| Product Code: ETC020409 | Publication Date: Oct 2020 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In 2024, Nigeria continued to rely on imports for motor vehicle braking system parts, with top exporters being China, Japan, USA, Hong Kong, and Spain. The high concentration in the Herfindahl-Hirschman Index (HHI) indicates a competitive market. The industry showed a strong Compound Annual Growth Rate (CAGR) of 15.43% from 2020 to 2024, with a steady growth rate of 0.59% from 2023 to 2024. This data suggests a sustained demand for braking system parts in the Nigerian automotive market, driven by the quality and variety offered by these key exporting countries.

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 Motor Vehicle Braking System Parts Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, 2019 & 2026F |
3.3 Nigeria Motor Vehicle Braking System Parts Market - Industry Life Cycle |
3.4 Nigeria Motor Vehicle Braking System Parts Market - Porter's Five Forces |
3.5 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Brake Pad Material Type, 2019 & 2026F |
3.7 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Sales Channel, 2019 & 2026F |
3.8 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Vehicle Type, 2019 & 2026F |
4 Nigeria Motor Vehicle Braking System Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Motor Vehicle Braking System Parts Market Trends |
6 Nigeria Motor Vehicle Braking System Parts Market, By Types |
6.1 Nigeria Motor Vehicle Braking System Parts Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Disc Brakes, 2016 - 2026F |
6.1.4 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Drum Brakes, 2016 - 2026F |
6.2 Nigeria Motor Vehicle Braking System Parts Market, By Brake Pad Material Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Organic, 2016 - 2026F |
6.2.3 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Metallic, 2016 - 2026F |
6.2.4 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Ceramic, 2016 - 2026F |
6.3 Nigeria Motor Vehicle Braking System Parts Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Original Equipment Manufacturers (OEM), 2016 - 2026F |
6.3.3 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Aftermarket, 2016 - 2026F |
6.4 Nigeria Motor Vehicle Braking System Parts Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Passenger Cars, 2016 - 2026F |
6.4.3 Nigeria Motor Vehicle Braking System Parts Market Revenues & Volume, By Commercial Vehicles, 2016 - 2026F |
7 Nigeria Motor Vehicle Braking System Parts Market Import-Export Trade Statistics |
7.1 Nigeria Motor Vehicle Braking System Parts Market Export to Major Countries |
7.2 Nigeria Motor Vehicle Braking System Parts Market Imports from Major Countries |
8 Nigeria Motor Vehicle Braking System Parts Market Key Performance Indicators |
9 Nigeria Motor Vehicle Braking System Parts Market - Opportunity Assessment |
9.1 Nigeria Motor Vehicle Braking System Parts Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Nigeria Motor Vehicle Braking System Parts Market Opportunity Assessment, By Brake Pad Material Type, 2019 & 2026F |
9.3 Nigeria Motor Vehicle Braking System Parts Market Opportunity Assessment, By Sales Channel, 2019 & 2026F |
9.4 Nigeria Motor Vehicle Braking System Parts Market Opportunity Assessment, By Vehicle Type, 2019 & 2026F |
10 Nigeria Motor Vehicle Braking System Parts Market - Competitive Landscape |
10.1 Nigeria Motor Vehicle Braking System Parts Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Motor Vehicle Braking System Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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