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2020-09-16
288
Africa
West Africa Two-Wheeler Market can be segmented based on vehicle type, engine capacity and country. Based on vehicle type, West Africa two-wheeler market can be segmented into motorcycle and scooter & moped. Motorcycle segment was the largest segment by volume in 2019 and is expected to dominate the market during the forecast period due to its larger fuel carrying capacity and better maneuverability in the rugged road conditions across the region. Moreover, increasing consumer preference for daily commutes, better off-roading performance, and ability to avoid traffic congestion etc., are fueling the demand for motorcycles in West Africa two-wheeler market and due to growing population, rising urbanization and absence of reliable public transportation system in most of the West African countries. Moreover, continuing economic growth, rising consumer preference for motorcycles and increasing use of motorcycle taxis for carrying passengers as well as goods are some of the other factors anticipated to boost West Africa two-wheeler market over the coming years.
Market, By Vehicle Type:
Market, By Engine Capacity:
Market, by Country:
West Africa two-wheeler market is projected to grow at a CAGR of 12% over the forecast period of 2017-2030 , on the back of inadequate public transportation system, growing urbanization and increasing import of two-wheelers across the region. Moreover, increasing penetration of Chinese and Indian low-cost two-wheelers in West Africa two-wheeler market through two-wheeler importers are providing more options to the customers, which is expected to positively influence the market during forecast period.
As far as territorial investigation, the market has been divided into Benin, Burkina Faso, Cape Verde, Côte D’Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, Saint Helena, Senegal, Sierra Leone, Togo. Albeit because of episode of COVID-19 pandemic, the interest for bikes in Gambia is required to decay by around 30%, the nation is relied upon to keep representing the biggest offer in the West African Two-Wheeler Market, principally because of absence of public transportation framework, expanding number of female riders just as simple financing choices and developing per capita pay in the nation. Nigeria represented the second-biggest offer in the West African Two-Wheeler Market in 2019 because of insufficient public intra-city transport framework, expanding monetary action just as rising interest for last-mile conveyance purposes.
The report analyses and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "West Africa Two Wheeler Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Key Benefits: West Africa Two Wheeler Market Outlook, 2017-2030 (2021 Edition)
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