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Reman Engine Business emerging as attractive business opportunity in India for OEMs
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The aim of this study is to research, analyse, and provide forecasts for India and global remanufactured automotive aftermarket by providing a high-level overview of factors that influence its growth. The main objectives of this research is to 1) Outline emerging trends, industry metrics, and transitional events that impact the remanufactured aftermarket today and will continue to in the future 2) Highlight areas where growth opportunities exist in the remanufacturing industry 3) Provide insights into a variety of topics beyond just remanufactured parts and service potential by investigating the impact of technological changes on the vehicle mix, product mix, product and service pricing, and promotion 4) Provide insights into technician skill and training, repair information, service locations, distribution, and logistics 5) Understand the direction of the industry on key issues’ This Research document focuses on identifying Reman Engine Potential in India and as well as Global market. This Research provides current potential of Reman Engine in 2018 and how the market will evolve by 2023. It also discusses upon the uptake potential & preference for Reman Engine market in India and as well as Global Market The Research discusses about Reman Engine potential estimates according to Engine types (2 Cylinder, 4Cylinder & 6 Cylinder). It also covers Cost of Ownership Analysis for Reman Engine (Customer viewpoint) and Customized solution offerings. The Research also discusses upon Drivers and Restraint for Reman Markets and Growth opportunity for OEMs in India The Key question that this Research study addresses are as follows: 1) The medium-long term outlook for the Indian and Global Reman Engine aftermarket? 2) Key opportunities for remanufacturers in India? 3) Main growth drivers and areas of growth for Reman Industry in India? 4) The structure of the global & India remanufactured automotive aftermarket? Who are the key industry participants? 5) The competitive landscape and key Reman company profiles? With No major legislative barrier in India the Reman Engine Market is expected to grow significantly by 2023. With BSVI Emission norm coming into implementation by Apr 2020 will drive up the demand for Reman Engine Market in India Reman engine will emerge as new business model for truck OEMs. Reman Engine as new business model will propel shift from B2B sales to B2C sales for OEMs in coming future. OEMs may offer customized solution directly to Customer and with good quality level of customized Reman Engine the customer preference will shift towards OEMs than local mechanics
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