| Product Code: ETC8148008 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives continues to heavily rely on imported electric generators, with key suppliers being India, China, Singapore, Italy, and Spain in 2024. The market shows signs of increasing concentration, with a very high HHI in 2024 compared to 2023. The impressive CAGR of 28.31% from 2020 to 2024 indicates strong market growth, while the exceptional growth rate of 169.23% from 2023 to 2024 highlights a significant surge in demand for electric generators in the Maldives. This data suggests a thriving market with key players dominating the import landscape.

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 Generators Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Electric Generators Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Electric Generators Market - Industry Life Cycle |
3.4 Maldives Electric Generators Market - Porter's Five Forces |
3.5 Maldives Electric Generators Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Maldives Electric Generators Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Maldives Electric Generators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable power supply in the Maldives due to growing tourism industry |
4.2.2 Government initiatives to improve electricity access and infrastructure in remote islands |
4.2.3 Rise in construction activities and infrastructure development projects in the Maldives |
4.3 Market Restraints |
4.3.1 High initial investment costs for electric generators |
4.3.2 Limited availability of skilled technicians for installation and maintenance of generators |
4.3.3 Environmental concerns and regulations related to emissions and noise pollution |
5 Maldives Electric Generators Market Trends |
6 Maldives Electric Generators Market, By Types |
6.1 Maldives Electric Generators Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Maldives Electric Generators Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Maldives Electric Generators Market Revenues & Volume, By Below 75 kVA, 2021- 2031F |
6.1.4 Maldives Electric Generators Market Revenues & Volume, By 75 kVA - 350 kVA, 2021- 2031F |
6.1.5 Maldives Electric Generators Market Revenues & Volume, By Above 350 kVA, 2021- 2031F |
6.2 Maldives Electric Generators Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Maldives Electric Generators Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Maldives Electric Generators Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 Maldives Electric Generators Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Maldives Electric Generators Market Import-Export Trade Statistics |
7.1 Maldives Electric Generators Market Export to Major Countries |
7.2 Maldives Electric Generators Market Imports from Major Countries |
8 Maldives Electric Generators Market Key Performance Indicators |
8.1 Average utilization rate of electric generators in the Maldives |
8.2 Number of new electricity access points connected to electric generators |
8.3 Percentage of electricity demand met by electric generators |
9 Maldives Electric Generators Market - Opportunity Assessment |
9.1 Maldives Electric Generators Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Maldives Electric Generators Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Maldives Electric Generators Market - Competitive Landscape |
10.1 Maldives Electric Generators Market Revenue Share, By Companies, 2024 |
10.2 Maldives Electric Generators 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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