Report cover image

Automotive Aftermarket in India

Publisher MarketLine
Published Dec 12, 2024
Length 42 Pages
SKU # MTLN19647759

Description

Automotive Aftermarket in India

Summary

Automotive Aftermarket in India industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Automotive aftermarket includes the sales of automotive components for use on vehicles after first purchase. Market value is calculated in terms of retail selling price (RSP) including all taxes and levies. Market volume refers to each individual aftermarket component, such as wiper blades or brake calipers, considered as a separate unit. The scope includes components sold through fast fits, auto centres, garages, tyre specialists, vehicle manufacturer networks, petrol stations, hypermarkets, crash repair centres/body shops, online sales, parts & accessories stores, and others. Both internal combustion engines and electric vehicles are considered in our scope. Our analysis encompasses both passenger cars and light commercial vehicles.
  • The Indian automotive aftermarket sector recorded revenue of $24.5 billion in 2023, representing a compound annual growth rate (CAGR) of 3.0% between 2018 and 2023.
  • Sector consumption volume increased with a CAGR of 3.5% between 2018 and 2023, to reach a total of 763.4 million units in 2023.
  • India captured a share of 8.0% in the Asia-Pacific automotive aftermarket sector in 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive aftermarket market in India
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive aftermarket market in India
  • Leading company profiles reveal details of key automotive aftermarket market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the India automotive aftermarket market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the India automotive aftermarket market by value in 2023?
  • What will be the size of the India automotive aftermarket market in 2028?
  • What factors are affecting the strength of competition in the India automotive aftermarket market?
  • How has the market performed over the last five years?
  • What are the main segments that make up India's automotive aftermarket market?

Table of Contents

42 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the recent developments in the sector?
8 Company Profiles
8.1. Tata Motors Ltd
8.2. Samvardhana Motherson International Ltd
8.3. Minda Corporation Limited
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: India automotive aftermarket sector value: $ million, 2018-23
Table 2: India automotive aftermarket sector volume: million units, 2018-23
Table 3: India automotive aftermarket sector category segmentation: % share, by value, 2018-23
Table 4: India automotive aftermarket sector category segmentation: $ million, 2018-23
Table 5: India automotive aftermarket sector geography segmentation: $ million, 2023
Table 6: India automotive aftermarket sector value forecast: $ million, 2023-28
Table 7: India automotive aftermarket sector volume forecast: million units, 2023-28
Table 8: Tata Motors Ltd: Key Facts
Table 9: Tata Motors Ltd: Annual Financial Ratios
Table 10: Tata Motors Ltd: Key Employees
Table 11: Samvardhana Motherson International Ltd: Key Facts
Table 12: Samvardhana Motherson International Ltd: Annual Financial Ratios
Table 13: Samvardhana Motherson International Ltd: Key Employees
Table 14: Minda Corporation Limited: Key Facts
Table 15: Minda Corporation Limited: Annual Financial Ratios
Table 16: Minda Corporation Limited: Key Employees
Table 17: India Size of Population (million), 2019-23
Table 18: India Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 19: India GDP (Current Prices, $ Billion), 2019-23
Table 20: India Inflation, 2019-23
Table 21: India Consumer Price Index (Absolute), 2019-23
Table 22: India Exchange Rate, 2018-23
List of Figures
Figure 1: India automotive aftermarket sector value: $ million, 2018-23
Figure 2: India automotive aftermarket sector volume: million units, 2018-23
Figure 3: India automotive aftermarket sector category segmentation: $ million, 2018-23
Figure 4: India automotive aftermarket sector geography segmentation: % share, by value, 2023
Figure 5: India automotive aftermarket sector value forecast: $ million, 2023-28
Figure 6: India automotive aftermarket sector volume forecast: million units, 2023-28
Figure 7: Forces driving competition in the automotive aftermarket sector in India, 2023
Figure 8: Drivers of buyer power in the automotive aftermarket sector in India, 2023
Figure 9: Drivers of supplier power in the automotive aftermarket sector in India, 2023
Figure 10: Factors influencing the likelihood of new entrants in the automotive aftermarket sector in India, 2023
Figure 11: Factors influencing the threat of substitutes in the automotive aftermarket sector in India, 2023
Figure 12: Drivers of degree of rivalry in the automotive aftermarket sector in India, 2023

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us