| Product Code: ETC5108812 | 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 |
Cape Verde`s automotive ignition coil import market saw a significant increase in concentration in 2024, with a high Herfindahl-Hirschman Index (HHI) indicating a more consolidated market. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 10.7%. Key exporting countries such as Portugal, Turkey, Netherlands, China, and the United States continued to play a vital role in supplying these products to Cape Verde. The evolving dynamics in the market suggest a need for strategic planning and monitoring for stakeholders involved in this sector.

By 2027, the Automotive Ignition Coil market in Cabo Verde is anticipated to reach a growth rate of 12.15%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

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 Ignition Coil Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Automotive Ignition Coil Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Automotive Ignition Coil Market - Industry Life Cycle |
3.4 Cape Verde Automotive Ignition Coil Market - Porter's Five Forces |
3.5 Cape Verde Automotive Ignition Coil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Automotive Ignition Coil Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Cape Verde Automotive Ignition Coil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Cape Verde Automotive Ignition Coil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Cape Verde |
4.2.2 Rising disposable income leading to higher car ownership rates |
4.2.3 Technological advancements in automotive ignition coil systems |
4.3 Market Restraints |
4.3.1 High import duties and taxes on automotive parts in Cape Verde |
4.3.2 Limited availability of skilled labor for automotive repair and maintenance |
5 Cape Verde Automotive Ignition Coil Market Trends |
6 Cape Verde Automotive Ignition Coil Market Segmentations |
6.1 Cape Verde Automotive Ignition Coil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Automotive Ignition Coil Market Revenues & Volume, By Coil-on-plug, 2021-2031F |
6.1.3 Cape Verde Automotive Ignition Coil Market Revenues & Volume, By Distributor based, 2021-2031F |
6.1.4 Cape Verde Automotive Ignition Coil Market Revenues & Volume, By Distributor less, 2021-2031F |
6.1.5 Cape Verde Automotive Ignition Coil Market Revenues & Volume, By Others , 2021-2031F |
6.2 Cape Verde Automotive Ignition Coil Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Automotive Ignition Coil Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 Cape Verde Automotive Ignition Coil Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
6.3 Cape Verde Automotive Ignition Coil Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Automotive Ignition Coil Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Cape Verde Automotive Ignition Coil Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Cape Verde Automotive Ignition Coil Market Import-Export Trade Statistics |
7.1 Cape Verde Automotive Ignition Coil Market Export to Major Countries |
7.2 Cape Verde Automotive Ignition Coil Market Imports from Major Countries |
8 Cape Verde Automotive Ignition Coil Market Key Performance Indicators |
8.1 Average age of vehicles in Cape Verde |
8.2 Number of new car registrations in Cape Verde |
8.3 Frequency of automotive maintenance and repair services in Cape Verde |
9 Cape Verde Automotive Ignition Coil Market - Opportunity Assessment |
9.1 Cape Verde Automotive Ignition Coil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Automotive Ignition Coil Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Cape Verde Automotive Ignition Coil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Cape Verde Automotive Ignition Coil Market - Competitive Landscape |
10.1 Cape Verde Automotive Ignition Coil Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Automotive Ignition Coil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |