| Product Code: ETC8635631 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nigeria continues to rely on key suppliers for soft starter imports, with India, China, Metropolitan France, Germany, and Thailand dominating the market in 2024. Despite high concentration with a very high Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -17.72% from 2020 to 2024. The growth rate in 2024 also saw a decrease of -15.48% compared to the previous year, indicating a challenging landscape for soft starter 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 Soft Starter Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Soft Starter Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Soft Starter Market - Industry Life Cycle |
3.4 Nigeria Soft Starter Market - Porter's Five Forces |
3.5 Nigeria Soft Starter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Nigeria Soft Starter Market Revenues & Volume Share, By End user industry, 2021 & 2031F |
4 Nigeria Soft Starter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in Nigeria |
4.2.2 Growing adoption of automation and energy-efficient solutions |
4.2.3 Rising demand for soft starters in various industries such as oil gas, manufacturing, and water treatment |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with soft starters |
4.3.2 Limited awareness and knowledge about the benefits of soft starters among end-users |
4.3.3 Challenges related to supply chain disruptions and logistics issues |
5 Nigeria Soft Starter Market Trends |
6 Nigeria Soft Starter Market, By Types |
6.1 Nigeria Soft Starter Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Soft Starter Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Nigeria Soft Starter Market Revenues & Volume, By Pumps, 2021- 2031F |
6.1.4 Nigeria Soft Starter Market Revenues & Volume, By Fans and blowers, 2021- 2031F |
6.1.5 Nigeria Soft Starter Market Revenues & Volume, By Compressors, 2021- 2031F |
6.2 Nigeria Soft Starter Market, By End user industry |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Soft Starter Market Revenues & Volume, By Mining and metal, 2021- 2031F |
6.2.3 Nigeria Soft Starter Market Revenues & Volume, By Food and beverage, 2021- 2031F |
6.2.4 Nigeria Soft Starter Market Revenues & Volume, By Energy and power, 2021- 2031F |
6.2.5 Nigeria Soft Starter Market Revenues & Volume, By Oil and gas, 2021- 2031F |
6.2.6 Nigeria Soft Starter Market Revenues & Volume, By Other end-user industries, 2021- 2031F |
7 Nigeria Soft Starter Market Import-Export Trade Statistics |
7.1 Nigeria Soft Starter Market Export to Major Countries |
7.2 Nigeria Soft Starter Market Imports from Major Countries |
8 Nigeria Soft Starter Market Key Performance Indicators |
8.1 Energy savings achieved by using soft starters |
8.2 Number of new industrial projects incorporating soft starters |
8.3 Adoption rate of soft starters in key industries in Nigeria |
9 Nigeria Soft Starter Market - Opportunity Assessment |
9.1 Nigeria Soft Starter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Nigeria Soft Starter Market Opportunity Assessment, By End user industry, 2021 & 2031F |
10 Nigeria Soft Starter Market - Competitive Landscape |
10.1 Nigeria Soft Starter Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Soft Starter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |