| Product Code: ETC295069 | Publication Date: Aug 2022 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In Nigeria, the Industrial Lifting Equipment market is expanding due to the rising demand in sectors like construction, manufacturing, and logistics. The market growth is fueled by infrastructure development projects and the need for efficient material handling solutions. Technological advancements are driving innovations in lifting equipment, enhancing safety, and operational efficiency.
The Nigeria industrial lifting equipment market is primarily driven by the expansion in the construction and manufacturing sectors. The demand for efficient and safe lifting equipment is rising due to large-scale infrastructure projects and the need for mechanized handling solutions.
The Nigeria industrial lifting equipment market struggles with frequent breakdowns and maintenance issues, impacting operational efficiency. Furthermore, high import tariffs and costs make it difficult for local businesses to procure modern lifting equipment.
Government policies in Nigeria focus on safety standards and certifications for lifting equipment used in industrial applications. The Standards Organization of Nigeria (SON) oversees the certification process to ensure compliance with international safety standards and local regulations. The government also encourages local manufacturing and assembly of lifting equipment through various incentives.
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 Industrial Lifting Equipment Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Industrial Lifting Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Industrial Lifting Equipment Market - Industry Life Cycle |
3.4 Nigeria Industrial Lifting Equipment Market - Porter's Five Forces |
3.5 Nigeria Industrial Lifting Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Industrial Lifting Equipment Market Revenues & Volume Share, By Mechanism Involved, 2021 & 2031F |
3.7 Nigeria Industrial Lifting Equipment Market Revenues & Volume Share, By Nature Of Installation, 2021 & 2031F |
3.8 Nigeria Industrial Lifting Equipment Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
4 Nigeria Industrial Lifting Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction sector in Nigeria leading to increased demand for industrial lifting equipment. |
4.2.2 Expansion of manufacturing industries in the country requiring efficient lifting solutions. |
4.2.3 Government initiatives and investments in infrastructure projects boosting the demand for lifting equipment. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with industrial lifting equipment. |
4.3.2 Limited awareness and training on the proper use of lifting equipment leading to safety concerns. |
4.3.3 Economic instability and fluctuations in currency exchange rates impacting investment decisions in the market. |
5 Nigeria Industrial Lifting Equipment Market Trends |
6 Nigeria Industrial Lifting Equipment Market, By Types |
6.1 Nigeria Industrial Lifting Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Lifts, 2021-2031F |
6.1.4 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Fork Lifts, 2021-2031F |
6.1.5 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Hoists, 2021-2031F |
6.1.6 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Stackers, 2021-2031F |
6.1.7 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Pallet Trucks, 2021-2031F |
6.1.8 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Robotic Arms, 2021-2031F |
6.2 Nigeria Industrial Lifting Equipment Market, By Mechanism Involved |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.4 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Electrical, 2021-2031F |
6.2.5 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Magnetic, 2021-2031F |
6.2.6 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Scissor Lifts , 2021-2031F |
6.3 Nigeria Industrial Lifting Equipment Market, By Nature Of Installation |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Overhead, 2021-2031F |
6.3.3 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Fulcrum, 2021-2031F |
6.3.4 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Vehicle Mounted, 2021-2031F |
6.4 Nigeria Industrial Lifting Equipment Market, By Application Area |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Manufacturing Industry, 2021-2031F |
6.4.3 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Process Industry, 2021-2031F |
6.4.4 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Shipping Dockyards, 2021-2031F |
6.4.5 Nigeria Industrial Lifting Equipment Market Revenues & Volume, By Warehouses, 2021-2031F |
7 Nigeria Industrial Lifting Equipment Market Import-Export Trade Statistics |
7.1 Nigeria Industrial Lifting Equipment Market Export to Major Countries |
7.2 Nigeria Industrial Lifting Equipment Market Imports from Major Countries |
8 Nigeria Industrial Lifting Equipment Market Key Performance Indicators |
8.1 Number of new infrastructure projects initiated in Nigeria. |
8.2 Percentage increase in construction and manufacturing output. |
8.3 Adoption rate of advanced lifting technologies in the industrial sector. |
8.4 Number of reported safety incidents related to lifting equipment. |
8.5 Percentage of skilled workforce trained in the operation and maintenance of lifting equipment. |
9 Nigeria Industrial Lifting Equipment Market - Opportunity Assessment |
9.1 Nigeria Industrial Lifting Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Industrial Lifting Equipment Market Opportunity Assessment, By Mechanism Involved, 2021 & 2031F |
9.3 Nigeria Industrial Lifting Equipment Market Opportunity Assessment, By Nature Of Installation, 2021 & 2031F |
9.4 Nigeria Industrial Lifting Equipment Market Opportunity Assessment, By Application Area, 2021 & 2031F |
10 Nigeria Industrial Lifting Equipment Market - Competitive Landscape |
10.1 Nigeria Industrial Lifting Equipment Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Industrial Lifting Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |