| Product Code: ETC10973853 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Nigeria continued to rely heavily on ventilation fan imports, with China, India, Italy, Germany, and the USA being the top exporting countries. Despite the high concentration of the market, the Compound Annual Growth Rate (CAGR) from 2020-2024 stood at a healthy 8.71%. However, there was a slight decline in the growth rate from 2023-2024 at -3.47%. This indicates a stable market with steady growth potential, although some fluctuations were observed in the most recent year.

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 Ventilation Fan Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Ventilation Fan Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Ventilation Fan Market - Industry Life Cycle |
3.4 Nigeria Ventilation Fan Market - Porter's Five Forces |
3.5 Nigeria Ventilation Fan Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Ventilation Fan Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Ventilation Fan Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
3.8 Nigeria Ventilation Fan Market Revenues & Volume Share, By Blade Material, 2021 & 2031F |
3.9 Nigeria Ventilation Fan Market Revenues & Volume Share, By Feature, 2021 & 2031F |
4 Nigeria Ventilation Fan Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about indoor air quality and health concerns driving the demand for ventilation fans. |
4.2.2 Growth in construction activities and infrastructure development leading to the installation of ventilation systems. |
4.2.3 Implementation of energy efficiency regulations and standards boosting the adoption of energy-efficient ventilation fans in Nigeria. |
4.3 Market Restraints |
4.3.1 High initial costs associated with the installation of ventilation fans impacting market penetration. |
4.3.2 Lack of skilled professionals for installation and maintenance of ventilation systems hindering market growth. |
4.3.3 Limited consumer awareness about the benefits and importance of proper ventilation in buildings. |
5 Nigeria Ventilation Fan Market Trends |
6 Nigeria Ventilation Fan Market, By Types |
6.1 Nigeria Ventilation Fan Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Ventilation Fan Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Nigeria Ventilation Fan Market Revenues & Volume, By Axial Fans, 2021 - 2031F |
6.1.4 Nigeria Ventilation Fan Market Revenues & Volume, By Centrifugal Fans, 2021 - 2031F |
6.2 Nigeria Ventilation Fan Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Ventilation Fan Market Revenues & Volume, By Industrial Use, 2021 - 2031F |
6.2.3 Nigeria Ventilation Fan Market Revenues & Volume, By Commercial Use, 2021 - 2031F |
6.3 Nigeria Ventilation Fan Market, By Mounting Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Ventilation Fan Market Revenues & Volume, By Ceiling-Mounted, 2021 - 2031F |
6.3.3 Nigeria Ventilation Fan Market Revenues & Volume, By Wall-Mounted, 2021 - 2031F |
6.4 Nigeria Ventilation Fan Market, By Blade Material |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Ventilation Fan Market Revenues & Volume, By Metal Blades, 2021 - 2031F |
6.4.3 Nigeria Ventilation Fan Market Revenues & Volume, By Plastic Blades, 2021 - 2031F |
6.5 Nigeria Ventilation Fan Market, By Feature |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Ventilation Fan Market Revenues & Volume, By High Airflow, 2021 - 2031F |
6.5.3 Nigeria Ventilation Fan Market Revenues & Volume, By Low Noise, 2021 - 2031F |
7 Nigeria Ventilation Fan Market Import-Export Trade Statistics |
7.1 Nigeria Ventilation Fan Market Export to Major Countries |
7.2 Nigeria Ventilation Fan Market Imports from Major Countries |
8 Nigeria Ventilation Fan Market Key Performance Indicators |
8.1 Average energy efficiency rating of ventilation fans sold in the market. |
8.2 Adoption rate of smart ventilation systems in residential and commercial buildings. |
8.3 Number of government or industry certifications received by ventilation fan manufacturers for compliance with energy efficiency standards. |
8.4 Growth in the number of ventilation fan installations in new construction projects. |
9 Nigeria Ventilation Fan Market - Opportunity Assessment |
9.1 Nigeria Ventilation Fan Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Ventilation Fan Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Ventilation Fan Market Opportunity Assessment, By Mounting Type, 2021 & 2031F |
9.4 Nigeria Ventilation Fan Market Opportunity Assessment, By Blade Material, 2021 & 2031F |
9.5 Nigeria Ventilation Fan Market Opportunity Assessment, By Feature, 2021 & 2031F |
10 Nigeria Ventilation Fan Market - Competitive Landscape |
10.1 Nigeria Ventilation Fan Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Ventilation Fan Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |