| Product Code: ETC8624092 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024, Nigeria continued to import elevator motors from various countries including China, Germany, France, Italy, and Belgium. The low Herfindahl-Hirschman Index (HHI) indicates a lack of concentration among suppliers, promoting healthy competition. A significant drop in the growth rate from 2023 to 2024 might signal various factors impacting the market dynamics. Stakeholders should closely monitor these trends to understand the evolving landscape and make informed decisions in the elevator motor import market in Nigeria.

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 Elevator Motors Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Elevator Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Elevator Motors Market - Industry Life Cycle |
3.4 Nigeria Elevator Motors Market - Porter's Five Forces |
3.5 Nigeria Elevator Motors Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Nigeria Elevator Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Nigeria Elevator Motors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Nigeria Elevator Motors Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Elevator Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Elevator Motors Market Trends |
6 Nigeria Elevator Motors Market, By Types |
6.1 Nigeria Elevator Motors Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Elevator Motors Market Revenues & Volume, By Category, 2021- 2031F |
6.1.3 Nigeria Elevator Motors Market Revenues & Volume, By AC Motors, 2021- 2031F |
6.1.4 Nigeria Elevator Motors Market Revenues & Volume, By DC Motors, 2021- 2031F |
6.2 Nigeria Elevator Motors Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Elevator Motors Market Revenues & Volume, By Geared Traction Motors, 2021- 2031F |
6.2.3 Nigeria Elevator Motors Market Revenues & Volume, By Gearless Traction Motors, 2021- 2031F |
6.3 Nigeria Elevator Motors Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Elevator Motors Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Nigeria Elevator Motors Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4 Nigeria Elevator Motors Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Elevator Motors Market Revenues & Volume, By Online, 2021- 2031F |
6.4.3 Nigeria Elevator Motors Market Revenues & Volume, By Offline, 2021- 2031F |
6.4.4 Nigeria Elevator Motors Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.4.5 Nigeria Elevator Motors Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Nigeria Elevator Motors Market Import-Export Trade Statistics |
7.1 Nigeria Elevator Motors Market Export to Major Countries |
7.2 Nigeria Elevator Motors Market Imports from Major Countries |
8 Nigeria Elevator Motors Market Key Performance Indicators |
9 Nigeria Elevator Motors Market - Opportunity Assessment |
9.1 Nigeria Elevator Motors Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Nigeria Elevator Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Nigeria Elevator Motors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Nigeria Elevator Motors Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Elevator Motors Market - Competitive Landscape |
10.1 Nigeria Elevator Motors Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Elevator Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |