Summary 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?
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 MarketLine research
10.4. About MarketLine
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