| Product Code: ETC6677191 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a notable decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024, the electric power equipment import shipments to Cape Verde continue to be dominated by a handful of countries. The High Herfindahl-Hirschman Index (HHI) in 2024 indicates a high level of market concentration, with Portugal, France, Italy, China, and Turkey being the top exporters. The significant negative growth rate in 2024 highlights challenges faced by the industry, emphasizing the need for strategic planning and market diversification to drive sustainable growth in the future.

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 Electric Power Equipment Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Electric Power Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Electric Power Equipment Market - Industry Life Cycle |
3.4 Cape Verde Electric Power Equipment Market - Porter's Five Forces |
3.5 Cape Verde Electric Power Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Electric Power Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Electric Power Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in Cape Verde due to population growth and economic development |
4.2.2 Government initiatives and investments in renewable energy projects to reduce dependency on fossil fuels |
4.2.3 Growing awareness and adoption of energy-efficient technologies in the region |
4.3 Market Restraints |
4.3.1 Limited access to financing for power equipment projects in Cape Verde |
4.3.2 Challenges related to the integration of renewable energy sources into the existing power grid |
4.3.3 Political and regulatory uncertainties impacting the investment climate in the country |
5 Cape Verde Electric Power Equipment Market Trends |
6 Cape Verde Electric Power Equipment Market, By Types |
6.1 Cape Verde Electric Power Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Electric Power Equipment Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde Electric Power Equipment Market Revenues & Volume, By Transformers, 2021- 2031F |
6.1.4 Cape Verde Electric Power Equipment Market Revenues & Volume, By Switchgear, 2021- 2031F |
6.1.5 Cape Verde Electric Power Equipment Market Revenues & Volume, By Switchboard Apparatus, 2021- 2031F |
6.2 Cape Verde Electric Power Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Electric Power Equipment Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.3 Cape Verde Electric Power Equipment Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Cape Verde Electric Power Equipment Market Revenues & Volume, By Residential, 2021- 2031F |
7 Cape Verde Electric Power Equipment Market Import-Export Trade Statistics |
7.1 Cape Verde Electric Power Equipment Market Export to Major Countries |
7.2 Cape Verde Electric Power Equipment Market Imports from Major Countries |
8 Cape Verde Electric Power Equipment Market Key Performance Indicators |
8.1 Renewable energy capacity additions in Cape Verde |
8.2 Percentage of electricity generated from renewable sources |
8.3 Energy efficiency improvements in power equipment installations |
9 Cape Verde Electric Power Equipment Market - Opportunity Assessment |
9.1 Cape Verde Electric Power Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Electric Power Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Electric Power Equipment Market - Competitive Landscape |
10.1 Cape Verde Electric Power Equipment Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Electric Power Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |