Africa Two-Wheeler Market Forecast 2021 - brochure

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

Africa Two - Wheeler Market By Vehicle Type , By Country, Competit ion Forecast &

Opportunities , 2011 – 2021

© TechSci Research

2

T a b l e o f C o n t e n t s

S. No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Africa Two-Wheeler Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value & Volume

4.2. Market Share & Forecast

4.2.1. By Vehicle Type

4.2.2. By Country

4.3. Africa Two-Wheeler Market Attractiveness Index (By Country)

4.4. Africa Two-Wheeler Market Attractiveness Index (By Vehicle Type)

5. South Africa Two-Wheeler Market Outlook





5.2.2. By Region

5.2.3. By Company

5.3. Pricing Analysis

5.4. Supply Chain Analysis

5.5. Import Duties

5.6. South Africa Two-Wheeler Market Attractiveness Index (By Vehicle Type)

© TechSci Research

3


S. No. Contents

5.7. Competition Outlook

5.8. List of Prominent Dealers/Distributors with Contact Details

6. Nigeria Two-Wheeler Market Outlook





6.2.2. By Region

6.2.3. By Company



6.5. Import Duties

6.6. Nigeria Two-Wheeler Market Attractiveness Index (By Vehicle Type)



7. Tanzania Two-Wheeler Market Outlook





7.2.2. By Region

7.2.3. By Company

© TechSci Research

4


S. No. Contents



7.5. Import Duties

7.6. Tanzania Two-Wheeler Market Attractiveness Index (By Vehicle Type)



8. Kenya Two-Wheeler Market Outlook





8.2.2. By Region

8.2.3. By Company



8.5. Import Duties

8.6. Kenya Two-Wheeler Market Attractiveness Index (By Vehicle Type)



9. Algeria Two-Wheeler Market Outlook



© TechSci Research

5


S. No. Contents



9.2.2. By Region

9.2.3. By Company



9.5. Import Duties

9.6. Algeria Two-Wheeler Market Attractiveness Index (By Vehicle Type)



10. Uganda Two-Wheeler Market Outlook





10.2.2. By Region

10.2.3. By Company



10.5. Import Duties

10.6. Uganda Two-Wheeler Market Attractiveness Index (By Vehicle Type)



© TechSci Research

6


S. No. Contents

11. Egypt Two-Wheeler Market Outlook





11.2.2. By Region

11.2.3. By Company



11.5. Import Duties

11.6. Egypt Two-Wheeler Market Attractiveness Index (By Vehicle Type)



12. Morocco Two-Wheeler Market Outlook





12.2.2. By Region

12.2.3. By Company


© TechSci Research

7


S. No. Contents


12.5. Import Duties

12.6. Morocco Two-Wheeler Market Attractiveness Index (By Vehicle Type)



13. Angola Two-Wheeler Market Outlook





13.2.2. By Region

13.2.3. By Company



13.5. Import Duties

13.6. Angola Two-Wheeler Market Attractiveness Index (By Vehicle Type)



14. Ethiopia Two-Wheeler Market Outlook



© TechSci Research

8


S. No. Contents



14.2.2. By Region

14.2.3. By Company



14.5. Import Duties

14.6. Ethiopia Two-Wheeler Market Attractiveness Index (By Vehicle Type)


15. Strategic Recommendations

16. About Us & Disclaimer

© TechSci Research

9

P r o d u c t O v e r v i e w

A Motorcycle is defined as “A two-wheeled motor vehicle with engine mounted in middleof the frame, with a fuel tank above it, and a manual clutch and gear system.”

Classification According to Vehicle Type

Motorcycle Definition

Vehicle Segment Sub-Segment Customer Segment

Two-Wheeler

Motorcycle

Individuals

Scooter

A Scooter is defined as “A two-wheeled motor vehicle which has a step through frameand the engine located between the rider and the rear.”

Scooter Definition

© TechSci Research

10

R e s e a r c h M e t h o d o l o g y

A

C

B

Primary Research

Company Analysis

Desk Research

Identifying Key Opinion

Leaders

Questionnaire Design

In-depth Interviews

Market Participants

Key Strengths

Spark plug Portfolio

OEM Tie-ups

Recent

Developments

Market Changing

Aspects/Dynamics

Government

Policies

Final Conclusion

LinkedIn TechSci Internal

database

Factiva Hoovers

Paid Sources

Company Website Company Annual

Reports White Paper Study Financial Reports Investor

Presentations Regulatory Body, Associations, etc.

Secondary Research

Primary Research

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

•In-depth secondary research was used todetermine top players in Africa two-wheelermarket, overall market size and to identify topplayers.

Market Profiling

•In order to conduct industry experts interviews,TechSci Research has formulated a detailedquestionnaire.

Formulating Questionnaire

•List of industry players, distributors, dealers,retailers, and industry specialists wasdeveloped.

Developing list of respondents

•TechSci Research conducted interviews withindustry experts, industry players, for datacollection and verification.

Data Collection

•Data obtained as a result of primary andsecondary research was validated throughrigorous triangulation.

Data Validation

•The data was scrutinized using MS-Excel andstatistical tools such as Time Series analysis etc.to obtain qualitative and quantitative insightsabout the Africa two-wheeler market.

Data Analysis

© TechSci Research

11


Baseline Methodology:

For the study, TechSci Research has gathered information through primary research surveys with leading two-wheeler companies/ dealers/ distributors/ importers present in Africa, and subsequently, verified information fromprominent two-wheeler companies key executive available within region. We also put through an exhaustive searchof credible paid databases such as Factiva, Hoovers, etc., in addition to our internal database. Our team of analystshas then prudently evaluated all the collected information and presented the same in chronological order to depict ameaningful and clear picture of the Africa two-wheeler market.

While compiling the data, we have also cross checked all the collected information from multiple sources and datawarehouses, in order to present the most accurate and precise information of the concerned industry. We useinnovative business model that focuses on accuracy, while ensuring creation of high-quality reports.

Sampling Technique:

While conducting the study, TechSci Research followed the stratified random sampling technique to shortlist the KeyOpinion Leaders (KOLs) in various two-wheeler companies in Africa. KOLs based out of prominent two-wheelercompanies in Africa were interviewed to identify the size of the continent’s two-wheeler market.

Sample Size:

KOL No. of Respondents

Personnel in two-wheeler companies/ dealers/ distributors 20

Regional Sales Managers/ Country Heads and other mid to senior management people in two-wheeler Companies/Dealers/Distributors

15

Industry Experts / Government Bodies (Import Export Department, Associations, etc.)

5

Total 40

© TechSci Research

12


Market Size Calculation Technique:

Primary Research

For the preparation of Africa two-wheeler market, bottom-up model has been used, which has been later crossvalidated by using top-down approach. TechSci Research interviewed sales managers/ country heads and other midto senior management people of two-wheeler companies using Delphi technique for calculating the market size ofthe Africa two-wheeler market. Respondents were also asked about the current and future growth rates, marketshare by region and average selling prices. All the information gathered was carefully analyzed. Data points whichexhibited high deviations from the majority estimates were eliminated as outliers, and the remaining refined datapoints were put together to arrive at the volume data.

S. No. Company/Dealers & Distributor Name

1. CFAO Yamaha Motor Nigeria Limited

2. Honda Manufacturing Nigeria Limited

3. Suzuki Motorcycle

4. Bajaj Auto Limited

5. Hero MotoCorp

6. Lusolanda SARL

7. AngoZara Auto

8. SARL PROX4

9. Auto Competicao Angola LDA

10. Ezz Elarab Automotive Group

11. Tamerco Motorcycle, Cairo

12. VIP Merchandise Enterprises limited

Primary Research – Prominent Companies & Associations Interviewed

© TechSci Research

13


S. No. Secondary Source

1. National Bureau of Statistics, Nigeria

2. National Transport & Safety Authority, Kenya

3. The Association of Motorcycle Importers & Distributors In South Africa.

4. Tanzania Revenue Authority

5. Central Agency for Public Mobilization & Statistics

6. Central Statistical Agency, Ethiopia

Secondary Research

We also put through an exhaustive search of credible paid databases such as Factiva, Hoovers, etc., in addition toour internal database. Further analyses of credible publications, white papers, company’s annual reports, investorpresentations, news articles, etc. were also analysed to cross validate the end-findings derived from primaryresearch.

Forecasting Technique:

The team anticipated the Africa two-wheeler market on the basis of econometric and judgemental analysis, inaddition to statistical techniques such as averaging, and geometric mean. During primary research interviews,questions regarding historical sales trend of Africa two-wheeler market during the last five years were put forward.Respondents were asked about the current and future growth rates, market share by vehicle type, etc. In order toforecast the Africa two-wheeler market, following forecast techniques were used:

• Moving Average

• Time Series Analysis

• Econometric and Judgmental Analysis

I n d u s t r y B r i e f

14

Africa Two-Wheeler Market to Cross $ 9 Billion by 2021

According to TechSci Research report, “Africa Two-Wheeler Market By Vehicle Type, By Country, Competition Forecast &Opportunities, 2011 – 2021”, the two-wheeler market in Africa is forecast to cross US$ 9 billion by 2021.South Africa, Nigeriaand Tanzania are the largest two-wheeler markets in Africa, followed by Kenya, Algeria, Uganda, Egypt, Morocco, Angola andEthiopia. According to the World Bank, the population of Africa is forecast to reach 2.8 billion by 2060. As the population of thecontinent continues to grow at an alarming rate, governments and other stakeholders are coming under pressure to developand strengthen transport networks. Public transportation system in African countries is still inadequate and poorly developed,and consequently, two-wheelers are becoming a key medium for transportation in urban as well as rural settlements.

In Africa, two-wheelers offer an affordable mode of transportation. Workers as well as travellers, who earlier used to preferother modes of transportation, are increasingly switching to two-wheelers, to avoid the frantic traffic in the cities across majorAfrican countries. Moreover, rising fuel prices is also driving demand for two-wheelers in the continent due to their higher fuelefficiency. Furthermore, as driving license is not mandatory for driving gearless two-wheelers in majority of the Africancountries, tourists visiting the continent usually opt for two-wheelers for transportation purpose.

On the basis of vehicle type, the two-wheeler market in Africa has been segmented into two categories, namely, motorcycleand scooter. Among these categories, motorcycle segment dominated the continent’s two-wheeler market in 2015, owing tovarious associated advantages such as quicker acceleration, better engine capacity, large fuel tank, larger wheel base and easymaintenance. Moreover, booming motorcycle taxis business in African countries is further augmenting demand for motorcyclesin the continent. Backed by rapid urbanization, growing population and inadequate means of transportation, the segment isanticipated to maintain its dominance over the next five years as well

“In Africa, South Africa was the major demand generator of two-wheelers in 2015. Growing per capita income, increasingemployment opportunities, developing infrastructure and vast reserves of natural resources are driving the country’s economicgrowth. According to the Association of Motorcycle Importers and Distributors, the country registers huge demand for premiummotorcycle with an engine capacity of more than 500cc, and the same trend is expected to continue over the next five years aswell. 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.”, said Mr. KaranChechi, Research Director with TechSci Research, a research based global management consulting firm.

https://www.techsciresearch.com/report/africa-two-wheeler-market-by-vehicle-type-motorcycle-vs-scooter-by-country-south-africa-nigeria-tanzania-kenya-algeria-uganda-egypt-morocco-angola-and-ethiopia-competition-forecast-opportunities-2011-2021/769.html

15

S a m p l e D a t a - S n a p s h o t

Africa Two-Wheeler Market Size, By Value (USD

Billion), By Volume (Thousand Units), 2011-2021F

© TechSci Research

151 2 3 4 5 7 8 9 10 11 12

3 5 7 9 1115 17 19 21 23 25

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Value (USD Billion) Volume (Million Unit)

5% 5% 5% 5% 5% 5% 5%10% 10% 10% 10% 10% 10% 10%

15% 15% 15% 15% 15% 15% 15%20% 20% 20% 20% 20% 20% 20%

25% 25% 25% 25% 25% 25% 25%

30% 30% 30% 30% 30% 30% 30%

35% 35% 35% 35% 35% 35% 35%

40% 40% 40% 40% 40% 40% 40%

2015 2016E 2017F 2018F 2019F 2020F 2021F

Honda BMW Motorrad KTM Yamaha

Harley Davidson Kawasaki Suzuki Others

South Africa Two-Wheeler Market Share, By Company, By

Volume, 2015-2021F

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

0.00 0.50 1.00 1.50 2.00 2.50

Motorcycle

Scooter

Africa Two-Wheeler Market Attractiveness Index, By

Vehicle Type, By Volume, 2015-2021F

Ethiopia Two-Wheeler Market Attractiveness Index, By

Vehicle Type, By Volume, 2015-2021F

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

0.00 0.50 1.00 1.50 2.00 2.50

Motorcycle

Scooter

4% 4% 4% 4% 4% 4% 4%

9% 9% 9% 9% 9% 9% 9%

14% 14% 14% 14% 14% 14% 14%

19% 19% 19% 19% 19% 19% 19%

21% 21% 21% 21% 21% 21% 21%

24% 24% 24% 24% 24% 24% 24%

2015 2016E 2017F 2018F 2019F 2020F 2021F

Bajaj Chinese TVS Honda Hero Others

Nigeria Two-Wheeler Market Share, By Company, By Volume, 2015-2021F

KwaZulu-Natal

2015 2021F

X% X%

Gauteng

2015 2021F

X% X%

Eastern Cape

2015 2020F

X% X%

*Others

2015 2021F

X% X%

South Africa Two-Wheeler

Market Share, By Region, By

Volume, 2015 & 2021F

© TechSci Research

16

R e p o r t O r d e r i n g

To View Sample OR Purchase Report

Report Price

Report Name: Africa Two-Wheeler Market By Vehicle Type, By Country,

Competition Forecast & Opportunities, 2011 – 2021

License Type Price

Electronic Access - Single User License $4200

CD-ROM Mail Delivery $4700

Hard Copy Mail Delivery $5200

Electronic Access - Multi-User License $10000

https://www.techsciresearch.com/sample-report.aspx?cid=769

http://www.techsciresearch.com/report/united-states-radio-taxi-services-market-forecast-and-opportunities-2021/617.html

© TechSci Research

17

TechSci Research – North America

708 Third Avenue, Manhattan,

New York, United States

Tel: +1- 646- 360- 1656

Email: [email protected]

www.techsciresearch.com

About Us

TechSci Research is a global market research and consulting company with offices in the US, the UK and India. TechSci Research

provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on

improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both

industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional

and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

Related Reports

Global OTR Tire Market, Competition Forecast & Opportunities 2011-2021

Latvia Tire Market Forecast & Opportunities, 2021

United Kingdom Tire Market Forecast and Opportunities, 2021

Partial List of Clients

Disclaimer

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made thatit is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sourcesincluding which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of anyinformation and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that ithas no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can changewithout notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage ofthe same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – Europe

54, Oldbrook, Bretton,

Peterborough,

United Kingdom



TechSci Research – Asia-Pacific

B – 44, Sector – 57, Noida, National

Capital Region, U.P. - India

Tel: +91-120-4523900



A b o u t U s & D i s c l a i m e r