| Product Code: ETC5195442 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Maldives` marine propulsion engine import shipments in 2024 saw a significant increase with top exporters being Japan, USA, UAE, China, and Thailand. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) for 2020-24 was an impressive 34.08%, with a notable growth rate of 21.87% from 2023 to 2024. This data suggests a thriving market for marine propulsion engines in Maldives, driven by strong partnerships with key exporting countries.
In the Asia region, the Marine Propulsion Engine market in Maldives is projected to expand at a high growth rate of 10.82% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

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 Marine Propulsion Engine Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Marine Propulsion Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Marine Propulsion Engine Market - Industry Life Cycle |
3.4 Maldives Marine Propulsion Engine Market - Porter's Five Forces |
3.5 Maldives Marine Propulsion Engine Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Maldives Marine Propulsion Engine Market Revenues & Volume Share, By Ship Type, 2021 & 2031F |
4 Maldives Marine Propulsion Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Marine Propulsion Engine Market Trends |
6 Maldives Marine Propulsion Engine Market Segmentations |
6.1 Maldives Marine Propulsion Engine Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Maldives Marine Propulsion Engine Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.3 Maldives Marine Propulsion Engine Market Revenues & Volume, By Gas Turbine, 2021-2031F |
6.1.4 Maldives Marine Propulsion Engine Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.5 Maldives Marine Propulsion Engine Market Revenues & Volume, By Others, 2021-2031F |
6.2 Maldives Marine Propulsion Engine Market, By Ship Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Marine Propulsion Engine Market Revenues & Volume, By Cargo or Contanier Ship, 2021-2031F |
6.2.3 Maldives Marine Propulsion Engine Market Revenues & Volume, By Tanker, 2021-2031F |
6.2.4 Maldives Marine Propulsion Engine Market Revenues & Volume, By Bulk Carrier, 2021-2031F |
6.2.5 Maldives Marine Propulsion Engine Market Revenues & Volume, By Offshore Vessel, 2021-2031F |
6.2.6 Maldives Marine Propulsion Engine Market Revenues & Volume, By Passenger Ship, 2021-2031F |
6.2.7 Maldives Marine Propulsion Engine Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Marine Propulsion Engine Market Import-Export Trade Statistics |
7.1 Maldives Marine Propulsion Engine Market Export to Major Countries |
7.2 Maldives Marine Propulsion Engine Market Imports from Major Countries |
8 Maldives Marine Propulsion Engine Market Key Performance Indicators |
9 Maldives Marine Propulsion Engine Market - Opportunity Assessment |
9.1 Maldives Marine Propulsion Engine Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Maldives Marine Propulsion Engine Market Opportunity Assessment, By Ship Type, 2021 & 2031F |
10 Maldives Marine Propulsion Engine Market - Competitive Landscape |
10.1 Maldives Marine Propulsion Engine Market Revenue Share, By Companies, 2024 |
10.2 Maldives Marine Propulsion Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |