| Product Code: ETC8625689 | 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 |
The import shipments of gas turbine upgrades for performance enhancement in Nigeria saw a significant growth in 2024, with top exporting countries being the USA, Czechia, Netherlands, UK, and China. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a notable growth rate of 122.02% in 2024. However, the compound annual growth rate (CAGR) from 2020 to 2024 was negative at -18.68%, suggesting a challenging market environment with potential for future improvements in the sector.

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 Gas Turbine Upgrades For Performance Enhancement Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Gas Turbine Upgrades For Performance Enhancement Market - Industry Life Cycle |
3.4 Nigeria Gas Turbine Upgrades For Performance Enhancement Market - Porter's Five Forces |
3.5 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume Share, By Turbine Cycle, 2021 & 2031F |
3.6 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume Share, By Upgrade Type, 2021 & 2031F |
4 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for efficient and reliable energy sources in Nigeria. |
4.2.2 Government initiatives to improve energy infrastructure and attract foreign investments in the energy sector. |
4.2.3 Increasing focus on reducing greenhouse gas emissions and improving environmental sustainability. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with gas turbine upgrades. |
4.3.2 Volatility in global oil and gas prices impacting project economics. |
4.3.3 Challenges related to regulatory and policy uncertainties in the energy sector in Nigeria. |
5 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Trends |
6 Nigeria Gas Turbine Upgrades For Performance Enhancement Market, By Types |
6.1 Nigeria Gas Turbine Upgrades For Performance Enhancement Market, By Turbine Cycle |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Turbine Cycle, 2021- 2031F |
6.1.3 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Simple Cycle, 2021- 2031F |
6.1.4 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Combined Cycle, 2021- 2031F |
6.2 Nigeria Gas Turbine Upgrades For Performance Enhancement Market, By Upgrade Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Comprehensive Upgrade, 2021- 2031F |
6.2.3 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Hot Section Coating, 2021- 2031F |
6.2.4 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Compressor Coating, 2021- 2031F |
6.2.5 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Inlet Air Fogging, 2021- 2031F |
6.2.6 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Evaporative Cooling, 2021- 2031F |
6.2.7 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Fogging, 2021- 2031F |
6.2.8 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Import-Export Trade Statistics |
7.1 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Export to Major Countries |
7.2 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Imports from Major Countries |
8 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Key Performance Indicators |
8.1 Percentage increase in installed capacity of upgraded gas turbines. |
8.2 Average downtime reduction after upgrades. |
8.3 Percentage increase in energy efficiency achieved through upgrades. |
8.4 Number of successful partnerships with local stakeholders for project implementation. |
8.5 Percentage increase in project funding allocated towards gas turbine upgrades. |
9 Nigeria Gas Turbine Upgrades For Performance Enhancement Market - Opportunity Assessment |
9.1 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Opportunity Assessment, By Turbine Cycle, 2021 & 2031F |
9.2 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Opportunity Assessment, By Upgrade Type, 2021 & 2031F |
10 Nigeria Gas Turbine Upgrades For Performance Enhancement Market - Competitive Landscape |
10.1 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Gas Turbine Upgrades For Performance Enhancement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |