| Product Code: ETC6672558 | 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 |
The automotive steering import market in Cape Verde experienced significant growth in 2024, with Portugal, Brazil, Turkey, United Arab Emirates, and China emerging as the top exporting countries. The market concentration, as measured by the HHI, increased from high to very high in 2024, indicating a more consolidated market landscape. The impressive CAGR of 13.6% from 2020 to 2024 and a remarkable growth rate of 44.98% from 2023 to 2024 suggest a thriving market with strong potential for further expansion and competitive dynamics among key players.

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 Steering Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Automotive Steering Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Automotive Steering Market - Industry Life Cycle |
3.4 Cape Verde Automotive Steering Market - Porter's Five Forces |
3.5 Cape Verde Automotive Steering Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Cape Verde Automotive Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.7 Cape Verde Automotive Steering Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Cape Verde Automotive Steering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for vehicles in Cape Verde |
4.2.2 Increasing focus on vehicle safety and comfort features |
4.2.3 Technological advancements in automotive steering systems |
4.3 Market Restraints |
4.3.1 High import duties on automotive components in Cape Verde |
4.3.2 Limited availability of skilled labor for automotive maintenance and repairs |
5 Cape Verde Automotive Steering Market Trends |
6 Cape Verde Automotive Steering Market, By Types |
6.1 Cape Verde Automotive Steering Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Automotive Steering Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Cape Verde Automotive Steering Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.1.4 Cape Verde Automotive Steering Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.2 Cape Verde Automotive Steering Market, By Mechanism |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Automotive Steering Market Revenues & Volume, By Electronic Power Steering (EPS), 2021- 2031F |
6.2.3 Cape Verde Automotive Steering Market Revenues & Volume, By Hydraulic Power Steering (HPS), 2021- 2031F |
6.2.4 Cape Verde Automotive Steering Market Revenues & Volume, By Electrically Assisted Hydraulic Power Steering, 2021- 2031F |
6.3 Cape Verde Automotive Steering Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Automotive Steering Market Revenues & Volume, By Hydraulic Pump, 2021- 2031F |
6.3.3 Cape Verde Automotive Steering Market Revenues & Volume, By Steering/ Column/ Rack, 2021- 2031F |
6.3.4 Cape Verde Automotive Steering Market Revenues & Volume, By Sensors, 2021- 2031F |
6.3.5 Cape Verde Automotive Steering Market Revenues & Volume, By Electric Motor, 2021- 2031F |
6.3.6 Cape Verde Automotive Steering Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Automotive Steering Market Import-Export Trade Statistics |
7.1 Cape Verde Automotive Steering Market Export to Major Countries |
7.2 Cape Verde Automotive Steering Market Imports from Major Countries |
8 Cape Verde Automotive Steering Market Key Performance Indicators |
8.1 Average age of vehicles in Cape Verde |
8.2 Percentage of vehicles equipped with advanced steering systems |
8.3 Number of automotive workshops offering steering system maintenance services |
9 Cape Verde Automotive Steering Market - Opportunity Assessment |
9.1 Cape Verde Automotive Steering Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Cape Verde Automotive Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.3 Cape Verde Automotive Steering Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Cape Verde Automotive Steering Market - Competitive Landscape |
10.1 Cape Verde Automotive Steering Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Automotive Steering Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |