"India’s Automotive Market: Analyzing the Growth to 6.38 Mn Units by 2030"

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Increasing government initiative for using electric vehicle are expected to drive a huge demand for the automotive market in India as the Make in India and Atmanirbhar Bharat initiative are ongoing in India.

The Automotive Market in India was accounted for 3.99 Mn units in 2023 and the market is expected to reach 6.38 Mn units at a CAGR of 6.94 % by 2030.

 

Automotive Market Overview

Maximize Industry Research has released a fresh study on the worldwide market for Automotive . It is the result of extensive primary and secondary research. The research gives a complete analysis of regional and worldwide market trends in addition to looking at the Automotive industry's historical performance.

Click this link to view a free report sample.

 

Automotive Market Report: Scope and Research Methodology

This study does a thorough analysis of the automotive market, projecting its size, expected growth, present trends, and long-term objectives. Together with the strategic biographies of the main rivals in the automotive sector, it also includes a summary of the competitive environment. The report covers new product launches, mergers, acquisitions, joint ventures, and the competitive landscape and gives industry professionals access to the most recent trends and performance data. To determine the size of the global market, the MMR researcher used a bottom-up methodology to predict data for many end-user organizations and their applications.

Automotive Market: Regional Insights

The regions and countries covered in the report include:
North America: U.S., Canada, Mexico
Europe: UK, Germany, France, Spain, Italy, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC
South America: Brazil
Middle East and Africa

Market Segmentation

by Kind of Vehicle Passenger Cars
Reversibles
Tiny Hatchback
little sedan hatchbacks
SUVs
MPVs and MUVs
Other Business Automobiles
Light Commercial Vehicle (LCV) Truck Bus
Others
Two-wheelers
Motorbikes
Motorbikes
Electric Cycles
Three-wheelers
Automobile Rickshaws Items Transporters
Others
according to TypeGasoline Diesel
electric vehicles
Others

Market Key Players

1. Tata Motors Ltd
2. Maruti Suzuki India Ltd
3. Mahindra & Mahindra Ltd
4. Hero MotoCorp Ltd
5. Bajaj Auto Ltd
6. Ashok Leyland Ltd
7. TVS Motor Company Ltd
8. Eicher Motors Ltd
9. Force Motors Ltd
10. SML ISUZU Ltd.
11. Honda Motor Co., Ltd.
12. Hyundai Motor India
13. Daimler AG
14. Piaggio & C.S.p.a.
15. Toyota Motor Corporation
16. Volkswagen AG
17. AB Volvo

Learn more about the report:
Key Questions Answered in the Automotive Market Report:
Which geographical area has the biggest market share?
Throughout the predicted period, what is the anticipated CAGR?
Which local market is anticipated to expand rapidly?
Which market category was leading?
What major developments may we expect in the upcoming years?
By 2030, what is the estimated size of the market?
What was the size of the world market in 2024?
Which business had the biggest proportion of the market?

More reports:

Automotive Market
Global Carrageenan Market
Noise Monitoring Market

Key Offerings:
Market Share, Size & Forecast by Revenue | 2024-2030

Market Dynamics: Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation: Detailed analysis of- segments with sub-segments and Regions
Competitive Landscape: Key Players and Other Notable Players

About Maximize Market Research:
Maximize Market Research is a diverse market research and consulting company with expertise in various industries, including medical devices, pharmaceuticals, science and engineering, electronics, industrial equipment, technology and communication, automotive, chemicals, general merchandise, beverages, personal care, and automation systems. We offer market-verified industry estimates, technical trend analysis, essential market research, strategic advice, competitive analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:
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Pune-Bangalore Highway, Narhe,
Pune, Maharashtra, 411041, India
sales@maximizemarketresearch.com 
+91 96071 95908, +91 9607365656

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