Search results for: 'more electronics'

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...

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...

Africa's economic growth continues to extend across the continent. To many, Africa represents some of the final frontiers for industrial development. Large-scale infrastructure developments, especially in airports and roads, are having a positive effect on improving commercial linkages in Africa. There is, however, still significant space for inn...

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...

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...

04 Dec 2018  |  Africa  |  Market Research

South African Electric Vehicles Market, Forecast to 2022

The Key to a Sustainable Source of Fuel for Transport

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Key Issues Addressed

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...