| Product Code: ETC8149810 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Maldives saw a surge in gas engine imports in 2024, with major contributions from the USA, Canada, Australia, UK, and China. The market remained heavily concentrated, indicating limited competition among suppliers. The impressive compound annual growth rate (CAGR) of 43.45% from 2020 to 2024 highlights the growing demand for gas engines in Maldives. The remarkable growth rate of 61.23% from 2023 to 2024 suggests a significant uptick in import volumes, signaling a thriving market for gas engines 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 Maldives Gas Engine Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Gas Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Gas Engine Market - Industry Life Cycle |
3.4 Maldives Gas Engine Market - Porter's Five Forces |
3.5 Maldives Gas Engine Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Maldives Gas Engine Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 Maldives Gas Engine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Maldives Gas Engine Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Maldives Gas Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and efficient power generation solutions in Maldives. |
4.2.2 Growing focus on sustainability and environmental concerns, driving the adoption of cleaner energy sources like gas engines. |
4.2.3 Government initiatives and policies supporting the development of gas engine infrastructure in Maldives. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up gas engine projects. |
4.3.2 Limited availability and accessibility of natural gas infrastructure in Maldives. |
4.3.3 Technical challenges related to maintenance and operation of gas engines in remote island locations. |
5 Maldives Gas Engine Market Trends |
6 Maldives Gas Engine Market, By Types |
6.1 Maldives Gas Engine Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Gas Engine Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Maldives Gas Engine Market Revenues & Volume, By Natural Gas, 2021- 2031F |
6.1.4 Maldives Gas Engine Market Revenues & Volume, By Special Gas, 2021- 2031F |
6.1.5 Maldives Gas Engine Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Maldives Gas Engine Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 Maldives Gas Engine Market Revenues & Volume, By 0.5-1 Mw, 2021- 2031F |
6.2.3 Maldives Gas Engine Market Revenues & Volume, By 1.1-2 Mw, 2021- 2031F |
6.2.4 Maldives Gas Engine Market Revenues & Volume, By 2.1-5 Mw, 2021- 2031F |
6.2.5 Maldives Gas Engine Market Revenues & Volume, By 5.1-15 Mw, 2021- 2031F |
6.2.6 Maldives Gas Engine Market Revenues & Volume, By Above 15 Mw, 2021- 2031F |
6.3 Maldives Gas Engine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Gas Engine Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.3.3 Maldives Gas Engine Market Revenues & Volume, By Co-generation, 2021- 2031F |
6.3.4 Maldives Gas Engine Market Revenues & Volume, By Mechanical Drive, 2021- 2031F |
6.3.5 Maldives Gas Engine Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Maldives Gas Engine Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Maldives Gas Engine Market Revenues & Volume, By Utilities, 2021- 2031F |
6.4.3 Maldives Gas Engine Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.4.4 Maldives Gas Engine Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.4.5 Maldives Gas Engine Market Revenues & Volume, By Marine, 2021- 2031F |
6.4.6 Maldives Gas Engine Market Revenues & Volume, By Others, 2021- 2031F |
7 Maldives Gas Engine Market Import-Export Trade Statistics |
7.1 Maldives Gas Engine Market Export to Major Countries |
7.2 Maldives Gas Engine Market Imports from Major Countries |
8 Maldives Gas Engine Market Key Performance Indicators |
8.1 Average fuel efficiency of gas engines used in Maldives. |
8.2 Percentage increase in the number of gas engine installations over time. |
8.3 Rate of adoption of gas engines compared to traditional power generation methods in Maldives. |
8.4 Average downtime of gas engines due to maintenance and repair activities. |
8.5 Percentage reduction in greenhouse gas emissions attributed to the use of gas engines in Maldives. |
9 Maldives Gas Engine Market - Opportunity Assessment |
9.1 Maldives Gas Engine Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Maldives Gas Engine Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 Maldives Gas Engine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Maldives Gas Engine Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Maldives Gas Engine Market - Competitive Landscape |
10.1 Maldives Gas Engine Market Revenue Share, By Companies, 2024 |
10.2 Maldives Gas Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |