India Automobile Market (2025-2031) | Size & Revenue, Analysis, Competitive Landscape, Segmentation, Trends, Outlook, Share, Forecast, Value, Industry, Growth, Companies

Market Forecast By Vehicle Type (Passenger Cars, Commercial Vehicles, Two-wheelers, Three-wheelers), By Propulsion (Internal Combustion Engine, Electric Vehicles), By Type (New Vehicles, Used Vehicles) And Competitive Landscape
Product Code: ETC7537341 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sumit Sagar No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Automobile Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, India`s automobile import shipments continued to see significant growth, with top exporting countries including Mexico, Germany, South Korea, USA, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 42.42% from 2020 to 2024 reflects a rapidly expanding industry. The remarkable growth rate of 205.13% from 2023 to 2024 highlights the increasing demand for imported automobiles in the Indian market, showcasing a flourishing trend for international automotive trade.

India Automobile Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • India Automobile Market Outlook
  • Market Size of India Automobile Market, 2024
  • Forecast of India Automobile Market, 2031
  • Historical Data and Forecast of India Automobile Revenues & Volume for the Period 2021- 2031
  • India Automobile Market Trend Evolution
  • India Automobile Market Drivers and Challenges
  • India Automobile Price Trends
  • India Automobile Porter's Five Forces
  • India Automobile Industry Life Cycle
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Passenger Cars for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Commercial Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Two-wheelers for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Three-wheelers for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Propulsion for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Internal Combustion Engine for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Electric Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By New Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of India Automobile Market Revenues & Volume By Used Vehicles for the Period 2021- 2031
  • India Automobile Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Propulsion
  • Market Opportunity Assessment By Type
  • India Automobile Top Companies Market Share
  • India Automobile Competitive Benchmarking By Technical and Operational Parameters
  • India Automobile Company Profiles
  • India Automobile Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Automobile Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Automobile Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Automobile Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Automobile Market Revenues & Volume, 2021 & 2031F

3.3 India Automobile Market - Industry Life Cycle

3.4 India Automobile Market - Porter's Five Forces

3.5 India Automobile Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

3.6 India Automobile Market Revenues & Volume Share, By Propulsion, 2021 & 2031F

3.7 India Automobile Market Revenues & Volume Share, By Type, 2021 & 2031F

4 India Automobile Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing disposable income of the middle class population in India

4.2.2 Government initiatives promoting electric vehicles and sustainable transportation

4.2.3 Growth of ride-sharing services leading to increased vehicle demand

4.3 Market Restraints

4.3.1 High import duties and taxes impacting the cost of automobiles

4.3.2 Infrastructure challenges such as inadequate road networks and traffic congestion

5 India Automobile Market Trends

6 India Automobile Market, By Types

6.1 India Automobile Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 India Automobile Market Revenues & Volume, By Vehicle Type, 2021- 2031F

6.1.3 India Automobile Market Revenues & Volume, By Passenger Cars, 2021- 2031F

6.1.4 India Automobile Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F

6.1.5 India Automobile Market Revenues & Volume, By Two-wheelers, 2021- 2031F

6.1.6 India Automobile Market Revenues & Volume, By Three-wheelers, 2021- 2031F

6.2 India Automobile Market, By Propulsion

6.2.1 Overview and Analysis

6.2.2 India Automobile Market Revenues & Volume, By Internal Combustion Engine, 2021- 2031F

6.2.3 India Automobile Market Revenues & Volume, By Electric Vehicles, 2021- 2031F

6.3 India Automobile Market, By Type

6.3.1 Overview and Analysis

6.3.2 India Automobile Market Revenues & Volume, By New Vehicles, 2021- 2031F

6.3.3 India Automobile Market Revenues & Volume, By Used Vehicles, 2021- 2031F

7 India Automobile Market Import-Export Trade Statistics

7.1 India Automobile Market Export to Major Countries

7.2 India Automobile Market Imports from Major Countries

8 India Automobile Market Key Performance Indicators

8.1 Average age of vehicles on the road

8.2 Number of charging stations for electric vehicles

8.3 Percentage of vehicles using alternative fuels

9 India Automobile Market - Opportunity Assessment

9.1 India Automobile Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

9.2 India Automobile Market Opportunity Assessment, By Propulsion, 2021 & 2031F

9.3 India Automobile Market Opportunity Assessment, By Type, 2021 & 2031F

10 India Automobile Market - Competitive Landscape

10.1 India Automobile Market Revenue Share, By Companies, 2024

10.2 India Automobile Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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