Medium & Heavy Trucks in India

Medium & Heavy Trucks in India industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the India medium & heavy trucks market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The medium and heavy trucks market includes commercial vehicles (CVs), buses and coaches (BCs), heavy commercial vehicles (HCVs) and heavy buses and coaches (HBCs). CVs and BCs weigh 3.51 to 16 tonnes and include pick-ups and vans where they fall into this weight range. HCVs and HBCs weigh over 16 tonnes; the converted trucks and buses are excluded. The market volume include the number of newly registrated vehicle in any given year. The market value is calculated in terms of average manufacturer selling price (MSP) against market volume, and excludes all taxes and levies. Any currency conversions used in the creation of this report have been calculated using constant 2016 annual average exchange rates.

– The Indian medium & heavy trucks market had total revenues of $8.5bn in 2016, representing a compound annual rate of change (CARC) of -1.9% between 2012 and 2016.

– Market consumption volumes declined with a CARC of -5.1% between 2012 and 2016, to reach a total of 283.4 thousand units in 2016.

– Demand for new trucks in Indian market is mainly dictated by replacement needs rather than expanding fleet. In this way, demand becomes unstable, with buyers being extremely price sensitive for replacing their trucks.

Scope

– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in India

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in India

– Leading company profiles reveal details of key medium & heavy trucks market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the India medium & heavy trucks market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the India medium & heavy trucks market by value in 2016?

- What will be the size of the India medium & heavy trucks market in 2021?

- What factors are affecting the strength of competition in the India medium & heavy trucks market?

- How has the market performed over the last five years?

- What are the main segments that make up India's medium & heavy trucks market?

Companies mentioned

Ashok Leyland Limited

Eicher Motors Limited

Mahindra & Mahindra Limited

Tata Motors Limited

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