Innovative Business Models to Invigorate the Indian Automotive Aftermarket, 2026

Innovative Business Models to Invigorate the Indian Automotive Aftermarket, 2026

The Competitive Intensity of a More Organized Independent Aftermarket is Set to Take OESs’ Share of Business

RELEASE DATE
21-Oct-2020
REGION
South Asia, Middle East & North Africa
Research Code: MF5F-01-00-00-00
SKU: AU02067-SA-MT_24886

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AU02067-SA-MT_24886

$4,950.00

$4,207.50 save 15 %

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Description

This research service analyzes the Indian passenger and small commercial vehicles aftermarket, the aftermarket's future outlook, and the opportunities it offers to various participants in the value chain. The base year for the analysis is 2019, and the forecast period is 2020 to 2026.

The study discusses the impact of various factors—economic climate, regulatory environment, investment opportunities, government initiatives, and passenger miles traveled—on the aftermarket. Metrics, such as new vehicle sales and VIO forecast, were also used. The forecast for new vehicle sales is split by vehicle type and VIO, by vehicle age. Additional factors, such as vehicles by fuel type, shared mobility in the Indian market, technician training, and the average age of a vehicle are also discussed.

This research service discusses the impact of COVID-19 on the Indian aftermarket and offers insight into how the market will evolve. New business models and technologies, such as eRetailing, telematics, new service solutions, as well as the challenges and growth opportunities in the aftermarket ecosystem, are also analyzed. It offers a general overview of the distribution channel, product flow in IAM and OES channels, major distributors, comparison of after-sales services offered by OEMs, and the expected evolution of the distribution channel. The overall aftermarket revenue market size and forecast are based on the aforementioned factors. The base year market is split by replacement part market size, as well. Major trends that affect the IAM and the OES, and growth opportunities for all stakeholders in the aftermarket are also discussed.

Research Scope

  • To estimate the total market opportunity based on a top-down analysis of vehicles in operation, replacement rates, and market size.
  • To identify the top automotive parts distributors and service providers in the Indian automotive aftermarket.
  • To identify the growth opportunities and challenges that exist within the Indian automotive aftermarket and how it would impact market participants.
  • To understand the shift in OEMs' approach toward after-sales services.
  • To assess the current and future changes in the automotive after-sales market with respect all stakeholders.

Key Issues Addressed

  • What is the short- to medium-term outlook for the Indian automotive aftermarket?
  • What is the structure of the Indian automotive aftermarket? Who are the key industry participants?
  • Which products and services will offer the highest future growth opportunities?
  • How is the competitive landscape changing?
  • What is the impact of Mega Trends, such as eRetailing, telematics, and new business models, on the Indian aftermarket? How is it going to affect the market participants?

Author: Vasanth Raj

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

Indian Automotive Aftermarket and the Strategic Imperative 8™

Growth Opportunities Fuel the Growth Pipeline EngineTM

Indian Automotive Aftermarket Overview

Key Growth Metrics for the Indian Automotive Aftermarket

Growth Drivers in the Indian Automotive Aftermarket

Growth Restraints in the Indian Automotive Aftermarket

Demographic Highlights and Major Initiatives

Major Initiatives that have an Impact on the Aftermarket

Economic Analysis

Passenger Miles Travelled

Impact of COVID-19

Major Investments and Developments in Passenger Vehicles

Major Regulations in Passenger Vehicles

Major Aftermarket Suppliers by Product Type

New Vehicle Sales Analysis and Outlook

New Vehicle Sales by Segment

Passenger Vehicle Sales by Vehicle Type and Brand

VIO by Age

VIO by Region

New Vehicle Sales by Fuel Type

Ride Hailing, Ride Sharing, and Car Sharing Growth

Replacement Parts Revenue

Challenges in the Aftermarket

Training for Technicians

Aftermarket Structure for Parts Supply

Key Participants in the IAM Network

Key IAM Distributors

OES Channel—Overview of the OES Network

Percentage of Revenue by Distribution Channel

Major Automotive Trends that have an Impact on the Indian Aftermarket

Case Study—Quick Service Options (Maruti Suzuki)

Passenger Vehicle Infotainment Evolution in India

Infotainment Penetration

Trends in the OES Channel—Telematics and Subscription Services

App-based Telematics Solutions

Trends in the OES Channel—Digital Engagements

Trends in the IAM Channel—Multibrand Servicing

Trends in the IAM Channel—Multibrand Servicing (continued)

eCommerce Parts Sales

eCommerce Business Models

eRetail Participants Overview

Service Aggregators Overview

Case Study—TVS Automobile Solutions

eCommerce—eRetail/Service Aggregators that Bridge the Gap

Growth Opportunity 1—New Product Lines to Address Demand Caused by Regulations and Competitiveness, 2019

Growth Opportunity 1—New Product Lines to Address Demand Caused by Regulations and Competitiveness, 2019 (continued)

Growth Opportunity 2—New Business Models to Gain Share in IAM, 2019

Growth Opportunity 2—New Business Models to Gain Share in IAM, 2019

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

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Related Research
This research service analyzes the Indian passenger and small commercial vehicles aftermarket, the aftermarket's future outlook, and the opportunities it offers to various participants in the value chain. The base year for the analysis is 2019, and the forecast period is 2020 to 2026. The study discusses the impact of various factors—economic climate, regulatory environment, investment opportunities, government initiatives, and passenger miles traveled—on the aftermarket. Metrics, such as new vehicle sales and VIO forecast, were also used. The forecast for new vehicle sales is split by vehicle type and VIO, by vehicle age. Additional factors, such as vehicles by fuel type, shared mobility in the Indian market, technician training, and the average age of a vehicle are also discussed. This research service discusses the impact of COVID-19 on the Indian aftermarket and offers insight into how the market will evolve. New business models and technologies, such as eRetailing, telematics, new service solutions, as well as the challenges and growth opportunities in the aftermarket ecosystem, are also analyzed. It offers a general overview of the distribution channel, product flow in IAM and OES channels, major distributors, comparison of after-sales services offered by OEMs, and the expected evolution of the distribution channel. The overall aftermarket revenue market size and forecast are based on the aforementioned factors. The base year market is split by replacement part market size, as well. Major trends that affect the IAM and the OES, and growth opportunities for all stakeholders in the aftermarket are also discussed.--BEGIN PROMO--

Research Scope

  • To estimate the total market opportunity based on a top-down analysis of vehicles in operation, replacement rates, and market size.
  • To identify the top automotive parts distributors and service providers in the Indian automotive aftermarket.
  • To identify the growth opportunities and challenges that exist within the Indian automotive aftermarket and how it would impact market participants.
  • To understand the shift in OEMs' approach toward after-sales services.
  • To assess the current and future changes in the automotive after-sales market with respect all stakeholders.

Key Issues Addressed

  • What is the short- to medium-term outlook for the Indian automotive aftermarket?
  • What is the structure of the Indian automotive aftermarket? Who are the key industry participants?
  • Which products and services will offer the highest future growth opportunities?
  • How is the competitive landscape changing?
  • What is the impact of Mega Trends, such as eRetailing, telematics, and new business models, on the Indian aftermarket? How is it going to affect the market participants?

Author: Vasanth Raj

More Information
No Index No
Podcast No
Author Vasanth Raj
Industries Automotive
WIP Number MF5F-01-00-00-00
Is Prebook No
GPS Codes 9800-A6,9801-A6