| Product Code: ETC5881171 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives continues to be a key destination for hub motor imports, with top exporters including China, Japan, India, Sri Lanka, and Taiwan. The market saw a notable increase in concentration levels in 2024, indicating a more dominant presence of key players. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stands at a steady 4.52%. This suggests a stable long-term trajectory for the hub motor import market in Maldives, with room for potential recovery and growth in the coming years.

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 Hub Motor Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Hub Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Hub Motor Market - Industry Life Cycle |
3.4 Maldives Hub Motor Market - Porter's Five Forces |
3.5 Maldives Hub Motor Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.6 Maldives Hub Motor Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.7 Maldives Hub Motor Market Revenues & Volume Share, By Motor, 2021 & 2031F |
4 Maldives Hub Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in the Maldives |
4.2.2 Government initiatives promoting sustainable transportation |
4.2.3 Growing awareness about environmental conservation and clean energy |
4.3 Market Restraints |
4.3.1 High initial cost of hub motors |
4.3.2 Limited availability of charging infrastructure for electric vehicles in the Maldives |
5 Maldives Hub Motor Market Trends |
6 Maldives Hub Motor Market Segmentations |
6.1 Maldives Hub Motor Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Maldives Hub Motor Market Revenues & Volume, By Front, 2021-2031F |
6.1.3 Maldives Hub Motor Market Revenues & Volume, By Rear, 2021-2031F |
6.2 Maldives Hub Motor Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Maldives Hub Motor Market Revenues & Volume, By E-Bikes, 2021-2031F |
6.2.3 Maldives Hub Motor Market Revenues & Volume, By E-Scooters/Mopeds, 2021-2031F |
6.2.4 Maldives Hub Motor Market Revenues & Volume, By E-Motorcycles, 2021-2031F |
6.3 Maldives Hub Motor Market, By Motor |
6.3.1 Overview and Analysis |
6.3.2 Maldives Hub Motor Market Revenues & Volume, By Geared , 2021-2031F |
6.3.3 Maldives Hub Motor Market Revenues & Volume, By Gearless, 2021-2031F |
7 Maldives Hub Motor Market Import-Export Trade Statistics |
7.1 Maldives Hub Motor Market Export to Major Countries |
7.2 Maldives Hub Motor Market Imports from Major Countries |
8 Maldives Hub Motor Market Key Performance Indicators |
8.1 Average distance covered by electric vehicles using hub motors per charge |
8.2 Percentage of government budget allocated to sustainable transportation projects |
8.3 Number of charging stations for electric vehicles installed in the Maldives |
9 Maldives Hub Motor Market - Opportunity Assessment |
9.1 Maldives Hub Motor Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.2 Maldives Hub Motor Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.3 Maldives Hub Motor Market Opportunity Assessment, By Motor, 2021 & 2031F |
10 Maldives Hub Motor Market - Competitive Landscape |
10.1 Maldives Hub Motor Market Revenue Share, By Companies, 2024 |
10.2 Maldives Hub Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |