| Product Code: ETC10346639 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cape Verde continued to rely heavily on imports of rotating equipment, with top exporters being Portugal, Senegal, Spain, Areas, nes, and Netherlands. Despite a slightly declining Compound Annual Growth Rate (CAGR) from 2020-2024 at -0.6%, the growth rate surged by an impressive 87.32% from 2023-2024. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). This data suggests a dynamic and evolving market landscape for rotating equipment imports in Cape Verde, with notable growth potential in the near future.

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 Rotating Equipment Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Rotating Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Rotating Equipment Market - Industry Life Cycle |
3.4 Cape Verde Rotating Equipment Market - Porter's Five Forces |
3.5 Cape Verde Rotating Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Rotating Equipment Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.7 Cape Verde Rotating Equipment Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cape Verde Rotating Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Rotating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Cape Verde leading to higher demand for rotating equipment |
4.2.2 Growth in the construction sector driving the need for rotating equipment in infrastructure projects |
4.2.3 Investments in renewable energy projects requiring rotating equipment for power generation |
4.3 Market Restraints |
4.3.1 Limited availability of skilled workforce for maintenance and operation of rotating equipment |
4.3.2 Dependence on imports for high-quality rotating equipment leading to supply chain challenges |
5 Cape Verde Rotating Equipment Market Trends |
6 Cape Verde Rotating Equipment Market, By Types |
6.1 Cape Verde Rotating Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Rotating Equipment Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde Rotating Equipment Market Revenues & Volume, By Compressors, 2021 - 2031F |
6.1.4 Cape Verde Rotating Equipment Market Revenues & Volume, By Turbines, 2021 - 2031F |
6.1.5 Cape Verde Rotating Equipment Market Revenues & Volume, By Pumps, 2021 - 2031F |
6.1.6 Cape Verde Rotating Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Cape Verde Rotating Equipment Market, By Drive Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Rotating Equipment Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2.3 Cape Verde Rotating Equipment Market Revenues & Volume, By Mechanical, 2021 - 2031F |
6.2.4 Cape Verde Rotating Equipment Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2.5 Cape Verde Rotating Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Cape Verde Rotating Equipment Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Rotating Equipment Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.3.3 Cape Verde Rotating Equipment Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.3.4 Cape Verde Rotating Equipment Market Revenues & Volume, By Chemicals, 2021 - 2031F |
6.3.5 Cape Verde Rotating Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Cape Verde Rotating Equipment Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Rotating Equipment Market Revenues & Volume, By Fluid Handling, 2021 - 2031F |
6.4.3 Cape Verde Rotating Equipment Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.4.4 Cape Verde Rotating Equipment Market Revenues & Volume, By Processing, 2021 - 2031F |
6.4.5 Cape Verde Rotating Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
7 Cape Verde Rotating Equipment Market Import-Export Trade Statistics |
7.1 Cape Verde Rotating Equipment Market Export to Major Countries |
7.2 Cape Verde Rotating Equipment Market Imports from Major Countries |
8 Cape Verde Rotating Equipment Market Key Performance Indicators |
8.1 Energy efficiency improvement in rotating equipment |
8.2 Reduction in downtime due to maintenance and repairs of rotating equipment |
8.3 Increase in the adoption of advanced technology and innovation in rotating equipment |
8.4 Growth in the number of local manufacturing companies producing rotating equipment parts or components |
8.5 Expansion of the service and maintenance network for rotating equipment in Cape Verde |
9 Cape Verde Rotating Equipment Market - Opportunity Assessment |
9.1 Cape Verde Rotating Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Rotating Equipment Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.3 Cape Verde Rotating Equipment Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cape Verde Rotating Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Rotating Equipment Market - Competitive Landscape |
10.1 Cape Verde Rotating Equipment Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Rotating Equipment 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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