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

RELEASE DATE
29-Apr-2016
REGION
Africa
Research Code: MADC-01-00-00-00
SKU: AU1299-AF-MR_18487

$3,000.00

Special Price $2,250.00 save 25 %

In stock
SKU
AU1299-AF-MR_18487

$3,000.00

$2,250.00 save 25 %

DownloadLink

Pay by invoice

ENQUIRE NOW

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

List of Figures
  • 1. Automotive Market: Vehicle Registrations, Kenya, 2011–2014
List of Charts
  • 1. Automotive Market: Breakdown of Vehicle Sales per Segment and Annual Total Growth, Kenya, 2010–2014
Related Research
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.
More Information
No Index No
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