India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

1. India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 Report Code : AM1004 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

2. India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 India Passenger Vehicle Market With the total sales of over 27, 72,200 units of passenger vehicles in 2015, India became one of the fastest growing markets for passenger vehicles across the globe. Growing demand for cars for personal needs with increasing per capita income is bolstering the sales of passenger vehicles in India. Moreover, rising tour activities in the country are also propelling the demand for special utility vehicles. Indian government is also taking initiatives to expand the automobiles business across the country. In 2015, Indian government introduced the scheme FAME-INDIA (Faster Adoption & Manufacturing of Electric and Hybrid Vehicles). This scheme is expected to attract huge consumer interest and contribute in the wide adoption of environment friendly passenger vehicles. Indian government’s target to achieve 100% electric cars in the country by the end of 2030 is attracting leading automakers across the world to exploit new business opportunities in India. For instance, one of the leading electric car maker company Tesla is targeting to expand its business in India by introducing a single brand retail route in the country. However, automakers are expected to face huge challenges to expand their electric cars business in India due to lack of proper infrastructure in the country.

3. India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 • Market Segmentation • Based on Model Type • Hatchback • Sedan • SUV • Based on Fuel Type • Electric Vehicle • Hybrid Vehicle • Request for Sample @ https://www.goldsteinresearch.com/request-sample/india-passenger-vehicle-market-size-outlook-analysis-forecast Sample Request

4. India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 Market Size and Forecast (2016-2024) India accounted for 4.2% share of total sales of passenger vehicles sales in 2015 and is projected to hold over 10% share global passenger vehicle market by the end of 2024. India passenger vehicle market is projected to hit over 5 million units by the end of 2024 from 2.7 million units in 2016. India passenger vehicle market valued USD 57.2 billion in 2016, and is projected to grow at a CAGR of 6.9% during the forecast period. In 2015, India exported USD 15 billion worth of automotives across the globe, out of which United States and Mexico accounted for the maximum share of over 7%. Southern region of India contributes the largest part of the revenue with over 35% share. Southern region accounted for over 60% of the India’s automotive exports in 2016. Northern part of India contributes nearly 30% of the revenue share of India passenger vehicle market. Companies such as Hyundai, Toyota, Volkswagen, Nissan and Maruti Suzuki are expanding their manufacturing facilities units in India which is expected to boost the growth of India passenger vehicle market. For instance, world's largest automotive safety supplier Autoliv Inc and TRW Automotive Inc. are setting their plants in India to increase the automotive capacity of India. Moreover, General Motors are planning to invest USD 1 billion to increase the manufacturing capacity of Talegaon plant in Maharashtra from 130,000 units cars in a year to 220,000 units by 2024.

5. India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 • Scope Background • Market Synopsis • India Passenger Vehicle Market Segmentation is segmented as follows: • By Model Type (Market Size, Demand Analysis and Growth Analysis) • By Fuel Type (Market Size, Demand Analysis and Growth Analysis) • By Geography • North America (US, Canada) {Market Share (%), Market Size (USD Billion)} • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)} • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)} • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)} • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)} • Rest of the World{Market Share (%), Market Size (USD Billion))} Sample Request

6. India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 • Market Dynamics: Growth Drivers, Restraints and Opportunities • Risk Factors • Regional Variations • Recent Trends and Developments • Key Market Players • Synopsis • Business Strategy • Product Portfolio • SWOT Analysis • Porter’s Five Force Model • Market Landscape: Competition and Beyond • Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem • Expert Analysis • Concluding Remarks • Request for TOC @ https://www.goldsteinresearch.com/toc-request/india-passenger-vehicle-market-size-outlook-analysis-forecast Sample Request

7. India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting firm and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

8. India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 Sample Request For more information Contact Us: 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

9. India Passenger Vehicle Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 Thank you Thank you