| Product Code: ETC8627958 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
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 Large SUVs Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Large SUVs Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Large SUVs Market - Industry Life Cycle |
3.4 Nigeria Large SUVs Market - Porter's Five Forces |
3.5 Nigeria Large SUVs Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Nigeria Large SUVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income in Nigeria leading to increased purchasing power for large SUVs. |
4.2.2 Infrastructural development and improving road conditions increasing the demand for large SUVs for better off-road capabilities. |
4.2.3 Rising urbanization and changing consumer preferences towards larger, more spacious vehicles. |
4.2.4 Increase in demand for vehicles with advanced safety features and technology. |
4.2.5 Government policies promoting local manufacturing and assembly of large SUVs, leading to lower prices and boosting sales. |
4.3 Market Restraints |
4.3.1 Fluctuating fuel prices impacting the ownership costs of large SUVs. |
4.3.2 High import tariffs and taxes on large SUVs making them expensive for consumers. |
4.3.3 Limited availability of financing options for purchasing large SUVs. |
4.3.4 Competition from alternative modes of transportation like ride-sharing services affecting the demand for personal vehicles. |
4.3.5 Concerns about environmental impact leading to a shift towards more fuel-efficient and eco-friendly vehicles. |
5 Nigeria Large SUVs Market Trends |
6 Nigeria Large SUVs Market, By Types |
6.1 Nigeria Large SUVs Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Large SUVs Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Nigeria Large SUVs Market Revenues & Volume, By Petrol, 2021- 2031F |
6.1.4 Nigeria Large SUVs Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.5 Nigeria Large SUVs Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.6 Nigeria Large SUVs Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Large SUVs Market Import-Export Trade Statistics |
7.1 Nigeria Large SUVs Market Export to Major Countries |
7.2 Nigeria Large SUVs Market Imports from Major Countries |
8 Nigeria Large SUVs Market Key Performance Indicators |
8.1 Average age of large SUVs on the road in Nigeria. |
8.2 Number of new large SUV models introduced in the Nigerian market. |
8.3 Percentage of large SUV sales with advanced safety features. |
8.4 Average annual mileage driven by large SUV owners in Nigeria. |
8.5 Percentage of large SUV owners opting for extended warranty packages. |
9 Nigeria Large SUVs Market - Opportunity Assessment |
9.1 Nigeria Large SUVs Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Nigeria Large SUVs Market - Competitive Landscape |
10.1 Nigeria Large SUVs Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Large SUVs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |