| Product Code: ETC5554922 | 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 |
The Maldives experienced a significant shift in the concentration of infrared thermometer imports in 2024, with a notable increase in the Herfindahl-Hirschman Index (HHI) indicating higher market concentration. The top exporting countries to the Maldives in 2024 were China, Philippines, USA, India, and UK. Despite a negative compound annual growth rate (CAGR) of -17.58% from 2020 to 2024, there was a remarkable growth rate of 91.33% from 2023 to 2024, reflecting a dynamic and rapidly changing market for infrared thermometers in the Maldives.

The Infrared Thermometer market in Maldives is projected to grow at a exponential growth rate of 15.82% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Infrared Thermometer Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Infrared Thermometer Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Infrared Thermometer Market - Industry Life Cycle |
3.4 Maldives Infrared Thermometer Market - Porter's Five Forces |
3.5 Maldives Infrared Thermometer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Infrared Thermometer Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Maldives Infrared Thermometer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Maldives Infrared Thermometer Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Maldives Infrared Thermometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of temperature monitoring for health and safety |
4.2.2 Growing demand for non-contact thermometers due to the COVID-19 pandemic |
4.2.3 Technological advancements leading to the development of more accurate and user-friendly infrared thermometers |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers in the Maldives |
4.3.2 Limited availability of high-quality and reliable infrared thermometers in the market |
4.3.3 Regulatory challenges related to the import and distribution of medical devices in the Maldives |
5 Maldives Infrared Thermometer Market Trends |
6 Maldives Infrared Thermometer Market Segmentations |
6.1 Maldives Infrared Thermometer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Infrared Thermometer Market Revenues & Volume, By Fixed Infrared Thermometer, 2021-2031F | 6.1.4 Maldives Infrared Thermometer Market Revenues & Volume, By Portable Infrared Thermometer, 2021-2031F |
6.2 Maldives Infrared Thermometer Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Maldives Infrared Thermometer Market Revenues & Volume, By Optical Components, 2021-2031F |
6.2.3 Maldives Infrared Thermometer Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.4 Maldives Infrared Thermometer Market Revenues & Volume, By Display and Control Units, 2021-2031F |
6.2.5 Maldives Infrared Thermometer Market Revenues & Volume, By Others, 2021-2031F |
6.3 Maldives Infrared Thermometer Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Infrared Thermometer Market Revenues & Volume, By Non-medical, 2021-2031F |
6.3.3 Maldives Infrared Thermometer Market Revenues & Volume, By Medical, 2021-2031F |
6.4 Maldives Infrared Thermometer Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Maldives Infrared Thermometer Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Maldives Infrared Thermometer Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Maldives Infrared Thermometer Market Revenues & Volume, By Industrial, 2021-2031F |
7 Maldives Infrared Thermometer Market Import-Export Trade Statistics |
7.1 Maldives Infrared Thermometer Market Export to Major Countries |
7.2 Maldives Infrared Thermometer Market Imports from Major Countries |
8 Maldives Infrared Thermometer Market Key Performance Indicators |
8.1 Adoption rate of infrared thermometers in healthcare facilities and public places |
8.2 Number of new product launches and innovations in the Maldives infrared thermometer market |
8.3 Customer satisfaction ratings and feedback on the performance and reliability of infrared thermometers in the Maldives market |
9 Maldives Infrared Thermometer Market - Opportunity Assessment |
9.1 Maldives Infrared Thermometer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Infrared Thermometer Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Maldives Infrared Thermometer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Maldives Infrared Thermometer Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Maldives Infrared Thermometer Market - Competitive Landscape |
10.1 Maldives Infrared Thermometer Market Revenue Share, By Companies, 2024 |
10.2 Maldives Infrared Thermometer 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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