| Product Code: ETC4556270 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Nigeria military`s import of electro-optics/infrared systems in 2024 was dominated by shipments from the Netherlands, China, Taiwan, South Africa, and Romania. Despite a high Herfindahl-Hirschman Index (HHI) concentration in 2023, the market saw a shift to even higher concentration in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was notably negative at -31.77%, with a further decline in growth rate from 2023 to 2024 at -30.31%. This indicates a challenging market environment for suppliers of military EO/IR systems in Nigeria.
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 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market - Industry Life Cycle |
3.4 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market - Porter's Five Forces |
3.5 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume Share, By System, 2021 & 2031F |
3.6 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume Share, By System, 2021 & 2031F |
3.7 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing security threats and terrorist activities in Nigeria |
4.2.2 Government focus on modernizing and strengthening the country's defense capabilities |
4.2.3 Technological advancements in electro-optics and infrared systems |
4.3 Market Restraints |
4.3.1 Budget constraints and limited defense spending by the Nigerian government |
4.3.2 Lack of skilled workforce in the electro-optics and infrared technology sector |
4.3.3 Regulatory challenges and export restrictions on military-grade technology |
5 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Trends |
6 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market, By Types |
6.1 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market, By System |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume, By System, 2021 - 2031F |
6.1.3 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume, By EO/IR, 2021 - 2031F |
6.2 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market, By System |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume, By Targeting, 2021 - 2031F |
6.2.3 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume, By Imaging, 2021 - 2031F |
6.3 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume, By Uncooled, 2021 - 2031F |
6.3.3 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenues & Volume, By Cooled, 2021 - 2031F |
7 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Import-Export Trade Statistics |
7.1 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Export to Major Countries |
7.2 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Imports from Major Countries |
8 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Key Performance Indicators |
8.1 Number of successful deployments of electro-optics/infrared systems in military operations |
8.2 Adoption rate of next-generation electro-optics/infrared technologies by the Nigerian military |
8.3 Percentage increase in defense budget allocation towards electro-optics/infrared systems research and development |
8.4 Rate of technological innovation and product development in the electro-optics/infrared systems market in Nigeria |
8.5 Number of partnerships and collaborations between Nigerian defense agencies and international electro-optics/infrared technology providers |
9 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market - Opportunity Assessment |
9.1 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Opportunity Assessment, By System, 2021 & 2031F |
9.2 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Opportunity Assessment, By System, 2021 & 2031F |
9.3 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market - Competitive Landscape |
10.1 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Military Electro-Optics/Infrared (EO/IR) Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |