Hybrid & Electric Cars in India
Summary
Hybrid & Electric Cars in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hybrid & electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
- The Indian hybrid & electric cars market recorded revenues of $4,959.9 million in 2023, representing a compound annual growth rate (CAGR) of 111.2% between 2018 and 2023.
- Market production volume increased with a CAGR of 130.2% between 2018 and 2023, to reach a total of 185,927 units in 2023.
- India held a 1.1% market share in the hybrid & electric car market in the Asia-Pacific market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in India
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India hybrid & electric cars market with five year forecasts
- What was the size of the India hybrid & electric cars market by value in 2023?
- What will be the size of the India hybrid & electric cars market in 2028?
- What factors are affecting the strength of competition in the India hybrid & electric cars market?
- How has the market performed over the last five years?
- What are the main segments that make up India's hybrid & electric cars market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Tata Motors Limited
- 8.2. BYD India Pvt Ltd
- 8.3. Toyota Motor Corporation
- 8.4. Hyundai Motor India Ltd
- 8.5. Volkswagen AG
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: India hybrid & electric cars market value: $ million, 2018-23
- Table 2: India hybrid & electric cars market volume: units, 2018-23
- Table 3: India hybrid & electric cars market category segmentation: % share, by value, 2018-2023
- Table 4: India hybrid & electric cars market category segmentation: $ million, 2018-2023
- Table 5: India hybrid & electric cars market geography segmentation: $ million, 2023
- Table 6: India hybrid & electric cars market value forecast: $ million, 2023-28
- Table 7: India hybrid & electric cars market volume forecast: units, 2023-28
- Table 8: Tata Motors Limited: key facts
- Table 9: Tata Motors Limited: Annual Financial Ratios
- Table 10: Tata Motors Limited: Key Employees
- Table 11: BYD India Pvt Ltd: key facts
- Table 12: Toyota Motor Corporation: key facts
- Table 13: Toyota Motor Corporation: Annual Financial Ratios
- Table 14: Toyota Motor Corporation: Key Employees
- Table 15: Toyota Motor Corporation: Key Employees Continued
- Table 16: Hyundai Motor India Ltd: key facts
- Table 17: Hyundai Motor India Ltd: Key Employees
- Table 18: Volkswagen AG: key facts
- Table 19: Volkswagen AG: Annual Financial Ratios
- Table 20: Volkswagen AG: Key Employees
- Table 21: Volkswagen AG: Key Employees Continued
- Table 22: Volkswagen AG: Key Employees Continued
- Table 23: India size of population (million), 2019-23
- Table 24: India gdp (constant 2005 prices, $ billion), 2019-23
- Table 25: India gdp (current prices, $ billion), 2019-23
- Table 26: India inflation, 2019-23
- Table 27: India consumer price index (absolute), 2019-23
- Table 28: India exchange rate, 2019-23
- List of Figures
- Figure 1: India hybrid & electric cars market value: $ million, 2018-23
- Figure 2: India hybrid & electric cars market volume: units, 2018-23
- Figure 3: India hybrid & electric cars market category segmentation: $ million, 2018-2023
- Figure 4: India hybrid & electric cars market geography segmentation: % share, by value, 2023
- Figure 5: India hybrid & electric cars market value forecast: $ million, 2023-28
- Figure 6: India hybrid & electric cars market volume forecast: units, 2023-28
- Figure 7: Forces driving competition in the hybrid & electric cars market in India, 2023
- Figure 8: Drivers of buyer power in the hybrid & electric cars market in India, 2023
- Figure 9: Drivers of supplier power in the hybrid & electric cars market in India, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in India, 2023
- Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in India, 2023
- Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in India, 2023
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