| Product Code: ETC5893493 | 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 |
In 2024, Cape Verde`s automotive HVAC import market continued to show robust growth, with a high Herfindahl-Hirschman Index (HHI) indicating a concentrated market. The top countries exporting to Cape Verde included Portugal, USA, China, Netherlands, and others, reflecting diverse sources. The impressive Compound Annual Growth Rate (CAGR) of 28.27% from 2020 to 2024 highlights the increasing demand for automotive HVAC systems in the country. Moreover, the extraordinary growth rate of 272.38% from 2023 to 2024 indicates a significant surge in imports, pointing towards a thriving market for automotive HVAC products in Cape Verde.

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 Cape Verde Automotive HVAC Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Automotive HVAC Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Automotive HVAC Market - Industry Life Cycle |
3.4 Cape Verde Automotive HVAC Market - Porter's Five Forces |
3.5 Cape Verde Automotive HVAC Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 Cape Verde Automotive HVAC Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Cape Verde Automotive HVAC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for comfortable driving experience in Cape Verde |
4.2.2 Growing awareness about the importance of HVAC systems in vehicles |
4.2.3 Rise in disposable income leading to higher spending on automotive HVAC systems |
4.3 Market Restraints |
4.3.1 High initial cost of installation and maintenance of automotive HVAC systems |
4.3.2 Limited availability of skilled technicians for HVAC system maintenance in Cape Verde |
5 Cape Verde Automotive HVAC Market Trends |
6 Cape Verde Automotive HVAC Market Segmentations |
6.1 Cape Verde Automotive HVAC Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Automotive HVAC Market Revenues & Volume, By Manual/Semi-automatic HVAC, 2021-2031F |
6.1.3 Cape Verde Automotive HVAC Market Revenues & Volume, By Automatic HVAC, 2021-2031F |
6.2 Cape Verde Automotive HVAC Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Automotive HVAC Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 Cape Verde Automotive HVAC Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 Cape Verde Automotive HVAC Market Import-Export Trade Statistics |
7.1 Cape Verde Automotive HVAC Market Export to Major Countries |
7.2 Cape Verde Automotive HVAC Market Imports from Major Countries |
8 Cape Verde Automotive HVAC Market Key Performance Indicators |
8.1 Average number of vehicles equipped with HVAC systems in Cape Verde |
8.2 Adoption rate of energy-efficient HVAC systems in the automotive sector in Cape Verde |
8.3 Percentage of vehicles undergoing regular HVAC system maintenance |
8.4 Average lifespan of HVAC systems in vehicles in Cape Verde |
8.5 Customer satisfaction rating related to the performance of automotive HVAC systems |
9 Cape Verde Automotive HVAC Market - Opportunity Assessment |
9.1 Cape Verde Automotive HVAC Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 Cape Verde Automotive HVAC Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Cape Verde Automotive HVAC Market - Competitive Landscape |
10.1 Cape Verde Automotive HVAC Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Automotive HVAC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |