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Strategic Road Map for Multi-axle Vehicles in India

Strategic Road Map for Multi-axle Vehicles in India

Executive Summary—Domestic Sales Snapshot Discussion

Sales volume of multi-axle vehicles is expected to recover in FY2015 from the slowdown it has seen in the last two years.

In FY2014, total domestic sales stood at 􂀀units.

This number is expected to rise to 􂀀units in FY2020, at a CAGR of 􂀀%.

40T GCW tractor trailer segment is currently generating demand for 􂀀hp– hp range which is expected to increase slightly by 􂀀% to 􂀀% in the next 􂀀 years.

GVW and 􂀀 GVW product offering are key configurations in rigid body carriers wherein horsepower utility is heavily concentrated to 􂀀hp engine. This is expected to shift slightly by 􂀀% in the next 􂀀 years.

About this report

The study provides a comprehensive analysis of the axles market in India—specifically, axles that find applications in multi-axle vehicles which have end usage in heavy goods transportation either as a rigid body or in tractor trailer applications. Increasing investments in the infrastructure segment and increasing industrialization has created a high demand for multi-axle heavy vehicles in India. The study provides a detailed analysis of axle manufacturers and suppliers in the Indian CV market space. The study will also discuss the end-user applications which have created the need for multi-axle vehicles in India.


  • Executive Summary
    • Executive Summary-Key Findings
    • Executive Summary-Market Engineering Measurements
    • Executive Summary-Domestic Sales Snapshot
    • Executive Summary-Domestic Sales Snapshot Discussion
    • Executive Summary-Positioning of Key Segments
      • Table Multi-axle Vehicles Market: Market Share of Key Segments, India, FY2014
    • Executive Summary-Competitive Landscape
      • Table Multi-axle Vehicles Market: Competitive Landscape, Domestic Sales, India, FY2014
    • Executive Summary-Key Conclusions and Future Outlook
  • Research Scope, Objectives, Background, and Methodology
    • Research Scope
      • Table Multi-axle Vehicles Market: Unit Shipment Sales, India, FY2009-FY2013
    • Research Aims and Objectives
    • Key Questions This Study Will Answer
    • Research Background
    • Research Methodology
    • Key OEM/Participant Groups Covered in this Study
  • Definitions and Segmentation
    • Product Segmentation
    • Product/System Definitions
    • Vehicle Segmentation
    • Vehicle Segmentation and Key Participants
  • Economic Sectors and Road Freight Availability-Historical Trends
    • Economic Sectors and Relevance to CV Segments
    • Historical Trends in Road Freight Transportation
      • Table Multi-axle Vehicles Market: Freight Carried by Road, India, FY2005-FY2013
    • Dominance of Road Transport in Key Industry Applications
    • Ownership Pattern of Trucking
  • Multi-axle Vehicles Market-Historical Performance
    • Historical Trends-Production, Sales, Exports
      • Table Total CV Market: Historical Overview, India, FY2009-FY2013
    • Market Participants-Indian Commercial Vehicles Market
    • Multi-axle Vehicles-Domestic Sales Trends
      • Table Multi-axle Vehicles Market: Domestic Sales Trend, India, FY2009-FY2013
    • Rigid Body Vehicles Segment-Domestic Sales Trends
      • Table Rigid Body Segment: Domestic Sales Trend, India, FY2009-FY2013
    • Rigid Body Vehicles Segment-Market Participants
    • Rigid Body Vehicles Segment-Engine Power Trend
    • Tractor Trailer Segment-Domestic Sales Trend
      • Table Tractor Trailer Segment: Domestic Sales Trend, India, FY2009-FY2013
    • Tractor Trailer Segment-Market Participants
    • Tractor Trailer Segment-Engine Power Trend
    • Multi-axle Vehicles Market-Industry Segment and Key Selling Platforms
    • Growth Rate Trend-HCV Production versus Sectoral GDP
      • Table M&HCV Production vs. Economic Sector GDP Growth Rate, India, FY2009-FY2013
    • Growth Rate Trend-M&HCV Annual Production versus IIP and IAP
      • Table M&HCV Production vs. IIP and IAP Growth Rate, India, FY2009-FY2013
  • Mega Trends and Industry Convergence Implications
    • Impact of Top Mega Trends on the Multi-axle Vehicles Market
    • Construction Industry Investment-12th Five Year Plan (2012-2017)
    • Road Infrastructure in India
    • Major Investments in Rail Infrastructure
  • Forecasts and Trends-Total CV Market
    • Market Engineering Measurements
      • Table Multi-axle Vehicles Market: Market Engineering Measurements, India, FY2014
    • GDP Forecast-Scenarios
      • Table GDP Forecast, India, FY2014-FY2020
    • Indian CV Market-Emission Norms Roadmap
    • Estimated Load Carried Per Annum by Road
    • Transportation and Logistics Sector
    • Indian CV Market-Production, Sales and Exports Forecast
      • Table Total CV Market: Production, Sales and Export Forecast, India, FY2014-FY2020
    • Multi-axle Vehicles Market-Domestic Sales Snapshot
    • Indian CV Market-LCV and M&HCV Domestic Sales Forecast
      • Table Total CV Market: LCV and M&HCV Domestic Sales Forecast, India, FY2014-FY2020
    • Alternate Fuel Forecast
    • India CV Market-Technology Road Map
    • Key Influencing Factors
  • Competitive Landscape
    • Multi-axle Vehicles Market-Market Participants
    • Rigid Body Vehicles Segment-Market Participants
    • Rigid Body Vehicles Segment-Technical Configuration of Key Selling Models
    • Tractor Trailers Segment-Market Participants
    • Tractor Trailers Segment-Technical Configuration of Key Selling Models
    • Competitive Landscape-Tata Motors
    • Competitive Landscape-Ashok Leyland
    • Competitive Landscape-AMW
    • Competitive Landscape-VECV-Eicher
  • Multi-axle Vehicles Market Forecast
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
    • M&HCV Market India Forecast-Sales Forecast by Carrier Type
      • Table M&HCV Market: Domestic Sales Forecast by Carrier Type, India, FY2014-FY2020
    • Multi-axle Vehicles Market-Domestic Sales Forecast
      • Table Multi-axle Vehicles: Domestic Sales Forecast, India, FY2014-FY2020
    • Rigid Body Carriers Segment-Domestic Sales Forecast
      • Table Rigid Body Carriers: Domestic Sales Forecast, India, FY2014-FY2020
    • Tractor Trailers Segment-Domestic Sales Forecast
      • Table Tractor Trailers: Domestic Sales Forecast, India, FY2014-FY2020
    • Technological Trends
  • Conclusions and Future Outlook-Multi-axle Vehicles Market
    • Key Conclusions and Future Outlook
    • The Last Word-Three Big Predictions
  • Appendix
    • Abbreviations and Acronyms Used
    • Market Engineering Methodology

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