| Product Code: ETC6671407 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to rely on imports of altimeters, with top exporters being Portugal, Austria, China, Estonia, and Denmark. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). However, the industry experienced a significant decline, with a negative Compound Annual Growth Rate (CAGR) of -5.4% from 2020 to 2024. The growth rate plummeted even further in 2024, with a staggering -72.5% decrease compared to the previous year. These trends suggest a challenging market environment for altimeter 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 Altimeters Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Altimeters Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Altimeters Market - Industry Life Cycle |
3.4 Cape Verde Altimeters Market - Porter's Five Forces |
3.5 Cape Verde Altimeters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Altimeters Market Revenues & Volume Share, By Measurement Range, 2021 & 2031F |
3.7 Cape Verde Altimeters Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cape Verde Altimeters Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Cape Verde Altimeters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Altimeters Market Trends |
6 Cape Verde Altimeters Market, By Types |
6.1 Cape Verde Altimeters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Altimeters Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Altimeters Market Revenues & Volume, By Barometric Altimeter, 2021- 2031F |
6.1.4 Cape Verde Altimeters Market Revenues & Volume, By Radio / Radar Altimeter, 2021- 2031F |
6.1.5 Cape Verde Altimeters Market Revenues & Volume, By GPS, 2021- 2031F |
6.1.6 Cape Verde Altimeters Market Revenues & Volume, By Laser Altimeter, 2021- 2031F |
6.2 Cape Verde Altimeters Market, By Measurement Range |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Altimeters Market Revenues & Volume, By Below 15000 Feet, 2021- 2031F |
6.2.3 Cape Verde Altimeters Market Revenues & Volume, By 15000-40000 Feet, 2021- 2031F |
6.2.4 Cape Verde Altimeters Market Revenues & Volume, By Above 40000 Feet, 2021- 2031F |
6.3 Cape Verde Altimeters Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Altimeters Market Revenues & Volume, By Commercial Aircraft, 2021- 2031F |
6.3.3 Cape Verde Altimeters Market Revenues & Volume, By Business and General Aviation Aircrafts, 2021- 2031F |
6.3.4 Cape Verde Altimeters Market Revenues & Volume, By Helicopters, 2021- 2031F |
6.3.5 Cape Verde Altimeters Market Revenues & Volume, By Military Aircraft, 2021- 2031F |
6.3.6 Cape Verde Altimeters Market Revenues & Volume, By Fixed Wings Aircrafts, 2021- 2031F |
6.3.7 Cape Verde Altimeters Market Revenues & Volume, By Helicopters, 2021- 2031F |
6.4 Cape Verde Altimeters Market, By End-user |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Altimeters Market Revenues & Volume, By Commercial Aviation, 2021- 2031F |
6.4.3 Cape Verde Altimeters Market Revenues & Volume, By Military & Defense Aviation, 2021- 2031F |
7 Cape Verde Altimeters Market Import-Export Trade Statistics |
7.1 Cape Verde Altimeters Market Export to Major Countries |
7.2 Cape Verde Altimeters Market Imports from Major Countries |
8 Cape Verde Altimeters Market Key Performance Indicators |
9 Cape Verde Altimeters Market - Opportunity Assessment |
9.1 Cape Verde Altimeters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Altimeters Market Opportunity Assessment, By Measurement Range, 2021 & 2031F |
9.3 Cape Verde Altimeters Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cape Verde Altimeters Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Cape Verde Altimeters Market - Competitive Landscape |
10.1 Cape Verde Altimeters Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Altimeters 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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