| Product Code: ETC5165118 | 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 |
Maldives saw a decline in automotive gears import shipments in 2024 with a negative CAGR of -14.06% over the period of 2020-24. The top exporting countries to Maldives in 2024 were China, Japan, India, Netherlands, and UAE. Despite a decrease in growth rate from 2023 to 2024 at -27.18%, the Herfindahl-Hirschman Index (HHI) indicated a moderate concentration in the market. This data suggests a challenging market environment for automotive gear imports in Maldives, potentially impacted by global economic factors and changing consumer preferences.

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 Gears Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Automotive Gears Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Automotive Gears Market - Industry Life Cycle |
3.4 Maldives Automotive Gears Market - Porter's Five Forces |
3.5 Maldives Automotive Gears Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Maldives Automotive Gears Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Maldives Automotive Gears Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Maldives Automotive Gears Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in the Maldives |
4.2.2 Growth in the automotive industry and rise in vehicle production |
4.2.3 Technological advancements leading to the development of advanced automotive gears |
4.3 Market Restraints |
4.3.1 High import duties and taxes affecting the cost of automotive gears |
4.3.2 Limited availability of skilled labor for manufacturing and maintenance of automotive gears |
5 Maldives Automotive Gears Market Trends |
6 Maldives Automotive Gears Market Segmentations |
6.1 Maldives Automotive Gears Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Maldives Automotive Gears Market Revenues & Volume, By Transmission, 2021-2031F |
6.1.3 Maldives Automotive Gears Market Revenues & Volume, By Differential, 2021-2031F |
6.1.4 Maldives Automotive Gears Market Revenues & Volume, By Steering System, 2021-2031F |
6.1.5 Maldives Automotive Gears Market Revenues & Volume, By Other, 2021-2031F |
6.2 Maldives Automotive Gears Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Automotive Gears Market Revenues & Volume, By Planetary, 2021-2031F |
6.2.3 Maldives Automotive Gears Market Revenues & Volume, By Bevel, 2021-2031F |
6.2.4 Maldives Automotive Gears Market Revenues & Volume, By Rack & Pinion, 2021-2031F |
6.2.5 Maldives Automotive Gears Market Revenues & Volume, By Hypoid, 2021-2031F |
6.2.6 Maldives Automotive Gears Market Revenues & Volume, By Worm, 2021-2031F |
6.2.7 Maldives Automotive Gears Market Revenues & Volume, By Helical, 2021-2031F |
6.2.8 Maldives Automotive Gears Market Revenues & Volume, By , 2021-2031F |
6.2.9 Maldives Automotive Gears Market Revenues & Volume, By , 2021-2031F |
6.3 Maldives Automotive Gears Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Maldives Automotive Gears Market Revenues & Volume, By Metallic, 2021-2031F |
6.3.3 Maldives Automotive Gears Market Revenues & Volume, By Non-Metallic, 2021-2031F |
7 Maldives Automotive Gears Market Import-Export Trade Statistics |
7.1 Maldives Automotive Gears Market Export to Major Countries |
7.2 Maldives Automotive Gears Market Imports from Major Countries |
8 Maldives Automotive Gears Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles in the Maldives |
8.2 Number of new vehicle launches in the market |
8.3 Adoption rate of advanced automotive gear technologies |
9 Maldives Automotive Gears Market - Opportunity Assessment |
9.1 Maldives Automotive Gears Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Maldives Automotive Gears Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Maldives Automotive Gears Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Maldives Automotive Gears Market - Competitive Landscape |
10.1 Maldives Automotive Gears Market Revenue Share, By Companies, 2024 |
10.2 Maldives Automotive Gears Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |