London, UK (PRWEB) March 20, 2013
In 2011, the Indian auto ancillary market was worth over INR 1,300 billion, showing a growth of nearly 20% annually over 2006-2011. Engine parts, transmission and steering parts form the largest market sectors, together accounting for 50% of the total market. The most prominent manufacturing units are located in Jamshedpur, Kolkata, Indore, Pune, Manesar and Chennai. The top participants of the auto ancillary market in India include Bosch India Pvt. Ltd, Bharat Forge Limited, Cummins India Limited, Sundaram Fasteners Limited and Sona Koyo Steering Gears Systems.
India exports approximately 17% of the domestic auto ancillary production volume. In 2011, the country’s exports were evaluated at above INR 225 billion, witnessing a growth of more than 31% y-o-y. Europe, Asia and North America are the key importers of the Indian auto ancillary components. The country’s imports of auto components were estimated at around INR 455 billion in 2010, experiencing a growth of nearly 32% annually over 2005-2010. Asia accounts for more than 52% of total Indian imports of auto components.
New market research report “Auto Ancillary Market in India 2013” worked out by Netscribes (India) Pvt. Ltd. has been recently published by Market Publishers Ltd.
Title: Auto Ancillary Market in India 2013
Published: March, 2013
Price: US$ 1,600.00
The report grants access to the relevant data on the Indian auto ancillary market. It also characterizes the present economic scenario in India, discloses its macro-economic indicators and covers the various government initiatives. The study describes the actual state and historic evolution of the market; examines the prevailing market trends; provides information on the market size and segments (including their respective value); highlights the employment opportunities and contribution to country’s GDP by the auto ancillary sector; identifies the growth factors for the market; and outlines the key opportunities and challenges of the market.
The research presents the production/consumption dynamics, export/import statistics, illustration of the complete value chain. It contains the Porter’s Five Forces Analysis and detailed review of the competitive landscape; examines the top strategic alliances and features profiles of major domestic/foreign market players. Moreover, the discussion of the future prospects for the market development and forecasted figures are at hand in the study.
Market segments covered in the report: engine parts, drive transmission and steering parts, body and chassis, suspension and braking parts, equipments, electrical parts and others.
Reasons to Buy:
More new market research reports by the publisher can be found at Netscribes page.