| Product Code: ETC5108327 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Maldives witnessed a shift in the concentration of automotive flasher imports, with a decrease in the Herfindahl-Hirschman Index indicating lower market concentration. Despite a significant negative growth rate from 2023 to 2024, the compound annual growth rate from 2020 to 2024 was exceptionally high at 49.29%. Top exporting countries such as China, UAE, India, Italy, and the USA played a crucial role in supplying automotive flashers to the Maldives market. This data suggests a dynamic and competitive landscape in the automotive flasher import industry in Maldives.

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 Flasher Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Automotive Flasher Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Automotive Flasher Market - Industry Life Cycle |
3.4 Maldives Automotive Flasher Market - Porter's Five Forces |
3.5 Maldives Automotive Flasher Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Automotive Flasher Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Automotive Flasher Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in the Maldives, leading to higher adoption of automotive flashers. |
4.2.2 Stringent regulations mandating the use of safety features in vehicles, including flashers. |
4.2.3 Technological advancements in automotive flasher systems, enhancing their efficiency and durability. |
4.3 Market Restraints |
4.3.1 High import duties and taxes on automotive parts, increasing the overall cost of automotive flashers. |
4.3.2 Limited availability of skilled technicians for installation and maintenance of automotive flashers. |
4.3.3 Seasonal fluctuations in tourist arrivals impacting the demand for vehicles and automotive accessories like flashers. |
5 Maldives Automotive Flasher Market Trends |
6 Maldives Automotive Flasher Market Segmentations |
6.1 Maldives Automotive Flasher Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Automotive Flasher Market Revenues & Volume, By Electronic Flasher, 2021-2031F |
6.1.3 Maldives Automotive Flasher Market Revenues & Volume, By Thermal Flasher, 2021-2031F |
6.2 Maldives Automotive Flasher Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Automotive Flasher Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 Maldives Automotive Flasher Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 Maldives Automotive Flasher Market Import-Export Trade Statistics |
7.1 Maldives Automotive Flasher Market Export to Major Countries |
7.2 Maldives Automotive Flasher Market Imports from Major Countries |
8 Maldives Automotive Flasher Market Key Performance Indicators |
8.1 Average number of vehicles on the road in the Maldives. |
8.2 Rate of adoption of LED technology in automotive flashers. |
8.3 Number of road accidents reported where the lack of functioning flashers was a contributing factor. |
9 Maldives Automotive Flasher Market - Opportunity Assessment |
9.1 Maldives Automotive Flasher Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Automotive Flasher Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Automotive Flasher Market - Competitive Landscape |
10.1 Maldives Automotive Flasher Market Revenue Share, By Companies, 2024 |
10.2 Maldives Automotive Flasher Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |