India Luxury Car Market Research and Forecast Report 2023-2028

1. India Luxury Car Market Research and Forecast Report 2023-2028 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description India Luxury Car Market Research Report 2023-2028: According to the latest report by IMARC Group, titled "India Luxury Car Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the India luxury car market size reached US$ 1.1 Billion in 2022. Luxury cars refer to personal vehicles that are intended to provide passengers with advanced features, high quality, a higher level of equipment, and enhanced comfort. It is equipped with leather seats, maps, cameras, and upgraded suspension and engines that offers improved comfort, superior quality, and innovative services compared to economy and mid-sized cars. It is also integrated with high-end audio systems, advanced navigation, and entertainment systems, as well as the latest safety features. Additionally, it has trunk hinges, starlight headliners, and entertainment and safety systems, which offer optimal safety and better service while enhancing overall vehicle performance. It is often built using high-quality materials, such as wood, and high-grade metals, which contribute to its luxurious feel. Request for a PDF sample of this report: https://www.imarcgroup.com/india-luxury-car- market/requestsample

4. Report Description and Highlights Report Description India Luxury Car Market Trends: The market in India is primarily driven by the expanding automotive industry. Furthermore, the emerging trend of purchasing used luxury cars due to their easy access to financing, lower entry price, and minimal annual maintenance contracts is contributing to the market. Moreover, several major companies are heavily investing in developing vehicles with advanced features using cutting-edge technology, such as advanced driver assistance systems, infotainment systems, and connected car features, which can enhance the driving experience and provide added convenience and safety, thus providing a boost to the demand. In line with this, continuous technological advancements, including the integration of the Internet of Things (IoT) and real-time information solutions in all-EV charging station systems for electric luxury cars, are fostering the overall market. Additionally, continual developments of the latest smart mobility technologies, such as retina recognition, autonomous driving, and personal voice assistance, are acting as another growth-inducing factor. The market is further driven by other factors, such as strategic collaborations amongst key players to engineer luxury cars with embedded electric vehicle components, rapid urbanization, inflating disposable incomes of individuals and extensive research and development activities. View Report TOC, Figures and Tables: https://www.imarcgroup.com/india-luxury-car-market

5. Report Description and Highlights Report Description Key Market Segmentation The research report includes the following segments: Breakup by Vehicle Type: •Hatchback •Sedan •Sports Utility Vehicle Breakup by Fuel Type: •Gasoline •Diesel •Electric Breakup by Price Range: •Entry-Level •Mid-Level •High-End •Ultra

6. Report Description and Highlights Report Description Breakup by Engine Capacity: •Upto 3,000 CC •Above 3,000 CC Breakup by Region: •North India •West and Central India •South India •East India

7. Key Questions Answered in the Report Report Description 1. How has the India luxury car market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the India luxury car market? What are the key regional markets? What is the breakup of the market based on the vehicle type? What is the breakup of the market based on the fuel type? What is the breakup of the market based on the price range? What is the breakup of the market based on the engine capacity? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? 10. What is the structure of the India luxury car market and who are the key players? 11. What is the degree of competition in the industry? 2. 3. 4. 5. 6. 7. 8. 9.

8. Report DescriptionTable of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 India Luxury Car Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast

9. Report DescriptionTable of Contents 6 Market Breakup by Vehicle Type 6.1 Hatchback 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Sedan 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Sports Utility Vehicle 6.3.1 Market Trends 6.3.2 Market Forecast 7 Market Breakup by Fuel Type 7.1 Gasoline 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Diesel 7.2.1 Market Trends 7.2.2 Market Forecast Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/india-luxury-car-market/toc

10. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

11. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

12. Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

13. Contact Us FOR MORE DETAILS Visit us at : https://www.imarcgroup.com Stay With Us: TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com