| Product Code: ETC12898895 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cape Verde continued to rely heavily on imports of magnetic sensors, with top exporters being Spain, Portugal, China, Italy, and France. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 31.92% over the period 2020-2024, there was a notable decline in the growth rate from 2023 to 2024 at -16.57%. This shift in growth rate suggests a potential slowdown in the market, highlighting the need for further analysis and strategic planning for stakeholders in the industry.




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 Magnetic Sensors Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Magnetic Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Magnetic Sensors Market - Industry Life Cycle |
3.4 Cape Verde Magnetic Sensors Market - Porter's Five Forces |
3.5 Cape Verde Magnetic Sensors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Magnetic Sensors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Magnetic Sensors Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cape Verde Magnetic Sensors Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Cape Verde Magnetic Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics and automotive applications that utilize magnetic sensors |
4.2.2 Technological advancements leading to improved performance and functionality of magnetic sensors |
4.2.3 Growing adoption of Internet of Things (IoT) devices and smart technologies using magnetic sensors |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in manufacturing magnetic sensors |
4.3.2 Intense competition among key market players leading to pricing pressures |
4.3.3 Regulatory challenges and compliance requirements affecting market entry barriers |
5 Cape Verde Magnetic Sensors Market Trends |
6 Cape Verde Magnetic Sensors Market, By Types |
6.1 Cape Verde Magnetic Sensors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Magnetic Sensors Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde Magnetic Sensors Market Revenues & Volume, By Hall Effect, 2021 - 2031F |
6.1.4 Cape Verde Magnetic Sensors Market Revenues & Volume, By AMR, 2021 - 2031F |
6.1.5 Cape Verde Magnetic Sensors Market Revenues & Volume, By GMR, 2021 - 2031F |
6.2 Cape Verde Magnetic Sensors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Magnetic Sensors Market Revenues & Volume, By Automotive Safety, 2021 - 2031F |
6.2.3 Cape Verde Magnetic Sensors Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.2.4 Cape Verde Magnetic Sensors Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.3 Cape Verde Magnetic Sensors Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Magnetic Sensors Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Cape Verde Magnetic Sensors Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.4 Cape Verde Magnetic Sensors Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4 Cape Verde Magnetic Sensors Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Magnetic Sensors Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4.3 Cape Verde Magnetic Sensors Market Revenues & Volume, By Distributors, 2021 - 2031F |
6.4.4 Cape Verde Magnetic Sensors Market Revenues & Volume, By Online Sales, 2021 - 2031F |
7 Cape Verde Magnetic Sensors Market Import-Export Trade Statistics |
7.1 Cape Verde Magnetic Sensors Market Export to Major Countries |
7.2 Cape Verde Magnetic Sensors Market Imports from Major Countries |
8 Cape Verde Magnetic Sensors Market Key Performance Indicators |
8.1 Average selling price (ASP) of magnetic sensors in Cape Verde |
8.2 Number of new product launches and innovations in the magnetic sensors market |
8.3 Adoption rate of magnetic sensors in emerging applications such as healthcare and industrial automation |
9 Cape Verde Magnetic Sensors Market - Opportunity Assessment |
9.1 Cape Verde Magnetic Sensors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Magnetic Sensors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Magnetic Sensors Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cape Verde Magnetic Sensors Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Cape Verde Magnetic Sensors Market - Competitive Landscape |
10.1 Cape Verde Magnetic Sensors Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Magnetic Sensors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |