Ford Ranger in Kenya
The African automotive market is segmented by vehicle type (cars and commercial vehicles) and country (South Africa, Morocco, Algeria, Egypt, Nigeria, Ghana, Kenya and the rest of Africa). The report offers the market size and forecast for all of the above segments in terms of value (billions of US dollars).
*Disclaimer: Major Players sorted in no particular order
Need a report that reflects how COVID-19 has impacted this market and its growth?
8B).
.
83.
The African market has some of the highest growth prospects in the world. Multinational car manufacturers currently setting up factories in Angola, Ethiopia, Ghana, Kenya, Namibia, Nigeria, Rwanda, South Africa and other countries are a clear indication that there is potential to increase production for the automotive market in this region. South Africa, Egypt, Morocco and Algeria have large automotive assembly and manufacturing industries.
Contract manufacturing is another important growth driver for co Ford Ranger in Kenya mpanies that have manufacturing franchises for OEMs. For example, government-owned vehicle manufacturers in Kenya own franchises for Mercedes-Benz, Volkswagen and Chrysler. Another local company, AVA, assembles medium and heavy commercial vehicles for Mitsubishi and Fuso, as well as Scania, Toyota, Hino and Tata.
The Africa Automotive Market Report covers the African situation and forecasts its automotive market growth, growth, market trends, progress, challenges, opportunities, government regulation, technologies used, growth forecasts, etc. during the forecast period. The scope of the report covers segmentation by vehicle type and country.
By vehicle type, the market is divided into passenger cars and commercial vehicles, and by country, the market is divided into South Africa, Morocco, Algeria, Egypt, Nigeria, Ghana, Kenya and the rest of Africa. For each segment, the market size and forecast were made on the basis of value (billion US dollars).
Report scope can be customized per your requirements. click here.
The African market has high growth prospects. Governments and regulators in the region are taking the necessary steps to import and export used vehicles. For example,
Infrastructure levels are also on the rise in Africa, which is likely to help the region's auto market. West and North Africa are expected to drive growth until 2023, with countries such as Ghana and Morocco emerging as key players.
Governments in the region are taking the necessary steps to attract OEMs from around the world to set up their production units in the region, which is expected to increase demand for new vehicles.
To understand key trends, Download Sample Report
https://jiji.co.ke/cars/ford-ranger
Comments
Post a Comment