India Automotive Industry Analysis Report: Market Trends, Drivers and Restraints, Demand and Outlook, Import/ Export Data, Revenue, Sales Overview with COVID-19 impact | Forecast Period 2017-2030

India Automotive Industry Outlook 2017-2030

Market Overview

Indian automotive industry is among the largest automotive industries across the globe. The India automotive industry accounts for 7.1% of the country's total Gross Domestic Product (GDP). Two wheelers market is the major segment in the Indian automobile market with approximately 80% market share, owing to a growing middle class and a young population in the country. Moreover, the market players are now exploring the rural markets of the country which has been further augmenting the growth of Indian automobile industry growth. On the other hand, passenger vehicles segment accounts for about 15% of total automobile industry of the country. India is also a flourishing automobile exporter to its neighboring countries such as Africa, Bangladesh and Sri Lanka among others and also has robust export progression prospects for the nearby future. Total automobile trades grew 13.01 per cent year-on-year from 2016 to 2017. Additionally, the India automotive industry is anticipated to observe major changes in the form of electric vehicles (EVs), shared mobility, Bharat Stage-VI emission and safety norms which will significantly influence the growth of automobile industry in the country.

Goldstein Market Intelligence analyst forecast the automobile Industry in India is likely to grow at a CAGR of +12% during the forecast period 2017-2030. Moreover, Indian automotive industry sales of passenger vehicles and two wheelers up surged by 5.3% and 40.31% year-on-year respectively, in December 2017. Further, total automobile exports grew by 13.0% year-on-year between April-December 2017.

Covered in This India Automotive Industry Market Report

The report covers the present ground scenario and the future growth prospects of the India automotive industry for 2017-2030 along with the total sales of automobiles in the country and the total revenue from aftermarkets, service providers and automotive components industry. We calculated the market size and revenue share on the basis of revenue generated from the sales of automobile and component manufacturers across the India. The Indian automobile industry is also compared with its peer countries in the region for enhanced understanding of the present position of the industry. Further, regional and global trends in automotive industry are also comprised in the research publication.

Key Issues Addressed

• The role of economic and business environment on automotive market sales
• What are growing technology and business trends?
• What is the growth potential of India passenger cars and commercial vehicles?
• How are consumer preferences changing in the country?
• How is the India automobile industrys structured?
• Who are key market leaders and what is their market share?

India Automotive Industry Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the India automotive industry market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. India automotive industry report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

COVID-19 impact on "India Automotive Industry"

The report analyses and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "India Automotive Industry" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

Our India Automotive Industry report comprises of the following companies as the key players in the India automotive industry: Tata Motors, Maruti Suzuki India Limited, Volkswagen India, Toyota Kirloskar Motor, Nissan Motor India, Renault India and Ford India, Mercedes-Benz, The Volvo Group, Jaguar Land Rover, Audi AG, BMW, TVS Motor Company, Honda Motor Company Ltd., Hero Motocorp Ltd., Ashok Leyland, Eicher Motors Limited, Bajaj Auto Limited, The Bosch Group, Dunlop Rubber, CEAT, JBM Group, Minda Industries Limited, Bharat Forge Ltd., The Amtek Group, Mahindra and Mahindra Limited and Motherson Sumi Systems.

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.

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Key questions answered in this India Automotive Industry market report

• What is the total market size by 2030 and what would be the expected growth rate of sales?
• What are the total sales in 2017-18 (Units) and what would be the expected demand over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for India automotive industry
• Develop strategies based on the latest regulatory framework
• Position yourself to gain the maximum advantage of the India automotive industry growth potential
• Identify key partners and business development avenues across the country
• Respond to your competitors’ business structure, strategy and prospects