| Product Code: ETC8147893 | 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 EV motor manufacturers import shipments in 2024 saw significant growth, with top exporting countries being China, Spain, India, USA, and Japan. The market concentration, as measured by the HHI, increased from low to very high in 2024, indicating a shift towards more dominant suppliers. The impressive CAGR of 43.66% from 2020 to 2024 highlights the rapid expansion of the market, while the remarkable growth rate of 339.17% from 2023 to 2024 underscores the escalating demand for EV motors 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 EV Motor Manufacturers Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives EV Motor Manufacturers Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives EV Motor Manufacturers Market - Industry Life Cycle |
3.4 Maldives EV Motor Manufacturers Market - Porter's Five Forces |
3.5 Maldives EV Motor Manufacturers Market Revenues & Volume Share, By Assembly, 2021 & 2031F |
3.6 Maldives EV Motor Manufacturers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives EV Motor Manufacturers Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.8 Maldives EV Motor Manufacturers Market Revenues & Volume Share, By Power, 2021 & 2031F |
4 Maldives EV Motor Manufacturers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for electric vehicles in the Maldives |
4.2.2 Growing awareness and concern for environmental sustainability among consumers |
4.2.3 Technological advancements leading to improved performance and affordability of EV motors in the market |
4.3 Market Restraints |
4.3.1 High initial cost and limited charging infrastructure for electric vehicles in the Maldives |
4.3.2 Lack of skilled workforce for manufacturing and maintenance of EV motors |
4.3.3 Regulatory challenges and uncertainties impacting market entry and operations for manufacturers |
5 Maldives EV Motor Manufacturers Market Trends |
6 Maldives EV Motor Manufacturers Market, By Types |
6.1 Maldives EV Motor Manufacturers Market, By Assembly |
6.1.1 Overview and Analysis |
6.1.2 Maldives EV Motor Manufacturers Market Revenues & Volume, By Assembly, 2021- 2031F |
6.1.3 Maldives EV Motor Manufacturers Market Revenues & Volume, By Wheel Hub, 2021- 2031F |
6.1.4 Maldives EV Motor Manufacturers Market Revenues & Volume, By Central Power Train, 2021- 2031F |
6.2 Maldives EV Motor Manufacturers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives EV Motor Manufacturers Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Maldives EV Motor Manufacturers Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3 Maldives EV Motor Manufacturers Market, By Motor Type |
6.3.1 Overview and Analysis |
6.3.2 Maldives EV Motor Manufacturers Market Revenues & Volume, By Brushless DC Motor, 2021- 2031F |
6.3.3 Maldives EV Motor Manufacturers Market Revenues & Volume, By Permanent Magnet Synchronous Motor, 2021- 2031F |
6.3.4 Maldives EV Motor Manufacturers Market Revenues & Volume, By Asynchronous Motor, 2021- 2031F |
6.3.5 Maldives EV Motor Manufacturers Market Revenues & Volume, By Synchronous Reluctance Motor, 2021- 2031F |
6.4 Maldives EV Motor Manufacturers Market, By Power |
6.4.1 Overview and Analysis |
6.4.2 Maldives EV Motor Manufacturers Market Revenues & Volume, By Up to 100 kW, 2021- 2031F |
6.4.3 Maldives EV Motor Manufacturers Market Revenues & Volume, By 101-250 kW, 2021- 2031F |
6.4.4 Maldives EV Motor Manufacturers Market Revenues & Volume, By Above 250 kW, 2021- 2031F |
7 Maldives EV Motor Manufacturers Market Import-Export Trade Statistics |
7.1 Maldives EV Motor Manufacturers Market Export to Major Countries |
7.2 Maldives EV Motor Manufacturers Market Imports from Major Countries |
8 Maldives EV Motor Manufacturers Market Key Performance Indicators |
8.1 Average time to market for new EV motor models |
8.3 Employee training hours dedicated to enhancing skills in EV motor manufacturing |
8.4 Number of strategic partnerships and collaborations with local suppliers for components |
8.5 Customer satisfaction and feedback on product quality and performance |
9 Maldives EV Motor Manufacturers Market - Opportunity Assessment |
9.1 Maldives EV Motor Manufacturers Market Opportunity Assessment, By Assembly, 2021 & 2031F |
9.2 Maldives EV Motor Manufacturers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives EV Motor Manufacturers Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.4 Maldives EV Motor Manufacturers Market Opportunity Assessment, By Power, 2021 & 2031F |
10 Maldives EV Motor Manufacturers Market - Competitive Landscape |
10.1 Maldives EV Motor Manufacturers Market Revenue Share, By Companies, 2024 |
10.2 Maldives EV Motor Manufacturers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |