| Product Code: ETC8621053 | 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 |
In 2024, Nigeria continued to see a significant influx of centrifugal air compressor imports, with the USA, Netherlands, Italy, Romania, and China leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The compound annual growth rate (CAGR) for 2020-2024 stood at a healthy 9.28%, with a notable growth spurt of 73.25% from 2023 to 2024. This data suggests a robust demand for centrifugal air compressors in Nigeria, driven by imports from key global suppliers.

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 Centrifugal Air Compressor Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Centrifugal Air Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Centrifugal Air Compressor Market - Industry Life Cycle |
3.4 Nigeria Centrifugal Air Compressor Market - Porter's Five Forces |
3.5 Nigeria Centrifugal Air Compressor Market Revenues & Volume Share, By Lubrication, 2021 & 2031F |
3.6 Nigeria Centrifugal Air Compressor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Centrifugal Air Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in Nigeria leading to higher demand for centrifugal air compressors. |
4.2.2 Growth in key end-user industries such as oil gas, manufacturing, and construction driving the market for centrifugal air compressors. |
4.2.3 Rising focus on energy efficiency and sustainability pushing the adoption of centrifugal air compressors in Nigeria. |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with centrifugal air compressors limiting market penetration. |
4.3.2 Lack of skilled workforce for proper installation, operation, and maintenance of centrifugal air compressors in Nigeria. |
4.3.3 Fluctuating raw material prices impacting the overall cost of centrifugal air compressors in the market. |
5 Nigeria Centrifugal Air Compressor Market Trends |
6 Nigeria Centrifugal Air Compressor Market, By Types |
6.1 Nigeria Centrifugal Air Compressor Market, By Lubrication |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Lubrication, 2021- 2031F |
6.1.3 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Oil-free, 2021- 2031F |
6.1.4 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Oil Filled, 2021- 2031F |
6.2 Nigeria Centrifugal Air Compressor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.2.3 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.4 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Semiconductor & electronics, 2021- 2031F |
6.2.5 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Healthcare/Medical, 2021- 2031F |
6.2.6 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.7 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Home Appliances, 2021- 2031F |
6.2.8 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Nigeria Centrifugal Air Compressor Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Centrifugal Air Compressor Market Import-Export Trade Statistics |
7.1 Nigeria Centrifugal Air Compressor Market Export to Major Countries |
7.2 Nigeria Centrifugal Air Compressor Market Imports from Major Countries |
8 Nigeria Centrifugal Air Compressor Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of centrifugal air compressors in Nigeria. |
8.2 Adoption rate of variable speed drive technology in centrifugal air compressors. |
8.3 Number of new installations and retrofit projects using centrifugal air compressors in key industries in Nigeria. |
8.4 Warranty claim rate and customer satisfaction levels for centrifugal air compressor manufacturers in Nigeria. |
8.5 Frequency of maintenance and service contracts for centrifugal air compressors in Nigeria. |
9 Nigeria Centrifugal Air Compressor Market - Opportunity Assessment |
9.1 Nigeria Centrifugal Air Compressor Market Opportunity Assessment, By Lubrication, 2021 & 2031F |
9.2 Nigeria Centrifugal Air Compressor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Centrifugal Air Compressor Market - Competitive Landscape |
10.1 Nigeria Centrifugal Air Compressor Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Centrifugal Air Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |