Egyptian auto market to keep growth rate at around 40%. Local vehicles production increased in 2010 by 34% over 2009. Other carmakers represented there include volkswagen second largest, peugeot, hyundai fifth largest, nissan, and fiat. The role of the automobile industry in the economy of. Egypt automotive industry report 2016 research and markets april 05, 2017 01.
Automotive industry in argentina is the third largest in latin america the argentine automotive industry is regulated by the association of car manufacturers spanish. Ethiopia, kenya and nigeria 3 foreword the deloitte global automotive team has a leading presence in the automotive industry across the world, providing services to 80% of the fortune 500 automotive companies. Review of the automotive policy is expected during 2019 with higher emphasis on local content and employment of algerian nationals. The global automotive radiator market is expected to witness brisk growth over the forecast period owing to increasing demand for automotive heat exchangers. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Renault is the largest manufacturer with an estimated 25. Automotive industry and economy direct employment in the auto and parts production 2004 or latest available. General motors egypt gm egypt 39 toyota motor 40 nissan motor 41 regional overview 42 global industry overview 47 table. Egypt, nissan agree to produce 100,000 cars a year there have been reports of government plans to revive nasr automotive, which specialised in making local versions of fiat cars before it ceased.
This report as well as the attached excel sheet are the exclusive property of amic egypt and its members and should not be reproduced or. The government is looking to benefit the wider economy from developing the countrys automotive industry. Its main clients in egypt are ghabbour auto, general motors, nissan and toyota. The egyptian automotive industry developed under the countrys. Egyptian automotive manufacturers association eama data show total vehicle. Automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. Evolution of the egyptian automotive industry 20 2. The car industry in egypt has about 170 companies, including 19 companies that manufacture and assemble cars of all kinds, which include passenger cars, buses, micro and minibuses, and transport vehicles, and more than 150 companies engaged in the manufacture of a number of components of cars, according to kabil. Automotive industry market size, share, trends, growth. Automotive industry market predicted to grow at more than 7. Doc automotive industry in egypt shadwa zaher academia.
Egypt automotive industry analysis, data and forecasts from the eiu to support industry executives decisionmaking. Total exports by automotive sector, 200506 to 201011 21 table 2. Egypts domestic automotive industry shows promise egypt. Imports by the automotive sector, 200506 to 201011 20 table 2. Adefa is part of the international automobile manufacturers association based in paris. Egypts automotive industry is dominated by assembly based supply chains and hundreds of automotive feeding companies. The industry insight is distributed to all amcham members and is available without charge for the wider business community. Here are the political factors affecting the automotive industry safety regulations. Africa automotive market growth, statistics, industry. Passenger car sales, units, 2012 47 japan to contract, but us safe for now 48 europe over the worst49 even russia will hit the brakes 51 demographic forecast 54 demographic outlook 54 table. Automotive industry history, consumer goods industry. Processing, analyzing and presenting data in a useful way to amic egypt members. Apart from south africa, morocco, egypt and algeria, the automotive market in rest of the countries is considerably small in comparison.
Automotive industry news in egypt autos comment auto. Industry overview egypt boasts 26 automotive assembly plants of major car brands and is considered the fastest growing automobile market in the middle east and africa. Automotive radiator market size global industry trends. Estimated value added by the automotive sector, 200910 22.
This indiana plant, which produces 350,000 cars a year and employs 5,600 employees, sends nothing to the landfill, a first among automakers in north america. Executive summary of the study with focus on the future strategy. It mainly catered to egypt s small domestic market. Automotive feeding industry in egypt include, a large industrial base and expanded to serve about 20 major vehicles assembler and manufactures in egypt more than 375 companies registered in the general authority for industrial development is. According to various forecasts5 by 2030, the gross revenue of the auto industry is significantly increasing, and the industry will bring an additional income of 1. Geographical north africa is defined as algeria, egypt and morocco. A comprehensive overview of the automotive industry in egypt find manufacturers, dealers and the latest industry news. Inside the subaru automotive plant in lafayette in in july 2018. Algerias automotive industry is among the largest on the african continent together with south africa, egypt and morocco and can exceed 500,000 units a year. Vision formulation is an important phase in the process of designing and implementing.
Although automotive industry in egypt dated back to 1951, when ford motor. The increasing investment from the leading automakers in the african region, and incentives offered by the government are majorly driving the automotive market in morocco. It was a time period where the idea of cheap gas was shattered and the demand for more gas efficient cars increased. Sales of the egyptian car market hiked by around 40 percent in the first half of current year, compared to the same half of 2017. Morocco automotive industry market growth, statistics. Newspapers and other sources confidentiality clause. Supporting excellence in global automotive manufacturing take advantage of our unmatched quality and reliability for your most demanding manufacturing environments. Gathering macro economic and automotive industry news from. This increase has prompted the need for service centers with modern equipment. The opendoor policy of the seventies opened up the sector to joint ventures and imports with. Established in 2001, an authorized dealer for mercedesbenz passenger cars. Egypt automotive industry report 2016 research and.
Egypt is currently developing an alternative approach to revitalising its automotive assembly sector. The 15 car assembly factories and 75 facilities in supporting industries employ 75,000 workers and have the capacity to produce 300,000 cars and buses per year. The egyptian car industry resonates as a marker of prestige and selfsufficiency. Egypt automotive, car, vehicle analysis and data from the eiu. The industrys principal products are passenger automobiles and light trucks, including pickups, vans, and sport utility vehicles. Knuth machine tools is a worldwide leading supplier of machine tools and accessories 90 years of experience, quality and innovation. Strategic study to upgrade egypts automotive sector. The automotive industry in egypt has been developing for 50 years. The egyptian automotive industry developed under the countrys policy of import substitution industrialization isi.
However, it also holds more tangible benefits for the countrys economy. Strategic outlook of the light vehicle automotive sector. Deloitte africa automotive insights navigating the african. The moroccan automotive industry is expected to register a cagr of 5. Automotive manufacturing in egypt industry profile provides topline qualitative and quantitative summary information including. Egypt 233 242 4% 16 15 6% 2 228 7% 71 vietnam 174 236 36% 22 23 5% 423 1129 167% 50 bangladesh 84 118 40% 17 19 12% 99 152 53% 77. Evolving market dynamics, customer preferences and business strategies of industry leaders are included. By the year 2025, egypt will be a leading industrializing nation in the mena region in terms of industrial performance as well as a main export hub for mediumtechnology manufactured products.
The egyptian automotive market will maintain the growth rates achieved during the first half of 2018, former head of the automobile manufacturers association hassan mostafa said. Egypts integration into the global economy as a competitive player. Africas market is the most underdeveloped automobile market in the world. Egyptian strategy towards electric vehicles mih metallurgical. Recent trends in the global automotive industry 17 4. This statistic represents the strategies that were expected to generate growth in the automotive industry worldwide through 2019, according to a survey of automotive executives. The automotive industry in each of these countries is at a different level of development but in each holds substantial potential in the long term. In a series of reports, deloitte will monitor the development of the automotive. The auto aftermarket sector covers all franchise operations that maintain a car after purchase, such as oil changes and lubes. New technologies, changing consumer preferences and intensifying regulation will help reshape the automotive industry in the years ahead. We report daily on the latest automotive news, analysis and autos comment from egypt. The daily news egypt surveyed more than 40 industry experts including dealers, distributors and traders to discuss their vision for the future of the automotive industry. The auto industry and the environment and road safety. Deloitte africa automotive insights navigating the african automotive sector.
Strategic outlook of the light vehicle automotive sector in north. Omrons innovative and scalable solutions encompass input, output, logic, control, vision, safety, motion, robotics and more. Egypt automotive industry market research analysis. Established in 1976, mobicasupplies world class automotive furniture for oems such as bmw, nissan, gm, jeep, toyota, kia and hyundai by utilizing advanced technologies and management systems. Estimated investment in the automotive sector, 200001 to 200910 21 table 2. But it was not until 2004 that the egyptian automotive market began to expand exponentially, along with the local production of both assembled cars and. Increase in the automobile demand is perceived to play a vital role in shaping the automotive radiator market in the near future. Automotive market in egypt get industry insights simply.