The India automotive market demand was pegged at 4,266,062 units in 2024. The market is expected to expand at a compound annual growth rate (CAGR) of 11.3% from 2024 to 2027. According to statistics published in April 2024 by the European Automobile Manufacturers Association (ACEA), India is ranked … See more The automotive industry is a highly competitive market which is witnessing growth owning to factors such as increasing disposable income, the availability of the … See more The hatchback segment held the largest market share of 43.9% in 2024. The large market share is attributed to their smaller size that is suited to the Indian roads. Additionally, the country's prominent passenger car … See more More than 25 tons segment held the largest volume share of 56.3% in 2024. Growing demand for goods and increased construction and infrastructure development are the major factors driving the heavy trucks … See more Light Commercial Vehicles (LCVs), ranging between 2 to 3.5 tons accounted for 49.8% of the overall LCV demand in 2024. The immense … See more Web08 Aug 2024 - During the financial year 2024-18, auto manufacturers in India observed record sales growth and surpassed Germany to stand at the fourth position in auto …
Top 10 Global Automotive Trends, 2024 - Forbes
WebJun 23, 2024 · DUBLIN--(BUSINESS WIRE)--The "India Car Loan Market by Type (New Car & Used Car), by Car Type (SUV; Hatchback; & Sedan), by Source (OEM; Bank; & … WebJan 27, 2024 · Growth will be helped along by the rising appeal of online used car retail, which we anticipate will jog along at a compound annual growth rate of 9% between 2024 and 2025. Demand for used... he-man and the power sword
Automotive Battery Market Size & Share Analysis - Growth …
WebJun 18, 2024 · The India automotive industry accounts for 7.1% of the country's total Gross Domestic Product (GDP). Two wheelers market is the major segment in the Indian automobile market with approximately 80% market share, owing to a growing middle class and a young population in the country. WebJan 29, 2024 · In the two-wheeler segment, CAGR has dropped from 9.8% during 1999-2000 to 2009-10, and to 6.4% during 2009-10 to 2024-20. Similarly, three-wheeler sales … WebIndia out of which 3 of them are Indian companies which we are analyzing. India is expected to emerge as world‟s third largest passenger vehicle market by 2024 (mckinsey.com). It is purely based on the GDP (Gross Domestic Product) growth rate of 7% annualized. Therefore, the investment in shares of securities of landmark human rights cases