Nigeria Manlift Market (2020-2026) | Trends, Outlook, COVID-19 IMPACT, Analysis, Size, Value, Share, Industry, Forecast, Companies, Growth & Revenue

Market Forecast By Applications/End Users (Construction, Agriculture, Industry, Mines and Quarrie, Others) and competitive landscape

Product Code: ETC002664	Publication Date: May 2020	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

Nigeria Manlift Market is expected to grow at a steady pace over the forecast period owing to the immense potential for growth in the construction sector underpinned by the government’s ambitious National Development Plan 2035. Nigeria is one of the biggest economies in the African subcontinent and is expected to gather a huge amount of foreign direct ventures that would spur the development of manlift market in the coming years.

According to 6Wresearch, Nigeria Manlift Market size is anticipated to register growth during 2020-2026F. Renting companies in Nigeria are increasingly demanding man lift to lease out to contractors who cannot afford to purchase the expensive equipment. Construction projects such as the Kashimbila Dam and Hydropower Project and the on-going construction of Centenary City in Abuja set to complete by 2024 would further escalate the demand for manlift market over the coming years. However, the rapid spread of COVID-19 pandemic would lead to economic slowdown resulting in halting of many construction activities thereby impacting the aforesaid market during 2020. The market will recover post-2020 and is expected to grow during the forecast period.

By Applications, the construction segment leads the overall Nigeria manlift market primarily due to increasing initiatives towards construction in residential & commercial sector and infrastructural development projects in the country.

The Nigeria Manlift market report thoroughly covers the market by applications and regions. The Nigeria Manlift market outlook report provides an unbiased and detailed analysis of the on-going Nigeria Manlift market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

Key Highlights of the Report:

Nigeria Manlift Market Overview
Nigeria Manlift Market Outlook
Nigeria Manlift Market Forecast
Historical Data of Nigeria Manlift Market Revenues and for the Period 2016-2019
Nigeria Manlift Market Size and Nigeria Manlift Market Forecast of Revenues, Until 2026
Historical Data of Nigeria Manlift Market Revenues, By Applications, for the Period 2016-2019
Market Size & Forecast of Nigeria Manlift Market Revenues, By Applications, Until 2026
Historical Data of Nigeria Manlift Market Revenues, By Regions, for the Period 2016-2019
Market Size & Forecast of Nigeria Manlift Market Revenues, By Region, Until 2026
Market Drivers and Restraints
Nigeria Manlift Market Trends
Nigeria Manlift Market Trends and Industry Life Cycle
Porter’s Five Force Analysis
Market Opportunity Assessment
Nigeria Manlift Market Share, By Players
Nigeria Manlift Market Share, By Regions
Nigeria Manlift Market Overview on Competitive Benchmarking
Company Profiles
Key Strategic Recommendations