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Analysis of the truck market in India

Analysis of the truck market in India Analysis of the truck market in India
Release date 03.12.2021
Number of pages 40
Formats DOCX, PDF
Cost 89000 ₹

The deadline for submitting the report is 10 business days. The study is sold with an update

This study is a marketing analysis of the truck market in India. Analysts have made a market development forecast until 2025.

Study period: 2016-2020 years.

Object of study: truck market

Subject of study: market volume and capacity, truck market trends, factors affecting the market, export and import, main competitors, consumers, prices, assessment of investment attractiveness, market development forecast

Purpose of the study: analysis and forecast of the development of the truck market


Research objectives:

Description of the state of the truck market 
Estimation of the volume and potential capacity of the truck market
STEP analysis of factors affecting the truck market
Description of the main competitors
Assessment of current trends and market development prospects
Assessment of factors of investment attractiveness of the truck market
Making a market development forecast up to 2025

Main research blocks:

Overview of the Indian Truck Market 
Competitive analysis in the truck market 
Analysis of truck production 
Analysis of foreign trade deliveries of trucks 
Truck consumption analysis 
Price analysis
Assessment of factors of investment attractiveness of the market 
Forecast for the development of the truck market until 2025 
Recommendations and conclusions 

Information sources: 

Databases of state statistical bodies
Databases of the federal tax service
Open sources (websites, portals)
Issuer reporting 
Company websites
Media Archives
Regional and federal media
Insider sources
Specialized analytical portals

Methods:

Desk research. Search and analysis of information from various sources, making calculations. Statistics and analytics
Forecast GidMarket. Modern statistical forecasting methods adjusted for expert opinion.


Content

Part 1. Overview of the Indian Truck Market 

1.1. Main characteristics of the market 
1.2. Dynamics of the truck market volume in 2016-2020 Potential market capacity 
1.3. Assessment of factors affecting the market 
1.4. Truck Market Life Cycle Stage 
1.5. Competition from substitute products 

Part 2. Competitive analysis in the truck market 

2.1. Major players in the market 
2.2. Market shares of the largest competitors 
2.3. Profiles of major players 

Part 3. Analysis of the production of trucks 

3.1. Volume and dynamics of domestic production of trucks 
3.2. Share of exports in the production of trucks 
3.3. Segmentation of truck production by region 
3.3.1. Production by Union Territories 
3.3.2. Production by states of India 

Part 4. Analysis of foreign trade deliveries of trucks 

4.1. The volume and dynamics of imports of trucks 
4.2. Import structure 
4.3. The volume and dynamics of exports of trucks 
4.4. Export structure 

Part 5. Truck consumption analysis 

5.1. Dynamics of the volume of consumption of trucks 
5.2. Analysis of the results of tenders for the purchase 

Part 6. Price Analysis 

6.1. Average producer prices by union territories 
6.2. Average consumer prices by states in India 

Part 7. Assessment of factors of investment attractiveness of the market 

Part 8. Forecast for the development of the truck market until 2025 

Part 9. Recommendations and conclusions


Research excerpt

Thus, the market shares of trucks do not undergo fundamental changes, the number of sold vehicles of each class has decreased. The share of LCV and CV cars slightly increased, while the share of HCV cars decreased.

In the near future, one should not expect a redistribution of market shares, since many projects are planned in the country that require the participation of HCV class vehicles. Also, cargo transportation in the field of trade is increasingly calculating logistics, retail chains are going “deeper” to the regions and primarily use HCV class trucks. Thus, the downward fluctuation in the share of large-capacity trucks is a temporary phenomenon.

Within the classes of trucks, the distribution of market shares was formed at the end of 20.. as follows:

The segment of cargo transportation by road has a huge impact on the studied market, since trucks are used for the delivery of goods in all regions of India, the CIS, and European countries. Thus, with an increase in freight turnover, the demand for freight transport increases and vice versa, if freight traffic decreases, the demand for trucks also falls.

In general, 20.. was not a very successful year for the freight market.  in 20..g. the volume of cargo transportation by organizations of all types of economic activity (excluding pipeline and railway transport of non-public use) amounted to .. million tons, which is 2% lower than in 20.. 

At the moment, production has reached the level before the crisis of 20.. Despite the fact that the average annual growth in production over the past four years is ..%, the overall situation on the market is unstable, and in 20.. a decline was noted as a result of which 208 trucks were produced, which is 622 thousand units less than 3,2.. year. Given the economic situation in 20, the decline in production may continue.


List of diagrams

Diagram 1. The ratio of imported and domestic products in the truck market,%
Diagram 2. Dynamics of the volume of the truck market, 2016-2020
Diagram 3. Revenue (net) from the sale of trucks by union territories for 2016-2020, %
Diagram 4. Shares of the largest competitors in the truck market in 2020
Diagram 5. Dynamics of production volumes of trucks in India for 2016-2020
Diagram 6. Dynamics of the total revenue of the largest manufacturers (TOP-5) of trucks in India, 2016-2020
Diagram 7. The share of exports in production for 2016-2020
Diagram 8. Volume and dynamics of imports of trucks in physical terms
Diagram 9. Volume and dynamics of imports of trucks in monetary terms
Diagram 10. Dynamics of export of trucks in physical terms 
Diagram 11. Dynamics of export of trucks in monetary terms
Diagram 12. Balance of exports and imports
Chart 13. Structure of exports by country in 2020
Diagram 14. Dynamics of consumption of trucks in monetary terms, 2016-2020
Diagram 15. Forecast of market size in 2021 - 2025


Tables

Table 1. STEP analysis of factors affecting the truck market
Table 2. Main companies participating in the truck market in 2020
Table 3. Profiles of companies participating in the truck market in 2020
Table 4. Dynamics of truck production in India by union territories
Table 5. Structure of truck imports by importing countries in 2020
Table 6. Average producer prices in the truck market by Union Territories 
Table 7. Average consumer prices in the truck market by state in India 
Table 8. Assessment of factors of investment attractiveness of the truck market


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