| Product Code: ETC10625807 | 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 import shipments of MEMS gyroscopes in 2024 were primarily sourced from a diverse group of countries including Portugal, Austria, China, Estonia, and Denmark. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a compound annual growth rate (CAGR) of -5.4% from 2020 to 2024. Moreover, the growth rate plummeted by -72.5% from 2023 to 2024, indicating a challenging year for MEMS gyroscope 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 MEMS Gyroscope Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde MEMS Gyroscope Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde MEMS Gyroscope Market - Industry Life Cycle |
3.4 Cape Verde MEMS Gyroscope Market - Porter's Five Forces |
3.5 Cape Verde MEMS Gyroscope Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde MEMS Gyroscope Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde MEMS Gyroscope Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Cape Verde MEMS Gyroscope Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics and automotive applications using MEMS gyroscopes |
4.2.2 Growing adoption of IoT devices and wearable technology in Cape Verde |
4.2.3 Technological advancements leading to improved performance and miniaturization of MEMS gyroscopes |
4.3 Market Restraints |
4.3.1 High initial investment and manufacturing costs associated with MEMS gyroscopes |
4.3.2 Limited awareness and understanding of MEMS technology among end-users in Cape Verde |
4.3.3 Intense competition from alternative sensor technologies in the market |
5 Cape Verde MEMS Gyroscope Market Trends |
6 Cape Verde MEMS Gyroscope Market, By Types |
6.1 Cape Verde MEMS Gyroscope Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Vibratory, 2021 - 2031F |
6.1.4 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Tuning Fork, 2021 - 2031F |
6.1.5 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Optical, 2021 - 2031F |
6.1.6 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Cape Verde MEMS Gyroscope Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Navigation, 2021 - 2031F |
6.2.3 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Gaming & VR, 2021 - 2031F |
6.2.4 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Military Defense Systems, 2021 - 2031F |
6.2.5 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Medical Imaging, 2021 - 2031F |
6.3 Cape Verde MEMS Gyroscope Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.3.3 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.4 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Defense, 2021 - 2031F |
6.3.5 Cape Verde MEMS Gyroscope Market Revenues & Volume, By Healthcare, 2021 - 2031F |
7 Cape Verde MEMS Gyroscope Market Import-Export Trade Statistics |
7.1 Cape Verde MEMS Gyroscope Market Export to Major Countries |
7.2 Cape Verde MEMS Gyroscope Market Imports from Major Countries |
8 Cape Verde MEMS Gyroscope Market Key Performance Indicators |
8.1 Average selling price (ASP) trends for MEMS gyroscopes in Cape Verde |
8.2 Rate of adoption of MEMS gyroscopes in emerging applications within the country |
8.3 Number of research and development initiatives focused on MEMS gyroscopes in Cape Verde |
8.4 Rate of technological advancements and innovations in MEMS gyroscopes relevant to the local market |
9 Cape Verde MEMS Gyroscope Market - Opportunity Assessment |
9.1 Cape Verde MEMS Gyroscope Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde MEMS Gyroscope Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde MEMS Gyroscope Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Cape Verde MEMS Gyroscope Market - Competitive Landscape |
10.1 Cape Verde MEMS Gyroscope Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde MEMS Gyroscope 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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