| Product Code: ETC8633277 | 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`s powertrain import market saw a shift in concentration levels from high to moderate, indicating increased diversification in sourcing. Despite a challenging CAGR of -15.36% from 2020 to 2024, the sector experienced a sharp decline in growth rate of -31.36% from 2023 to 2024. Top exporting countries such as China, USA, Japan, UAE, and Germany continue to play significant roles in supplying powertrain components to Nigeria, showcasing the importance of global partnerships in meeting the country`s automotive needs.

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 Powertrain Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Powertrain Market - Industry Life Cycle |
3.4 Nigeria Powertrain Market - Porter's Five Forces |
3.5 Nigeria Powertrain Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Nigeria Powertrain Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Powertrain Market Revenues & Volume Share, By Configuration, 2021 & 2031F |
3.8 Nigeria Powertrain Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Nigeria Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in Nigeria |
4.2.2 Government initiatives to improve infrastructure and transportation systems |
4.2.3 Technological advancements in powertrain systems |
4.3 Market Restraints |
4.3.1 High import tariffs on automotive components |
4.3.2 Political instability and regulatory challenges |
4.3.3 Lack of skilled workforce in the automotive industry |
5 Nigeria Powertrain Market Trends |
6 Nigeria Powertrain Market, By Types |
6.1 Nigeria Powertrain Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Powertrain Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Nigeria Powertrain Market Revenues & Volume, By Engine & Main Parts, 2021- 2031F |
6.1.4 Nigeria Powertrain Market Revenues & Volume, By Valve Train System, 2021- 2031F |
6.1.5 Nigeria Powertrain Market Revenues & Volume, By Fuel System, 2021- 2031F |
6.1.6 Nigeria Powertrain Market Revenues & Volume, By Battery System, 2021- 2031F |
6.1.7 Nigeria Powertrain Market Revenues & Volume, By Differential, 2021- 2031F |
6.1.8 Nigeria Powertrain Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Powertrain Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Powertrain Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 Nigeria Powertrain Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.4 Nigeria Powertrain Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.5 Nigeria Powertrain Market Revenues & Volume, By Rail, 2021- 2031F |
6.2.6 Nigeria Powertrain Market Revenues & Volume, By Off Road Vehicle, 2021- 2031F |
6.2.7 Nigeria Powertrain Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Nigeria Powertrain Market, By Configuration |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Powertrain Market Revenues & Volume, By Parallel, 2021- 2031F |
6.3.3 Nigeria Powertrain Market Revenues & Volume, By Series, 2021- 2031F |
6.3.4 Nigeria Powertrain Market Revenues & Volume, By Power-Split, 2021- 2031F |
6.3.5 Nigeria Powertrain Market Revenues & Volume, By Multi-Mode, 2021- 2031F |
6.4 Nigeria Powertrain Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Powertrain Market Revenues & Volume, By Manual Transmission, 2021- 2031F |
6.4.3 Nigeria Powertrain Market Revenues & Volume, By Automated Transmission, 2021- 2031F |
6.4.4 Nigeria Powertrain Market Revenues & Volume, By Continuously Variable Transmission (CVT), 2021- 2031F |
7 Nigeria Powertrain Market Import-Export Trade Statistics |
7.1 Nigeria Powertrain Market Export to Major Countries |
7.2 Nigeria Powertrain Market Imports from Major Countries |
8 Nigeria Powertrain Market Key Performance Indicators |
8.1 Average age of vehicles in Nigeria |
8.2 Number of new vehicle registrations |
8.3 Investment in infrastructure development in Nigeria |
8.4 Adoption rate of electric vehicles in the market |
8.5 Number of automotive engineering graduates in Nigeria |
9 Nigeria Powertrain Market - Opportunity Assessment |
9.1 Nigeria Powertrain Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Nigeria Powertrain Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Powertrain Market Opportunity Assessment, By Configuration, 2021 & 2031F |
9.4 Nigeria Powertrain Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Nigeria Powertrain Market - Competitive Landscape |
10.1 Nigeria Powertrain Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Powertrain 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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