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Africa is the world’s last growth frontier. With the lowest motorisation rate in the world, there is considerable potential for growth in the automotive industry. Most of the cars on Africa's roads are imported. While governments have taken steps to regulate the import of used cars, the practice continues to persist. New and locally produced vehic...

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...

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...

18 Dec 2020  |  Africa  |  Market Research

Innovative Business Models Transforming the Egyptian Two-Wheeler Market, 2024

Growth in the Market to be Driven by Last-mile Logistics Services and New Women Riders

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Egypt is one of the fastest-growing and most resilient markets in the African continent. In 2019, it was the 45th largest economy and experienced significant economic advancement owing to a considerable reduction in unemployment and inflation. The country's GDP also increased by 5.6% to $302.3 billion between 2018 and 2019 with the industrial secto...

This market insight provides an overview of the automotive industry in the three major markets of North Africa: Algeria, Morocco, and Egypt. It also examines the larger political, economic, social, technological, legislative, and environmental landscapes of each country, focusing on opportunities for original equipment manufacturers in the fast-gro...

This market insight provides a consolidated overview of the economic climate and the automotive and vehicle financing markets of Nigeria and Kenya. The study looks into trends driving sales and leasing and the associated behaviour of buyers, while discussing macroeconomic challenges related to the wider economy and banking sector. It examines new c...

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...

Globally, developed automotive markets are showing slow vehicle sales growth. Meanwhile, the African automotive market is less mature, with untapped opportunities. This Heat Map analysis covers the fastest-growing new vehicle markets on the African continent. It looks at market maturation, sales growth, which models and brands of vehicles are selli...

This report covers the Algerian automotive filters aftermarket of the passenger and commercial vehicle segments in terms of volume and value. It provides a qualitative and quantitative analysis of the market including market trends and market metrics. An increase in the number of vehicles in operation (VIO) and improved awareness about maintenance ...