Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare
Free Samples
Automotive Market

PUBLISHER: Grand View Research | PRODUCT CODE: 1771528

Cover Image

PUBLISHER: Grand View Research | PRODUCT CODE: 1771528

India Automotive Market Size, Share & Trends Analysis Report By Type, By Passenger Vehicles (Sedan, Hatchback, SUV, MUVs/MPVs), By Light Commercial Vehicles, By Heavy Trucks, By Buses & Coaches, And Segment Forecasts, 2025 - 2030

PUBLISHED:
PAGES: 101 Pages
DELIVERY TIME: 2-10 business days
REQUEST FREE SAMPLE
REQUEST CUSTOMIZATION
SELECT AN OPTION
Unprintable PDF & Excel (Single User License)
USD 4950
Printable PDF & Excel (5-User License)
USD 5950
Printable PDF & Excel (Enterprise License)
USD 7950

Add to Cart

Description

Table of Contents

List of Tables

India Automotive Market Growth & Trends:

The India automotive market demand is expected to reach 8,363,344 units by 2030, according to a new study by Grand View Research, Inc. It is anticipated to register a CAGR of 7.3% from 2025 to 2030. The automotive demand is driven by the rapid adoption of technology and the strong policy support from the government. Additionally, increasing awareness about environmental concerns resulting in the adoption of alternate fuel vehicles (CNG, EVs), which, in turn, is driving the market growth.

Technological advancements in the entire supply chain are anticipated to drive the market in the next seven years. For instance, companies are adopting alternate channels such as e-commerce websites to sell vehicles. Selling commercial vehicles through e-commerce websites helps the OEMs in widening their distribution network and reducing the infrastructure and labor costs. For example, Eicher Motors Limited has recently launched five new vehicles that are exclusively available through the e-commerce channel. Similarly, sales of Tata Motor's small commercial vehicles and pickups have increased by 25% after the company opted for the e-commerce channel to sell its vehicles.

Amid the pandemic, the need to adhere to social distancing norms has encouraged consumers to invest in personal mobility options. This demand for personal transport options is a silver lining for automakers and is expected to marginally favor the growth of the country's automotive industry over the forecast period. Isolated transport options are emerging as the need of the hour, with several consumers opting for entry-level cars amid economic uncertainties. Shared mobility is expected to take a hit in the light of this ongoing trend. As the trend is significantly impacted by the consumer's spending power, it is expected that consumers with high spending capacity will dominate the sales of personal transportation options.

India Automotive Market Report Highlights:

  • The hatchback segment held the largest market share in 2024. The large market share is attributed to its smaller size, suited to Indian roads. The country's prominent passenger car manufacturers have also developed small hatchbacks suited to the Indian market.
  • The passenger vehicles segment dominated the market with a largest market share of 72.2% in 2024.
  • The buses with tonnage capacity ranging between 3.5 to 7.5 tons segment held the largest volume share in 2024. The segment primarily includes intra-city buses and special-purpose buses used for school, local tours, ambulance, hospitality, and other services.
  • The more than 25 tons segment held the largest volume share in 2024. Growing demand for goods and increased construction and infrastructure development drive the heavy trucks market demand.
  • The less than 2 tons segment is estimated to register the fastest CAGR over the forecast period. The primary factor influencing the growth rate is the use of light vehicles for last-mile deliveries.
Show more
Product Code: GVR-4-68039-303-5

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation and Scope
  • 1.2. Research Methodology
    • 1.2.1. Information Procurement
  • 1.3. Information or Data Analysis
  • 1.4. Methodology
  • 1.5. Research Scope and Assumptions
  • 1.6. Market Formulation & Validation
  • 1.7. Country Based Segment Share Calculation
  • 1.8. List of Data Sources

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segment Outlook
  • 2.3. Competitive Insights

Chapter 3. India Automotive Market Variables, Trends, & Scope

  • 3.1. Market Lineage Outlook
  • 3.2. Market Dynamics
    • 3.2.1. Market Driver Analysis
    • 3.2.2. Market Restraint Analysis
    • 3.2.3. Industry Challenge
  • 3.3. India Automotive Market Analysis Tools
    • 3.3.1. Industry Analysis - Porter's
      • 3.3.1.1. Bargaining power of the suppliers
      • 3.3.1.2. Bargaining power of the buyers
      • 3.3.1.3. Threats of substitution
      • 3.3.1.4. Threats from new entrants
      • 3.3.1.5. Competitive rivalry
    • 3.3.2. PESTEL Analysis
      • 3.3.2.1. Political landscape
      • 3.3.2.2. Economic landscape
      • 3.3.2.3. Social landscape
      • 3.3.2.4. Technological landscape
      • 3.3.2.5. Environmental landscape
      • 3.3.2.6. Legal landscape

Chapter 4. India Automotive Market: Type Estimates & Trend Analysis

  • 4.1. Segment Dashboard
  • 4.2. India Automotive Market: Type Movement Analysis, 2024 & 2030 (Volume Units)
  • 4.3. Passenger Vehicles
    • 4.3.1. Passenger Vehicles Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 4.4. Light Commercial Vehicles (LCVs)
    • 4.4.1. Light Commercial Vehicles (LCVs) Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 4.5. Heavy Trucks
    • 4.5.1. Heavy Trucks Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 4.6. Buses & Coaches
    • 4.6.1. Buses & Coaches Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 4.7. 3 Wheelers
    • 4.7.1. 3 Wheelers Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)

Chapter 5. India Automotive Market : Passenger Vehicles Estimates & Trend Analysis

  • 5.1. Segment Dashboard
  • 5.2. India Automotive Market : Passenger Vehicles Movement Analysis, 2024 & 2030 (Volume Units)
  • 5.3. Sedan
    • 5.3.1. Sedan Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 5.4. Hatchback
    • 5.4.1. Hatchback Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
    • 5.4.2. Mini Hatchback
      • 5.4.2.1. Hatchback Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
    • 5.4.3. Small Hatchback
      • 5.4.3.1. Small Hatchback Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 5.5. MUVs/MPVs/Vans
    • 5.5.1. HMUVs/MPVs/Vans Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)

Chapter 6. India Automotive Market : Light Commercial Vehicles Estimates & Trend Analysis

  • 6.1. Segment Dashboard
  • 6.2. India Automotive Market : Light Commercial Vehicles Movement Analysis, 2024 & 2030 (Volume Units)
  • 6.3. Less than 2 Tons
    • 6.3.1. Less than 2 Tons Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 6.4. 2 to 3.5 Tons
    • 6.4.1. 2 to 3.5 Tons Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 6.5. 3.5 to 7.5 Tons
    • 6.5.1. 3.5 to 7.5 Tons Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)

Chapter 7. India Automotive Market : Heavy Trucks Estimates & Trend Analysis

  • 7.1. Segment Dashboard
  • 7.2. India Automotive Market : Heavy Trucks Movement Analysis, 2024 & 2030 (Volume Units)
  • 7.3. 7.5 to 12 Tons
    • 7.3.1. 7.5 to 12 Tons Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 7.4. 12 to 25 Tons
    • 7.4.1. 12 to 25 Tons Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 7.5. More than 25 Tons
    • 7.5.1. 25 Tons Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)

Chapter 8. India Automotive Market : Buses & Coaches Estimates & Trend Analysis

  • 8.1. Segment Dashboard
  • 8.2. India Automotive Market : Buses & Coaches Movement Analysis, 2024 & 2030 (Volume Units)
  • 8.3. 3.5 to 7.5 Tons
    • 8.3.1. 3.5 to 7.5 Tons Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 8.4. 7.5 to 12 Tons
    • 8.4.1. 7.5 to 12 Tons Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)
  • 8.5. More than 12 Tons
    • 8.5.1. More than 12 Tons Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume Units)

Chapter 9. Competitive Landscape

  • 9.1. Company Categorization
  • 9.2. Company Market Positioning
  • 9.3. Company Heat Map Analysis
  • 9.4. Company Profiles/Listing
    • 9.4.1. ASHOK LEYLAND
      • 9.4.1.1. Participant's Overview
      • 9.4.1.2. Financial Performance
      • 9.4.1.3. Product Benchmarking
      • 9.4.1.4. Strategic Initiatives
    • 9.4.2. Bajaj Auto Ltd.
      • 9.4.2.1. Participant's Overview
      • 9.4.2.2. Financial Performance
      • 9.4.2.3. Product Benchmarking
      • 9.4.2.4. Strategic Initiatives
    • 9.4.3. Mercedes-Benz Group AG.
      • 9.4.3.1. Participant's Overview
      • 9.4.3.2. Financial Performance
      • 9.4.3.3. Product Benchmarking
      • 9.4.3.4. Strategic Initiatives
    • 9.4.4. EICHER MOTORS LIMITED
      • 9.4.4.1. Participant's Overview
      • 9.4.4.2. Financial Performance
      • 9.4.4.3. Product Benchmarking
      • 9.4.4.4. Strategic Initiatives
    • 9.4.5. Honda Motor Co., Ltd.
      • 9.4.5.1. Participant's Overview
      • 9.4.5.2. Financial Performance
      • 9.4.5.3. Product Benchmarking
      • 9.4.5.4. Strategic Initiatives
    • 9.4.6. Hyundai Motor India
      • 9.4.6.1. Participant's Overview
      • 9.4.6.2. Financial Performance
      • 9.4.6.3. Product Benchmarking
      • 9.4.6.4. Strategic Initiatives
    • 9.4.7. Mahindra&Mahindra Ltd.
      • 9.4.7.1. Participant's Overview
      • 9.4.7.2. Financial Performance
      • 9.4.7.3. Product Benchmarking
      • 9.4.7.4. Strategic Initiatives
    • 9.4.8. MARUTI SUZUKI INDIA LIMITED
      • 9.4.8.1. Participant's Overview
      • 9.4.8.2. Financial Performance
      • 9.4.8.3. Product Benchmarking
      • 9.4.8.4. Strategic Initiatives
    • 9.4.9. Piaggio & C. SpA
      • 9.4.9.1. Participant's Overview
      • 9.4.9.2. Financial Performance
      • 9.4.9.3. Product Benchmarking
      • 9.4.9.4. Strategic Initiatives
    • 9.4.10. Tata Motors
      • 9.4.10.1. Participant's Overview
      • 9.4.10.2. Financial Performance
      • 9.4.10.3. Product Benchmarking
      • 9.4.10.4. Strategic Initiatives
Show more
Product Code: GVR-4-68039-303-5

List of Tables

  • Table 1 India Automotive Market size estimates & forecasts 2018 - 2030 (Volume Units)
  • Table 2 India Automotive Market , by Type 2018 - 2030 (Volume Units)
  • Table 3 India Automotive Market , by Passenger Vehicles 2018 - 2030 (Volume Units)
  • Table 4 India Automotive Market , By Light Commercial Vehicles 2018 - 2030 (Volume Units)
  • Table 5 India Automotive Market , by Heavy Trucks 2018 - 2030 (Volume Units)
  • Table 6 India Automotive Market , by Buses & Coaches 2018 - 2030 (Volume Units)
  • Table 7 Passenger Vehicles market, by region 2018 - 2030 (Volume Units)
  • Table 8 Light Commercial Vehicles market, by region 2018 - 2030 (Volume Units)
  • Table 9 Heavy Trucks market, by region 2018 - 2030 (Volume Units)
  • Table 10 Buses & Coaches market, by region 2018 - 2030 (Volume Units)
  • Table 11 3 wheelers market, by region 2018 - 2030 (Volume Units)
  • Table 12 Sedan market, by region 2018 - 2030 (Volume Units)
  • Table 13 Hatchback market, by region 2018 - 2030 (Volume Units)
  • Table 14 Mini Hatchback market, by region 2018 - 2030 (Volume Units)
  • Table 15 Small Hatchback market, by region 2018 - 2030 (Volume Units)
  • Table 16 SUVs market, by region 2018 - 2030 (Volume Units)
  • Table 17 MUVs/MPVs/Vans market, by region 2018 - 2030 (Volume Units)
  • Table 18 2 to 3.5 Tons market, by region 2018 - 2030 (Volume Units)
  • Table 19 3.5 to 7.5 Tons market, by region 2018 - 2030 (Volume Units)
  • Table 20 7.5 to 12 Tons market, by region 2018 - 2030 (Volume Units)
  • Table 21 12.5 to 25 Tons market, by region 2018 - 2030 (Volume Units)
  • Table 22 More than 25 Tons market, by region 2018 - 2030 (Volume Units)
  • Table 23 3.5 to 7.5 Tons market, by region 2018 - 2030 (Volume Units)
  • Table 24 7.5 to 12 Tons-based market, by region 2018 - 2030 (Volume Units)
  • Table 25 More than 12 Tons market, by region 2018 - 2030 (Volume Units)

List of Figures

  • Fig. 1 India Automotive Market segmentation
  • Fig. 2 Market research deployment mode
  • Fig. 3 Information procurement
  • Fig. 4 Primary research pattern
  • Fig. 5 Market research approaches
  • Fig. 6 Value chain-based sizing & forecasting
  • Fig. 7 Parent market analysis
  • Fig. 8 Market formulation & validation
  • Fig. 9 India Automotive Market snapshot
  • Fig. 10 India Automotive Market segment snapshot
  • Fig. 11 India Automotive Market competitive landscape snapshot
  • Fig. 12 Market research deployment mode
  • Fig. 13 Market driver relevance analysis (Current & future impact)
  • Fig. 14 Market restraint relevance analysis (Current & future impact)
  • Fig. 15 India Automotive Market : Type outlook key takeaways (Volume Units)
  • Fig. 16 India Automotive Market : Type movement analysis 2024 & 2030 (Volume Units)
  • Fig. 17 Passenger Vehicles market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 18 Light Commercial Vehicles market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 19 Heavy Trucks market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 20 Buses & coaches market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 21 3 wheelers market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 22 India Automotive Market : Passenger Vehicles outlook key takeaways (Volume Units)
  • Fig. 23 India Automotive Market : Passenger Vehicles movement analysis 2024 & 2030 (Volume Units)
  • Fig. 24 Sedan market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 25 Hatchback market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 26 Mini Hatchback market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 27 Small Hatchback market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 28 SUVs market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 29 SUVs/MPVs/Vans market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 30 India Automotive Market : Light Commercial Vehicles outlook key takeaways (Volume Units)
  • Fig. 31 India Automotive Market : Light Commercial Vehicles movement analysis 2024 & 2030 (Volume Units)
  • Fig. 32 Less than 2 Tons market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 33 2 to 3.5 Tons market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 34 3.5 to 7.5 Tons market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 35 India Automotive Market : Heavy Trucks outlook key takeaways (Volume Units)
  • Fig. 36 India Automotive Market : Heavy Trucks movement analysis 2024 & 2030 (Volume Units)
  • Fig. 37 7.5 to 12 Tons market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 38 12 to 25 Tons market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 39 More than 25 Tons market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 40 India Automotive Market : Buses & Coaches outlook key takeaways (Volume Units)
  • Fig. 41 India Automotive Market : Buses & Coaches movement analysis 2024 & 2030 (Volume Units)
  • Fig. 42 3.5 to 7.5 Tons market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 43 7.5 to 12 Tons market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 44 More than 12 Tons market revenue estimates and forecasts, 2018 - 2030 (Volume Units)
  • Fig. 45 Strategy framework
  • Fig. 46 Company Categorization
Show more
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Contact Us +1-866-353-3335
Hi, how can we help?
Contact us!