Nigeria Air Conditioner (AC) Market (2021-2027)

Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Product Code: ETC090108 Publication Date: Aug 2021 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Nigeria Air Conditioner (AC) Market is projected to grow over the coming years. Nigeria Air Conditioner (AC) Market report is a part of our periodical regional publication Africa Air Conditioner (AC) Market outlook report. 6W tracks air conditioner market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Air Conditioner (AC) Market outlook report annually.

Nigeria Air conditioner (AC) Market report comprehensively covers the market type and application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Nigeria Air Conditioner Market Synopsis

Air Conditioner Market in Nigeria is expected to project substantial growth during the forecast period owing to the expansion of hospitality sector. Establishment of offices, private complex and shopping malls are driving the demand for Air Conditioner. Moreover, the adoption of Air Conditioner as necessity instead of luxury due to soaring weather condition further leading to the development of the market. Soaring temperature along with unfavorable weather condition is expected to further boost the growth of the market.

According to 6Wresearch, Nigeria Air Conditioner (AC) Market size is projected to grow at a CAGR of 4.4% during 2021-2027. Increasing disposable income backed by rising population beholds the growth of the market. Increasing investment by public and private sector along with development of commercial and residential projects leading to the upsurge in the growth of the market. Growing migration towards urban areas coupled with burgeoning purchasing power of the consumers. However, the market suffered a rapid decline due to the outburst of COVID-19 leading to disruption in the production and supply chain. The recent outbreak of global pandemic led to the shutting down of retail store further beholds the negative growth of Nigeria AC Market. Nigeria occupies 4th position in terms of the market size in the Africa Air Conditioner Market.

In terms of market by types, Room Air Conditioner dominates the market and is expected to remain in a dominant position in the coming years. However, Centralized Air Conditioner is expected to have the fastest growth rate among all types.

Nigeria Air Conditioner Market

In terms of application, Residential dominates the market and is expected to remain in a dominant position in the coming years. However, Commercial & Retail is expected to have the fastest growth rate among all applications.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Nigeria Air Conditioner Market Outlook
  • Market Size of Nigeria Air Conditioner Market, 2020
  • Forecast of Nigeria Air Conditioner Market, 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Revenues & Volume for the Period 2017 - 2027
  • Nigeria Air Conditioner Market Trend Evolution
  • Nigeria Air Conditioner Market Drivers and Challenges
  • Nigeria Air Conditioner Price Trends
  • Nigeria Air Conditioner Porter's Five Forces
  • Nigeria Air Conditioner Industry Life Cycle
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Type for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Room Air Conditioner for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Ducted Air Conditioner for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Ductless Air Conditioner for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Centralized Air Conditioner for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Application for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Healthcare for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Commercial & Retail for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Transportation & Infrastructure for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Hospitality for the Period 2017 - 2027
  • Historical Data and Forecast of Nigeria Air Conditioner Market Revenues & Volume By Others for the Period 2017 - 2027
  • Nigeria Air Conditioner Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Nigeria Air Conditioner Top Companies Market Share
  • Nigeria Air Conditioner Competitive Benchmarking By Technical and Operational Parameters
  • Nigeria Air Conditioner Company Profiles
  • Nigeria Air Conditioner Key Strategic Recommendations

Market Segmentation:

The report provides a detailed analysis of the following market segments:

  • By Types:
    • Room Air Conditioner
    • Ducted Air Conditioner
    • Ductless Air Conditioner
    • Centralized Air Conditioner
  • By Application:
    • Residential
    • Commercial & Retail
    • Healthcare
    • Hospitality
    • Transportation & Infrastructure
    • Others

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 Air Conditioner Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Air Conditioner Market Revenues & Volume, 2020 & 2027F

3.3 Nigeria Air Conditioner Market - Industry Life Cycle

3.4 Nigeria Air Conditioner Market - Porter's Five Forces

3.5 Nigeria Air Conditioner Market Revenues & Volume Share, By Type, 2020 & 2027F

3.6 Nigeria Air Conditioner Market Revenues & Volume Share, By Application, 2020 & 2027F

4 Nigeria Air Conditioner Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Nigeria Air Conditioner Market Trends

6 Nigeria Air Conditioner Market, By Types

6.1 Nigeria Air Conditioner Market, By Type

6.1.1 Overview and Analysis

6.1.2 Nigeria Air Conditioner Market Revenues & Volume, By Type, 2017 - 2027F

6.1.3 Nigeria Air Conditioner Market Revenues & Volume, By Room Air Conditioner, 2017 - 2027F

6.1.4 Nigeria Air Conditioner Market Revenues & Volume, By Ducted Air Conditioner, 2017 - 2027F

6.1.5 Nigeria Air Conditioner Market Revenues & Volume, By Ductless Air Conditioner, 2017 - 2027F

6.1.6 Nigeria Air Conditioner Market Revenues & Volume, By Centralized Air Conditioner, 2017 - 2027F

6.2 Nigeria Air Conditioner Market, By Application

6.2.1 Overview and Analysis

6.2.2 Nigeria Air Conditioner Market Revenues & Volume, By Residential, 2017 - 2027F

6.2.3 Nigeria Air Conditioner Market Revenues & Volume, By Healthcare, 2017 - 2027F

6.2.4 Nigeria Air Conditioner Market Revenues & Volume, By Commercial & Retail, 2017 - 2027F

6.2.5 Nigeria Air Conditioner Market Revenues & Volume, By Transportation & Infrastructure, 2017 - 2027F

6.2.6 Nigeria Air Conditioner Market Revenues & Volume, By Hospitality, 2017 - 2027F

6.2.7 Nigeria Air Conditioner Market Revenues & Volume, By Others, 2017 - 2027F

7 Nigeria Air Conditioner Market Import-Export Trade Statistics

7.1 Nigeria Air Conditioner Market Export to Major Countries

7.2 Nigeria Air Conditioner Market Imports from Major Countries

8 Nigeria Air Conditioner Market Key Performance Indicators

9 Nigeria Air Conditioner Market - Opportunity Assessment

9.1 Nigeria Air Conditioner Market Opportunity Assessment, By Type, 2020 & 2027F

9.2 Nigeria Air Conditioner Market Opportunity Assessment, By Application, 2020 & 2027F

10 Nigeria Air Conditioner Market - Competitive Landscape

10.1 Nigeria Air Conditioner Market Revenue Share, By Companies, 2020

10.2 Nigeria Air Conditioner Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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