Product Code: ETC4527230 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Small marine engines play a crucial role in Nigeria fishing, transportation, and leisure boating industries. With an extensive network of rivers, lakes, and coastal areas, there`s a consistent demand for reliable small marine engines. Market growth is influenced by factors such as marine tourism trends, regulatory compliance, and technological advancements in engine design.
The Nigeria Small Marine Engines Market is primarily driven by the growth of the boating and fishing industries, as well as the increasing popularity of recreational water sports. Small marine engines power a variety of watercraft, including boats, yachts, and personal watercraft, enabling transportation, fishing, and leisure activities on Nigeria extensive coastline and inland water bodies. As disposable incomes rise and maritime tourism gains traction, the demand for small marine engines is on the rise.
Challenges in the Nigeria Small Marine Engines market include the lack of infrastructure for recreational boating and fishing activities, which limits the demand for small marine engines. Moreover, environmental concerns and regulatory restrictions on marine pollution further constrain market growth.
Government policies impacting the small marine engines market in Nigeria may address maritime safety, environmental protection, and economic development. Regulations governing vessel emissions, noise pollution, and safety standards for marine engines aim to promote sustainable shipping practices and protect the marine environment. Additionally, incentives for the adoption of cleaner and more efficient propulsion technologies could drive demand for small marine engines that comply with regulatory requirements and industry standards.
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 Small Marine Engines Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Small Marine Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Small Marine Engines Market - Industry Life Cycle |
3.4 Nigeria Small Marine Engines Market - Porter's Five Forces |
3.5 Nigeria Small Marine Engines Market Revenues & Volume Share, By Model, 2021 & 2031F |
3.6 Nigeria Small Marine Engines Market Revenues & Volume Share, By Placement, 2021 & 2031F |
3.7 Nigeria Small Marine Engines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Small Marine Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for small marine engines in Nigeria due to increasing fishing and recreational activities |
4.2.2 Government initiatives to promote marine transportation and fishing industry |
4.2.3 Technological advancements leading to more efficient and eco-friendly small marine engines |
4.3 Market Restraints |
4.3.1 High import tariffs on small marine engines affecting affordability for consumers |
4.3.2 Limited availability of skilled technicians for maintenance and repair services |
4.3.3 Volatile fuel prices impacting operating costs for small marine engine users |
5 Nigeria Small Marine Engines Market Trends |
6 Nigeria Small Marine Engines Market, By Types |
6.1 Nigeria Small Marine Engines Market, By Model |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Small Marine Engines Market Revenues & Volume, By Model, 2021-2031F |
6.1.3 Nigeria Small Marine Engines Market Revenues & Volume, By Gasoline, 2021-2031F |
6.1.4 Nigeria Small Marine Engines Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.5 Nigeria Small Marine Engines Market Revenues & Volume, By Electric, 2021-2031F |
6.2 Nigeria Small Marine Engines Market, By Placement |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Small Marine Engines Market Revenues & Volume, By Outboard, 2021-2031F |
6.2.3 Nigeria Small Marine Engines Market Revenues & Volume, By Inboard, 2021-2031F |
6.3 Nigeria Small Marine Engines Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Small Marine Engines Market Revenues & Volume, By Recreational Boats, 2021-2031F |
6.3.3 Nigeria Small Marine Engines Market Revenues & Volume, By Support Vessels, 2021-2031F |
6.3.4 Nigeria Small Marine Engines Market Revenues & Volume, By Coastal Boats, 2021-2031F |
6.3.5 Nigeria Small Marine Engines Market Revenues & Volume, By Fishing Boats, 2021-2031F |
7 Nigeria Small Marine Engines Market Import-Export Trade Statistics |
7.1 Nigeria Small Marine Engines Market Export to Major Countries |
7.2 Nigeria Small Marine Engines Market Imports from Major Countries |
8 Nigeria Small Marine Engines Market Key Performance Indicators |
8.1 Average age of small marine engines in use in Nigeria |
8.2 Number of new registrations for small marine engines annually |
8.3 Adoption rate of eco-friendly small marine engines in the market |
9 Nigeria Small Marine Engines Market - Opportunity Assessment |
9.1 Nigeria Small Marine Engines Market Opportunity Assessment, By Model, 2021 & 2031F |
9.2 Nigeria Small Marine Engines Market Opportunity Assessment, By Placement, 2021 & 2031F |
9.3 Nigeria Small Marine Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Small Marine Engines Market - Competitive Landscape |
10.1 Nigeria Small Marine Engines Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Small Marine Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |