Growth Opportunities in Indian Off-Highway Market

Growth Opportunities in Indian Off-Highway Market

Potential Demand, Market Trends and Evolving Business Models

Expected RELEASE DATE
05-Oct-2022
REGION
South Asia, Middle East & North Africa
Research Code: PD76-01-00-00-00
SKU: AU02399-SA-MR_26879

$2,450.00

Special Price $2,205.00 save 10 %

In stock
SKU
AU02399-SA-MR_26879

$2,450.00

$2,205.00save 10 %

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Description

Expansion of online models will increase Product-based or bundled cross selling across distributor web store, equipment dealer networks, B2B and B2C e-commerce webpages and mobile apps Increase in sale of aftermarket spares and lubes through online market place Also would lead to seamless sales of used equipment and with win-win model for both buyer and seller. Ever-evolving competitive space of equipment business Online platform have drastically reduced the gap between the buyers and seller B2B e-commerce and marketplace site that enables sellers buy, rent, sell, auction and various other needs related to the infrastructure sector B2B online platform for buying and selling and auction of used construction equipment. Around 9 percent of the machines are currently fitted with telematics on site that could ascertain fuel efficiency, health check of the engine, transmission, how the machine has worked, and access all information online. This telematics trend is set to capture the Indian market once the players tend to understand the advantages and likely to increase in the next 10 years. With the younger population looking for lucrative earning options in urban India there is shortfall of labour in the agricultural sector which the farmers are trying to compensate with more mechanization. Labour shortfall coupled with increase in productivity in machine based process is increasing demand for off-high way vehicles and agricultural tractors.

Expansion of online models will increase Product-based or bundled cross selling across distributor web store, equipment dealer networks, B2B and B2C e-commerce webpages and mobile apps Increase in sale of aftermarket spares and lubes through online market place Also would lead to seamless sales of used equipment and with win-win model for both buyer and seller. Ever-evolving competitive space of equipment business Online platform have drastically reduced the gap between the buyers and seller B2B e-commerce and marketplace site that enables sellers buy, rent, sell, auction and various other needs related to the infrastructure sector B2B online platform for buying and selling and auction of used construction equipment. Around 9 percent of the machines are currently fitted with telematics on site that could ascertain fuel efficiency, health check of the engine, transmission, how the machine has worked, and access all information online. This telematics trend is set to capture the Indian market once the players tend to understand the advantages and likely to increase in the next 10 years. With the younger population looking for lucrative earning options in urban India there is shortfall of labour in the agricultural sector which the farmers are trying to compensate with more mechanization. Labour shortfall coupled with increase in productivity in machine based process is increasing demand for off-high way vehicles and agricultural tractors.
More Information
Industries Automotive
No Index No
Is Prebook Yes
Podcast No
WIP Number PD76-01-00-00-00