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African Infrastructure Development is Driving Expansion and Boosting Investments in Commercial Vehicle Markets in West and East Africa
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Africa’s industrial prospects have evolved over the last twenty years, as the continent entered a period of sustained growth. That growth has spurred developments in transport infrastructure and improved industrial prospects. One of these sectors is the automotive assembly and manufacturing sector.This research service covers the commercial vehicle market in East and West Africa’s key economies such as Kenya, Ethiopia, Nigeria, and Ghana. The commercial vehicle market consists of light, medium, and heavy commercial vehicles. This study covers all of these segments with the exception of buses and off-highway vehicles. These markets are characterised by strong economic, infrastructure, and industrial growth. This research covers the period of 2016 to 2021. The study will answer the following key questions:• What is the current size of the commercial vehicle market in West and East Africa?• What factors are expected to drive market growth?• What factors will hinder market growth?• What is the expected market size for the period up to and including 2021?• To what extent will the impact of new and upgraded infrastructure have on the demand for commercial vehicles?
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