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Nigeria Power Generation Market to 2027

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    Report

  • 35 Pages
  • December 2023
  • Region: Nigeria
  • MarketLine
  • ID: 5928033
Power Generation in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The power generation industry volume is defined as the total electrical energy (TWh) generated within a country over the course of each calendar year.
  • The Nigerian power generation industry had total revenues of $7.9 billion in 2022, representing a compound annual growth rate (CAGR) of 12.6% between 2017 and 2022.
  • Industry production volume increased with a CAGR of 3.3% between 2017 and 2022, reaching a total of 42.8 TWh in 2022.
  • According to in-house research, in 2022, Nigeria accounted for 0.5% of the global power generation industry. Factors such as economic growth, rapid urbanization, and industrialization are boosting electricity consumption, which is driving industry growth. According to in-house research, in 2022, Nigeria witnessed a real GDP annual growth of 3.1%.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the power generation market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the power generation market in Nigeria
  • Leading company profiles reveal details of key power generation market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria power generation market with five year forecasts

Reasons to Buy

  • What was the size of the Nigeria power generation market by value in 2022?
  • What will be the size of the Nigeria power generation market in 2027?
  • What factors are affecting the strength of competition in the Nigeria power generation market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Nigeria's power generation market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the industry?
7.2. Are there any opportunities for leading players?
8 Company Profiles
8.1. Mainstream Energy Solutions Limited
8.2. Trans Afam Power Ltd
8.3. Transcorp Power Ltd
8.4. Sapele Power Plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Nigeria power generation industry value: $ billion, 2017-22
Table 2: Nigeria power generation industry volume: KWh, 2017-22
Table 3: Nigeria power generation industry category segmentation: % share, by volume, 2017-2022
Table 4: Nigeria power generation industry category segmentation: KWh, 2017-2022
Table 5: Nigeria power generation industry geography segmentation: $ billion, 2022
Table 6: Nigeria power generation industry value forecast: $ billion, 2022-27
Table 7: Nigeria power generation industry volume forecast: KWh, 2022-27
Table 8: Mainstream Energy Solutions Limited: key facts
Table 9: Trans Afam Power Ltd: key facts
Table 10: Transcorp Power Ltd: key facts
Table 11: Transcorp Power Ltd: Key Employees
Table 12: Sapele Power Plc: key facts
Table 13: Nigeria size of population (million), 2018-22
Table 14: Nigeria gdp (constant 2005 prices, $ billion), 2018-22
Table 15: Nigeria gdp (current prices, $ billion), 2018-22
Table 16: Nigeria inflation, 2018-22
Table 17: Nigeria consumer price index (absolute), 2018-22
Table 18: Nigeria exchange rate, 2018-22
List of Figures
Figure 1: Nigeria power generation industry value: $ billion, 2017-22
Figure 2: Nigeria power generation industry volume: KWh, 2017-22
Figure 3: Nigeria power generation industry category segmentation: KWh, 2017-2022
Figure 4: Nigeria power generation industry geography segmentation: % share, by value, 2022
Figure 5: Nigeria power generation industry value forecast: $ billion, 2022-27
Figure 6: Nigeria power generation industry volume forecast: KWh, 2022-27
Figure 7: Forces driving competition in the power generation industry in Nigeria, 2022
Figure 8: Drivers of buyer power in the power generation industry in Nigeria, 2022
Figure 9: Drivers of supplier power in the power generation industry in Nigeria, 2022
Figure 10: Factors influencing the likelihood of new entrants in the power generation industry in Nigeria, 2022
Figure 11: Factors influencing the threat of substitutes in the power generation industry in Nigeria, 2022
Figure 12: Drivers of degree of rivalry in the power generation industry in Nigeria, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Mainstream Energy Solutions Limited
  • Trans Afam Power Ltd
  • Transcorp Power Ltd
  • Sapele Power Plc