| Product Code: ETC7369498 | 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 continues to heavily rely on imports for electronic noses, with top exporters including Trinidad and Tobago, USA, China, Canada, and Panama. The market concentration, as measured by the HHI, remained very high in 2024, indicating a dominant market presence by key players. Despite a healthy Compound Annual Growth Rate (CAGR) of 8.39% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -17.83%. This shift suggests potential market challenges or changes in consumer demand that importers and stakeholders should monitor closely for strategic planning.
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 Electronic Nose Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electronic Nose Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electronic Nose Market - Industry Life Cycle |
3.4 Grenada Electronic Nose Market - Porter's Five Forces |
3.5 Grenada Electronic Nose Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electronic Nose Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Grenada Electronic Nose Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Electronic Nose Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electronic Nose Market Trends |
6 Grenada Electronic Nose Market, By Types |
6.1 Grenada Electronic Nose Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electronic Nose Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Electronic Nose Market Revenues & Volume, By Embedded Sensors, 2021- 2031F |
6.1.4 Grenada Electronic Nose Market Revenues & Volume, By Portable Devices, 2021- 2031F |
6.2 Grenada Electronic Nose Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electronic Nose Market Revenues & Volume, By Metal Oxide Semi-Conductor Sensors (MOS), 2021- 2031F |
6.2.3 Grenada Electronic Nose Market Revenues & Volume, By Quartz Crystal Microbalance (QCM), 2021- 2031F |
6.2.4 Grenada Electronic Nose Market Revenues & Volume, By Conducting Polymers (CP), 2021- 2031F |
6.2.5 Grenada Electronic Nose Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Electronic Nose Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electronic Nose Market Revenues & Volume, By Military and Defense, 2021- 2031F |
6.3.3 Grenada Electronic Nose Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.4 Grenada Electronic Nose Market Revenues & Volume, By Food and Beverage, 2021- 2031F |
6.3.5 Grenada Electronic Nose Market Revenues & Volume, By Waste Management (Environmental Monitoring), 2021- 2031F |
6.3.6 Grenada Electronic Nose Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Electronic Nose Market Import-Export Trade Statistics |
7.1 Grenada Electronic Nose Market Export to Major Countries |
7.2 Grenada Electronic Nose Market Imports from Major Countries |
8 Grenada Electronic Nose Market Key Performance Indicators |
9 Grenada Electronic Nose Market - Opportunity Assessment |
9.1 Grenada Electronic Nose Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electronic Nose Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Grenada Electronic Nose Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Electronic Nose Market - Competitive Landscape |
10.1 Grenada Electronic Nose Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electronic Nose 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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