| Product Code: ETC8159662 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Maldives continues to witness a significant influx of smart water meter imports in 2024, with top exporting countries being Turkey, China, USA, Singapore, and India. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. Despite a strong compound annual growth rate (CAGR) of 5.76% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -29.12%. This data suggests dynamic shifts in the market landscape and emphasizes the competitive nature of the smart water meter industry in 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 Smart Water Meter Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Smart Water Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Smart Water Meter Market - Industry Life Cycle |
3.4 Maldives Smart Water Meter Market - Porter's Five Forces |
3.5 Maldives Smart Water Meter Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Smart Water Meter Market Revenues & Volume Share, By Meter Type, 2021 & 2031F |
3.7 Maldives Smart Water Meter Market Revenues & Volume Share, By Configuration Type, 2021 & 2031F |
3.8 Maldives Smart Water Meter Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.9 Maldives Smart Water Meter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Smart Water Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting water conservation and smart metering technologies |
4.2.2 Increasing focus on reducing non-revenue water and improving water management efficiency |
4.2.3 Growing awareness among consumers about the benefits of smart water meters |
4.3 Market Restraints |
4.3.1 Initial high implementation costs for smart water meter systems |
4.3.2 Lack of skilled workforce for installation and maintenance of smart water meters |
4.3.3 Resistance to change from traditional water metering systems |
5 Maldives Smart Water Meter Market Trends |
6 Maldives Smart Water Meter Market, By Types |
6.1 Maldives Smart Water Meter Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Smart Water Meter Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Maldives Smart Water Meter Market Revenues & Volume, By Electromagnetic Meter, 2021- 2031F |
6.1.4 Maldives Smart Water Meter Market Revenues & Volume, By Ultrasonic Meter, 2021- 2031F |
6.1.5 Maldives Smart Water Meter Market Revenues & Volume, By Electromechanical Meter, 2021- 2031F |
6.1.6 Maldives Smart Water Meter Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Maldives Smart Water Meter Market, By Meter Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Smart Water Meter Market Revenues & Volume, By Smart Hot-Water Meter, 2021- 2031F |
6.2.3 Maldives Smart Water Meter Market Revenues & Volume, By Smart Cold-Water Meter, 2021- 2031F |
6.3 Maldives Smart Water Meter Market, By Configuration Type |
6.3.1 Overview and Analysis |
6.3.2 Maldives Smart Water Meter Market Revenues & Volume, By Automated Meter Reading (AMR), 2021- 2031F |
6.3.3 Maldives Smart Water Meter Market Revenues & Volume, By Advanced Metering Infrastructure (AMI), 2021- 2031F |
6.4 Maldives Smart Water Meter Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 Maldives Smart Water Meter Market Revenues & Volume, By Meters and Accessories, 2021- 2031F |
6.4.3 Maldives Smart Water Meter Market Revenues & Volume, By IT Solutions, 2021- 2031F |
6.4.4 Maldives Smart Water Meter Market Revenues & Volume, By Communication System, 2021- 2031F |
6.5 Maldives Smart Water Meter Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Maldives Smart Water Meter Market Revenues & Volume, By Water Utilities, 2021- 2031F |
6.5.3 Maldives Smart Water Meter Market Revenues & Volume, By Commercial, 2021- 2031F |
6.5.4 Maldives Smart Water Meter Market Revenues & Volume, By Industrial, 2021- 2031F |
6.5.5 Maldives Smart Water Meter Market Revenues & Volume, By Residential, 2021- 2031F |
7 Maldives Smart Water Meter Market Import-Export Trade Statistics |
7.1 Maldives Smart Water Meter Market Export to Major Countries |
7.2 Maldives Smart Water Meter Market Imports from Major Countries |
8 Maldives Smart Water Meter Market Key Performance Indicators |
8.1 Percentage reduction in water leakages after smart water meter installation |
8.2 Rate of adoption of smart water meters by households and businesses |
8.3 Average time taken for issue resolution through smart water meter data analysis |
9 Maldives Smart Water Meter Market - Opportunity Assessment |
9.1 Maldives Smart Water Meter Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Smart Water Meter Market Opportunity Assessment, By Meter Type, 2021 & 2031F |
9.3 Maldives Smart Water Meter Market Opportunity Assessment, By Configuration Type, 2021 & 2031F |
9.4 Maldives Smart Water Meter Market Opportunity Assessment, By Component, 2021 & 2031F |
9.5 Maldives Smart Water Meter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Smart Water Meter Market - Competitive Landscape |
10.1 Maldives Smart Water Meter Market Revenue Share, By Companies, 2024 |
10.2 Maldives Smart Water Meter 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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