Automotive Market in India size was accounted for 3.73 Mn Vehicles in 2021. Two Wheelers, one of the segments reviewed in our report is dominating the market.
Automotive Market Overview:
With 3.49 million units sold in the passenger and commercial vehicle categories combined in 2020, India was the fifth-largest auto market. In 2019, it was the seventh-largest commercial vehicle manufacturer. Owing to a growing middle class and a young population, the two-wheeler category dominates the market in terms of volume. Furthermore, the increased interest of businesses in investigating rural markets boosted the sector’s expansion.
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Market Scope:
The Global Automotive market Report provides a comprehensive analysis of the market, covering data on several factors such as constraints, opportunities, drivers, and threats. The report provides the most up-to-date research on the current global market development plan, as well as the pre- and post-Covid-19 scenarios. It also provides a comprehensive analysis of the market’s size based on end-user applications, products, kinds, trends, and major geographic areas.
Segmentation:
by Vehicle Type
• Passenger Vehicles
• Commercial Vehicles
• Electric Cars
• Two Wheelers
• Three Wheelers
by Type
• Petrol Operated
• Diesel operated
• Electric cars
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Key Players: the key players are
• Tata Motors Ltd
• Maruti Suzuki India Ltd
• Mahindra & Mahindra Ltd
• Hero MotoCorp Ltd
• Bajaj Auto Ltd
• Ashok Leyland Ltd
• TVS Motor Company Ltd
• Eicher Motors Ltd
• Force Motors Ltd
• SML ISUZU Ltd.
• Honda Motor Co., Ltd.
• Hyundai Motor India
• Daimler AG
• Piaggio & C.S.p.a.
• Toyota Motor Corporation
• Volkswagen AG
• AB Volvo
Regional Analysis:
The report has assessed the global Automotive market in the following regions:
- America, North (the United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
The report also includes the following:
- The analysis looks at how the Automotive market is expected to grow in the future. Using Porter’s five forces analysis to examine several perspectives on the Automotive market
- Analyzing the product type that is most likely to dominate the market and the regions that are most likely to see rapid growth throughout the projected period
- Identify new advancements, Automotive market shares, and the leading market players’ strategies.
Key Questions answered in the Automotive Market Report are:
- Which key trends are likely to emerge in the Automotive market in the forecast period?
- What will be the Automotive market size by 2029?
- Which company had the biggest share in the Automotive market in 2020?
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