| Product Code: ETC6677204 | 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 |
The electric submersible pump import market in Cape Verde experienced significant growth in 2024, with Germany, Portugal, Spain, France, and the United States emerging as the top exporting countries. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 41.82% from 2020 to 2024 demonstrates the increasing demand for these products in Cape Verde. Moreover, the notable growth rate of 60.46% from 2023 to 2024 highlights the accelerating pace of market expansion in the country.

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 Submersible Pump Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Electric Submersible Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Electric Submersible Pump Market - Industry Life Cycle |
3.4 Cape Verde Electric Submersible Pump Market - Porter's Five Forces |
3.5 Cape Verde Electric Submersible Pump Market Revenues & Volume Share, By Location of Deployment, 2021 & 2031F |
4 Cape Verde Electric Submersible Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction activities in Cape Verde leading to increased demand for electric submersible pumps |
4.2.2 Increasing focus on water resource management and agricultural activities in the region |
4.2.3 Government initiatives to promote renewable energy sources driving the adoption of electric submersible pumps |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with electric submersible pumps |
4.3.2 Lack of skilled workforce for installation and maintenance of these pumps in Cape Verde |
4.3.3 Limited availability of specialized electric submersible pump manufacturers and suppliers in the region |
5 Cape Verde Electric Submersible Pump Market Trends |
6 Cape Verde Electric Submersible Pump Market, By Types |
6.1 Cape Verde Electric Submersible Pump Market, By Location of Deployment |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Electric Submersible Pump Market Revenues & Volume, By Location of Deployment, 2021- 2031F |
6.1.3 Cape Verde Electric Submersible Pump Market Revenues & Volume, By Onshore, 2021- 2031F |
6.1.4 Cape Verde Electric Submersible Pump Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Cape Verde Electric Submersible Pump Market Import-Export Trade Statistics |
7.1 Cape Verde Electric Submersible Pump Market Export to Major Countries |
7.2 Cape Verde Electric Submersible Pump Market Imports from Major Countries |
8 Cape Verde Electric Submersible Pump Market Key Performance Indicators |
8.1 Energy efficiency of electric submersible pumps used in Cape Verde |
8.2 Adoption rate of electric submersible pumps in key industries such as agriculture, mining, and construction |
8.3 Level of investment in water infrastructure projects utilizing electric submersible pumps |
9 Cape Verde Electric Submersible Pump Market - Opportunity Assessment |
9.1 Cape Verde Electric Submersible Pump Market Opportunity Assessment, By Location of Deployment, 2021 & 2031F |
10 Cape Verde Electric Submersible Pump Market - Competitive Landscape |
10.1 Cape Verde Electric Submersible Pump Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Electric Submersible Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |