Cape Verde Gas Turbines Market (2025-2031) | Industry, Outlook, Segmentation, Growth, Forecast, Value, Companies, Competitive Landscape, Share, Trends, Analysis, Size & Revenue

Market Forecast By Technology (Open Cycle, Combined Cycles), By Design (Heavy Duty, Aeroderivative), By Application (Power, Oil & Gas, Others), By Capacity (<1-40 MW, 40-150 MW, 150-300 MW, Above 300 MW) And Competitive Landscape
Product Code: ETC6678990 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

Cape Verde Gas Turbines Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Cape Verde continued to rely on gas turbine imports, with top exporters being Areas, nes, China, Germany, Netherlands, and Portugal. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was notably negative at -43.43%, with a significant decline in growth rate from 2023 to 2024 at -79.63%. These trends suggest challenges and fluctuations in the gas turbine import market for Cape Verde, highlighting the need for strategic planning and market analysis.

Cape Verde Gas Turbines Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Cape Verde Gas Turbines Market Outlook
  • Market Size of Cape Verde Gas Turbines Market, 2024
  • Forecast of Cape Verde Gas Turbines Market, 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Revenues & Volume for the Period 2021- 2031
  • Cape Verde Gas Turbines Market Trend Evolution
  • Cape Verde Gas Turbines Market Drivers and Challenges
  • Cape Verde Gas Turbines Price Trends
  • Cape Verde Gas Turbines Porter's Five Forces
  • Cape Verde Gas Turbines Industry Life Cycle
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Technology for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Open Cycle for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Combined Cycles for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Design for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Heavy Duty for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Aeroderivative for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Power for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Oil & Gas for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Capacity for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By <1-40 MW for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By 40-150 MW for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By 150-300 MW for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Gas Turbines Market Revenues & Volume By Above 300 MW for the Period 2021- 2031
  • Cape Verde Gas Turbines Import Export Trade Statistics
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Design
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Capacity
  • Cape Verde Gas Turbines Top Companies Market Share
  • Cape Verde Gas Turbines Competitive Benchmarking By Technical and Operational Parameters
  • Cape Verde Gas Turbines Company Profiles
  • Cape Verde Gas Turbines Key Strategic Recommendations

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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 Market Overview

3.1 Cape Verde Country Macro Economic Indicators

3.2 Cape Verde Gas Turbines Market Revenues & Volume, 2021 & 2031F

3.3 Cape Verde Gas Turbines Market - Industry Life Cycle

3.4 Cape Verde Gas Turbines Market - Porter's Five Forces

3.5 Cape Verde Gas Turbines Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.6 Cape Verde Gas Turbines Market Revenues & Volume Share, By Design, 2021 & 2031F

3.7 Cape Verde Gas Turbines Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Cape Verde Gas Turbines Market Revenues & Volume Share, By Capacity, 2021 & 2031F

4 Cape Verde Gas Turbines 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 promote renewable energy sources

4.2.3 Growth in industrial and commercial sectors in Cape Verde

4.3 Market Restraints

4.3.1 High initial investment cost for gas turbines

4.3.2 Limited natural gas reserves in Cape Verde

4.3.3 Competition from other renewable energy sources

5 Cape Verde Gas Turbines Market Trends

6 Cape Verde Gas Turbines Market, By Types

6.1 Cape Verde Gas Turbines Market, By Technology

6.1.1 Overview and Analysis

6.1.2 Cape Verde Gas Turbines Market Revenues & Volume, By Technology, 2021- 2031F

6.1.3 Cape Verde Gas Turbines Market Revenues & Volume, By Open Cycle, 2021- 2031F

6.1.4 Cape Verde Gas Turbines Market Revenues & Volume, By Combined Cycles, 2021- 2031F

6.2 Cape Verde Gas Turbines Market, By Design

6.2.1 Overview and Analysis

6.2.2 Cape Verde Gas Turbines Market Revenues & Volume, By Heavy Duty, 2021- 2031F

6.2.3 Cape Verde Gas Turbines Market Revenues & Volume, By Aeroderivative, 2021- 2031F

6.3 Cape Verde Gas Turbines Market, By Application

6.3.1 Overview and Analysis

6.3.2 Cape Verde Gas Turbines Market Revenues & Volume, By Power, 2021- 2031F

6.3.3 Cape Verde Gas Turbines Market Revenues & Volume, By Oil & Gas, 2021- 2031F

6.3.4 Cape Verde Gas Turbines Market Revenues & Volume, By Others, 2021- 2031F

6.4 Cape Verde Gas Turbines Market, By Capacity

6.4.1 Overview and Analysis

6.4.2 Cape Verde Gas Turbines Market Revenues & Volume, By

6.4.3 Cape Verde Gas Turbines Market Revenues & Volume, By 40-150 MW, 2021- 2031F

6.4.4 Cape Verde Gas Turbines Market Revenues & Volume, By 150-300 MW, 2021- 2031F

6.4.5 Cape Verde Gas Turbines Market Revenues & Volume, By Above 300 MW, 2021- 2031F

7 Cape Verde Gas Turbines Market Import-Export Trade Statistics

7.1 Cape Verde Gas Turbines Market Export to Major Countries

7.2 Cape Verde Gas Turbines Market Imports from Major Countries

8 Cape Verde Gas Turbines Market Key Performance Indicators

8.1 Capacity utilization rate of gas turbines in Cape Verde

8.2 Renewable energy penetration rate in the country

8.3 Energy efficiency of gas turbines in operation

9 Cape Verde Gas Turbines Market - Opportunity Assessment

9.1 Cape Verde Gas Turbines Market Opportunity Assessment, By Technology, 2021 & 2031F

9.2 Cape Verde Gas Turbines Market Opportunity Assessment, By Design, 2021 & 2031F

9.3 Cape Verde Gas Turbines Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Cape Verde Gas Turbines Market Opportunity Assessment, By Capacity, 2021 & 2031F

10 Cape Verde Gas Turbines Market - Competitive Landscape

10.1 Cape Verde Gas Turbines Market Revenue Share, By Companies, 2024

10.2 Cape Verde Gas Turbines Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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