African Two-Wheeler Industry to 2026 - Featuring Bajaj Auto, Hero MotoCorp and Yamaha Motor Among Others

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Feb 17, 2022, 07:30 ET

DUBLIN, Feb. 17, 2022 /PRNewswire/ -- The "Africa Two-Wheeler Market, By Vehicle Type (Motorcycle, Scooter & Moped), By Engine Capacity (Up to 125cc, 126-250cc, 251-500cc, Above 500cc), By Region, Competition Forecast & Opportunities, 2016- 2026" report has been added to ResearchAndMarkets.com's offering.

The African Two-wheeler Market stood at USD2020.98 million in 2020 and is anticipated to grow with a CAGR of 4.72% in the forecast period, 2022-2026, to reach USD2793.65 million by 2026F.

The automotive industry is expanding in the African region and is thus supporting market growth. Major factors like increasing demand for two-wheelers for daily commutes and growing issues of road congestion and traffic are driving the African Two-wheeler Market's growth in the upcoming five years.

Affordability, easier purchases, lower maintenance cost as compared to four-wheelers, and advantages over more economical fueling further supports the growth of the African Two-wheeler Market in the next five years. The region accommodates most of the developing countries. Due to the lower economy, consumer preferences toward affordable and easy maintenance vehicles sustain and further drives the market growth. Lack of public transportation systems in these developing countries has aided the rapidly growing demands for motorcycle taxis, thus supporting the growing demands for two-wheelers for the same purpose.

Moreover, manufacturing units of the global giants profit well from cheap labor, easier raw material availability, etc., which further substantiates the futuristic growth of the African Two-wheeler Market in future five years. The two-wheeler motorcycles have dynamic engines, and in combination with their low weight, these are suited for higher acceleration than many other vehicles. Two-wheelers without gear, or scooters, as they are particularly known for, make the vehicles light and efficient. Gearless two-wheelers are also easy to ride for all ages of people. These specific advantages of owning two-wheelers also aid to the growing demand and thus the growth of the African Two-wheeler Market. Growing technological advancements, eco-friendly options, and electric vehicles are some of the other factors further driving the growth of the African Two-wheeler Market in the forecast years through 2026.

The African Two-wheeler Market is segmented by vehicle type, engine capacity, country analysis, and competitional landscape. Based on vehicle type, the market is further bifurcated into motorcycles and scooters & mopeds. The motorcycle sub-segment is anticipated to hold the largest revenue shares of the market in the upcoming five years on account of its capacity to carry more fuel and thus has higher efficiency compared to other types. Moreover, the two-wheeler industry is expanding on the basis of increasing technological advancement such that they provide better maneuverability in the rugged road conditions and thus substantiates the growth of the African Two-wheeler Market in the next five years.

TVS Motor Company Limited, Honda Motor Company Limited, Bajaj Auto Ltd., Hero MotoCorp Ltd., Suzuki Motor Corporation, Yamaha Motor Co., Ltd., Lifan Technology (Group) Co., Ltd., Luoyang Northern EK Chor Motorcycle Co., Ltd, Sanyang Motor Co., Ltd., Kwang Yang Motor Co., Ltd., among others form a partial list of market players that are leading the automotive industry and the African Two-wheeler Market. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions.

Years considered for this report:

Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026

Objective of the Study:

To analyze and estimate the market size of the African Two-wheeler Market from 2016 to 2020.
To estimate and forecast the market size of the African Two-wheeler Market from 2020 to 2021 and growth rate until 2026.
To classify and forecast the African Two-wheeler Market based on vehicle type, engine capacity, country analysis, and competitional landscape.
To identify dominant region or segment in the African Two-wheeler Market.
To identify drivers and challenges for the African Two-wheeler Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the African Two-wheeler Market.
To identify and analyze the profile of leading players operating in the African Two-wheeler Market.
To identify key sustainable strategies adopted by the market players in the African Two-wheeler Market.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer
4.1. Brand Recall
4.2. Factors Influencing Purchase Decision
4.3. Brand Satisfaction Level

5. Africa Two-Wheeler Market Outlook
5.1. Market Size & Forecast
5.1.1. By Volume
5.1.2. By Value
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (Motorcycle, Scooter & Moped)
5.2.2. By Engine Capacity (Up to 125cc, 126-250cc, 251-500cc, Above 500cc)
5.2.3. By Country
5.2.4. By Company (2020)
5.3. Market Map (By Vehicle Type, By Country)

6. Egypt Two-Wheeler Market Outlook
6.1. Market Size & Forecast
6.1.1. By Volume
6.1.2. By Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type
6.2.2. By Engine Capacity
6.2.3. By Company (2020)
6.3. Pricing Analysis
6.4. Import Duties
6.5. Market Map (By Vehicle Type)

7. Nigeria Two-Wheeler Market Outlook
7.1. Market Size & Forecast
7.1.1. By Volume
7.1.2. By Value
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By Engine Capacity
7.2.3. By Company (2020)
7.3. Pricing Analysis
7.4. Import Duties
7.5. Market Map (By Vehicle Type)

8. Kenya Two-Wheeler Market Outlook
8.1. Market Size & Forecast
8.1.1. By Volume
8.1.2. By Value
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Engine Capacity
8.2.3. By Company (2020)
8.3. Pricing Analysis
8.4. Import Duties
8.5. Market Map (By Vehicle Type)

9. Tanzania Two-Wheeler Market Outlook
9.1. Market Size & Forecast
9.1.1. By Volume
9.1.2. By Value
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By Engine Capacity
9.2.3. By Company (2020)
9.3. Pricing Analysis
9.4. Import Duties
9.5. Market Map (By Vehicle Type)

10. Morocco Two-Wheeler Market Outlook
10.1. Market Size & Forecast
10.1.1. By Volume
10.1.2. By Value
10.2. Market Share & Forecast
10.2.1. By Vehicle Type
10.2.2. By Engine Capacity
10.2.3. By Company (2020)
10.3. Pricing Analysis
10.4. Import Duties
10.5. Market Map (By Vehicle Type)

11. Uganda Two-Wheeler Market Outlook
11.1. Market Size & Forecast
11.1.1. By Volume
11.1.2. By Value
11.2. Market Share & Forecast
11.2.1. By Vehicle Type
11.2.2. By Engine Capacity
11.2.3. By Company (2020)
11.3. Pricing Analysis
11.4. Import Duties
11.5. Market Map (By Vehicle Type)

12. Algeria Two-Wheeler Market Outlook
12.1. Market Size & Forecast
12.1.1. By Volume
12.1.2. By Value
12.2. Market Share & Forecast
12.2.1. By Vehicle Type
12.2.2. By Engine Capacity
12.2.3. By Company (2020)
12.3. Pricing Analysis
12.4. Import Duties
12.5. Market Map (By Vehicle Type)

13. Angola Two-Wheeler Market Outlook
13.1. Market Size & Forecast
13.1.1. By Volume
13.1.2. By Value
13.2. Market Share & Forecast
13.2.1. By Vehicle Type
13.2.2. By Engine Capacity
13.2.3. By Company (2020)
13.3. Pricing Analysis
13.4. Import Duties
13.5. Market Map (By Vehicle Type)

14. South Africa Two-Wheeler Market Outlook
14.1. Market Size & Forecast
14.1.1. By Volume
14.1.2. By Value
14.2. Market Share & Forecast
14.2.1. By Vehicle Type
14.2.2. By Engine Capacity
14.2.3. By Company (2020)
14.3. Pricing Analysis
14.4. Import Duties
14.5. Market Map (By Vehicle Type)

15. Ethiopia Two-Wheeler Market Outlook
15.1. Market Size & Forecast
15.1.1. By Volume
15.1.2. By Value
15.2. Market Share & Forecast
15.2.1. By Vehicle Type
15.2.2. By Engine Capacity
15.2.3. By Company (2020)
15.3. Pricing Analysis
15.4. Import Duties
15.5. Market Map (By Vehicle Type)

16. Impact of COVID-19 on Africa Two-Wheeler Market

17. Market Dynamics
17.1. Drivers
17.2. Challenges

18. Market Trends and Developments

19. List of Prominent Dealers/Distributors

20. Competitive Landscape
20.1. TVS Motor Company Limited
20.2. Bajaj Auto Ltd.
20.3. Honda Motor Company Limited
20.4. Hero MotoCorp Ltd.
20.5. Suzuki Motor Corporation
20.6. Yamaha Motor Co., Ltd.
20.7. Lifan Technology (Group) Co., Ltd.
20.8. Luoyang Northern EK Chor Motorcycle Co., Ltd
20.9. Sanyang Motor Co., Ltd.
20.10. Kwang Yang Motor Co., Ltd.

21. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/u7vn5j

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