(EMAILWIRE.COM, May 28, 2025 ) Automotive Market in India to Hit USD 6.38 Mn by 2032

Automotive Market in India was accounted for 3.99 Mn units in 2023 and the market is expected to reach 6.38 Mn units at a CAGR of 6.94 % by 2030.

Explore additional details by clicking the link provided: https://www.maximizemarketresearch.com/request-sample/86126/

About the Market

The Indian automobile industry produces and sells vehicles grouped by design, usefulness, and purpose. Changes in transportation rules, the necessity for alternative fuels, and innovation in sustainable car technologies all contribute to rising demand. This market study provides deep insights into industry dynamics, segmentation, geographical trends, and the competitive landscape, drawing on both primary and secondary research to deliver an educated market outlook.

Automotive Market in India Segments Analysis

In 2024, Two-wheeler Segment Held the Dominant Position with A Share of Above 49% While Petrol Segment Dominated the Automotive Market in India and accounted for 62.3% Of the Global Revenue Share.

By Vehicle Type

Passenger Vehicles
Hatchbacks
Mini Hatchback
Small Hatchback
Sedans
SUVs
MUVs/ MPVs
Other

Commercial Vehicles
Truck
Bus
Light Commercial Vehicle (LCV)
Others
Two Wheelers
Motorcycles
Scooters
Electric Bikes
Three Wheelers
Auto Rickshaws
Goods Carriers
Others

By Type

Petrol
Diesel
Electric cars
Others

For a deeper understanding, click on the link below: https://www.maximizemarketresearch.com/request-sample/86126/

Regional Insights for Automotive Market in India

In 2024, The North Indian and West Indian regions are dominating the Indian automotive market with largest market share. North India dominates the Indian auto market due to its dense population, rapid urbanization, and high demand for two-wheelers and passenger vehicles such as SUVs. West India stands out for its considerable presence in commercial vehicles, which is aided by its extensive agricultural base and closeness to major ports.

Market key players Fueling industry evolution

These companies are leading the Automotive Market in India, demonstrating strong financial performance and strategic investments in product development and market expansion:

Tata Motors Ltd – ~$45 billion
Maruti Suzuki India Ltd – ~$15 billion
Mahindra & Mahindra Ltd – ~$11 billion
Hero MotoCorp Ltd – ~$5.5 billion
Bajaj Auto Ltd – ~$4.8 billion

To dive into the specifics, click the below link: https://www.maximizemarketresearch.com/market-report/automotive-market-in-india/86126/

New Related Markets Published by Maximize Market Research.

Used Car Market: Used Car Market size was valued at USD 1148.63 Bn. in 2023 and the total revenue is expected to grow at 8.4% of CAGR through 2024 to 2030, reaching nearly USD 2059.62 Bn.

Heavy Duty Automotive Aftermarket Market: Heavy Duty Automotive Aftermarket Market size was valued at USD 137.25 Bn in 2023 and is expected to reach USD 178.31 Bn by 2030, at a CAGR of 3.81 %.

Autonomous / Self-Driving Cars Market: Autonomous / Self-Driving Cars Market volume was at 23.26 million Units in 2022 and the total revenue is expected to grow at 13.5% of CAGR through 2023 to 2029, reaching nearly 56.46 million Units.

Contact Information:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Akash Raskar
Tel: +91 9607365656
Email us


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