Title: Africa Two Wheeler Industry Outlook
1Report Code AM 1034
Africa Two Wheeler Market Outlook 2024 Global
Opportunity Growth Analysis, 2016-2024
2016-2024
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2 Executive Summary
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Fig 1-2 Africa Two Wheeler Market Share(), By
Region-2016-2024
Fig 1-1 Africa Two Wheeler Market Size USD
(Billion). 2016-2024
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In 2016, Motorcycles accounted for the highest
market share XX in Africa Two Wheeler Market
With XX 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
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Inadequate public transportation infrastructure
Advent of motorcycle taxis
Rising demand for public transit
Increasing influx of cheap imports from Indian
manufacturers
Nigeria
South Africa
2016
XX Billion
XX Billion
Easy financing
2024
XX Billion
XX Billion
4 Major Players Presence-Regional Analysis
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Major Players/ Industries Eastern Africa Western Africa Northern Africa Southern Africa
Honda Motor Co. Ltd
Yamaha Motor Company Limited
Kawasaki Heavy Industries Motorcycle Engine Company
Ducati Motor Holding S.p.A.
Hero Motocorp Ltd.
TVS Motor Company
Bajaj Auto Limited
Suzuki Motor Corporation
Harley-Davidson, Inc
BMW AG
Aprilia
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Low Penetration
High Penetration
Medium Penetration
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5 Africa Two Wheeler Market Size (USD Billion)
Growth Analysis
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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
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6Market Dynamics
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Growth Drivers
Growth Barriers
General Trend
Highly Complex
Moderately Complex
Waived
Advancement
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7Impacting Factors of Africa Two Wheeler
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- 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 - Africas 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
Africas unique challenges - Growing per capita income, increasing employment
opportunities, developing infrastructure and vast
reserves of natural resources are driving the
countrys 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
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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.
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