Grenada Marine Propulsion Engine Market (2025-2031) | Companies, Share, Outlook, Industry, Value, Size, Growth, Segmentation, Analysis, Revenue, Forecast & Trends
Market Forecast By Power Source (Diesel, Gas Turbine, Natural Gas, Others), By Ship Type (Cargo or Contanier Ship, Tanker, Bulk Carrier, Offshore Vessel, Passenger Ship, Others) And Competitive Landscape
| Product Code: ETC5195418 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Grenada Marine Propulsion Engine Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Grenada continued to rely heavily on imports of marine propulsion engines, with top exporters being Japan, USA, UK, Trinidad and Tobago, and Areas, nes. Despite a high concentration of market share, the industry experienced a significant decline, with a negative Compound Annual Growth Rate (CAGR) of -9.88% from 2020 to 2024. The growth rate from 2023 to 2024 plummeted by -46.8%, indicating a challenging year for the sector. Grenada`s marine propulsion engine import market is facing notable headwinds, highlighting the need for strategic interventions to stimulate growth and stability.
Marine Propulsion Engine Market: Grenada vs Top 5 Major Economies in 2027 (North America)
The Marine Propulsion Engine market in Grenada is projected to grow at a stable growth rate of 1.55% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.
Key Highlights of the Report:
- Grenada Marine Propulsion Engine Market Outlook
- Market Size of Grenada Marine Propulsion Engine Market, 2024
- Forecast of Grenada Marine Propulsion Engine Market, 2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Revenues & Volume for the Period 2021-2031
- Grenada Marine Propulsion Engine Market Trend Evolution
- Grenada Marine Propulsion Engine Market Drivers and Challenges
- Grenada Marine Propulsion Engine Price Trends
- Grenada Marine Propulsion Engine Porter`s Five Forces
- Grenada Marine Propulsion Engine Industry Life Cycle
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Power Source for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Diesel for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Gas Turbine for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Natural Gas for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Ship Type for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Cargo or Contanier Ship for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Tanker for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Bulk Carrier for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Offshore Vessel for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Passenger Ship for the Period 2021-2031
- Historical Data and Forecast of Grenada Marine Propulsion Engine Market Revenues & Volume By Others for the Period 2021-2031
- Grenada Marine Propulsion Engine Import Export Trade Statistics
- Market Opportunity Assessment By Power Source
- Market Opportunity Assessment By Ship Type
- Grenada Marine Propulsion Engine Top Companies Market Share
- Grenada Marine Propulsion Engine Competitive Benchmarking By Technical and Operational Parameters
- Grenada Marine Propulsion Engine Company Profiles
- Grenada Marine Propulsion Engine Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Grenada Marine Propulsion Engine Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Marine Propulsion Engine Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Marine Propulsion Engine Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Marine Propulsion Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Marine Propulsion Engine Market - Industry Life Cycle |
3.4 Grenada Marine Propulsion Engine Market - Porter's Five Forces |
3.5 Grenada Marine Propulsion Engine Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Grenada Marine Propulsion Engine Market Revenues & Volume Share, By Ship Type, 2021 & 2031F |
4 Grenada Marine Propulsion Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Marine Propulsion Engine Market Trends |
6 Grenada Marine Propulsion Engine Market Segmentations |
6.1 Grenada Marine Propulsion Engine Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Marine Propulsion Engine Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.3 Grenada Marine Propulsion Engine Market Revenues & Volume, By Gas Turbine, 2021-2031F |
6.1.4 Grenada Marine Propulsion Engine Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.5 Grenada Marine Propulsion Engine Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Marine Propulsion Engine Market, By Ship Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Marine Propulsion Engine Market Revenues & Volume, By Cargo or Contanier Ship, 2021-2031F |
6.2.3 Grenada Marine Propulsion Engine Market Revenues & Volume, By Tanker, 2021-2031F |
6.2.4 Grenada Marine Propulsion Engine Market Revenues & Volume, By Bulk Carrier, 2021-2031F |
6.2.5 Grenada Marine Propulsion Engine Market Revenues & Volume, By Offshore Vessel, 2021-2031F |
6.2.6 Grenada Marine Propulsion Engine Market Revenues & Volume, By Passenger Ship, 2021-2031F |
6.2.7 Grenada Marine Propulsion Engine Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Marine Propulsion Engine Market Import-Export Trade Statistics |
7.1 Grenada Marine Propulsion Engine Market Export to Major Countries |
7.2 Grenada Marine Propulsion Engine Market Imports from Major Countries |
8 Grenada Marine Propulsion Engine Market Key Performance Indicators |
9 Grenada Marine Propulsion Engine Market - Opportunity Assessment |
9.1 Grenada Marine Propulsion Engine Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Grenada Marine Propulsion Engine Market Opportunity Assessment, By Ship Type, 2021 & 2031F |
10 Grenada Marine Propulsion Engine Market - Competitive Landscape |
10.1 Grenada Marine Propulsion Engine Market Revenue Share, By Companies, 2024 |
10.2 Grenada Marine Propulsion Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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