Market Forecast By Types (Power Transformer, Distribution Transformer), By Rating (Power Transformer (1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA, Above 350 MVA), Distribution Transformer (Up to 100 kVA, 100.1 – 315 kVA, 315.1 – 5 MVA)), By Cooling System (Dry Type, Liquid Type), By Applications (Power Utilities, Industrial) and competitive Landscape
Product Code: ETC002815 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Nigeria power & distribution transformer market is projected to witness significant growth during the forecast period. Although Nigeria is one of the biggest economies in the Africa region, the performance of its power sector is relatively low as compared to its peers. The country is suffering from low electricity access and frequent power outages. However, factors such as rapid urbanization, rising government spending along with increasing private investment in the energy sector are most likely to drive the growth of power & distribution transformer market in Nigeria over the coming years.
According to 6Wresearch, Nigeria Power & Distribution Transformer Market size is anticipated to register growth during 2020-2026. The Nigeria power & distribution transformer market looks promising over the coming years on account of various government reforms to strengthen and expand the electricity grid transmission system in the country, which has been insufficient to fulfill the demand of a growing population in the past years. Presently, Nigeria’s 40% of the population has no access to electricity, with those connected to grid lines experience frequent power outages. The Nigerian government in partnership with World Bank has signed a Power Sector Recovery Program (PSRP), which enables the flow of funds to power and support the sector. Further, growing public and private construction activities in the country would positively impact the power & distribution transformer market growth. However, the growth is anticipated to slow down in 2020 due to the shutdown of several industries across the nation on account of the outbreak of the COVID-19 pandemic.
By types, the distribution transformer segment to projected to experience healthy growth during the forecast period owing to the launch of various government initiatives to expand the energy sector of the country and enhance the electricity reaches to each and every household in the country in the years to come.
The Nigeria power & distribution transformer market report thoroughly covers the market by types, rating, cooling system, and applications. The Nigeria power & distribution transformer market outlook provides an unbiased and detailed analysis of the on-going Nigeria power & distribution transformer market trends, Nigeria power & distribution transformer market share, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
Key Highlights of the Report
Markets Covered
The Nigeria power and distribution transformer market report provides a detailed analysis of the following market segments:
By Types
By Rating
By Cooling System
By Applications
TABLE OF CONTENTS |
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Nigeria Power & Distribution Transformer Market Overview |
3.1 Country Indicators |
3.2 Nigeria Power & Distribution Transformer Market Revenues, 2016-2026F |
3.3 Nigeria Power & Distribution Transformer Market Revenue Share, By Types, 2019 & 2026F |
3.4 Nigeria Power & Distribution Transformer Market Revenue Share, By Rating, 2019 & 2026F |
3.5 Nigeria Power & Distribution Transformer Market Revenue Share, By Cooling System, 2019 & 2026F |
3.6 Nigeria Power & Distribution Transformer Market Revenue Share, By Applications, 2019 & 2026F |
3.7 Nigeria Power & Distribution Transformer Market Industry Life Cycle |
3.8 Nigeria Power & Distribution Transformer Market- Porter’s Five Forces |
4. Nigeria Power & Distribution Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Nigeria Power & Distribution Transformer Market Trends & Evolution |
6. Nigeria Power & Distribution Transformer Market Overview, By Types |
6.1 Nigeria Power Transformer Market Revenues, 2016-2026F |
6.2 Nigeria Distribution Transformer Market Revenues, 2016-2026F |
7. Nigeria Power & Distribution Transformer Market Overview, By Rating |
7.1 Nigeria Power Transformer Market Revenue Share, By Rating, 2019 & 2026F |
7.1.1 Nigeria Power Transformer Market Revenues, By 1 MVA – 50 MVA, 2016-2026F |
7.1.2 Nigeria Power Transformer Market Revenues, By 50.1 MVA – 160 MVA, 2016-2026F |
7.1.3 Nigeria Power Transformer Market Revenues, By 160.1 MVA – 350 MVA, 2016-2026F |
7.1.4 Nigeria Power Transformer Market Revenues, By Above 350 MVA, 2016-2026F |
7.2 Nigeria Distribution Transformer Market Revenue Share, By Rating, 2019 & 2026F |
7.2.1 Nigeria Distribution Transformer Market Revenues, By Up to 100 kVA, 2016-2026F |
7.2.2 Nigeria Distribution Transformer Market Revenues, By 100.1 – 315 kVA, 2016-2026F |
7.2.3 Nigeria Distribution Transformer Market Revenues, By 315.1 – 5 MVA, 2016-2026F |
8. Nigeria Power & Distribution Transformer Market Overview, By Cooling System |
8.1 Nigeria Power & Distribution Transformer Market Revenues, By Dry Type, 2016-2026F |
8.2 Nigeria Power & Distribution Transformer Market Revenues, By Liquid Type, 2016-2026F |
9. Nigeria Power & Distribution Transformer Market Overview, By Applications |
9.1 Nigeria Power & Distribution Transformer Market Revenues, By Power Utilities 2016-2026F |
9.2 Nigeria Power & Distribution Transformer Market Revenues, By Industrial, 2016-2026F |
10. Nigeria Power & Distribution Transformer Market Key Performance Indicators |
11. Nigeria Power & Distribution Transformer Market Opportunity Assessment |
11.1 Nigeria Power & Distribution Transformer Market Opportunity Assessment, By Types, 2026F |
11.2 Nigeria Power & Distribution Transformer Market Opportunity Assessment, By Rating, 2026F |
11.3 Nigeria Power & Distribution Transformer Market Opportunity Assessment, By Cooling System, 2026F |
11.4 Nigeria Power & Distribution Transformer Market Opportunity Assessment, By Applications, 2026F |
12. Nigeria Power & Distribution Transformer Market Competitive Landscape |
12.1 Nigeria Power & Distribution Transformer Market Revenue Share, By Companies, 2019 |
12.2 Nigeria Power & Distribution Transformer Market Competitive Benchmarking, By Operating & Technical Parameters |
13. Company Profiles |
14. Strategic Recommendations |
15. Disclaimer |