Impact of the New Axle Load Norms on the Commercial Vehicle (CV) Industry in India, 2019

Impact of the New Axle Load Norms on the Commercial Vehicle (CV) Industry in India, 2019

The New Axle Load Norms in India are Expected to have a Positive Impact on the Revenue of 6 Major Segments

RELEASE DATE
23-Jul-2019
REGION
South Asia, Middle East & North Africa
Research Code: PA83-01-00-00-00
SKU: AU01876-SA-MR_23429

$3,000.00

Special Price $2,250.00 save 25 %

In stock
SKU
AU01876-SA-MR_23429

$3,000.00

$2,250.00 save 25 %

DownloadLink

Pay by invoice

ENQUIRE NOW

Description

This study conducts a detailed assessment of the impact of the new axle load norms on the commercial vehicle (CV) Industry in India. The new norms, applicable from16 July 2018, are meant to bring gross vehicle weights (GVWs) in India at par with that of other global markets. The government believes this will help restrict the vehicle population in the country, thus reducing congestion and regulating the carbon footprint of the country.

This research service discusses the key stakeholder reactions and market perception to the implementation of these norms. This research also discusses OEM action plans for product upgrades and the implementation status of regional transport offices (RTOs) across India. The study analyzes the impact of the new axle load norms on the cement, steel, tanker (POL, edible oil and alcohol), ISO containers, auto carriers (2W/4W car carriers), fast-moving consumer goods (FMCG), market load, parcels & logistics, reefer, and tippers (blue metal and sand) segments. This study also analyzes the impact of the new axle load norms on the fleet owner’s operation economics. It also provides key conclusion and growth opportunities for companies in this market.

Insights on the expectation of fleet owners in the CV industry regarding preferred changes in product body design and engine power have also been included as well as the new product concepts that can maximize the benefits of the new axle load norms. The base year for this study is 2018.

The implementation of the new axle load norms will have a positive impact on the revenue of fleet owners serving the cement, steel, tanker (POL, Edible Oil, and Alcohol), market load, auto carrier (2W/4W), and LPG cylinder segments.

The reefer, FMCG, parcels and logistics, tippers (blue metal and sand), auto components (tires), and LPG tanker segments will not be impacted by the implementation of the new axle load norms. The fleet operators of this segment expect a shift towards the ICV segment for better load utilization and profitability.

Commercial vehicle OEMs, key suppliers, and automotive part manufacturers’ associations and consultancies.

Key Issues Addressed

  • What is the impact of the new axle norms across various user segments?
  • What is the current RTO implementation status of the new axle load norms in India?
  • What is the stakeholder reaction to the new norms? What is the market perception of the impact of the change in axle load norms in India?
  • What are the key action plans of the key OEMs? What are their product upgradation plans?
  • What are the future expectations and amendments due to the new axle load norms in India?

Author: Ankush Katailiha

Table of Contents

Key Findings

Segment-wise Impact of Axle Load Norm Application

Segment-wise Impact of Axle Load Norm Application (continued)

OEMs Key Actions and Product Upgradation Plan

Market Perception of the Impact of Axle Load Norms on Product Performance and Freight

Impact of Axle Load Norms on Segment-wise Demand

What are the New Truck Axle Norms?

The New Truck Axle Norms—Advisory Note w.e.f. 7th Aug’18

New Truck Axle Norms Calculation Explained—Haulage

New Truck Axle Norms Calculation Explained—Tractor Trailer

New Truck Axle Norms—Applicability and Understanding

Key Stakeholder Reactions

Market Perception of the Impact of Axle Load Norms on Product Performance and Freight

Impact of Axle Load Norms on Segment-wise Demand

Implementation Status of New Axle Load Norms in India

Product Plan/Upgrades—Tata

New Products Specification and Upgradation—TATA

New Products Specification and Upgradation—TATA (continued)

New Products Specification and Upgradation—TATA (continued)

New Products Specification and Upgradation—TATA (continued)

Product Plan / Upgrades—Ashok Leyland

New Products Specification and Upgradation—Ashok Leyland

Product Plan / Upgrades—Bharat Benz

New Products Specification and Upgradation—Bharat Benz

New Products Specification and Upgradation—Bharat Benz (continued)

OEMs’ Key Actions and Product Upgradation Plans

Value Chain—Cement Transportation Mode

Cement Segment—Modal Split for Transportation and Type of Vehicle Used

Impact of Axle Loading Norms on Fleet Owner’s Operating Economics—Sample OPECO-37/42T MAV—CEMENT (30 Ft)

Cement Segment—Model Shift due to New Axle Load Norm

Cement Segment—Impact on Commercials

Cement Segment—Impact on Product Performance

Cement Segment—Preferred Product Specifications

Steel—Value Chain Steel Transportation Mode

Steel Segment—Modal Split for Transportation and Type of Vehicle Used

Steel Segment—Model Shift due to the New Axle Load Norms

Steel Segment—Impact on Commercials

Steel Segment—Impact on Product Performance

Steel Segment—Preferred Product Specifications

POL—Value Chain

Edible Oil—Value Chain

Chemical—Value Chain

Bitumen—Value Chain

LPG Tanker—Value Chain

Modal Split for Transportation and Type of Vehicle in Tanker Segment

Tanker POL/Edible Oil Segment—Model Shift due to New Axle load Norms

Tanker POL / Edible Oil Segment—Impact on Commercials

Tanker POL / Edible Oil Segment—Impact on Product Performance

Tanker POL / Edible Oil Segment—Preferred Product Specifications

Impact Analysis—LPG Cylinders

Impact Analysis—LPG Tanker / Gas Bullet

ISO Container—Value Chain

ISO Container—Modal Split for Transportation and Type of Vehicle Used

ISO Container Segment—Model Shift due to New Axle Load Norms

ISO Container Segment—Impact on Commercials

ISO Container Segment—Impact on Product Performance

ISO Container Segment—Preferred Product Specifications

Two Wheeler—Value Chain

Four Wheeler—Value Chain

Auto 2W/4W Carrier—Modal Split for Transportation and Type of Vehicle Used

Impact of Axle Loading Norms on Fleet Owner’s Operating Economics—Sample OPECO—35/30T TT–Car Carrier

Impact of Axle Loading Norms on Fleet Owner’s Operating Economics—Sample OPECO—35/30T TT–Car Carrier (continued)

Auto Component (2W / 4W Carrier)—Model Shifts

Auto Component (2W / 4W Carrier)—Impact on Commercials

Auto Component (2W / 4W Carrier)—Impact on Product Performance

Auto Component (2W / 4W Carrier)—Preferred Product Specifications

Auto Components (Tires)—Impact of Axle Load Norms

FMCG—Value Chain

FMCG / Voluminous Goods—Modal Split for Transportation and Type of Vehicle Used

FMCG—Model Shift due to New Axle Load Norms

FMCG Segment—Impact on Commercials

FMCG Segment—Impact on Product Performance

FMCG Segment—Preferred Product Specifications

Market Load—Modal Split for Transportation and Type of Vehicle Used

Market Load—Model Shift due to New Axle Load Norms

Market Load Segment—Impact on Commercials

Market Load Segment—Impact on Product Performance

Market Load Segment—Preferred Product Specifications

Parcels and Logistic—Modal Split for Transportation and Type of Vehicle Used

Parcel and Logistic—Model Shift due to the New Axle Load Norms

Parcel and Logistics Segment—Impact on Commercials

Parcel and Logistics Segment—Impact on Product Performance

Parcel and Logistics Segment—Preferred Product Specifications

Reefer Segment—Model Shift due to New Axle Load Norms

Reefer Segment—Impact on Commercials

Reefer Segment—Impact on Product Performance

Reefer Segment—Preferred Product Specifications

Tippers (Blue Metal and Sand)—Model Shift due to New Axle Load Norms

Tippers (Blue Metal and Sand)—Impact on Commercials

Tippers (Blue Metal and Sand)—Impact on Product Performance

Tippers (Blue Metal and Sand)—Preferred Product Specifications

Market’s Perception of the Impact of Axle Load norms on End of Life of Product / Aggregates

Future Expectations / Amendment due to Axle Load Norms

Impact of Axle Load Norms

Key Takeaways—Impact of Axle Load Norms on OEMs

Key Takeaways—Impact of Axle Load Norms on Industry Volumes

Growth Opportunity 1—New Concept and Tubeless Tires

Growth Opportunity 2—BSVI Compliance

Strategic Imperatives for Success and Growth

The Last Word—3 Big Predictions

Legal Disclaimer

List of Acronyms

List of Acronyms (continued)

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
This study conducts a detailed assessment of the impact of the new axle load norms on the commercial vehicle (CV) Industry in India. The new norms, applicable from16 July 2018, are meant to bring gross vehicle weights (GVWs) in India at par with that of other global markets. The government believes this will help restrict the vehicle population in the country, thus reducing congestion and regulating the carbon footprint of the country. This research service discusses the key stakeholder reactions and market perception to the implementation of these norms. This research also discusses OEM action plans for product upgrades and the implementation status of regional transport offices (RTOs) across India. The study analyzes the impact of the new axle load norms on the cement, steel, tanker (POL, edible oil and alcohol), ISO containers, auto carriers (2W/4W car carriers), fast-moving consumer goods (FMCG), market load, parcels & logistics, reefer, and tippers (blue metal and sand) segments. This study also analyzes the impact of the new axle load norms on the fleet owner’s operation economics. It also provides key conclusion and growth opportunities for companies in this market. Insights on the expectation of fleet owners in the CV industry regarding preferred changes in product body design and engine power have also been included as well as the new product concepts that can maximize the benefits of the new axle load norms. The base year for this study is 2018. The implementation of the new axle load norms will have a positive impact on the revenue of fleet owners serving the cement, steel, tanker (POL, Edible Oil, and Alcohol), market load, auto carrier (2W/4W), and LPG cylinder segments. The reefer, FMCG, parcels and logistics, tippers (blue metal and sand), auto components (tires), and LPG tanker segments will not be impacted by the implementation of the new axle load norms. The fleet operators of this segment expect a shift towards the ICV segment for better load utilization and profitability. Commercial vehicle OEMs, key suppliers, and automotive part manufacturers’ associations and consultancies.--BEGIN PROMO--

Key Issues Addressed

  • What is the impact of the new axle norms across various user segments?
  • What is the current RTO implementation status of the new axle load norms in India?
  • What is the stakeholder reaction to the new norms? What is the market perception of the impact of the change in axle load norms in India?
  • What are the key action plans of the key OEMs? What are their product upgradation plans?
  • What are the future expectations and amendments due to the new axle load norms in India?

Author: Ankush Katailiha

More Information
No Index No
Podcast No
Author Ankush Katailiha
Industries Automotive
WIP Number PA83-01-00-00-00
Is Prebook No
GPS Codes 9883-A6,9889-A6