According to www.techsciresearch.com latest market research report, India passenger car market is projected to reach $ 64.3 billion by 2022, on the back of growing disposable income, rising urban population, launch of several low-cost car models, etc. Report URL- https://www.techsciresearch.com/report/india-passenger-car-market/1550.html

1. India Passenger Car Market By Vehicle Type,
By Segment Type, By Fuel Type, By Engine
Capacity, Competition Forecast &
Opportunities, 2012 – 2022

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Ta b l e o f C o n t e n t s
S. No. Contents
1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customer
5. India Passenger Car Market Outlook
5.1. India Passenger Car Production
5.2. India Passenger Car Market, Top 20 Selling Cars
5.3. Market Size & Forecast
5.3.1. By Value & Volume
5.4. Market Share & Forecast
5.4.1. By Vehicle Type (Hatchback, Sedan, SUV, & MUV)
5.4.2. By Segment Type (Mini, Compact, Micro, C1, C2, D, E, & F)
5.4.3. By Fuel Type (Petrol, Diesel & CNG)
5.4.4. By Engine Capacity (<1000cc, <1000-1500cc, <1500-2000cc, & >2000cc)
5.4.4. By Company
5.4.5. By Region
6. India Hatchback Car Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Segment Type (Compact, Mini, D, Micro, & C1)
6.2.2. By Fuel Type (Petrol, Diesel & CNG)
6.2.3. By Engine Capacity (<1000cc, <1000-1500cc, <1500-2000cc, & >2000cc)

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6.2.4. By Company
6.2.5. By Top Five Selling Models, By Variant
7. India Sedan Car Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Segment Type (Compact, C1, C2, D & F)
7.2.2. By Fuel Type (Petrol, Diesel & CNG)
7.2.3. By Engine Capacity (<1000-1500cc, <1500-2000cc, & >2000cc)
7.2.4. By Company
7.2.5. By Top Five Selling Models, By Variant
8. India MUV Car Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Segment Type (Compact, Mini, C1, C2, D & F)
8.2.2. By Fuel Type (Petrol, Diesel & CNG)
8.2.3. By Engine Capacity (<1000cc, <1000-1500cc, <1500-2000cc, & >2000cc)
8.2.4. By Company
8.2.5. By Top Five Selling Models, By Variant
9. India SUV Car Market Outlook
9.1. Market Size & Forecast

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Ta b l e o f C o n t e n t s
S. No. Contents
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Segment Type (Compact, C1, C2, D & E)
9.2.2. By Fuel Type (Petrol Vs. Diesel)
9.2.3. By Engine Capacity (<1000-1500cc, <1500-2000cc, & >2000cc)
9.2.4. By Company
9.2.5. By Top Five Selling Models, By Variant
10. Import-Export Analysis
10.1. Import Tariff
10.2. India Passenger Car Imports
10.3. India Passenger Car Exports
11. Supply Chain Analysis
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Policy & Regulatory Landscape
15. India Economic Profile
16. Competitive Landscape
16.1. Maruti Suzuki India Limited
16.2. Hyundai Motor India Limited
16.3. Honda Cars India Ltd.
16.4. Mahindra & Mahindra Ltd

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16.5. Tata Motors Limited
16.6. Toyota Kirloskar Motor Pvt Ltd.
16.7. Volkswagen India Private Limited
16.8. Ford India Private Limited
16.9. Nissan Motor India Private Limited
16.10. Skoda Auto India Private Limited
17. Strategic Recommendations
18. About Us & Disclaimer

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P r o d u c t O v e r v i e w
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As per the Organisation Internationale des Constructeurs d'Automobiles (OICA), “A
passenger car is a motor vehicle with at least four wheels, used for the transport of passengers,
and comprising no more than eight seats in addition to the driver's seat”
Product Classification
Product Definition
© TechSci Research
Passenger Car Vehicle Segment Engine Capacity (cc) Fuel Type Class (Length)
Hatchback <1000, 1000-1500, >1500-2000, >2000
• Petrol
• Diesel
• CNG
• Compact (3600-4000mm)
• Mini (3200-3600mm)
• Micro (<3200mm)
• C1 (4000-4250mm)
• D (4500-4700mm)
Sedan
<1000, 1000-1500, >1500-2000, >2000
• Petrol
• Diesel
• CNG
• C1 (4000-4250mm)
• C2 (4250-4700mm)
• D (4500-4700mm)
• F (>5000 mm)
• Compact (3600-4000mm)
MUV
1000-1500, >1500-2000, >2000
• Petrol
• Diesel
• CNG
• C1 (4000-4250mm)
• C2 (4250-4700mm)
• D (4500-4700mm)
• E (4700-5000mm)
• Mini (3200-3600mm)
• Compact (3600-4000mm)
SUV 1000-1500, >1500-2000, >2000
• Petrol
• Diesel
• C1 (4000-4250mm)
• C2 (4250-4700mm)
• D (4500-4700mm)
• E (4700-5000mm)
• Compact (3600-4000mm)

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R e s e a r c h M e t h o d o l o g y
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A
C
B
Primary
Research
Company
Analysis
Desk
Research
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
 Market Participants
 Key Strengths
 Commercial Vehicle
Portfolio
 Recent
Developments
 Market
Changing
Aspects/Dynam
ics
 Government
Policies
 Final
Conclusion
 LinkedIn
 TechSci Internal
database
 Factiva
 Hoovers
Paid Sources
 Company Website
 Company Annual
Reports
 White Paper Study
 Financial Reports
 Investor
Presentations
 Regulatory Body,
 Associations, etc.
Secondary
Research
Primary
Research
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
•In-depth secondary research was conducted to
determine top players in the India passenger car
market, overall market size and segmental
market size.
Market Profiling
•In order to conduct interviews with industry
experts, TechSci Research formulated a detailed
questionnaire.
Formulating Questionnaire
•List of industry players, distributors, and
industry specialists was developed.
Developing List of Respondents
•TechSci Research conducted interviews with
industry experts, industry players, for data
collection and verification.
Data Collection
•Data obtained as a result of primary and
secondary research was validated through
rigorous triangulation.
Data Validation
•The data was scrutinized using MS-Excel and
statistical tools such as Time Series Analysis,
etc., to obtain qualitative and quantitative
insights about the India passenger car market.
Data Analysis

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R e s e a r c h M e t h o d o l o g y
8
Secondary Research:
We have also put through an exhaustive search of credible paid databases such as Factiva, Hoovers, etc., in
addition to our internal database. Further analyses of credible publications, white papers, company’s annual
reports, investor presentations, news articles, etc., were also analyzed to cross validate the end findings derived
from primary research.
Forecasting Technique:
The forecast is based on econometric and judgemental analysis in addition to statistical techniques such as
averaging and geometric mean. During primary research interview, questions regarding historical sales trend of
passenger car market were put forward. Respondents were asked about the current and future growth rates,
market share by passenger car type in India. In order to forecast passenger car market, following forecast
techniques were used:
• Time Series Analysis
• Econometric and Judgmental Analysis
• Moving Average
S. No. Few of the Secondary Sources
1. Organisation Internationale des Constructeurs d’Automobiles (OICA)
2. Ministry of Commerce, India
3 Society of Indian Automobile Manufacturers
4. World Bank
5. International Monetary Fund (IMF)
© TechSci Research

9. I n d u s t r y B r i e f
Passenger Car Market in India to Cross $ 64 Billion by 2022
According to TechSci Research report, “India Passenger Car Market By Vehicle Type, By Segment Type, By
Fuel Type, By Engine Capacity, Competition Forecast & Opportunities, 2012 – 2022”, passenger car market
in India is forecast to surpass $ 64 billion by 2022. Growth can be attributed to increasing Foreign Direct
Investment in the automotive sector, growing number of low-priced car models, improving road
infrastructure, and surging penetration of CNG cars in the country. Anticipated foray of international
brands such as Kia, SAIC and Daihatsu, increasing disposable income, and growing presence of mobility
providers and self-driving companies are some of the other factors anticipated to boost demand for
passenger cars in India through 2022.
In the coming years, sports utility vehicles (SUV) segment is expected to emerge as the fastest growing
vehicle type segment in India passenger car market, backed by rising youth population, growing demand
for compact SUVs, and increasing demand for vehicles with off-roading and greater carrying capacity. Over
the last few years, several leading automobile manufacturers have already launched their compact SUVs,
such as Renault Duster, Ford Ecosport, Maruti Suzuki Scross and Maruti Suzuki Vitara Brezza in India. During
the forecast period, northern region is likely to dominate the market as it has high population density,
better infrastructure and comparatively higher standard of living.
“Make in India and Smart Cities Mission are expected to boost passenger car ownership in the country over
the next 5-10 years. Moreover, growing government focus towards CNG and electric vehicles and quick
adoption of advanced technologies by automobile manufacturers is expected to fuel India passenger car
market through 2022.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
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10. Figure 61: India Passenger Car Production, By Volume (Thousand
Units), FY12- FY17
Figure 62: India Passenger Car Market Size, By Value
(USD Billion), By Volume (Thousand Units), 2012-2022F
2,6002,7002,8002,9003,000 3,1003,2003,3003,400
3,500
3,600
CAGR 2012-2016
By Value: X%
By Volume: X%
CAGR 2017E-
2022F
By Value: X%
By Volume: X%
Segmental
Shares
(2016)
Hatchback (X%)
Sedan (X%)
MUVs (X%)
SUVs (X%)
X Thousand Units
India Passenger Car
Market (2016)
Figure 74: India Hatchback Car Market Share, By
Top Selling Models, By Volume, By Variant, 2016
10.00%
20.00%
30.00%
40.00%
i20 Elite (121989)
Asta Sportz Magna Era
Figure 65: India Passenger Car Market Share, By Fuel Type, By Volume, 2012-
2022F
20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%
30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
2012 2013 2014 2015 2016 2017E 2018F 2019F 2020F 2021F 2022F
Petrol Diesel CNG
3000.00 3100.00 3200.00 3300.00 3400.00 3500.00
FY12 FY13 FY14 FY15 FY16 FY17
CAGR(FY2012-2017) – X%
S a m p l e D a t a - S n a p s h o t
Source: XXXXX
Note: These are dummy
figures; please purchase
our report for actual data
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29 30 31 32 33 34 35 36 37 38 39
2012 2013 2014 2015 2016 2017E2018F2019F2020F2021F2022F
Value (USD Billion) Volume (Thousand Units)

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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that
it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources
including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any
information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it
has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change
without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of
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