| Product Code: ETC5765727 | 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 submarine power cable import market continues to thrive, with significant shipments coming from top exporting countries such as China, Sri Lanka, UAE, India, and Singapore in 2024. The High Herfindahl-Hirschman Index (HHI) indicates a high concentration of market share among these key players. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 23.11%, showcasing sustained growth and demand. Moreover, the growth rate from 2023 to 2024 surged to 34.69%, underscoring the increasing importance and reliance on submarine power cables 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 Submarine Power Cable Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Submarine Power Cable Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Submarine Power Cable Market - Industry Life Cycle |
3.4 Maldives Submarine Power Cable Market - Porter's Five Forces |
3.5 Maldives Submarine Power Cable Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Submarine Power Cable Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Maldives Submarine Power Cable Market Revenues & Volume Share, By Conductor Material, 2021 & 2031F |
3.8 Maldives Submarine Power Cable Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Maldives Submarine Power Cable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in the Maldives |
4.2.2 Government initiatives to improve energy infrastructure and reduce dependency on imported fossil fuels |
4.2.3 Growth in tourism industry leading to higher energy consumption and infrastructure development |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with submarine power cable installation |
4.3.2 Technical challenges related to maintenance and repair of underwater cables |
4.3.3 Environmental concerns and regulations regarding marine ecosystem impact |
5 Maldives Submarine Power Cable Market Trends |
6 Maldives Submarine Power Cable Market Segmentations |
6.1 Maldives Submarine Power Cable Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Submarine Power Cable Market Revenues & Volume, By Single, 2021-2031F |
6.1.3 Maldives Submarine Power Cable Market Revenues & Volume, By Multicore, 2021-2031F |
6.2 Maldives Submarine Power Cable Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Maldives Submarine Power Cable Market Revenues & Volume, By Medium, 2021-2031F |
6.2.3 Maldives Submarine Power Cable Market Revenues & Volume, By High, 2021-2031F |
6.3 Maldives Submarine Power Cable Market, By Conductor Material |
6.3.1 Overview and Analysis |
6.3.2 Maldives Submarine Power Cable Market Revenues & Volume, By Copper, 2021-2031F |
6.3.3 Maldives Submarine Power Cable Market Revenues & Volume, By Aluminum, 2021-2031F |
6.4 Maldives Submarine Power Cable Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Maldives Submarine Power Cable Market Revenues & Volume, By Offshore wind? power generation, 2021-2031F |
6.4.3 Maldives Submarine Power Cable Market Revenues & Volume, By Inter-country and island connection, 2021-2031F |
6.4.4 Maldives Submarine Power Cable Market Revenues & Volume, By Offshore oil & gas, 2021-2031F |
7 Maldives Submarine Power Cable Market Import-Export Trade Statistics |
7.1 Maldives Submarine Power Cable Market Export to Major Countries |
7.2 Maldives Submarine Power Cable Market Imports from Major Countries |
8 Maldives Submarine Power Cable Market Key Performance Indicators |
8.1 Average capacity utilization rate of submarine power cables |
8.2 Number of new renewable energy projects connected through submarine power cables |
8.3 Average downtime for submarine power cable systems due to maintenance or repair issues |
9 Maldives Submarine Power Cable Market - Opportunity Assessment |
9.1 Maldives Submarine Power Cable Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Submarine Power Cable Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Maldives Submarine Power Cable Market Opportunity Assessment, By Conductor Material, 2021 & 2031F |
9.4 Maldives Submarine Power Cable Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Maldives Submarine Power Cable Market - Competitive Landscape |
10.1 Maldives Submarine Power Cable Market Revenue Share, By Companies, 2024 |
10.2 Maldives Submarine Power Cable Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |