Kenyan Automotive Market—Growth Prospects, 2016
Kenyan Automotive Market—Growth Prospects, 2016
As Personal and Commercial Vehicle Sales Rise, Race to Leverage Growth Will Be a Sprint, Not Marathon
29-Apr-2016
Africa
Description
The race for East Africa’s growth markets will be more of a sprint than a marathon. Driven by a growing middle class, improving transport infrastructure, a formalising business environment, and robust inter-regional trade and construction, Kenya's automotive sector is rapidly moving along the growth curve. In 2015, Kenya recorded its highest new vehicle sales to date, most of it from commercial vehicle sales. The rest of the market is predominantly second-hand vehicles imported from right-hand drive markets. This will change in the coming years as local assembly upturns and restrictions on second-hand imports become more commonplace. This study provides an overview of the current trends and opportunities in the Kenyan automotive sector.
Table of Contents
Breakdown of Vehicle Sales per Segment and Annual Total Growth, Kenya, 2010–2014
Vehicle Registrations, Kenya, 2011–2014
- 1. Automotive Market: Vehicle Registrations, Kenya, 2011–2014
- 1. Automotive Market: Breakdown of Vehicle Sales per Segment and Annual Total Growth, Kenya, 2010–2014
Popular Topics
No Index | No |
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Podcast | No |
Table of Contents | | Introduction~ | Outlook and Analysis for 2016~ || Breakdown of Vehicle Sales per Segment and Annual Total Growth, Kenya, 2010–2014~ || Vehicle Registrations, Kenya, 2011–2014~ | Conclusion~ | Legal Disclaimer~ | The Frost & Sullivan Story~ |
List of Charts and Figures | 1. Automotive Market: Vehicle Registrations, Kenya, 2011–2014~| 1. Automotive Market: Breakdown of Vehicle Sales per Segment and Annual Total Growth, Kenya, 2010–2014~ |
Author | Craig Parker |
Industries | Automotive |
WIP Number | MADC-01-00-00-00 |
Is Prebook | No |