| Product Code: ETC8627964 | 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 |
In 2024, Nigeria continued to receive large wind turbine import shipments primarily from the USA, China, Sweden, Areas, nes, and Germany. The high concentration of import sources led to a significantly high Herfindahl-Hirschman Index (HHI). Despite a notable negative compound annual growth rate (CAGR) of -39.7% from 2020 to 2024, the growth rate in 2024 further declined by -65.53% compared to the previous year. This data suggests a challenging market environment for wind turbine imports in Nigeria, with potential implications for the industry`s future development and competitiveness.

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 Wind Turbine Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Large Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Large Wind Turbine Market - Industry Life Cycle |
3.4 Nigeria Large Wind Turbine Market - Porter's Five Forces |
3.5 Nigeria Large Wind Turbine Market Revenues & Volume Share, By Location of Deployment, 2021 & 2031F |
4 Nigeria Large Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for renewable energy projects in Nigeria |
4.2.2 Growing demand for clean energy sources to reduce carbon emissions and combat climate change |
4.2.3 Advances in wind turbine technology leading to improved efficiency and lower costs |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up wind turbine projects |
4.3.2 Inadequate infrastructure and grid connections for wind energy in Nigeria |
4.3.3 Regulatory challenges and policy uncertainties impacting the growth of the wind turbine market |
5 Nigeria Large Wind Turbine Market Trends |
6 Nigeria Large Wind Turbine Market, By Types |
6.1 Nigeria Large Wind Turbine Market, By Location of Deployment |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Large Wind Turbine Market Revenues & Volume, By Location of Deployment, 2021- 2031F |
6.1.3 Nigeria Large Wind Turbine Market Revenues & Volume, By Onshore, 2021- 2031F |
6.1.4 Nigeria Large Wind Turbine Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Nigeria Large Wind Turbine Market Import-Export Trade Statistics |
7.1 Nigeria Large Wind Turbine Market Export to Major Countries |
7.2 Nigeria Large Wind Turbine Market Imports from Major Countries |
8 Nigeria Large Wind Turbine Market Key Performance Indicators |
8.1 Capacity factor: Measure of how efficiently a wind turbine is generating electricity compared to its maximum potential output |
8.2 Average wind speed: Monitoring the wind speed patterns in Nigeria to optimize the placement of wind turbines for maximum efficiency |
8.3 Capacity utilization factor: Ratio of actual electricity generated by wind turbines to the maximum possible output over a period of time |
9 Nigeria Large Wind Turbine Market - Opportunity Assessment |
9.1 Nigeria Large Wind Turbine Market Opportunity Assessment, By Location of Deployment, 2021 & 2031F |
10 Nigeria Large Wind Turbine Market - Competitive Landscape |
10.1 Nigeria Large Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Large Wind Turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |