| Product Code: ETC8633247 | 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 |
The import shipments of power rental systems to Nigeria in 2024 continued to be dominated by key exporting countries such as China, India, UK, USA, and Netherlands. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), significantly increased from 2023 to 2024, indicating a very high level of concentration among suppliers. The industry experienced a steep decline in Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -19.7%, with a notable decrease in growth rate from 2023 to 2024 at -47.27%. These trends suggest a challenging market environment for power rental system imports 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 Power Rental Systems Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Power Rental Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Power Rental Systems Market - Industry Life Cycle |
3.4 Nigeria Power Rental Systems Market - Porter's Five Forces |
3.5 Nigeria Power Rental Systems Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.6 Nigeria Power Rental Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Power Rental Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and uninterrupted power supply in Nigeria |
4.2.2 Growth in construction and infrastructure development projects requiring temporary power solutions |
4.2.3 Rising need for backup power during grid failures or outages |
4.3 Market Restraints |
4.3.1 Regulatory hurdles and uncertainty in the energy sector in Nigeria |
4.3.2 High initial investment costs and maintenance expenses of power rental systems |
4.3.3 Limited access to fuel sources for running power rental systems |
5 Nigeria Power Rental Systems Market Trends |
6 Nigeria Power Rental Systems Market, By Types |
6.1 Nigeria Power Rental Systems Market, By End-user |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Power Rental Systems Market Revenues & Volume, By End-user, 2021- 2031F |
6.1.3 Nigeria Power Rental Systems Market Revenues & Volume, By Government & Utilities, 2021- 2031F |
6.1.4 Nigeria Power Rental Systems Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.1.5 Nigeria Power Rental Systems Market Revenues & Volume, By Construction, 2021- 2031F |
6.1.6 Nigeria Power Rental Systems Market Revenues & Volume, By Industrial, 2021- 2031F |
6.1.7 Nigeria Power Rental Systems Market Revenues & Volume, By Event Management, 2021- 2031F |
6.1.8 Nigeria Power Rental Systems Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Power Rental Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Power Rental Systems Market Revenues & Volume, By Peak Shaving, 2021- 2031F |
6.2.3 Nigeria Power Rental Systems Market Revenues & Volume, By Continuous Power, 2021- 2031F |
6.2.4 Nigeria Power Rental Systems Market Revenues & Volume, By Standby Power, 2021- 2031F |
7 Nigeria Power Rental Systems Market Import-Export Trade Statistics |
7.1 Nigeria Power Rental Systems Market Export to Major Countries |
7.2 Nigeria Power Rental Systems Market Imports from Major Countries |
8 Nigeria Power Rental Systems Market Key Performance Indicators |
8.1 Average rental duration of power systems |
8.2 Utilization rate of power rental systems |
8.3 Number of new contracts or projects requiring power rental solutions |
9 Nigeria Power Rental Systems Market - Opportunity Assessment |
9.1 Nigeria Power Rental Systems Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.2 Nigeria Power Rental Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Power Rental Systems Market - Competitive Landscape |
10.1 Nigeria Power Rental Systems Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Power Rental Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |