| Product Code: ETC043829 | Publication Date: Jan 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The import shipments of arc welding equipment to Nigeria in 2024 continued to be dominated by top exporting countries such as China, USA, Germany, South Korea, and Belgium. Despite a high concentration level in 2023, the Herfindahl-Hirschman Index (HHI) increased further in 2024, indicating a more concentrated market. The compound annual growth rate (CAGR) for the period 2020-2024 was notably negative at -49.58%, but there was a significant growth spurt from 2023 to 2024 with a growth rate of 17.83%, suggesting potential opportunities for market expansion in the near future.

Arc welding equipment is essential in construction and manufacturing. The Nigeria Arc Welding Equipment market is expanding with the increasing industrial activities in the country.
Nigeria arc welding equipment market is expanding with the demand for welding technology in construction, manufacturing, and infrastructure development projects.
The Nigeria Arc Welding Equipment Market faces challenges such as limited infrastructure for skilled welders and fluctuating prices of welding consumables. Moreover, competition from alternative joining technologies and counterfeit products impact market dynamics.
Government policies on infrastructure development and manufacturing impact the arc welding equipment market, including regulations on safety standards, import tariffs on welding equipment, and support for local manufacturing.
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 Arc Welding Equipment Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Arc Welding Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Arc Welding Equipment Market - Industry Life Cycle |
3.4 Nigeria Arc Welding Equipment Market - Porter's Five Forces |
3.5 Nigeria Arc Welding Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Arc Welding Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Arc Welding Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Arc Welding Equipment Market Trends |
6 Nigeria Arc Welding Equipment Market, By Types |
6.1 Nigeria Arc Welding Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Arc Welding Equipment Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Nigeria Arc Welding Equipment Market Revenues & Volume, By Manual, 2021-2031F |
6.1.4 Nigeria Arc Welding Equipment Market Revenues & Volume, By Semi-automatic, 2021-2031F |
6.1.5 Nigeria Arc Welding Equipment Market Revenues & Volume, By Fully Automatic, 2021-2031F |
6.2 Nigeria Arc Welding Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Arc Welding Equipment Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Nigeria Arc Welding Equipment Market Revenues & Volume, By Rails, 2021-2031F |
6.2.4 Nigeria Arc Welding Equipment Market Revenues & Volume, By Machinery Manufacturing, 2021-2031F |
6.2.5 Nigeria Arc Welding Equipment Market Revenues & Volume, By Automobile Industry, 2021-2031F |
6.2.6 Nigeria Arc Welding Equipment Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.7 Nigeria Arc Welding Equipment Market Revenues & Volume, By Electronics, 2021-2031F |
7 Nigeria Arc Welding Equipment Market Import-Export Trade Statistics |
7.1 Nigeria Arc Welding Equipment Market Export to Major Countries |
7.2 Nigeria Arc Welding Equipment Market Imports from Major Countries |
8 Nigeria Arc Welding Equipment Market Key Performance Indicators |
9 Nigeria Arc Welding Equipment Market - Opportunity Assessment |
9.1 Nigeria Arc Welding Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Arc Welding Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Arc Welding Equipment Market - Competitive Landscape |
10.1 Nigeria Arc Welding Equipment Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Arc Welding Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |