"Electric Revolution: The Rise of EVs in India's Automotive Market"


Posted February 22, 2024 by Rishikesh

Increasing government initiative for using electric vehicle are expected to drive a huge demand for the automotive market in India as the Make in India and Atmanirbhar Bharat initiative are ongoing in India.

 
The Automotive Market in India was accounted for 3.99 Mn units in 2023 and the market is expected to reach 6.38 Mn units at a CAGR of 6.94 % by 2030.



Automotive india Market Overview
The study delves into the current revenue trends and market dynamics of the Automotive india industry, offering a comprehensive definition and structural overview. Meticulously compiled primary and secondary data ensure the authenticity and accuracy of this industry report.



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Automotive india Market Report Scope and Research Methodology

This report presents the latest trends within each sub-segment, coupled with revenue growth analysis at local, regional, and global scales. It furnishes a thorough depiction of the Automotive india industry, incorporating both qualitative and quantitative data. Analysts have meticulously examined global trends, including vital statistics regarding the market standing of Automotive india competitors. Moreover, the report conducts a detailed region-wise and segment-wise analysis of market dynamics, encompassing drivers, restraints, opportunities, and challenges, serving as an invaluable guide for investors. Additionally, a SWOT analysis is provided to discern the strengths and weaknesses of key players in the Automotive india industry.

Automotive india Market Regional Insights

- North America: the United States, Canada, and Mexico
- Europe: the United Kingdom, Germany, France, Spain, Italy, and the rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN countries, and the rest of APAC
- South America: Brazil
- Middle East and Africa

For each of these countries, the report provides insights into market size, growth rate, and import-export data.

Automotive india Market Segmentation

by Vehicle Type

Passenger Vehicles
Hatchbacks
Mini Hatchback
Small Hatchback
Sedans
SUVs
MUVs/ MPVs
Other
Commercial Vehicles
Truck
Bus
Light Commercial Vehicle (LCV)
Others
Two Wheelers
Motorcycles
Scooters
Electric Bikes
Three Wheelers
Auto Rickshaws
Goods Carriers
Others


by Type

Petrol
Diesel
Electric cars
Others


Automotive india Market Key Players

1. Tata Motors Ltd
2. Maruti Suzuki India Ltd
3. Mahindra & Mahindra Ltd
4. Hero MotoCorp Ltd
5. Bajaj Auto Ltd
6. Ashok Leyland Ltd
7. TVS Motor Company Ltd
8. Eicher Motors Ltd
9. Force Motors Ltd
10. SML ISUZU Ltd.
11. Honda Motor Co., Ltd.
12. Hyundai Motor India
13. Daimler AG
14. Piaggio & C.S.p.a.
15. Toyota Motor Corporation
16. Volkswagen AG
17. AB Volvo

Know More About The Report:https://www.maximizemarketresearch.com/market-report/automotive-market-in-india/86126/


Key Questions Addressed in the Automotive india Market Report:

- What is Automotive india ?
- What is the expected Compound Annual Growth Rate (CAGR) of the Automotive india market during the forecast period?
- What is the anticipated Automotive india market size by the end of the forecast period?
- Who are the prominent players in the Automotive india market?

Key Offerings:
- Historical Market Size and Competitive Landscape 2024-2030
- Historical Pricing and Price Curve by Region 2024-2030
- Market Size, Share, and Forecast by Different Segments | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – Detailed Analysis by Segments and Sub-segments, Across Regions


More about the report:https://www.maximizemarketresearch.com/market-report/automotive-market-in-india/86126/

About Maximize Market Research:
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Last Updated February 22, 2024