Automotive Manufacturing in Nigeria

Automotive Manufacturing in Nigeria

  • October 2019 •
  • 46 pages •
  • Report ID: 3518871 •
  • Format: PDF
Automotive Manufacturing in Nigeria

Summary
Automotive Manufacturing in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The automotive manufacturing industry comprises the production of trucks, passengers cars and motorcycles.
- The Nigerian automotive manufacturing industry had total revenues of $0.3bn in 2018, representing a compound annual growth rate (CAGR) of 18.4% between 2014 and 2018.
- Industry production volume increased with a CAGR of 5.8% between 2014 and 2018, to reach a total of 0.5 million units in 2018.
- Motorcycles are a more affordable and a more convenient option for busy roads than cars. This consumer demand has driven strong growth the motorcycle manufacturing industry, with players such as Yamaha and Honda having a strong presence.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in Nigeria
- Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria automotive manufacturing market with five year forecasts by both value and volume

Reasons to buy
- What was the size of the Nigeria automotive manufacturing market by value in 2018?
- What will be the size of the Nigeria automotive manufacturing market in 2023?
- What factors are affecting the strength of competition in the Nigeria automotive manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria’s automotive manufacturing market?
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