Grenada Marine Propulsion Engine Market (2025-2031) | Companies, Share, Outlook, Industry, Value, Size, Growth, Segmentation, Analysis, Revenue, Forecast & Trends

Name: Grenada Marine Propulsion Engine Market (2025-2031) | Outlook Growth & Trends
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

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	Author: Shubham Padhi	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.

Marine Propulsion Engine Market: Grenada vs Top 5 Major Economies in 2027 (North America)

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):

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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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Export potential assessment - trade Analytics for 2030

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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