| Product Code: ETC6678991 | 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 |
In 2024, Cape Verde continued to rely on import shipments of gas turbines for thermal power generation, with top exporting countries being Areas, nes, China, Germany, Netherlands, and Portugal. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). However, the industry experienced a significant decline in CAGR from 2020 to 2024 at -43.43%, with a steep drop in growth rate from 2023 to 2024 at -79.63%. These figures suggest a challenging market environment for gas turbines in Cape Verde, indicating potential shifts in demand and supply dynamics.

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 Gas Turbines in Thermal Power Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Gas Turbines in Thermal Power Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Gas Turbines in Thermal Power Market - Industry Life Cycle |
3.4 Cape Verde Gas Turbines in Thermal Power Market - Porter's Five Forces |
3.5 Cape Verde Gas Turbines in Thermal Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Cape Verde Gas Turbines in Thermal Power Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Cape Verde Gas Turbines in Thermal Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in Cape Verde |
4.2.2 Government initiatives to enhance energy infrastructure |
4.2.3 Growing focus on renewable energy sources leading to more opportunities for gas turbines in thermal power market |
4.3 Market Restraints |
4.3.1 High initial investment costs for gas turbines |
4.3.2 Limited natural gas reserves in Cape Verde |
4.3.3 Competition from other energy sources like solar and wind power |
5 Cape Verde Gas Turbines in Thermal Power Market Trends |
6 Cape Verde Gas Turbines in Thermal Power Market, By Types |
6.1 Cape Verde Gas Turbines in Thermal Power Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Gas Turbines in Thermal Power Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Cape Verde Gas Turbines in Thermal Power Market Revenues & Volume, By Less Than 30 Mw, 2021- 2031F |
6.1.4 Cape Verde Gas Turbines in Thermal Power Market Revenues & Volume, By 31-120 Mw, 2021- 2031F |
6.1.5 Cape Verde Gas Turbines in Thermal Power Market Revenues & Volume, By Above 120 Mw, 2021- 2031F |
6.2 Cape Verde Gas Turbines in Thermal Power Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Gas Turbines in Thermal Power Market Revenues & Volume, By Combined Cycle, 2021- 2031F |
6.2.3 Cape Verde Gas Turbines in Thermal Power Market Revenues & Volume, By Open Cycle, 2021- 2031F |
7 Cape Verde Gas Turbines in Thermal Power Market Import-Export Trade Statistics |
7.1 Cape Verde Gas Turbines in Thermal Power Market Export to Major Countries |
7.2 Cape Verde Gas Turbines in Thermal Power Market Imports from Major Countries |
8 Cape Verde Gas Turbines in Thermal Power Market Key Performance Indicators |
8.1 Capacity utilization rate of gas turbines in Cape Verde |
8.2 Average efficiency of gas turbines in thermal power generation |
8.3 Number of new projects incorporating gas turbines in the energy sector |
9 Cape Verde Gas Turbines in Thermal Power Market - Opportunity Assessment |
9.1 Cape Verde Gas Turbines in Thermal Power Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Cape Verde Gas Turbines in Thermal Power Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Cape Verde Gas Turbines in Thermal Power Market - Competitive Landscape |
10.1 Cape Verde Gas Turbines in Thermal Power Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Gas Turbines in Thermal Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |