Africa two wheelers market valued USD 4.6 billion in 2016 and is anticipated to expand at a CAGR of 9.1% to reach USD 9.3 billion over the forecast period.
1. Report Code :AM 1034
2016-2024
Africa Two Wheeler Market Report
Global Opportunity & Growth Analysis, 2016-2024
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2. Key Findings
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%.
Inadequate and deteriorating roadway infrastructure in a fast sprawling urban environment
The Motorcycles are the common form of public transport system on most secondary roads in
Kampala, Lagos, and Douala.
The African Market is the fastest growing motorcycle market in the world growing at a xx%
CAGR in the past five years.
African Two wheeler market is divided into five regions:
I. Nigara- Largest two wheeler importer globally
II. Eastern & Central Africa- With highest scope for growth
III. Western Africa- Taxi Market like Nigara
IV. Northern Africa
V. Southern Africa
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3. In 2016, Motorcycles accounted for the highest market share XX%in Africa Two Wheeler Market
2016e 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f
Africa Two Wheeler Market Size USD (Billion).
2016-2024
XX%
CAGR: (2016-2024)
Source: Goldstein Research
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4. XX%
XX%
XX%
XX%
XX%
XX%XX%
XX%
XX%
XX%
XX%
2016
South Africa Morocco Algeria Nigeria Kenya Ethiopia
Tunisia Mauritius Cape Verde Tanzania Rest of Africa
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
2024
With XX% share in 2016, Nigeria region dominated the collective Africa Two Wheeler market
Africa Two Wheeler Market Share(%), By Region-
2016-2024
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6. 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
High Penetration Medium Penetration Low Penetration
Major Players Presence-Regional Analysis
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7. Africa Two Wheeler Market Analysis
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8. Africa Two Wheeler Market Size (USD Billion) & Growth Analysis
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Goldstein Research Source: Goldstein Research
Africa Two Wheeler Market Size (USD Billion)-2016-2024 Africa Two Wheeler Market Y-O-Y Growth (%) Analysis-2016-2024
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Africa Two Wheeler market trends 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
9. Africa Two Wheeler Market Overview, By Region and Market Players-2016
Africa Two Wheeler Market Share (%), By Country, 2016 Africa Two Wheeler Market Share (%), By Players, 2016
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XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
South Africa
Nigeria
Tanzania
Kenya
Algeria
Uganda
Egypt
Morocco
Angola
Ethiopia
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX% 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
10. Consumers tend to
opt for non-genuine
spare parts because
of their lower price.
High import
duties
Second-hand
vehicle
Market Dynamics
General Trend
Advancement
Highly Complex Moderately Complex Waived
Booming
motorcycle taxis
business
Rapid
urbanization
Inadequate
means of
transportation
Growth Drivers Growth Barriers
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