India Automotive Aftermarket Industry

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INDIAAUTOMOTIVE

AFTERMARKETINDUSTRY
Tabl
eofCont
ent
s

1.I
ndi
aAut
omo v
eIndus
tryOverv
iew 05
2.I
ndi
aAut
omo v
eA erma r
ketOutl
ook 11
a
.Ma
rke
tSi
zea
ndF
ore
cas
t(US
DBi
l
li
on)
b.Ma
rke
tSha
re(
ByVe
hic
leT
ype
,ByCompone
ntT
ype
,By
Pr
oduc
tTy
pe,
ByS
ale
sCha
nne
l)
3.
Indi
aAutomo veVehi
clePa
rc/
Flee
tOut
look 16
4.
Import&Expor
tAnaly
sis 20
5.
Aut
omo v eA er
marketComponentI
ndust
ry 25
Cha
racter
iscs
6.
Marke
tDy na
mics
,Tr
ends&De vel
opments 29
I
ndia
naut
omo vea er
mark
etexpect
edt
oreac
hUS D~14bill
i
onby2028;gl
oba
l
a er
mar
ketpr
esent
sov
erUSD35bil
l
ione
xpor
tsoppor
tuni
ty:ACMA-
EYStudy

3
AboutACMA:

F
orf
urt
herde
tai
l
s:

4
INDI
AAUTOMOTIVE
I
NDUSTRYOVERVI
EW
6
Pas
sengerVehi
cles

I
ndi
aPass
eng
erVehi
cl
esDomescS
ales
,ByVol
ume(
Mil
l
ionUni
ts
),F
Y2022a
nd
F
Y2023

7
Commer
cialVehi
cles

I
ndi
aCommer
cia
lVehi
cl
esDomescS
ales
,ByVol
ume(
Mil
l
ionUni
ts
),F
Y2022a
nd
F
Y2023

8
Two-
Wheel
ers

I
ndi
aTwo-
Wheel
ersDomescS
ales
,ByVol
ume(
Mil
l
ionUni
ts
),F
Y2022a
nd
F
Y2023

9
Tr
act
ors

10
INDI
AAUTOMOTIVE
AFTERMARKETOUTLOOK
I
ndi
aAutomo v
eA er
mar
ketS
ize,ByVa
lue(
USD Bi
l
li
on)
,FY2019,F
Y2023&
F
Y2029F

CAGRFY2023FY2029F
BYVALUE:5.6%

VAL
UEUS
DBI
LLI
ON

12
I
ndi
aAut
omo v
eA er
mar
ketS
har
e,ByVehi
cl
eTy
pe,
FY2023

I
ndi
aAut
omo v
eA er
mar
ketS
har
e,ByComponentT
ype,
FY2023

13
T
ypeofAut
omo v
eComponent
s

14
I
ndi
aAut
omo v
eA er
mar
ketS
har
e,ByPr
oduc
tTy
pe,
FY2023

Unbranded
35% Br
anded
65%

I
ndi
aAut
omo v
eA er
mar
ketS
har
e,ByS
alesCha
nnel
,FY2023
Onl
i
ne
2%

Aut
horiz
edS er
vic
e
Repa
irS
hops/Ga
rag
es
Center
s
41%
57%

15
I
NDI
AAUTOMOTIVEVEHI
CLEPARC/
FLEETOUTLOOK
I
ndi
aVehi
cl
ePa
rc/
Flee
t

17
I
ndi
aAut
omo v
eVehi
cl
ePa
rc/
Flee
tSha
re,
ByReg
ion,
FY2023

18
I
ndi
aAut
omo v
eVehi
cl
ePa
rc/
Flee
tSha
re,
ByVehi
cl
eTy
pe,
FY2023

Tra
ctor
s Ot
herVehi
cl
es
4% 3%
Commer ci
alVehi
cl
es
4%
Pa
ssengerVehicl
es
14%
T
wo-
Wheel
er
75%

19
I
MPORT&EXPORT
ANAL
YSI
S
Import&
Expor
tAnal
ysi
s

I
ndi
a E
xpor
ts Wor
ldwi
de

I
ndi
aAut
omo v eComponentsEx
ports
,ByVa
lue,
F
Y2023:USD20,095Mil
li
on

E
xpor
tHi
ghl
i
ght
s

21
I
ndi
aAut
omo v
eComponent
sIndur
str
yEx
por
ts,
ByT
op5Count
ri
es,
FY2023

22
Wor
ldwi
de I
mpor
t I
ndi
a

I
ndi
aAut
omo veComponentsI
mport
s,ByVa
lue,
F
Y2023:US
D20,295Mil
l
ion

I
mpor
tHi
ghl
i
ght
s

23
I
ndi
aAut
omo v
eComponent
sIndur
str
yImpor
ts,
ByT
op5Count
ri
es,
FY2023

24
AUTOMOTI
VE
AFTERMARKETCOMPONENT
I
NDUSTRYCHARACTERI
STICS
A.
Aut
omo v
eA er
mar
ketComponent
sMa
nuf
act
uri
ng&Di
st
ri
bu on

26
B.
Over
vie
wofAut
omo v
eA er
mar
ketComponent
sPr
ocur
ement&U l
i
za on

27
28
MARKETDYNAMICS,
TRENDS&DEVELOPMENT
OFINDIAAUTOMOTIVE
AFTERMARKET
MarketDri
vers

I
ncr
eas
ingVehi
cl
eOwner
shi
p

Ri
si
ngT
echnol
ogi
cal
Adv
anc
ement
sinA er
mar
ketPr
oduc
ts

Gr
owi
ngDema
ndf
orCus
tomi
za ona
ndPer
sona
li
za on

30
Gov
ernmentReg
ula onsa
ndE
mis
sionS
tanda
rds

Ri
si
ngS
alesofUs
edVehi
cl
esi
nIndi
aAut
omo v
eA er
mar
ket
s

31
MarketChallenges

Count
erf
eitPa
rtsa
ndQua
li
tyAs
sur
anc
e

S
uppl
yCha
inDi
srup onsa
ndI
nvent
oryMa
nag
ementCha
ll
eng
es

32
Trends&Developments
A.
TrendofDoI
tYour
sel
f(DI
Y)Cul
tur
einI
ndi
aAut
omo v
eA er
mar
ket

B.
Inc
rea
singDi
gi
tal
i
za oni
nIndi
aAut
omo v
eA er
mar
ket

33
C.
Ris
ingUs
eofArfic
ial
Int
ell
i
genc
einI
ndi
aAut
omo v
eA er
mar
ket

D.
Ris
ingS
alesofE
lec
tri
c&Hy
bri
dVehi
cl
esAc
ros
stheCount
ry

34
ABOUTAUT
OME
CHANI
KA

www.
acmaaut
omec
hani
kanewdel
hi.
com

ABOUTT
ECHS
CIRE
SEARCH

www.
tec
hsc
ires
ear
ch.
com

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