封面
市場調查報告書
商品編碼
1618276

印度的小型商旅車市場評估:車輛噸數·產業·推動區分·各地區的機會及預測 (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個工作天內

價格

印度輕型商用車市場規模預計將從 2024 年的 48.7 億美元增長到 2032 年的 84.1 億美元,預測期內複合年增長率為 7.58%。

印度的輕型商用車市場近年來經歷了顯著增長,並且由於區域市場物流服務的顯著增加、網上購物的迅速普及以及道路和高速公路基礎設施的日益發展,印度的輕型商用車市場將繼續擴大。

由於城市化進程不斷加快、企業加大投資引進新型先進輕型商用車、交通網絡的擴張以及區域和地區產品運輸的快速增長,印度對輕型商用車的需求不斷增加。在物流和電子商務領域,輕型商用車是適合多種應用的多功能車輛,非常適合需要卡車進行定期短途作業的企業,並且由於其營運成本較低,需求不斷增加。此外,輕型商用車有不同的尺寸和形狀,並有多種客製化選項,可滿足各行業的精確要求,也推動了預測期內的市場成長。

印度政府要求企業引進配備安全氣囊、防鎖死煞車系統和電子穩定性控制等先進安全功能的車輛,以在運輸過程中有效保護貨物和人員。此外,更嚴格的排放法規正在影響電動車市場的供應方,製造商必須升級產品以符合新法規。 FAME-II 等政府計劃正在刺激需求,鼓勵製造商投資電動車技術,並擴大輕型商用車市場的電動車供應。

本報告提供印度的小型商旅車的市場調查,彙整市場定義和概要,市場規模的轉變·預測,各種區分·地區/各主要國家的詳細分析,產業結構,影響市場成長因素的分析,案例研究,競爭情形,主要企業簡介等資訊。

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

  • 受訪者的人口統計
  • 偏好的推動類型
  • 偏好的車輛類型
  • 偏好的品牌
  • 購買決策的影響因素
  • 對業務帶來影響的主要的問題
  • 小型商旅車所需的功能與改善點
  • 售後支持

第5章 印度的小型商旅車市場展望

  • 市場規模的分析·預測
  • 市場佔有率的分析·預測
    • 車輛噸數(GVM)
    • 各產業
    • 各推動種類
    • 各地區
    • 企業佔有率分析
  • 市場地圖分析

第6章 印度的不滿1噸的商用車市場展望

  • 市場規模的分析·預測
  • 市場佔有率的分析·預測
    • 各產業
    • 各推動種類

第7章 印度的1~2.8噸的商用車市場展望

  • 市場規模的分析·預測
  • 市場佔有率的分析·預測
    • 各產業
    • 各推動種類

第8章 印度的1.9~2.7噸的商用車市場展望

  • 市場規模的分析·預測
  • 市場佔有率的分析·預測
    • 各產業
    • 各推動種類

第9章 印度的2.8~3.5噸的商用車市場展望

  • 市場規模的分析·預測
  • 市場佔有率的分析·預測
    • 各產業
    • 各推動種類

第10章 供需分析

第11章 進出口的分析

第12章 價值鏈分析

第13章 大環境分析

第14章 波特的五力分析

第15章 市場動態

  • 推動市場要素
  • 市場課題

第16章 市場趨勢·展開

第17章 價格分析

第18章 案例研究

第19章 競爭情形

  • 前五名公司的競爭矩陣
  • 前十大企業的形勢
    • 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 策略性建議

第21章 關於本公司·免責聲明

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