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(USGovernment-News.Com, February 13, 2019 ) Netscribes' latest market research report titled Passenger Vehicles Market in India 2017 states that the passenger vehicles in India is expected to reach 5.4 mn units by FY 2022, expanding at a CAGR of 12%. The passenger vehicles market is segmented into Passenger Cars, Utility Vehicles and Vans. Passenger cars has 69% share and occupies the larger pie of the passenger vehicles market. Utility Vehicles and Vans have 25% and 6% share respectively. With advancements in technology, car manufacturers are gearing efforts to bring cutting edge technology to their vehicles. New technological developments such as connected cars, autonomous driving systems, artificial intelligence, cloud computing and IoT related technologies is redefining the automotive industry in India.
In Mar 2017, ban on sale and registration of BS III vehicles put pressure on several vehicle manufacturing companies in India. Demonetization has severely affected the domestic sales of passenger vehicles in India. The major players in the market such as Maruti Suzuki India Ltd., Honda Cars India Ltd., Tata Motors Ltd. have witnessed a sharp decline in sales of vehicles across the country. However, several government initiatives such as implementation of GST and Make in India campaign is fueling the passenger vehicles segment in the country. Implementation of GST is expected to act as an antidote against demonetization.
Socioeconomic Indicators Slide 2: Total Population (2010-2011 2019-2020), Population Density (2010-2011 2019-2020) Slide 3: Sex Ratio (2005, 2010, 2015, 2020), Population by Age Group (2005, 2010, 2015, 2020), Urbanization Trend (2010-2011 2019-2020) Slide 4: Total Fertility Rate (2005-2010, 2010-2015, 2015-2020), Infant Mortality Rate (2005-2010, 2010-2015, 2015-2020), Total Number of Births (2005-2010, 2010-2015, 2015-2020), Total Number of Death (2005-2010, 2010-2015, 2015-2020) Slide 5: Total Literacy Rate (2001, 2011), Rural Literacy (2001, 2011), Urban Literacy (2001, 2011) Slide 6: GDP at Market Prices (2010-2014), FDI (2010-2014), Inflation Rate (2010-2014), Unemployment Rate (2010-2014) Slide 7: Access to Safe Drinking Water (2001, 2011), Exchange Rate (2010-2015)
Market Overview Slide 8: Market Definition & Structure Slide 9: Passenger Vehicles Market in India Market Size and Growth (FY 2011 FY 2026e) Slide 10: Passenger Cars Market in India Market Size and Growth (FY 2011 FY 2026e) Slide 11: Utility Vehicles Market in India Market Size and Growth (FY 2011 FY 2026e) Slide 12: Vans Market in India Market Size and Growth (FY 2011 FY 2026e) Slide 13: Passenger Vehicles Market in India Current Market Scenario Slide 14: Passenger Vehicles Market in India Category-Wise Production Trend (FY 2011- FY 2016 (Apr-Sep)), Category-Wise Exports Trend (FY 2011- FY 2016 (Apr-Sep)) Slide 15: Passenger Vehicles Market in India Category-Wise Sales Trend (FY 2016- FY 2017), Category-Wise Domestic Sales Trend (FY 2011- FY 2017) Slide 16: Passenger Vehicles Market in India Region-Wise Sales (FY 2015), State-Wise Sales (FY 2016), Player-Wise Sales (Mar, 2016- Mar, 2017) Slide 17: Passenger Vehicles Market in India Category-Wise Exports Trend (FY 2014- FY 2015), Player-Wise Sales (FY 2014-FY 2015) Slide 18: Market Segmentation Product-Wise Segmentation (FY 2017), Player-Wise Segmentation Top 5 Companies by Sales (FY 2017) Slide 19: PESTEL Analysis Slide 20: Porters Five Forces Analysis
Trade Analysis Slide 21: Export of Motor Cars and Other Motor Vehicles for Transport of Persons (Excluding of 8702) Including Racing Cars Size (Value-Wise; FY 2013 FY 2017 (Apr-Feb)) and Country-Wise Segmentation (Value-Wise; FY 2016 and FY 2017 (Apr-Feb)) Slide 22: Import of Motor Cars and Other Motor Vehicles for Transport of Persons (Excluding of 8702) Including Racing Cars Size (Value-Wise; FY 2013 FY 2017 (Apr-Feb)) and Country-Wise Segmentation (Value-Wise; FY 2016 and FY 2017 (Apr-Feb))
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