| Product Code: ETC5889769 | 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 automotive axle & propeller shaft import shipments to Cape Verde saw significant growth in 2024, with a high concentration of imports from top countries including Portugal, USA, China, Brazil, and Netherlands. The Herfindahl-Hirschman Index (HHI) indicated a sharp increase in market concentration, reflecting a competitive landscape dominated by key exporters. The impressive Compound Annual Growth Rate (CAGR) of 8.93% from 2020-2024 highlights sustained market expansion, while the remarkable growth rate of 21.22% from 2023-2024 underscores a rapidly evolving market dynamic in the sector.

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 Axle & Propeller Shaft Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Automotive Axle & Propeller Shaft Market - Industry Life Cycle |
3.4 Cape Verde Automotive Axle & Propeller Shaft Market - Porter's Five Forces |
3.5 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume Share, By Axle Position, 2021 & 2031F |
3.7 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.8 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Cape Verde Automotive Axle & Propeller Shaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in Cape Verde |
4.2.2 Increasing demand for fuel-efficient vehicles |
4.2.3 Technological advancements in axle and propeller shaft manufacturing |
4.3 Market Restraints |
4.3.1 High import duties on automotive parts |
4.3.2 Fluctuating raw material prices |
4.3.3 Limited manufacturing capabilities in Cape Verde |
5 Cape Verde Automotive Axle & Propeller Shaft Market Trends |
6 Cape Verde Automotive Axle & Propeller Shaft Market Segmentations |
6.1 Cape Verde Automotive Axle & Propeller Shaft Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Dead, 2021-2031F |
6.1.3 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Live, 2021-2031F |
6.1.4 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Tandem, 2021-2031F |
6.2 Cape Verde Automotive Axle & Propeller Shaft Market, By Axle Position |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Front, 2021-2031F |
6.2.3 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Rear, 2021-2031F |
6.3 Cape Verde Automotive Axle & Propeller Shaft Market, By Position |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Front, 2021-2031F |
6.3.3 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Rear, 2021-2031F |
6.3.4 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Interaxle, 2021-2031F |
6.4 Cape Verde Automotive Axle & Propeller Shaft Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Single piece, 2021-2031F |
6.4.3 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Multi-piece, 2021-2031F |
6.5 Cape Verde Automotive Axle & Propeller Shaft Market, By Material |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Alloy, 2021-2031F |
6.5.3 Cape Verde Automotive Axle & Propeller Shaft Market Revenues & Volume, By Carbon fiber, 2021-2031F |
7 Cape Verde Automotive Axle & Propeller Shaft Market Import-Export Trade Statistics |
7.1 Cape Verde Automotive Axle & Propeller Shaft Market Export to Major Countries |
7.2 Cape Verde Automotive Axle & Propeller Shaft Market Imports from Major Countries |
8 Cape Verde Automotive Axle & Propeller Shaft Market Key Performance Indicators |
8.1 Average age of vehicles in Cape Verde |
8.2 Number of new vehicle registrations |
8.3 Investment in infrastructure development for automotive industry in Cape Verde |
9 Cape Verde Automotive Axle & Propeller Shaft Market - Opportunity Assessment |
9.1 Cape Verde Automotive Axle & Propeller Shaft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Automotive Axle & Propeller Shaft Market Opportunity Assessment, By Axle Position, 2021 & 2031F |
9.3 Cape Verde Automotive Axle & Propeller Shaft Market Opportunity Assessment, By Position, 2021 & 2031F |
9.4 Cape Verde Automotive Axle & Propeller Shaft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Cape Verde Automotive Axle & Propeller Shaft Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Cape Verde Automotive Axle & Propeller Shaft Market - Competitive Landscape |
10.1 Cape Verde Automotive Axle & Propeller Shaft Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Automotive Axle & Propeller Shaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |