Market Forecast By Type (Indirect Fired Air Heaters, Direct Fired Air Heaters, Duct Heater, Portable Air Heater, Others), By End-users (Packaging, Drying, Sealing, Others), And Competitive Landscape
Product Code: ETC030729 | Publication Date: Oct 2020 | Updated Date: Nov 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Nigeria Air Heaters Market | Country-Wise Share and Competition Analysis
In the year 2021, the USA was the largest exporter in terms of value, followed by Singapore. It has registered a growth of 203.88% over the previous year. While Singapore registered a growth of 70.26% as compared to the previous year. In the year 2017, Italy was the largest exporter followed by China. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Nigeria has a Herfindahl index of 2165 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 2649 which signifies a high concentration in the market.
Report Name | Nigeria Air Heaters market |
Forecast Period | 2024-2030 |
Market Size | USD 130 Million by 2030 |
CAGR | 7.1% |
Growing Sector | Industrial Manufacturing |
The Nigeria Air Heaters report thoroughly covers the market by type and by end user. The 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.
In 2024, the Nigeria Air Heaters market is valued at approximately $ 76 million, with a projected compound annual growth rate (CAGR) of 7.2% over the next five years. Additionally, by 2030, the market is expected to reach around $ 130 million. The industrial manufacturing sector holds significant position in the overall market.
The Nigeria air heaters market is poised for substantial growth, driven by increasing industrial activities, urbanization, and the rising demand for energy-efficient heating solutions across various sectors, including agriculture, manufacturing, and construction. As Nigeria continues to develop its infrastructure and industrial base, the need for effective climate control and heating systems becomes critical, particularly in food processing and industrial drying applications. Furthermore, the government's initiatives to promote renewable energy sources and improve energy efficiency are encouraging investments in modern air heating technologies.
According to 6Wresearch, Nigeria Air Heaters market size is projected to grow at a CAGR of 7.2% during 2024-2030. The growth of the air heaters market in Nigeria is driven by rapid industrialization, expansion in agriculture, and increasing energy demand, as industries and large farms seek efficient heating solutions for optimal productivity and climate control. The manufacturing and oil & gas sectors, major economic pillars, heavily rely on air heaters for temperature regulation, which boosts market demand.
Additionally, government support for energy-efficient technologies and a shift toward sustainable solutions encourage adoption of advanced air heating systems. Further, this market is also supported by a growing awareness of the importance of air quality and comfort in both residential and commercial spaces, leading to a diverse range of product offerings tailored to meet specific heating needs. However, the Nigeria Air Heaters industry faces challenges such as high initial costs of energy-efficient heaters and the limited availability of skilled maintenance services. Frequent power outages and dependency on costly energy sources also hinder consistent operational use, impacting market growth potential.
The Nigeria Air Heaters Market features key players focused on delivering innovative and efficient heating solutions to cater to growing industrial and commercial needs. Prominent companies include Thermolec, known for energy-efficient and durable heating solutions, Chromalox, which specializes in industrial-grade electric heaters, and Babcock Wanson, which offers advanced air heating systems tailored for diverse industries. Heatrod Elements is also notable for its expertise in electric heating components, while Systemair brings a wide range of ventilation and heating products. Additionally, some of these players hold majority of the Nigeria Air Heaters market share. Moreover, these companies are expanding their offerings to align with Nigeria's rising demand for sustainable, energy-efficient, and IoT-enabled air heating solutions.
In Nigeria, government regulations impacting the air heaters market are primarily focused on environmental compliance, energy efficiency, and safety standards. Regulatory bodies such as the Standards Organization of Nigeria (SON) and the National Environmental Standards and Regulations Enforcement Agency (NESREA) enforce rules to ensure that air heaters comply with local and international environmental and safety requirements. Further, these initiatives have further boosted the Nigeria Air Heaters market revenues. Moreover, these regulations aim to minimize emissions and promote the adoption of energy-efficient and eco-friendly heating solutions, aligning with broader goals of sustainable industrial practices and reducing carbon footprints. Additionally, import regulations on equipment components affect the cost and availability of advanced heating technology in the market.
The future of Nigeria's air heaters market is anticipated to experience steady growth driven by rising industrialization, the expansion of the manufacturing and processing sectors, and increasing adoption of energy-efficient heating solutions. As more industries prioritize sustainability, demand for eco-friendly and technologically advanced air heaters is expected to grow. Government support for green energy initiatives and heightened awareness of environmental regulations will likely further accelerate the shift toward efficient heating systems. Additionally, advancements in heater technology, such as improved fuel efficiency and the integration of digital controls, are expected to attract investments, making Nigeria an increasingly competitive market for air heater manufacturers.
According to Ravi Bhandari, Research Head, 6Wresearch, the growth of direct-fired air heaters in Nigeria is projected to accelerate due to increased demand from industries like agriculture, food processing, and construction, where rapid and effective heating is essential. Their energy efficiency and ability to deliver high heat output directly to spaces make them cost-effective solutions, especially valuable in sectors with large-scale heating needs. Additionally, as industries seek to reduce operational costs, the direct-fired air heaters’ lower fuel consumption and reduced emissions make them increasingly attractive. This growth is further supported by technological improvements in heater design, resulting in better control systems and enhanced safety features, positioning direct-fired heaters as preferred choices for Nigerian industries.
The drying end-user segment in Nigeria is experiencing significant growth due to rising industrial and agricultural activities that require efficient moisture control and product processing. Key industries like food processing, pharmaceuticals, textiles, and wood production are increasingly adopting advanced drying technologies to enhance product quality and shelf life, reduce waste, and meet safety standards. This demand is also driven by expanding export activities, where quality requirements and regulatory standards encourage investment in high-efficiency drying systems. Additionally, the growth in construction and infrastructure development boosts demand for drying solutions in related materials and coatings, consolidating drying end users as a critical component in Nigeria’s industrial landscape.
The report offers a comprehensive study of the subsequent market segments:
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 Air Heaters Market Overview |
3.1 Nigeria Air Heaters Market Revenues & Volume, 2020 - 2030F |
3.2 Nigeria Air Heaters Market - Industry Life Cycle |
3.3 Nigeria Air Heaters Market - Porter's Five Forces |
3.4 Nigeria Air Heaters Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.5 Nigeria Air Heaters Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Nigeria Air Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Air Heaters Market Trends |
6 Nigeria Air Heaters Market Segmentation |
6.1 Nigeria Air Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Air Heaters Market Revenues & Volume, By Type, 2020 - 2030F |
6.1.3 Nigeria Air Heaters Market Revenues & Volume, By Indirect Fired Air Heaters, 2020 - 2030F |
6.1.4 Nigeria Air Heaters Market Revenues & Volume, By Direct Fired Air Heaters, 2020 - 2030F |
6.1.5 Nigeria Air Heaters Market Revenues & Volume, By Duct Heater, 2020 - 2030F |
6.1.6 Nigeria Air Heaters Market Revenues & Volume, By Portable Air Heater, 2020 - 2030F |
6.1.7 Nigeria Air Heaters Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 Nigeria Air Heaters Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Air Heaters Market Revenues & Volume, By Packaging, 2020 - 2030F |
6.2.3 Nigeria Air Heaters Market Revenues & Volume, By Drying, 2020 - 2030F |
6.2.4 Nigeria Air Heaters Market Revenues & Volume, By Sealing, 2020 - 2030F |
6.2.5 Nigeria Air Heaters Market Revenues & Volume, By Others, 2020 - 2030F |
7 Nigeria Air Heaters Market Import-Export Trade Statistics |
7.1 Nigeria Air Heaters Market Export to Major Countries |
7.2 Nigeria Air Heaters Market Imports from Major Countries |
8 Nigeria Air Heaters Market Key Performance Indicators |
9 Nigeria Air Heaters Market - Opportunity Assessment |
9.1 Nigeria Air Heaters Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Nigeria Air Heaters Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Nigeria Air Heaters Market - Competitive Landscape |
10.1 Nigeria Air Heaters Market Revenue Share, By Companies, 2023 |
10.2 Nigeria Air Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |