By Application (Construction, mining and Logistics), By Tonnage Capacity (3.5 to 7.5 tons, 7.5 tons to 16 tons and Above 16 tons), By Fuel Type (Gasoline, Diesel, Petrol and Others), By Country (Nigeria, South Africa, Tanzania, Ethiopia, Egypt, Morocco, Algeria), By Company
Africa Used Trucks market is anticipated to grow due to stringent government regulations imposed on importing the vehicles only in South Africa, North America, and Europe export new medium and heavy trucks as well as used trucks to South Africa.
“Africa Used Trucks Market Industry Analysis, 2020”, provides comprehensive qualitative and quantitative insights on the industry potential, and analyzes key factors such as trends, drivers, hotspots and opportunities and challenges available for used trucks market industry across Africa. Moreover, the report also encompasses an analysis of the key leading players in the industry, along with competitive benchmarking and competition matrix and company profiling.
Africa Used Trucks market is also expected to expand in the forthcoming years due to a low disposable income and less purchasing power of individuals. Expansion of road infrastructure, logistics, and e-commerce in some parts of Africa are aiding in the amplification of the demand for used trucks.
Africa actively exports vehicles to the United States and Canada. Vehicle exports to the United States declined in 2018 and were estimated to be around 11,440 units. Total vehicle exports in August 2019 were estimated to be around 44,566 vehicles, as compared to 32,341 in August 2018 in Africa.
According to MarkNtel Advisors’ research report titled “Africa Used Trucks Market Industry Analysis, 2020”, the CAGR of Africa Used Trucks market is projected to be around 5.6% during 2020-25. Total heavy trucks production in Africa was around 78,000 in 2019, as compared to the production in 2018 which estimated to be around 51,662. Although the total production has increased in the region, used trucks are still imported to Africa from Europe and North America regions due to the high quality and well-known auto parts used.
Rising Growth of Construction Sector
With a visible rise in the construction activity in some parts of the region, the demand for used trucks may surge in the coming years. Although Africa is currently an emerging economy, the construction sector in the region has shown a consistent escalation. For instance, the Zimbabwe Energy Regulatory authority approved the deployment of 39 solar power projects as the country aims to actively adopt renewable energy. Moreover, in the construction process, trucks would be used frequently for the transportation of material. The retrofitting and replacement demand plays an important role in the Used Trucks market. The old parts in the trucks suffer wear and tear after certain years of usage. Thus, growing replacement demand is expected to surge the market growth of used trucks in the coming years.
According to MarkNtel Advisors’ research report “Africa Used Trucks Market Industry Analysis, 2020”, some major players in the market are Renault, Scania AB, Isuzu Motors, Tata Motors Limited, Ashok Leyland Limited, Daimler AG, Man Truck and Bus, AB Volvo, Mercedes Benz, and Hyundai.
Key Questions Answered in the Market Research Report
What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Africa Used Trucks Market?
What are the region wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Africa Used Trucks Market?
Who are the key competitors or market players and how they perform in Africa Used Trucks Market on the basis of competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of Africa Used Trucks Market study?
Market Outlook, Segmentation and Statistics
Market Size & Analysis
Market Share & Analysis
By Tonnage Capacity
3.5 tons to 7.5 tons
7.6 tons to 16 tons
Above 16 tons
By Fuel Type
Strategic Factorial Indexing
Competitor Placement in Markntel Quadrant
Africa Used Trucks Market Policies, Regulations, Application Standards
Africa Used Trucks Market Hotspot and Opportunities
Africa Used Trucks Market Key Strategic Imperatives for Success and Growth
Frequently Asked Questions
Q. What would be the growth rate or CAGR of Africa Used Trucks Market during 2020-25?
A. The market size of Africa Used Trucks Market during 2020-25 is forecast to be around 5.6%.
Q. Which type of Africa Used Trucks would grab the highest market share during 2020-25?
A. It is forecast that the heavy truck will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Africa Used Trucks Market?
A. Renault, Scania AB, Isuzu Motors, Tata Motors Limited, Ashok Leyland Limited, Daimler AG, Man Truck and Bus, AB Volvo, Mercedes Benz, and Hyundai are few of the leading players in the Africa Used Trucks Market.
Q. Does the report scope cover Africa Used Trucks tonnage and country wise market statistics also?
A. Yes, the scope of the report encompass detailed Africa Used Trucks tonnage and region wise statistics such as market size, market segmentation based on various subcategories.
1.1. Market Segmentation
1.2. Product Definition
1.3. Research Process
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Africa Used Trucks Market Voice of Customer
4.1. Brand Awareness
4.2. End User Expectation
4.3. Key Factors Impacting Vendor Selection
4.4. Key Issues Encountered
4.5. Vendor’s Receptiveness to Address Key Customer Issues
4.6. Future Requirements
5. Africa Used Truck Market Analysis, 2015-2025F
5.1. Market Size & Analysis
5.1.1. Market Revenue
5.1.2. Units Sold
5.2. Market Share & Analysis
5.2.1. By Application
5.2.2. By Tonnage Capacity
22.214.171.124. 3.5 tons to 7.5 tons
126.96.36.199. 7.6 tons to 16 tons
188.8.131.52. Above 16 tons
5.2.3. By Fuel Type
5.2.4. By Country
184.108.40.206. South Africa
5.2.5. By Company
220.127.116.11. Revenue Shares
18.104.22.168. Strategic Factorial Indexing
22.214.171.124. Competitor Placement in MarkNtel Quadrant
6. Algeria Used Truck Market Analysis, 2015-2025F
6.1. Market Size & Analysis
6.1.1. Market Revenue
6.1.2. Units Sold
6.2. Market Share & Analysis
6.2.1. By Application
6.2.2. By Tonnage Capacity
6.2.3. By Fuel Type
7. Tanzania Used Truck Market Analysis, 2015-2025F
7.1. Market Size & Analysis
7.1.1. Market Revenue
7.1.2. Units Sold
7.2. Market Share & Analysis
7.2.1. By Application
7.2.2. By Tonnage Capacity
7.2.3. By Fuel Type
8. South Africa Used Truck Market Analysis, 2015-2025F
8.1. Market Size & Analysis
8.1.1. Market Revenue
8.1.2. Units Sold
8.2. Market Share & Analysis
8.2.1. By Application
8.2.2. By Tonnage Capacity
8.2.3. By Fuel Type
9. Egypt Used Truck Market Analysis, 2015-2025F
9.1. Market Size & Analysis
9.1.1. Market Revenue
9.1.2. Units Sold
9.2. Market Share & Analysis
9.2.1. By Application
9.2.2. By Tonnage Capacity
9.2.3. By Fuel Type
10. Ethiopia Used Truck Market Analysis, 2015-2025F
10.1.Market Size & Analysis
10.1.1. Market Revenue
10.1.2. Units Sold
10.2.Market Share & Analysis
10.2.1. By Application
10.2.2. By Tonnage Capacity
10.2.3. By Fuel Type
11. Morocco Used Truck Market Analysis, 2015-2025F
11.1.Market Size & Analysis
11.1.1. Market Revenue
11.1.2. Units Sold
11.2. Market Share & Analysis
11.2.1. By Application
11.2.2. By Tonnage Capacity
11.2.3. By Fuel Type
12. Nigeria Used Truck Market Analysis, 2015-2025F
12.1.Market Size & Analysis
12.1.1. Market Revenue
12.1.2. Units Sold
12.2. Market Share & Analysis
12.2.1. By Application
12.2.2. By Tonnage Capacity
12.2.3. By Fuel Type
13. Africa Used Truck Market Policies, Regulations, Product Standards
14. Africa Used Truck Market Trends & Insights
15. Africa Used Truck Market Dynamics
16. Africa Used Truck Market Hotspot & Opportunities
17. Africa Used Truck Market Key Strategic Imperatives for Success & Growth
18. Competition Outlook
18.1. Competition Matrix
18.1.1. Product Portfolio
18.1.2. Brand Specialization
18.1.3. Target Markets
18.1.4. Target End Users
18.1.5. Research & Development
18.1.6. Strategic Alliances
18.1.7. Strategic Initiatives
18.2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)