| Product Code: ETC8638503 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decline in the growth rate of Nigeria`s wind power equipment imports in 2024, the country continues to rely on major exporters such as the USA, China, Sweden, Areas, nes, and Germany. The High Herfindahl-Hirschman Index (HHI) indicates a significant level of market concentration among these top exporting countries. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 highlights challenges in the market, while the sharp decline in growth rate from 2023 to 2024 suggests a potential need for strategic interventions to boost the import sector in the coming years.

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 Wind Power Equipment Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Wind Power Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Wind Power Equipment Market - Industry Life Cycle |
3.4 Nigeria Wind Power Equipment Market - Porter's Five Forces |
3.5 Nigeria Wind Power Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Wind Power Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Wind Power Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting renewable energy sources |
4.2.2 Increasing energy demand in Nigeria |
4.2.3 Growing awareness about environmental sustainability |
4.3 Market Restraints |
4.3.1 High initial investment costs for wind power equipment |
4.3.2 Lack of adequate infrastructure and grid connectivity |
4.3.3 Political and regulatory uncertainties |
5 Nigeria Wind Power Equipment Market Trends |
6 Nigeria Wind Power Equipment Market, By Types |
6.1 Nigeria Wind Power Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Wind Power Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Wind Power Equipment Market Revenues & Volume, By Rotor/Blade, 2021- 2031F |
6.1.4 Nigeria Wind Power Equipment Market Revenues & Volume, By Tower, 2021- 2031F |
6.1.5 Nigeria Wind Power Equipment Market Revenues & Volume, By Generator, 2021- 2031F |
6.1.6 Nigeria Wind Power Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Wind Power Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Wind Power Equipment Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Nigeria Wind Power Equipment Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Nigeria Wind Power Equipment Market Import-Export Trade Statistics |
7.1 Nigeria Wind Power Equipment Market Export to Major Countries |
7.2 Nigeria Wind Power Equipment Market Imports from Major Countries |
8 Nigeria Wind Power Equipment Market Key Performance Indicators |
8.1 Capacity utilization rate of existing wind power installations |
8.2 Number of new wind power projects initiated |
8.3 Percentage increase in renewable energy consumption in Nigeria |
9 Nigeria Wind Power Equipment Market - Opportunity Assessment |
9.1 Nigeria Wind Power Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Wind Power Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Wind Power Equipment Market - Competitive Landscape |
10.1 Nigeria Wind Power Equipment Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Wind Power Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |