| Product Code: ETC7367381 | 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 |
The import shipments of commercial vehicle steering columns to Grenada in 2024 show a significant increase in concentration, with the top exporting countries being the USA, Japan, UAE, Trinidad and Tobago, and China. The Herfindahl-Hirschman Index (HHI) indicates a high level of market concentration, which has further intensified from 2023 to 2024. The impressive compound annual growth rate (CAGR) of 33.32% from 2020 to 2024 highlights the robust demand for these products in Grenada. Moreover, the growth rate of 37.51% from 2023 to 2024 signals a rapid acceleration in import volumes, demonstrating a flourishing market for commercial vehicle steering columns in the country
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 Commercial Vehicle Steering Column Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Commercial Vehicle Steering Column Market - Industry Life Cycle |
3.4 Grenada Commercial Vehicle Steering Column Market - Porter's Five Forces |
3.5 Grenada Commercial Vehicle Steering Column Market Revenues & Volume Share, By Column Type, 2021 & 2031F |
3.6 Grenada Commercial Vehicle Steering Column Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Grenada Commercial Vehicle Steering Column Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Grenada Commercial Vehicle Steering Column Market Revenues & Volume Share, By Steering System, 2021 & 2031F |
4 Grenada Commercial Vehicle Steering Column Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Commercial Vehicle Steering Column Market Trends |
6 Grenada Commercial Vehicle Steering Column Market, By Types |
6.1 Grenada Commercial Vehicle Steering Column Market, By Column Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Column Type, 2021- 2031F |
6.1.3 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Adjustable Steering Columns, 2021- 2031F |
6.1.4 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Non-adjustable Steering Columns, 2021- 2031F |
6.2 Grenada Commercial Vehicle Steering Column Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Class 6 (GVWR - 19,501 to 26,000 pounds), 2021- 2031F |
6.2.3 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Class 7 (GVWR - 26,001 to 33,000 pounds), 2021- 2031F |
6.2.4 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Class 8 (GVWR - Above 33,000 pounds), 2021- 2031F |
6.3 Grenada Commercial Vehicle Steering Column Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By OEM, 2021- 2031F |
6.3.3 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By OES, 2021- 2031F |
6.3.4 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.4 Grenada Commercial Vehicle Steering Column Market, By Steering System |
6.4.1 Overview and Analysis |
6.4.2 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Manual Worm & Roller Steering System, 2021- 2031F |
6.4.3 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Power Steering System, 2021- 2031F |
6.4.4 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Manual Recirculating Ball & Nut Steering System, 2021- 2031F |
6.4.5 Grenada Commercial Vehicle Steering Column Market Revenues & Volume, By Manual Rack and Pinion Steering System, 2021- 2031F |
7 Grenada Commercial Vehicle Steering Column Market Import-Export Trade Statistics |
7.1 Grenada Commercial Vehicle Steering Column Market Export to Major Countries |
7.2 Grenada Commercial Vehicle Steering Column Market Imports from Major Countries |
8 Grenada Commercial Vehicle Steering Column Market Key Performance Indicators |
9 Grenada Commercial Vehicle Steering Column Market - Opportunity Assessment |
9.1 Grenada Commercial Vehicle Steering Column Market Opportunity Assessment, By Column Type, 2021 & 2031F |
9.2 Grenada Commercial Vehicle Steering Column Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Grenada Commercial Vehicle Steering Column Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Grenada Commercial Vehicle Steering Column Market Opportunity Assessment, By Steering System, 2021 & 2031F |
10 Grenada Commercial Vehicle Steering Column Market - Competitive Landscape |
10.1 Grenada Commercial Vehicle Steering Column Market Revenue Share, By Companies, 2024 |
10.2 Grenada Commercial Vehicle Steering Column 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