| Product Code: ETC5885646 | 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 saw significant imports of automotive airbags and seatbelts from top exporting countries such as Portugal, United States of America, China, Areas nes, and France. Despite a high level of market concentration indicated by the Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) for 2020-2024 remained positive at 0.97%. However, there was a slight decline in growth from 2023 to 2024, with a negative growth rate of -4.98%. This data suggests a stable market with potential for further growth and diversification in the automotive safety sector 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 Airbags & Seatbelts Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Automotive Airbags & Seatbelts Market - Industry Life Cycle |
3.4 Cape Verde Automotive Airbags & Seatbelts Market - Porter's Five Forces |
3.5 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume Share, By Airbag Type, 2021 & 2031F |
3.6 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume Share, By Seatbelts, 2021 & 2031F |
3.7 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Cape Verde Automotive Airbags & Seatbelts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about road safety measures |
4.2.2 Government regulations mandating the use of airbags and seatbelts in vehicles |
4.2.3 Growing automotive industry in Cape Verde |
4.3 Market Restraints |
4.3.1 High cost associated with installing airbags and seatbelts in vehicles |
4.3.2 Limited availability of advanced technology in the automotive sector in Cape Verde |
5 Cape Verde Automotive Airbags & Seatbelts Market Trends |
6 Cape Verde Automotive Airbags & Seatbelts Market Segmentations |
6.1 Cape Verde Automotive Airbags & Seatbelts Market, By Airbag Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, By Front, 2021-2031F |
6.1.3 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, By Knee , 2021-2031F |
6.1.4 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, By Side & Curtain, 2021-2031F |
6.2 Cape Verde Automotive Airbags & Seatbelts Market, By Seatbelts |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, By 2-point , 2021-2031F |
6.2.3 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, By 3-point, 2021-2031F |
6.3 Cape Verde Automotive Airbags & Seatbelts Market, By Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, By PC, 2021-2031F |
6.3.3 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, By LCV, 2021-2031F |
6.3.4 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, By Buses , 2021-2031F |
6.3.5 Cape Verde Automotive Airbags & Seatbelts Market Revenues & Volume, By Trucks, 2021-2031F |
7 Cape Verde Automotive Airbags & Seatbelts Market Import-Export Trade Statistics |
7.1 Cape Verde Automotive Airbags & Seatbelts Market Export to Major Countries |
7.2 Cape Verde Automotive Airbags & Seatbelts Market Imports from Major Countries |
8 Cape Verde Automotive Airbags & Seatbelts Market Key Performance Indicators |
8.1 Number of road accidents in Cape Verde |
8.2 Percentage of vehicles equipped with airbags and seatbelts |
8.3 Adoption rate of safety regulations by automotive manufacturers in Cape Verde |
9 Cape Verde Automotive Airbags & Seatbelts Market - Opportunity Assessment |
9.1 Cape Verde Automotive Airbags & Seatbelts Market Opportunity Assessment, By Airbag Type, 2021 & 2031F |
9.2 Cape Verde Automotive Airbags & Seatbelts Market Opportunity Assessment, By Seatbelts, 2021 & 2031F |
9.3 Cape Verde Automotive Airbags & Seatbelts Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Cape Verde Automotive Airbags & Seatbelts Market - Competitive Landscape |
10.1 Cape Verde Automotive Airbags & Seatbelts Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Automotive Airbags & Seatbelts 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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