MRO Magazine

Research and Markets: Executive Analysis of Nigerian Passenger Vehicle Market 2015 – Market is dominated by sedans and vans/pickups such as Toyota Camry and Honda Accord

September 28, 2015
By Business Wire News


Research and Markets ( has announced the addition of the “Executive Analysis of Nigerian Passenger Vehicle Market” report to their offering.

The passenger vehicle market in Nigeria has experienced significant growth in the recent years. The market is dominated by sedans and vans/pickups such as Toyota Camry and Honda Accord. Luxury cars constitute a small portion of new vehicle sales but the segment will grow the fastest in the coming years due to increasing disposable income of Nigerians.

The market is currently dominated by Japanese and South Korean original equipment manufacturers (OEMs). The new automotive policy is aimed at encouraging local production of vehicles and creation of jobs in the country which will help Nigeria become an automotive hub in West Africa.

Key Topics Covered:

1. Executive Summary

  • Key Findings

2. Research Scope and Timeline

3. Market Analysis

  • Business Environment
  • Industry Overview
  • Vehicle Models Assembled/Produced
  • Drivers and Restraints
  • National Automotive Policy
  • Powertrain Mix
  • Annual Sales
  • Annual Sales by Segment
  • Passenger Vehicles Parc Market Share
  • Leading Vehicle Brands
  • South African Passenger Vehicle Market Outlook

4. Key Conclusions & Predictions

  • Key Conclusions
  • Top 3 Predictions
  • Legal Disclaimer

5. Appendix

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Automotive