Nairobi, Kenya, March 15, 2017 --(PR.com
)-- Demand for automotive spare parts and components in Africa is growing at a rate of 11% year-on-year and will be worth $15.3 billion by 2020. The double digit demand for aftermarket automotive products on the continent is being primarily led by Kenya, Tanzania and Ethiopia.
Autoexpo Kenya 2017 is being supported by the East African Chamber of Commerce, Industry and Agriculture (EACCIA) while the main sponsors for the event are RMA Motors, the official dealer for Jaguar Land Rover vehicles in Kenya.
At Autoexpo Kenya 2017, trade visitors will have the opportunity to visit local and international suppliers from over 30 countries showcasing the latest in auto accessories, components and spare parts. Exhibitors at the event include Petrovoll from UAE (engine oil lubricants), FIDEA from Italy (auto refinishing products), ASIMCO from UAE (engine, suspension and brake parts), Welte Group from Germany (drive shafts), TEMAC from Italy, (truck spare parts), Autochemie Bitterfeld from Germany (motor oils, lubricants and antifreezes), Hiview International from Kenya (auto tyres) and Shark Brakes from India (brake linings, pads, shoes, rivets and suspension parts for trucks and trailers).
Chinese auto suppliers have more than doubled their exports to Africa since 2010, with revenue from the continent crossing $1 billion. The country’s presence at the event is underlined by a Chinese Pavilion comprising over 50 automotive firms. A Pakistan Pavilion will be an added feature at this year’s event.
“There is a huge growth potential for the African automotive aftermarket. With close to 25 million vehicles on the road in Africa today, there is a demand for over $8 billion worth of spares and accessories each year,” said Max Lewis, Director of Sales for Expogroup, the organiser of the show for the last 20 years.
“One look at this year’s line up and you know how serious the global auto industry is about East Africa. It’s very encouraging to see so many big names participate, both new firms and returning exhibitors. It’s a testament to the growing importance of Autoexpo in the industry, both regionally and globally,” said Neville Trindade, Exhibition Manager for Expogroup.
Delegates will also be able to attend a variety of B2B networking events, aimed at bringing together global suppliers and local dealers to build new professional relationships, strengthen existing ones and discuss the latest trends and products dominating the global automotive market.
For more information and to participate at Autoexpo Kenya 2017 please visit: www.expogr.com/kenyaauto