| Product Code: ETC5399683 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to rely heavily on marine propulsion system imports, with China, Portugal, USA, Netherlands, and Italy emerging as the top exporting countries. The High Herfindahl-Hirschman Index (HHI) signifies a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 21.84% from 2020-2024 demonstrates a thriving industry. Furthermore, the notable growth rate of 54.4% from 2023-2024 highlights the increasing demand for marine propulsion systems in Cape Verde, indicating potential opportunities for market expansion and development in the coming years.

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 Marine Propulsion Systems Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Marine Propulsion Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Marine Propulsion Systems Market - Industry Life Cycle |
3.4 Cape Verde Marine Propulsion Systems Market - Porter's Five Forces |
3.5 Cape Verde Marine Propulsion Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Marine Propulsion Systems Market Revenues & Volume Share, By Power, 2021 & 2031F |
3.7 Cape Verde Marine Propulsion Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Cape Verde Marine Propulsion Systems Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.9 Cape Verde Marine Propulsion Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Marine Propulsion Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in maritime tourism industry in Cape Verde |
4.2.2 Increasing focus on sustainable and eco-friendly marine propulsion systems |
4.2.3 Government initiatives to develop the maritime sector in Cape Verde |
4.3 Market Restraints |
4.3.1 High initial investment cost for advanced marine propulsion systems |
4.3.2 Limited availability of skilled workforce for maintenance and operation of marine propulsion systems |
5 Cape Verde Marine Propulsion Systems Market Trends |
6 Cape Verde Marine Propulsion Systems Market Segmentations |
6.1 Cape Verde Marine Propulsion Systems Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.3 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Wind & Solar, 2021-2031F |
6.1.4 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Gas Turbine, 2021-2031F |
6.1.5 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Fuel Cell, 2021-2031F |
6.1.6 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Steam Turbine, 2021-2031F |
6.1.7 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 Cape Verde Marine Propulsion Systems Market, By Power |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Below 1,000 HP, 2021-2031F |
6.2.3 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By 1,001-5,000 HP, 2021-2031F |
6.2.4 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By 5,001-10,000 HP, 2021-2031F |
6.2.5 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By 10,001-20,000 HP, 2021-2031F |
6.2.6 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Above 20,000 HP, 2021-2031F |
6.3 Cape Verde Marine Propulsion Systems Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Low Speed, 2021-2031F |
6.3.3 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Medium Speed, 2021-2031F |
6.3.4 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By High Speed, 2021-2031F |
6.4 Cape Verde Marine Propulsion Systems Market, By Propulsion |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By 2 Stroke, 2021-2031F |
6.4.3 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By 4 Stroke, 2021-2031F |
6.5 Cape Verde Marine Propulsion Systems Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Offshore, 2021-2031F |
6.5.4 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Recreational, 2021-2031F |
6.5.5 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Navy, 2021-2031F |
6.5.6 Cape Verde Marine Propulsion Systems Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Marine Propulsion Systems Market Import-Export Trade Statistics |
7.1 Cape Verde Marine Propulsion Systems Market Export to Major Countries |
7.2 Cape Verde Marine Propulsion Systems Market Imports from Major Countries |
8 Cape Verde Marine Propulsion Systems Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly marine propulsion systems in Cape Verde |
8.2 Number of new maritime tourism projects utilizing advanced propulsion systems |
8.3 Investment in research and development for marine propulsion technologies in Cape Verde |
9 Cape Verde Marine Propulsion Systems Market - Opportunity Assessment |
9.1 Cape Verde Marine Propulsion Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Marine Propulsion Systems Market Opportunity Assessment, By Power, 2021 & 2031F |
9.3 Cape Verde Marine Propulsion Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Cape Verde Marine Propulsion Systems Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.5 Cape Verde Marine Propulsion Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Marine Propulsion Systems Market - Competitive Landscape |
10.1 Cape Verde Marine Propulsion Systems Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Marine Propulsion Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |