| Product Code: ETC8628410 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to heavily rely on imports of locomotive lighting batteries, with top suppliers being China, India, Sweden, Vietnam, and Turkey. Despite the high concentration of suppliers indicated by the high Herfindahl-Hirschman Index (HHI), the market experienced a significant decline in growth with a negative Compound Annual Growth Rate (CAGR) of -20.82% from 2020 to 2024. The growth rate further decreased by -10.26% from 2023 to 2024, highlighting a challenging environment for this particular market segment in Nigeria.

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 Locomotive Lighting Batteries Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Locomotive Lighting Batteries Market - Industry Life Cycle |
3.4 Nigeria Locomotive Lighting Batteries Market - Porter's Five Forces |
3.5 Nigeria Locomotive Lighting Batteries Market Revenues & Volume Share, By Locomotive Type, 2021 & 2031F |
3.6 Nigeria Locomotive Lighting Batteries Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.7 Nigeria Locomotive Lighting Batteries Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Nigeria Locomotive Lighting Batteries Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the railway sector in Nigeria |
4.2.2 Increasing focus on energy-efficient lighting solutions |
4.2.3 Government initiatives promoting the use of sustainable energy sources |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing new lighting battery solutions |
4.3.2 Lack of awareness about the benefits of modern lighting batteries |
4.3.3 Limited availability of skilled technicians for maintenance and installation |
5 Nigeria Locomotive Lighting Batteries Market Trends |
6 Nigeria Locomotive Lighting Batteries Market, By Types |
6.1 Nigeria Locomotive Lighting Batteries Market, By Locomotive Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Locomotive Type, 2021- 2031F |
6.1.3 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Diesel Locomotive, 2021- 2031F |
6.1.4 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Electric Locomotive, 2021- 2031F |
6.1.5 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Diesel Multiple Unit (DMU), 2021- 2031F |
6.1.6 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Electric Multiple Unit (EMU), 2021- 2031F |
6.2 Nigeria Locomotive Lighting Batteries Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Lead-acid Battery, 2021- 2031F |
6.2.3 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Lithium Ion, 2021- 2031F |
6.2.4 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Nickel Cadmium, 2021- 2031F |
6.3 Nigeria Locomotive Lighting Batteries Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Original Equipment Manufacturers (OEM), 2021- 2031F |
6.3.3 Nigeria Locomotive Lighting Batteries Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Nigeria Locomotive Lighting Batteries Market Import-Export Trade Statistics |
7.1 Nigeria Locomotive Lighting Batteries Market Export to Major Countries |
7.2 Nigeria Locomotive Lighting Batteries Market Imports from Major Countries |
8 Nigeria Locomotive Lighting Batteries Market Key Performance Indicators |
8.1 Energy efficiency improvements in locomotive lighting systems |
8.2 Adoption rate of sustainable lighting battery solutions in the railway sector |
8.3 Maintenance costs reduction for locomotive lighting systems |
9 Nigeria Locomotive Lighting Batteries Market - Opportunity Assessment |
9.1 Nigeria Locomotive Lighting Batteries Market Opportunity Assessment, By Locomotive Type, 2021 & 2031F |
9.2 Nigeria Locomotive Lighting Batteries Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.3 Nigeria Locomotive Lighting Batteries Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Nigeria Locomotive Lighting Batteries Market - Competitive Landscape |
10.1 Nigeria Locomotive Lighting Batteries Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Locomotive Lighting Batteries Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |