DUBLIN–(BUSINESS WIRE)–The “Indian Commercial Vehicles Market Outlook, FY2020” report has been added to ResearchAndMarkets.com’s offering.
The aim of this study is to understand the emerging market and technology trends shaping the Indian commercial vehicle industry, estimate the outlook for 2020, and forecast the industry volumes till 2025 by assessing the impact of current and upcoming regulations and norms.
The Indian commercial vehicle market is experiencing changes due to heavy regulatory winds, changes in customer preferences, segment shifts, increasing adoption of technology, and digitalization. The government’s aspirational economic growth targets, a growing population, consumer commodity spending, infrastructure developments, overall manufacturing growth, and agricultural output will be reflected in the future performance of Indian commercial vehicles. India is facing major imminent shift of emission from BS-IV to BS-VI from April 2020.
BS-VI is an outflow standard that will bring truly necessary changes in the Indian vehicle industry in terms of toxin emanations. The upcoming BS-VI standard incorporates a wide rundown of innovation adjustments in the engine, the most noteworthy being making On-board Diagnostics (OBD) mandatory for all vehicles. The revised axle load regulation that was announced in July 2018 with immediate effect, increases the vehicle’s permissible operating GVW capacity by approximately 12% to 15%. This resulted in nationwide faster freight transportation.
Awareness of technology and realization of long-term Total Cost of Ownership (TCO) benefits drive the customer to invest in value-added features, moving away from the traditional price-based buying approach. Indian OEMs are heavily investing in Research and Development (R&D) for performance enhancement features to withstand tough competition from foreign OEMs.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Segmentation
3. Macro-Economic Factors Impacting CV Industry
4. Key Mega Trends Impacting the CV Industry
5. Indian CV Technology Overview – Technological Progress, Latest Trends, Stakeholder Impact
6. Legislative and Regulatory Scenario in the Indian CV Industry
7. Indian Trucks – Usage Practices and Major Applications
8. Indian Commercial Vehicle Market Structure, Performance and Market Share Analysis
9. Commercial Vehicle Market – Forecast and Trends
10. Emerging Start-ups and Their Business Models in the Indian Commercial Vehicle Landscape
11. Growth Opportunities and Companies to Action
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/5eq7p1
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Over 100 talented chefs from around the world harnessed the authentic flavours of Lee Kum…
TOKYO--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer,…
DUBLIN--(BUSINESS WIRE)--The "Hong Kong Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report…
SINGAPORE - Media OutReach Newswire - 24 May 2024 - AIRDROP2049 successfully concluded its maiden…
DUBLIN--(BUSINESS WIRE)--The "Taiwan Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has…
New variant comes with an increased vehicle warranty to 50,000 KM/ 18 months DAR ES…