Nigeria Wind Turbine Market (2025-2031) | Growth, Size & Revenue, Companies, Trends, Segmentation, Outlook, Competitive Landscape, Value, Industry, Share, Analysis, Forecast

Market Forecast By Type (Horizontal, Vertical), By Installation (Onshore, Offshore), By Component (Rotator Blade, Gearbox, Generator, Nacelle, Others), By Application (Industrial, Commercial, Residential, Utility) And Competitive Landscape
Product Code: ETC8638516 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Nigeria Wind Turbine Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Nigeria continued to see substantial wind turbine import shipments, with the USA, China, Sweden, Areas, nes, and Germany emerging as top exporting countries. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a significant decline with a CAGR of -39.7% from 2020 to 2024. Moreover, the growth rate in 2024 plummeted by -65.53%, reflecting challenges and fluctuations in the market dynamics for wind turbine imports in Nigeria.

Key Highlights of the Report:

  • Nigeria Wind Turbine Market Outlook
  • Market Size of Nigeria Wind Turbine Market, 2024
  • Forecast of Nigeria Wind Turbine Market, 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Revenues & Volume for the Period 2021- 2031
  • Nigeria Wind Turbine Market Trend Evolution
  • Nigeria Wind Turbine Market Drivers and Challenges
  • Nigeria Wind Turbine Price Trends
  • Nigeria Wind Turbine Porter's Five Forces
  • Nigeria Wind Turbine Industry Life Cycle
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Horizontal for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Vertical for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Installation for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Onshore for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Offshore for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Component for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Rotator Blade for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Gearbox for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Generator for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Nacelle for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Industrial for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Commercial for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Residential for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Wind Turbine Market Revenues & Volume By Utility for the Period 2021- 2031
  • Nigeria Wind Turbine Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Installation
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Application
  • Nigeria Wind Turbine Top Companies Market Share
  • Nigeria Wind Turbine Competitive Benchmarking By Technical and Operational Parameters
  • Nigeria Wind Turbine Company Profiles
  • Nigeria Wind Turbine Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Nigeria Wind Turbine Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria Wind Turbine Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Wind Turbine Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Wind Turbine Market Revenues & Volume, 2021 & 2031F

3.3 Nigeria Wind Turbine Market - Industry Life Cycle

3.4 Nigeria Wind Turbine Market - Porter's Five Forces

3.5 Nigeria Wind Turbine Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Nigeria Wind Turbine Market Revenues & Volume Share, By Installation, 2021 & 2031F

3.7 Nigeria Wind Turbine Market Revenues & Volume Share, By Component, 2021 & 2031F

3.8 Nigeria Wind Turbine Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Nigeria Wind Turbine Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government support and incentives for renewable energy projects

4.2.2 Increasing demand for clean energy sources to reduce carbon emissions

4.2.3 Growing awareness about the benefits of wind energy in Nigeria

4.3 Market Restraints

4.3.1 High initial investment costs for setting up wind turbine projects

4.3.2 Lack of infrastructure for wind energy transmission and distribution

4.3.3 Challenges related to intermittency and variability of wind as a power source

5 Nigeria Wind Turbine Market Trends

6 Nigeria Wind Turbine Market, By Types

6.1 Nigeria Wind Turbine Market, By Type

6.1.1 Overview and Analysis

6.1.2 Nigeria Wind Turbine Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Nigeria Wind Turbine Market Revenues & Volume, By Horizontal, 2021- 2031F

6.1.4 Nigeria Wind Turbine Market Revenues & Volume, By Vertical, 2021- 2031F

6.2 Nigeria Wind Turbine Market, By Installation

6.2.1 Overview and Analysis

6.2.2 Nigeria Wind Turbine Market Revenues & Volume, By Onshore, 2021- 2031F

6.2.3 Nigeria Wind Turbine Market Revenues & Volume, By Offshore, 2021- 2031F

6.3 Nigeria Wind Turbine Market, By Component

6.3.1 Overview and Analysis

6.3.2 Nigeria Wind Turbine Market Revenues & Volume, By Rotator Blade, 2021- 2031F

6.3.3 Nigeria Wind Turbine Market Revenues & Volume, By Gearbox, 2021- 2031F

6.3.4 Nigeria Wind Turbine Market Revenues & Volume, By Generator, 2021- 2031F

6.3.5 Nigeria Wind Turbine Market Revenues & Volume, By Nacelle, 2021- 2031F

6.3.6 Nigeria Wind Turbine Market Revenues & Volume, By Others, 2021- 2031F

6.4 Nigeria Wind Turbine Market, By Application

6.4.1 Overview and Analysis

6.4.2 Nigeria Wind Turbine Market Revenues & Volume, By Industrial, 2021- 2031F

6.4.3 Nigeria Wind Turbine Market Revenues & Volume, By Commercial, 2021- 2031F

6.4.4 Nigeria Wind Turbine Market Revenues & Volume, By Residential, 2021- 2031F

6.4.5 Nigeria Wind Turbine Market Revenues & Volume, By Utility, 2021- 2031F

7 Nigeria Wind Turbine Market Import-Export Trade Statistics

7.1 Nigeria Wind Turbine Market Export to Major Countries

7.2 Nigeria Wind Turbine Market Imports from Major Countries

8 Nigeria Wind Turbine Market Key Performance Indicators

8.1 Capacity factor of wind turbines in Nigeria

8.2 Average wind speed at potential wind farm sites

8.3 Number of new wind energy projects initiated in Nigeria

8.4 Percentage of electricity generated from wind energy in the overall energy mix

8.5 Investment in research and development for wind energy technologies

9 Nigeria Wind Turbine Market - Opportunity Assessment

9.1 Nigeria Wind Turbine Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Nigeria Wind Turbine Market Opportunity Assessment, By Installation, 2021 & 2031F

9.3 Nigeria Wind Turbine Market Opportunity Assessment, By Component, 2021 & 2031F

9.4 Nigeria Wind Turbine Market Opportunity Assessment, By Application, 2021 & 2031F

10 Nigeria Wind Turbine Market - Competitive Landscape

10.1 Nigeria Wind Turbine Market Revenue Share, By Companies, 2024

10.2 Nigeria Wind Turbine Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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