Africa Internal combustion engine components Market (2021-2027) | Value, Outlook, Growth, Revenue, Analysis, COVID-19 IMPACT, Companies, Size, Forecast, Trends, Share & Industry
Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Low-speed Engine, Medium-speed Engine, High-speed Engine), By End-Users (Automotive, Marine, Aircraft), By Fuel (Petroleum, Natural Gas), By Component Types (Cylinder, Piston, Crankshaft, Others) And Competitive Landscape
| Product Code: ETC056075 | Publication Date: Jun 2023 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The African Internal Combustion Engine Components market size is expected to grow from USD XX million in 2021 to USD XX billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period 2021-2027. Factors such as increasing focus on vehicle electrification and stringent regulations regarding emissions are expected to drive the growth of the internal combustion engine components market in Africa. Additionally, advances in automotive technology have enabled better fuel economy and superior performance, which has resulted in an increased demand for efficient internal combustion engines across the continent.
Furthermore, government initiatives including subsidies and tax benefits offered on electric vehicles are anticipated to increase through 2025, as part of efforts towards reducing vehicular emissions and transitioning towards sustainable transportation solutions. This shift towards electric vehicles is likely to restrict some demand for traditional internal combustion engines over time; however these developments will create avenues for greater adoption of advanced technologies within IC engine components such as turbocharging systems or direct injection systems with improved efficiency ratings being one example that could provide further opportunities within this segment over time.
However, rising production costs due to high raw material prices may negatively impact revenue growth as OEMs opt for low cost alternatives while meeting quality standards set by governing bodies; this trend is more visible among mid-level automobile manufacturers who tend make budget friendly offerings targeting a larger consumer base. Additionally, difficulties posed by logistics operations owing largely due scarcity of reliable infrastructure present another challenge faced by players operating in this space particularly those looking at regional expansion plans beyond South Africa & North African markets which remain relatively well developed when it comes air/sea freight capabilities compared with Sub Saharan counterparts where road transport remains major mode shipment delivery services still lack adequate coverage even today.. Furthermore short warranty periods offered against parts sold also limit customer confidence thus restraining overall demand numbers certain extent all these factors combined together might restrain industry prospects near future making very difficult suppliers keep up current trends without adapting strategies suit changing environment
Key Market Trends:
Increasing Demand For Electric Vehicles In The Region: - With governments around Africa pushing forward their policies related to electric vehicles (EV), there has been an increase in EV sales across many countries on the continent like Kenya & Ethiopia . This shift away from ICE powered automobiles results into lower demand for IC engine components eventually leading slowdown manufacturing activities corresponding industries creating headwinds going forward . Therefore companies involved supply chain need reassess their businesses accordingly take necessary steps mitigate effects any changes would have existing business models ensuring continuity
Key Highlights of the Report:
- Africa Internal combustion engine components Market Outlook
- Market Size of Africa Internal combustion engine components Market, 2020
- Forecast of Africa Internal combustion engine components Market, 2027
- Historical Data and Forecast of Africa Internal combustion engine components Revenues & Volume for the Period 2017 - 2027
- Africa Internal combustion engine components Market Trend Evolution
- Africa Internal combustion engine components Market Drivers and Challenges
- Africa Internal combustion engine components Price Trends
- Africa Internal combustion engine components Porter's Five Forces
- Africa Internal combustion engine components Industry Life Cycle
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Type for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Low-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Medium-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By High-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Type for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Low-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Medium-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By High-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Type for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Low-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Medium-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By High-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Type for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Low-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Medium-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By High-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Type for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Low-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Medium-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By High-speed Engine for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By End-Users for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Automotive for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Marine for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Aircraft for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By End-Users for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Automotive for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Marine for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Aircraft for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By End-Users for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Automotive for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Marine for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Aircraft for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By End-Users for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Automotive for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Marine for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Aircraft for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By End-Users for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Automotive for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Marine for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Aircraft for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Fuel for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Petroleum for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Natural Gas for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Fuel for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Petroleum for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Natural Gas for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Fuel for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Petroleum for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Natural Gas for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Fuel for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Petroleum for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Natural Gas for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Fuel for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Petroleum for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Natural Gas for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Component Types for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Cylinder for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Piston for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Crankshaft for the Period 2017 - 2027
- Historical Data and Forecast of Africa Internal combustion engine components Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Component Types for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Cylinder for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Piston for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Crankshaft for the Period 2017 - 2027
- Historical Data and Forecast of South Africa Internal combustion engine components Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Component Types for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Cylinder for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Piston for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Crankshaft for the Period 2017 - 2027
- Historical Data and Forecast of Nigeria Internal combustion engine components Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Component Types for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Cylinder for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Piston for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Crankshaft for the Period 2017 - 2027
- Historical Data and Forecast of Kenya Internal combustion engine components Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Component Types for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Cylinder for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Piston for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Crankshaft for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Africa Internal combustion engine components Market Revenues & Volume By Others for the Period 2017 - 2027
- Africa Internal combustion engine components Market - Key Performance Indicators
- Africa Internal combustion engine components Market - Import Export Trade Statistics
- Africa Internal combustion engine components Market - Opportunity Assessment By Countries
- Africa Internal combustion engine components Market - Opportunity Assessment By Type
- Africa Internal combustion engine components Market - Opportunity Assessment By End-Users
- Africa Internal combustion engine components Market - Opportunity Assessment By Fuel
- Africa Internal combustion engine components Market - Opportunity Assessment By Component Types
- Africa Internal combustion engine components Market - Top Companies Market Share
- Africa Internal combustion engine components Market - Top Companies Profiles
- Africa Internal combustion engine components Market - Comparison of Players in Technical and Operating Parameters
- Africa Internal combustion engine components Market - Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Internal combustion engine components Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Internal combustion engine components Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Internal combustion engine components Market - Industry Life Cycle |
3.4 Africa Internal combustion engine components Market - Porter's Five Forces |
3.5 Africa Internal combustion engine components Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Internal combustion engine components Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 Africa Internal combustion engine components Market Revenues & Volume Share, By End-Users, 2020 & 2027F |
3.8 Africa Internal combustion engine components Market Revenues & Volume Share, By Fuel, 2020 & 2027F |
3.9 Africa Internal combustion engine components Market Revenues & Volume Share, By Component Types, 2020 & 2027F |
4 Africa Internal combustion engine components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Internal combustion engine components Market Trends |
6 Africa Internal combustion engine components Market, 2017 - 2027 |
6.1 Africa Internal combustion engine components Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 Africa Internal combustion engine components Market, Revenues & Volume, By End-Users, 2017 - 2027 |
6.3 Africa Internal combustion engine components Market, Revenues & Volume, By Fuel, 2017 - 2027 |
6.4 Africa Internal combustion engine components Market, Revenues & Volume, By Component Types, 2017 - 2027 |
7 South Africa Internal combustion engine components Market, 2017 - 2027 |
7.1 South Africa Internal combustion engine components Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 South Africa Internal combustion engine components Market, Revenues & Volume, By End-Users, 2017 - 2027 |
7.3 South Africa Internal combustion engine components Market, Revenues & Volume, By Fuel, 2017 - 2027 |
7.4 South Africa Internal combustion engine components Market, Revenues & Volume, By Component Types, 2017 - 2027 |
8 Nigeria Internal combustion engine components Market, 2017 - 2027 |
8.1 Nigeria Internal combustion engine components Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 Nigeria Internal combustion engine components Market, Revenues & Volume, By End-Users, 2017 - 2027 |
8.3 Nigeria Internal combustion engine components Market, Revenues & Volume, By Fuel, 2017 - 2027 |
8.4 Nigeria Internal combustion engine components Market, Revenues & Volume, By Component Types, 2017 - 2027 |
9 Kenya Internal combustion engine components Market, 2017 - 2027 |
9.1 Kenya Internal combustion engine components Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Kenya Internal combustion engine components Market, Revenues & Volume, By End-Users, 2017 - 2027 |
9.3 Kenya Internal combustion engine components Market, Revenues & Volume, By Fuel, 2017 - 2027 |
9.4 Kenya Internal combustion engine components Market, Revenues & Volume, By Component Types, 2017 - 2027 |
10 Rest of Africa Internal combustion engine components Market, 2017 - 2027 |
10.1 Rest of Africa Internal combustion engine components Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 Rest of Africa Internal combustion engine components Market, Revenues & Volume, By End-Users, 2017 - 2027 |
10.3 Rest of Africa Internal combustion engine components Market, Revenues & Volume, By Fuel, 2017 - 2027 |
10.4 Rest of Africa Internal combustion engine components Market, Revenues & Volume, By Component Types, 2017 - 2027 |
11 Africa Internal combustion engine components Market Key Performance Indicators |
12 Africa Internal combustion engine components Market - Opportunity Assessment |
12.1 Africa Internal combustion engine components Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Internal combustion engine components Market Opportunity Assessment, By Type, 2020 & 2027F |
12.3 Africa Internal combustion engine components Market Opportunity Assessment, By End-Users, 2020 & 2027F |
12.4 Africa Internal combustion engine components Market Opportunity Assessment, By Fuel, 2020 & 2027F |
12.5 Africa Internal combustion engine components Market Opportunity Assessment, By Component Types, 2020 & 2027F |
13 Africa Internal combustion engine components Market - Competitive Landscape |
13.1 Africa Internal combustion engine components Market Revenue Share, By Companies, 2020 |
13.2 Africa Internal combustion engine components Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |
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