Market Forecast By Type (Flooded Lead Acid Batteries, Sealed Lead Acid Batteries), By End User (Automotive, Oil & Gas, Utilities, Telecommunications, Construction, Marine, Others), By Application (Portable-Rechargeable, Stationary, Motive/Traction, Others) And Competitive Landscape
Product Code: ETC266149 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Nigeria Lead Acid Battery Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 8.83% in 2026, following an initial rate of 8.45%, before easing to 3.72% at the end of the period.
In the year 2021, China was the largest exporter in terms of value, followed by Viet Nam. It has registered a decline of -46.01% over the previous year. While Viet Nam registered a growth of 23% as compare to the previous year. In the year 2017 China was the largest exporter followed by France. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Nigeria has the Herfindahl index of 1512 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 1858 which signifies moderately concentrated in the market.
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 Lead Acid Battery Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Lead Acid Battery Market Revenues & Volume, 2021 & 2028F |
3.3 Nigeria Lead Acid Battery Market - Industry Life Cycle |
3.4 Nigeria Lead Acid Battery Market - Porter's Five Forces |
3.5 Nigeria Lead Acid Battery Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 Nigeria Lead Acid Battery Market Revenues & Volume Share, By End User, 2021 & 2028F |
3.7 Nigeria Lead Acid Battery Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Nigeria Lead Acid Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for backup power solutions in Nigeria |
4.2.2 Growth in automotive industry leading to higher demand for lead acid batteries |
4.2.3 Expansion of telecommunication infrastructure driving demand for energy storage solutions |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Competition from alternative battery technologies such as lithium-ion batteries |
5 Nigeria Lead Acid Battery Market Trends |
6 Nigeria Lead Acid Battery Market, By Types |
6.1 Nigeria Lead Acid Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Lead Acid Battery Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 Nigeria Lead Acid Battery Market Revenues & Volume, By Flooded Lead Acid Batteries, 2018 - 2028F |
6.1.4 Nigeria Lead Acid Battery Market Revenues & Volume, By Sealed Lead Acid Batteries, 2018 - 2028F |
6.2 Nigeria Lead Acid Battery Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Lead Acid Battery Market Revenues & Volume, By Automotive, 2018 - 2028F |
6.2.3 Nigeria Lead Acid Battery Market Revenues & Volume, By Oil & Gas, 2018 - 2028F |
6.2.4 Nigeria Lead Acid Battery Market Revenues & Volume, By Utilities, 2018 - 2028F |
6.2.5 Nigeria Lead Acid Battery Market Revenues & Volume, By Telecommunications, 2018 - 2028F |
6.2.6 Nigeria Lead Acid Battery Market Revenues & Volume, By Construction, 2018 - 2028F |
6.2.7 Nigeria Lead Acid Battery Market Revenues & Volume, By Marine, 2018 - 2028F |
6.3 Nigeria Lead Acid Battery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Lead Acid Battery Market Revenues & Volume, By Portable-Rechargeable, 2018 - 2028F |
6.3.3 Nigeria Lead Acid Battery Market Revenues & Volume, By Stationary, 2018 - 2028F |
6.3.4 Nigeria Lead Acid Battery Market Revenues & Volume, By Motive/Traction, 2018 - 2028F |
6.3.5 Nigeria Lead Acid Battery Market Revenues & Volume, By Others, 2018 - 2028F |
7 Nigeria Lead Acid Battery Market Import-Export Trade Statistics |
7.1 Nigeria Lead Acid Battery Market Export to Major Countries |
7.2 Nigeria Lead Acid Battery Market Imports from Major Countries |
8 Nigeria Lead Acid Battery Market Key Performance Indicators |
8.1 Average lead acid battery lifespan |
8.2 Utilization rate of lead acid battery manufacturing facilities |
8.3 Percentage of lead acid batteries recycled properly |
8.4 Number of grid-connected lead acid battery storage installations |
8.5 Adoption rate of lead acid batteries in off-grid applications |
9 Nigeria Lead Acid Battery Market - Opportunity Assessment |
9.1 Nigeria Lead Acid Battery Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 Nigeria Lead Acid Battery Market Opportunity Assessment, By End User, 2021 & 2028F |
9.3 Nigeria Lead Acid Battery Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Nigeria Lead Acid Battery Market - Competitive Landscape |
10.1 Nigeria Lead Acid Battery Market Revenue Share, By Companies, 2021 |
10.2 Nigeria Lead Acid Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |