Product Code: ETC174883 | Publication Date: Aug 2023 | Updated Date: Apr 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Automotive Gearbox Market registered a growth of 2.51% in value shipments in 2022 as compared to 2021 and an increase of 3.87% CAGR in 2022 over a period of 2017. In Automotive Gearbox Market India is becoming less competitive as HHI index in 2022 was 1809 while in 2017 it was 1495. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Automotive Gearbox Market.
The automotive gearbox market in India is expected to witness significant growth over the forecast period. This can be attributed to the increasing demand for commercial vehicles, growing government initiatives and supportive policies, rising disposable income of consumers, and ongoing development in terms of infrastructure. Additionally, with the rise in investments by OEMs as well as component manufacturers towards innovation and technological advancements are further expected to fuel market expansion during the forthcoming years.
Growing Demand for Automotive Gearboxes ??? The India automotive industry has witnessed steady growth owing to a number of factors such as economic liberalization, low-cost production advantages, availability of raw materials & skilled labor pool alongside favorable government policies including tax incentives & subsidies on exports that have encouraged domestic production within indigenous companies. This strong presence has led an increase in demand for various components including automotive gearboxes which is ultimately driving its market growth across India.Rising Disposable Income - The rising disposable income among India population is leading them towards higher spending capacity while purchasing different commodities such as cars which require several parts including transmission systems or gearboxes that act an important role behind their functioning making it one of most crucial factor propelling their sales & subsequently fuelling overall market growth.
High Cost - Low cost options available from international players remain a major challenge restraining overall market expansion due high cost associated with local manufactured products hindering adoption among new buyers potentially hampering revenue inflow adversely impacting industry landscape.
Some key players operating in India Automotive Gearbox Market include Mahindra Gears Pvt Ltd., Magna Drive Train Technologies India Pvt Ltd., Sona Koyo Steering Systems Ltd., Tata Autocomp Systems Ltd., GKN Driveline India Pvt Ltd., Eaton Corporation PLC etc
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 Gearbox Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Gearbox Market Revenues & Volume, 2020 & 2030F |
3.3 India Automotive Gearbox Market - Industry Life Cycle |
3.4 India Automotive Gearbox Market - Porter's Five Forces |
3.5 India Automotive Gearbox Market Revenues & Volume Share, By Transmission, 2020 & 2030F |
3.6 India Automotive Gearbox Market Revenues & Volume Share, By Vehicle, 2020 & 2030F |
3.7 India Automotive Gearbox Market Revenues & Volume Share, By Forward Gears, 2020 & 2030F |
4 India Automotive Gearbox Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Automotive Gearbox Market Trends |
6 India Automotive Gearbox Market, By Types |
6.1 India Automotive Gearbox Market, By Transmission |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Gearbox Market Revenues & Volume, By Transmission, 2020-2030F |
6.1.3 India Automotive Gearbox Market Revenues & Volume, By Automatic transmission, 2020-2030F |
6.1.4 India Automotive Gearbox Market Revenues & Volume, By Manual transmission, 2020-2030F |
6.1.5 India Automotive Gearbox Market Revenues & Volume, By Dual clutch transmission, 2020-2030F |
6.1.6 India Automotive Gearbox Market Revenues & Volume, By Automated manual transmission, 2020-2030F |
6.1.7 India Automotive Gearbox Market Revenues & Volume, By Continuously variable transmission, 2020-2030F |
6.2 India Automotive Gearbox Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Gearbox Market Revenues & Volume, By Commercial Vehicles, 2020-2030F |
6.2.3 India Automotive Gearbox Market Revenues & Volume, By Passenger Cars, 2020-2030F |
6.3 India Automotive Gearbox Market, By Forward Gears |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Gearbox Market Revenues & Volume, By above 10, 2020-2030F |
6.3.3 India Automotive Gearbox Market Revenues & Volume, By 9 â?? 10, 2020-2030F |
6.3.4 India Automotive Gearbox Market Revenues & Volume, By 7 â?? 8, 2020-2030F |
6.3.5 India Automotive Gearbox Market Revenues & Volume, By 5 â?? 6, 2020-2030F |
6.3.6 India Automotive Gearbox Market Revenues & Volume, By less than 5, 2020-2030F |
7 India Automotive Gearbox Market Import-Export Trade Statistics |
7.1 India Automotive Gearbox Market Export to Major Countries |
7.2 India Automotive Gearbox Market Imports from Major Countries |
8 India Automotive Gearbox Market Key Performance Indicators |
9 India Automotive Gearbox Market - Opportunity Assessment |
9.1 India Automotive Gearbox Market Opportunity Assessment, By Transmission, 2020 & 2030F |
9.2 India Automotive Gearbox Market Opportunity Assessment, By Vehicle, 2020 & 2030F |
9.3 India Automotive Gearbox Market Opportunity Assessment, By Forward Gears, 2020 & 2030F |
10 India Automotive Gearbox Market - Competitive Landscape |
10.1 India Automotive Gearbox Market Revenue Share, By Companies, 2023 |
10.2 India Automotive Gearbox Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |