Market Forecast By KVA Rating (By KVA Rating, 5-75 KVA, 75.1-375 KVA, 375.1-750 KVA, 750.1-1000 KVA And Above 1000 KVA), By Verticals (Residential, Telecom, Manufacturing, Oil & Gas And Power Utility, Commercial, Retail & Logistics And Others Including Educational Building And Healthcare), By Regions (Northern And Southern) And Competitive Landscape
According to 6Wresearch, Nigeria diesel Generator market size is projected to grow at a CAGR of 2.8% during 2018-24. Nigeria is one of the most densely populated countries in Africa with a population of over 190 million. The country relies heavily on diesel gen-sets to meet the power demand. Due to a lack of robust power infrastructure and existing power plants working at only one-third of their potential capacity, the demand for diesel gensets in the country as an auxiliary power resource is expected to stay afloat over the next six years.
Nigeria Diesel Generator market is expected to witness modest growth owing to the expansion of telecom infrastructure, the establishment of new industries, and poor grid infrastructure of the country. Growing investment in the non-oil sector of the country is anticipated to support the economic growth in the region over the coming years which would foster the demand for diesel generator during 2018-24.
For Latest Press Release : https://www.6wresearch.com/press-release/nigeria-diesel-genset-generator-market-share-forecasts-size-growth-opportunity-cagr-players-trends-insights-swot-analysis
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