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Hybrid & Electric Cars in India

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    Report

  • 54 Pages
  • May 2024
  • Region: India
  • MarketLine
  • ID: 5992473
Description Jump to:
Hybrid & Electric Cars in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The hybrid & electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
  • The Indian hybrid & electric cars market recorded revenues of $4.95 billion in 2023, representing a compound annual growth rate (CAGR) of 111.2% between 2018 and 2023.
  • Market production volume increased with a CAGR of 130.2% between 2018 and 2023, to reach a total of 185,927 units in 2023.
  • India held a 1.1% market share in the hybrid & electric car market in the Asia-Pacific market in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in India
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in India
  • Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the India hybrid & electric cars market with five year forecasts

Reasons to Buy

  • What was the size of the India hybrid & electric cars market by value in 2023?
  • What will be the size of the India hybrid & electric cars market in 2028?
  • What factors are affecting the strength of competition in the India hybrid & electric cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up India's hybrid & electric cars market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Tata Motors Limited
8.2. BYD India Pvt Ltd
8.3. Toyota Motor Corporation
8.4. Hyundai Motor India Ltd
8.5. Volkswagen AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: India hybrid & electric cars market value: $ million, 2018-23
Table 2: India hybrid & electric cars market volume: units, 2018-23
Table 3: India hybrid & electric cars market category segmentation: % share, by value, 2018-2023
Table 4: India hybrid & electric cars market category segmentation: $ million, 2018-2023
Table 5: India hybrid & electric cars market geography segmentation: $ million, 2023
Table 6: India hybrid & electric cars market value forecast: $ million, 2023-28
Table 7: India hybrid & electric cars market volume forecast: units, 2023-28
Table 8: Tata Motors Limited: key facts
Table 9: Tata Motors Limited: Annual Financial Ratios
Table 10: Tata Motors Limited: Key Employees
Table 11: BYD India Pvt Ltd: key facts
Table 12: Toyota Motor Corporation: key facts
Table 13: Toyota Motor Corporation: Annual Financial Ratios
Table 14: Toyota Motor Corporation: Key Employees
Table 15: Toyota Motor Corporation: Key Employees Continued
Table 16: Hyundai Motor India Ltd: key facts
Table 17: Hyundai Motor India Ltd: Key Employees
Table 18: Volkswagen AG: key facts
Table 19: Volkswagen AG: Annual Financial Ratios
Table 20: Volkswagen AG: Key Employees
Table 21: Volkswagen AG: Key Employees Continued
Table 22: Volkswagen AG: Key Employees Continued
Table 23: India size of population (million), 2019-23
Table 24: India gdp (constant 2005 prices, $ billion), 2019-23
Table 25: India gdp (current prices, $ billion), 2019-23
Table 26: India inflation, 2019-23
Table 27: India consumer price index (absolute), 2019-23
Table 28: India exchange rate, 2019-23
List of Figures
Figure 1: India hybrid & electric cars market value: $ million, 2018-23
Figure 2: India hybrid & electric cars market volume: units, 2018-23
Figure 3: India hybrid & electric cars market category segmentation: $ million, 2018-2023
Figure 4: India hybrid & electric cars market geography segmentation: % share, by value, 2023
Figure 5: India hybrid & electric cars market value forecast: $ million, 2023-28
Figure 6: India hybrid & electric cars market volume forecast: units, 2023-28
Figure 7: Forces driving competition in the hybrid & electric cars market in India, 2023
Figure 8: Drivers of buyer power in the hybrid & electric cars market in India, 2023
Figure 9: Drivers of supplier power in the hybrid & electric cars market in India, 2023
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in India, 2023
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in India, 2023
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in India, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Tata Motors Limited
  • BYD India Pvt Ltd
  • Toyota Motor Corporation
  • Hyundai Motor India Ltd
  • Volkswagen AG

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