Strategic Outlook of Select North African Light, Medium, and Heavy Commercial Vehicle (CV) Market

Due to increasing demand from all sectors of business, the commercial vehicle market is likely to exhibit robust growth in North Africa. The heavy-duty (HD) truck segment will drive demand due to future emission restrictions coupled with infrastructure growth. Coming up of transport corridors will result in huge freight movement crossing the countries. Growth in population and in urbanisation will result in the mushrooming of fast-moving consumer good (FMCG) retail points coupled with hub and spoke models of transportation as the final barrier in connectivity. The analysis presented here uses a bottom-up approach to arrive at total market estimates.