| Product Code: ETC5768606 | 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 on import shipments of pad-mounted transformers, with top exporting countries being Portugal, China, Spain, Germany, and the United States of America. The market concentration, as measured by the HHI, remained very high, indicating a dominating presence of these key exporters. Despite a relatively healthy compound annual growth rate (CAGR) of 5.94% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -19.0%. This suggests a potential slowdown in the market for pad-mounted transformers in Cape Verde and warrants further investigation into the underlying factors driving this trend.

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 Pad-mounted Transformer Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Pad-mounted Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Pad-mounted Transformer Market - Industry Life Cycle |
3.4 Cape Verde Pad-mounted Transformer Market - Porter's Five Forces |
3.5 Cape Verde Pad-mounted Transformer Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Cape Verde Pad-mounted Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.7 Cape Verde Pad-mounted Transformer Market Revenues & Volume Share, By Rated Power Type, 2021 & 2031F |
3.8 Cape Verde Pad-mounted Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
4 Cape Verde Pad-mounted Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable electricity supply in Cape Verde |
4.2.2 Growing investments in infrastructure development projects |
4.2.3 Government initiatives to improve power distribution systems |
4.3 Market Restraints |
4.3.1 High initial investment cost of pad-mounted transformers |
4.3.2 Limited availability of skilled labor for installation and maintenance |
4.3.3 Challenges related to supply chain disruptions |
5 Cape Verde Pad-mounted Transformer Market Trends |
6 Cape Verde Pad-mounted Transformer Market Segmentations |
6.1 Cape Verde Pad-mounted Transformer Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Pad-mounted Transformer Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.3 Cape Verde Pad-mounted Transformer Market Revenues & Volume, By Commercial, 2021-2031F |
6.1.4 Cape Verde Pad-mounted Transformer Market Revenues & Volume, By Residential, 2021-2031F |
6.2 Cape Verde Pad-mounted Transformer Market, By Phase |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Pad-mounted Transformer Market Revenues & Volume, By Single , 2021-2031F |
6.2.3 Cape Verde Pad-mounted Transformer Market Revenues & Volume, By Three, 2021-2031F |
6.3 Cape Verde Pad-mounted Transformer Market, By Rated Power Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Pad-mounted Transformer Market Revenues & Volume, By > 1 MVA, 2021-2031F |
6.3.3 Cape Verde Pad-mounted Transformer Market Revenues & Volume, By |
6.4 Cape Verde Pad-mounted Transformer Market, By Insulation |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Pad-mounted Transformer Market Revenues & Volume, By Dry-type, 2021-2031F |
6.4.3 Cape Verde Pad-mounted Transformer Market Revenues & Volume, By Liquid-immersed, 2021-2031F |
7 Cape Verde Pad-mounted Transformer Market Import-Export Trade Statistics |
7.1 Cape Verde Pad-mounted Transformer Market Export to Major Countries |
7.2 Cape Verde Pad-mounted Transformer Market Imports from Major Countries |
8 Cape Verde Pad-mounted Transformer Market Key Performance Indicators |
8.1 Average age of existing pad-mounted transformers in Cape Verde |
8.2 Percentage of electricity outages caused by transformer failures |
8.3 Adoption rate of smart grid technologies in the power distribution sector |
9 Cape Verde Pad-mounted Transformer Market - Opportunity Assessment |
9.1 Cape Verde Pad-mounted Transformer Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Cape Verde Pad-mounted Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.3 Cape Verde Pad-mounted Transformer Market Opportunity Assessment, By Rated Power Type, 2021 & 2031F |
9.4 Cape Verde Pad-mounted Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
10 Cape Verde Pad-mounted Transformer Market - Competitive Landscape |
10.1 Cape Verde Pad-mounted Transformer Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Pad-mounted Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |