Press Release

Africa Two-Wheeler Market to Surpass $ 10 Billion by 2022

Growing population, increasing demand for motorcycle taxis, and inadequate & poorly developed public transportation system to drive two-wheeler market in Africa through 2022

According to TechSci Research report, Africa Two-Wheeler Market By Vehicle Type, By Country, Competition Forecast & Opportunities, 2022, the two-wheeler market in Africa is forecast to grow at a CAGR of 3.2% during 2017-2022. Backed by poor road connectivity, absence of reliable public transportation system, and growing demand for an affordable and reliable mode of transportation in the region, Africa two-wheeler market is anticipated to register a robust growth in the coming years. Moreover, increasing use of motorcycle taxis, popularly known as Boda Boda, for carrying passengers and goods is anticipated to boost demand for two-wheelers in Africa during forecast period. 

Browse 40 market data Tables and 95 Figures spread through 209 Pages and an in-depth TOC on "Africa Two-Wheeler Market"

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Two-wheeler market has been segmented into two categories, namely, Motorcycles and Scooters, in Africa. Of these categories, motorcycle segment dominated the Africa two-wheeler market in 2016, and the maximum demand was reported for motorcycles with an engine capacity less than 150cc. Owing to booming motorcycle taxis business in the region, the segment is expected to maintain its dominance over the next five years as well. South Africa was the largest market for two-wheelers in the region during 2012-2016, and the same trend is anticipated to continue during the forecast period, on account of growing per capita income, increasing employment opportunities, and developing infrastructure across the country.

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“With rising population across Africa, governments of various African countries are under pressure to enhance their road transportation system as well as offer modes of transportation that are affordable and reliable. Africa, is undoubtedly, one of the key regions for two-wheelers in the world, as they are a cheap and reliable means of transportation. In most of the African countries, Chinese two-wheeler companies have high penetration, however, by offering customized products and increasing the number of dealers and distributors, several Indian companies are looking to tap the growing opportunities in Africa two-wheeler market”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Africa Two-Wheeler Market By Vehicle Type, By Country, Competition Forecast & Opportunities, 2022” has analyzed the potential of Africa two-wheeler market, and provides information and statistics on market structure and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. The report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by the Africa two-wheeler market. 

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