| Product Code: ETC5224522 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to rely heavily on imports of air heaters, with top exporting countries being Portugal, Spain, China, Belgium, and the United States. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration of imports in the market. However, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -15.6% from 2020 to 2024. The growth rate from 2023 to 2024 plummeted even further to -54.48%, suggesting challenging market conditions for air heater imports 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 Air Heaters Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Air Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Air Heaters Market - Industry Life Cycle |
3.4 Cape Verde Air Heaters Market - Porter's Five Forces |
3.5 Cape Verde Air Heaters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Air Heaters Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Cape Verde Air Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in Cape Verde |
4.2.2 Government initiatives promoting the adoption of renewable energy sources |
4.2.3 Growing awareness about the importance of indoor air quality in residential and commercial spaces |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing and installing air heaters |
4.3.2 Limited availability of skilled technicians for maintenance and repair services |
4.3.3 Fluctuations in raw material prices impacting the manufacturing cost of air heaters |
5 Cape Verde Air Heaters Market Trends |
6 Cape Verde Air Heaters Market Segmentations |
6.1 Cape Verde Air Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Air Heaters Market Revenues & Volume, By Indirect Fired Air Heaters, 2021-2031F |
6.1.3 Cape Verde Air Heaters Market Revenues & Volume, By Direct Fired Air Heaters, 2021-2031F |
6.1.4 Cape Verde Air Heaters Market Revenues & Volume, By Duct Heater, 2021-2031F | 6.1.6 Cape Verde Air Heaters Market Revenues & Volume, By Portable Air Heater, 2021-2031F |
6.1.6 Cape Verde Air Heaters Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Air Heaters Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Air Heaters Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Cape Verde Air Heaters Market Revenues & Volume, By Drying, 2021-2031F |
6.2.4 Cape Verde Air Heaters Market Revenues & Volume, By Sealing, 2021-2031F |
6.2.5 Cape Verde Air Heaters Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Air Heaters Market Import-Export Trade Statistics |
7.1 Cape Verde Air Heaters Market Export to Major Countries |
7.2 Cape Verde Air Heaters Market Imports from Major Countries |
8 Cape Verde Air Heaters Market Key Performance Indicators |
8.1 Energy efficiency rating of air heaters in the market |
8.2 Number of installations of air heaters in residential and commercial buildings |
8.3 Percentage increase in the adoption of renewable energy-based heating solutions in Cape Verde |
9 Cape Verde Air Heaters Market - Opportunity Assessment |
9.1 Cape Verde Air Heaters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Air Heaters Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Cape Verde Air Heaters Market - Competitive Landscape |
10.1 Cape Verde Air Heaters Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Air Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |