Nigeria Car Manufacturing Market Summary, Competitive Analysis and Forecast, 2017-2026
Nigeria Car Manufacturing Market Summary, Competitive Analysis and Forecast, 2017-2026
SUMMARY
Car Manufacturing in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Car Manufacturing in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-21, and forecast to 2026). 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 $14.2 million in 2021, representing a compound annual growth rate (CAGR) of -3.1% between 2016 and 2021.
- Industry production volumes declined with a CAGR of -6.4% between 2016 and 2021, to reach a total of 1,400 units in 2021.
- Car manufacturing in Nigeria declined by 40% in volume terms in 2020 amid the COVID-19 pandemic.
- 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
- What was the size of the Nigeria car manufacturing market by value in 2021?
- What will be the size of the Nigeria car manufacturing market in 2026?
- 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?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
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. 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. Market share
7.2. Who are the leading players?
7.3. How are strategic alliances used by the leading companies?
7.4. How is new technology opening up competition?
7.5. How are leading players progressing in the hybrid and electric cars segment?
7.6. What impact did the COVID-19 pandemic have on leading players?
8 COMPANY PROFILES
8.1. Hyundai Motor Company
8.2. Ford Motor Company Limited
8.3. Innoson Vehicle Manufacturing Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
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. 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. Market share
7.2. Who are the leading players?
7.3. How are strategic alliances used by the leading companies?
7.4. How is new technology opening up competition?
7.5. How are leading players progressing in the hybrid and electric cars segment?
7.6. What impact did the COVID-19 pandemic have on leading players?
8 COMPANY PROFILES
8.1. Hyundai Motor Company
8.2. Ford Motor Company Limited
8.3. Innoson Vehicle Manufacturing Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
LIST OF TABLES
Table 1: Nigeria car manufacturing industry value: $ billion, 2017-21
Table 2: Nigeria car manufacturing industry volume: thousand units, 2017-21
Table 3: Nigeria car manufacturing industry geography segmentation: $ billion, 2021
Table 4: Nigeria car manufacturing industry value forecast: $ billion, 2021-26
Table 5: Nigeria car manufacturing industry volume forecast: thousand units, 2021-26
Table 6: Nigeria car manufacturing industry share: % share, by volume, 2021
Table 7: Hyundai Motor Company: key facts
Table 8: Hyundai Motor Company: Annual Financial Ratios
Table 9: Hyundai Motor Company: Key Employees
Table 10: Ford Motor Company Limited: key facts
Table 11: Ford Motor Company Limited: Key Employees
Table 12: Innoson Vehicle Manufacturing Co Ltd: key facts
Table 13: Innoson Vehicle Manufacturing Co Ltd: Key Employees
Table 14: Nigeria size of population (million), 2017-21
Table 15: Nigeria gdp (constant 2005 prices, $ billion), 2017-21
Table 16: Nigeria gdp (current prices, $ billion), 2017-21
Table 17: Nigeria inflation, 2017-21
Table 18: Nigeria consumer price index (absolute), 2017-21
Table 19: Nigeria exchange rate, 2017-21
Table 1: Nigeria car manufacturing industry value: $ billion, 2017-21
Table 2: Nigeria car manufacturing industry volume: thousand units, 2017-21
Table 3: Nigeria car manufacturing industry geography segmentation: $ billion, 2021
Table 4: Nigeria car manufacturing industry value forecast: $ billion, 2021-26
Table 5: Nigeria car manufacturing industry volume forecast: thousand units, 2021-26
Table 6: Nigeria car manufacturing industry share: % share, by volume, 2021
Table 7: Hyundai Motor Company: key facts
Table 8: Hyundai Motor Company: Annual Financial Ratios
Table 9: Hyundai Motor Company: Key Employees
Table 10: Ford Motor Company Limited: key facts
Table 11: Ford Motor Company Limited: Key Employees
Table 12: Innoson Vehicle Manufacturing Co Ltd: key facts
Table 13: Innoson Vehicle Manufacturing Co Ltd: Key Employees
Table 14: Nigeria size of population (million), 2017-21
Table 15: Nigeria gdp (constant 2005 prices, $ billion), 2017-21
Table 16: Nigeria gdp (current prices, $ billion), 2017-21
Table 17: Nigeria inflation, 2017-21
Table 18: Nigeria consumer price index (absolute), 2017-21
Table 19: Nigeria exchange rate, 2017-21
LIST OF FIGURES
Figure 1: Nigeria car manufacturing industry value: $ billion, 2017-21
Figure 2: Nigeria car manufacturing industry volume: thousand units, 2017-21
Figure 3: Nigeria car manufacturing industry geography segmentation: % share, by value, 2021
Figure 4: Nigeria car manufacturing industry value forecast: $ billion, 2021-26
Figure 5: Nigeria car manufacturing industry volume forecast: thousand units, 2021-26
Figure 6: Forces driving competition in the car manufacturing industry in Nigeria, 2021
Figure 7: Drivers of buyer power in the car manufacturing industry in Nigeria, 2021
Figure 8: Drivers of supplier power in the car manufacturing industry in Nigeria, 2021
Figure 9: Factors influencing the likelihood of new entrants in the car manufacturing industry in Nigeria, 2021
Figure 10: Factors influencing the threat of substitutes in the car manufacturing industry in Nigeria, 2021
Figure 11: Drivers of degree of rivalry in the car manufacturing industry in Nigeria, 2021
Figure 12: Nigeria car manufacturing industry share: % share, by volume, 2021
Figure 1: Nigeria car manufacturing industry value: $ billion, 2017-21
Figure 2: Nigeria car manufacturing industry volume: thousand units, 2017-21
Figure 3: Nigeria car manufacturing industry geography segmentation: % share, by value, 2021
Figure 4: Nigeria car manufacturing industry value forecast: $ billion, 2021-26
Figure 5: Nigeria car manufacturing industry volume forecast: thousand units, 2021-26
Figure 6: Forces driving competition in the car manufacturing industry in Nigeria, 2021
Figure 7: Drivers of buyer power in the car manufacturing industry in Nigeria, 2021
Figure 8: Drivers of supplier power in the car manufacturing industry in Nigeria, 2021
Figure 9: Factors influencing the likelihood of new entrants in the car manufacturing industry in Nigeria, 2021
Figure 10: Factors influencing the threat of substitutes in the car manufacturing industry in Nigeria, 2021
Figure 11: Drivers of degree of rivalry in the car manufacturing industry in Nigeria, 2021
Figure 12: Nigeria car manufacturing industry share: % share, by volume, 2021
