Market Forecast By Voltage Rating (< 27 KV And 27 KV & Above), By Insulation Type (Gas, Vacuum And Others), By Applications (Power Distribution And Industrial), By End Users (Distribution Utilities And Others Including Railway And Industrial), And Competitive Landscape
Product Code: ETC004633 | Publication Date: Jun 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 14 | No. of Tables: 8 |
Nigeria Recloser market report comprehensively covers the market by voltage types, insulation types, applications, end-users, and countries. The Nigeria recloser market outlook report provides an unbiased and detailed analysis of the Nigeria recloser 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 Recloser Market Synopsis
Nigeria recloser market is anticipated to project substantial growth on account of expansion of the power sector. Additionally, construction of large-scale commercial projects, strengthening of non-oil sectors, as well as infrastructure development activities will further boost growth of the market over the coming years. However, the market witnessed slow growth during the outbreak of Covid-19 pandemic.
According to 6Wresearch, Nigeria Recloser market size grew at a CAGR of 5.5% during 2018-24. The Rural Electrification Goal of the Federal Government of Nigeria is to increase the access of electricity by 75% by 2020 and 90% by 2030 and to increase the share of renewable energy in the energy mix to 10% by 2025. In broad terms, Nigeria plans to generate about 10,000 MW from renewable sources by 2020.
Market Analysis By Applications
The distribution utilities application acquired the highest revenue share in the overall Nigeria Recloser market. Additionally, the power sector of Nigeria is expected to receive a huge boost in the coming years and this would ultimately drive the market for reclosers during the forecast period.
Key Attractiveness of the Report
Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
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 Recloser Market Overview |
3.1. Nigeria Recloser Market Revenues, 2014-2024F |
3.2. Nigeria Recloser Market Revenue Share, 2017 & 2024 |
3.3. Nigeria Recloser Market - Industry Life Cycle, 2017 |
3.4. Nigeria Recloser Market - Porter's Five Forces, 2017 |
4. Nigeria Recloser Market Dynamics |
4.1. Market Dynamics & Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Nigeria Recloser Market Trends |
6. Nigeria Country Indicators |
6.1 Nigeria Recloser Market Overview |
6.2 Nigeria Recloser Market Revenues, 2014-2024 |
6.3 Nigeria Recloser Market Revenue Share, By Insulation, 2017 & 2024F |
6.4 Nigeria Recloser Market Revenue Share, By Voltage Rating, 2017 & 2024F |
6.5 Nigeria Recloser Market Revenue Share, By Applications, 2017 & 2024F |
6.6 Nigeria Recloser Market Revenues, By Insulation, 2014-2024 |
6.7 Nigeria Recloser Market Revenues, By Voltage, 2014-2024 |
6.8 Nigeria Recloser Market Revenues, By Applications, 2014-2024 |
7. Nigeria Recloser Market Key Performance Indicator |
7.1 Nigeria Construction Sector Outlook |
7.2 Nigeria Power Sector Overview |
8. Nigeria Recloser Market Opportunity Assessment |
8.1 Nigeria Recloser Market Opportunity Assessment, 2024 |
9. Competitive Landscape |
9.1 Nigeria Recloser Market Revenue Share, By Company, 2017 |
10. Company Profiles |
10.1. Schneider Electric SE |
10.2. ABB Ltd. |
10.3. Hubbell Incorporated |
10.4. Efacec Power Solutions, SA. |
10.5. Tavrida Electric AG |
10.6. Ghorit Electrical Co., Ltd |
10.7. Siemens AG |
10.8. NOJA Power Switchgear Pty Ltd |
10.9. G&W Electric Co. |
11. Strategic Recommendations |
12. Disclaimer |
List of Figures |
1. Nigeria Recloser Market Revenue Share, By Insulation, 2017 & 2024F |
2. Nigeria Recloser Market Revenue Share, By Voltage Rating, 2017 & 2024F |
3. Nigeria Recloser Market Revenue Share, By Applications, 2017 & 2024F |
4. Nigeria Gas Insulated Load Break Switch Market Revenues, 2014-2024F ($ Million) |
5. Nigeria Vacuum Insulated Load Break Switch Market Revenues, 2014-2024F ($ Million) |
6. Nigeria Below 27kV Load Break Switch Market Revenues, 2014-2024F ($ Million) |
7. Nigeria Above 27 kV Load Break Switch Market Revenues, 2014-2024F ($ Million) |
8. Nigeria Recloser Market Revenues, By Power Distribution Applications, 2014-2024F ($ Million) |
9. Nigeria Recloser Market Revenues, By Industrial Applications, 2014-2024F ($ Million) |
List of Tables |
1. Nigeria Upcoming Renewable Energy Sector Projects |
2. Nigeria Planned Transmission Interconnection Projects (380 KV) |
3. Nigeria Upcoming Oil & Gas Projects |
4. Upcoming Construction Projects |