封面
市场调查报告书
商品编码
1642362

印度的售后市场汽车零件市场评估:车辆类型·零件类型·销售管道·各地区的机会及预测 (2018-2032年)

India Aftermarket Automotive Component Market Assessment, By Vehicle Type, By Component Type, By Sales Channel, By Region, Opportunities and Forecast, FY2018-FY2032F

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 125 Pages | 商品交期: 3-5个工作天内

价格

印度售后汽车零件市场规模预计将从 2024 年的 115.6 亿美元增长到 2032 年的 200.1 亿美元,预测期内的复合年增长率为 7.10%。近年来,市场经历了显着增长,由于道路上车辆数量的大幅增加、技术进步、可支配收入的提高以及电动和连网汽车技术的出现,预计未来几年将继续扩大。

印度汽车工业逐年成长,随之而来的是,对售后汽车零件的需求也不断增加。这种繁荣的背后有几个因素,包括中产阶级人口的成长。随着收入的增加,消费者对优质和客製化的汽车零件的需求越来越大。人们希望透过高品质、价格合理的零件来提升车辆的美观和性能,这进一步推动了售后汽车零件市场的成长。此外,车辆老化也是推动售后零件需求的关键因素。

该行业的公司正在积极推动需求,推出新零件以满足客户需求。我们也致力于透过扩展到所有销售管道,包括我们自己的线上商店、电子商务平台和线下销售,为客户带来顺畅的购买体验。

本报告提供印度的售后市场汽车零件的市场调查,彙整市场定义和概要,市场规模的转变·预测,各种区分的详细分析,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

  • 产品及市场情报
  • 品牌认识方式
  • 决定是否购买时考虑的要素
  • 隐私与法规相关考察

第5章 印度的售后市场汽车零件市场展望

  • 市场规模的分析·预测
  • 市场占有率的分析·预测
    • 车辆各类型
    • 各类型零件
    • 各销售管道
    • 各地区
    • 企业占有率分析(前五名公司以及其他)
  • 市场地图分析

第6章 供需分析

第7章 进出口的分析

第8章 价值链分析

第9章 波特的五力分析

第10章 大环境分析

第11章 价格分析

第12章 市场动态

  • 推动市场要素
  • 市场课题

第13章 市场趋势·展开

第14章 竞争情形

  • 前五名公司的竞争矩阵
  • 前五名公司的SWOT分析
  • 前十大企业的形势
    • Bosch Limited
    • Uno Minda Limited
    • Rane Holding Limited
    • Samvardhana Motherson Auto System (SMAS) Pvt. Ltd.
    • Automotive Axles Limited
    • Endurance Technologies Limited
    • Valeo Service India Private Limited
    • DENSO International India Private Limited
    • Anand Group
    • Niterra India PVT. LTD.

第15章 策略性建议

第16章 关于调查公司·免责声明

Product Code: MX12635

India aftermarket automotive component market is projected to witness a CAGR of 7.10% during the forecast period FY2025-FY2032, growing from USD 11.56 billion in FY2024 to USD 20.01 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 significant rise in automobiles on the street, technological advancements, rising disposable income, and the advent of electric vehicles and connected vehicle technology.

India automotive industry is flourishing, showcasing growth every year, and with that, the demand for aftermarket automotive components is increasing. This booming sector can be attributed to several factors, including the growing middle-class population. With increased income, consumers increasingly seek premium and customized vehicle parts. The desire to enhance the aesthetics and performance of the vehicle with high-quality, affordable parts is growing the aftermarket automotive components market further. Moreover, aging vehicles also play a crucial role in driving the demand for aftermarket components. As the vehicle ages, it requires maintenance and repair parts to keep it running efficiently and safely.

Companies within the sector are actively fostering the demand by introducing new parts according to the customers' needs. Moreover, companies are trying to make the purchasing experience smooth for the customer by advancing to all the sales channels, including their own online store, E-commerce platforms, and offline availability. Moreover, companies are trying every unique idea that they feel would increase sales, enhance their experience, and grow the overall market of aftermarket automotive components.

For instance, in May 2022, ZF India Pvt. Ltd. opened its first integrated sales and service location in Bengaluru. Distribution, sales, retrofitting, after-sales support, diagnostics, and training are all seamlessly integrated into an innovative one-stop shop. In addition to showcasing ZF's whole portfolio which includes names like Sachs, Lemforder, TRW, and WABCO-it also makes use of cutting-edge technology to assist Indian fleet and mobility users.

Rising Vehicle Population Drives India Aftermarket Automotive Component Market Demand

India has been witnessing robust growth in domestic vehicle sales. With more vehicles on the road, the demand for service and replacement parts has surged, establishing a strong market for these components. Moreover, the increasing customer purchasing power is boosting the demand further. Customers are now looking for better aftermarket parts, offering room for auto part makers to solidify their parts manufacturing and technological advancements further. According to the data released by the Society of India Automobile Manufacturers (SIAM), India has witnessed a total domestic sale of more than 23 million in FY2023-FY2024. Furthermore, it is expected to grow due to the rise of electric cars, which is making a new place in the automobile industry. This transition towards electric vehicles propels the demand for electric vehicle components such as batteries, electric powertrains, and regenerative braking technology. Additionally, the industry has also witnessed collaborations and advancements to meet the current and anticipated higher demand in the future.

For instance, in February 2024, Sodion Energy Pvt. Ltd. launched India's first sodium-ion battery, aiming to revolutionize electric vehicles. The company plans to focus on the aftermarket before collaborating with OEMs, demonstrating strategic innovation and market insight.

Expansion of E-Commerce Propels India Aftermarket Automotive Component Market Growth

The growth of e-commerce has a big impact on the expansion of the automotive aftermarket sector. Online stores give customers multiple choices and make shopping easy. Companies can now sell straight to buyers, skipping the usual intermediaries and cutting costs. Many businesses have set up their own websites to make buying simpler, letting them offer products right to customers. Also, low prices and online deals make these parts cheaper, increasing demand. Moreover, things like online reviews and ratings help buyers know more and feel sure about their purchases. This helps consumers make smart choices and boosts the demand for aftermarket parts. Furthermore, the automotive aftermarket sector is experiencing notable acquisitions that are transforming the landscape of automotive e-commerce.

For instance, in August 2023, CEAT Ltd. acquired Tyresnmore Online Private Limited, specializing in selling tires, batteries, and other vehicle accessories online. Such moves indicate a growing recognition of the importance of digital platforms in reaching consumers.

Passenger Cars to Drive India Aftermarket Automotive Component Market Growth

The growth of the India aftermarket automotive component is primarily driven by passenger cars due to their high complexity and numerous parts. These vehicles have intricate systems that need immediate repair to avoid any big accidents. Due to this concern, consumers prioritize repairs over paying a hefty amount for any massive failure. Additionally, the increasing middle-class population is boosting the number of passenger cars on the roads. This rise in vehicle numbers and higher revenue per vehicle due to costlier parts make passenger cars a significant contributor to the aftermarket automotive components market. Moreover, companies are also seeing this trend and focusing on providing good and affordable parts for customers. They recognize that meeting the demands of this growing trend requires a balance between cost and performance.

For instance, in November 2024, Uno Minda Limited launched the new car DVR 2.0 with Level 2 Advanced Driver Assistance System (ADAS) to enhance driver safety in the Indian Aftermarket. The device aims to reduce accident risks by monitoring surroundings and providing real-time alerts for potential hazards.

Northern Region to Dominate India Aftermarket Automotive Component Market

The northern region holds the largest market share of India aftermarket automotive components market owing to the presence of a large number of third-party vendors. Moreover, the northern region witnessed high urbanization and increased disposable income. Furthermore, the northern region dominates market growth owing to robust economic development and extensive logistics networks. Uttar Pradesh, Punjab, and Haryana are hubs where people prefer customizing their cars themselves rather than relying on factory-fitted parts and looks provided by the companies; this trend is projected to drive the growth of India's aftermarket automotive vehicle component market in the forecast period. Additionally, logistics companies and e-commerce platforms are significant in the northern region, driving increased demand and leading the market growth for aftermarket automotive vehicle components in India. In addition, companies are announcing the establishment of manufacturing facilities for automotive components to address the growing demand for high-performance and advanced components.

For instance, in December 2023, Advantec Wheels Pvt. Ltd. announced a USD 11.65 million investment in flow-forged alloy wheels, targeting India's domestic aftermarket. With a 200,000-unit plant in Jammu & Kashmir, the company aims to meet the growing demand for premium, customized alloy wheels in India.

Future Market Scenario (FY2025-FY2032F)

Increased income of consumers and a corresponding increase in demand to install advanced car parts will foster growth in the automotive aftermarket industry.

Investment in technological advancement and research and development by key players is enhancing the quality and variety of aftermarket components, catering to diverse vehicle segments.

The shift towards electric and hybrid vehicles is enhancing the aftermarket, with a growing need for specialized parts for new-age vehicles.

Collaborations with global firms and strategic partnerships by Indian firms will increase the product portfolio for components and cater to the robust demand in the aftermarket.

Key Players Landscape and Outlook

Key companies in India aftermarket automotive components are strategically expanding their product portfolios and market presence by investing in research and development, forging partnerships, and adopting advanced technologies. By diversifying into electric and hybrid vehicle aftermarket components, these companies effectively cater to the increasing demand from eco-conscious consumers. Furthermore, as consumer preferences shift towards online purchasing, these companies are adapting their sales strategies to incorporate e-commerce platforms, thereby broadening their reach and accessibility to customers. Additionally, leveraging collaborations with global firms enhances their innovation capabilities, while robust supply chain management ensures efficient production and distribution, ultimately strengthening their competitive edge in the market.

In September 2023, Anand Group and Korea's HL Group formed a JV to expand India's aftermarket business for passenger vehicles. This partnership aims to double Anand's market size and strengthen HL's presence in India by focusing on a wide range of automotive components for domestic and international markets.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

  • 4.1. Product and Market Intelligence
  • 4.2. Brand Awareness
  • 4.3. Factors Considered in Purchase Decisions
    • 4.3.1. Cost
    • 4.3.2. Quality and Durability
    • 4.3.3. Compatibility
    • 4.3.4. Brand Preference
    • 4.3.5. Availability
    • 4.3.6. Recommendation and Reviews
    • 4.3.7. Warranty and After-Sales Service
  • 4.4. Consideration of Privacy and Regulations

5. India Aftermarket Automotive Component Market Outlook, FY2018-FY2032

  • 5.1. Market Size Analysis & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share Analysis & Forecast
    • 5.2.1. By Vehicle Type
      • 5.2.1.1. Two-Wheelers
      • 5.2.1.2. Three-Wheelers
      • 5.2.1.3. Passenger Cars
      • 5.2.1.4. Light Commercial Vehicles
      • 5.2.1.5. Medium and Heavy Commercial Vehicles
      • 5.2.1.6. Others
    • 5.2.2. By Component Type
      • 5.2.2.1. Engine Parts
      • 5.2.2.2. Chassis Components
      • 5.2.2.3. Braking Systems
      • 5.2.2.4. Electrical Systems
      • 5.2.2.5. Body Components
      • 5.2.2.6. Safety Systems
      • 5.2.2.7. Telematics and Connectivity Components
      • 5.2.2.8. Others
    • 5.2.3. By Sales Channel
      • 5.2.3.1. Online
      • 5.2.3.2. Offline
    • 5.2.4. By Region
      • 5.2.4.1. North
      • 5.2.4.2. South
      • 5.2.4.3. East
      • 5.2.4.4. West and Central
    • 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 Type
    • 5.3.2. By Component Type
    • 5.3.3. By Sales Channel
    • 5.3.4. By Region

6. Demand Supply Analysis

7. Import and Export Analysis

8. Value Chain Analysis

9. Porter's Five Forces Analysis

10. PESTLE Analysis

11. Pricing Analysis

12. Market Dynamics

  • 12.1. Market Drivers
  • 12.2. Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

  • 14.1. Competition Matrix of Top 5 Market Leaders
  • 14.2. SWOT Analysis for Top 5 Players
  • 14.3. Key Players Landscape for Top 10 Market Players
    • 14.3.1. Bosch Limited
      • 14.3.1.1. Company Details
      • 14.3.1.2. Key Management Personnel
      • 14.3.1.3. Products and Services
      • 14.3.1.4. Financials (As Reported)
      • 14.3.1.5. Key Market Focus and Geographical Presence
      • 14.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisitions
    • 14.3.2. Uno Minda Limited
    • 14.3.3. Rane Holding Limited
    • 14.3.4. Samvardhana Motherson Auto System (SMAS) Pvt. Ltd.
    • 14.3.5. Automotive Axles Limited
    • 14.3.6. Endurance Technologies Limited
    • 14.3.7. Valeo Service India Private Limited
    • 14.3.8. DENSO International India Private Limited
    • 14.3.9. Anand Group
    • 14.3.10. Niterra India PVT. LTD.

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

15. Strategic Recommendations

16. About Us and Disclaimer

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. India Aftermarket Automotive Component Market, By Value, In USD Billion, FY2018-FY2032F
  • Figure 2. India Aftermarket Automotive Component Market Share (%), By Vehicle Type, FY2018-FY2032F
  • Figure 3. India Aftermarket Automotive Component Market Share (%), By Component Type, FY2018-FY2032F
  • Figure 4. India Aftermarket Automotive Component Market Share (%), By Sales Channel, FY2018-FY2032F
  • Figure 5. India Aftermarket Automotive Component Market Share (%), By Region, FY2018-FY2032F
  • Figure 6. By Vehicle Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
  • Figure 7. By Component Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
  • Figure 8. By Sales Channel Map-Market Size (USD Billion) & Growth Rate (%), FY2024
  • Figure 9. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2024