PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1420253
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1420253
"Positive Trends in Tourism, Ride-sharing, Online Shopping, and the Restructuring of Business Reforms Will Stabilize the Egyptian Economy and Drive the Two-wheeler Market."
Egypt has faced political instability for the last 10 years. An authoritarian political agenda is restricting societal development and economic development. A complete change of political leadership and leadership style will benefit a sustainable recovery. Restructuring business reforms to enable private sector development will assist in the country's economic recovery.
Furthermore, the Russo-Ukrainian War and the Israel-Palestine conflict have had a significant impact on Egypt and its private sector. Developments in global financial markets and higher interest rates in developed markets have impacted Egypt's economy. In that sense, setting up alternative sources for essential supply trade can lower the impact of shortages. The privatization of select business entities can help build up economic recovery.
Electric two-wheelers (2W) are gaining traction in emerging and developing economies across the world. Industrial factories, the burning of waste, and automobile transportation are the major causes of pollution in Egypt. The country can establish net-zero targets to allow industries to adopt clean-energy vehicles as well as explore ethanol-based fuel to reduce automotive pollution's impact on the environment.
This report assesses the overall 2W market in Egypt comprising both internal combustion engine (ICE) and electric 2W (E2W). It seeks to examine the factors that are transforming the 2W space and how Egypt as a market is positioning itself to transition toward electric solutions. In that sense, the study dives into country analysis by looking at the macro factors with frameworks like PESTLE and SWOT, and identifies various market drivers.
This research service projects the overall growth in the market for both ICE and E2W and provides insights relating to the 2W segments by type, identifying the major players dominating the market in pricing and market share. Lastly, this study also provides a snapshot of the market opportunity providing cost analysis, opportunity by fuel type, an examination of business models, and analysis of various opportunities for EV products and solutions.