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The automotive market in India is forecasted to grow by USD 47.83 billion during 2022-2027, accelerating at a CAGR of 7.12% during the forecast period. The report on the automotive market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing middle-class population, advances in the field of automotive technology, and government initiatives and policies for easy automotive industry setup procedures.
The automotive market in India is segmented as below:
By Type
- Two-wheelers
- Passenger cars
- Commercial vehicles
- Three-wheelers
By Fuel Type
- Diesel
- Petrol
- CNG and LPG
- Electric
By Distribution Channel
- Offline
- Online
The report on the automotive market in India covers the following areas:
- Automotive market in India sizing
- Automotive market in India forecast
- Automotive market in India industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Fuel Type
8 Market Segmentation by Distribution Channel
9 Customer Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the automotive market in India: Bajaj Auto Ltd., Daimler Truck AG, Eicher Motors Ltd., Force Motors Ltd., Ford Motor Co., General Motors Co., Hero Motors Co., Hinduja Group Ltd., Hindustan Motors Ltd., Honda Motor Co. Ltd., Hyundai Motor Co., Kia Motors Corp., Mahindra and Mahindra Ltd., Nissan Motor Co. Ltd., Piaggio and C. Spa, Renault SAS, Suzuki Motor Corp., Tata Motors Ltd., TVS Motor Co. Ltd., and Volkswagen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in demand for electric vehicles."
According to the report, one of the major drivers for this market is the growing middle-class population.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bajaj Auto Ltd.
- Daimler Truck AG
- Eicher Motors Ltd.
- Force Motors Ltd.
- Ford Motor Co.
- General Motors Co.
- Hero Motors Co.
- Hinduja Group Ltd.
- Hindustan Motors Ltd.
- Honda Motor Co. Ltd.
- Hyundai Motor Co.
- KIA CORP.
- Mahindra and Mahindra Ltd.
- Nissan Motor Co. Ltd.
- Piaggio and C. Spa
- Renault SAS
- Suzuki Motor Corp.
- Tata Motors Ltd.
- TVS Motor Co. Ltd.
- Volkswagen AG
