| Product Code: ETC5778315 | 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 continued to heavily rely on imports of dry type transformers, with top exporting countries including Portugal, Spain, China, Germany, and the United States. The High Herfindahl-Hirschman Index (HHI) indicates a market with very high concentration. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024, there was a notable growth rate of 9.65% from 2023 to 2024, suggesting potential shifts in market dynamics and opportunities for stakeholders in the coming years.

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 Dry TypeTransformer Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Dry TypeTransformer Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Dry TypeTransformer Market - Industry Life Cycle |
3.4 Cape Verde Dry TypeTransformer Market - Porter's Five Forces |
3.5 Cape Verde Dry TypeTransformer Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Cape Verde Dry TypeTransformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.7 Cape Verde Dry TypeTransformer Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.8 Cape Verde Dry TypeTransformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Cape Verde Dry TypeTransformer Market Revenues & Volume Share, By End Phase, 2021 & 2031F |
4 Cape Verde Dry TypeTransformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in Cape Verde leading to infrastructure development. |
4.2.2 Growing focus on renewable energy sources driving the need for transformers in the market. |
4.2.3 Government initiatives promoting energy efficiency and grid stability. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with dry type transformers. |
4.3.2 Limited availability of skilled labor for installation and maintenance of transformers in Cape Verde. |
4.3.3 Volatility in raw material prices impacting transformer manufacturing costs. |
5 Cape Verde Dry TypeTransformer Market Trends |
6 Cape Verde Dry TypeTransformer Market Segmentations |
6.1 Cape Verde Dry TypeTransformer Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Cast Resin, 2021-2031F |
6.1.3 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Vacuum Pressure Impregnated, 2021-2031F |
6.2 Cape Verde Dry TypeTransformer Market, By Phase |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Single-Phase, 2021-2031F |
6.2.3 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Three-Phase, 2021-2031F |
6.3 Cape Verde Dry TypeTransformer Market, By Voltage |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Low, 2021-2031F |
6.3.3 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Medium, 2021-2031F |
6.4 Cape Verde Dry TypeTransformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.3 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Others, 2021-2031F |
6.5 Cape Verde Dry TypeTransformer Market, By End Phase |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Single, 2021-2031F |
6.5.3 Cape Verde Dry TypeTransformer Market Revenues & Volume, By Three, 2021-2031F |
7 Cape Verde Dry TypeTransformer Market Import-Export Trade Statistics |
7.1 Cape Verde Dry TypeTransformer Market Export to Major Countries |
7.2 Cape Verde Dry TypeTransformer Market Imports from Major Countries |
8 Cape Verde Dry TypeTransformer Market Key Performance Indicators |
8.1 Average lifespan of dry type transformers in Cape Verde. |
8.2 Percentage of energy generated from renewable sources in the country. |
8.3 Number of new infrastructure projects requiring transformers in Cape Verde. |
8.4 Frequency of maintenance and servicing of dry type transformers in the market. |
8.5 Adoption rate of energy-efficient technologies in the country. |
9 Cape Verde Dry TypeTransformer Market - Opportunity Assessment |
9.1 Cape Verde Dry TypeTransformer Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Cape Verde Dry TypeTransformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.3 Cape Verde Dry TypeTransformer Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.4 Cape Verde Dry TypeTransformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Cape Verde Dry TypeTransformer Market Opportunity Assessment, By End Phase, 2021 & 2031F |
10 Cape Verde Dry TypeTransformer Market - Competitive Landscape |
10.1 Cape Verde Dry TypeTransformer Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Dry TypeTransformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |