| Product Code: ETC5081547 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to rely heavily on imports of meteorological equipment, with Spain, Portugal, Senegal, Germany, and the United States being the top exporters. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -32.12% from 2020 to 2024. The growth rate plummeted even further in 2024, with a staggering -84.55% decrease compared to the previous year. These trends suggest a challenging environment for meteorological equipment imports in Cape Verde.

The Meteorological Equipment market in Cabo Verde is projected to grow at a high growth rate of 12.59% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

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 Meteorological Equipment Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Meteorological Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Meteorological Equipment Market - Industry Life Cycle |
3.4 Cape Verde Meteorological Equipment Market - Porter's Five Forces |
3.5 Cape Verde Meteorological Equipment Market Revenues & Volume Share, By Instruments, 2021 & 2031F |
3.6 Cape Verde Meteorological Equipment Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.7 Cape Verde Meteorological Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Meteorological Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on climate change mitigation and adaptation measures |
4.2.2 Growing investments in renewable energy projects |
4.2.3 Government initiatives to enhance weather forecasting and disaster management capabilities |
4.3 Market Restraints |
4.3.1 Limited funding for meteorological equipment procurement |
4.3.2 Dependence on external suppliers leading to high import costs |
4.3.3 Technological complexities and lack of skilled personnel for equipment installation and maintenance |
5 Cape Verde Meteorological Equipment Market Trends |
6 Cape Verde Meteorological Equipment Market Segmentations |
6.1 Cape Verde Meteorological Equipment Market, By Instruments |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Meteorological Equipment Market Revenues & Volume, By Anemometer, 2021-2031F |
6.1.3 Cape Verde Meteorological Equipment Market Revenues & Volume, By Hygrometer, 2021-2031F |
6.1.4 Cape Verde Meteorological Equipment Market Revenues & Volume, By Thermometer, 2021-2031F |
6.1.5 Cape Verde Meteorological Equipment Market Revenues & Volume, By Barometer, 2021-2031F |
6.1.6 Cape Verde Meteorological Equipment Market Revenues & Volume, By Pyrometer, 2021-2031F |
6.1.7 Cape Verde Meteorological Equipment Market Revenues & Volume, By Ceilometer, 2021-2031F |
6.1.9 Cape Verde Meteorological Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Cape Verde Meteorological Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Meteorological Equipment Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Meteorological Equipment Market Revenues & Volume, By Research Institute, 2021-2031F |
6.2.3 Cape Verde Meteorological Equipment Market Revenues & Volume, By Weather Forecasting, 2021-2031F |
6.2.4 Cape Verde Meteorological Equipment Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.5 Cape Verde Meteorological Equipment Market Revenues & Volume, By Biotechnical Industry, 2021-2031F |
6.2.6 Cape Verde Meteorological Equipment Market Revenues & Volume, By Weather Station, 2021-2031F |
6.2.7 Cape Verde Meteorological Equipment Market Revenues & Volume, By Environmental Study, 2021-2031F |
6.2.8 Cape Verde Meteorological Equipment Market Revenues & Volume, By Other, 2021-2031F |
6.2.9 Cape Verde Meteorological Equipment Market Revenues & Volume, By Other, 2021-2031F |
6.3 Cape Verde Meteorological Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Meteorological Equipment Market Revenues & Volume, By B2B, 2021-2031F |
6.3.3 Cape Verde Meteorological Equipment Market Revenues & Volume, By B2C, 2021-2031F |
6.3.4 Cape Verde Meteorological Equipment Market Revenues & Volume, By Hypermarkets, 2021-2031F |
6.3.5 Cape Verde Meteorological Equipment Market Revenues & Volume, By Specialty stores, 2021-2031F |
6.3.6 Cape Verde Meteorological Equipment Market Revenues & Volume, By Online stores, 2021-2031F |
6.3.7 Cape Verde Meteorological Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Meteorological Equipment Market Import-Export Trade Statistics |
7.1 Cape Verde Meteorological Equipment Market Export to Major Countries |
7.2 Cape Verde Meteorological Equipment Market Imports from Major Countries |
8 Cape Verde Meteorological Equipment Market Key Performance Indicators |
8.1 Percentage increase in renewable energy capacity |
8.2 Number of government projects related to weather forecasting and disaster management |
8.3 Rate of adoption of advanced meteorological technologies in Cape Verde |
9 Cape Verde Meteorological Equipment Market - Opportunity Assessment |
9.1 Cape Verde Meteorological Equipment Market Opportunity Assessment, By Instruments, 2021 & 2031F |
9.2 Cape Verde Meteorological Equipment Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.3 Cape Verde Meteorological Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Meteorological Equipment Market - Competitive Landscape |
10.1 Cape Verde Meteorological Equipment Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Meteorological Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |