| Product Code: ETC5164852 | 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 | |
Despite the high Herfindahl-Hirschman Index (HHI) indicating a concentrated market, the Maldives automotive engine import shipments in 2024 saw a decline in both the compound annual growth rate (CAGR) from 2020-24 and the growth rate from 2023-24. Top exporting countries such as Japan, Sri Lanka, China, UAE, and Germany continue to play a significant role in supplying automotive engines to the Maldives. The negative growth rates suggest potential challenges or shifts in the market dynamics that industry players should monitor closely for future strategic planning.
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 Automotive Engine Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Automotive Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Automotive Engine Market - Industry Life Cycle |
3.4 Maldives Automotive Engine Market - Porter's Five Forces |
3.5 Maldives Automotive Engine Market Revenues & Volume Share, By Placement Type, 2021 & 2031F |
3.6 Maldives Automotive Engine Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Maldives Automotive Engine Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Maldives Automotive Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in tourism industry leading to increased demand for transportation services using vehicles. |
4.2.2 Infrastructure development initiatives boosting the need for automotive engines for construction and logistics purposes. |
4.2.3 Rising disposable income and urbanization driving the demand for personal vehicles, thus fueling the automotive engine market in the Maldives. |
4.3 Market Restraints |
4.3.1 High import duties and taxes on automotive engines impacting the cost and affordability for consumers. |
4.3.2 Limited availability of skilled workforce for engine maintenance and repair services in the Maldives. |
4.3.3 Environmental concerns leading to a shift towards electric vehicles, potentially affecting the demand for traditional automotive engines. |
5 Maldives Automotive Engine Market Trends |
6 Maldives Automotive Engine Market Segmentations |
6.1 Maldives Automotive Engine Market, By Placement Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Automotive Engine Market Revenues & Volume, By In-line Engine, 2021-2031F |
6.1.3 Maldives Automotive Engine Market Revenues & Volume, By W Engine, 2021-2031F |
6.1.4 Maldives Automotive Engine Market Revenues & Volume, By V-Type, 2021-2031F |
6.2 Maldives Automotive Engine Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Automotive Engine Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Maldives Automotive Engine Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.3 Maldives Automotive Engine Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Maldives Automotive Engine Market Revenues & Volume, By Gasoline, 2021-2031F |
6.3.3 Maldives Automotive Engine Market Revenues & Volume, By Diesel, 2021-2031F |
6.3.4 Maldives Automotive Engine Market Revenues & Volume, By Other Fuel Types, 2021-2031F |
7 Maldives Automotive Engine Market Import-Export Trade Statistics |
7.1 Maldives Automotive Engine Market Export to Major Countries |
7.2 Maldives Automotive Engine Market Imports from Major Countries |
8 Maldives Automotive Engine Market Key Performance Indicators |
8.1 Average age of vehicles in the Maldives. |
8.2 Number of new vehicle registrations annually. |
8.3 Adoption rate of clean energy vehicles in the automotive market. |
8.4 Average fuel efficiency of vehicles in the Maldives. |
8.5 Investment in infrastructure projects requiring automotive engine usage. |
9 Maldives Automotive Engine Market - Opportunity Assessment |
9.1 Maldives Automotive Engine Market Opportunity Assessment, By Placement Type, 2021 & 2031F |
9.2 Maldives Automotive Engine Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Maldives Automotive Engine Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Maldives Automotive Engine Market - Competitive Landscape |
10.1 Maldives Automotive Engine Market Revenue Share, By Companies, 2024 |
10.2 Maldives Automotive Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |