| Product Code: ETC6690048 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of tankless water heaters to Cape Verde in 2024 continued to show a high concentration, with top exporting countries being Portugal, China, Italy, Spain, and Netherlands. The market experienced steady growth with a Compound Annual Growth Rate (CAGR) of 11.61% from 2020 to 2024. Although the growth rate slightly decreased to 1.15% in 2024 compared to the previous year, the market remains promising for tankless water heater suppliers looking to expand their presence 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 Tankless Water Heater Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Tankless Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Tankless Water Heater Market - Industry Life Cycle |
3.4 Cape Verde Tankless Water Heater Market - Porter's Five Forces |
3.5 Cape Verde Tankless Water Heater Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Tankless Water Heater Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Tankless Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in Cape Verde |
4.2.2 Growing awareness about the benefits of tankless water heaters in terms of energy savings and space efficiency |
4.2.3 Government initiatives promoting the adoption of renewable energy technologies in the country |
4.3 Market Restraints |
4.3.1 High initial cost of tankless water heaters compared to traditional water heaters |
4.3.2 Limited availability of skilled installers and technicians for tankless water heater installation in Cape Verde |
4.3.3 Lack of consumer education and awareness about the technology and benefits of tankless water heaters |
5 Cape Verde Tankless Water Heater Market Trends |
6 Cape Verde Tankless Water Heater Market, By Types |
6.1 Cape Verde Tankless Water Heater Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Tankless Water Heater Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Tankless Water Heater Market Revenues & Volume, By Whole-House, 2021- 2031F |
6.1.4 Cape Verde Tankless Water Heater Market Revenues & Volume, By Point-of-Use, 2021- 2031F |
6.2 Cape Verde Tankless Water Heater Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Tankless Water Heater Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Cape Verde Tankless Water Heater Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Cape Verde Tankless Water Heater Market Import-Export Trade Statistics |
7.1 Cape Verde Tankless Water Heater Market Export to Major Countries |
7.2 Cape Verde Tankless Water Heater Market Imports from Major Countries |
8 Cape Verde Tankless Water Heater Market Key Performance Indicators |
8.1 Energy savings percentage achieved by households using tankless water heaters |
8.2 Number of government incentives or subsidies provided for the installation of tankless water heaters |
8.3 Growth in the number of certified installers and technicians for tankless water heaters in Cape Verde |
9 Cape Verde Tankless Water Heater Market - Opportunity Assessment |
9.1 Cape Verde Tankless Water Heater Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Tankless Water Heater Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Tankless Water Heater Market - Competitive Landscape |
10.1 Cape Verde Tankless Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Tankless Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |