Executive Analysis of Nigerian Passenger Vehicle Market
Executive Analysis of Nigerian Passenger Vehicle Market
Van/Pickup Segment will have the Highest Growth Rate in the Forecast Period
RELEASE DATE
22-Sep-2015
22-Sep-2015
REGION
Africa
Africa
Research Code: MAEE-01-00-00-00
SKU: AU01077-AF-MR_17185
$4,950.00
In stock
SKU
AU01077-AF-MR_17185
Description
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 Nigerians. The market is currently dominated by Japanese and South Korean original equipment manufacturers (OEMs). The new automotive policy is aimed at encouraging local production of vehicles and creation of jobs in the country which will help Nigeria become an automotive hub in West Africa.
RESEARCH: INFOGRAPHIC
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Table of Contents
Key Findings
Research Scope and Timeline
Business Environment
Industry Overview
Vehicle Models Assembled/Produced
Drivers and Restraints
National Automotive Policy
Powertrain Mix
Annual Sales
Annual Sales by Segment
Passenger Vehicles Parc Market Share
Leading Vehicle Brands
South African Passenger Vehicle Market Outlook
Key Conclusions
Top 3 Predictions
Legal Disclaimer
Table of Acronyms Used
Popular Topics
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 Nigerians. The market is currently dominated by Japanese and South Korean original equipment manufacturers (OEMs). The new automotive policy is aimed at encouraging local production of vehicles and creation of jobs in the country which will help Nigeria become an automotive hub in West Africa.
No Index | No |
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Podcast | No |
Author | Kumar Shobit |
WIP Number | MAEE-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9694,9800-A6,9AF6-A6 |