| Product Code: ETC8638517 | 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 the high concentration of wind turbine nacelle imports in Nigeria in 2024, the top exporting countries including the USA, China, Sweden, Germany, and others continued to dominate the market. The negative Compound Annual Growth Rate (CAGR) from 2020-24 at -39.7% and a steep decline in growth rate from 2023-24 at -65.53% indicate a challenging market environment. It will be crucial for market players to closely monitor these trends and adapt their strategies to navigate the changing landscape of the wind energy sector 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 Wind Turbine Nacelle Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Wind Turbine Nacelle Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Wind Turbine Nacelle Market - Industry Life Cycle |
3.4 Nigeria Wind Turbine Nacelle Market - Porter's Five Forces |
3.5 Nigeria Wind Turbine Nacelle Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Nigeria Wind Turbine Nacelle Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.7 Nigeria Wind Turbine Nacelle Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Nigeria Wind Turbine Nacelle Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Nigeria Wind Turbine Nacelle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government support and incentives for renewable energy projects |
4.2.2 Increasing focus on reducing carbon footprint and meeting sustainability goals |
4.2.3 Rising energy demand and need for diversification of energy sources |
4.3 Market Restraints |
4.3.1 High initial investment costs for wind turbine nacelles |
4.3.2 Lack of adequate infrastructure for wind energy projects |
4.3.3 Regulatory challenges and policy uncertainty in the renewable energy sector |
5 Nigeria Wind Turbine Nacelle Market Trends |
6 Nigeria Wind Turbine Nacelle Market, By Types |
6.1 Nigeria Wind Turbine Nacelle Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By 2 MW to 4 MW, 2021- 2031F |
6.1.4 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Less than 2 MW, 2021- 2031F |
6.1.5 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Above 4 MW, 2021- 2031F |
6.2 Nigeria Wind Turbine Nacelle Market, By Deployment |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 Nigeria Wind Turbine Nacelle Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Utilities, 2021- 2031F |
6.3.3 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4 Nigeria Wind Turbine Nacelle Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Gearbox, 2021- 2031F |
6.4.3 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Generator, 2021- 2031F |
6.4.4 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Electronic Systems, 2021- 2031F |
6.4.5 Nigeria Wind Turbine Nacelle Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Wind Turbine Nacelle Market Import-Export Trade Statistics |
7.1 Nigeria Wind Turbine Nacelle Market Export to Major Countries |
7.2 Nigeria Wind Turbine Nacelle Market Imports from Major Countries |
8 Nigeria Wind Turbine Nacelle Market Key Performance Indicators |
8.1 Capacity utilization rate of wind turbine nacelles |
8.2 Average cost per megawatt-hour of wind energy generated |
8.3 Number of new wind energy projects announced or initiated |
8.4 Wind energy capacity additions in Nigeria |
8.5 Percentage of electricity generated from wind energy in the overall energy mix |
9 Nigeria Wind Turbine Nacelle Market - Opportunity Assessment |
9.1 Nigeria Wind Turbine Nacelle Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Nigeria Wind Turbine Nacelle Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.3 Nigeria Wind Turbine Nacelle Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Nigeria Wind Turbine Nacelle Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Nigeria Wind Turbine Nacelle Market - Competitive Landscape |
10.1 Nigeria Wind Turbine Nacelle Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Wind Turbine Nacelle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |