Luxury Car Market In India (2011-15)

IS Advisors
April 11, 2012
53 Pages - SKU: ISAV3829733
Countries covered: India



Luxury market in India is gradually gaining attention. Though the 'buzz', this sector is generating is disproportionately high in comparison to the size of the market, but it shows that the global luxury brands do recognize the high potential of the Indian luxury markets.

Till a decade back, luxury retail was only meant for the with just a few luxury brands available and that too in five star consumption of elites hotels. Over the years, India’s increasing urbanization rate has monetarily empowered the consumer which has further helped luxury market to set a firm foot for itself.

The luxury market is growing at a rapid pace in India with a compounded annual growth of 25%. At US$4.76 billion, the luxury market in India is set to touch three times its current size at US$14.72 billion by 2015. The country has become the prime destination for top-notch global brands, while many high-end luxury brands have quickly set up their shops here.

Out of the all luxury segments in India, the Luxury Car segment acquires the major share.

Trends in the Industry
  • Global companies are eyeing India as a manufacturing base
  • Players diversifying offerings
  • Increase in number of dealerships across India
India has proven to be a frugal hub for Automobile OEMs due to its location and skill advantage. India is a now a part of the global strategy for all major automobile companies; every company is planning to set up their manufacturing base in the country and are also exploiting its option as an export hub.

The luxury car market in India has registered a fair amount of growth in the last few years and is growing at the rate of 27% per year, and a CAGR of 7% annually. SCOPE OF THE REPORT
  • Luxury Car Market in India at a glance
  • Emerging trends in the industry like players diversifying their offering, companies eyeing India as a manufacturing base and Increasing number of dealerships
  • Factors driving growth, Issues & Challenges
  • Government Regulations & Initiatives in Indian market
  • Major players
  • Forecasts
REASONS TO BUY
  • To understand the various factors which are fuelling the growth and those which are/will be critical for the industry performance in the near term
  • Comprehensive report covering all the aspects required to understand the industry performance and future prospects.
  • The report elucidates the current market scenario of the industry and forecasts key parameters which helps to anticipate the industry performance



More Automotive Manufacturing reports by IS Advisors

Auto Sector in India: Strategic Review (Budget 2013-14) by IS Advisors
FY13 has been a challenging year for the Indian automobile industry as slowdown in economic activity coupled with high interest rates and rising fuel and ...
Luxury Car Market In India- Swot Analysis by IS Advisors
Luxury market in India is gradually gaining attention. Though the 'buzz', this sector is generating is disproportionately high in comparison to the size of the ...
Indian Auto Sector – Performance & Ranking Review (December 2011) by IS Advisors
EXECUTIVE SUMMARY This report provides the periodic review of Auto sector index and ranking. In today’s dynamic business world, indices play a vital ...
See all reports like this >>

More India Automotive Manufacturing reports

Automotive Manufacturing: BRIC (Brazil, Russia, India, China) Industry Guide by MarketLine
Automotive Manufacturing: BRIC (Brazil, Russia, India, China) Industry GuideIntroductionThe BRIC Automotive Manufacturing industry guide provides top-line qualitative and quantitative summary information including: market size (value ...
Two Wheeler Clutch Market in India - 2014 by Feedback Business Consulting Services Pvt. Ltd.
Two Wheeler Clutch Market in India - 2014This report provides an insight into the Two Wheelers Clutches current market scenario, structure and practices in India.In ...
Truck manufacturing: BRIC (Brazil, Russia, India, China) by MarketLine
Truck manufacturing: BRIC (Brazil, Russia, India, China)IntroductionThe BRIC Truck Manufacturing industry guide provides top-line qualitative and quantitative summary information including: market share, market size (value ...
Automotive Manufacturing in India by MarketLine
Automotive Manufacturing in IndiaIntroductionAutomotive Manufacturing in India industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2009-13, ...
See all reports like this >>

More India reports

Spirits - BRIC (Brazil, Russia, India, China) Industry Guide by MarketLine
IntroductionThe BRIC Spirits industry guide provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2009-13, and forecast to 2018). ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 500  
    Global Site License  USD 1,000  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!