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

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India Passenger Vehicle Market Outlook 2024
Growth Opportunity And Demand Analysis, Market
Forecast, 2016-2024
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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
governments 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.    
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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 _at_ https//www.goldsteinresearch
  .com/request-sample/india-passenger-vehicle-market
  -size-outlook-analysis-forecast

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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 Indias 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.
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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 WorldMarket Share (), Market Size
  (USD Billion))

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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
• Porters 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 _at_ https//www.goldsteinresearch.co
  m/toc-request/india-passenger-vehicle-market-size-
  outlook-analysis-forecast

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India Passenger Vehicle Market Outlook 2024
Growth Opportunity And Demand Analysis, Market
Forecast, 2016-2024
About Goldstein Research Based in U.S., Goldstein
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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.
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India Passenger Vehicle Market Outlook 2024
Growth Opportunity And Demand Analysis, Market
Forecast, 2016-2024
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India Passenger Vehicle Market Outlook 2024
Growth Opportunity And Demand Analysis, Market
Forecast, 2016-2024
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