Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Gas Genset Market Scope
1.3.1.1 Market segmentation by power rating
1.3.1.2 Market segmentation by application
1.3.2 Analysis Period
1.3.3 Market Data Reporting Unit
1.3.3.1 Value
1.3.3.2 Volume
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By industry participant
2.2.1.2 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study
Chapter 3. Executive Summary
3.1 Nigeria Gas Genset Market Summary
3.1.1 By Volume
3.1.2 By Value
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Power Rating
4.1.1.1 15 kVA–75 kVA
4.1.1.2 76 kVA–375 kVA
4.1.1.3 376 kVA–750 kVA
4.1.1.4 751–999 kVA
4.1.1.5 1000 and above
4.1.2 By Application
4.1.2.1 Commercial
4.1.2.1.1 Retail establishments
4.1.2.1.2 Commercial offices
4.1.2.1.3 Telecom towers
4.1.2.1.4 Hospitals
4.1.2.1.5 Hotels
4.1.2.1.6 Others
4.1.2.2 Industrial
4.1.2.2.1 Manufacturing
4.1.2.2.2 Energy and power
4.1.2.2.3 Others
4.1.2.3 Residential
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Rising carbon emission
4.3.2 Drivers
4.3.2.1 Booming industrial and commercial development amidst long-standing energy crisis
4.3.3 Restraints
4.3.3.1 Lack of gas grid connectivity via pipeline
4.3.4 Opportunities
4.3.4.1 Sustainable energy goals
4.4 Impact of COVID-19
4.5 Regulatory Framework Analysis
4.5.1 Regulation on the Import of Gensets
4.5.2 Regulation on Gas Gensets
4.6 Overview of the Power Sector in Nigeria
4.6.1 Generation
4.6.2 Prime Energy
4.6.3 Transmission
4.6.4 Distribution
4.6.5 Key Players in Nigerian Power Sector
4.6.6 Policies and Laws Concerning Power Sector in Nigeria
4.7 Import–Export Analysis
4.8 Porter’s Five Forces Analysis
4.8.1 Bargaining Power of Buyers
4.8.2 Bargaining Power of Suppliers
4.8.3 Intensity of Rivalry
4.8.4 Threat of New Entrants
4.8.5 Threat of Substitutes
Chapter 5. Nigeria Gas Market Size and Forecast
5.1 By Power Rating
5.2 By Application
5.2.1 Commercial Application, By User
5.2.2 Industrial Application, By User
Chapter 6. Competitive Landscape
6.1 Top Engine Brand Share Analysis (2023)
6.1.1 By Volume – Gas Engine
6.2 Genset Market Share Analysis of Top OEMs (2023)
6.2.1 By Volume – Gas Genset
6.3 Competitive Benchmarking of Key Players
6.4 Product Offerings of Market Players
6.4.1 Gas Genset
Chapter 7. Company Profiles
7.1 YorPower Ltd.
7.1.1 Business Overview
7.1.2 Product and Service Offerings
7.2 Honda Manufacturing (Nigeria) Limited
7.2.1 Business Overview
7.2.2 Product and Service Offerings
7.3 Jubaili Bros
7.3.1 Business Overview
7.3.2 Product and Service Offerings
7.4 Cummins Inc.
7.4.1 Business Overview
7.4.2 Product and Service Offerings
7.4.3 Key Financial Summary
7.5 Caterpillar Inc.
7.5.1 Business Overview
7.5.2 Product and Service Offerings
7.5.3 Key Financial Summary
7.6 General Electric Company
7.6.1 Business Overview
7.6.2 Product and Service Offerings
7.6.3 Key Financial Summary
7.7 Siemens AG
7.7.1 Business Overview
7.7.2 Product and Service Offerings
7.7.3 Key Financial Summary
7.8 John Holt Plc
7.8.1 Business Overview
7.8.2 Product and Service Offerings
7.8.3 Key Financial Summary
7.9 Atlas Copco AB
7.9.1 Business Overview
7.9.2 Product and Service Offerings
7.9.3 Key Financial Summary
7.10 Mitsubishi Heavy Industries Ltd.
7.10.1 Business Overview
7.10.2 Product and Service Offerings
7.10.3 Key Financial Summary
7.11 Mikano International Limited
7.11.1 Business Overview
7.11.2 Product and Service Offerings
7.12 JMG Limited
7.12.1 Business Overview
7.12.2 Product and Service Offerings
Chapter 8. Appendix
8.1 Abbreviations
8.2 Sources and References
8.3 Related Reports
List of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 DRIVERS FOR THE NIGERIA GAS GENSET MARKET: IMPACT ANALYSIS
TABLE 3 RESTRAINTS FOR THE NIGERIA GAS GENSET MARKET: IMPACT ANALYSIS
TABLE 4 POWER GENERATING STATIONS PRIOR TO REFORMS
TABLE 5 IPPS CONNECTED TO NATIONAL GRID
TABLE 6 POWER PLANT IN NIPP
TABLE 7 DISTRIBUTION COMPANIES OF NIGERIA
TABLE 8 NIGERIA ELECTRICITY AND POWER IMPORT/EXPORT OVERVIEW, $M
TABLE 9 NIGERIA GAS GENSET MARKET, BY POWER RATING, UNITS (2019–2024)
TABLE 10 NIGERIA GAS GENSET MARKET, BY POWER RATING, UNITS (2022–2030)
TABLE 11 NIGERIA GAS GENSET MARKET, BY POWER RATING, $M (2019–2024)
TABLE 12 NIGERIA GAS GENSET MARKET, BY POWER RATING, $M (2022–2030)
TABLE 13 NIGERIA GAS GENSET MARKET, BY APPLICATION, UNITS (2019–2024)
TABLE 14 NIGERIA GAS GENSET MARKET, BY APPLICATION, UNITS (2022–2030)
TABLE 15 NIGERIA GAS GENSET MARKET, BY APPLICATION, $M (2019–2024)
TABLE 16 NIGERIA GAS GENSET MARKET, BY APPLICATION, $M (2022–2030)
TABLE 17 NIGERIA GAS GENSET MARKET FOR COMMERCIAL APPLICATION, BY USER, UNITS (2019–2024)
TABLE 18 NIGERIA GAS GENSET MARKET FOR COMMERCIAL APPLICATION, BY USER, UNITS (2022–2030)
TABLE 19 NIGERIA GAS GENSET MARKET FOR COMMERCIAL APPLICATION, BY USER, $M (2019–2024)
TABLE 20 NIGERIA GAS GENSET MARKET FOR COMMERCIAL APPLICATION, BY USER, $M (2022–2030)
TABLE 21 NIGERIA GAS GENSET MARKET FOR INDUSTRIAL APPLICATION, BY USER, UNITS (2019–2024)
TABLE 22 NIGERIA GAS GENSET MARKET FOR INDUSTRIAL APPLICATION, BY USER, UNITS (2022–2030)
TABLE 23 NIGERIA GAS GENSET MARKET FOR INDUSTRIAL APPLICATION, BY USER, $M (2019–2024)
TABLE 24 NIGERIA GAS GENSET MARKET FOR INDUSTRIAL APPLICATION, BY USER, $M (2022–2030)
TABLE 25 TOP GAS ENGINE BRAND SHARE ANALYSIS, BY VOLUME (2023)
TABLE 26 GAS GENSET MARKET SHARE ANALYSIS OF TOP OEMS, BY VOLUME (2023)
TABLE 27 COMPETITIVE BENCHMARKING OF KEY PLAYERS
TABLE 28 GAS GENSETS OFFERED BY MAJOR MARKET PLAYERS
TABLE 29 YORPOWER LTD. – AT A GLANCE
TABLE 30 HONDA MANUFACTURING (NIGERIA) LIMITED – AT A GLANCE
TABLE 31 JUBAILI BROS – AT A GLANCE
TABLE 32 CUMMINS INC. – AT A GLANCE
TABLE 33 CUMMINS INC. – KEY FINANCIAL SUMMARY
TABLE 34 CATERPILLAR INC. – AT A GLANCE
TABLE 35 CATERPILLAR INC. – KEY FINANCIAL SUMMARY
TABLE 36 GENERAL ELECTRIC COMPANY – AT A GLANCE
TABLE 37 GENERAL ELECTRIC COMPANY – KEY FINANCIAL SUMMARY
TABLE 38 SIEMENS AG – AT A GLANCE
TABLE 39 SIEMENS AG – KEY FINANCIAL SUMMARY
TABLE 40 JOHN HOLT PLC – AT A GLANCE
TABLE 41 JOHN HOLT PLC – KEY FINANCIAL SUMMARY
TABLE 42 ATLAS COPCO AB – AT A GLANCE
TABLE 43 ATLAS COPCO AB – KEY FINANCIAL SUMMARY
TABLE 44 MITSUBISHI HEAVY INDUSTRIES LTD. – AT A GLANCE
TABLE 45 MITSUBISHI HEAVY INDUSTRIES LTD. – KEY FINANCIAL SUMMARY
TABLE 46 MIKANO INTERNATIONAL LIMITED – AT A GLANCE
TABLE 47 JMG LIMITED – AT A GLANCE
List of Figures
FIG 1 RESEARCH SCOPE
FIG 2 RESEARCH METHODOLOGY
FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
FIG 5 DATA TRIANGULATION APPROACH
FIG 6 NIGERIA GAS GENSET MARKET SUMMARY (BY VOLUME)
FIG 7 NIGERIA GAS GENSET MARKET SUMMARY (BY VALUE)
FIG 8 STRUCTURE OF POWER SECTOR IN NIGERIA
FIG 9 PORTER’S FIVE FORCE ANALYSIS
FIG 10 BARGAINING POWER OF BUYERS
FIG 11 BARGAINING POWER OF SUPPLIERS
FIG 12 INTENSITY OF RIVALRY
FIG 13 THREAT OF NEW ENTRANTS
FIG 14 THREAT OF SUBSTITUTES
FIG 15 NIGERIA GAS GENSET MARKET SNAPSHOT
FIG 16 NIGERIA GAS GENSET MARKET, BY POWER RATING, UNITS (2019–2030)
FIG 17 NIGERIA GAS GENSET MARKET, BY APPLICATION, UNITS (2019–2030)
FIG 18 CUMMINS INC. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
FIG 19 CATERPILLAR INC. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
FIG 20 GENERAL ELECTRIC COMPANY – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
FIG 21 SIEMENS AG – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
FIG 22 ATLAS COPCO AB – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
FIG 23 MITSUBISHI HEAVY INDUSTRIES LTD. – REVENUE SPLIT BY SEGMENT (2023)
