Nigeria Drum Roller Market (2020-2026) | Trends, Forecast, Size, Revenue, Companies, Share, COVID-19 IMPACT, Value, Analysis, Growth, Industry & Outlook

Nigeria Drum Roller Market is expected to register growth during the forecast period on the back of rapid infrastructure development driven by the government’s efforts to increase foreign direct investment in the infrastructure sector across the country. However, Nigeria drum roller market is expected to register slow growth during 1st half of 2020 due to the spread of COVID-19 virus, the Nigerian economy has registered a downward trend in economic growth during the first quarter of 2020, resulting in a decline in government investment for infrastructure development projects in the country.

According to 6Wresearch, Nigeria Drum Roller Market is anticipated to register growth during 2020-2026F. The government of Nigeria has come up with the “Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme (2019-2029)” initiative aimed to increase public-private partnerships (PPPs) in the construction sector and reducing government interventions in infrastructure development projects. Further, projects such as the Ajakuta-Kaduna-Kano project (AKK), Niger Bridge project, Lagos, Kano, Maiduguri, and Enugu international airport project and Kano-Kaduna rail lines project, would galvanize drum roller equipment demand in Nigeria market.

By application, the agriculture and construction sector has a wide range application of drum roller in activities such as compacting soil, gravels, and asphalt and preparing surfaces for driveways, sidewalks, and foundations. The Ministers of Agriculture and Rural Development has come up with “The Agriculture Promotion Policy” (APA) initiative aimed to increase the production capacity of the agriculture sector and increase export of crops such as cowpeas, cocoa, cassava, and sesame in the coming years. Moreover, the government of Nigeria (GoN) has come up with “Agriculture Transformation Agenda” aiming to increase domestic food supply by 20 million tons and reducing yield gaps by partnering with the private sector and farmer groups to develop end to end value chain investment. Thus, expansion of the agriculture sector in Nigeria would create demand for drum roller equipment in upcoming years.

The Nigeria Drum Roller market report thoroughly covers the market by types, capacity, and applications. Nigeria Drum Roller market outlook report provides an unbiased and detailed analysis of the on-going Nigeria Drum Roller 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.

Key Highlights:

• Nigeria Drum Roller Market Overview
• Nigeria Drum Roller Market Outlook
• Nigeria Drum Roller Market Forecast
• Historical Data of Nigeria Drum Roller Market Revenues and Volume for the Period 2016-2019
• Nigeria Drum Roller Market Size & Drum Roller Market Forecast of Revenues and Volume, Until 2026
• Historical Data of Nigeria Drum Roller Market Revenues and Volume, By Types, for the Period 2016-2019
• Market Size & Forecast of Nigeria Drum Roller Market Revenues and Volume, By Types, Until 2026
• Historical Data of Nigeria Drum Roller Market Revenues and Volume, By Capacity, for the Period 2016-2019
• Market Size & Forecast of Nigeria Drum Roller Market Revenues and Volume, By Capacity, Until 2026
• Historical Data of Nigeria Drum Roller Market Revenues and Volume, By Applications, for the Period 2016-2019
• Market Size & Forecast of Nigeria Drum Roller Market Revenues and Volume, By Applications, Until 2026
• Market Drivers and Restraints
• Nigeria Drum Roller Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis and Market Opportunity Assessment
• Nigeria Drum Roller Market Share, By Players
• Nigeria Drum Roller Market Overview on Competitive Benchmarking
• Company Profiles

Markets Covered

The Nigeria Drum Roller Market report provides a detailed analysis of the following market segments:

• By Capacity
  • Small capacity Drum Rollers
  • Large capacity Drum Rollers
    
    
• By Types
  • Single Drum Rollers
  • Tandem Drum Rollers
  • Pneumatic Drum Rollers
  • Smooth Wheeled Drum Rollers
  • Grid Drum Rollers
  • Vibratory Drum Rollers
    
    
• By Applications
  • Construction
  • Infrastructure
  • Forestry & Agriculture
  • Other (Residential, Commercial, etc.)

Other Key Reports Available:

• Kenya Drum Roller Market Report
• South Africa Drum Roller Market Report

Frequently Asked Questions About the Market Study (FAQs):