| Product Code: ETC10609487 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Cape Verde`s HVAC equipment import market in 2024 continued to be dominated by top exporters like Portugal, Spain, France, China, and the United States. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially impacting competition. With a notable Compound Annual Growth Rate (CAGR) of 25.28% from 2020-2024, the industry experienced significant growth. Although the growth rate slightly slowed to 1.07% from 2023-2024, the overall trend remains positive, reflecting the continued demand for HVAC equipment 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 HVAC Equipment Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde HVAC Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde HVAC Equipment Market - Industry Life Cycle |
3.4 Cape Verde HVAC Equipment Market - Porter's Five Forces |
3.5 Cape Verde HVAC Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Cape Verde HVAC Equipment Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Cape Verde HVAC Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde HVAC Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and commercial construction projects in Cape Verde leading to higher demand for HVAC equipment. |
4.2.2 Growing awareness and adoption of energy-efficient HVAC solutions in response to sustainability goals and cost savings. |
4.2.3 Government initiatives promoting the use of HVAC equipment to improve indoor air quality and public health. |
4.3 Market Restraints |
4.3.1 High initial cost of HVAC equipment and installation may deter potential customers. |
4.3.2 Limited availability of skilled HVAC technicians for installation, maintenance, and repair services in Cape Verde. |
4.3.3 Economic challenges and fluctuations in the construction sector impacting the demand for HVAC equipment. |
5 Cape Verde HVAC Equipment Market Trends |
6 Cape Verde HVAC Equipment Market, By Types |
6.1 Cape Verde HVAC Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde HVAC Equipment Market Revenues & Volume, By Equipment Type, 2021 - 2031F |
6.1.3 Cape Verde HVAC Equipment Market Revenues & Volume, By Heating Units, 2021 - 2031F |
6.1.4 Cape Verde HVAC Equipment Market Revenues & Volume, By Ventilation Units, 2021 - 2031F |
6.1.5 Cape Verde HVAC Equipment Market Revenues & Volume, By Air Conditioning Units, 2021 - 2031F |
6.1.6 Cape Verde HVAC Equipment Market Revenues & Volume, By Air Purification Units, 2021 - 2031F |
6.2 Cape Verde HVAC Equipment Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde HVAC Equipment Market Revenues & Volume, By Centralized Systems, 2021 - 2031F |
6.2.3 Cape Verde HVAC Equipment Market Revenues & Volume, By Decentralized Systems, 2021 - 2031F |
6.2.4 Cape Verde HVAC Equipment Market Revenues & Volume, By Inverter Technology, 2021 - 2031F |
6.2.5 Cape Verde HVAC Equipment Market Revenues & Volume, By Smart HVAC Systems, 2021 - 2031F |
6.3 Cape Verde HVAC Equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde HVAC Equipment Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.3 Cape Verde HVAC Equipment Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.4 Cape Verde HVAC Equipment Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Cape Verde HVAC Equipment Market Import-Export Trade Statistics |
7.1 Cape Verde HVAC Equipment Market Export to Major Countries |
7.2 Cape Verde HVAC Equipment Market Imports from Major Countries |
8 Cape Verde HVAC Equipment Market Key Performance Indicators |
8.1 Energy efficiency ratings of HVAC equipment sold in Cape Verde. |
8.2 Number of new commercial construction projects incorporating HVAC systems. |
8.3 Percentage of HVAC equipment maintenance and service contracts renewed annually. |
8.4 Adoption rate of smart HVAC technologies in residential and commercial buildings. |
8.5 Number of government regulations or incentives supporting the use of energy-efficient HVAC equipment. |
9 Cape Verde HVAC Equipment Market - Opportunity Assessment |
9.1 Cape Verde HVAC Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Cape Verde HVAC Equipment Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Cape Verde HVAC Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde HVAC Equipment Market - Competitive Landscape |
10.1 Cape Verde HVAC Equipment Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde HVAC Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |