Summary

India Automotive Aftermarket Market Summary, Competitive Analysis and Forecast to 2027

Summary

Automotive Aftermarket in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The Automotive Aftermarket sector includes the sale of automotive components for use on vehicles after first purchase.
- The Indian automotive aftermarket sector had total revenues of $21.9 billion in 2022, representing a compound annual growth rate (CAGR) of 5.2% between 2017 and 2022.
- Sector consumption volume increased with a CAGR of 4.4% between 2017 and 2022, to reach a total of 541.3 million units in 2022.
- The Indian automobile industry had its highest-ever annual domestic passenger vehicle sales in 2022. A total of 3.6 million units were sold in 2022, 19.2% higher than the preceding year.

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

Reasons to Buy

- What was the size of the India automotive aftermarket market by value in 2022?
- What will be the size of the India automotive aftermarket market in 2027?
- 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?

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Table of Contents

Table of Contents
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 strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments?
8 Company Profiles
8.1. Minda Corporation Limited
8.2. Tata Motors 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