Indian Truck Market Intelligence Report FY 2015 & Forecast

  • ID: 3379026
  • Report
  • Region: India
  • 120 pages
  • Autobei Consulting Group
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Overall, the Average Price of Trucks Has Seen a Tremendous Increase From 1% to 2% in the Interval from 2013 to 2015

FEATURED COMPANIES

  • AMW
  • Ashok Leyland
  • Bharatbenz
  • Eicher
  • Force Motors
  • Isuzu
  • MORE
In FY 2014-15 has given positive sign in M&HCV segment but in LCV segment still it registered de growth. We are expecting to have some growth sign once the market driver of this segment will be changed. Tata Motors, Ashok Leyland, Mahindra Truck are few players which align their growth with Industry trend. In this latest report we have analyzed how the market is shifting, new product position, Market size, pricing strategy and Product Grid.

Macro economy result are mixed after formation of new government. Inflation, Diesel price, fright rates, Freight movement, GDP forecast and other Macro economy indicators has given both positive and negative indications.

Segment wise like Tipper, Tractor, ODC, Rigid Haulage, Special Application are included in this report, Tonnage wise form 1T to 49T is included for application wise analysis.

Brand wise detail analysis has been included of Tata Motors, Ashok Leyland, Eicher, Volvo, Isuzu, MAN, AMW, Bharatbenz, Scania, Force Motors of last 5 years trend analysis, Segment presence, Product portfolio, Pricing, Brand position and strategy.

Drive live trend and changes: Engine, Transmission and other technical and technological changes

Market Drivers: Challenges and its characteristics

Key Features of the Report
- Current and expected future trends analysis by the key players are highlighted to determine overall competitiveness of the market & Products
- Porters Five Forces analysis, ACG product grid and SWOT analysis of the key market players are provided to illustrate the business practices
adopted by buyers
- The technology-oriented drivers and opportunities are highlighted to the top factors responsible for the market growth
- Various operating segments of the Truck market are carefully analyzed to measure the potential of the market
- The forecast analysis of the market through 2014-2020 is provided to elaborate the market potential
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AMW
  • Ashok Leyland
  • Bharatbenz
  • Eicher
  • Force Motors
  • Isuzu
  • MORE
Macro Economy
- Key Economic Indicators
- Industry overview
- Economy forecast

Brand wise*
- Sales
- Production
- Export
* Including BharatBenz

Segment wise
- Small Vehicle
- Light Duty Truck
- Medium Duty Truck
- Heavy Duty Truck

Category wise
- Rigid Haulage
- Tractor
- Tipper
- Others

Pricing Analysis
- Rigid Haulage
- Tractor
- Tipper
- Others

Competitor Analysis
- Product position
- Pricing strategy
- Brand perception

Customers behavior
- Purchase behavior
- Psychology
- Behavior parameter forecast

Sales Forecast
- 5 years forecast
- New market development
- Technology up gradation

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AMW
  • Ashok Leyland
  • Bharatbenz
  • Eicher
  • Force Motors
  • Isuzu
  • MORE
Considered as one of the largest truck markets in the world, the market dynamics of the Indian truck market is markedly different from triad markets. Companies like Daimler, MAN and Scania have understood the market and their product strengths and have considered their product segments accordingly. In contrast, Tata Motors and Ashok Leyland concentrate on improvement and upgradation of existing products to sustain their stand in the premium market segment. However, a technological gap exists between Indian and European Companies. This is clearly seen in the horse power driven European vehicles, giving rise to increased material transportation and better economy of trucks as compared to their Indian counterparts. This directly impacts customer attraction and sales network.

The main problems which are observed with the Indian truck industry range from Compartmentalised Product Drive Line, Product support, price range and Customer Behaviour. It has also seriously attributed it's drawbacks to competitive challenges and vehicle economy.

The following are the key issues for Indian Truck Industry:
- Segment wise Product Drive line
- Product Support
- Price bracket or range for each product
- Customer behavior
- Competitive Challenges
- Vehicle Economy

We forecast key parameters which will play important role in coming up years:
By the year 2020, the budget segment will be India's largest and most attractive one. One very crucial example here would be that of AMW. It is considered a good product inspite of it's financial crisis. This problem is so stark that there are orders pending due to inavailability. On the other hand, Tata motor's showcases it's refreshing K, SK series stealthily entering the premium market with it's Prima Truck. The high horse power engine driven Prima trucks had to be lowered to keep up with requirements. Ashok Leyland on the other hand is characterised by Product drive line and impeccable strategy and has introduced the U truck idea.

MAN Truck India's strategy lies in the introduction of budget trucks. Eicher is looking to enter the light commercial vehicle (LCV) segment. It's pro series has been greatly welcomed by customers.

By the year 2020, the budget segment will be India's largest and most attractive one. One very crucial example here would be that of AMW. It is considered a good product inspite of it's financial crisis. This problem is so stark that there are orders pending due to inavailability. On the other hand, Tata motor's showcases it's refreshing K, SK series stealthily entering the premium market with it's Prima Truck. The high horse power engine driven Prima trucks had to be lowered to keep up with requirements. Ashok Leyland on the other hand is characterised by Product drive line and impeccable strategy and has introduced the U truck idea.

MAN Truck India's strategy lies in the introduction of budget trucks. Eicher is looking to enter the light commercial vehicle (LCV) segment. It's pro series has been greatly welcomed by customers.

But its mileage is less compare to its VE traditional series. Customers would also face after sales issue due to upgraded technology in Pro Series.

Tata and Ashok Leyland are holding around 80% market share in M&HCV segment and in LCV segment Tata and Mahindra & Mahindra holds around 88% market share. Other players like VECV, Eicher, SML Isuzu, Isuzu,Force Motors, Piaggio, AMW having specific products in a particular segment.

Note: Product cover images may vary from those shown
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- AMW
- Ashok Leyland
- Bharatbenz
- Eicher
- Force Motors
- Isuzu
- MAN
- Scania
- Tata Motors
- Volvo

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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