Research and Markets (http://www.researchandmarkets.com/research/695008/indian_automobile)
has announced the addition of the "Indian
Automobile Sector Analysis" report to their offering.
De-licensing in 1991 put the Indian automobile industry on a new growth
trajectory, which attracted foreign auto giants to set up their
production facilities in the country to take advantage of the various
benefits it offers. Large middle class population, growing earning power
and strong technological capability have been boosting automobile demand
for the past few years. Despite economic slowdown, the Indian automobile
sector is expected to see high growth in coming years, especially in
passenger cars segment, said our new research report, "Indian
Automobile Sector Analysis".
The passenger vehicle market, which constitutes around 80% of automobile
sales, has immense growth potential as passenger car stock stood at
around 11 per 1,000 people in 2008. Anticipating the future market
potential, the production of passenger vehicle is forecasted to grow at
a CAGR of around 10% from 2009-10 to 2012-13.
The recent launch of Tata Nano has brought about a new revolution in the
country's small car segment. Seeing the good initial response from
consumers, many other players in the industry are chalking out their
plans to launch cars in this segment in the next few years. Our research
foresees a CAGR growth of around 14.5% in domestic volume sales of
passenger vehicles during the forecast period. Other segments, such as
two-wheelers, multi-purpose vehicle and light commercial vehicle, are
also expected to witness fast growth in coming years.
The report covers various aspects of the Indian automobile market and
gives a detailed analysis of its various segments such as passenger
vehicle, commercial vehicle, utility vehicles, multi-purpose, two
wheelers and three wheelers. Each section succinctly explains the
current and future market trends, and developments in the Indian
automobile market. There are immense opportunities for various industry
players including automobile manufacturers and players of automobile
components.
Besides, we have also comprehensively analyzed the auto component
industry and its future outlook. The study has evaluated growth avenues
available for the automobile market, which include automotive design
market, non-conventional vehicle market, domestic tyre industry, India
as global manufacturing hub, green car market etc.
Key Topics Covered:
1. Analyst View
2. India's Rank in Global Automobile Industry
3. RNCOS' View on Indian Automobile Industry
4. Automobile Industry Overview
5. Automobile Industry Analysis
6. Auto Component Industry
7. Growth Avenues
For more information visit http://www.researchandmarkets.com/research/695008/indian_automobile
Contact:Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.comFax
(USA): 646-607-1907Fax (International): +353-1-481-1716
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