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Egypt Two-Wheeler Markets 2020-2024 - Growth in the Market to be Driven by Last-mile Logistics Services and New Women Riders
Dublin, Feb. 01, 2021 (GLOBE NEWSWIRE) -- The "Innovative Business Models Transforming the Egyptian Two-Wheeler Market, 2024" report has been added to ResearchAndMarkets.com's offering.
This report provides an overview of Egypt's two-wheeler industry, with snapshots of production and other key elements related to the industry. It discusses how the aforementioned parameters will affect the growth of the industry.
Egypt is one of the fastest-growing and most resilient markets in the African continent. In 2019, it was the 45th largest economy and experienced significant economic advancement owing to a considerable reduction in unemployment and inflation.
The country's GDP also increased by 5.6% to $302.3 billion between 2018 and 2019 with the industrial sector accounting for the largest portion of GDP at 27.9%. The growth is expected to remain constant for the next 3 to 4 years, promoting increased consumption in the economy. Furthermore, Egypt was the largest foreign direct investment (FDI) recipient amongst African economies, which provided the country much-needed employment and growth.
The factors that have brought about economic change in the country are also key drivers for the growth of the two-wheeler industry in Egypt.
The two-wheeler industry in Egypt is considered to hold high potential due to the following reasons:
The low penetration rate of these types of vehicles
Increasing cost of fuel and thereby operation
Increasing urban congestion, especially in big cities like Cairo and Alexandria
The high cost of passenger cars and associated financing costs
The low median age of only 25; the young people of the country are interested in low cost and private transportation
More than 40% of the population living in urban centers
Massive growth in startups providing last-mile delivery services
It will also provide the following:
Market segmentation
Key growth drivers that will drive current and future sales in the country
Key challenges that are currently restraining growth
An economic, social, political, and demographic overview of the country
Key government regulations defining the industry and the market
Percentage split between different type of vehicles in the market including commercial vehicles, passenger vehicles, and two-wheelers
Different applications of two-wheelers in the market with percentage splits between personal and commercial usage
Key brand profiles of OEMs in the country with model information including specification, pricing, and key insights
Analysis of models from different countries that are available in the market
Insights into key startups and their impact on two-wheeler sales
Case studies of companies that employ two-wheelers as their prime mode of transportation
Brief insights into three-wheelers in the market
Future of two-wheelers in the market in terms of growth opportunities and sales forecasts
Horizon insights for these type of vehicles
Expectations in terms of future vehicle strategies, especially for electric vehicles
Key conclusions and takeaways
Key Topics Covered:
1. Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on Egypt's 2W Industry
Growth Opportunities Fuel the Growth Pipeline Engine
2W Market Overview in Egypt
2W Market and OEM Segmentation
Growth Drivers for Egypt 2W Market
Growth Restraints for Egypt 2W Market
2. Geographic and Economic Overview-Egypt
Egypt Economy-Overview
Political and Economic Outlook
Economic Overview
Gross Domestic Product
GDP Per Capita
Foreign Direct Investment (FDI)-Egypt
Egypt Demographic-Overview
Population Overview
Usage of Internet-Egypt
Growth in Manufacturing-Egypt
3. Key Insights into the Egypt 2W Market
Key Findings
Key Government Regulations
2W Market in Egypt
2W Market in Egypt-Current Usage Practices
2W Market in Egypt-Market Share
Key Brand Profiles in Egypt
Key Brand Profiles
Egypt 2W Market-Country Comparison
Key Mobility Startups-Egypt
Food Delivery-Egypt
Case Study-Halan, Egypt
Three-wheeler Market-Egypt
Future 2W Market in Egypt-Key Parameters
Future 2W Market in Egypt-Forecast
Future of 2W Business in Egypt-Horizon 2024
4. Growth Opportunity Analysis
Growth Opportunity 1: Growth in Last-mile Delivery Services can Lead to Introduction of New Business Models & Collaborations, 2020
Growth Opportunity 2: The Growing Number of Women Riders is Expected to Drive the Growth of 2-wheelers, 2020
For more information about this report visit https://www.researchandmarkets.com/r/y8tr32
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