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Nigeria Automotive Manufacturing Market to 2027

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    Report

  • 48 Pages
  • December 2023
  • Region: Nigeria
  • MarketLine
  • ID: 5928034
Description Jump to:
Automotive Manufacturing in Nigeria industry profile provides top-line qualitative and quantitative summary information including: 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 automotive manufacturing market is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
  • The Nigerian Automotive manufacturing industry had total revenues of $0.9 billion in 2022, representing a compound annual growth rate (CAGR) of 5.3% between 2017 and 2022.
  • Industry production volume increased with a CAGR of 3.6% between 2017 and 2022, reaching a total of 0.6 million units in 2022.
  • Nigeria captured a share of 0.04% in the global automobile manufacturing industry in 2022.

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

Reasons to Buy

  • What was the size of the Nigeria automotive manufacturing market by value in 2022?
  • What will be the size of the Nigeria automotive manufacturing market in 2027?
  • 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?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. How is new technology shaping long-term strategies?
7.4. What is the rationale for the recent joint venture/partnership activity?
7.5. What is the rationale for the recent M&A activity?
8 Company Profiles
8.1. Honda Motor Co., Ltd.
8.2. Yamaha Motor Co Ltd
8.3. Suzuki Motor Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Nigeria automotive manufacturing industry value: $ billion, 2017-22
Table 2: Nigeria automotive manufacturing industry volume: million units, 2017-22
Table 3: Nigeria automotive manufacturing industry category segmentation: % share, by value, 2017-2022
Table 4: Nigeria automotive manufacturing industry category segmentation: $ billion, 2017-2022
Table 5: Nigeria automotive manufacturing industry geography segmentation: $ billion, 2022
Table 6: Nigeria automotive manufacturing industry value forecast: $ billion, 2022-27
Table 7: Nigeria automotive manufacturing industry volume forecast: million units, 2022-27
Table 8: Honda Motor Co., Ltd.: key facts
Table 9: Honda Motor Co., Ltd.: Annual Financial Ratios
Table 10: Honda Motor Co., Ltd.: Key Employees
Table 11: Honda Motor Co., Ltd.: Key Employees Continued
Table 12: Yamaha Motor Co Ltd: key facts
Table 13: Yamaha Motor Co Ltd: Annual Financial Ratios
Table 14: Yamaha Motor Co Ltd: Key Employees
Table 15: Yamaha Motor Co Ltd: Key Employees Continued
Table 16: Yamaha Motor Co Ltd: Key Employees Continued
Table 17: Suzuki Motor Corporation: key facts
Table 18: Suzuki Motor Corporation: Annual Financial Ratios
Table 19: Suzuki Motor Corporation: Key Employees
Table 20: Suzuki Motor Corporation: Key Employees Continued
Table 21: Nigeria size of population (million), 2018-22
Table 22: Nigeria gdp (constant 2005 prices, $ billion), 2018-22
Table 23: Nigeria gdp (current prices, $ billion), 2018-22
Table 24: Nigeria inflation, 2018-22
Table 25: Nigeria consumer price index (absolute), 2018-22
Table 26: Nigeria exchange rate, 2018-22
List of Figures
Figure 1: Nigeria automotive manufacturing industry value: $ billion, 2017-22
Figure 2: Nigeria automotive manufacturing industry volume: million units, 2017-22
Figure 3: Nigeria automotive manufacturing industry category segmentation: $ billion, 2017-2022
Figure 4: Nigeria automotive manufacturing industry geography segmentation: % share, by value, 2022
Figure 5: Nigeria automotive manufacturing industry value forecast: $ billion, 2022-27
Figure 6: Nigeria automotive manufacturing industry volume forecast: million units, 2022-27
Figure 7: Forces driving competition in the automotive manufacturing industry in Nigeria, 2022
Figure 8: Drivers of buyer power in the automotive manufacturing industry in Nigeria, 2022
Figure 9: Drivers of supplier power in the automotive manufacturing industry in Nigeria, 2022
Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Nigeria, 2022
Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in Nigeria, 2022
Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in Nigeria, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Honda Motor Co., Ltd.
  • Yamaha Motor Co Ltd
  • Suzuki Motor Corporation

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