TechNavio’s analysts forecast the Auto Component market in India to grow at a CAGR of 11.7 percent over the period 2011–2015. One of the key factors contributing to this market growth is the increasing demand for vehicles. The Auto Component market in India has also been witnessing the rise in auto financing activity. However, intense competition from counterparts in other emerging economies could pose a challenge to the growth of this market.
TechNavio’s report, the Auto Component Market in India 2011–2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on India; it also covers the Indian Auto Component market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Bharat Forge Ltd., Bosch Ltd., Amtek India Ltd., and Lucas - TVS Ltd.
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Market Growth Drivers
07. Market Challenges
08. Impact of Drivers and Challenges
09. Market Trends
10. Key Vendor Analysis
10.1 Bharat Forge Ltd.
10.2 Bosch Ltd.
10.3 Amtek India Ltd.
10.4 Lucas-TVS Ltd.
11. Other Reports in this Series
List of Exhibits:
Exhibit 1: Auto Component Market in India 2011–2015 (US$ billion)
Exhibit 2: Auto Component Market in India by Domestic Vehicle Production 2011-2015 (million units)
Exhibit 3: Auto Component Market in India by Production Volume 2011 and 2015 (Percent)
Exhibit 4: Auto Component Market in India by Customer Segment 2011 (by unit percentage)
Exhibit 5: Auto Component Market in India by Market Range 2011 (by unit percentage)
Exhibit 6: Auto Component Market in India by Capital Investments 2011–2015 (US$ billion)
Exhibit 7: Auto Component Market in India by Exports 2011–2015 (US$ billion)
Exhibit 8: Auto Components Export from India in 2011 (by revenue)
Exhibit 9: Auto Component Market in India by Imports 2011–2015 (US$ billion)
Exhibit 10: Auto Component Imports to India in 2011 (by revenue)
Exhibit 11: Auto Component Market in India by Production Breakdown in Organized Segment 2011
Exhibit 12: Auto Component Market in India by Revenue of Players in Organized Segment 2011 (US$ million)
TechNavio Announces the Publication of its Report – Auto Component Market in India 2011–2015
TechNavio today launched its report Auto Component Market in India 2011–2015 based on an in-depth study. The report aims to aid decision makers’ understanding of the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio’s Engineering Services team said, “The easy availability of auto finance is one of the major growth drivers of the Automotive market. In addition, a reduction in interest rates by the Reserve Bank of India has further increased the growth of the Auto Component market in India. It is observed that more than 90 percent of new vehicles such as cars and two-wheelers are currently sold through the financing route. Moreover, in India, vehicle financing penetration has been rising over the years because of the competition among banking and non-banking financial companies. Easy availability of finance combined with increasing disposable income levels provides an ideal platform for the strong growth of the market in the coming years.”
According to the report, the Automobile industry in India has greatly benefitted from a sharp increase in the demand for vehicles, which has led to the addition of extra capacity, better R&D facilities, and technological advancement across the country. This will increase the growth of auto components and hence the growth of the Auto Component market in India.
Further, the report also discusses how the massive scale of manufacturing in China is a major threat to the Auto Component market in India.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.