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The Auto Ancillary Market in India (2018-2023): Key Trends & Lucrative Opportunities - ResearchAndMarkets.com

November 14, 2018
The “Auto Ancillary Market in India (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.India has a young population base with high purchasing power, which will lead to an increase in first-time vehicle purchases. Increasing disposable income and higher per-capita income of the middle class will also lead to new vehicle purchases along with repurchase of vehicles. India being the third largest steel producer provides cost advantage to the auto components manufacturers as steel is a major raw material for them. Clusters of the automotive industry have the advantage of proximity to water-based transport hubs around the country.Technological advancement like green mobility has created a need to focus on more research and development (R&D) and innovations in supply chain in the auto ancillary market, and local suppliers need to adapt with the changing technological trends to survive in the market.The Indian automobile market is segmented by domestic sales into different categories of automobiles in which two wheelers hold the largest share in domestic sales.

The Indian auto ancillary market is segmented on the basis component supply to OEMs which include passenger vehicles, two wheelers, medium and heavy commercial vehicles, light commercial vehicles, tractors, three wheelers and others.

On the basis of type-wise market segmentation, engine parts contribute the major chunk to the market turnover.

Companies ProfiledAmtek Auto LimitedBharat Forge LimitedBosch LimitedExide Industries LimitedGabriel India LimitedMahindra CIE Automotive LimitedSundram Fasteners LimitedTVS Motor LimitedNifco India Private LimitedA Raymond Fasteners

Key Topics Covered

Chapter 1. Executive Summary

Chapter 2. Socio-Economic Indicators

Chapter 3. Introduction

Chapter 4. Indian Automobile Market - Overview

Chapter 5. Indian Auto Ancillary Market - Overview

Chapter 6. Indian Home Insecticides Market - Segmentation

Chapter 7. Trade Analysis

Chapter 8. Key Growth Drivers of the Market

Chapter 9. Key Deterrents to the Growth of the Market

Chapter 10. Government Initiatives

Chapter 11. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/6rx54g/the_auto?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181114005428/en/

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Related Topics:Automotive Parts

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE AFTERMARKET OTHER AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/14/2018 06:49 AM/DISC: 11/14/2018 06:49 AM

http://www.businesswire.com/news/home/20181114005428/en

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