According to 6Wresearch, Nigeria Electric Vehicle Charging Infrastructure Market size is anticipated to register growth during 2020-2026. Although Nigeria is lagging in the race for electric vehicles, the Nigerian government has introduced various support measures in the form of incentives and subsidies for promoting electric vehicle adoption in the country. Several private organizations and the government have tied hands together to transform the vehicle commutation style into electric mobility, which would drive the electric vehicle charging infrastructure market growth in Nigeria during the forecast period. Furthermore, increased spending from the government and enhanced FDI in place are the other factors, which would positively impact the market demand. However, the COVID-19 pandemic has severely disrupted the global economy hence, sluggish growth is anticipated in the Nigerian electric vehicle charging infrastructure market in the year 2020.
By applications, the commercial segment is anticipated to dominate the overall Nigeria electric vehicle charging infrastructure market during the forecast period owing to the favorable government policies related to electric vehicles and their charging infrastructure along with increasing commercial vehicle sales, and rising efficiency.
Key Highlights of the Report
Nigeria Electric Vehicle Charging Infrastructure Market Overview
Porter’s Five Force Analysis
Market Opportunity Assessment
Nigeria Electric Vehicle Charging Infrastructure Market Trends
Nigeria Electric Vehicle Charging Infrastructure Market Overview on Competitive Benchmarking
Nigeria Electric Vehicle Charging Infrastructure Market Share, By Companies
Company Profiles
Nigeria Electric Vehicle Charging Infrastructure Market Outlook
Nigeria Electric Vehicle Charging Infrastructure Market Forecast
Market Drivers and Restraints
Market Trends and Industry Life Cycle
Key Strategic Recommendations
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