Car Manufacturing in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The passenger cars manufacturers market value is calculated in terms of manufacturer selling price (MSP), and excludes all taxes and levies.
- The Nigerian car manufacturing industry had total revenues of $266.3 million in 2022, representing a compound annual growth rate (CAGR) of 10.3% between 2017 and 2022.
- Industry production volume increased with a CAGR of 7.5% between 2017 and 2022, to reach a total of 27.8 thousand units in 2022.
- The deceleration in industry growth is attributed to production delays due to shortages of semiconductors and supply chain bottlenecks.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Nigeria
- Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria car manufacturing market with five year forecasts
Reasons to Buy
- What was the size of the Nigeria car manufacturing market by value in 2022?
- What will be the size of the Nigeria car manufacturing market in 2027?
- What factors are affecting the strength of competition in the Nigeria car manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in Nigeria's car manufacturing market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Hyundai Motor Company
- Ford Motor Company
- Innoson Vehicle Manufacturing Co Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 45 |
| Published | April 2023 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 0.27 Billion |
| Forecasted Market Value ( USD | $ 0.39 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Nigeria |
