| Product Code: ETC8618849 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a negative CAGR and a declining growth rate in 2024, Nigeria continued to import Automotive Absorbent Glass Mat (AGM) batteries predominantly from China, India, Vietnam, Turkey, and Germany. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially posing challenges for new market entrants. The market dynamics suggest that these top exporting countries have a strong foothold in Nigeria`s AGM battery import market, emphasizing the need for strategic planning and competitive positioning for businesses looking to succeed in this sector.

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 Automotive Absorbent Glass Mat (AGM) Battery Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market - Industry Life Cycle |
3.4 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market - Porter's Five Forces |
3.5 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance batteries in the automotive sector |
4.2.2 Growing awareness about the benefits of absorbent glass mat (AGM) batteries in terms of reliability and durability |
4.2.3 Rise in vehicle production and sales in Nigeria |
4.3 Market Restraints |
4.3.1 High initial cost of AGM batteries compared to traditional lead-acid batteries |
4.3.2 Limited availability of AGM battery recycling facilities in Nigeria |
5 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Trends |
6 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market, By Types |
6.1 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Voltage, 2021- 2031F |
6.1.3 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 24 V, 2021- 2031F |
6.1.4 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 68 V, 2021- 2031F |
6.1.5 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 12 V, 2021- 2031F |
6.1.6 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Above, 2021- 2031F |
6.2 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Stationary, 2021- 2031F |
6.2.3 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Motive, 2021- 2031F |
6.3 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.3.3 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Motorcycle, 2021- 2031F |
6.3.4 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Original Equipment Manufacturers (OEMs), 2021- 2031F |
6.4.3 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Import-Export Trade Statistics |
7.1 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Export to Major Countries |
7.2 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Imports from Major Countries |
8 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Key Performance Indicators |
8.1 Average lifespan of AGM batteries in the Nigerian automotive market |
8.2 Adoption rate of AGM batteries by automotive manufacturers in Nigeria |
8.3 Growth in the number of AGM battery distributors and retailers in Nigeria |
9 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market - Opportunity Assessment |
9.1 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.2 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market - Competitive Landscape |
10.1 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |