| Product Code: ETC5881124 | 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 |
The import shipments of hub motors to Cape Verde in 2024 saw a significant increase in concentration among top exporting countries, with Portugal, United Kingdom, Spain, China, and Italy leading the pack. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 22.58% from 2020 to 2024 demonstrates strong market expansion. Moreover, the remarkable growth rate of 98.91% from 2023 to 2024 highlights the escalating demand for hub motors in Cape Verde, signaling lucrative opportunities for market players.

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 Hub Motor Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Hub Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Hub Motor Market - Industry Life Cycle |
3.4 Cape Verde Hub Motor Market - Porter's Five Forces |
3.5 Cape Verde Hub Motor Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.6 Cape Verde Hub Motor Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.7 Cape Verde Hub Motor Market Revenues & Volume Share, By Motor, 2021 & 2031F |
4 Cape Verde Hub Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric bicycles and scooters in Cape Verde |
4.2.2 Government initiatives promoting sustainable transportation solutions |
4.2.3 Growing awareness about environmental conservation and reducing carbon emissions |
4.3 Market Restraints |
4.3.1 High initial investment cost for purchasing electric vehicles with hub motors |
4.3.2 Limited availability of charging infrastructure in Cape Verde |
4.3.3 Concerns regarding the range and battery life of electric vehicles |
5 Cape Verde Hub Motor Market Trends |
6 Cape Verde Hub Motor Market Segmentations |
6.1 Cape Verde Hub Motor Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Hub Motor Market Revenues & Volume, By Front, 2021-2031F |
6.1.3 Cape Verde Hub Motor Market Revenues & Volume, By Rear, 2021-2031F |
6.2 Cape Verde Hub Motor Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Hub Motor Market Revenues & Volume, By E-Bikes, 2021-2031F |
6.2.3 Cape Verde Hub Motor Market Revenues & Volume, By E-Scooters/Mopeds, 2021-2031F |
6.2.4 Cape Verde Hub Motor Market Revenues & Volume, By E-Motorcycles, 2021-2031F |
6.3 Cape Verde Hub Motor Market, By Motor |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Hub Motor Market Revenues & Volume, By Geared , 2021-2031F |
6.3.3 Cape Verde Hub Motor Market Revenues & Volume, By Gearless, 2021-2031F |
7 Cape Verde Hub Motor Market Import-Export Trade Statistics |
7.1 Cape Verde Hub Motor Market Export to Major Countries |
7.2 Cape Verde Hub Motor Market Imports from Major Countries |
8 Cape Verde Hub Motor Market Key Performance Indicators |
8.1 Average daily usage time of electric bicycles and scooters in Cape Verde |
8.2 Number of charging stations for electric vehicles installed in key locations |
8.3 Percentage increase in the use of electric vehicles for transportation in Cape Verde |
8.4 Average lifespan of hub motors in electric vehicles in the Cape Verde market |
8.5 Percentage of government funding allocated to support the growth of the electric vehicle market |
9 Cape Verde Hub Motor Market - Opportunity Assessment |
9.1 Cape Verde Hub Motor Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.2 Cape Verde Hub Motor Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.3 Cape Verde Hub Motor Market Opportunity Assessment, By Motor, 2021 & 2031F |
10 Cape Verde Hub Motor Market - Competitive Landscape |
10.1 Cape Verde Hub Motor Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Hub Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |