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Automobile Industry

Period Pre-2000s 2000 to 2015 2015 to 2020


Market Size • Dominated by Maruti • Rapid growth fueled by the • Market expansion led
and Suzuki, with limited entry of global players like by disruptive players
Leaders foreign players. Hyundai, Honda, and like Tesla, challenging
• State-owned companies Toyota. traditional leaders.
like Hindustan Motors • Mergers and acquisitions, • Challenges for
were prominent. like Tata Motors acquiring established players to
• Smaller market size, less Jaguar Land Rover, adapt to electric and
international presence. contributed to a more autonomous
diversified market. technologies.

Segments • Basic transportation • Diversification of product • Introduction of


needs addressed with portfolios to cater to electric models by
models like Maruti 800 various consumer companies like BMW
and Omni. segments. and Mercedes-Benz.
• Limited segmentation • Growth in SUV and luxury • A significant shift
with a focus on segments, reflecting towards sustainable
affordability and fuel changing consumer and technologically
efficiency. preferences. advanced vehicles.

Distribution • Exclusive reliance on • Expansion into modern • Increased emphasis


channels traditional distribution retail channels, including on digital channels
channels, such as shopping malls, alongside with virtual
dealerships and service traditional dealerships. showrooms and
centers. • Adoption of online booking direct-to-consumer
• Limited marketing and systems and sales sales.
promotional activities, platforms by major players. • A shift in the role of
with a lack of online traditional dealerships
presence. with a growing
reliance on digital
platforms.

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