Nigeria Gas Genset Market Research Report: By Power Rating (15 kVA–75 kVA, 76 kVA–375 kVA, 376 kVA–750 kVA, 751 kVA–999 kVA, 1000 and Above), Application (Commercial, Industrial, Residential) - Industry Analysis and Growth Forecast to 2030

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)