1 / 11

Africa Two Wheelers Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

One of the major factors driving the growth of two wheelers market in African countries is the inadequate public transportation infrastructure and as a result two wheelers are becoming a key trend for transportation in urban as well as rural settlements.

SteveBlade
Download Presentation

Africa Two Wheelers Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Vision Value Visibility Report Code :AM 1034 Africa Two Wheeler Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 2016-2024 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  2. Executive Summary Sample Request Fig: 1-2 Africa Two Wheeler Market Share(%), By Region-2016-2024 Fig: 1-1 Africa Two Wheeler Market Size USD (Billion). 2016-2024 XX% CAGR: (2016-2024) Source: Goldstein Research Source: Goldstein Research In 2016,Motorcycles accounted for the highest market share XX% in Africa Two Wheeler Market WithXX%share in 2016, Nigeria region dominated the collective Africa Two Wheeler market Fig: 1-4 Africa Two Wheeler Market Share(%), By Fuel Type -2016 Fig: 1-3 Africa Two Wheeler Market Share(%), By Type-2016 Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  3. Sample Request Key Findings Inadequate public transportation infrastructure • The Africa Two Wheeler market accounted for USD XX billion in 2016 and tends to reach the valuation of USD XX billion by 2024 at a CAGR of XX% over the forecast years owing a rapidly growing urban population (over 5 percent in the three cities) and urban sprawl • Inadequate and deteriorating roadway infrastructure in a fast sprawling urban environment (in Douala, for example, the road network has remained unchanged for the past twenty years despite the doubling of population and area so that its road density has declined; 0.5 percent of peripheral settlements have direct access to a paved road) • The decline in the organized public transport systems has led to a growth in largely unregulated, informally provided nonconventional public transport, the most dominant being the motorcycles, which is a common form of public transport system on most secondary roads in Kampala, Lagos, and Douala • whilst market growth will drive volumes in Nigeria and East & Central Africa, market share gains will be the key catalyst for growth in the Latin American countries of Argentina and Chile. West Africa, despite its relatively smaller size, presents an opportunity as it is a region with both low market share and low penetration • The African market is the fastest growing motorcycle market in the world growing at a XX% CAGR in the past five years. With an overall population of XX billion, very young and growing also at the fastest pace in the world, and with GDP per capita now approaching USD XX per capita; a stage at which two-wheeler volumes start taking off; Africa represents one of the most exciting opportunities for two-wheeler manufacturers • African two wheeler market is divided into five regions: (i) Nigeria – largest two-wheeler importer globally (XX million units) (ii) Western Africa – taxi market like Nigeria but dominated by Chinese (XX million units) (iii) Eastern and Central Africa – region with the highest scope for growth (XX million units) (iv) Northern and (v) Southern Africa currently do not offer much. Bajaj Auto’s two wheeler exports to Africa can grow from ~XX million units to XX million in the next five years Advent of motorcycle taxis Rising demand for public transit Increasing influx of cheap imports from Indian manufacturers Africa Two Wheeler Market (USD Billion) Nigeria South Africa XX Billion 2016 XX Billion Easy financing XX Billion 2024 XX Billion Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  4. Major Players Presence-Regional Analysis Sample Request Source: Goldstein Research Low Penetration High Penetration Medium Penetration Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  5. Africa Two Wheeler Market Size (USD Billion) & Growth Analysis Sample Request Fig:- 4-1 Africa Two Wheeler Market Size (USD Billion)-2016-2024 Fig:- 4-2 Africa Two Wheeler Market Y-O-Y Growth (%) Analysis-2016-2024 Source: Goldstein Research Source: Goldstein Research • Africa Two Wheeler Industrytends to increase at a CAGR of XX% and reach the market value of USD XX billion by 2024. In 2016, Africa Two Wheeler market valued USD XX billion owing to absence of reliable public transportation system and high cost of passenger cars • South Africa, Nigeria and Tanzania are the largest two-wheeler markets in Africa, followed by Kenya, Algeria, Uganda, Egypt, Morocco, Angola and Ethiopia. According to the World Bank, the population of Africa is forecast to reach XX billion by 2024. As the population of the continent continues to grow at an alarming rate, governments and other stakeholders are coming under pressure to develop and strengthen transport networks. Public transportation system in African countries is still inadequate and poorly developed, and consequently, two-wheelers are becoming a key medium for transportation in urban as well as rural settlements Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  6. Market Dynamics Sample Request Growth Drivers Growth Barriers General Trend Highly Complex Moderately Complex Waived Advancement Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  7. Impacting Factors of Africa Two Wheeler Sample Request • Drivers of Africa Two Wheeler • Ducati, Kawasaki and KTM are among motorbike makers looking to build new growth in this market of 600 million people as orders for larger bikes in industrialized countries slow • Africa’s vibrant startup scene is gaining momentum, with talk of big investment numbers and entrepreneurs creating deft business solutions spanning the full technological spectrum to meet Africa’s unique challenges • Growing per capita income, increasing employment opportunities, developing infrastructure and vast reserves of natural resources are driving the country’s economic growth. According to the Association of Motorcycle Importers and Distributors, the country registers huge demand for premium motorcycle with an engine capacity of more than 500cc, and the same trend is expected to continue over the next five years as well. As these high-end motorcycles are comparatively costlier than other motorcycles with low engine capacities, the two-wheeler market of South Africa is expected to grow at a healthy pace in value terms over the next five years • Moreover, booming motorcycle taxis business in African countries is further augmenting demand for motorcycles in the continent. Backed by rapid urbanization, growing population and inadequate means of transportation, the segment is anticipated to maintain its dominance over the next five years as well Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  8. Sample Request About Us Connect With Us: Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  9. Vision Value Visibility Sample Request About Us Based in U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  10. Vision Value Visibility Sample Request Contact Us: For Research & Sales Related Queries +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 sales@goldsteinresearch.com Corporate Office: 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  www.goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  11. Sample Request Thank you Connect With Us: Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

More Related