Africa Used Trucks Market size is estimated to grow at a CAGR of around 5.6% during the forecast period, i.e., 2024-30.
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Key Findings of the Study: Africa Used Trucks Market
Africa Used Trucks Market Challenge: Lack of Reliable Maintenance Network Hindering Market Growth
Maintenance is necessary for the efficient operation of used trucks, especially considering the harsh roads and inadequate infrastructure that can lead to more wear and tear and shorten the lifespan of the trucks. To keep the downtime short, regular maintenance is necessary. That raises concerns about the availability of genuine spare parts. Availability of spare parts can be a concern for old or lesser-known models. Moreover, there is a lack of skilled mechanics who can perform maintenance on the used trucks. They are scarce which leads to a longer downtime and increases the operational costs for the owner.
Moreover, the irregularities in the import and export laws of different countries of the continent hinder the availability of parts even further. Restrictions on the import of certain trucks or parts and different emission norms make it difficult to establish a consistent supply chain. Thus, the absence of a well-established maintenance network obstructs the growth & development of the key players in the African used truck industry.
Scope of the Report and Africa Used Trucks Market Segmentation
By Type
-Skid Steer
-Compact Track Loader
By Application
-Construction
-Mining
-Logistics
- Used trucks in Africa find various applications across all sectors such as agriculture, construction, mining, goods transportation, waste management, etc.
By Tonnage Capacity
-3.5 tons to 7.5 tons
-57.6 tons to 16 tons
-5Above 16 tons
By Fuel Type
-Diesel
-Petrol
Top leading companies in the Africa Used Trucks Market includes:
Scania AB, AB Volvo, Renault, Isuzu Motors Limited, Man Truck & Bus, Tata Motors Limited, Ashok Leyland Limited, Daimler AG, Mercedes Benz, Hyundai
Africa Used Trucks Market Development
- 2023: Morocco receives the first large electric truck from Volvo Trucks. This is the first big battery-electric truck from a multinational manufacturer to be used for commercial purposes in Africa, and the customer is the refuse collection organization Arma.
- 2023: Daimler Trucks introduced an online parts store. This click-and-collect system allows customers to purchase over 400 parts online, including oil, batteries, service, and wear and tear components, for pick-up within 24 hours at their chosen dealership.
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Geographical analysis:
Algeria
Ethiopia
Tanzania
Egypt
South Africa
Morocco
Nigeria
- South Africa dominates the African Used Trucks Market due to factors such as a diverse economy which includes sectors such as agriculture, mining, and others, and various truck manufacturing companies setting their headquarters in the country.
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