| Product Code: ETC5074013 | 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 | |
The Maldives continues to rely on imported electric generator sets, with India, China, Singapore, Italy, and Spain emerging as the top exporting countries in 2024. The market concentration, as measured by HHI, has significantly increased, indicating a high level of dominance by these key players. The impressive CAGR of 28.31% from 2020 to 2024 highlights the robust growth in demand for electric generator sets in the Maldives. Moreover, the striking growth rate of 169.23% from 2023 to 2024 underscores the escalating pace of development in this sector.
| 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 Electric Generator Sets Market Overview | 
| 3.1 Maldives Country Macro Economic Indicators | 
| 3.2 Maldives Electric Generator Sets Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Maldives Electric Generator Sets Market - Industry Life Cycle | 
| 3.4 Maldives Electric Generator Sets Market - Porter's Five Forces | 
| 3.5 Maldives Electric Generator Sets Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F | 
| 3.6 Maldives Electric Generator Sets Market Revenues & Volume Share, By Product Type, 2021 & 2031F | 
| 3.7 Maldives Electric Generator Sets Market Revenues & Volume Share, By Fuel Source, 2021 & 2031F | 
| 3.8 Maldives Electric Generator Sets Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.9 Maldives Electric Generator Sets Market Revenues & Volume Share, By End Users, 2021 & 2031F | 
| 4 Maldives Electric Generator Sets Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growth in tourism industry in Maldives leading to increased demand for reliable power supply | 
| 4.2.2 Government initiatives to improve infrastructure and power generation capabilities | 
| 4.2.3 Rising frequency of power outages due to environmental factors increasing the need for backup power solutions | 
| 4.3 Market Restraints | 
| 4.3.1 High initial investment costs associated with purchasing and installing electric generator sets | 
| 4.3.2 Dependency on imported fuel for generator operation leading to vulnerability to fluctuations in fuel prices | 
| 4.3.3 Limited availability of skilled technicians for maintenance and repair of generator sets | 
| 5 Maldives Electric Generator Sets Market Trends | 
| 6 Maldives Electric Generator Sets Market Segmentations | 
| 6.1 Maldives Electric Generator Sets Market, By Rated Capacity | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Maldives Electric Generator Sets Market Revenues & Volume, By Less than 125 MVA, 2021-2031F | 
| 6.1.3 Maldives Electric Generator Sets Market Revenues & Volume, By 125-300 MVA, 2021-2031F | 
| 6.1.4 Maldives Electric Generator Sets Market Revenues & Volume, By 300-700 MVA, 2021-2031F | 
| 6.1.5 Maldives Electric Generator Sets Market Revenues & Volume, By 700-1000 MVA, 2021-2031F | 
| 6.1.6 Maldives Electric Generator Sets Market Revenues & Volume, By Above 1000 MVA, 2021-2031F | 
| 6.2 Maldives Electric Generator Sets Market, By Product Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Maldives Electric Generator Sets Market Revenues & Volume, By AC Generator, 2021-2031F | 
| 6.2.3 Maldives Electric Generator Sets Market Revenues & Volume, By Stationary Field Synchronous, 2021-2031F | 
| 6.2.4 Maldives Electric Generator Sets Market Revenues & Volume, By Rotating Field Synchronous, 2021-2031F | 
| 6.2.5 Maldives Electric Generator Sets Market Revenues & Volume, By Permanent Magnet, 2021-2031F | 
| 6.2.6 Maldives Electric Generator Sets Market Revenues & Volume, By Variable/Switched Reluctance, 2021-2031F | 
| 6.2.7 Maldives Electric Generator Sets Market Revenues & Volume, By Induction Generators, 2021-2031F | 
| 6.2.8 Maldives Electric Generator Sets Market Revenues & Volume, By Others, 2021-2031F | 
| 6.2.9 Maldives Electric Generator Sets Market Revenues & Volume, By Others, 2021-2031F | 
| 6.3 Maldives Electric Generator Sets Market, By Fuel Source | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Maldives Electric Generator Sets Market Revenues & Volume, By Diesel Generators, 2021-2031F | 
| 6.3.3 Maldives Electric Generator Sets Market Revenues & Volume, By Gas Generators, 2021-2031F | 
| 6.3.4 Maldives Electric Generator Sets Market Revenues & Volume, By Others? , 2021-2031F | 
| 6.4 Maldives Electric Generator Sets Market, By Application | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Maldives Electric Generator Sets Market Revenues & Volume, By Standby, 2021-2031F | 
| 6.4.3 Maldives Electric Generator Sets Market Revenues & Volume, By Continuous, 2021-2031F | 6.4.4 Maldives Electric Generator Sets Market Revenues & Volume, By Portable, 2021-2031F | 
| 6.5 Maldives Electric Generator Sets Market, By End Users | 
| 6.5.1 Overview and Analysis | 
| 6.5.2 Maldives Electric Generator Sets Market Revenues & Volume, By Commercial, 2021-2031F | 
| 6.5.3 Maldives Electric Generator Sets Market Revenues & Volume, By Residential, 2021-2031F | 
| 6.5.4 Maldives Electric Generator Sets Market Revenues & Volume, By Industrial, 2021-2031F | 
| 7 Maldives Electric Generator Sets Market Import-Export Trade Statistics | 
| 7.1 Maldives Electric Generator Sets Market Export to Major Countries | 
| 7.2 Maldives Electric Generator Sets Market Imports from Major Countries | 
| 8 Maldives Electric Generator Sets Market Key Performance Indicators | 
| 8.1 Average uptime percentage of electric generator sets in Maldives | 
| 8.2 Number of new hotel/resort developments in Maldives | 
| 8.3 Frequency of power outages in key regions of Maldives | 
| 9 Maldives Electric Generator Sets Market - Opportunity Assessment | 
| 9.1 Maldives Electric Generator Sets Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F | 
| 9.2 Maldives Electric Generator Sets Market Opportunity Assessment, By Product Type, 2021 & 2031F | 
| 9.3 Maldives Electric Generator Sets Market Opportunity Assessment, By Fuel Source, 2021 & 2031F | 
| 9.4 Maldives Electric Generator Sets Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.5 Maldives Electric Generator Sets Market Opportunity Assessment, By End Users, 2021 & 2031F | 
| 10 Maldives Electric Generator Sets Market - Competitive Landscape | 
| 10.1 Maldives Electric Generator Sets Market Revenue Share, By Companies, 2024 | 
| 10.2 Maldives Electric Generator Sets Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |