India Automotive Components Market (2025-2031) Outlook | Companies, Trends, Analysis, Growth, Industry, Forecast, Size, Revenue, Share & Value

Market Forecast By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler, Three-Wheeler, OTR), By Component (Engine Parts, Body & Chassis, Suspension & Brakes, Drive Transmission & Steering Parts, Electrical Parts, Equipments), By Demand Category (OEM, Replacement) And Competitive Landscape
Product Code: ETC282864 Publication Date: Aug 2023 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Automotive Components Market Size Growth Rate


The India Automotive Components Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 12.80% in 2025, the market peaks at 13.51% in 2027, and settles at 12.45% by 2029.

India Automotive Components Market Growth Rate

India Automotive Components Market Overview

The India Automotive Components market is an integral part of the country`s booming automotive sector. The market includes a wide range of components, such as engines, transmissions, and electrical systems. As India automotive industry continues to expand, the demand for high-quality components remains strong.

Drivers of the Market

The India automotive components market is primarily driven by the growth of the automotive industry. As more people in India own vehicles, the demand for components such as brakes, engines, and electronics increases. Additionally, technological advancements in the automotive sector, including electric and hybrid vehicles, impact the market.

Challenges of the Market

The India automotive components market faces several challenges. One of the primary issues is the need for substantial investments in technology and infrastructure to keep up with global quality and safety standards. The market is highly fragmented, with many small and medium-sized enterprises, which makes it challenging to achieve economies of scale. Additionally, fluctuations in the global economy and exchange rates can impact the cost of raw materials, affecting the cost structure of automotive components. Regulatory compliance, especially with regard to emissions and safety standards, is another significant challenge. The market must continually adapt to evolving regulations, which can be a costly and time-consuming process.

COVID-19 Impact on the Market

The automotive industry faced a significant blow during the pandemic, affecting the demand for automotive components. Manufacturing slowdowns and supply chain disruptions led to reduced production and sales.

Key Players in the Market

The India Automotive Components market is characterized by key players who supply a wide range of components for the automotive sector. Notable companies like Bharat Forge Limited, Motherson Sumi Systems Limited, Bosch Limited, and Exide Industries Limited are major contributors to this market. They offer diverse automotive components, including engine parts, electrical systems, and chassis components, supporting India thriving automotive industry.

Key Highlights of the Report:

  • India Automotive Components Market Outlook
  • Market Size of India Automotive Components Market, 2024
  • Forecast of India Automotive Components Market, 2031
  • Historical Data and Forecast of India Automotive Components Revenues & Volume for the Period 2021-2031
  • India Automotive Components Market Trend Evolution
  • India Automotive Components Market Drivers and Challenges
  • India Automotive Components Price Trends
  • India Automotive Components Porter's Five Forces
  • India Automotive Components Industry Life Cycle
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Passenger Car for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Light Commercial Vehicle for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Medium & Heavy Commercial Vehicle for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Two-Wheeler for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Three-Wheeler for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By OTR for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Engine Parts for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Body & Chassis for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Suspension & Brakes for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Drive Transmission & Steering Parts for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Electrical Parts for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Equipments for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Demand Category for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By OEM for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Components Market Revenues & Volume By Replacement for the Period 2021-2031
  • India Automotive Components Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Demand Category
  • India Automotive Components Top Companies Market Share
  • India Automotive Components Competitive Benchmarking By Technical and Operational Parameters
  • India Automotive Components Company Profiles
  • India Automotive Components Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Automotive Components 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 Automotive Components Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Automotive Components Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Automotive Components Market Revenues & Volume, 2021 & 2031F

3.3 India Automotive Components Market - Industry Life Cycle

3.4 India Automotive Components Market - Porter's Five Forces

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

3.6 India Automotive Components Market Revenues & Volume Share, By Component, 2021 & 2031F

3.7 India Automotive Components Market Revenues & Volume Share, By Demand Category, 2021 & 2031F

4 India Automotive Components Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for vehicles in India

4.2.2 Growth in the automotive manufacturing sector

4.2.3 Technological advancements leading to higher component demand

4.3 Market Restraints

4.3.1 Fluctuating raw material prices

4.3.2 Regulatory challenges and compliance requirements

4.3.3 Intense competition in the market

5 India Automotive Components Market Trends

6 India Automotive Components Market, By Types

6.1 India Automotive Components Market, By Vehicle Type

6.1.1 Overview and Analysis

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

6.1.3 India Automotive Components Market Revenues & Volume, By Passenger Car, 2021-2031F

6.1.4 India Automotive Components Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F

6.1.5 India Automotive Components Market Revenues & Volume, By Medium & Heavy Commercial Vehicle, 2021-2031F

6.1.6 India Automotive Components Market Revenues & Volume, By Two-Wheeler, 2021-2031F

6.1.7 India Automotive Components Market Revenues & Volume, By Three-Wheeler, 2021-2031F

6.1.8 India Automotive Components Market Revenues & Volume, By OTR, 2021-2031F

6.2 India Automotive Components Market, By Component

6.2.1 Overview and Analysis

6.2.2 India Automotive Components Market Revenues & Volume, By Engine Parts, 2021-2031F

6.2.3 India Automotive Components Market Revenues & Volume, By Body & Chassis, 2021-2031F

6.2.4 India Automotive Components Market Revenues & Volume, By Suspension & Brakes, 2021-2031F

6.2.5 India Automotive Components Market Revenues & Volume, By Drive Transmission & Steering Parts, 2021-2031F

6.2.6 India Automotive Components Market Revenues & Volume, By Electrical Parts, 2021-2031F

6.2.7 India Automotive Components Market Revenues & Volume, By Equipments, 2021-2031F

6.3 India Automotive Components Market, By Demand Category

6.3.1 Overview and Analysis

6.3.2 India Automotive Components Market Revenues & Volume, By OEM, 2021-2031F

6.3.3 India Automotive Components Market Revenues & Volume, By Replacement, 2021-2031F

7 India Automotive Components Market Import-Export Trade Statistics

7.1 India Automotive Components Market Export to Major Countries

7.2 India Automotive Components Market Imports from Major Countries

8 India Automotive Components Market Key Performance Indicators

8.1 Average revenue per component sold

8.2 Adoption rate of advanced manufacturing technologies

8.3 Number of strategic partnerships and collaborations within the industry

9 India Automotive Components Market - Opportunity Assessment

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

9.2 India Automotive Components Market Opportunity Assessment, By Component, 2021 & 2031F

9.3 India Automotive Components Market Opportunity Assessment, By Demand Category, 2021 & 2031F

10 India Automotive Components Market - Competitive Landscape

10.1 India Automotive Components Market Revenue Share, By Companies, 2024

10.2 India Automotive Components Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All