Marketing research of the transport services market
The relevance of research
In India, as in other developed countries, transport is one of the largest basic sectors of the economy, the most important part of the industrial and social infrastructure. Transport plays an important role in the socio-economic development of the country. The transport system provides conditions for economic growth, increasing the competitiveness of the national economy and the quality of life of the population.
The geographical features of India determine the priority role of transport in the development of the country's competitive advantages in terms of realizing its transit potential. Access to safe and high-quality transport services determines the efficiency of work and development of production, business and the social sphere
Purpose of the study
Analysis of the state of the transport services market, assessment of the market size, analysis of competitors, as well as identification of factors affecting the transport services market
Content
Part 1. Overview of the Indian Transportation Market
1.1. Definition and Characteristics of the Indian Transport Services Market
1.2. Dynamics of the volume of the Indian market of transport services, 2014-2018
1.3. Market structure by type of service provided in India
1.4. The structure of the market of transport services in the Union Territories
1.5. Assessment of current trends and development prospects of the studied market
1.6. Assessment of factors affecting the market
1.7. Analysis of sectoral indicators of financial and economic activity
Part 2. Competitive analysis in the transport services market in India
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 consumption of transport services
3.1. Estimation of the volume of consumption of transport services per capita
3.2. Market Saturation and Estimated Market Potential in India
3.3. Description of consumer preferences
3.4. Price analysis
Part 4. Assessment of factors of investment attractiveness of the market
Part 5. Forecast for the development of the transport services market until 2023
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
Research excerpt
Part 1. Overview of the Indian Transportation Market
1.1. Definition and Characteristics of the Indian Transport Services Market
Transport is a complex infrastructure that includes many different elements. Nowadays, all modes of transport somehow…
The process of transportation of goods and passengers is ...
Various definitions of the market of transport services are possible.
1) The market of transport services is understood as ...
2nd) …
Regardless of the specific definition of the transport services market, we are always talking about the provision of services for …
The transport services market is based on the general principles inherent in all types of markets: ...
The market of transport services has the basic functions of any market: ...
The transport services market includes both production (services for the transportation of goods and passengers) and …
The transport market states are…
Until the end of the XX century. the concept of ""transport service"" was not used in the organization and management of transport. Transport service means...
The main type of transport service is the transportation of goods, but, as a rule, it is accompanied by the provision of a whole range of additional services: ...
Types of transport are divided into water (sea river), land ...
The demand for the services of a particular mode of transport is determined, in particular, by the development in the region ...
Consider a comparative description of the types of transport used to provide transport services.
In India, as in other developed countries, transport is one of the …
Transport communications unite…
The so-called ""one-stop transport system"" of India is characterized by such features as: ...
1.2. Dynamics of the volume of the Indian market of transport services, 2014-2018
During 2014-2018 volume of the transport services market in monetary terms ... The volume of the transport services market in India in 2018 in monetary terms amounted to … billion Rs., having exceeded the level of 2017 by …%. This was facilitated by ... The average annual growth rate for the industry for 2014-2018. amounted to … %.
The largest market growth in 2018 occurred in the segment of … transport (by … %), as well as … transport (by …%). At the same time, the market…
1.3. Market structure by type of service provided in India
In the structure of the transport services market in 2018, the largest share is occupied by … transport, which together accounts for … % (passenger transportation – …%, cargo transportation – … %). The share of ... transport accounts for ... %, for ... cargo transportation - ... % of the transport services market. To share…
1.4. The structure of the market of transport services in the Union Territories
In 2018, the vast majority of transport services were provided in … Union Territories (… %) and … Union Territories (… %). The third place in terms of the volume of these services is occupied by … Union Territories – …%, …
Diagram 3. The structure of the provision of transport services in India by Union Territories, 2018, %
1.5. Assessment of current trends and development prospects of the studied market
...
1.6. Assessment of factors affecting the market
Let's consider the main factors influencing the market and, accordingly, demand.
Social (demographic)
During 2014-2017 India's population shows … dynamics. The increase in the population for ... was not only due to ..., but also due to ...
In 2016-2018 are observed ..., but despite this, the population of India ... until 2019 at the expense of ... population, and in 2019 the population ... Since the beginning of 2019, the population ...
...
Economic
...
technological
...
Political
...
Table 8. STEP-analysis of factors influencing the market of transport services
In general, the impact of macro factors on the market of transport services can be assessed as ... The negative impact is exerted by the group of …
Factors such as…
1.7. Analysis of sectoral indicators of financial and economic activity
Consider the financial and economic indicators for the industry ...
Profit from the sale of services
Dynamics of profit in the transport services industry in 2014-2016 tended to ... In 2017, the profit from the sale of transport services in India as a whole amounted to ... billion Rs., which is by ... % ... of the indicator of 2016. In 2018, the value of the indicator is ... % to ... billion Rs.
Gross margin is gross profit divided by sales revenue (excluding excise taxes and VAT). Gross margin shows how much...
Compared to India as a whole, the industry has … gross margin indicators: for the period 2013-2017. on average … by … p.p. At the end of 2017, the gross margin of the industry ...
Return on profit
The profitability indicator in the industry as a whole at the end of 2018 is … %, having decreased relative to … by … p.p.
With respect to profitability in all sectors of India, the indicators of the industry in the study period were ... indicators of the Indian economy as a whole. Only...
Absolute liquidity
The transport services industry as a whole in 2014-2018 in general, absolute liquidity indicators have slightly … values for all sectors of the economy, except for … years, when the value of the indicator for the industry was …
Current liquidity
Values of current liquidity in the industry in 2014-2018 had ... character. In 2018, the values of the indicator were …, which indicates … liquidity. The performance of the industry as a whole in the field of transport services is comparable to ...
Diagram 12. Current liquidity (total coverage) in the field of transport services for 2014-2018, times
Business Activity Indices
During the period from 2014 to 2015, there was … an average age of accounts receivable, which is … a trend. But since 2016, an annual … indicator has been noted. In 2018, the value of the indicator for the industry amounted to … days, which is …
At the same time, for all sectors of the Indian economy, business activity indicators for the period 2013-2017 were on the level...
Financial stability
Financial stability indicators in 2014-2018 in the industry as a whole, there were … normative values (10%), which indicates … the volume of own working capital in the industry necessary for its financial stability. In 2018, the average value of the indicator was …%, which is by … p.p. ... than in all sectors of the Indian economy.
Part 2. Competitive analysis in the transport services market in India
2.1. Major players in the market
According to the results of 2018, the largest players in the transport services market are …, …, … Together, these companies account for about … % of the market.
2.2. Market shares of the largest competitors
As of 2018, the largest operators of the transport services market in India remain …, occupying almost … the market (…%). In second place is ... - ...% of the market, in third ..., occupying ...% of the transport services market in India. ... Other companies account for … % of the transport services market, which speaks of … the market.
2.3. Profiles of major players
Company ""…""
...
Table 16. Basic information about the transport services market participant XXXXX
During 2014-2018 the revenue of the largest operators of the transport services market from the sale of this type of service grew by … % on average. In 2018, total revenue increased by …% compared to 2014.
Part 3. Analysis of the consumption of transport services
3.1. Estimation of the volume of consumption of transport services per capita
During 2014-2018 the volume of consumption of transport services per capita is unchanged ... In 2018, the volume of consumption of transport services per capita amounted to … thousand Rs./person, which is … % more than in 2017 and … % more than in 2014 At the same time, starting from 2015, the growth rate ... The average annual growth rate of the indicator value in 2014-2018. amounted to … %.
Diagram 15. Consumption of transport services per capita, 2014-2018, thousand Rs./person
3.2. Market Saturation and Estimated Market Potential in India
Estimated potential of the Indian transport services market. …
3.3. Description of consumer preferences
To identify consumer preferences of participants in passenger transportation, the results of ...
Among the dominant reasons for choosing the mode of transport, most respondents included ... In total, it was named among the priorities (indicated in the first, second and third places) ...% of passengers of intercity and ...% of suburban trains, ...% of passengers of road transport and ...% air transport. As a result, the advantage...
Next in terms of representativeness are the groups of respondents who included among the priority reasons ...
The number of the most significant reasons also included ... The number of groups of respondents who included it among the priorities turned out to be ...
...
There are two types of cargo transportation on the market of transport services - ... According to the data ..., they account for ... % and ... % of cargo transportation, respectively. Inland water transport, … modes of transport in the aggregate occupy about … % of cargo transportation. It should be noted that water transport, …
According to a survey of Indian and foreign entrepreneurs conducted by …, major global players in the transport services market are preferred by …% of respondents, the largest domestic companies – by …%, …
Diagram 18. Carrier selection criteria, %
3.4. Price analysis
Payments for services rendered by transport organizations are carried out using transport tariffs. Tariffs include:
...
There are several types of tariffs:…
...
In general, in India, in 2014-2019 (11 months) prices for freight transportation by all modes of transport (excluding pipelines) are unchanged .... The maximum increase in the cost of services was noted in … y. (by … %), the minimum - in … y. (on the … %). The maximum growth in freight transportation prices was noted in 2016 (“plus” …%) in the … federal district, the minimum in 2013 – (“plus” …%) in the … federal district.
...
In general, in India, in 2014-2019 (11 months) prices for freight transportation by road ... The maximum increase in the cost of services was noted in … (by …%), the minimum value was …
Part 4. Assessment of factors of investment attractiveness of the market
… factors of the investment climate of the transport services market dominate over… A comprehensive assessment of the factors of investment attractiveness amounts to … points – … the investment climate.
The most significant positive factors. …
The most significant negative factors include the following. …
Part 5. Forecast for the development of the transport services market until 2023
...
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
...
Diagrams
Diagram 1. Dynamics of the volume of the Indian transport services market for the period 2014-2019 in monetary terms, billion Rs.
Diagram 2. Structure of the transport services market by type, 2018, %
Diagram 3. The structure of the provision of transport services in India by Union Territories, 2018, %
Chart 4. Population change in India, 2014-2019 (Nov)
Chart 5. Dynamics of real incomes of the population of India, 2014 -2019 (Jan-Sept.)
Diagram 6. Dynamics of India's GDP, 2014 - 2019, % to the previous year
Chart 7. The dynamics of the US dollar against the rupee, 2015-November. 2019, Rs. for 1 US dollar
Chart 8. Dynamics of the inflation rate in India, 2014-Nov. 2019
Chart 9. Average annual prices for Indian oil in the period 2014-Nov. 2019
Chart 10. Retail trade volume in India, trillion Rs., 2014 - 2019 (Jan-Sept.)
Diagram 11. Dynamics of the average interest rate on loans to legal entities, 2014-Jan-Oct. 2019
Diagram 12. Current liquidity (total coverage) in the field of transport services for 2014-2018, times
Diagram 13. Shares of the largest competitors in the transport services market in India in 2018, in %
Diagram 14. Dynamics of the total revenue of the largest market operators (TOP-5) in India, 2014-2018, billion Rs.
Diagram 15. Consumption of transport services per capita, 2014-2018, thousand Rs./person
Diagram 16. Structure of the transport services market by type of transport, 2019, %
Diagram 17. Most trusted transport service providers, %
Diagram 18. Carrier selection criteria, %
Diagram 19. Forecast of the volume of the transport services market in 2019-2023, billion Rs.
Tables
Table 1. Classification of transport services
Table 2. Comparative characteristics of modes of transport used to provide transport services
Table 3. Revenue from the sale of services in the main areas for 2014-2018, billion Rs.
Table 4. Index of industrial production by states of India (in % of the previous year), 2014 - 11 months 2019
Table 5. The dynamics of the US dollar against the rupee, 2015 - Nov. 2019, Rs. for 1 US dollar
Table 6. Dynamics of rolling stock, 2014-2018, thousand units
Table 7. Weighted average interest rates of credit institutions on loans to non-financial institutions in rupees (% per annum), 2014 - 2019
Table 8. STEP-analysis of factors influencing the market of transport services
Table 9. Profit (loss) from the sale of transport services in the Union Territories of India, 2014-2018, billion Rs.
Table 10. Gross margin of the transport services industry in comparison with all sectors of the Indian economy, 2014-2018, %
Table 11. Return on profit before tax (profit of the reporting period) in transport services in comparison with all sectors of the Indian economy, 2014-2018, %
Table 12. Absolute liquidity in the transport services sector in comparison with all sectors of the Indian economy, 2014-2018, times
Table 13. Business activity (average period of receivables turnover) in the field of transport services, for 2014-2018, days days
Table 14. Financial stability (security of own working capital) in the field of transport services in comparison with all sectors of the Indian economy, 2014-2018, %
Table 15. The main companies participating in the transport services market in India
Table 16. Basic information about a participant in the transport services market XXXXX
Table 17. Basic information about a participant in the transport services market XXXXX
Table 18. Basic information about a participant in the transport services market XXXXX
Table 19. Basic information about a participant in the transport services market XXXXX
Table 20. Basic information about a participant in the transport services market XXXXX
Table 21. Consumer preferences of passengers when choosing a mode of transport, % of respondents
Table 22. Consumer price indices for freight transportation by all modes of transport (excluding pipelines) by states of India, 2014 - 11 months. 2019, %
Table 23. Consumer Price Indices for Freight Transportation by Rail by State of India, 2014 - 11 months 2019, %
Table 24. Consumer Price Indices for Freight Transport by Road by State of India, 2014 - 11 months 2019, %
Table 25. Consumer Price Indices for Freight Transportation by Sea by State of India, 2014 - 11 months 2019, %
Table 26. Consumer Price Indices for Freight Transportation by Inland Waterway Transport by States of India, 2014 - 11 months 2019, %
Table 27. Air Freight Consumer Price Indices by State of India, 2014 - 11 months 2019, %
Table 28. Assessment of factors of investment attractiveness of the transport services market
All reports