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市場調查報告書
商品編碼
1576980

汽車零件的印度市場評估:各類型,各車輛,各需求,各地區,機會,預測(2018年度~2032年度)

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

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 107 Pages | 商品交期: 3-5個工作天內

價格

印度汽車零件市場規模預計將從 2024 財年的 625.3 億美元增至 2032 財年的 1028.8 億美元,預計 2025 財年至 2032 財年的複合年增長率為 6.58%。近年來,該市場呈現顯著增長,包括電動和混合動力汽車產量的增加、個性化的快速發展、對輕量化汽車零件的需求不斷增長,以及對汽車和引擎替代品的需求迅速增加,預計這一趨勢將繼續強勁。由於對特種零件的需求迅速增長、對節能零件和輕質材料的日益關注以及對自動駕駛汽車的需求不斷增長,印度對汽車零件的需求預計將增加。印度汽車零件市場的成長預計將受到新興國家汽車產量增加、汽車銷售快速成長以及汽車產業政府計畫和舉措數量增加的推動。例如,2023年12月,印度政府啟動了泛印度汽車和汽車零件產業生產掛鉤激勵計畫(PLI),以促進先進汽車技術產品的國內製造,並吸引投資進入汽車製造價值鏈。 31.3 億美元。

乘用車需求的大幅成長、汽車技術的進步、可持續交通意識的提高以及對創新和精密汽車零件的需求激增,預計將為印度汽車零件市場的企業提供新的市場成長機會。

例如,2023 年 8 月,德國汽車零件供應商羅伯特博世有限公司的印度子公司博世有限公司計劃在未來兩到四年內擴大其在印度的製造業務。上季貿易商品支出增加了 12%,因為這家技術供應商打算增加本地生產的產品比例,以減少對進口零件的依賴。

本報告研究和分析了印度汽車零件市場,提供市場規模和預測、市場動態以及主要參與者的狀況。

目錄

第1章 計劃的範圍和定義

第2章 調查手法

第3章 摘要整理

第4章 客戶的迴響

  • 首選車輛類型
  • 首選品牌
  • 購買決策時考慮的因素
  • 汽車零件所需的改進和功能

第5章 印度的汽車零件市場預測(2018年度~2032年度)

  • 市場規模的分析與預測
    • 金額
    • 數量
  • 市場佔有率的分析與預測
    • 各類型
    • 各車輛
    • 各需求
    • 各地區
  • 市場佔有率:各企業(金額)(前五名公司和其他 - 2024年度)
  • 市場地圖分析(2024年度)
    • 各類型
    • 各車輛
    • 各需求
    • 各地區

第6章 印度的汽車的銷售台數的預測

第7章 供需分析

第8章 價值鏈分析

第9章 供應鏈分析

第10章 大環境分析

第11章 波特的五力分析

第12章 市場動態

  • 推動市場要素
  • 市場課題

第13章 市場趨勢與發展

第14章 價格分析

第15章 案例研究

第16章 競爭情形

  • 市場領導者的競爭矩陣
  • 主要企業的形勢
    • Bosch Limited
    • Uno Minda Limited
    • Samvardhana Motherson International Ltd.
    • Endurance Technologies Limited
    • Bharat Forge Ltd.
    • Sundaram Clayton Ltd
    • Automotive Axles Limited
    • Menon Bearings Limited
    • Rane Holdings Limited
    • HELLA India Automotive Pvt. Ltd.

第17章 策略性推薦

第18章 本公司相關資料,免責聲明

Product Code: MX11075

India automotive component market is projected to witness a CAGR of 6.58% during the forecast period FY2025-FY2032, growing from USD 62.53 billion in FY2024 to USD 102.88 billion in FY2032. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years owing to increasing production of electric and hybrid vehicles, a rapid trend of personalization, growing demand for lightweight automotive components, and surging demand for replacements in engines and motor cars. The demand for automotive components in India is projected to rise owing to a surge in the requirement for specialized components, increased emphasis on energy-efficient components and lightweight materials, and rising demand for autonomous vehicles. The growth of India automotive component market is expected to be fostered owing to the growing production of automobiles in emerging countries, surging sales of vehicles, and growing government schemes and initiatives in the automotive industry. For instance, in December 2023, the Government of India approved the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components Industry across India to foster domestic manufacturing of Advanced Automotive Technology products and attract investments in the automotive manufacturing value chain with a budgetary outlay of USD 3.13 billion over five years.

The considerable rise in passenger car demand, advancements in automotive technologies, growing awareness concerning sustainable transportation, and surging demand for innovative and sophisticated automotive parts are projected to introduce new market growth opportunities for India's automotive component market players.

For instance, in August 2023, Bosch Ltd, the Indian subsidiary of German automotive supplier Robert Bosch GmbH, aims to enhance its manufacturing operations in India within the next two to four years. The technology supplier intends to raise the proportion of products manufactured locally to reduce its reliance on imported components, which contributed to a 12% rise in expenditure on traded goods in the previous quarter.

Rising Production of Electric Vehicles Drive India Automotive Component Market Growth

The rising production of electric vehicles, growing concern about sustainable transportation, the advent of connected car technology in EVs, and the shift in focus towards energy-efficient components are anticipated to foster the India automotive component market growth in the forecast period. Electric vehicles mandate different parts compared to conventional vehicles, including electric motors, batteries, and power electronics, creating new opportunities for automotive component manufacturers. Also, the rising EV market has led to increased funding for charging infrastructure and propelling requirements for different related components. In addition, the growing requirement for innovation in battery technology and energy management systems propels research and development, leading to the entrants of new suppliers and products in the Indian market for automotive components. Furthermore, companies in the market are efficiently planning to collaborate to launch high-performance electric vehicle components and address the rising demand for energy-efficient components.

For instance, in May 2024, Mitsubishi Electric Group, a leading manufacturer of automotive components in India, announced a collaboration with AISIN CORPORATION to launch electric vehicle parts, including energy-saving inverters, and address the rising requirement for innovative and high-performance components.

Technological Advancements in Automotive Component Drive Market Demand

Technological advancements in vehicle parts, the introduction of lightweight materials, rising demand for fuel-efficient components, and advancements in electronics and connectivity are projected to foster India automotive component market demand in the forecast period. Autonomous and connected vehicles feature an extensive range of electronic components, including cameras, sensors, and control units that improve convenience, safety, and entertainment. Features including lane departure warning, adaptive cruise control, and automatic emergency braking offer different benefits and enhance the overall driving experience of end users. In addition, governments across the globe are compelling companies to integrate advanced components, including electric motors, lithium-ion batteries, and regenerative braking systems, as these components reduce reliance on fossil fuels and lower emissions. Furthermore, companies in the market are introducing different advanced components to improve safety and pave the way for autonomous driving capability.

For instance, in January 2023, Hyundai Mobis, an Indian automotive component supplier, announced the launch of a level 3 integrated autonomous driving controller, a key component of level 3 or higher autonomous driving systems, to develop a remote support solution for self-driving.

Passenger Vehicles Dominate the India Automotive Component Market

Passenger vehicles dominate the market growth of automotive components in India owing to a significant rise in the production of passenger vehicles, an increase in disposable income, and an improving standard of living in emerging nations. The India passenger vehicles market demand is estimated to rise owing to an increase in the middle-class population in emerging countries, ongoing development of sophisticated digital and connectivity solutions in passenger vehicles, and rapid economic development in emerging countries. In addition, governments of emerging countries are pushing companies to integrate fuel-efficient components in passenger vehicles to reduce carbon emissions and improve overall operation efficiency. Furthermore, companies in the market are introducing cutting-edge auto components and planning to supply passenger vehicle components that satisfy changing customer and industry requirements.

For instance, in April 2024, Ramkrishna Forgings Limited, an Indian company, announced it won a deal to supply powertrain components to the largest passenger electric vehicle maker in the United States, Tesla.

Northern India Holds the Largest Market Size

The northern region of India plays a crucial role in the automotive component market, representing the largest market size in 2024. With a well-established automotive manufacturing ecosystem, this region hosts numerous manufacturing hubs and suppliers. The presence of leading automobile companies and component manufacturers fosters collaboration, enhancing the overall supply chain. High population density and urbanization in major cities like Delhi NCR, Chandigarh, and Jaipur drive demand for personal vehicles. As consumers increasingly seek modern and reliable transportation, OEMs respond with innovative offerings, generating significant demand for automotive components. Similarly, the southern region is home to a range of OEMs and component manufacturers, cultivating a robust vehicle and parts production ecosystem. This industry concentration promotes innovation and efficiency, facilitating the introduction of advanced technologies into the market. Together, these regions significantly contribute to the growth and development of the automotive component market in India. Furthermore, companies in the market are planning to establish manufacturing facilities in India to expand their network and dominate the market share.

For instance, in March 2024, E.V.R. Motors Ltd. inaugurated its new greenfield plant in Haryana, India, to supply coils for 20,000 motors every month, with plans to expand production to 100,000 motors to address the rising global demand for electric vehicles.

Future Market Scenario (FY2025-FY2032F)

With an increase in domestic and global vehicle manufacturing, India is witnessing a surge in demand for automotive components. The government's push for "Make in India" has further boosted local production.

The shift towards electric vehicles is driving demand for specialized components such as batteries, electric drivetrains, and power electronics. This segment is expected to grow significantly in the coming years.

Policies like the Production-Linked Incentive (PLI) scheme and favorable regulations for foreign investment are encouraging both domestic and international companies to set up manufacturing facilities in India.

The adoption of advanced technologies like AI, IoT, and automation in manufacturing processes is enhancing productivity and efficiency, making Indian component manufacturers more competitive.

Report Scope

Key Players Landscape and Outlook

Key companies in India's automotive component market are adopting various strategies to expand their product portfolios and enhance their market presence. Companies are investing in R&D to innovate and develop new products, particularly in emerging areas like electric vehicles (EVs), advanced driver-assistance systems (ADAS), and smart automotive technologies. Collaborating with technology firms, startups, and other manufacturers allows companies to leverage complementary strengths, access new technologies, and enter new markets more efficiently. Many companies are broadening their product lines to include components for EVs, hybrid vehicles, and traditional combustion engines, ensuring they cater to a wider customer base.

In August 2023, Bosch Limited announced that it had relocated certain items, including spark plugs, from Russia to India. This strategic shift aims to enhance local manufacturing and adapt to changing geopolitical conditions in the auto components sector.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

  • 4.1. Preferred Vehicle Type
  • 4.2. Preferred Brand
  • 4.3. Factors Considered in Purchase Decisions
  • 4.4. Desired Features and Improvements in Automotive Component

5. India Automotive Component 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 Type
      • 5.2.1.1. Engine Parts
      • 5.2.1.2. Body and Chassis
      • 5.2.1.3. Suspension and Brakes
      • 5.2.1.4. Drive Transmission and Steering Parts
      • 5.2.1.5. Electrical Parts and Equipment
      • 5.2.1.6. Others
    • 5.2.2. By Vehicle
      • 5.2.2.1. Two-Wheelers
      • 5.2.2.2. Passenger Cars
      • 5.2.2.3. Commercial Vehicles
      • 5.2.2.4. Others
    • 5.2.3. By Demand
      • 5.2.3.1. OEM
      • 5.2.3.2. Replacement
    • 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 & Central
  • 5.3. By Company Market Share (Top 5 Companies and Others - By Value, FY2024)
  • 5.4. Market Map Analysis, FY2024
    • 5.4.1. By Type
    • 5.4.2. By Vehicle
    • 5.4.3. By Demand
    • 5.4.4. By Region

6. India Automotive Sales Volume Forecast

7. Demand Supply Analysis

8. Value Chain Analysis

9. Supply Chain Analysis

10. PESTLE Analysis

11. Porter's Five Forces Analysis

12. Market Dynamics

  • 12.1. Market Drivers
  • 12.2. Market Challenges

13. Market Trends and Developments

14. Pricing Analysis

15. Case Studies

16. Competitive Landscape

  • 16.1. Competition Matrix of Market Leaders
  • 16.2. Key Players Landscape
    • 16.2.1. Bosch Limited
      • 16.2.1.1. Company Details
      • 16.2.1.2. Key Management Personnel
      • 16.2.1.3. Key Products Offered
      • 16.2.1.4. Key Financials (As Reported)
      • 16.2.1.5. Key Market Focus and Geographical Presence
      • 16.2.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisitions
    • 16.2.2. Uno Minda Limited
    • 16.2.3. Samvardhana Motherson International Ltd.
    • 16.2.4. Endurance Technologies Limited
    • 16.2.5. Bharat Forge Ltd.
    • 16.2.6. Sundaram Clayton Ltd
    • 16.2.7. Automotive Axles Limited
    • 16.2.8. Menon Bearings Limited
    • 16.2.9. Rane Holdings Limited
    • 16.2.10. HELLA India Automotive 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.

17. Strategic Recommendations

18. 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 Automotive Component Market, By Value, In USD Billion, FY2018-FY2032F
  • Figure 2. India Automotive Component Market, By Volume, in Thousand Units, FY2018-FY2032F
  • Figure 3. India Automotive Component Market Share (%), By Type, FY2018-FY2032F
  • Figure 4. India Automotive Component Market Share (%), By Vehicle Type, FY2018-FY2032F
  • Figure 5. India Automotive Component Market Share (%), By Demand, FY2018-FY2032F
  • Figure 6. India Automotive Component Market Share (%), By Region, FY2018-FY2032F
  • Figure 7. By Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
  • Figure 8. By Vehicle Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
  • Figure 9. By Demand Map-Market Size (USD Billion) & Growth Rate (%), FY2024
  • Figure 10. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2024