Market Forecast By KVA (5 - 75 KVA, 75.1 - 375 KVA, 375.1 - 750 KVA, 750.1 - 1000 KVA, Above 1000 KVA), By Application (Residential, Commercial , Industrial, Transportation & Public Infrastructure) And Competitive Landscape
Product Code: ETC090048 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Nigeria Diesel Genset (Generator) Market is projected to grow over the coming years. Nigeria Diesel Genset (Generator) Market report is a part of our periodical regional publication Africa Diesel Genset (Generator) Market outlook report. 6W tracks diesel genset market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Diesel Genset (Generator) Market outlook report annually.
Nigeria Diesel Genset Market report comprehensively covers the market by kVA ratings & 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 Genset (Generator) Market Synopsis
Nigeria Diesel Genset Market is expected to gain momentum during the upcoming period owing to the increasing demand for electricity in residential, commercial and industrial areas. Rising disposable income and growing urbanization is leading to the expansion of educational institutes, commercial offices and shopping complexes contributing to the growth of the market. Moreover, substantial transmission loss coupled with deficiency of power base beholds the development of the market. Growth in refinery industry backed by increasing investment by foreign and domestic players is likely to propel the market. The market is also driven by the continuous technological advancement in diesel genset.
According to 6Wresearch, Nigeria Diesel Genset (Generator) Market size is projected to grow at a CAGR of 3.7% during 2021-2027. Nigeria occupies 1st position in terms of the market size in the Africa Diesel Genset market. Various industries like construction is highly dependent upon regular power supply beholds the growth of the market. The lack of reliable and adequate power supply backed by regular power failure is further fueling the growth of the market. However, the outbreak of COVID-19 has led to the disruption in the supply of the diesel genset market which also hampered the market growth.
Market Analysis by kva Ratings
In terms KVA, the 375.1KVA-750KVA dominates the market and is expected to remain in a dominant position in the coming years. However, 75.1KVA-375KVA rating is expected to have the fastest growth rate among all ratings.
Market Analysis by Application
In terms of application, Industrial segment dominates the market and is expected to remain in a dominant position in the coming years. However, Commercial segment is expected to have the fastest growth rate among all applications.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Scope and Segmentation
The report provides a detailed analysis of the following Market segments:
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 Diesel Genset Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Diesel Genset Market Revenues & Volume, 2020 & 2027F |
3.3 Nigeria Diesel Genset Market - Industry Life Cycle |
3.4 Nigeria Diesel Genset Market - Porter's Five Forces |
3.5 Nigeria Diesel Genset Market Revenues & Volume Share, By KVA, 2020 & 2027F |
3.6 Nigeria Diesel Genset Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Nigeria Diesel Genset Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Diesel Genset Market Trends |
6 Nigeria Diesel Genset Market, By Types |
6.1 Nigeria Diesel Genset Market, By KVA |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Diesel Genset Market Revenues & Volume, By KVA, 2017-2027F |
6.1.3 Nigeria Diesel Genset Market Revenues & Volume, By 5 - 75 KVA, 2017-2027F |
6.1.4 Nigeria Diesel Genset Market Revenues & Volume, By 75.1 - 375 KVA, 2017-2027F |
6.1.5 Nigeria Diesel Genset Market Revenues & Volume, By 375.1 - 750 KVA, 2017-2027F |
6.1.6 Nigeria Diesel Genset Market Revenues & Volume, By 750.1 - 1000 KVA, 2017-2027F |
6.1.7 Nigeria Diesel Genset Market Revenues & Volume, By Above 1000 KVA, 2017-2027F |
6.2 Nigeria Diesel Genset Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Diesel Genset Market Revenues & Volume, By Residential, 2017-2027F |
6.2.3 Nigeria Diesel Genset Market Revenues & Volume, By Commercial , 2017-2027F |
6.2.4 Nigeria Diesel Genset Market Revenues & Volume, By Industrial, 2017-2027F |
6.2.5 Nigeria Diesel Genset Market Revenues & Volume, By Transportation & Public Infrastructure, 2017-2027F |
7 Nigeria Diesel Genset Market Import-Export Trade Statistics |
7.1 Nigeria Diesel Genset Market Export to Major Countries |
7.2 Nigeria Diesel Genset Market Imports from Major Countries |
8 Nigeria Diesel Genset Market Key Performance Indicators |
9 Nigeria Diesel Genset Market - Opportunity Assessment |
9.1 Nigeria Diesel Genset Market Opportunity Assessment, By KVA, 2020 & 2027F |
9.2 Nigeria Diesel Genset Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Nigeria Diesel Genset Market - Competitive Landscape |
10.1 Nigeria Diesel Genset Market Revenue Share, By Companies, 2020 |
10.2 Nigeria Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |