| Product Code: ETC5913842 | 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 market for borescopes in Cape Verde experienced a significant decline in 2024, with a negative Compound Annual Growth Rate (CAGR) of -32.11% from 2020 to 2024. This decline was further emphasized by a sharp decrease in growth rate from 2023 to 2024, standing at -84.83%. Despite the challenging market conditions, the import shipments were dominated by top exporting countries such as Spain, Portugal, Senegal, Germany, and the United States of America, indicating a high concentration of imports in the market.

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 Borescope Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Borescope Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Borescope Market - Industry Life Cycle |
3.4 Cape Verde Borescope Market - Porter's Five Forces |
3.5 Cape Verde Borescope Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Borescope Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.7 Cape Verde Borescope Market Revenues & Volume Share, By Angle, 2021 & 2031F |
4 Cape Verde Borescope Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for non-destructive testing in various industries |
4.2.2 Growing focus on preventive maintenance to enhance operational efficiency |
4.2.3 Technological advancements leading to the development of high-quality borescopes |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing borescopes |
4.3.2 Lack of skilled professionals to operate and interpret borescope data effectively |
4.3.3 Limited awareness about the benefits of borescope inspection |
5 Cape Verde Borescope Market Trends |
6 Cape Verde Borescope Market Segmentations |
6.1 Cape Verde Borescope Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Borescope Market Revenues & Volume, By Video, 2021-2031F |
6.1.3 Cape Verde Borescope Market Revenues & Volume, By Flexible, 2021-2031F |
6.1.4 Cape Verde Borescope Market Revenues & Volume, By Endoscope, 2021-2031F |
6.1.5 Cape Verde Borescope Market Revenues & Volume, By Semi-rigid, 2021-2031F |
6.1.6 Cape Verde Borescope Market Revenues & Volume, By Rigid, 2021-2031F |
6.2 Cape Verde Borescope Market, By Diameter |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Borescope Market Revenues & Volume, By 0 mm to 3 mm, 2021-2031F |
6.2.3 Cape Verde Borescope Market Revenues & Volume, By 3 mm to 6 mm, 2021-2031F |
6.2.4 Cape Verde Borescope Market Revenues & Volume, By 6 mm to 10 mm, 2021-2031F |
6.2.5 Cape Verde Borescope Market Revenues & Volume, By Above 10 mm, 2021-2031F |
6.3 Cape Verde Borescope Market, By Angle |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Borescope Market Revenues & Volume, By 0? to 90? , 2021-2031F |
6.3.3 Cape Verde Borescope Market Revenues & Volume, By 90? to 180? , 2021-2031F |
6.3.4 Cape Verde Borescope Market Revenues & Volume, By 180? to 360? , 2021-2031F |
7 Cape Verde Borescope Market Import-Export Trade Statistics |
7.1 Cape Verde Borescope Market Export to Major Countries |
7.2 Cape Verde Borescope Market Imports from Major Countries |
8 Cape Verde Borescope Market Key Performance Indicators |
8.1 Average inspection time reduction achieved using borescopes |
8.2 Percentage increase in equipment uptime post borescope inspections |
8.3 Number of new applications or industries adopting borescope technology |
9 Cape Verde Borescope Market - Opportunity Assessment |
9.1 Cape Verde Borescope Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Borescope Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.3 Cape Verde Borescope Market Opportunity Assessment, By Angle, 2021 & 2031F |
10 Cape Verde Borescope Market - Competitive Landscape |
10.1 Cape Verde Borescope Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Borescope 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.
To discover high-growth global markets and optimize your business strategy:
Click Here