| Product Code: ETC8635722 | 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`s solar thermal import market saw a shift in concentration levels from moderate to high in 2024, with top exporters being China, India, Germany, Switzerland, and South Korea. Despite a negative growth rate in 2024, the compound annual growth rate for the period 2020-2024 stood at 2.82%, indicating steady expansion. The presence of key players from diverse regions highlights the global competitiveness of the market, offering opportunities for further development and collaboration within the solar thermal industry 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 Solar Thermal Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Solar Thermal Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Solar Thermal Market - Industry Life Cycle |
3.4 Nigeria Solar Thermal Market - Porter's Five Forces |
3.5 Nigeria Solar Thermal Market Revenues & Volume Share, By Collector Type, 2021 & 2031F |
3.6 Nigeria Solar Thermal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Solar Thermal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and policies supporting renewable energy adoption in Nigeria |
4.2.2 Increasing awareness about the benefits of solar thermal systems in terms of cost savings and environmental impact |
4.2.3 Growing demand for reliable and sustainable energy sources in off-grid and rural areas in Nigeria |
4.3 Market Restraints |
4.3.1 High upfront installation costs of solar thermal systems |
4.3.2 Lack of access to financing options for residential and commercial solar thermal projects |
4.3.3 Limited technical expertise and skilled workforce for solar thermal system installation and maintenance in Nigeria |
5 Nigeria Solar Thermal Market Trends |
6 Nigeria Solar Thermal Market, By Types |
6.1 Nigeria Solar Thermal Market, By Collector Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Solar Thermal Market Revenues & Volume, By Collector Type, 2021- 2031F |
6.1.3 Nigeria Solar Thermal Market Revenues & Volume, By Glazed Collector, 2021- 2031F |
6.1.4 Nigeria Solar Thermal Market Revenues & Volume, By Unglazed Collector, 2021- 2031F |
6.2 Nigeria Solar Thermal Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Solar Thermal Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Nigeria Solar Thermal Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Nigeria Solar Thermal Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Nigeria Solar Thermal Market Import-Export Trade Statistics |
7.1 Nigeria Solar Thermal Market Export to Major Countries |
7.2 Nigeria Solar Thermal Market Imports from Major Countries |
8 Nigeria Solar Thermal Market Key Performance Indicators |
8.1 Average cost per watt of solar thermal systems in Nigeria |
8.2 Number of new solar thermal installations in off-grid and rural areas |
8.3 Percentage increase in the use of solar thermal systems in residential and commercial buildings |
9 Nigeria Solar Thermal Market - Opportunity Assessment |
9.1 Nigeria Solar Thermal Market Opportunity Assessment, By Collector Type, 2021 & 2031F |
9.2 Nigeria Solar Thermal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Solar Thermal Market - Competitive Landscape |
10.1 Nigeria Solar Thermal Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Solar Thermal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |