India Automotive Aftermarket Industry Outlook 2025: Opportunity & Growth Analysis, 2017-2025

1. India Automotive Aftermarket Industry Outlook India Automotive Aftermarket Industry Outlook 2025: Opportunity & Growth Analysis, 2017-2025 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India Report Code :AM 1335 www.goldsteinresearch.com +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-991-071-6331 sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

2. India Automotive Aftermarket Industry Size (USD Billion) & Growth Analysis India Automotive Aftermarket Industry Size (USD Billion)-2017-2025 Sample Report Sample Source: Goldstein Research • India Automotive Aftermarket Industryis anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2017-2025. The market is anticipated to reach USD XX Billion by the end of 2025. Further, Automotive Aftermarket sales increased from XXX thousand units in 2015 to XXX thousand units in 2017, which is likely to reach XXX million units by 2025. • Growth in the market is led by the growing need to curb the air pollution levels and the rising incentive schemes by the government to support manufacturing as well as use of electric vehicles. Today auto component companies have significant opportunities to take the giant leap. On one hand the domestic market is attracting more OEM players who have a strong need for localization. On the other hand, recession afflicted global markets are hunting for low cost vendors to optimize their operations. • Two wheelers’ is the largest domestic customer segment for the auto components industry. Original Equipment Manufacturers (OEMs) dominate production volumes by market range; encouragingly, exports account for a round XX per cent. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

3. India Automotive Aftermarket Industry Outlook India Automotive Aftermarket Industry Share(%), By Region-2017-2025 India Automotive Aftermarket Industry Size USD (Billion). 2017-2025 XX% CAGR: (2017-2025) Sample Source: Goldstein Research Source: Goldstein Research In 2017,Two-Wheelers Aftermarketaccounted for the highest market share XX% in India Automotive Aftermarket Industry WithXX%share in 2017, Tier-IICities dominated the India Automotive Aftermarket Industry India Automotive Aftermarket Industry Share (%), By Distribution Channels -2017 India Automotive Aftermarket Industry Share (%), By End Users -2017 India Automotive Aftermarket Industry Share(%), By Products and Services-2017 Source: Goldstein Research Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

4. India Automotive Aftermarket Industry Outlook Sample Report • The Western European aftermarket is a rather mature market with flat aftermarket volumes. The competitive intensity remains at a high level and will be further accelerated by new regulations and competitors. • .Improvement of marketing and sales activities is the main trigger to remain competitive in Western Europe. Because of the flat nature of the Western European aftermarket, marketing and sales activities must concentrate on keeping the customer loyal to dealers and repair shops across the car lifecycle. • Emerging markets offer attractive growth rates with relatively moderate competitive intensity in Eastern Europe, Russia and India but with high competitive intensity in China. In the future, the competitive intensity is expected to increase to a similar level as in Western Europe. To benefit from the attractive growth rates requires immediate managerial action, before the growing competition makes it more difficult to succeed in the aftermarket. Still, low performing companies in particular need to focus on selected markets that best fit their strategy and their current capabilities • .Each emerging market (Eastern Europe, Russia, China and India) is specific in terms of the competitive environment and customer needs. The different characteristics of the markets require a localization of the aftermarket. Companies trying to exploit the aftermarket with a standardized global approach will most likely fail. Finding an individual approach becomes essential. • Surprisingly, most companies are not prepared to exploit the potential of the Eastern European aftermarket and no one reaches high performance. The majority of companies are confronted with improvement activities across marketing and sales, sourcing, distribution, planning and reverse-logistics processes. Growing Sales in Rural Regions Sample Stringent Emission Norms Fuel Efficiency Technological Advancement India Automotive Aftermarket Sales (USD Million) Domestic Sales Export USD XX Million 2017 USD XX Million USD XX Million 2025 USD XX Million Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

5. India Automotive Aftermarket Industry Outlook : 2017-2025 Fig: 11: Two-wheelers: Production, Sales and Exports (Thousand Units) 2014-2017 Fig: 10: Regional Automobile Registrations (thousands of units), 2015-2016 XX% XX% XX% Sample Source: Goldstein Research Source: Goldstein Research • high levels of indigenization / localization achieved in the vehicle industry as well as the components developed for the completely Indian made vehicles like the Tata Indica, Tata Indigo, Mahindra Scorpio, Bajaj Pulsar etc. • The organized sector is dominated by large promoter groups. Of this, while MNCs contribute XX per cent of revenues; the domestic promoter groups contribute XX per cent, while the balance comes from smaller companies. • Prevalent business models are: • • Full Indian ownership • • Indian owner and MNCs in technical alliance • • Indian owner and MNC JV • • Complete MNC subsidiary • The auto components industry production can be divided on the basis of its usage patterns across user segments. The broad classification would be auto components produced for OEM, exports and after-markets. Further, within the OEM demand, there is segregation based on vehicle segment types. • The production for OEM’s is estimated at about XX%, followed by production for after-market at XX% and production for exports at XX%. Of the OEM demand, around XX per cent is driven by cars and utility vehicles • The industry, over the years, has developed the capability of manufacturing all components required to manufacture vehicles, which is evident from the Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

6. Growth Drivers Sample Report • Robust Demand and Export Opportunities • Growing working population and expanding middle class are expected to remain key demand drivers. • India is set to break into the league of top five vehicle producing nations • Reduction in excise duties in motor vehicles sector to spur the demand for auto components • Relative to competitors, India is geographically closer to key automotive markets like the Middle East and Europe • A cost-effective manufacturing base keeps costs lower by XX-XX per cent relative to operations in Europe and Latin America. • Presence of a large pool of skilled and semi-skilled workforce amidst a strong educational system • Continued policy support in the form of Auto Policy 2002 In September 2015, Automotive Mission Plan 2016-26 was unveiled which targets a fourfold growth for the sector • Strong support for R&D and product development by establishing NATRiPcenters • 100 per cent FDI allowed under automatic route for auto component sector • Third largest steel producer globally hence a cost advantage Sample Total Sales of Automotive Aftermarket (Thousand Units)-2005-2017 • Impact Analysis:- • Investments in the auto components sector reached USD XX billion in FY16 in comparison with USD XX billion in FY15. • Capital investments into the auto component sector have seen a downward trend despite of its improved market conditions mainly because of the moderations made in the vehicle sales and depressed market sentiments. High Medium Low Impact on India Automotive Aftermarket Industry Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

7. India Automotive Aftermarket Industry Outlook : 2017-2025 India Automotive Aftermarket Industry Share, By Products and Services, 2017-2025 Sample Report • The Indian auto-components industry has experienced healthy growth over the last few years. Some of the factors attributable to this include: a buoyant end-user market, improved consumer sentiment and return of adequate liquidity in the financial system. The auto-component industry of India has expanded by XX per cent because of strong growth in the after-market sales to reach at a level of USD XX billion) in FY 2016-17. The industry is further expected to grow to USD XX-XX billion in FY18. • The Foreign Direct Investment (FDI) inflows into the Indian automobile industry during the period April 2000 – December 2017 were recorded at USD XX billion, as per data by the Department of Industrial Policy and Promotion (DIPP). 2025 2017 Sample India Automotive Aftermarket Industry Y-O-Y Growth, By Products and Services, 2017-2025 Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/india-automotive-aftermarket-industry Browse Similar Report: Automotive Aftermarket Industry Europe Automotive Aftermarket Industry China Automotive Aftermarket Industry Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

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