Nigeria Air Heaters Market (2020-2026) | Industry, Growth, Trends, Revenue, Analysis, Size, Value, Segmentation, Share, Outlook & COVID-19 IMPACT

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.

Topics Covered in the Nigeria Air Heaters Market

Nigeria Air Heaters Market report thoroughly covers the market by type and by end-users. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.

Latest (2023) Development of the Nigeria Air Heaters Market

Nigeria air heaters market is set to witness significant growth due to increasing industrialization, rising demand for energy-efficient heating systems, and a growing focus on sustainable development. The increased focus on developing clean energy solutions that reduce greenhouse gas emissions as global warming is becoming a major concern, due to this, several investors are looking for ways to minimize their environmental impact while also fulfilling customer needs. The major trend contributing to the growth of Nigeria air heaters market share is technological advancements in product design. For instance, manufacturers are introducing innovative features that enable users to adjust temperature settings from anywhere using mobile devices or other internet-enabled devices.

Nigeria Air Heaters Market Synopsis

Nigeria Air Heaters Market is projected to register immense growth in the forthcoming years, driven by the increasing demand for energy-efficient air heaters and increased usage of air heaters across various industrial sectors such as power generation.

According to 6Wresearch, the Nigeria Air Heaters Market is estimated to register a sound growth rate during 2020-26. The major growth drivers of the market development include government initiatives towards reducing greenhouse gas emissions and increasing demand for air heaters in Nigeria have also played a significant role in the market growth of air heaters in Nigeria. The shift towards cleaner energy sources is expected to create lucrative opportunities for companies offering efficient heating solutions. Additionally, the increasing use of air heaters in various industrial sectors such as power generation, chemical processing, and oil & gas industries to maintain optimal temperatures during their daily operations is another key factor propelling growth in this sector. However, a lack of awareness about energy-efficient heating solutions among consumers is making it difficult for companies operating in this space to promote their products effectively. With significant growth opportunities, the Nigeria Air Heaters Industry is growing as more companies are adopting solar-powered air heaters or hybrid systems that combine different renewable energy sources with conventional fuel options.

COVID-19 Impact on the Nigeria Air Heaters Market

The COVID-19 pandemic has affected the air heaters market in Nigeria in several ways as the pandemic negatively impacted the economy and industrial production. Also, there has been a huge reduction in demand for heating equipment due to restrictions imposed on commercial activities. Moreover, the supply chain disruptions caused by lockdowns resulted in halted production and delays in the delivery of raw materials. This led to an increase in input costs which affected profitability margins within this market. Despite these challenges, some key players have been able to leverage technological advancements in terms of maintaining social distancing that also allows them to offer maintenance services remotely and limit physical contact with clients.

Key Players in the Nigeria Air Heaters Market

The Nigeria Air Heaters Market has several key players as the demand for air heating solutions is growing tremendously. These include well-known companies such as

• Thermic Edge Limited
• Industrial Combustion Engineering Ltd.
• Saffron AC
• Alfa Laval AB (Sweden)
• GEA Group AG(Germany)

Market Analysis by End-Users

According to Ravi Bhandari, Research Head, 6Wresearch, the Packaging segment uses air heaters to heat seal packaging material. In the drying segment, air heaters are commonly used in food processing, textiles, and paper industries to dry products or materials. Moreover, the sealing segment uses air heaters in construction and manufacturing industries to heat and seal materials. In terms of growth, each segment is growing at a burgeoning growth rate.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Nigeria Air Heaters Market Outlook
• Market Size of Nigeria Air Heaters Market, 2019
• Forecast of Nigeria Air Heaters Market, 2026
• Historical Data and Forecast of Nigeria Air Heaters Revenues & Volume for the Period 2016 - 2026
• Nigeria Air Heaters Market Trend Evolution
• Nigeria Air Heaters Market Drivers and Challenges
• Nigeria Air Heaters Price Trends
• Nigeria Air Heaters Porter's Five Forces
• Nigeria Air Heaters Industry Life Cycle
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Type for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Indirect Fired Air Heaters for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Direct Fired Air Heaters for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Duct Heater for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Portable Air Heater for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By End-users for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Packaging for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Drying for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Sealing for the Period 2016 - 2026
• Historical Data and Forecast of Nigeria Air Heaters Market Revenues & Volume By Others for the Period 2016 - 2026
• Nigeria Air Heaters Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By End-users
• Nigeria Air Heaters Top Companies Market Share
• Nigeria Air Heaters Competitive Benchmarking By Technical and Operational Parameters
• Nigeria Air Heaters Company Profiles
• Nigeria Air Heaters Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

• Indirect Fired Air Heaters
• Direct Fired Air Heaters
• Duct Heater
• Portable Air Heater
• Others

By End-Users

• Packaging
• Drying
• Sealing
• Others

Nigeria Air Heaters Market: FAQs