Market Forecast By Products (Tractors (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP And Above 200 HP), Harvesters (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP And Above 200 HP), Threshers (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP And Above 200 HP), Pumps (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP And Above 200 HP), Power Tillers (Up To 30 HP And 30.1 HP- 70 HP), Rotavators (Up To 30 HP, 30.1 HP- 70 HP And 70.1 HP- 130 HP) And Others Including Rice Transplanters, Weeders, Excavators And Farm Carriers)), And Competitive Landscape
Product Code: ETC150284 | Publication Date: Jan 2022 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Nigeria Agriculture Equipment market currently, in 2023, has witnessed an HHI of 4490, Which has increased moderately as compared to the HHI of 2190 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Nigeria Agriculture Equipment Market is projected to grow over the coming years. Nigeria Agriculture Equipment Market report is a part of our periodical regional publication Africa Agriculture Equipment Market outlook report. 6W tracks Agriculture Equipment Market for over 60 countries with individual country-wise market opportunity assessment and publishes the market with the report titled Global Agriculture Equipment Market outlook report annually.
Nigeria Agriculture Equipment Market report thoroughly covers market by Products type and HP range. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Nigeria Agriculture Equipment Market Synopsis
Nigeria Agriculture Equipment Market is expected to register sound revenues during the upcoming years owing to the increasing development of infrastructure. The rising government efforts such as providing loans to the farmers on low rate of interest beholds the Nigeria Agriculture Equipment Market Growth. The substantial increase in the number of farm activities in the country backed by the rising pressure on land to increase the productivity is also adding to the Nigeria Agriculture Equipment Market Share.
According to 6Wresearch, Nigeria Agriculture Equipment Market size is projected to register growth during 2021-2027. The rising shortage of farm labour due to the global health emergency and nationwide lockdown backed by rising cost associated with it beholds the growth of the market. Additionally, the rising penetration of the framers towards the usage of modern techniques of farming is adding to the Nigeria Agriculture Equipment Market Revenue. However, the market suffered a major setback due to the outburst of the global pandemic. The COVID-19 restriction led to the disruption in supply chain of the agriculture equipment.
Market Analysis by Product
Based on product, the tractor segment occupied the substantial share and is expected to lead the market during the upcoming years.
Key Attractiveness of the Report
Key Highlights of the Report:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Methodology Adopted and Key Data Points |
2.5. Assumptions |
3. Nigeria Agriculture Equipment Market Overview |
3.1. Nigeria Agriculture Equipment Market Revenues and Volume, 2017-2027F |
3.2. Nigeria Agriculture Equipment Market Industry Life Cycle, 2018 |
3.3. Nigeria Agriculture Equipment Market Porter’s Five Forces |
3.4. Nigeria Agriculture Equipment Market Revenue and Volume Share, By Equipment, 2020 & 2027F |
4. Nigeria Agriculture Equipment Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Nigeria Tractor Market Overview |
5.1. Nigeria Tractor Market Revenues and Volume, 2017-2027F |
5.2. Nigeria Tractor Market Revenue Share, By HP Range, 2020 & 2027F |
5.3. Nigeria Tractor Market Volume Share, By HP Range, 2020 & 2027F |
5.4. Nigeria Tractor Market Revenues and Volume, By HP Range, 2017-2027F |
5.5. Nigeria Tractor Market Price Trend, By HP Range, 2017-2027F |
6. Nigeria Harvester Market Overview |
6.1. Nigeria Harvester Market Revenues and Volume, 2017-2027F |
6.2. Nigeria Harvester Market Revenue Share, By HP Range, 2020 & 2027F |
6.3. Nigeria Harvester Market Volume Share, By HP Range, 2020 & 2027F |
6.4. Nigeria Harvester Market Revenues and Volume, By HP Range, 2017-2027F |
6.5. Nigeria Harvester Market Price Trend, By HP Range, 2017-2027F |
7. Nigeria Thresher Market Overview |
7.1. Nigeria Thresher Market Revenues and Volume, 2017-2027F |
7.2. Nigeria Thresher Market Revenue Share, By HP Range, 2020 & 2027F |
7.3. Nigeria Thresher Market Volume Share, By HP Range, 2020 & 2027F |
7.4. Nigeria Thresher Market Revenues and Volume, By HP Range, 2017-2027F |
7.5. Nigeria Thresher Market Price Trend, By HP Range, 2017-2027F |
8. Nigeria Pumps Market Overview |
8.1. Nigeria Pumps Market Revenues and Volume, 2017-2027F |
8.2. Nigeria Pumps Market Revenue Share, By HP Range, 2020 & 2027F |
8.3. Nigeria Pumps Market Volume Share, By HP Range, 2020 & 2027F |
8.4. Nigeria Pumps Market Revenues and Volume, By HP Range, 2017-2027F |
8.5. Nigeria Pumps Market Price Trend, By HP Range, 2017-2027F |
9. Nigeria Power Tiller Market Overview |
9.1. Nigeria Power Tiller Market Revenues and Volume, 2017-2027F |
9.2. Nigeria Power Tiller Market Revenue Share, By HP Range, 2020 & 2027F |
9.3. Nigeria Power Tiller Market Volume Share, By HP Range, 2020 & 2027F |
9.4. Nigeria Power Tiller Market Revenues and Volume, By HP Range, 2017-2027F |
9.5. Nigeria Power Tiller Market Price Trend, By HP Range, 2017-2027F |
10. Nigeria Rotavator Market Overview |
10.1. Nigeria Rotavator Market Revenues and Volume, 2017-2027F |
10.2. Nigeria Rotavator Market Revenue Share, By HP Range, 2020 & 2027F |
10.3. Nigeria Rotavator Market Volume Share, By HP Range, 2020 & 2027F |
10.4. Nigeria Rotavator Market Revenues and Volume, By HP Range, 2017-2027F |
10.5. Nigeria Rotavator Market Price Trend, By HP Range, 2017-2027F |
11. Nigeria Other Agriculture Equipment Market Overview |
11.1. Nigeria Other Agriculture Equipment Market Revenues and Volume, 2017-2027F |
12. Nigeria Key Performance Indicators |
13. Nigeria Agriculture Equipment Market Opportunity Assessment |
13.1. Nigeria Agriculture Equipment Market, Opportunity Assessment, By Equipment, 2027F |
14. Nigeria Agriculture Equipment Market Competitive Landscape |
14.1. Nigeria Agriculture Equipment Market Revenue Share, By Companies, 2020 |
15. Company Profiles |
16. Strategic Recommendations |
17. Disclaimer |