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Due to economic and political uncertainties, African economies such as South Africa and Nigeria are expected to witness slow growth in 2017. On the contrary, improving economic conditions in Kenya and Morocco will support moderate growth. Despite differences in terms of economic growth prospects, high priority is placed on the development of transp...

27 Nov 2017  |  Africa  |  Market Research

South African Logistics Market, Forecast to 2020

Country to Emerge as a Regional Hotspot Owing to Its Comparatively High Logistics Performance and the Long-term Economic Growth Potential

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Global financial crisis, weak domestic demand, and other related factors have affected South Africa’s GDP growth during past 3 years, continuing onto 2016. The GDP of South Africa accounted for 0.42% of world GDP in 2016. The economy is expected to grow at a rate slower than the population growth rate in 2017 and 2018, implying a lower standard of ...

Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/services and would like to outsource all other support activities. Mobil...

The South African leasing market is constantly evolving as leasing companies and OEMs continue to develop products to meet the ever-changing needs of their customers. Significant growth within the operational leasing market in South Africa is expected as consumers become increasingly aware of the benefits of leasing. The market will be marked by in...

08 Apr 2016  |  Africa  |  Market Research

Construction and Mining Equipment Industry in Key African Countries, Forecast to 2022

Backhoe Loaders, Hydraulic Excavators, and Wheel Loaders Set to Win Big

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Africa has become an attractive destination for global construction and mining equipment manufacturers and holds tremendous growth potential. The unit shipment of construction and mining equipment has increased sixfold from 2003 to 2015. Rapid urbanisation and increased investment in infrastructure will accelerate demand for construction and mining...

The aim of this study is to research, analyze, and forecast the commercial vehicle telematics market in South Africa. The major focus is on market trends in services, solutions, and technologies for specific segments such as light commercial vehicles, medium commercial vehicles, and heavy and extra heavy commercial vehicles. The study highlights th...

05 May 2017  |  Africa  |  Market Research

African Commercial Vehicles Market, Forecast to 2025

Despite Slowdown, the Market is Expected to Grow at a Robust CAGR of 6.1% until 2025, Driven by Increasing Infrastructure Developments

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The African commercial vehicles (CV) market, despite the slowdown due to low oil and commodity prices, is expected to grow at a compound annual growth rate (CAGR) of 6.1%, largely driven by increasing infrastructural developments and rising urbanisation. South Africa is the largest contributor to the CV market in Africa, with 53% share. However, un...