| Product Code: ETC5234544 | 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 saw a notable increase in import shipments of torque screwdrivers in 2024, with top exporting countries being China, Thailand, India, USA, and Taiwan, Province of China. The market exhibited a shift towards higher concentration with a very high Herfindahl-Hirschman Index (HHI) in 2024. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 14.29%, indicating a steady upward trend in demand for torque screwdrivers in the Maldives market.

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 Torque Screwdriver Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Torque Screwdriver Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Torque Screwdriver Market - Industry Life Cycle |
3.4 Maldives Torque Screwdriver Market - Porter's Five Forces |
3.5 Maldives Torque Screwdriver Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Maldives Torque Screwdriver Market Revenues & Volume Share, By Applications , 2021 & 2031F |
4 Maldives Torque Screwdriver Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision tools in industries such as electronics, automotive, and aerospace. |
4.2.2 Growing adoption of torque screwdrivers for maintenance and repair purposes in various sectors. |
4.2.3 Technological advancements leading to the development of more accurate and efficient torque screwdrivers. |
4.3 Market Restraints |
4.3.1 High initial cost of torque screwdrivers may hinder market penetration, especially among small businesses. |
4.3.2 Limited awareness and understanding of the benefits of torque screwdrivers in certain industries. |
4.3.3 Availability of alternative tools and methods for achieving similar results in some applications. |
5 Maldives Torque Screwdriver Market Trends |
6 Maldives Torque Screwdriver Market Segmentations |
6.1 Maldives Torque Screwdriver Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Maldives Torque Screwdriver Market Revenues & Volume, By Electric Torque Screwdriver, 2021-2031F |
6.1.3 Maldives Torque Screwdriver Market Revenues & Volume, By Manual Torque Screwdriver, 2021-2031F |
6.2 Maldives Torque Screwdriver Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Maldives Torque Screwdriver Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Maldives Torque Screwdriver Market Revenues & Volume, By Engineering and Construction, 2021-2031F |
6.2.4 Maldives Torque Screwdriver Market Revenues & Volume, By Machinery Manufacturing, 2021-2031F |
6.2.5 Maldives Torque Screwdriver Market Revenues & Volume, By Shipping and Aerospace, 2021-2031F |
6.2.6 Maldives Torque Screwdriver Market Revenues & Volume, By Other, 2021-2031F |
7 Maldives Torque Screwdriver Market Import-Export Trade Statistics |
7.1 Maldives Torque Screwdriver Market Export to Major Countries |
7.2 Maldives Torque Screwdriver Market Imports from Major Countries |
8 Maldives Torque Screwdriver Market Key Performance Indicators |
8.1 Percentage increase in the adoption of torque screwdrivers across different industries in the Maldives. |
8.2 Number of new product launches and innovations in the torque screwdriver market. |
8.3 Rate of growth in the number of skilled professionals using torque screwdrivers for various applications. |
9 Maldives Torque Screwdriver Market - Opportunity Assessment |
9.1 Maldives Torque Screwdriver Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Maldives Torque Screwdriver Market Opportunity Assessment, By Applications , 2021 & 2031F |
10 Maldives Torque Screwdriver Market - Competitive Landscape |
10.1 Maldives Torque Screwdriver Market Revenue Share, By Companies, 2024 |
10.2 Maldives Torque Screwdriver Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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