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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
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...
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17 Oct 2025  |  Africa  |  Market Research
Commercial Vehicle Market, Nigeria, 2024–2035
Government Policies and Economic Diversification Are Driving Transformational Growth
Nigeria, one of Africa’s largest economies, is diversifying to reduce its dependence on oil revenues and strengthen key non-oil industries. As the continent’s most populous nation, the country presents a rising demand for commercial vehicles, fueled by urban expansion, infrastructure projects, and growing trade activities. The automotive market is ...
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04 Dec 2018  |  Africa  |  Market Research
South African Electric Vehicles Market, Forecast to 2022
The Key to a Sustainable Source of Fuel for Transport
The South African electric vehicle (EV) market is still in its infancy, but is expected to grow at a slow but steady pace over the next five years. South Africa’s automotive sector is currently ranked 23rd in terms of manufacturing and is a key player in the international automotive value chain. The EV market is currently restrained due to a variet...
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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
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...
$4,950.00