| Product Code: ETC10611215 | 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 |
In 2024, Cape Verde continued to heavily rely on imports for HVAC pumps, with top exporting countries being Portugal, Norway, Senegal, China, and Areas, nes. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 13.23% from 2020-24, there was a slight decline in growth rate from 2023-24 at -5.0%. This data suggests a stable market with potential for continued growth, albeit with some fluctuations.

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 Pump Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde HVAC Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde HVAC Pump Market - Industry Life Cycle |
3.4 Cape Verde HVAC Pump Market - Porter's Five Forces |
3.5 Cape Verde HVAC Pump Market Revenues & Volume Share, By Pump Type, 2021 & 2031F |
3.6 Cape Verde HVAC Pump Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Cape Verde HVAC Pump Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cape Verde HVAC Pump Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Cape Verde HVAC Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC pumps in Cape Verde due to rising awareness about energy conservation and sustainability. |
4.2.2 Government initiatives and regulations promoting the adoption of energy-efficient HVAC pumps to reduce carbon footprint. |
4.2.3 Growth in the construction sector in Cape Verde leading to higher demand for HVAC systems and pumps. |
4.3 Market Restraints |
4.3.1 High initial investment costs for energy-efficient HVAC pumps may deter some customers from adopting them. |
4.3.2 Limited availability of skilled technicians for installation and maintenance of advanced HVAC pump systems. |
4.3.3 Fluctuations in raw material prices impacting the manufacturing costs of HVAC pumps. |
5 Cape Verde HVAC Pump Market Trends |
6 Cape Verde HVAC Pump Market, By Types |
6.1 Cape Verde HVAC Pump Market, By Pump Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde HVAC Pump Market Revenues & Volume, By Pump Type, 2021 - 2031F |
6.1.3 Cape Verde HVAC Pump Market Revenues & Volume, By Centrifugal Pumps, 2021 - 2031F |
6.1.4 Cape Verde HVAC Pump Market Revenues & Volume, By Reciprocating Pumps, 2021 - 2031F |
6.1.5 Cape Verde HVAC Pump Market Revenues & Volume, By Rotary Pumps, 2021 - 2031F |
6.2 Cape Verde HVAC Pump Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde HVAC Pump Market Revenues & Volume, By Below 5 HP, 2021 - 2031F |
6.2.3 Cape Verde HVAC Pump Market Revenues & Volume, By 5-15 HP, 2021 - 2031F |
6.2.4 Cape Verde HVAC Pump Market Revenues & Volume, By Above 15 HP, 2021 - 2031F |
6.3 Cape Verde HVAC Pump Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde HVAC Pump Market Revenues & Volume, By Chilled Water Systems, 2021 - 2031F |
6.3.3 Cape Verde HVAC Pump Market Revenues & Volume, By Condensers, 2021 - 2031F |
6.3.4 Cape Verde HVAC Pump Market Revenues & Volume, By Cooling Towers, 2021 - 2031F |
6.4 Cape Verde HVAC Pump Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde HVAC Pump Market Revenues & Volume, By Residential, 2021 - 2031F |
6.4.3 Cape Verde HVAC Pump Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Cape Verde HVAC Pump Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Cape Verde HVAC Pump Market Import-Export Trade Statistics |
7.1 Cape Verde HVAC Pump Market Export to Major Countries |
7.2 Cape Verde HVAC Pump Market Imports from Major Countries |
8 Cape Verde HVAC Pump Market Key Performance Indicators |
8.1 Energy efficiency rating of HVAC pumps sold in Cape Verde. |
8.2 Number of government incentives or subsidies provided for the adoption of energy-efficient HVAC pumps. |
8.3 Percentage increase in the installation of HVAC systems in new construction projects in Cape Verde. |
8.4 Customer satisfaction scores related to the performance and reliability of HVAC pumps in Cape Verde. |
8.5 Percentage of HVAC pump manufacturers in Cape Verde investing in research and development for innovative and energy-efficient products. |
9 Cape Verde HVAC Pump Market - Opportunity Assessment |
9.1 Cape Verde HVAC Pump Market Opportunity Assessment, By Pump Type, 2021 & 2031F |
9.2 Cape Verde HVAC Pump Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Cape Verde HVAC Pump Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cape Verde HVAC Pump Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Cape Verde HVAC Pump Market - Competitive Landscape |
10.1 Cape Verde HVAC Pump Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde HVAC Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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