| Product Code: ETC8146249 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives saw a significant shift in its connected street lighting import market in 2024, with top exporters being China, Singapore, India, Japan, and Austria. The market concentration, as measured by the HHI, increased from moderate to high in just one year, indicating a more consolidated market landscape. Despite a negative CAGR of -2.69% from 2020 to 2024, the growth rate in 2024 plummeted by -13.8%, suggesting challenges in the market. This trend highlights the need for stakeholders to adapt to changing dynamics and explore opportunities for sustainable growth in the connected street lighting sector in the 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 Connected (Smart) Street Lighting Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Connected (Smart) Street Lighting Market - Industry Life Cycle |
3.4 Maldives Connected (Smart) Street Lighting Market - Porter's Five Forces |
3.5 Maldives Connected (Smart) Street Lighting Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Maldives Connected (Smart) Street Lighting Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Maldives Connected (Smart) Street Lighting Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Maldives Connected (Smart) Street Lighting Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Maldives Connected (Smart) Street Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and regulations promoting energy efficiency and smart city development |
4.2.2 Increasing urbanization and population growth leading to higher demand for smart street lighting solutions |
4.2.3 Technological advancements in IoT and connected devices driving the adoption of smart street lighting systems |
4.3 Market Restraints |
4.3.1 High initial investment cost for installing smart street lighting infrastructure |
4.3.2 Lack of skilled workforce for maintenance and operation of smart lighting systems |
4.3.3 Concerns regarding data security and privacy with connected street lighting networks |
5 Maldives Connected (Smart) Street Lighting Market Trends |
6 Maldives Connected (Smart) Street Lighting Market, By Types |
6.1 Maldives Connected (Smart) Street Lighting Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Maldives Connected (Smart) Street Lighting Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Wired, 2021- 2031F |
6.2.3 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Wireless, 2021- 2031F |
6.3 Maldives Connected (Smart) Street Lighting Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Direct, 2021- 2031F |
6.3.3 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Indirect, 2021- 2031F |
6.4 Maldives Connected (Smart) Street Lighting Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Government, 2021- 2031F |
6.4.3 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.5 Maldives Connected (Smart) Street Lighting Market Revenues & Volume, By Residential, 2021- 2031F |
7 Maldives Connected (Smart) Street Lighting Market Import-Export Trade Statistics |
7.1 Maldives Connected (Smart) Street Lighting Market Export to Major Countries |
7.2 Maldives Connected (Smart) Street Lighting Market Imports from Major Countries |
8 Maldives Connected (Smart) Street Lighting Market Key Performance Indicators |
8.1 Energy savings achieved through the implementation of smart street lighting solutions |
8.2 Reduction in maintenance costs and downtime compared to traditional street lighting systems |
8.3 Increase in overall safety and security metrics in areas with smart street lighting installations |
9 Maldives Connected (Smart) Street Lighting Market - Opportunity Assessment |
9.1 Maldives Connected (Smart) Street Lighting Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Maldives Connected (Smart) Street Lighting Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Maldives Connected (Smart) Street Lighting Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Maldives Connected (Smart) Street Lighting Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Maldives Connected (Smart) Street Lighting Market - Competitive Landscape |
10.1 Maldives Connected (Smart) Street Lighting Market Revenue Share, By Companies, 2024 |
10.2 Maldives Connected (Smart) Street Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |