| Product Code: ETC10240079 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of pump hydro storage to Cape Verde in 2024 saw a significant increase in concentration, with Germany, Portugal, Spain, France, and the United States being the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, which continued to rise in 2024. The impressive Compound Annual Growth Rate (CAGR) of 41.82% from 2020 to 2024 demonstrates the growing demand for pump hydro storage in Cape Verde. Moreover, the rapid growth rate of 60.46% from 2023 to 2024 highlights the escalating interest in this energy storage solution within the country.

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 Pump Hydro Storage Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Pump Hydro Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Pump Hydro Storage Market - Industry Life Cycle |
3.4 Cape Verde Pump Hydro Storage Market - Porter's Five Forces |
3.5 Cape Verde Pump Hydro Storage Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Pump Hydro Storage Market Revenues & Volume Share, By Energy Source, 2021 & 2031F |
3.7 Cape Verde Pump Hydro Storage Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cape Verde Pump Hydro Storage Market Revenues & Volume Share, By Storage Capacity, 2021 & 2031F |
3.9 Cape Verde Pump Hydro Storage Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
4 Cape Verde Pump Hydro Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Pump Hydro Storage Market Trends |
6 Cape Verde Pump Hydro Storage Market, By Types |
6.1 Cape Verde Pump Hydro Storage Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Pumped Storage, 2021 - 2031F |
6.1.4 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Turbine Pump, 2021 - 2031F |
6.1.5 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Electrical Pump, 2021 - 2031F |
6.2 Cape Verde Pump Hydro Storage Market, By Energy Source |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Hydropower, 2021 - 2031F |
6.2.3 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.2.4 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Wind Power, 2021 - 2031F |
6.3 Cape Verde Pump Hydro Storage Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Grid Stabilization, 2021 - 2031F |
6.3.3 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Peak Shaving, 2021 - 2031F |
6.3.4 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Emergency Backup, 2021 - 2031F |
6.4 Cape Verde Pump Hydro Storage Market, By Storage Capacity |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Large Scale, 2021 - 2031F |
6.4.3 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Small Scale, 2021 - 2031F |
6.5 Cape Verde Pump Hydro Storage Market, By Technology Type |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Conventional, 2021 - 2031F |
6.5.3 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Modern, 2021 - 2031F |
6.5.4 Cape Verde Pump Hydro Storage Market Revenues & Volume, By Hybrid, 2021 - 2031F |
7 Cape Verde Pump Hydro Storage Market Import-Export Trade Statistics |
7.1 Cape Verde Pump Hydro Storage Market Export to Major Countries |
7.2 Cape Verde Pump Hydro Storage Market Imports from Major Countries |
8 Cape Verde Pump Hydro Storage Market Key Performance Indicators |
9 Cape Verde Pump Hydro Storage Market - Opportunity Assessment |
9.1 Cape Verde Pump Hydro Storage Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Pump Hydro Storage Market Opportunity Assessment, By Energy Source, 2021 & 2031F |
9.3 Cape Verde Pump Hydro Storage Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cape Verde Pump Hydro Storage Market Opportunity Assessment, By Storage Capacity, 2021 & 2031F |
9.5 Cape Verde Pump Hydro Storage Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
10 Cape Verde Pump Hydro Storage Market - Competitive Landscape |
10.1 Cape Verde Pump Hydro Storage Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Pump Hydro Storage 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.
To discover high-growth global markets and optimize your business strategy:
Click Here