| Product Code: ETC11837853 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
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 Electric Power Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Electric Power Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Electric Power Market - Industry Life Cycle |
3.4 Nigeria Electric Power Market - Porter's Five Forces |
3.5 Nigeria Electric Power Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Electric Power Market Revenues & Volume Share, By Generation Source, 2021 & 2031F |
3.7 Nigeria Electric Power Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
3.8 Nigeria Electric Power Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.9 Nigeria Electric Power Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Electric Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and investments in infrastructure development to improve electricity access. |
4.2.2 Increasing urbanization and industrialization leading to higher demand for electricity. |
4.2.3 Growing focus on renewable energy sources to diversify the energy mix. |
4.2.4 Rising population and expanding middle class driving electricity consumption. |
4.2.5 Technological advancements in the power sector enhancing efficiency and reliability of electricity supply. |
4.3 Market Restraints |
4.3.1 Insufficient investment in transmission and distribution infrastructure leading to electricity losses. |
4.3.2 High cost of electricity generation and distribution impacting affordability for consumers. |
4.3.3 Political instability and regulatory challenges affecting the investment climate in the power sector. |
4.3.4 Inadequate gas supply for thermal power generation causing power shortages. |
4.3.5 Limited access to finance for power projects hindering capacity expansion. |
5 Nigeria Electric Power Market Trends |
6 Nigeria Electric Power Market, By Types |
6.1 Nigeria Electric Power Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Electric Power Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Electric Power Market Revenues & Volume, By Renewable, 2021 - 2031F |
6.1.4 Nigeria Electric Power Market Revenues & Volume, By Non-Renewable, 2021 - 2031F |
6.1.5 Nigeria Electric Power Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.1.6 Nigeria Electric Power Market Revenues & Volume, By Distributed Generation, 2021 - 2031F |
6.2 Nigeria Electric Power Market, By Generation Source |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Electric Power Market Revenues & Volume, By Solar, 2021 - 2031F |
6.2.3 Nigeria Electric Power Market Revenues & Volume, By Wind, 2021 - 2031F |
6.2.4 Nigeria Electric Power Market Revenues & Volume, By Hydro, 2021 - 2031F |
6.2.5 Nigeria Electric Power Market Revenues & Volume, By Geothermal, 2021 - 2031F |
6.3 Nigeria Electric Power Market, By Distribution |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Electric Power Market Revenues & Volume, By Grid, 2021 - 2031F |
6.3.3 Nigeria Electric Power Market Revenues & Volume, By Off-Grid, 2021 - 2031F |
6.3.4 Nigeria Electric Power Market Revenues & Volume, By Microgrid, 2021 - 2031F |
6.3.5 Nigeria Electric Power Market Revenues & Volume, By Transmission, 2021 - 2031F |
6.4 Nigeria Electric Power Market, By Storage |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Electric Power Market Revenues & Volume, By Battery Storage, 2021 - 2031F |
6.4.3 Nigeria Electric Power Market Revenues & Volume, By Hydrogen Fuel Cell, 2021 - 2031F |
6.4.4 Nigeria Electric Power Market Revenues & Volume, By Supercapacitors, 2021 - 2031F |
6.4.5 Nigeria Electric Power Market Revenues & Volume, By Pumped Hydro, 2021 - 2031F |
6.5 Nigeria Electric Power Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Electric Power Market Revenues & Volume, By Residential, 2021 - 2031F |
6.5.3 Nigeria Electric Power Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5.4 Nigeria Electric Power Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.5.5 Nigeria Electric Power Market Revenues & Volume, By Utility, 2021 - 2031F |
7 Nigeria Electric Power Market Import-Export Trade Statistics |
7.1 Nigeria Electric Power Market Export to Major Countries |
7.2 Nigeria Electric Power Market Imports from Major Countries |
8 Nigeria Electric Power Market Key Performance Indicators |
8.1 Average electricity generation capacity utilization rate. |
8.2 Percentage of population with access to electricity. |
8.3 Renewable energy penetration rate in the electricity generation mix. |
8.4 Average electricity tariff rates. |
8.5 Frequency and duration of power outages. |
9 Nigeria Electric Power Market - Opportunity Assessment |
9.1 Nigeria Electric Power Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Electric Power Market Opportunity Assessment, By Generation Source, 2021 & 2031F |
9.3 Nigeria Electric Power Market Opportunity Assessment, By Distribution, 2021 & 2031F |
9.4 Nigeria Electric Power Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.5 Nigeria Electric Power Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Electric Power Market - Competitive Landscape |
10.1 Nigeria Electric Power Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Electric Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |