| Product Code: ETC8625451 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nigeria`s fractional horsepower (FHP) motors import market saw significant concentration in 2024, with top exporters being China, Germany, India, USA, and UK. Despite a negative CAGR of -24.94% from 2020 to 2024, there was a positive growth rate of 6.24% from 2023 to 2024, indicating a potential shift in the market dynamics. The high Herfindahl-Hirschman Index (HHI) suggests limited competition among suppliers. This data highlights the evolving landscape of FHP motors imports in Nigeria and the opportunities for stakeholders to capitalize on emerging trends.

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 Fractional Horsepower (FHP) Motors Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Fractional Horsepower (FHP) Motors Market - Industry Life Cycle |
3.4 Nigeria Fractional Horsepower (FHP) Motors Market - Porter's Five Forces |
3.5 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.7 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Fractional Horsepower (FHP) Motors 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 fractional horsepower motors. |
4.2.2 Growing focus on energy efficiency and sustainability driving the adoption of energy-efficient FHP motors. |
4.2.3 Rise in automation and the use of electric vehicles boosting the demand for FHP motors in various applications. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the manufacturing cost of FHP motors. |
4.3.2 Lack of skilled labor and technical expertise for the maintenance and repair of FHP motors in Nigeria. |
4.3.3 Regulatory challenges and compliance requirements affecting the market growth of FHP motors. |
5 Nigeria Fractional Horsepower (FHP) Motors Market Trends |
6 Nigeria Fractional Horsepower (FHP) Motors Market, By Types |
6.1 Nigeria Fractional Horsepower (FHP) Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By AC, 2021- 2031F |
6.1.4 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By DC, 2021- 2031F |
6.2 Nigeria Fractional Horsepower (FHP) Motors Market, By Phase |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Single-Phase, 2021- 2031F |
6.2.3 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Three-Phase, 2021- 2031F |
6.3 Nigeria Fractional Horsepower (FHP) Motors Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.3.3 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Household and Commercial Appliances, 2021- 2031F |
6.3.4 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Medical and Healthcare Devices, 2021- 2031F |
6.3.5 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.6 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.3.7 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By HVAC, 2021- 2031F |
6.3.8 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Pulp and Paper, 2021- 2031F |
6.3.9 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Pulp and Paper, 2021- 2031F |
6.3.10 Nigeria Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Fractional Horsepower (FHP) Motors Market Import-Export Trade Statistics |
7.1 Nigeria Fractional Horsepower (FHP) Motors Market Export to Major Countries |
7.2 Nigeria Fractional Horsepower (FHP) Motors Market Imports from Major Countries |
8 Nigeria Fractional Horsepower (FHP) Motors Market Key Performance Indicators |
8.1 Energy efficiency ratings of FHP motors to track the adoption of sustainable practices. |
8.2 Average downtime for FHP motors in various industries to assess operational efficiency. |
8.3 Number of new infrastructure projects utilizing FHP motors to gauge market penetration and growth potential. |
8.4 Adoption rate of FHP motors in emerging sectors such as electric vehicles or renewable energy applications. |
9 Nigeria Fractional Horsepower (FHP) Motors Market - Opportunity Assessment |
9.1 Nigeria Fractional Horsepower (FHP) Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Fractional Horsepower (FHP) Motors Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.3 Nigeria Fractional Horsepower (FHP) Motors Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Fractional Horsepower (FHP) Motors Market - Competitive Landscape |
10.1 Nigeria Fractional Horsepower (FHP) Motors Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Fractional Horsepower (FHP) Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |