Nigeria Diesel Genset Market (2019-2025) | Size, Share, Growth, Trend, Analysis, Forecast, Revenue & Outlook

Market Forecast By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Product Code: ETC001321 Publication Date: Jul 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Latest Development (2022) in Nigeria Diesel Genset Market

Nigeria Diesel Genset market is expected to gain sluggish growth during the upcoming years on account of the rising replacement of local generators with locally-made solar power equipment due to high cost.  Rising demand for power coupled with increasing development in transmission systems is driving the growth of the market. Moreover, surging disposable income and demand for regular power supply are accelerating the Nigeria Diesel Genset Market Growth. Additionally, the surging popularity of hybrid generators triggers the potential growth of the industry. The increasing population in the country coupled with rising economic growth in developing the growth of the industry. 

Nigeria Diesel Genset Market Synopsis

Nigeria Diesel Genset market is a part of Africa Diesel Genset Market report that thoroughly covers the Nigeria diesel Genset market by kVA rating and applications. The Nigeria diesel Genset market outlook report provides an unbiased and detailed analysis of the Nigerian diesel Genset market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to device and align market strategies according to the current and future market dynamics.

Nigeria Diesel Genset Market is anticipated to witness healthy growth during 2019-2025 as there is a lack of robust power infrastructure in the country and the existing power plants are operating at only one-third of their potential capacity. Thus, the demand for Diesel Gensets as an auxiliary power resource is expected to stay afloat over the coming years. Surging disposable income and rising need for regular and uninterruptible power supply is driving the Nigeria Diesel Genset Market Growth. Increasing loss of power transmission coupled with lack of power infrastructure is driving the development of the industry.  

According to 6Wresearch, the Nigeria Diesel Genset Market size is projected to grow at a CAGR of 2.8% during 2019-2025.  Rising usage of diesel generators in various industries such as oil and mining is accelerating the Nigeria Diesel Genset Market Share. Stringent regulations by the government in order to reduce carbon emissions are likely to hamper the development of the market. Rising disposable income coupled with increasing urbanization and rising development of infrastructure is driving the Nigeria Diesel Genset Market Growth. Moreover, the increasing number of data centers along with the growing need for regular and uninterrupted power supply is accelerating the demand for diesel Genset in Nigeria. The rising risk of power outages especially in remote areas is adding to the Nigeria Diesel Genset Market Share.  

Market Analysis by Application

Based on application, the industrial sector accounted for the major share in Nigeria and Global Diesel Genset Market and is expected to maintain its dominance during the forecast period as well on account of the efficient power supply required to support the industry power need and the underdeveloped power infrastructure in Nigeria. The generators are widely used in industries in order to ensure a regular supply of electricity during power failure. 

Market Analysis by kVA Ratings

In Nigeria, diesel Gensets with a rating of 375.1-750 kVA accounted for the majority of the revenue share. However, diesel Gensets in the 5-75 kVA range would continue to dominate the market in volume terms during the forecast period due to their widespread use in the residential, telecom, and banking sectors. The growing demand for such Gensets in residential buildings, small industries, and telecom sectors is further proliferating the development of the market. 

Key Players in the market

Some of the key players in the Nigeria Diesel Genset Market are:

  • Denya Co. Ltd.
  • Cummins Inc. 
  • YorPower Ltd. 
  • Caterpillar Inc.
  • Jubaili Bros. 
  • General Electric Company
  • Kirloskar Oil Engines Limited

Key Highlights of the Report:

  • Nigeria Diesel Genset Market Overview
  • Nigeria Diesel Genset Market Outlook
  • Nigeria Diesel Genset Market Forecast
  • Nigeria Diesel Genset Market Size
  • Nigeria Diesel Genset Market Share, by kVA rating
  • Nigeria Diesel Genset Market Forecast of revenues until 2025
  • Historical Data of Nigeria Diesel Genset Market Revenues and Volume for the Period 2015-2018
  • Market Size & Forecast of Nigeria Diesel Genset Market Revenues and Volume until 2025
  • Historical Data of Nigeria Diesel Genset Market Revenues & Volume, by kVA Rating for the Period 2015-2018
  • Market Size & Forecast of Nigeria Diesel Genset Market Revenues & Volume, by kVA Rating until 2025
  • Historical Data of Nigeria Diesel Genset Market Revenues, By Applications for the Period 2015-2018
  • Market Size & Forecast of Nigeria Diesel Genset Market Revenues, By Applications until 2025
  • Nigeria Diesel Genset Market Price Trends
  • Nigeria Diesel Gensets Market Drivers and Restraints
  • Nigeria Diesel Genset Market Trends
  • Nigeria Diesel Genset Market Share, By Companies
  • Nigeria Diesel Genset Market Overview on Competitive Benchmarking
  • Company Profiles
  • Strategic Recommendations

Nigeria Diesel Genset Market Report Covered:

The Nigeria diesel Genset market report provides a detailed analysis of the following market segments:

By kVA Rating:

  • 5.1- 75 kVA
  • 75.1- 375 kVA
  • 375.1- 750 kVA
  • 750.1- 1000 kVA
  • Above 1000 kVA

By Applications:

  • Commercial
  • Residential
  • Industrial
  • Transportation and Public Infrastructure
Frequently Asked Questions About the Market Study: FAQs

1). Which segment based on application accounted for the major share in Nigeria Diesel Genset Market?

Based on application, the industrial sector accounted for the major share of the Diesel Generator Market in Nigeria.

2). Which segment based on kVA Rating accounted for the majority of revenue share?

In Nigeria, diesel Gensets with a rating of 375.1-750 kVA accounted for the majority of the revenue share.

3). What is the study period of the report? 

The study period of the report is 2019-2025. 

4). Which segment based on the rating would dominate the overall Nigeria Diesel Genset Market in terms of volume?

Diesel Gensets in the 5-75 kVA range would continue to dominate the market in volume terms. 

5). How much growth is expected in Nigeria's Diesel Genset Market during 2019-2025?

Nigeria Diesel Genset Market size is projected to grow at a CAGR of 2.8% during 2019-25.

1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Nigeria Diesel Genset Market Overview
3.1 Nigeria Country Indicators
3.2 Nigeria Diesel Genset Market Revenues & Volume, 2015-2025F 
3.3 Nigeria Diesel Genset Market Revenue & Volume Share, By kVA Rating, 2018 & 2025F
3.4 Nigeria Diesel Genset Market Revenue Share, By Applications, 2018 & 2025F
3.5 Nigeria Diesel Genset Market - Industry Life Cycle, 2018
3.6 Nigeria Diesel Genset Market - Porter's Five Forces, 2018
4. Nigeria Diesel Genset Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Nigeria Diesel Genset Market Trends
6. Nigeria Diesel Genset Market Overview, By kVA Rating
6.1 Nigeria 5 kVA-75 kVA Diesel Genset Market Revenues & Volume, 2015-2025F 
6.2 Nigeria 75.1 kVA-375 kVA Diesel Genset Market Revenues & Volume, 2015-2025F 
6.3 Nigeria 375.1 kVA-750 kVA Diesel Genset Market Revenues & Volume, 2015-2025F
6.4 Nigeria 750.1 kVA-1000 kVA Diesel Genset Market Revenues & Volume, 2015-2025F
6.5 Nigeria Above 1000 kVA Diesel Genset Market Revenues & Volume, 2015-2025F 
7. Nigeria Diesel Genset Market Overview, By Applications
7.1 Nigeria Commercial Diesel Genset Market Revenues, 2015-2025F
7.2 Nigeria Industrial Diesel Genset Market Revenues, 2015-2025F 
7.3 Nigeria Residential Diesel Genset Market Revenues, 2015-2025F 
7.4 Nigeria Transportation & Public Infrastructure Diesel Genset Market Revenues, 2015-2025F 
8. Nigeria Diesel Genset Market - Key Performance Indicators
9. Nigeria Diesel Genset Market - Import Statistics
9.1 Nigeria Import of Less than 75 kVA Diesel Gensets, By Country, 2018
9.2 Nigeria Import of 75 - 375 kVA Diesel Gensets, By Country, 2018
9.3 Nigeria Import of Above 375 kVA Diesel Gensets, By Country, 2018
10. Nigeria Diesel Genset Market - Opportunity Assessment
10.1 Nigeria Diesel Genset Market Opportunity Assessment, By kVA Rating, 2025F
10.2 Nigeria Diesel Genset Market Opportunity Assessment, By Applications, 2025F
11. Nigeria Diesel Genset Market Competitive Landscape
11.1 Nigeria Diesel Genset Market Competitive Benchmarking, By Technical and Operating Parameters
11.2 Nigeria Diesel Genset Market Revenue Share, By Company, 2018
12. Company Profiles
13. Strategic Recommendations
14. Disclaimer
List of Figures
Figure 1. Nigeria Diesel Genset Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units)
Figure 2. Nigeria Diesel Genset Market Revenue Share, By kVA Rating, 2018 & 2025F
Figure 3. Nigeria Diesel Genset Market Volume Share, By kVA Rating, 2018 & 2025F
Figure 4. Nigeria Diesel Genset Market Revenue Share, By Applications, 2018 & 2025F
Figure 5. Nigeria Diesel Genset Market - Industry Life Cycle
Figure 6. Nigeria Commercial Diesel Genset Market Revenues, 2015-2025F ($ Million)
Figure 7. Nigeria Industrial  Diesel Genset Market Revenues, 2015-2025F ($ Million)
Figure 8. Nigeria Residential Diesel Genset Market Revenues, 2015-2025F ($ Million)
Figure 9. Nigeria Transportation & Public Infrastructure Diesel Genset Market Revenues, 2015-2025F ($ Million)
Figure 10. Nigeria Import of Less than 75 kVA Diesel Gensets, By Country, 2018 ($ Million)
Figure 11. Nigeria Import of 75 - 375 kVA Diesel Gensets, By Country, 2018 ($ Million)
Figure 12. Nigeria Import of Above 375 kVA Diesel Gensets, By Country, 2018 ($ Million)
Figure 13. Nigeria Diesel Genset Market Opportunity Assessment, By kVA Rating, 2025F
Figure 14. Nigeria Diesel Genset Market Opportunity Assessment, By Applications, 2025F
Figure 15. Nigeria Diesel Genset Market Revenue Share, By Company, 2018
List of Tables
Table 1. Nigeria Diesel Genset Market Revenues, By kVA Rating, 2015-2025F ($ Million)
Table 2. Nigeria Diesel Genset Market Volume, By kVA Rating, 2015-2025F (Thousand Units)
Table 3. Nigeria Cross-Sector Plans Under Economy Recovery Growth Plan
Table 4. Priority Industries in the Manufacturing Sector in Accordance with Nigeria Vision 20:2020

Singapore Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape. 

Thailand Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape. 

Vietnam Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape. 

Cambodia Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Indonesia Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Malaysia Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Myanmar Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Philippines Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

US Diesel Genset Market (2019-2025): By kVA Ratings (5.1- 75 kVA, 75.1- 375 kVA, 375.1- 750 kVA, 750.1- 1000 kVA & Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Public Infrastructure) and Competitive Landscape.

Canada Diesel Genset Market (2019-2025): By kVA Ratings (5.1- 75 kVA, 75.1- 375 kVA, 375.1- 750 kVA, 750.1- 1000 kVA & Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Public Infrastructure) and Competitive Landscape.

North America Diesel Genset Market (2019-2025): By kVA Ratings (5.1- 75 kVA, 75.1- 375 kVA, 375.1- 750 kVA, 750.1- 1000 kVA & Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Public Infrastructure), By Countries (USA, Canada) and Competitive Landscape.

Mexico Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA & Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Argentina Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA & Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Brazil Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA & Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Latin America Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA & Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Countries (Brazil, Mexico, Argentina & Rest of Latin America) and Competitive Landscape.

Algeria Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Egypt Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Ghana Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

Kenya Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

South Africa Diesel Genset Market (2019-2025): By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.

 
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