DUBLIN--(BUSINESS WIRE)--Jul 12, 2018--The "Africa Passenger Car Market By Vehicle Type (Hatchback, Sedan and SUV), By Engine Capacity (Upto 1000cc, 1001-1500cc and Above 1500cc), By Fuel Type (Diesel, Gasoline and Others), By Country, Competition Forecast & Opportunities, 2013-2023" report has been added to ResearchAndMarkets.com's offering.

According to Africa Passenger Car Market By Vehicle Type, By Engine Capacity, By Fuel Type, By Country, Competition Forecast & Opportunities, 2013-2023 passenger car market is projected to surpass $ 19 billion by 2023 in Africa.

Growth in the market is led by rising disposable income and prevalence of poor public transportation system across the region. Moreover, with gradual and continuous improvements in road infrastructure across the African continent, demand for passenger cars for private transportation if expected to grow during the forecast period.

In addition, stabilizing crude oil prices and improving economic scenarios of several major economies in the region is anticipated to positively influence passenger car market in Africa during the forecast period.

Companies Mentioned

Toyota Motor Corporation Volkswagen AG Renault SA Hyundai Motor Company Ford Motor Company Nissan Motor Corporation General Motors Company BMW AG Audi AG Honda Motor Co. Ltd.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Voice of Customer

5. Africa Passenger Car Market Outlook

6. Market Dynamics

7. Market Trends & Developments

8. Competitive Landscape

9. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/7rn5jv/africa_passenger?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180712005290/en/

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Related Topics:Cars

KEYWORD: AFRICA

INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/12/2018 05:01 AM/DISC: 07/12/2018 05:01 AM

http://www.businesswire.com/news/home/20180712005290/en