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RNCOS has recently added a new Market Research Report
titled, “Indian Automobile Sector Analysis” to its report
gallery. 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 various benefits it offers.
Large middle class population, growing earning power and
strong technological capability have been boosting
automobile demand for 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 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.
For FREE SAMPLE of this report visit:
http://www.rncos.com/Report/IM200.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry
research firm. We are a team of industry experts who analyze
data collected from credible sources. We provide industry
insights and analysis that helps corporations to take timely
and accurate business decision in today's globally
competitive environment.
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