| Product Code: ETC7537671 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s automotive parts and components import market in 2024 continued to see a diverse range of suppliers, with China, Germany, South Korea, Thailand, and the USA emerging as the top exporting countries. The market displayed low concentration with a low Herfindahl-Hirschman Index (HHI) in 2024. The industry also maintained strong growth momentum, with a notable compound annual growth rate (CAGR) of 15.2% from 2020 to 2024. Furthermore, the growth rate for 2023-24 stood at 2.55%, indicating steady progress in import shipments within the sector.

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 Parts and Components Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Parts and Components Market Revenues & Volume, 2022 & 2032F |
3.3 India Automotive Parts and Components Market - Industry Life Cycle |
3.4 India Automotive Parts and Components Market - Porter's Five Forces |
3.5 India Automotive Parts and Components Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 India Automotive Parts and Components Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 India Automotive Parts and Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in India |
4.2.2 Government initiatives promoting domestic manufacturing and Make in India campaign |
4.2.3 Technological advancements leading to innovations in automotive parts and components |
4.2.4 Growth in the aftermarket segment for automotive parts and components |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Competition from international markets |
4.3.3 Regulatory challenges and compliance requirements |
4.3.4 Supply chain disruptions and logistics issues |
5 India Automotive Parts and Components Market Trends |
6 India Automotive Parts and Components Market, By Types |
6.1 India Automotive Parts and Components Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Parts and Components Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 India Automotive Parts and Components Market Revenues & Volume, By Driveline and Powertrain, 2022 - 2032F |
6.1.4 India Automotive Parts and Components Market Revenues & Volume, By Interiors and Exteriors, 2022 - 2032F |
6.1.5 India Automotive Parts and Components Market Revenues & Volume, By Electronics, 2022 - 2032F |
6.1.6 India Automotive Parts and Components Market Revenues & Volume, By Bodies and Chassis, 2022 - 2032F |
6.1.7 India Automotive Parts and Components Market Revenues & Volume, By Wheel and Tires, 2022 - 2032F |
6.1.8 India Automotive Parts and Components Market Revenues & Volume, By Other, 2022 - 2032F |
6.2 India Automotive Parts and Components Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Parts and Components Market Revenues & Volume, By Original Equipment Manufacturers (OEMs), 2022 - 2032F |
6.2.3 India Automotive Parts and Components Market Revenues & Volume, By Aftermarket, 2022 - 2032F |
7 India Automotive Parts and Components Market Import-Export Trade Statistics |
7.1 India Automotive Parts and Components Market Export to Major Countries |
7.2 India Automotive Parts and Components Market Imports from Major Countries |
8 India Automotive Parts and Components Market Key Performance Indicators |
8.1 Research and development investment in new automotive technologies |
8.2 Adoption rate of electric vehicles and associated components |
8.3 Efficiency in inventory management and supply chain operations |
8.4 Number of strategic partnerships and collaborations for technology transfer |
8.5 Rate of adoption of advanced manufacturing processes in the automotive sector |
9 India Automotive Parts and Components Market - Opportunity Assessment |
9.1 India Automotive Parts and Components Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 India Automotive Parts and Components Market Opportunity Assessment, By Application, 2022 & 2032F |
10 India Automotive Parts and Components Market - Competitive Landscape |
10.1 India Automotive Parts and Components Market Revenue Share, By Companies, 2025 |
10.2 India Automotive Parts and Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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