| Product Code: ETC11321373 | 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 | |
Despite the high concentration of wind tower imports in Nigeria coming from India, China, Turkey, Italy, and Tokelau, the industry saw a significant decline with a negative CAGR of -20.29% from 2020 to 2024. The steep drop in growth rate from 2023 to 2024 at -51.54% indicates a challenging environment for wind tower imports in Nigeria. Stakeholders in the market may need to reassess strategies to navigate these unfavorable trends and potential market shifts.
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 tower Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Wind tower Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Wind tower Market - Industry Life Cycle |
3.4 Nigeria Wind tower Market - Porter's Five Forces |
3.5 Nigeria Wind tower Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Wind tower Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Nigeria Wind tower Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Nigeria Wind tower Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Wind tower Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and policies promoting renewable energy |
4.2.2 Increasing focus on reducing carbon emissions and transitioning to cleaner energy sources |
4.2.3 Growing awareness about the benefits of wind energy and its potential in Nigeria |
4.3 Market Restraints |
4.3.1 High initial investment costs for wind tower installation |
4.3.2 Limited grid infrastructure and transmission capacity |
4.3.3 Political and economic instability in the region affecting investor confidence |
5 Nigeria Wind tower Market Trends |
6 Nigeria Wind tower Market, By Types |
6.1 Nigeria Wind tower Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Wind tower Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Nigeria Wind tower Market Revenues & Volume, By Tubular Steel Towers, 2021 - 2031F |
6.1.4 Nigeria Wind tower Market Revenues & Volume, By Concrete Towers, 2021 - 2031F |
6.1.5 Nigeria Wind tower Market Revenues & Volume, By Hybrid Towers, 2021 - 2031F |
6.1.6 Nigeria Wind tower Market Revenues & Volume, By Lattice Towers, 2021 - 2031F |
6.2 Nigeria Wind tower Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Wind tower Market Revenues & Volume, By Bulk Packaging, 2021 - 2031F |
6.2.3 Nigeria Wind tower Market Revenues & Volume, By Boxed, 2021 - 2031F |
6.2.4 Nigeria Wind tower Market Revenues & Volume, By Custom Packaged, 2021 - 2031F |
6.2.5 Nigeria Wind tower Market Revenues & Volume, By Modular Kits, 2021 - 2031F |
6.3 Nigeria Wind tower Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Wind tower Market Revenues & Volume, By Wind Turbine Manufacturers, 2021 - 2031F |
6.3.3 Nigeria Wind tower Market Revenues & Volume, By Construction Suppliers, 2021 - 2031F |
6.3.4 Nigeria Wind tower Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.3.5 Nigeria Wind tower Market Revenues & Volume, By Energy Contractors, 2021 - 2031F |
6.4 Nigeria Wind tower Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Wind tower Market Revenues & Volume, By Power Utilities, 2021 - 2031F |
6.4.3 Nigeria Wind tower Market Revenues & Volume, By Offshore Wind Farms, 2021 - 2031F |
6.4.4 Nigeria Wind tower Market Revenues & Volume, By Large-Scale Wind Projects, 2021 - 2031F |
6.4.5 Nigeria Wind tower Market Revenues & Volume, By Industrial Applications, 2021 - 2031F |
7 Nigeria Wind tower Market Import-Export Trade Statistics |
7.1 Nigeria Wind tower Market Export to Major Countries |
7.2 Nigeria Wind tower Market Imports from Major Countries |
8 Nigeria Wind tower Market Key Performance Indicators |
8.1 Average wind speed in key locations for wind tower installation |
8.2 Number of new wind tower projects announced or initiated |
8.3 Capacity utilization rate of existing wind towers |
9 Nigeria Wind tower Market - Opportunity Assessment |
9.1 Nigeria Wind tower Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Wind tower Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Nigeria Wind tower Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Nigeria Wind tower Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Wind tower Market - Competitive Landscape |
10.1 Nigeria Wind tower Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Wind tower Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |