Market Research Report : Luxury Car Market in India 2011

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The luxury car market is expected to witness strong growth with rising number of foreign players planning expansions in the market. Growing number of young entrepreneurs in India inclined to drive luxury cars is brining about healthy demand for such cars.

The report provides a brief overview of the automotive market in India, the production of passenger vehicles over years and the segmented share of the automobile market. It then elaborates on the Indian luxury car market, market size in units, luxury cars sale as a percentage of the total sales of cars and the various luxury car segments.

An analysis of drivers reveals that growth in high income households, luxury car manufacturers entering pre-owned/used car market, increasing investments in automotive sector and preferred choice of the young and affluent are helping the market grow. The key challenges identified are the affordability of luxury cars and that it pollutes the environment. The report discusses the current market trends as increase in the number of distributors across India, global companies eyeing India as manufacturing base and players diversifying offerings.

The report provides the profile and expansion plans of the players in the market. The report mentions the key developments in the sector.

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Market Research Report : Luxury Car Market in India 2011

  1. 1. Luxury Car Market – IndiaJanuary 2011
  2. 2. Executive Summary The luxury car market in India is growing at CAGR x% presently Luxury cars formed s% of the total sales of cars in 20-- Market Increasing availability of cars has helped in the expansion of the passenger vehicles market in India Drivers: Challenges: LE Growth in high income households Affordability Drivers &Challenges P Low interest rate of loans Increasing investments in automotive sector M Preferred choice of the young and affluent Polluting environment Trends SA Luxury car manufacturers entering pre-owned/used car market Increase in the number of distributors across India Global companies are eyeing India as manufacturing base Players diversifying offerings • Major players in the luxury car market are Company 1, Company 2 and Company 3 • Most of the players are planning pan-India expansion due its growing affluent classCompetition Major Players Company 1 Company 2 Company 3 Company 4 Company 5 Company 6 LUXURY CAR MARKET IN INDIA 2011.PPT 2
  3. 3. •Market Overview•Drivers & Challenges•Trends•Competition•Key Developments LUXURY CAR MARKET IN INDIA 2011.PPT 3
  4. 4. Expansion in the upper middle class segment has brought new buyers in the luxury car market Market Overview – India Market Size: (Units) Luxury Cars • The luxury car market in India has recorded strong growth in the last few years ‘000 E • Luxury car involves lavish expenditure, designed and 20 +f% made for a particular section of society D • Such cars typically have a carrying capacity of 6 C LE 10 passengers and the minimum cost is around INR a mn in the Indian market B M rich and rising number of young entrepreneurs P • Luxury cars have become the preferred choice of the 0 20-- 20-- 20--e 20--e Segments of Luxury Cars Segments Ultra Luxury Segment SA Price (INR mn) Above s Luxury Cars Sale Figures are for respective calendar years Luxury Cars H% High-end Luxury Segment f1-f2 Executive Segment r1-r2 Others G% Compact Executive Segment g1-g2 Premium Compact Segment h1-h2 2009Source: LUXURY CAR MARKET IN INDIA 2011.PPT 4
  5. 5. Drivers & Challenges – Summary Drivers Challenges Growth in high income households Affordability Low interest rate of loans Polluting environment Increasing investments in automotive sector Preferred choice of the young and affluent LUXURY CAR MARKET IN INDIA 2011.PPT 5
  6. 6. Trends – Summary Luxury car manufacturers Players diversifying offerings entering pre-owned/used car market Key Trends Global companies are eyeing Increase in the number of India as manufacturing base distributors across India LUXURY CAR MARKET IN INDIA 2011.PPT 6
  7. 7. Major Players in the Market (x/x) Company Snapshot: Company 1Corporate Information Recent Products Headquarters City A Model Price (INR mn) Model 1 a1-a2 Founded 20-- Model 2 b1-b2 Key People Mr. X Model 3 c1-c2 Business Highlights PLE M • Audi India has witnessed a two-fold increase in sales to d cars in Oct 20--, against h cars in Oct 20-- The company witnessed p % growth during Jan-Oct 20--, with sales of g units, against t units sold during Jan-Oct 20-- SA • Extended its dealership network in India with the opening of its new showroom in City B, plans to open at least two more dealerships before the end of 20--Source: LUXURY CAR MARKET IN INDIA 2011.PPT 7
  8. 8. Thank you for the attentionThe Luxury Car Market – India report is a part of Research on India’s Automobile IndustrySeries.For more detailed information or customized research requirements please contact:Gagan Uppal Gaurav KumarPhone: +91 22 4098 7530 Phone: +91 33 4064 6214E-Mail: gagan.uppal@netscribes.com E-Mail: gaurav.kumar@netscribes.comResearch on India is a product of Netscribes (India) Pvt. Ltd. Research on India is dedicated to disseminating information and providing quickinsights on “hot” industries in India and other emerging markets. Track our new releases and major updates in these industries onAbout NetscribesNetscribes is a knowledge-consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment &business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a truevalue proposition that draws upon a vast knowledge base. Netscribes is a one-stop shop designed to fulfil clients’ profitability and growthobjectives.Disclaimer: This report is published for general information only. Although high standards have been used the preparation, Research on India,Netscribes (India) Pvt. Ltd. or “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is thesole property of Netscribes (India) Pvt. Ltd. and prior permission is required for guidelines on reproduction. LUXURY CAR MARKET IN INDIA 2011.PPT 8

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