| Product Code: ETC5124819 | 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 |
Maldives witnessed a significant shift in the import landscape of induction motors in 2024, with top exporters being India, Czechia, China, Netherlands, and Poland. The market concentration, as measured by the HHI, decreased from high levels in 2023 to low levels in 2024, indicating a more diversified import market. The impressive compound annual growth rate (CAGR) of 23.54% from 2020 to 2024 highlights the growing demand for induction motors in Maldives. However, the negative growth rate of -28.96% from 2023 to 2024 suggests a recent slowdown in import activities, signaling potential fluctuations in the market.

In the Asia region, the Induction Motor market in Maldives is projected to expand at a high growth rate of 12.71% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

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 Induction Motor Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Induction Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Induction Motor Market - Industry Life Cycle |
3.4 Maldives Induction Motor Market - Porter's Five Forces |
3.5 Maldives Induction Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Induction Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Induction Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Induction Motor Market Trends |
6 Maldives Induction Motor Market Segmentations |
6.1 Maldives Induction Motor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Induction Motor Market Revenues & Volume, By Single Phase, 2021-2031F |
6.1.3 Maldives Induction Motor Market Revenues & Volume, By Three Phase, 2021-2031F |
6.2 Maldives Induction Motor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Induction Motor Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Maldives Induction Motor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Maldives Induction Motor Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.5 Maldives Induction Motor Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.6 Maldives Induction Motor Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Induction Motor Market Import-Export Trade Statistics |
7.1 Maldives Induction Motor Market Export to Major Countries |
7.2 Maldives Induction Motor Market Imports from Major Countries |
8 Maldives Induction Motor Market Key Performance Indicators |
9 Maldives Induction Motor Market - Opportunity Assessment |
9.1 Maldives Induction Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Induction Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Induction Motor Market - Competitive Landscape |
10.1 Maldives Induction Motor Market Revenue Share, By Companies, 2024 |
10.2 Maldives Induction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |