| Product Code: ETC5861972 | 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 saw a significant increase in target drone imports, with top suppliers including Germany, Portugal, Turkey, Cyprus, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 42.34% from 2020 to 2024 highlights the growing demand for target drones in the region. The growth rate of 10.43% from 2023 to 2024 suggests a continued upward trend in import volumes, making Cape Verde an attractive market for drone exporters.

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 Target drones Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Target drones Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Target drones Market - Industry Life Cycle |
3.4 Cape Verde Target drones Market - Porter's Five Forces |
3.5 Cape Verde Target drones Market Revenues & Volume Share, By End-Use Sector, 2021 & 2031F |
3.6 Cape Verde Target drones Market Revenues & Volume Share, By Build, 2021 & 2031F |
3.7 Cape Verde Target drones Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.8 Cape Verde Target drones Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.9 Cape Verde Target drones Market Revenues & Volume Share, By Target Type, 2021 & 2031F |
3.10 Cape Verde Target drones Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.11 Cape Verde Target drones Market Revenues & Volume Share, By Mode Of Operation, 2021 & 2031F |
4 Cape Verde Target drones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for surveillance and reconnaissance capabilities in Cape Verde |
4.2.2 Technological advancements in drone capabilities and features |
4.2.3 Growing investments in defense and security infrastructure in the region |
4.3 Market Restraints |
4.3.1 Regulatory challenges and restrictions on drone operations in Cape Verde |
4.3.2 High initial costs associated with acquiring target drones |
4.3.3 Limited awareness and understanding of the benefits of target drones among potential users in Cape Verde |
5 Cape Verde Target drones Market Trends |
6 Cape Verde Target drones Market Segmentations |
6.1 Cape Verde Target drones Market, By End-Use Sector |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Target drones Market Revenues & Volume, By Defense, 2021-2031F |
6.1.3 Cape Verde Target drones Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Cape Verde Target drones Market, By Build |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Target drones Market Revenues & Volume, By New Build, 2021-2031F |
6.2.3 Cape Verde Target drones Market Revenues & Volume, By Converted, 2021-2031F |
6.3 Cape Verde Target drones Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Target drones Market Revenues & Volume, By IC, 2021-2031F |
6.3.3 Cape Verde Target drones Market Revenues & Volume, By Jet, 2021-2031F |
6.3.4 Cape Verde Target drones Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cape Verde Target drones Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Target drones Market Revenues & Volume, By Aerial Targets, 2021-2031F |
6.4.3 Cape Verde Target drones Market Revenues & Volume, By Ground Targets, 2021-2031F |
6.4.4 Cape Verde Target drones Market Revenues & Volume, By Marine Targets, 2021-2031F |
6.5 Cape Verde Target drones Market, By Target Type |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Target drones Market Revenues & Volume, By Full-Scale, 2021-2031F |
6.5.3 Cape Verde Target drones Market Revenues & Volume, By Sub-Scale, 2021-2031F |
6.5.4 Cape Verde Target drones Market Revenues & Volume, By Free-Flying, 2021-2031F |
6.5.5 Cape Verde Target drones Market Revenues & Volume, By Towing, 2021-2031F |
6.5.6 Cape Verde Target drones Market Revenues & Volume, By Sporting, 2021-2031F |
6.6 Cape Verde Target drones Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Cape Verde Target drones Market Revenues & Volume, By Combat Training, 2021-2031F |
6.6.3 Cape Verde Target drones Market Revenues & Volume, By Target & Decoy, 2021-2031F |
6.6.4 Cape Verde Target drones Market Revenues & Volume, By Reconnaissance, 2021-2031F |
6.6.5 Cape Verde Target drones Market Revenues & Volume, By Target Identification, 2021-2031F |
6.6.6 Cape Verde Target drones Market Revenues & Volume, By Target Acquisition, 2021-2031F |
6.7 Cape Verde Target drones Market, By Mode Of Operation |
6.7.1 Overview and Analysis |
6.7.2 Cape Verde Target drones Market Revenues & Volume, By Autonomous, 2021-2031F |
6.7.3 Cape Verde Target drones Market Revenues & Volume, By Remotely Piloted, 2021-2031F |
6.7.4 Cape Verde Target drones Market Revenues & Volume, By , 2021-2031F |
6.8 Cape Verde Target drones Market, By Payload Capacity |
6.8.1 Overview and Analysis |
6.8.2 Cape Verde Target drones Market Revenues & Volume, By High (>40 Kg), 2021-2031F |
6.8.3 Cape Verde Target drones Market Revenues & Volume, By Medium (20 Kg to 40 Kg), 2021-2031F |
6.8.4 Cape Verde Target drones Market Revenues & Volume, By , 2021-2031F |
7 Cape Verde Target drones Market Import-Export Trade Statistics |
7.1 Cape Verde Target drones Market Export to Major Countries |
7.2 Cape Verde Target drones Market Imports from Major Countries |
8 Cape Verde Target drones Market Key Performance Indicators |
8.1 Average flight time of target drones in Cape Verde |
8.2 Number of successful drone integration projects in defense and security operations |
8.3 Percentage increase in government spending on drone technology research and development |
9 Cape Verde Target drones Market - Opportunity Assessment |
9.1 Cape Verde Target drones Market Opportunity Assessment, By End-Use Sector, 2021 & 2031F |
9.2 Cape Verde Target drones Market Opportunity Assessment, By Build, 2021 & 2031F |
9.3 Cape Verde Target drones Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.4 Cape Verde Target drones Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.5 Cape Verde Target drones Market Opportunity Assessment, By Target Type, 2021 & 2031F |
9.6 Cape Verde Target drones Market Opportunity Assessment, By Application, 2021 & 2031F |
9.7 Cape Verde Target drones Market Opportunity Assessment, By Mode Of Operation, 2021 & 2031F |
9.7 Cape Verde Target drones Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
10 Cape Verde Target drones Market - Competitive Landscape |
10.1 Cape Verde Target drones Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Target drones 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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