| Product Code: ETC5771313 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Maldives small marine engines import market continued to thrive in 2024, with top exporting countries including Japan, USA, UAE, China, and Thailand. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for new entrants. The impressive compound annual growth rate (CAGR) of 34.08% from 2020 to 2024 underscores the strong demand for small marine engines in the Maldives. Moreover, the growth rate of 21.87% from 2023 to 2024 signals sustained momentum in the market, making it an attractive sector for stakeholders to monitor and explore opportunities.

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 Small Marine Engines Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Small Marine Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Small Marine Engines Market - Industry Life Cycle |
3.4 Maldives Small Marine Engines Market - Porter's Five Forces |
3.5 Maldives Small Marine Engines Market Revenues & Volume Share, By Model, 2021 & 2031F |
3.6 Maldives Small Marine Engines Market Revenues & Volume Share, By Placement, 2021 & 2031F |
3.7 Maldives Small Marine Engines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Small Marine Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in marine tourism industry in Maldives, leading to increased demand for small marine engines. |
4.2.2 Rising interest in recreational boating activities among locals and tourists. |
4.2.3 Government initiatives promoting sustainable marine transportation solutions. |
4.3 Market Restraints |
4.3.1 High import duties on small marine engines, affecting affordability. |
4.3.2 Limited availability of skilled technicians for maintenance and repair of marine engines. |
4.3.3 Environmental regulations impacting the use of certain types of marine engines. |
5 Maldives Small Marine Engines Market Trends |
6 Maldives Small Marine Engines Market Segmentations |
6.1 Maldives Small Marine Engines Market, By Model |
6.1.1 Overview and Analysis |
6.1.2 Maldives Small Marine Engines Market Revenues & Volume, By Gasoline, 2021-2031F |
6.1.3 Maldives Small Marine Engines Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.4 Maldives Small Marine Engines Market Revenues & Volume, By Electric, 2021-2031F |
6.2 Maldives Small Marine Engines Market, By Placement |
6.2.1 Overview and Analysis |
6.2.2 Maldives Small Marine Engines Market Revenues & Volume, By Outboard, 2021-2031F |
6.2.3 Maldives Small Marine Engines Market Revenues & Volume, By Inboard, 2021-2031F |
6.3 Maldives Small Marine Engines Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Small Marine Engines Market Revenues & Volume, By Recreational Boats, 2021-2031F |
6.3.3 Maldives Small Marine Engines Market Revenues & Volume, By Support Vessels, 2021-2031F |
6.3.4 Maldives Small Marine Engines Market Revenues & Volume, By Coastal Boats, 2021-2031F |
6.3.5 Maldives Small Marine Engines Market Revenues & Volume, By Fishing Boats, 2021-2031F |
7 Maldives Small Marine Engines Market Import-Export Trade Statistics |
7.1 Maldives Small Marine Engines Market Export to Major Countries |
7.2 Maldives Small Marine Engines Market Imports from Major Countries |
8 Maldives Small Marine Engines Market Key Performance Indicators |
8.1 Average age of small marine engines in operation. |
8.2 Adoption rate of eco-friendly marine engines in the market. |
8.3 Number of new boat registrations in Maldives. |
9 Maldives Small Marine Engines Market - Opportunity Assessment |
9.1 Maldives Small Marine Engines Market Opportunity Assessment, By Model, 2021 & 2031F |
9.2 Maldives Small Marine Engines Market Opportunity Assessment, By Placement, 2021 & 2031F |
9.3 Maldives Small Marine Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Small Marine Engines Market - Competitive Landscape |
10.1 Maldives Small Marine Engines Market Revenue Share, By Companies, 2024 |
10.2 Maldives Small Marine Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |