Search results for: 'pace timing'

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...

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...

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 ...