India Automotive After Market worth US$ 32 Bn by 2027 with 14 % CAGR during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. To know about the Research Methodology:-Request Free Sample Report Vibrant automotive sector and increasing vehicle ownership of new and used vehicles in semi-urban and rural markets are driving demand for auto components in India. Growing working population, expanding middle class has led to an exponential rise in the number of vehicles. India’s car market has the potential to grow over 6 Mn units annually by 2020, this will result in an increase in demand for automotive parts by 2027. India is targeting the deployment of 5-7 million electric vehicles in the country by 2020 under the National Electric Mobility Mission Plan (NEMMP) 2020.
India Automotive After Market Segment Analysis:The selling of bogus goods and products under the name of reputed brands is bringing a huge financial loss to the original brands but also posing a great risk to the Indian economy. Smooth transition to the electronic powertrain is one of the vital challenges for the Indian auto after-market sector in the forecast. For small players in the segment, it would be the biggest challenge to technologically adapt themselves for EVs. Also with BS IV implementation, the real challenge for auto after-makers would be to technologically upgrade themselves to manufacture components complying with BS VI standards. Among products types, tire accounted for 80 % share followed by lighting & electronic component and Brake parts. Tires are an essential part of the vehicle, ensuring tires condition is essential for the vehicle’s safety as it helps to improve gas mileage and performance. Increased consumer awareness, the adoption of new tire technology in spite of higher costs are considerably greater in the passenger vehicle (PV) segment. The offline segment led the market in 2019. But, e-retailing of auto component is foreseen to gain popularity as it offers freedom of choice, price comparison, multi-product selection, convenience and 24/7 service. At present, online retailing is dominated by accessories. In 2019, the online auto aftermarket in India was estimated at around $130 million and is expected to increase at a CAGR of 7 %. There are huge opportunities in the B2B space due to the speedy growth of organized and independent workshops and customers being positively disposed towards them.
India Automotive After Market Regional Analysis:The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding India Auto Aftermarket Market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to emerging segment in India Auto Aftermarket Market.
India Automotive After Market, Key Highlights:• India Automotive After Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the India Automotive After Market • India Automotive After Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • India Automotive After Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • India Automotive After Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the India Automotive After Market are also profiled. The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
Scope of the India automotive aftermarket: Inquire before buying
India automotive aftermarket, by product:• Tire • Battery • Brake parts • Filters • Body parts • Lighting & electronic components • Wheels • Exhaust components • Turbochargers • Others
India automotive aftermarket, by End Users Type• Service Providers • Independent Workshops • Automotive OEM Workshop
India automotive aftermarket, by Distribution Channels• Offline Distribution Channel • Online Distribution Channel
India Automotive After Market, Key Players• Tata Auto Component Systems • Minda Industries Limited • Continental AG • 3M • Delphi Automotive PLC • Denso Corporation • Federal-Mogul Corporation • Magneti Marelli S.p.A. • Goodyear Tire & Rubber Company • ZF Friedrichshafen AG • COOPER TIRE & RUBBER COMPANY • Robert Bosch GmbH. • thyssenkrupp • Volkswagen India • Daimler AG • Genpact Global Thick Film Resistor Market
India Auto Aftermarket Market1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 22.214.171.124. Secondary data 126.96.36.199. Secondary Sources 2.3.2. Primary Research 188.8.131.52. Data from Primary Sources 184.108.40.206. Breakdown of Primary Sources 3. Executive Summary: India Auto Aftermarket Market Size, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. PEST Analysis 4.8.India Auto Aftermarket Market Industry Trends 4.9. Supply Side and Demand Side Indicators 4.10. India Auto Aftermarket Market Competitive Landscape 5. India Auto Aftermarket Market Analysis and Forecast, by Product 5.1. Introduction and Definition 5.2. Key Findings 5.3. India Auto Aftermarket Market Value Share Analysis, by Product 5.4. India Auto Aftermarket Market Size (US$ Bn) Forecast, by Product 5.5. India Auto Aftermarket Market Analysis, by Product 5.6. India Auto Aftermarket Market Attractiveness Analysis, by Product 6. India Auto Aftermarket Market Analysis and Forecast, by End User 6.1. Introduction and Definition 6.2. Key Findings 6.3. India Auto Aftermarket Market Value Share Analysis, by End User 6.4. India Auto Aftermarket Market Size (US$ Bn) Forecast, by End User 6.5. India Auto Aftermarket Market Analysis, by End User 6.6. India Auto Aftermarket Market Attractiveness Analysis, by End User 7. India Auto Aftermarket Market Analysis and Forecast, by Distribution Channel 7.1. Introduction and Definition 7.2. Key Findings 7.3. India Auto Aftermarket Market Value Share Analysis, by Distribution Channel 7.4. India Auto Aftermarket Market Size (US$ Bn) Forecast, by Distribution Channel 7.5. India Auto Aftermarket Market Analysis, by Distribution Channel 7.6. India Auto Aftermarket Market Attractiveness Analysis, by Distribution Channel 8. India Auto Aftermarket Market Analysis 8.1. India Auto Aftermarket Market Value Share Analysis, by Product 8.2. India Auto Aftermarket Market Forecast, by Product 8.2.1. Tire 8.2.2. Battery 8.2.3. Brake parts 8.2.4. Filters 8.2.5. Body parts 8.2.6. Lighting & electronic components 8.2.7. Wheels 8.2.8. Exhaust components 8.2.9. Turbochargers 8.2.10. Others 8.3. India Auto Aftermarket Market Value Share Analysis, by End User 8.4. India Auto Aftermarket Market Forecast, by End User 8.4.1. Service Providers 8.4.2. Independent Workshops 8.4.3. Automotive OEM Workshop 8.5. India Auto Aftermarket Market Value Share Analysis, by Distribution Channel 8.6. India Auto Aftermarket Market Forecast, by Distribution Channel 8.6.1. Offline Distribution Channel 8.6.2. Online Distribution Channel 8.7. Key Trends 8.8. Key Developments 9. Company Profiles 9.1. Market Share Analysis, by Company 9.2. Competition Matrix 9.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 9.2.2. New Product Launches and Product Enhancements 9.2.3. Market Consolidation 220.127.116.11. M&A by Regions, Investment and Applications 18.104.22.168. M&A Key Players, Forward Integration and Backward Integration 9.3. Company Profiles: Key Players 9.3.1. Tata Auto Component Systems 22.214.171.124. Company Overview 126.96.36.199. Financial Overview 188.8.131.52. Product Portfolio 184.108.40.206. Business Strategy 220.127.116.11. Recent Developments 18.104.22.168. Manufacturing Footprint 9.3.2. Minda Industries Limited 9.3.3. Continental AG 9.3.4. 3M 9.3.5. Delphi Automotive PLC 9.3.6. Denso Corporation 9.3.7. Federal-Mogul Corporation 9.3.8. Magneti Marelli S.p.A. 9.3.9. Goodyear Tire & Rubber Company 9.3.10. ZF Friedrichshafen AG 9.3.11. COOPER TIRE & RUBBER COMPANY 9.3.12. Robert Bosch GmbH. 9.3.13. thyssenkrupp 9.3.14. Volkswagen India 9.3.15. Daimler AG 9.3.16. Genpact 10. Primary Insights