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Africa Two Wheelers Market Report 2024 | Insights, Trends, Demand & Competitors Analysis (1)

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According to Goldstein Research, “Rising urbanization and decline in dependable public transport system has led to the rapid growth of non-conventional modes of public transport, initially provided by the shared vans and mini buses and more recently by motorcycles, which led to the rapid growth of Africa two wheelers market." Unlike cities in Asia, ownership of two-wheelers as a personalized vehicle is very small in sub-Saharan cities. However, over the past few years there has been significant growth in the usage and sales of motorcycles as a commercial public mode of transport. – PowerPoint PPT presentation

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Title: Africa Two Wheelers Market Report 2024 | Insights, Trends, Demand & Competitors Analysis (1)


1
Report Code AM1008
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors
Analysis
1-646-568-7747
1-437-886-1181
44-203-318-6627
91-120-473-0422, 91-844-785-9968
sales_at_goldsteinresearch.com
2
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors
Analysis
Africa Two Wheelers Market Outlook In 2016,
more than 3.5 million new two wheeler vehicles
were registered in 2016. South Africa, Egypt,
Algeria and Morocco are the largest two wheelers
market in Africa owing to the well establishes
and rapidly developing automotive industries
together accounted for more than 80 of new
two-wheelers sales in 2016. Witnessing
recent sale trends in Africa, it is expected that
Africa's two-wheeler market could reach up to 10
million units in next 15 years. South Africa,
Morocco, Egypt and Algeria have considerable
automotive and manufacturing sector. Despite
these relatively well established automotive
assembly and manufacturing hubs in Africa less
than 900,000 vehicles were produced in the region
accounting for just 0.9 of global production in
2016. Moreover, limited disposable income
and the high cost of new vehicles, motorcycles
and second hand passenger cars dominate the
Africa's automotive retail sector. This is the
primary factor that led the Africa to import four
times more automotive products than it exports,
with automotive parts imports of USD 48 billion
in 2015 and exports worth only USD 11 billion.
High cost of passenger cars and low disposable
incomes provided the bike manufacturer huge
growth opportunity by selling low cost and fuel
efficient two wheeler motorbikes in the region.
3
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors Analysis
  • Market Segmentation
  • Based on Components
  • By Vehicle Type
  • Motorcycles
  • Scooter
  • Mopeds
  • By Fuel Type
  • Gasoline
  • Electric
  • By Geography
  • Nigeria Market Share (), Market Size (USD
    Billion), Sales (Million Unit)
  • Egypt Market Share (), Market Size (USD
    Billion), Sales (Million Unit)
  • South Africa Market Share (), Market Size (USD
    Billion), Sales (Million Unit)
  • Algeria Market Share (), Market Size (USD
    Billion), Sales (Million Unit)
  • Morocco Market Share (), Market Size (USD
    Billion), Sales (Million Unit)
  • Ethiopia Market Share (), Market Size (USD
    Billion), Sales (Million Unit)
  • Angola Market Share (), Market Size (USD
    Billion), Sales (Million Unit)

4
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors Analysis
  • Based on Geography
  • North America (U.S. Canada) Market Size (USD
    Billion), Growth Analysis () and Adoption Rate
    ()
  • Latin America (Brazil, Mexico Rest of Latin
    America) Market Size (USD Billion), Growth
    Analysis () and Adoption Rate ()
  • Europe (The U.K., Germany, France, Italy, Spain,
    Poland, Sweden RoE) Market Size (USD Billion),
    Growth Analysis () and Adoption Rate ()
  • Asia-Pacific (China, India, Japan, Singapore,
    South Korea, Australia, New Zealand, Rest of
    Asia) Market Size (USD Billion), Growth Analysis
    () and Adoption Rate ()
  • Middle East Africa (GCC, South Africa, North
    Africa, RoMEA) Market Size (USD Billion), Growth
    Analysis () and Adoption Rate ()
  • Rest of World Market Size (USD Billion), Growth
    Analysis () and Adoption Rate ()

5
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors Analysis
Market Size and Forecast (2016-2024) The Africa
two wheelers market valued USD 4.6 billion in
2016, including electrically powered two wheelers
and also accounted for more than 3.6 million
units sold in 2016. Further, the market is
anticipated to expand at a CAGR of 9.1 to reach
USD 9.3 billion over the forecast period owing to
absence of reliable public transportation system
and high cost of passenger cars. In past few
years motorcycle taxi service have developed and
spread rapidly across the region of Ghana, Kenya,
Tanzania and Cameroun among others. Tanzania and
Nigeria are among the most beneficial markets in
Africa for two wheelers followed by the Kenya,
Algeria, Egypt and Tanzania. Tanzania accounted
for more than 1 million registered motorcycles
for boda boda taxi services which are likely to
increase significantly at 4 annual growth. 
6
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors Analysis
Africa Two-Wheelers Market Outlook contains
detailed overview of the Africa two wheelers
market in terms of market segmentation by vehicle
type and by fuel type. Further, for the in-depth
analysis, Africa Two Wheelers Market Research
Report encompasses the industry growth drivers,
market challenges, risk analysis, market
attractiveness, BPS (Base Point Scale) analysis,
Porters five force model and SWOT analysis.
Africa Two Wheelers Market Report also provides
competitive outlook of some of the major players
which includes profiling of companies such as
Ducati Motor Holding S.p.A., Hero Motocorp Ltd.,
TVS Motor Company, Bajaj Auto Limited, Suzuki
Motor Corporation, Harley-Davidson, Inc, BMW AG,
Honda, Kawasaki, etc. The company profiles
include business strategy, geographical revenue
distribution, major information of the companies
which encompasses business outlook, products,
services and industries catered, financial
analysis of the company and recent developments.
Overall, the report represents comprehensive
synopsis on the Africa two wheelers market trends
that will help industry consultants, equipment
manufacturers, existing players searching for
expansion opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the future. Send
Us Sample Request_at_ https//www.goldsteinresearch.c
om/request-sample/africa-two-wheelers-market-outlo
ok-2024-regional-opportunity-assessment-and-demand
-analysis-market-forecast-2016-2024
7
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors Analysis
  • Scope Background
  •  Market Synopsis
  •  
  • Market Segmentation
  •  
  • Africa two wheelers market is segmented as
    follows
  • By Vehicle Type (Market Size, Demand Analysis and
    Growth Analysis)
  • By Fuel Type (Market Size, Demand Analysis and
    Growth Analysis))
  •  
  • By Country
  • Nigeria Market Size, Growth Analysis,
    Opportunity Analysis
  • Egypt Market Size, Growth Analysis, Opportunity
    Analysis
  • South Africa Market Size, Growth Analysis,
    Opportunity Analysis
  • Algeria Market Size, Growth Analysis,
    Opportunity Analysis
  • Morocco Market Size, Growth Analysis,
    Opportunity Analysis
  • Ethiopia Market Size, Growth Analysis,
    Opportunity Analysis

8
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors Analysis
  • Market Dynamics Growth Drivers, Restraints and
    Opportunities
  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments
  • Key Market Players
  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis
  • Porters Five Force Model
  • Market Landscape Competition and Beyond
  • Market outlook for business players and entry
    level players to ascertain their business in
    dynamic ecosystem
  • Expert Analysis
  • Concluding Remarks
  • Request for TOC_at_ https//www.goldsteinresearch.com
    /toc-request/africa-two-wheelers-market-outlook-20
    24-regional-opportunity-assessment-and-demand-anal
    ysis-market-forecast-2016-2024

9
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors Analysis
About Goldstein Research 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.
10
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors Analysis
For more information Contact Us
11
Africa Two Wheelers Market Report 2024
Insights, Trends, Demand Competitors Analysis
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