Indian Is in Top Ten Four Wheeler Auto Markets, Says Smart Research Insights in New Report Available at MarketPublishers.com27 Dec 2016 • by Natalie Aster
LONDON – India boasts a position of the 6th largest manufacturer of vehicles globally. It follows such majors as the U.S., China, Germany, South Korea and Japan. As of 2015, the annual production volume in this country stood at approximately 23.4 million, a rise by around 8.7% YoY.
Two wheelers form the largest segment of this market globally. In terms of market segments, this country leads the two wheeler segment both in terms of production and sales. The local segment grew at a CAGR of around 9.48% over the period 2006-2014.
A rise in per capita income, favorable financing options, the government support and launches of new vehicles are some of driving forces of the Indian four wheeler marketplace.
New research report “Assessment Of the Indian Four Wheeler Auto Market 2016” drawn up by Smart Research Insights offers a comprehensive guide to the Indian four wheeler marketplace. The study provides a bird’s eye view of this swiftly growing market.
It insightfully explores performance of this market’s segments. The report discloses statistics of the Indian marketplace and limelights it performance.
The research study investigates trends of this country’s market. It unveils emerging trends and focuses on challenges this space faces.
Te research report covers localization issues and delves deep into the local competitive landscape. The study profiles companies leading the race and projects future development of the market.
Reasons to Buy:
- get updated of the most recent development in the Indian four wheeler space;
- find out factors that drive change;
- see how tough the competition is;
- learn how this marketplace is predicted to develop in the offing.
Other Markets and Industries Scrutinized by Smart Research Insights Include:
More new reports by Smart Research Insights are available at its page.