Africa Two Wheeler Industry Outlook

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Africa Two Wheeler Industry Outlook

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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. – PowerPoint PPT presentation

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Title: Africa Two Wheeler Industry Outlook


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Report Code AM 1034
Africa Two Wheeler Market Outlook 2024 Global
Opportunity Growth Analysis, 2016-2024
2016-2024
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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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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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Market Dynamics
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Growth Drivers
Growth Barriers
General Trend
Highly Complex
Moderately Complex
Waived
Advancement
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Impacting 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
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across businesses and communities through our
well-defined ideas and clear cut forecasts.
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