Nigeria Automotive Industry Analysis 2022: Lucrative Opportunities in Electric Vehicles, Shared Mobility, Autonomous Driving, and Connectivity -

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Nov 25, 2022 06:17 am

The "Nigeria Automotive Industry Analysis, 2022 - Market Outlook of Nigeria Passenger Cars, Commercial Vehicles, Electric Vehicles, Aftermarket, Shared mobility and Companies to 2030" report has been added to's offering.

The Nigeria automotive industry report provides detailed insights and outlook of Nigeria Passenger Cars, Commercial Vehicles, Electric Vehicles, Aftermarket, Shared mobility and Companies to 2030.

Nigeria Automotive Prospects, 2023

The Nigeria automotive market is witnessing steady growth in the post-pandemic period, with robust sales forecasts across the passenger cars and commercial vehicles segments. Emerging market trends including the foray of electric vehicles, shared mobility, autonomous driving, and connectivity offer strong growth opportunities for diversified businesses in the country.

The Nigeria automotive market outlook report presents detailed insights into Nigeria passenger car sales, Nigeria commercial vehicle sales, electric vehicles, automotive aftermarket services, new services, and key companies operating in the Nigeria automobile industry. In addition, the latest developments across Nigeria automotive industry value chain are also included in the research study.

Nigeria Automotive Market Dynamics- How will the Market Evolve by 2030?

With new market trends supporting the Nigeria automotive market transformation, the report presents long-term and sustainable strategic suggestions to exceed in the rapidly emerging market. The market study identifies the recent industry trends that will impact the Nigeria passenger cars and commercial vehicles Business environment. Further, the report provides key market dynamics including key trends, drivers, and challenges facing Nigeria automotive OEMs and aftermarket service providers.

Nigeria Automotive Industry Analysis - Priority Focus Areas

This year's analysis is based on data from 2017 to 2021, drawn from the proprietary databases of the publisher. The report analyzes the Nigeria automotive market share across types and applications during 2022. Further, each of the potential market types including one-time vehicle sales, aftermarket, shared mobility, and other services is forecast for 2030.

The Path Forward in Nigeria Automobile Industry

Nigeria automotive industry outlook identifies steady growth opportunities for industry stakeholders. As the COVID impact subsides and the borders re-open for trade, new opportunities emerge for manufacturers, importers, and distributors. The report provides three growth scenarios for the Nigeria automotive industry from 2023 to 2030- low growth case scenario, reference case, and high growth case scenarios.

2023 Prospects: Optimistic Outlook for Automotive companies

Leading three companies operating in Nigeria automotive industry are profiled in the report. Company profiles including business descriptions, SWOT profiles, financial analyses, and others are provided in the report.

Report Scope and Deliverables

Analyses drawn from our long-running research on 80+ automotive markets based on proprietary sources of data coupled with recent automotive industry insights from well-experienced analysts provide a comprehensive analysis of the Nigeria automotive markets.


  • Forecast Period- 2022 to 2030
  • Base Year for Estimation- 2021
  • Historical Period- 2017 to 2020
  • Units- Market Size in USD Million
  • Units- Sales in thousands


  • One-time Vehicle sales
  • Aftermarket
  • Shared mobility and other services


  • ICEs
  • EVs


  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Report USP

  • Growth Share Matrix
  • Country Attractiveness Index
  • Five Forces Analysis
  • Potential Drivers and Challenges
  • Trends and Opportunities over the forecast period to 2030
  • GDP and Demographic Insights


  • Excel, PDF, PPT, Hard Copy versions


  • The multi-client study can be customized to include more segments, companies of choice, and countries of interest
  • One Hour of Analyst time included with the purchase

Reasons to Buy

  • Track the industry developments and the evolution of market conditions
  • Understand the future challenges and opportunities in Nigeria automotive industry
  • Identify focus areas for OEMs and the potential growth opportunities
  • Gain insights into the different automotive market segments

Key Topics Covered:

1. Introduction and Key Insights

2. Nigeria Automotive Market Growth Perspective to 2030

3. Nigeria Automotive Market Forecasts to 2030

4. Navigating the Future: Nigeria Automotive Growth Forecasts across Three Scenarios

5. Nigeria Automotive Industry Turnover outlook, $ Million, 2020-2030

6. Nigeria Automotive Market Attractiveness Index

7. Nigeria Automotive- Country Benchmarking

8. Global and Regional Automotive Market Perspective to 2030

9. Company Profiles

10 Appendix

For more information about this report visit
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
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