| Product Code: ETC5624168 | 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 |
Cape Verde`s import shipments of absorbent glass mat (AGM) batteries in 2024 continued to be dominated by key exporters such as Portugal, China, Netherlands, USA, and Spain. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the overall compound annual growth rate (CAGR) for 2020-2024 was negative at -3.95%. Notably, there was a significant decline in growth rate from 2023 to 2024 at -45.61%, suggesting potential shifts in market dynamics or demand for AGM batteries 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 Absorbent Glass Mat (AGM) Battery Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Absorbent Glass Mat (AGM) Battery Market - Industry Life Cycle |
3.4 Cape Verde Absorbent Glass Mat (AGM) Battery Market - Porter's Five Forces |
3.5 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cape Verde Absorbent Glass Mat (AGM) Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Cape Verde |
4.2.2 Growing awareness about the benefits of AGM batteries in terms of reliability and maintenance-free operation |
4.2.3 Government initiatives promoting the adoption of clean energy solutions |
4.3 Market Restraints |
4.3.1 High initial costs associated with AGM batteries |
4.3.2 Limited availability of AGM battery manufacturers and suppliers in Cape Verde |
4.3.3 Technical limitations in terms of energy storage capacity and efficiency compared to other battery technologies |
5 Cape Verde Absorbent Glass Mat (AGM) Battery Market Trends |
6 Cape Verde Absorbent Glass Mat (AGM) Battery Market Segmentations |
6.1 Cape Verde Absorbent Glass Mat (AGM) Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Stationary, 2021-2031F |
6.1.3 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Motive, 2021-2031F |
6.2 Cape Verde Absorbent Glass Mat (AGM) Battery Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 2? ??4 Volts, 2021-2031F |
6.2.3 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 6? ??8 Volts, 2021-2031F |
6.2.4 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 12 Volts & above, 2021-2031F |
6.3 Cape Verde Absorbent Glass Mat (AGM) Battery Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.3.4 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Application, 2021-2031F |
6.3.5 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By UPS, 2021-2031F |
6.3.7 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.8 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Others , 2021-2031F |
6.3.9 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Others , 2021-2031F |
7 Cape Verde Absorbent Glass Mat (AGM) Battery Market Import-Export Trade Statistics |
7.1 Cape Verde Absorbent Glass Mat (AGM) Battery Market Export to Major Countries |
7.2 Cape Verde Absorbent Glass Mat (AGM) Battery Market Imports from Major Countries |
8 Cape Verde Absorbent Glass Mat (AGM) Battery Market Key Performance Indicators |
8.1 Average lifespan of AGM batteries in Cape Verde |
8.2 Percentage of renewable energy projects utilizing AGM batteries |
8.3 Rate of adoption of AGM batteries in off-grid applications |
9 Cape Verde Absorbent Glass Mat (AGM) Battery Market - Opportunity Assessment |
9.1 Cape Verde Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Cape Verde Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cape Verde Absorbent Glass Mat (AGM) Battery Market - Competitive Landscape |
10.1 Cape Verde Absorbent Glass Mat (AGM) Battery Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Absorbent Glass Mat (AGM) Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |