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India Automotive Aftermarket Industry is Likely to Expand at a CAGR of 7.6% Over the Forecast Period i.e.2017-2025
India Automotive Aftermarket Industry Report
According to Goldstein Research, Rising working population & growing middle class are anticipated to remain key growth drivers for automotive industry in the country. Further, government’s initiatives for e-mobility are expected to attract new market players in the Indian automotive industry which is likely to expand the automotive industry growth.
India Automotive Aftermarket Industry Outlook also includes new business models, product developments and capital investment as the key strategies adopted by the major players for significant expansion of business in India. Further, India is developing as global hub for auto component sourcing and its geographical location has provided the advantage to expand its export base to South East Asian countries and Middle East & Africa region. However, presence of large number of unorganized market players is the key factor for the stagnant automotive aftermarket growth.
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On the basis of our in-depth analysis, India automotive aftermarket industry can be segmented as follows:
By After Market Products and Services Type
- Wear-and-Tear Parts
- Crash-Relevant Parts
- Accessories and Appearance Products
- Diagnostics Products
- Services (Fleet Management etc.)
By End Users Type
- Service Providers (Telematics, Fleet Management etc.)
- Independent Workshops
- Automotive OEM Workshop
By Distribution Channels
- Offline Distribution Channel
- Online Distribution Channel
Based On Geography
- Tier-I Cities Automotive Aftermarket Industry
- Tier-II Cities Automotive Aftermarket Industry
- Tier-III Cities Automotive Aftermarket Industry
“India Automotive Aftermarket Industry Outlook 2025” contains detailed overview of the India Automotive Aftermarket Industry. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by products and services, by end users and by distribution channel.
Further, for the in-depth analysis, India Automotive Aftermarket Industry Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Tata Auto Component Systems.
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Browse some more segment-specific report on automotive aftermarket industry: Global Automotive Aftermarket Industry, Europe Automotive Aftermarket Industry, China Automotive Aftermarket Industry, Asia Pacific Automotive Aftermarket Industry
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