| Product Code: ETC8159843 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives witnessed a significant surge in solar photovoltaic mounting systems import shipments in 2024, with top exporters including China, India, Sri Lanka, Malaysia, and Hong Kong. Despite the high Herfindahl-Hirschman Index (HHI) indicating concentrated market share, the industry experienced exceptional growth with a remarkable compound annual growth rate (CAGR) of 85.03% from 2020 to 2024. However, a slight decline in growth rate from 2023 to 2024 suggests a potential slowdown in the market, highlighting the need for strategic adjustments to sustain the momentum in the coming years.

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 Photovoltaic (PV) Mounting Systems Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Solar Photovoltaic (PV) Mounting Systems Market - Industry Life Cycle |
3.4 Maldives Solar Photovoltaic (PV) Mounting Systems Market - Porter's Five Forces |
3.5 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Maldives Solar Photovoltaic (PV) Mounting Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and policies promoting renewable energy adoption |
4.2.2 Increasing demand for clean energy sources to reduce carbon footprint |
4.2.3 Declining costs of solar PV technology making it more affordable and attractive for consumers |
4.3 Market Restraints |
4.3.1 Limited land availability for solar PV installations in the Maldives |
4.3.2 Lack of skilled workforce for installation and maintenance of solar PV systems |
4.3.3 Dependence on imports for solar PV components leading to supply chain disruptions |
5 Maldives Solar Photovoltaic (PV) Mounting Systems Market Trends |
6 Maldives Solar Photovoltaic (PV) Mounting Systems Market, By Types |
6.1 Maldives Solar Photovoltaic (PV) Mounting Systems Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Fixed, 2021- 2031F |
6.1.4 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Tracking, 2021- 2031F |
6.2 Maldives Solar Photovoltaic (PV) Mounting Systems Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Ground Mounted, 2021- 2031F |
6.2.3 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Rooftop, 2021- 2031F |
6.3 Maldives Solar Photovoltaic (PV) Mounting Systems Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Commercial and Industrial, 2021- 2031F |
6.3.4 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Utility, 2021- 2031F |
7 Maldives Solar Photovoltaic (PV) Mounting Systems Market Import-Export Trade Statistics |
7.1 Maldives Solar Photovoltaic (PV) Mounting Systems Market Export to Major Countries |
7.2 Maldives Solar Photovoltaic (PV) Mounting Systems Market Imports from Major Countries |
8 Maldives Solar Photovoltaic (PV) Mounting Systems Market Key Performance Indicators |
8.1 Average installation time for solar PV mounting systems |
8.2 Percentage of energy demand met by solar PV systems in the Maldives |
8.3 Number of local partnerships and collaborations for solar PV projects |
8.4 Efficiency of solar PV systems in terms of energy generation vs. consumption |
9 Maldives Solar Photovoltaic (PV) Mounting Systems Market - Opportunity Assessment |
9.1 Maldives Solar Photovoltaic (PV) Mounting Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Maldives Solar Photovoltaic (PV) Mounting Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Maldives Solar Photovoltaic (PV) Mounting Systems Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Maldives Solar Photovoltaic (PV) Mounting Systems Market - Competitive Landscape |
10.1 Maldives Solar Photovoltaic (PV) Mounting Systems Market Revenue Share, By Companies, 2024 |
10.2 Maldives Solar Photovoltaic (PV) Mounting Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |