Auto Component Market in India 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	165 Pages	TechNavio	January, 2024	INF18475439

Best Price Guarantee
Price	from $2,500
Length	165 Pages
Publisher	TechNavio
Published Date	January, 2024
SKU	INF18475439

Auto Component Market In India 2024-2028

The auto component market in India is forecasted to grow by USD 115.79 bn during 2023-2028, accelerating at a CAGR of 25.7% during the forecast period. The report on the auto component market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a growing middle-class population, a surge in demand for compact SUVs, and government initiatives and policies for easy automotive industry setup procedures.

Technavio's auto component market in India is segmented as below:

By Channel
OEM
Aftermarket
By Component
Engine and suspension and braking
Drive transmission and steering
Electricals and electronics
Body and chassis
Others
By Vehicle Type
Passenger vehicles
2 wheelers
Light commercial vehicles
Medium and heavy commercial vehicles
Others

This study identifies the increasing product launches as one of the prime reasons driving the auto component market in India's growth during the next few years. Also, enhancing operating efficiency with Industry 4.0 and advances in the field of automotive technology will lead to sizable demand in the market.

The report on the auto component market in India covers the following areas:

Auto component market in India sizing
Auto component market in India forecast
Auto component market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading auto component market in India vendors that include 3M Co., AISIN CORP., Akebono Brake Industry Co. Ltd., Autoliv Inc., BorgWarner Inc., Brembo Spa, General Motors Co., HELLA GmbH and Co. KGaA, Hyundai Motor Co., Lear Corp., Magna International Inc., Marelli Holdings Co. Ltd., Robert Bosch GmbH, Schaeffler AG, Stellantis NV, Tenneco Inc., The Goodyear Tire and Rubber Co., Toyota Motor Corp., Valeo SA, and ZF Friedrichshafen AG. Also, the auto component market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Country Market Characteristics
  - Table Executive Summary – Chart on Market Segmentation by Channel
  - Table Executive Summary – Chart on Market Segmentation by Component
  - Table Executive Summary – Chart on Market Segmentation by Vehicle Type
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on India - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on India - Market size and forecast 2023-2028 ($ million)
  - Table Chart on India: Year-over-year growth 2023-2028 (%)
  - Table Data Table on India: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Auto component market in India 2018 - 2022
  - Table Historic Market Size – Data Table on auto component market in India 2018 - 2022 ($ million)
- Channel Segment Analysis 2018 - 2022
  - Table Historic Market Size – Channel Segment 2018 - 2022 ($ million)
- Component Segment Analysis 2018 - 2022
  - Table Historic Market Size – Component Segment 2018 - 2022 ($ million)
- Vehicle type Segment Analysis 2018 - 2022
  - Table Historic Market Size – Vehicle type Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Channel
- Market segments
  - Table Chart on Channel - Market share 2023-2028 (%)
  - Table Data Table on Channel - Market share 2023-2028 (%)
- Comparison by Channel
  - Table Chart on Comparison by Channel
  - Table Data Table on Comparison by Channel
- OEM - Market size and forecast 2023-2028
  - Table Chart on OEM - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on OEM - Market size and forecast 2023-2028 ($ million)
  - Table Chart on OEM - Year-over-year growth 2023-2028 (%)
  - Table Data Table on OEM - Year-over-year growth 2023-2028 (%)
- Aftermarket - Market size and forecast 2023-2028
  - Table Chart on Aftermarket - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Aftermarket - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Aftermarket - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Aftermarket - Year-over-year growth 2023-2028 (%)
- Market opportunity by Channel
  - Table Market opportunity by Channel ($ million)
  - Table Data Table on Market opportunity by Channel ($ million)
Market Segmentation by Component
- Market segments
  - Table Chart on Component - Market share 2023-2028 (%)
  - Table Data Table on Component - Market share 2023-2028 (%)
- Comparison by Component
  - Table Chart on Comparison by Component
  - Table Data Table on Comparison by Component
- Engine and suspension and braking - Market size and forecast 2023-2028
  - Table Chart on Engine and suspension and braking - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Engine and suspension and braking - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Engine and suspension and braking - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Engine and suspension and braking - Year-over-year growth 2023-2028 (%)
- Drive transmission and steering - Market size and forecast 2023-2028
  - Table Chart on Drive transmission and steering - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Drive transmission and steering - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Drive transmission and steering - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Drive transmission and steering - Year-over-year growth 2023-2028 (%)
- Electricals and electronics - Market size and forecast 2023-2028
  - Table Chart on Electricals and electronics - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Electricals and electronics - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Electricals and electronics - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Electricals and electronics - Year-over-year growth 2023-2028 (%)
- Body and chassis - Market size and forecast 2023-2028
  - Table Chart on Body and chassis - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Body and chassis - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Body and chassis - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Body and chassis - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by Component
  - Table Market opportunity by Component ($ million)
  - Table Data Table on Market opportunity by Component ($ million)
Market Segmentation by Vehicle Type
- Market segments
  - Table Chart on Vehicle Type - Market share 2023-2028 (%)
  - Table Data Table on Vehicle Type - Market share 2023-2028 (%)
- Comparison by Vehicle Type
  - Table Chart on Comparison by Vehicle Type
  - Table Data Table on Comparison by Vehicle Type
- Passenger vehicles - Market size and forecast 2023-2028
  - Table Chart on Passenger vehicles - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Passenger vehicles - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Passenger vehicles - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Passenger vehicles - Year-over-year growth 2023-2028 (%)
- 2 wheelers - Market size and forecast 2023-2028
  - Table Chart on 2 wheelers - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on 2 wheelers - Market size and forecast 2023-2028 ($ million)
  - Table Chart on 2 wheelers - Year-over-year growth 2023-2028 (%)
  - Table Data Table on 2 wheelers - Year-over-year growth 2023-2028 (%)
- Light commercial vehicles - Market size and forecast 2023-2028
  - Table Chart on Light commercial vehicles - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Light commercial vehicles - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Light commercial vehicles - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Light commercial vehicles - Year-over-year growth 2023-2028 (%)
- Medium and heavy commercial vehicles - Market size and forecast 2023-2028
  - Table Chart on Medium and heavy commercial vehicles - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Medium and heavy commercial vehicles - Market size and forecast 2023- 2028 ($ million)
  - Table Chart on Medium and heavy commercial vehicles - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Medium and heavy commercial vehicles - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by Vehicle Type
  - Table Market opportunity by Vehicle Type ($ million)
  - Table Data Table on Market opportunity by Vehicle Type ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Drivers, Challenges, and Trends
- Market drivers
  - Growing middle-class population
  - Surge in demand for compact SUVs
- Market challenges
  - Supply chain disruption in automotive industry
  - Online retailers challenging traditional aftermarket retailers
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Increasing product launches
  - Enhancing operating efficiency with Industry 4.0
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- 3M Co.
  - Table 3M Co. - Overview
  - Table 3M Co. - Business segments
  - Table 3M Co. - Key news
  - Table 3M Co. - Key offerings
  - Table 3M Co. - Segment focus
- AISIN CORP.
  - Table AISIN CORP. - Overview
  - Table AISIN CORP. - Business segments
  - Table AISIN CORP. - Key offerings
  - Table AISIN CORP. - Segment focus
- Akebono Brake Industry Co. Ltd.
  - Table Akebono Brake Industry Co. Ltd. - Overview
  - Table Akebono Brake Industry Co. Ltd. - Business segments
  - Table Akebono Brake Industry Co. Ltd. - Key offerings
  - Table Akebono Brake Industry Co. Ltd. - Segment focus
- BorgWarner Inc.
  - Table BorgWarner Inc. - Overview
  - Table BorgWarner Inc. - Business segments
  - Table BorgWarner Inc. - Key news
  - Table BorgWarner Inc. - Key offerings
  - Table BorgWarner Inc. - Segment focus
- Brembo Spa
  - Table Brembo Spa - Overview
  - Table Brembo Spa - Business segments
  - Table Brembo Spa - Key offerings
  - Table Brembo Spa - Segment focus
- General Motors Co.
  - Table General Motors Co. - Overview
  - Table General Motors Co. - Business segments
  - Table General Motors Co. - Key news
  - Table General Motors Co. - Key offerings
  - Table General Motors Co. - Segment focus
- Hyundai Motor Co.
  - Table Hyundai Motor Co. - Overview
  - Table Hyundai Motor Co. - Business segments
  - Table Hyundai Motor Co. - Key news
  - Table Hyundai Motor Co. - Key offerings
  - Table Hyundai Motor Co. - Segment focus
- Marelli Holdings Co. Ltd.
  - Table Marelli Holdings Co. Ltd. - Overview
  - Table Marelli Holdings Co. Ltd. - Product / Service
  - Table Marelli Holdings Co. Ltd. - Key news
  - Table Marelli Holdings Co. Ltd. - Key offerings
- Robert Bosch GmbH
  - Table Robert Bosch GmbH - Overview
  - Table Robert Bosch GmbH - Business segments
  - Table Robert Bosch GmbH - Key news
  - Table Robert Bosch GmbH - Key offerings
  - Table Robert Bosch GmbH - Segment focus
- Schaeffler AG
  - Table Schaeffler AG - Overview
  - Table Schaeffler AG - Business segments
  - Table Schaeffler AG - Key offerings
  - Table Schaeffler AG - Segment focus
- Stellantis NV
  - Table Stellantis NV - Overview
  - Table Stellantis NV - Business segments
  - Table Stellantis NV - Key news
  - Table Stellantis NV - Key offerings
  - Table Stellantis NV - Segment focus
- Tenneco Inc.
  - Table Tenneco Inc. - Overview
  - Table Tenneco Inc. - Business segments
  - Table Tenneco Inc. - Key news
  - Table Tenneco Inc. - Key offerings
  - Table Tenneco Inc. - Segment focus
- The Goodyear Tire and Rubber Co.
  - Table The Goodyear Tire and Rubber Co. - Overview
  - Table The Goodyear Tire and Rubber Co. - Business segments
  - Table The Goodyear Tire and Rubber Co. - Key offerings
  - Table The Goodyear Tire and Rubber Co. - Segment focus
- Toyota Motor Corp.
  - Table Toyota Motor Corp. - Overview
  - Table Toyota Motor Corp. - Business segments
  - Table Toyota Motor Corp. - Key offerings
  - Table Toyota Motor Corp. - Segment focus
- ZF Friedrichshafen AG
  - Table ZF Friedrichshafen AG - Overview
  - Table ZF Friedrichshafen AG - Business segments
  - Table ZF Friedrichshafen AG - Key news
  - Table ZF Friedrichshafen AG - Key offerings
  - Table ZF Friedrichshafen AG - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations