| Product Code: ETC10346686 | 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 |
Maldives` imports of rotating equipment in 2024 were primarily sourced from the USA, China, Japan, South Korea, and Sweden, reflecting a diverse supplier base. The market experienced a shift from moderate to low concentration in 2024, indicating increased competition among exporters. Despite a notable CAGR of 22.03% from 2020 to 2024, there was a decline in growth rate by -37.29% from 2023 to 2024. This fluctuation may suggest evolving market dynamics or temporary challenges impacting import trends 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 Rotating Equipment Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Rotating Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Rotating Equipment Market - Industry Life Cycle |
3.4 Maldives Rotating Equipment Market - Porter's Five Forces |
3.5 Maldives Rotating Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Rotating Equipment Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.7 Maldives Rotating Equipment Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Maldives Rotating Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Rotating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the tourism sector in the Maldives leading to increased demand for rotating equipment in hotels, resorts, and other hospitality establishments. |
4.2.2 Expansion of the construction industry in the Maldives driving the need for rotating equipment in infrastructure projects. |
4.2.3 Government initiatives promoting renewable energy sources, leading to the adoption of rotating equipment for clean energy generation. |
4.3 Market Restraints |
4.3.1 Limited availability of skilled workforce for operating and maintaining rotating equipment. |
4.3.2 High initial investment costs associated with purchasing and installing rotating equipment in the Maldives. |
5 Maldives Rotating Equipment Market Trends |
6 Maldives Rotating Equipment Market, By Types |
6.1 Maldives Rotating Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Rotating Equipment Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Maldives Rotating Equipment Market Revenues & Volume, By Compressors, 2021 - 2031F |
6.1.4 Maldives Rotating Equipment Market Revenues & Volume, By Turbines, 2021 - 2031F |
6.1.5 Maldives Rotating Equipment Market Revenues & Volume, By Pumps, 2021 - 2031F |
6.1.6 Maldives Rotating Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Maldives Rotating Equipment Market, By Drive Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Rotating Equipment Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2.3 Maldives Rotating Equipment Market Revenues & Volume, By Mechanical, 2021 - 2031F |
6.2.4 Maldives Rotating Equipment Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2.5 Maldives Rotating Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Maldives Rotating Equipment Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Maldives Rotating Equipment Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.3.3 Maldives Rotating Equipment Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.3.4 Maldives Rotating Equipment Market Revenues & Volume, By Chemicals, 2021 - 2031F |
6.3.5 Maldives Rotating Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Maldives Rotating Equipment Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Maldives Rotating Equipment Market Revenues & Volume, By Fluid Handling, 2021 - 2031F |
6.4.3 Maldives Rotating Equipment Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.4.4 Maldives Rotating Equipment Market Revenues & Volume, By Processing, 2021 - 2031F |
6.4.5 Maldives Rotating Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
7 Maldives Rotating Equipment Market Import-Export Trade Statistics |
7.1 Maldives Rotating Equipment Market Export to Major Countries |
7.2 Maldives Rotating Equipment Market Imports from Major Countries |
8 Maldives Rotating Equipment Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the use of rotating equipment. |
8.2 Maintenance downtime reduction due to the implementation of advanced rotating equipment. |
8.3 Increase in the adoption rate of renewable energy sources utilizing rotating equipment. |
9 Maldives Rotating Equipment Market - Opportunity Assessment |
9.1 Maldives Rotating Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Rotating Equipment Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.3 Maldives Rotating Equipment Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Maldives Rotating Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Rotating Equipment Market - Competitive Landscape |
10.1 Maldives Rotating Equipment Market Revenue Share, By Companies, 2024 |
10.2 Maldives Rotating Equipment 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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