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市场调查报告书
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1618276

印度的小型商旅车市场评估:车辆吨数·产业·推动区分·各地区的机会及预测 (2018-2032年)

India Small Commercial Vehicle Market Assessment, By Vehicle Tonnage, By Industry, By Propulsion, By Region, Opportunities and Forecast, FY2018-FY2032F

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 122 Pages | 商品交期: 3-5个工作天内

价格

印度轻型商用车市场规模预计将从 2024 年的 48.7 亿美元增长到 2032 年的 84.1 亿美元,预测期内复合年增长率为 7.58%。

印度的轻型商用车市场近年来经历了显着增长,并且由于区域市场物流服务的显着增加、网上购物的迅速普及以及道路和高速公路基础设施的日益发展,印度的轻型商用车市场将继续扩大。

由于城市化进程不断加快、企业加大投资引进新型先进轻型商用车、交通网络的扩张以及区域和地区产品运输的快速增长,印度对轻型商用车的需求不断增加。在物流和电子商务领域,轻型商用车是适合多种应用的多功能车辆,非常适合需要卡车进行定期短途作业的企业,并且由于其营运成本较低,需求不断增加。此外,轻型商用车有不同的尺寸和形状,并有多种客製化选项,可满足各行业的精确要求,也推动了预测期内的市场成长。

印度政府要求企业引进配备安全气囊、防锁死煞车系统和电子稳定性控制等先进安全功能的车辆,以在运输过程中有效保护货物和人员。此外,更严格的排放法规正在影响电动车市场的供应方,製造商必须升级产品以符合新法规。 FAME-II 等政府计划正在刺激需求,鼓励製造商投资电动车技术,并扩大轻型商用车市场的电动车供应。

本报告提供印度的小型商旅车的市场调查,彙整市场定义和概要,市场规模的转变·预测,各种区分·地区/各主要国家的详细分析,产业结构,影响市场成长因素的分析,案例研究,竞争情形,主要企业简介等资讯。

目录

第1章 计划的范围和定义

第2章 调查手法

第3章 摘要整理

第4章 客户的迴响

  • 受访者的人口统计
  • 偏好的推动类型
  • 偏好的车辆类型
  • 偏好的品牌
  • 购买决策的影响因素
  • 对业务带来影响的主要的问题
  • 小型商旅车所需的功能与改善点
  • 售后支持

第5章 印度的小型商旅车市场展望

  • 市场规模的分析·预测
  • 市场占有率的分析·预测
    • 车辆吨数(GVM)
    • 各产业
    • 各推动种类
    • 各地区
    • 企业占有率分析
  • 市场地图分析

第6章 印度的不满1吨的商用车市场展望

  • 市场规模的分析·预测
  • 市场占有率的分析·预测
    • 各产业
    • 各推动种类

第7章 印度的1~2.8吨的商用车市场展望

  • 市场规模的分析·预测
  • 市场占有率的分析·预测
    • 各产业
    • 各推动种类

第8章 印度的1.9~2.7吨的商用车市场展望

  • 市场规模的分析·预测
  • 市场占有率的分析·预测
    • 各产业
    • 各推动种类

第9章 印度的2.8~3.5吨的商用车市场展望

  • 市场规模的分析·预测
  • 市场占有率的分析·预测
    • 各产业
    • 各推动种类

第10章 供需分析

第11章 进出口的分析

第12章 价值链分析

第13章 大环境分析

第14章 波特的五力分析

第15章 市场动态

  • 推动市场要素
  • 市场课题

第16章 市场趋势·展开

第17章 价格分析

第18章 案例研究

第19章 竞争情形

  • 前五名公司的竞争矩阵
  • 前十大企业的形势
    • Tata Motors Limited
    • Mahindra & Mahindra Limited
    • Ashok Leyland Limited
    • Bajaj Auto Limited
    • Maruti Suzuki India Limited
    • Piaggio Vehicles Pvt.
    • TVS Motor Company Limited
    • Atul Auto Limited
    • OMEGA SEIKI MOBILITY
    • Euler Motors Private Limited

第20章 策略性建议

第21章 关于本公司·免责声明

Product Code: MX12426

India small commercial vehicle market is projected to witness a CAGR of 7.58% during the forecast period FY2025-FY2032, growing from USD 4.87 billion in FY2024 to USD 8.41 billion in FY2032. The market has experienced significant growth in recent years and is expected to maintain an expansion in the coming years owing to a substantial increase in logistics services in the local market, a rapid trend of online shopping, and rising road and highway infrastructure development. India small commercial vehicle market demand is projected to rise owing to rising urbanization, increasing investment by companies in introducing new and advanced small commercial vehicles, expansion in the shipping network, and surging transportation of products between local and regional destinations. In addition, in the logistics and e-commerce sector, the demand for SCVs is propelling as they are versatile machines suitable for a variety of applications, ideal for businesses that require trucks for regular short-haul operations and offer low operational costs. Small commercial vehicles are available in different sizes and shapes, offering a variety of customization choices to address the precise requirements of different industries and driving the market growth for SCVs in India in the forecast period. Moreover, the government of India is compelling companies to introduce vehicles equipped with advanced safety features, including airbags, anti-lock braking systems, and electronic stability control, to ensure that both their goods and personnel are efficiently protected throughout transportation. Furthermore, stricter emission norms are affecting the supply side of the electric vehicle market, requiring manufacturers to upgrade their offerings to comply with new regulations, which impacts production processes and costs. Government schemes like FAME-II boost demand and encourage manufacturers to invest in electric vehicle technology, thereby expanding the supply of EVs in the SCV market.

Rising urbanization, increasing transit of goods between local and regional destinations, and expanding small and medium-sized firms are projected to introduce different market growth opportunities for key companies. Also, companies in the India SCV market plan to introduce new small commercial vehicles to address the rising demand from the middle-class income group and expand their market presence.

For instance, in December 2023, Tata Motors Limited announced the launch of the all-new Intra V70, Intra V20 Gold, and Ace HT+, which can carry higher payloads over longer distances with better economics. This launch enables customers to choose the most optimal vehicle for their needs.

Rapid Introduction of Electric Small Commercial Vehicle Drives Market Growth

The surging introduction of electric small commercial vehicles, growing awareness concerning sustainable transportation, and the significant development of electric charging infrastructure are projected to drive demand for electric small commercial vehicles in India. The demand for electric small commercial vehicles is estimated to rise as electric SCVs offer cost-effectiveness, reduce carbon footprint, and are convenient to drive. Companies in the market are efficiently integrating an advanced all-weather battery cooling system and regenerative braking system to advance the driving range and offer regular and fast charging capabilities coupled with ensuring best-in-class pickup and grade-ability, surging the demand for small electric commercial vehicles in India. In addition, key participants are designing vehicles for continuous haulage operations with lower charging intervals to contribute to a greener future and deliver superior value and low ownership costs. Furthermore, companies in the market plan to launch advanced small commercial vehicles that efficiently offer customers superior performance with maximum profits.

For instance, in September 2023, Mahindra & Mahindra Limited announced the launch of its first dual-fuel small commercial vehicle, the new Supro CNG Duo, to deliver superior style, superior power, superior comfort, and superior safety, leading to superior profits for customers.

E-Commerce Expansion and Last-Mile Delivery Propel the Market Demand

The significant growth in e-commerce is considerably impacting the small commercial vehicle market due to the significant rise in online shopping, the growing requirement for efficient last-mile delivery solutions, and increasing demand from urban logistics. Fleet operators are rapidly using small commercial vehicles in logistics as they are flexible, cost-effective, and easily accessible to various locations at frequent intervals, driving India's small commercial vehicle market demand in the forecast period. The transportation of time-sensitive and perishable goods, including pharmaceuticals, food, and flowers, demand transfer through small, refrigerated trucks, propelling the demand for India's small commercial vehicle market. Companies in the market are launching advanced vehicles that will be known for their lower fuel consumption, overall cost-effectiveness in covering short distances, and easy maneuverability in congested and tight spaces.

For instance, in October 2024, Mahindra & Mahindra Limited announced the launch of the Mahindra Zeo electric small commercial vehicle in the less than 2-ton category.

ICE Dominates the India Small Commercial Vehicle Market Share

ICE vehicles dominate the India small commercial vehicle market as these vehicles contribute to lower maintenance costs and ease of repairs, coupled with lower initial purchase prices compared to EVs. The rapid e-commerce expansion has increased the requirement for efficient last-mile delivery solutions, driving the demand for ICE vehicles in India. In addition, ICE vehicles have different gears, including high and low speeds, to address revolutions per minute requirements for torque, driving the India ICE vehicle market growth in the forecast period. A large number of end users and businesses have a strong preference for ICE vehicles owing to their durability in the market, propelling market growth. Also, companies in the market are planning to launch new ICE vehicles to expand their footprint and product portfolio.

For instance, in May 2024, Ashok Leyland announced the launch of six new light commercial vehicles, offering different payload capacities, incorporating various technologies, and catering to different volume requirements.

Northern India Holds the Largest Market Share

Northern India holds the largest market share owing to significant economic growth, rapid urbanization, e-commerce expansion, and agricultural sector development. The considerable rise in urban population requires efficient logistics solutions for last-mile connectivity, propelling the Northern India small commercial vehicle market growth. The continuous development of road infrastructure across Northern India surges small commercial vehicle requirements. In addition, the rapid expansion of e-commerce in Northern India has introduced different market growth opportunities for the market players in India. Companies in the market, including Ashok Leyland, Tata Motors, and others in Northern India, contribute to competitive pricing and planning to establish extensive dealer networks and service centers to ensure customers access cost-effective vehicles and support services.

For instance, in May 2024, Ashok Leyland inaugurated its new dealership for light commercial vehicles in North Delhi and added to the robust LCV distribution network with over 700 touch points to expand their market presence.

Future Market Scenario (FY2025-FY2032F)

The significant boom in the e-commerce sector in India is propelling the India small commercial vehicle market demand as businesses demand efficient logistics solutions for reliable and quick last-mile deliveries.

Rapid urbanization is growing the requirement for effective transportation solutions in highly populated locations, making SCVs an ideal choice for delivering goods efficiently across narrow streets.

SCVs offer a cost-effective transportation choice for small businesses, with lower initial purchase prices and operational costs compared to heavy commercial vehicles, which are fascinating to budget-conscious operators.

Supportive government policies, including financial incentives for the production of electric small commercial vehicles and investments in infrastructure, are driving the demand for India SCVs market in the near future.

Key Players Landscape and Outlook

Companies in the market are efficiently investing in different research and development activities to advance the functioning of small commercial vehicles and address the rising demand for advanced vehicles. Key participants in the market are integrating different advanced technologies in the SCVs to offer an overall better driving experience and enhance safety features in vehicles. In addition, companies are adopting different market growth strategies, including joint ventures, mergers and acquisitions, collaborations, new product launches, and others to expand their market portfolio and market presence. Furthermore, companies in the market are efficiently testing their products before launching them to capture the largest market share, offer comfort, and enhance the vehicle's performance.

For instance, in September 2024, Tata Motors Limited announced the signing of a Memorandum of Understanding with ESAF Small Finance Band to offer different solutions concerning financing a small and light commercial vehicle to its customers.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

  • 4.1. Respondent Demographics
  • 4.2. Preferred Propulsion Type
  • 4.3. Preferred Vehicle Type
  • 4.4. Preferred Brand
  • 4.5. Factors Influencing Purchase Decision
  • 4.6. Key Issues Impacting Operations
  • 4.7. Desired Features and Improvements in Small Commercial Vehicles
  • 4.8. After-Sales Support

5. India Small Commercial Vehicle Market Outlook, FY2018-FY2032F

  • 5.1. Market Size Analysis & Forecast
    • 5.1.1. By Value
    • 5.1.2. By Volume
  • 5.2. Market Share Analysis & Forecast
    • 5.2.1. By Vehicle Tonnage (GVM)
      • 5.2.1.1. Below 1 Ton
      • 5.2.1.2. 1-1.8 Ton
      • 5.2.1.3. 1.9-2.7 Ton
      • 5.2.1.4. 2.8-3.5 Ton
    • 5.2.2. By Industry
      • 5.2.2.1. FMCG
      • 5.2.2.2. E-Commerce
      • 5.2.2.3. Agriculture
      • 5.2.2.4. Construction
      • 5.2.2.5. Pharma
      • 5.2.2.6. Electronics
      • 5.2.2.7. Oil and Gas
      • 5.2.2.8. Hospitality
      • 5.2.2.9. Others
    • 5.2.3. By Propulsion
      • 5.2.3.1. ICE
      • 5.2.3.2. Electric
    • 5.2.4. By Region
      • 5.2.4.1. North
      • 5.2.4.2. East
      • 5.2.4.3. West and Central
      • 5.2.4.4. South
    • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
  • 5.3. Market Map Analysis, FY2024
    • 5.3.1. By Vehicle Tonnage (GVW)
    • 5.3.2. By Industry
    • 5.3.3. By Propulsion
    • 5.3.4. By Region

6. India Below 1 Ton Commercial Vehicle Market Outlook, FY2018-FY2032F*

  • 6.1. Market Size Analysis & Forecast
    • 6.1.1. By Value
    • 6.1.2. By Volume
  • 6.2. Market Share Analysis & Forecast
    • 6.2.1. By Industry
      • 6.2.1.1. FMCG
      • 6.2.1.2. E-Commerce
      • 6.2.1.3. Agriculture
      • 6.2.1.4. Construction
      • 6.2.1.5. Pharma
      • 6.2.1.6. Electronics
      • 6.2.1.7. Oil and Gas
      • 6.2.1.8. Hospitality
      • 6.2.1.9. Others
    • 6.2.2. By Propulsion
      • 6.2.2.1. ICE
      • 6.2.2.2. Electric

7. India 1-2.8 Ton Commercial Vehicle Market, FY2018-FY2032F

  • 7.1. Market Size Analysis & Forecast
    • 7.1.1. By Value
    • 7.1.2. By Volume
  • 7.2. Market Share Analysis & Forecast
    • 7.2.1. By Industry
      • 7.2.1.1. FMCG
      • 7.2.1.2. E-Commerce
      • 7.2.1.3. Agriculture
      • 7.2.1.4. Construction
      • 7.2.1.5. Pharma
      • 7.2.1.6. Electronics
      • 7.2.1.7. Oil and Gas
      • 7.2.1.8. Hospitality
      • 7.2.1.9. Others
    • 7.2.2. By Propulsion
      • 7.2.2.1. ICE
      • 7.2.2.2. Electric

8. India 1.9-2.7 Ton Commercial Vehicle Market, FY2018-FY2032F

  • 8.1. Market Size Analysis & Forecast
    • 8.1.1. By Value
    • 8.1.2. By Volume
  • 8.2. Market Share Analysis & Forecast
    • 8.2.1. By Industry
      • 8.2.1.1. FMCG
      • 8.2.1.2. E-Commerce
      • 8.2.1.3. Agriculture
      • 8.2.1.4. Construction
      • 8.2.1.5. Pharma
      • 8.2.1.6. Electronics
      • 8.2.1.7. Oil and Gas
      • 8.2.1.8. Hospitality
      • 8.2.1.9. Others
    • 8.2.2. By Propulsion
      • 8.2.2.1. ICE
      • 8.2.2.2. Electric

9. India 2.8-3.5 Ton Commercial Vehicle Market, FY2018-FY2032F

  • 9.1. Market Size Analysis & Forecast
    • 9.1.1. By Value
    • 9.1.2. By Volume
  • 9.2. Market Share Analysis & Forecast
    • 9.2.1. By Industry
      • 9.2.1.1. FMCG
      • 9.2.1.2. E-Commerce
      • 9.2.1.3. Agriculture
      • 9.2.1.4. Construction
      • 9.2.1.5. Pharma
      • 9.2.1.6. Electronics
      • 9.2.1.7. Oil and Gas
      • 9.2.1.8. Hospitality
      • 9.2.1.9. Others
    • 9.2.2. By Propulsion
      • 9.2.2.1. ICE
      • 9.2.2.2. Electric

10. Supply Demand Analysis

11. Import and Export Analysis

12. Value Chain Analysis

13. PESTLE Analysis

14. Porter's Five Forces Analysis

15. Market Dynamics

  • 15.1. Market Drivers
  • 15.2. Market Challenges

16. Market Trends and Developments

17. Pricing Analysis

18. Case Studies

19. Competitive Landscape

  • 19.1. Competition Matrix of Top 5 Market Leaders
  • 19.2. Key Players Landscape for Top 10 Market Players
    • 19.2.1. Tata Motors Limited
      • 19.2.1.1. Company Details
      • 19.2.1.2. Key Management Personnel
      • 19.2.1.3. Products and Services
      • 19.2.1.4. Financials (As Reported)
      • 19.2.1.5. Key Market Focus and Geographical Presence
      • 19.2.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisitions
    • 19.2.2. Mahindra & Mahindra Limited
    • 19.2.3. Ashok Leyland Limited
    • 19.2.4. Bajaj Auto Limited
    • 19.2.5. Maruti Suzuki India Limited
    • 19.2.6. Piaggio Vehicles Pvt.
    • 19.2.7. TVS Motor Company Limited
    • 19.2.8. Atul Auto Limited
    • 19.2.9. OMEGA SEIKI MOBILITY
    • 19.2.10. Euler Motors Private Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

20. Strategic Recommendations

21. About Us and Disclaimer

List of Tables

  • Table 01: India Small Commercial Vehicle Import Data, By Value (USD Thousand), FY2019-20 to FY2023-24
  • Table 02: India Small Commercial Vehicle Export Data, By Value (USD Thousand), FY2019-20 to FY2023-24
  • Table 03: Pricing Analysis of Small Commercial Vehicle, FY2024
  • Table 04: India Small Commercial Vehicle Market - Competition Matrix of Market Leaders, FY2024

List of Figures

  • Figure 01: Position of Respondent
  • Figure 02: Respondents, By Industry Sector
  • Figure 03: Respondents, By Region
  • Figure 04: Preferred Propulsion Type (%)
  • Figure 05: Preferred Vehicle Type (%)
  • Figure 06: Preferred Vehicle Tonnage (GVW) (%)
  • Figure 07: Preferred Brand (%)
  • Figure 08: By Factors Influencing Purchase Decision (%)
  • Figure 09: Key Issues Impacting Operations (%)
  • Figure 10: After-Sales Support Attributes (%)
  • Figure 11: India Small Commercial Vehicle Market Size, By Value (USD Million), FY2018-FY2032F
  • Figure 12: India Small Commercial Vehicle Market Size, By Volume (Units), FY2018-FY2032F
  • Figure 13: India Small Commercial Vehicle Market Share, By Vehicle Tonnage (GVW), By Value, FY2018-FY2032F
  • Figure 14: India Small Commercial Vehicle Market Share, By Industry, By Value, FY2018-FY2032F
  • Figure 15: India Small Commercial Vehicle Market Share, By Propulsion, By Value, FY2018-FY2032F
  • Figure 16: India Small Commercial Vehicle Market Share, By Region, By Value, FY2018-FY2032F
  • Figure 17: India Small Commercial Vehicle Market Share, By Company, By Value, FY2024
  • Figure 18: India Small Commercial Vehicle Market Map, By Vehicle Tonnage (GVW), By Value, FY2024
  • Figure 19: India Small Commercial Vehicle Market Map, By Industry, By Value, FY2024
  • Figure 20: India Small Commercial Vehicle Market Map, By Propulsion, By Value, FY2024
  • Figure 21: India Small Commercial Vehicle Market Map, By Region, By Value, FY2024
  • Figure 22: India Below 1 Ton Commercial Vehicle Market Size, By Value (USD Million), FY2018-FY2032F
  • Figure 23: India Below 1 Ton Commercial Vehicle Market Size, By Volume (Units), FY2018-FY2032F
  • Figure 24: India Below 1 Ton Commercial Vehicle Market Share, By Industry, By Value, FY2018-FY2032F
  • Figure 25: India Below 1 Ton Commercial Vehicle Market Share, By Propulsion, By Value, FY2018-FY2032F
  • Figure 26: India 1-1.8 Ton Commercial Vehicle Market Size, By Value (USD Million), FY2018-FY2032F
  • Figure 27: India 1-1.8 Ton Commercial Vehicle Market Size, By Volume (Units), FY2018-FY2032F
  • Figure 28: India 1-1.8 Ton Commercial Vehicle Market Share, By Industry, By Value, FY2018-FY2032F
  • Figure 29: India 1-1.8 Ton Commercial Vehicle Market Share, By Propulsion, By Value, FY2018-FY2032F
  • Figure 30: India 1.9-2.7 Ton Commercial Vehicle Market Size, By Value (USD Million), FY2018-FY2032F
  • Figure 31: India 1.9-2.7 Ton Commercial Vehicle Market Size, By Volume (Units), FY2018-FY2032F
  • Figure 32: India 1.9-2.7 Ton Commercial Vehicle Market Share, By Industry, By Value, FY2018-FY2032F
  • Figure 33: India 1.9-2.7 Ton Commercial Vehicle Market Share, By Propulsion, By Value, FY2018-FY2032F
  • Figure 34: India 2.8-3.5 Ton Commercial Vehicle Market Size, By Value (USD Million), FY2018-FY2032F
  • Figure 35: India 2.8-3.5 Ton Commercial Vehicle Market Size, By Volume (Units), FY2018-FY2032F
  • Figure 36: India 2.8-3.5 Ton Commercial Vehicle Market Share, By Industry, By Value, FY2018-FY2032F
  • Figure 37: India 2.8-3.5 Ton Commercial Vehicle Market Share, By Propulsion, By Value, FY2018-FY2032F
  • Figure 38: National Highway Construction in India
  • Figure 39: Internet Users in India, 2019-23
  • Figure 40: India E-Commerce Market Shipment Volume, 2023