Automotive Manufacturing in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Nigeria automotive manufacturing market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The automotive manufacturing industry comprises the production of trucks, passengers cars and motorcycles.
The Nigerian automotive manufacturing industry had total revenues of $0.2bn in 2016, representing a compound annual growth rate (CAGR) of 14.2% between 2012 and 2016.
Industry production volume increased with a CAGR of 6.1% between 2012 and 2016, to reach a total of 0.5 million units in 2016.
In 2013 the Nigerian government put into action the Nigerian Automotive Industry Development Plan to incentivize domestic manufacturers.
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What was the size of the Nigeria automotive manufacturing market by value in 2016?
What will be the size of the Nigeria automotive manufacturing market in 2021?
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?