Search results for: 'vehicle ways market global 2025'

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’s industrial prospects have evolved over the last twenty years, as the continent entered a period of sustained growth. That growth has spurred developments in transport infrastructure and improved industrial prospects. One of these sectors is the automotive assembly and manufacturing sector. This research service covers the commercial vehic...

This market insight covers fuel and emissions standards globally with an emphasis on the adoption in African countries. The study provides an overview of emissions standards as they have developed in developed markets and the requirements of these directives. The research looks to determine if policy directives are adhered to on the ground, i.e., w...

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 ...

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...

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...

22 Sep 2015  |  Africa  |  Market Research

Executive Analysis of Nigerian Passenger Vehicle Market

Van/Pickup Segment will have the Highest Growth Rate in the Forecast Period

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The passenger vehicle market in Nigeria has experienced significant growth in the recent years. The market is dominated by sedans and vans/pickups such as Toyota Camry and Honda Accord. Luxury cars constitute a small portion of the new vehicle sales but the segment will grow the fastest in the coming years due to increasing disposable income of Nig...

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...

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...