| Product Code: ETC5180945 | 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 |
The Maldives drilling and tapping machine import market in 2024 continued to see significant imports from top countries such as China, India, Singapore, Seychelles, and Sri Lanka. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a steep decline with a negative Compound Annual Growth Rate (CAGR) of -40.14% from 2020 to 2024. The growth rate in 2024 also saw a significant downturn of -48.25% compared to the previous year, indicating challenges in the market that may have impacted import volumes.

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 Drilling and Tapping Machine Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Drilling and Tapping Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Drilling and Tapping Machine Market - Industry Life Cycle |
3.4 Maldives Drilling and Tapping Machine Market - Porter's Five Forces |
3.5 Maldives Drilling and Tapping Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Drilling and Tapping Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Drilling and Tapping Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure development projects in the Maldives |
4.2.2 Growing demand for precision engineering and manufacturing processes |
4.2.3 Technological advancements leading to more efficient drilling and tapping machines |
4.3 Market Restraints |
4.3.1 High initial investment cost for drilling and tapping machines |
4.3.2 Limited availability of skilled workforce for operating advanced machines |
4.3.3 Environmental regulations impacting the use of drilling and tapping machines in certain areas |
5 Maldives Drilling and Tapping Machine Market Trends |
6 Maldives Drilling and Tapping Machine Market Segmentations |
6.1 Maldives Drilling and Tapping Machine Market, By Type |
6.1.1 Overview and Analysis | 6.1.3 Maldives Drilling and Tapping Machine Market Revenues & Volume, By Portable Dose Rate Monitor, 2021-2031F |
6.1.3 Maldives Drilling and Tapping Machine Market Revenues & Volume, By Handheld Dose Rate Monitor, 2021-2031F |
6.2 Maldives Drilling and Tapping Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Drilling and Tapping Machine Market Revenues & Volume, By Radiation Monitoring, 2021-2031F |
6.2.3 Maldives Drilling and Tapping Machine Market Revenues & Volume, By Radiation Clean-up, 2021-2031F |
6.2.4 Maldives Drilling and Tapping Machine Market Revenues & Volume, By NuclearMedicine, 2021-2031F |
6.2.5 Maldives Drilling and Tapping Machine Market Revenues & Volume, By Non Destructive Testing, 2021-2031F |
7 Maldives Drilling and Tapping Machine Market Import-Export Trade Statistics |
7.1 Maldives Drilling and Tapping Machine Market Export to Major Countries |
7.2 Maldives Drilling and Tapping Machine Market Imports from Major Countries |
8 Maldives Drilling and Tapping Machine Market Key Performance Indicators |
8.1 Percentage increase in demand for drilling and tapping machines in the Maldives |
8.2 Adoption rate of advanced drilling and tapping technologies in the market |
8.3 Number of infrastructure projects utilizing drilling and tapping machines |
8.4 Average downtime of drilling and tapping machines due to maintenance issues |
9 Maldives Drilling and Tapping Machine Market - Opportunity Assessment |
9.1 Maldives Drilling and Tapping Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Drilling and Tapping Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Drilling and Tapping Machine Market - Competitive Landscape |
10.1 Maldives Drilling and Tapping Machine Market Revenue Share, By Companies, 2024 |
10.2 Maldives Drilling and Tapping Machine 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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