Auto Component Market in India 2016-2020

Published: June 2016
No. of Pages: 88

The Indian auto component industry offers a distinct competitive advantage in terms of cost and quality and this has helped its transformation from a local supplier (to the indigenous auto component industry) to a global supplier of auto parts that caters to big brands in the global automobile industry.

A prime example of the confidence that global OEMs have in Indian auto component manufacturers is the recent $2.5-billion (INR 15,400 crores) order bagged by India-based Motherson Sumi from Germany's Daimler. The contract involves the supply of exterior and interior systems designed to equip future Mercedes-Benz vehicles. The order is expected to commence from 2018.

The analysts forecast auto component market in India to grow at a CAGR of 19.31% during the period 2016-2020.

Covered in this report

This report covers the present scenario and the growth prospects of the auto component market in India for 2016-2020. To calculate the size of the market, we have considered the yearly revenue data for Indian auto suppliers.

The market is divided into the following segments based on zones:

  • North
  • East
  • West
  • South

The report, Auto Component Market in India 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Bharat Forge
  • Bosch India
  • Minda Group
  • Samvardhana Motherson Group
  • TVS Group

Other prominent vendors

  • Amara Raja
  • Amtek Auto
  • Exide Industries
  • Federal Mogul
  • Gabriel India
  • JBM Auto
  • JMT Auto
  • Precision Camshafts
  • Sona Group
  • Suprajit Engineering
  • WABCO India

Market driver

  • rising exports by the Indian automotive industry
  • For a full, detailed list, view our report

Market challenge

  • Counterfeit component parts
  • For a full, detailed list, view our report

Market trend

  • ightweighting in component redesign and innovation in the manufacturing
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Published By: Infiniti Research Limited
Product Code: Infiniti Research Limited12039

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