| Product Code: ETC10277374 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Maldives saw a significant increase in import shipments of solar district heating systems, with top exporters being China, Germany, Poland, Italy, and India. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), rose from high to very high in just one year, indicating a more concentrated market. Despite a decline in growth rate from the previous year, the impressive compound annual growth rate (CAGR) of 31.4% over the 2020-2024 period highlights the strong demand for solar district heating solutions in 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 Solar District Heating Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Solar District Heating Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Solar District Heating Market - Industry Life Cycle |
3.4 Maldives Solar District Heating Market - Porter's Five Forces |
3.5 Maldives Solar District Heating Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Solar District Heating Market Revenues & Volume Share, By Collector Technology, 2021 & 2031F |
3.7 Maldives Solar District Heating Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Maldives Solar District Heating Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Maldives Solar District Heating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and policies promoting renewable energy sources in the Maldives |
4.2.2 Rising awareness about the benefits of solar district heating systems in terms of energy efficiency and cost savings |
4.2.3 Growing demand for sustainable and environmentally friendly heating solutions in the Maldives |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up solar district heating systems |
4.3.2 Lack of technical expertise and skilled manpower for designing, installing, and maintaining solar heating systems in the Maldives |
4.3.3 Challenges related to intermittency of solar energy supply affecting the reliability of district heating systems |
5 Maldives Solar District Heating Market Trends |
6 Maldives Solar District Heating Market, By Types |
6.1 Maldives Solar District Heating Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Solar District Heating Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Maldives Solar District Heating Market Revenues & Volume, By Small Scale District Heating, 2021 - 2031F |
6.1.4 Maldives Solar District Heating Market Revenues & Volume, By Large Scale District Heating, 2021 - 2031F |
6.1.5 Maldives Solar District Heating Market Revenues & Volume, By Hybrid Solar District Heating, 2021 - 2031F |
6.1.6 Maldives Solar District Heating Market Revenues & Volume, By Seasonal Storage Systems, 2021 - 2031F |
6.2 Maldives Solar District Heating Market, By Collector Technology |
6.2.1 Overview and Analysis |
6.2.2 Maldives Solar District Heating Market Revenues & Volume, By Flat Plate Collectors, 2021 - 2031F |
6.2.3 Maldives Solar District Heating Market Revenues & Volume, By Evacuated Tube Collectors, 2021 - 2031F |
6.2.4 Maldives Solar District Heating Market Revenues & Volume, By Parabolic Trough Collectors, 2021 - 2031F |
6.2.5 Maldives Solar District Heating Market Revenues & Volume, By Thermal Storage, 2021 - 2031F |
6.3 Maldives Solar District Heating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Solar District Heating Market Revenues & Volume, By Residential Heating, 2021 - 2031F |
6.3.3 Maldives Solar District Heating Market Revenues & Volume, By Commercial Buildings, 2021 - 2031F |
6.3.4 Maldives Solar District Heating Market Revenues & Volume, By Industrial Process Heating, 2021 - 2031F |
6.3.5 Maldives Solar District Heating Market Revenues & Volume, By Grid Integration, 2021 - 2031F |
6.4 Maldives Solar District Heating Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Maldives Solar District Heating Market Revenues & Volume, By Residential, 2021 - 2031F |
6.4.3 Maldives Solar District Heating Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Maldives Solar District Heating Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.5 Maldives Solar District Heating Market Revenues & Volume, By Utility, 2021 - 2031F |
7 Maldives Solar District Heating Market Import-Export Trade Statistics |
7.1 Maldives Solar District Heating Market Export to Major Countries |
7.2 Maldives Solar District Heating Market Imports from Major Countries |
8 Maldives Solar District Heating Market Key Performance Indicators |
8.1 Percentage increase in the number of solar district heating projects implemented annually |
8.2 Average annual energy savings achieved by adopting solar district heating systems |
8.3 Percentage growth in the adoption of solar thermal energy in the overall energy mix of the Maldives |
9 Maldives Solar District Heating Market - Opportunity Assessment |
9.1 Maldives Solar District Heating Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Solar District Heating Market Opportunity Assessment, By Collector Technology, 2021 & 2031F |
9.3 Maldives Solar District Heating Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Maldives Solar District Heating Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Maldives Solar District Heating Market - Competitive Landscape |
10.1 Maldives Solar District Heating Market Revenue Share, By Companies, 2024 |
10.2 Maldives Solar District Heating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |