.1.3 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Doppler, 2021- 2031F |
6.1.4 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Transit Time, 2021- 2031F |
6.1.5 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.2 Grenada Clamp-on Ultrasonic Flowmeter Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Chemical, 2021- 2031F |
6.2.3 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Petrochemical, 2021- 2031F |
6.2.4 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.5 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.6 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.7 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Water & Wastewater, 2021- 2031F |
6.2.8 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Grenada Clamp-on Ultrasonic Flowmeter Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Clamp-on Ultrasonic Flowmeter Market Import-Export Trade Statistics |
7.1 Grenada Clamp-on Ultrasonic Flowmeter Market Export to Major Countries |
7.2 Grenada Clamp-on Ultrasonic Flowmeter Market Imports from Major Countries |
8 Grenada Clamp-on Ultrasonic Flowmeter Market Key Performance Indicators |
8.1 Adoption rate of clamp-on ultrasonic flowmeters in key industries |
8.2 Percentage increase in energy efficiency achieved by users after implementing clamp-on ultrasonic flowmeters |
8.3 Number of new technological features or improvements introduced by manufacturers to enhance product performance |
9 Grenada Clamp-on Ultrasonic Flowmeter Market - Opportunity Assessment |
9.1 Grenada Clamp-on Ultrasonic Flowmeter Market Opportunity Assessment, By Measurement Technology, 2021 & 2031F |
9.2 Grenada Clamp-on Ultrasonic Flowmeter Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Grenada Clamp-on Ultrasonic Flowmeter Market - Competitive Landscape |
10.1 Grenada Clamp-on Ultrasonic Flowmeter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Clamp-on Ultrasonic Flowmeter 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.
To discover high-growth global markets and optimize your business strategy:
Click Here