| Product Code: ETC5060932 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s HVAC import market in 2024 continued to be dominated by top exporting countries such as Portugal, Spain, France, China, and the United States of America. The high concentration of the Herfindahl-Hirschman Index (HHI) suggests a competitive market landscape. With a strong compound annual growth rate (CAGR) of 25.28% from 2020 to 2024, the industry is experiencing significant expansion. Although the growth rate slightly slowed to 1.07% in 2024 compared to the previous year, the overall trend indicates a promising outlook for HVAC imports in Cape Verde.

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 Heating Ventilation and Air Conditioning (HVAC) Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market - Industry Life Cycle |
3.4 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market - Porter's Five Forces |
3.5 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume Share, By System, 2021 & 2031F |
3.6 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume Share, By Revenue Source, 2021 & 2031F |
3.8 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development in Cape Verde |
4.2.2 Growing awareness about energy efficiency and sustainability |
4.2.3 Government initiatives and regulations promoting HVAC system installations |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with HVAC systems |
4.3.2 Limited availability of skilled HVAC technicians in Cape Verde |
4.3.3 Fluctuating raw material prices impacting overall system costs |
5 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Trends |
6 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Segmentations |
6.1 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market, By System |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Heating, 2021-2031F |
6.1.3 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Ventilation, 2021-2031F |
6.1.4 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Humidity, 2021-2031F |
6.1.5 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Integrated Controls, 2021-2031F |
6.2 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Sensors, 2021-2031F |
6.2.3 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Control & Control Devices, 2021-2031F |
6.3 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market, By Revenue Source |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By HVAC Control, 2021-2031F |
6.3.3 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Building Energy Management Systems (BEMS), 2021-2031F |
6.4 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenues & Volume, By Industrial, 2021-2031F |
7 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Import-Export Trade Statistics |
7.1 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Export to Major Countries |
7.2 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Imports from Major Countries |
8 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Key Performance Indicators |
8.1 Energy efficiency ratings of HVAC systems installed |
8.2 Number of new construction projects incorporating HVAC systems |
8.3 Adoption rate of smart HVAC technologies |
8.4 Maintenance and service contracts for HVAC systems |
8.5 Average time taken for HVAC system installations and repairs |
9 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market - Opportunity Assessment |
9.1 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Opportunity Assessment, By System, 2021 & 2031F |
9.2 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Opportunity Assessment, By Revenue Source, 2021 & 2031F |
9.4 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market - Competitive Landscape |
10.1 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Heating Ventilation and Air Conditioning (HVAC) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |