Despite short-term headwinds, 3W industry is expected to grow at a moderate volume CAGR of single digit figure over the next five years. The domestic 3W passenger segment will be benefitted from product up-gradation (2-stroke to 4-stroke, Petrol/Diesel to LPG/CNG) and opening of fresh permits by the state governments. Piaggio has also entered urban 3W space with the launch of their APE City model which run on cleaner fuel like LPG/CNG. The domestic 3W goods segment continues to benefit from its favorable operating economics despite stiff competition from 4W Small Commercial Vehicles (SCVs). Lastly, 3W exports are expected to remain robust due to rapid economic growth, rising disposable incomes, evolving travel & consumption patterns, improving road infrastructure, increasing demand for motorized transportation and inadequate public transport systems in target emerging markets like African, Latin American & South Asian countries. TVS has been making steady inroads in this segment with a exponential growth in the last financial year. Overall, the long-term sales growth is expected to be the highest in the exports segment, followed by that in the passenger carrier segment and the lowest in the goods carrier segment (due to intense competition from the SCV segment).
Apart from the domestic demand, India has also emerged as a major export hub for 3Ws with presence in some of the South Asian, African and Latin American markets that are replicating Indian 3W story with rising disposable incomes but inadequate public transport systems. Overall, the 3W industry has witnessed relatively healthy CAGR volume
growth driven by moderate domestic growth and robust exports growth. However, four-wheeled Small Commercial Vehicles (mainly Tata ACE in 2005-06) has altered the industry dynamics – especially for the cargo segment, considerably over the last few years. While high tonnage (0.75T and above) 3W cargo segment has already lost out to 4W SCVs that provide higher stability, safety, speed, space and style; SCVs are gaining popularity even in the lower tonnage (0.5T) Cargo and Passenger segments with introduction of some of the recently introduced smaller vehicles by CV OEMs. New segments & sub segments are emerging within SCVs with the success of Ashok Leyland Dost in the higher tonnage SCVs segment(Pickup trucks). While domestic 3W goods segment has degrown, SCVs have reported robust CAGR growth over the last few years. Besides, slowing economic growth, high inflation, increase in financing costs, rising fuel prices, absence of fresh permits by the state governments and overall high base has impacted domestic 3W passenger sales in FY13.
Commercial Vehicle industry in India has contributed significantly in the growth of national economy. Check out this presentation to know more about this industry and its future endeavours in India.
Despite short-term headwinds, 3W industry is expected to grow at a moderate volume CAGR of single digit figure over the next five years. The domestic 3W passenger segment will be benefitted from product up-gradation (2-stroke to 4-stroke, Petrol/Diesel to LPG/CNG) and opening of fresh permits by the state governments. Piaggio has also entered urban 3W space with the launch of their APE City model which run on cleaner fuel like LPG/CNG. The domestic 3W goods segment continues to benefit from its favorable operating economics despite stiff competition from 4W Small Commercial Vehicles (SCVs). Lastly, 3W exports are expected to remain robust due to rapid economic growth, rising disposable incomes, evolving travel & consumption patterns, improving road infrastructure, increasing demand for motorized transportation and inadequate public transport systems in target emerging markets like African, Latin American & South Asian countries. TVS has been making steady inroads in this segment with a exponential growth in the last financial year. Overall, the long-term sales growth is expected to be the highest in the exports segment, followed by that in the passenger carrier segment and the lowest in the goods carrier segment (due to intense competition from the SCV segment).
Apart from the domestic demand, India has also emerged as a major export hub for 3Ws with presence in some of the South Asian, African and Latin American markets that are replicating Indian 3W story with rising disposable incomes but inadequate public transport systems. Overall, the 3W industry has witnessed relatively healthy CAGR volume
growth driven by moderate domestic growth and robust exports growth. However, four-wheeled Small Commercial Vehicles (mainly Tata ACE in 2005-06) has altered the industry dynamics – especially for the cargo segment, considerably over the last few years. While high tonnage (0.75T and above) 3W cargo segment has already lost out to 4W SCVs that provide higher stability, safety, speed, space and style; SCVs are gaining popularity even in the lower tonnage (0.5T) Cargo and Passenger segments with introduction of some of the recently introduced smaller vehicles by CV OEMs. New segments & sub segments are emerging within SCVs with the success of Ashok Leyland Dost in the higher tonnage SCVs segment(Pickup trucks). While domestic 3W goods segment has degrown, SCVs have reported robust CAGR growth over the last few years. Besides, slowing economic growth, high inflation, increase in financing costs, rising fuel prices, absence of fresh permits by the state governments and overall high base has impacted domestic 3W passenger sales in FY13.
Commercial Vehicle industry in India has contributed significantly in the growth of national economy. Check out this presentation to know more about this industry and its future endeavours in India.
Indian commercial vehicle report october 2016atulchandel2010
Positive impact on Eicher, Ashok Leyland, and Tata Motors performance due to demand increased, New Model launch and actual purchase started by Transporters.
Some sluggish demand for freight movements also impact on CV Industry
Exact GST format on CVs of tax structure and its implementation time frame is still undisclosed
ACG expect CV sales to pick-up in Q3 FY 2017 and outlook for the M&HCV (Truck) segment at 6-8% for FY 2017
Due to fluctuation in fuel price, there is some minor impact on TCO of CV vehicle
A sneak peek at the Indian automobile sector. Key performance indicators, market share of various players and expected future growth.
Ideal for applicants applying for jobs in the said sector.
Indian commercial vehicle report october 2016atulchandel2010
Positive impact on Eicher, Ashok Leyland, and Tata Motors performance due to demand increased, New Model launch and actual purchase started by Transporters.
Some sluggish demand for freight movements also impact on CV Industry
Exact GST format on CVs of tax structure and its implementation time frame is still undisclosed
ACG expect CV sales to pick-up in Q3 FY 2017 and outlook for the M&HCV (Truck) segment at 6-8% for FY 2017
Due to fluctuation in fuel price, there is some minor impact on TCO of CV vehicle
A sneak peek at the Indian automobile sector. Key performance indicators, market share of various players and expected future growth.
Ideal for applicants applying for jobs in the said sector.
FE Indicus SPECIAL: MOTORCYCLE MARKET IN INDIA
A Monthly special feature on industry sectors/sub-sectors from Indicus Analytics
The passenger car segment is the glamorous part of the automobile sector. Its sibling, the motorcycle segment, is less talked about. However, in the context of India and other developing economies, it is this segment that has consistently been the prime mover of the auto sector and has set a scorching pace during the past two decades, which will take some beating. Apart from the high growth, the post-licensing era has seen motorcycles firmly displace scooters as the preferred mode of two-wheeler transportation.
More than 10 million two-wheelers were sold in India during 2009-10 and it continues to show double-digit growth rates. Whereas motorcycles as a segment have grown at a CAGR of 17.4% during the past 16 years, other two-wheelers have been virtually stagnant, growing at a meagre CAGR of 1.8%, clearly demonstrating the customers’ choice. Consequently, the share of motorcycles in the two-wheeler mart has risen from 30% to 80%. In 16 years, the annual sales of motorcycles have grown by a multiple of 13 – and the future promises to be as exciting as the immediate past. In future, we expect to see the volume growth persist, though the percentage growth is likely to decline slightly on the back of a substantially increased base.
Demand drivers
The demand is being driven by a variety of factors, which show no signs of abating. Given the poor public transport infrastructure, high levels of migration and purchasing power levels, motorcycles are the natural means of transportation for a very large segment of the population.
Further, as the scale of operations have grown, motorcycle manufacturing has become more efficient, driving down prices. Motor cycle prices today are only about 70-80% above the levels of 20 years ago in nominal terms. Incomes, on the other hand, have grown manifold – an entry level executive drew Rs 3,000 per month 20 years ago, whereas today he/she draws at least seven times more. Consequently, motorcycles can be purchased by paying less than two months' salary. In addition, financing is so much easier to avail today. Whereas, urban transport is expected to improve very significantly, the improvements will be limited to very few cities, and even in those cities, are unlikely to address all the needs in a short time span.
Demographic sweet spot
Motorcycle manufactures find themselves addressing the demographic sweet spot of the great Indian consuming universe and will be able to benefit for a long time to come. As soon as a slack develops in urban demand, the rural demand not only fills it very fast, but also fuels it further. And, the rural segment is still a few years away from a decent public transport infrastructure.
The key drivers of demand are the households earning Rs 3,00,000 to 5,00,000 per annum. As income rises on the back of rapid economic growth, many households are shifting upwards and upgrading to cars. However, such is the pyramid that an even higher number is moving into this category from lower income categories.
The motorcycle segment is addressing a key demographic sweet spot, which will fuel the demand for years to come.
As many as 11 million urban households and 4.4 million rural households have annual household incomes in the Rs 3-5 lakh category. The next category consists of 25 million urban and 23 million ruralhouseholds. At least a quarter of them (11-12 million) will move into the purchasing segment during the next five-ten. This is almost the same number as at present.
Penetration
The overall penetration of two-wheelers in India is of the order of 28% of the households. In the urban segment, the penetration is of the order of 45%, whereas in the rural segment, the penetration is only about 12% of the households. Clearly, the big drive in future will come from the rural segment.
Within the urban segment, of the five SEC segments, the pen
A study on positioning of tata ace zip in captive and semi captive segmentSaurabh Jaiswal
• Co-create ACE Zip:”from the customer, for the customer”.
• Acess were demand for the product existed.
• Awareness regarding the product.
• Gain consumer insight
Africa Two-Wheeler Market Forecast 2021 - brochureKen Mathews
According to www.techsciresearch.com report, “Africa Two-Wheeler Market By Vehicle Type, By Country, Competition Forecast & Opportunities, 2011 – 2021”, the two-wheeler market in Africa is projected to cross $9 billion by 2021.
Report URL :- https://www.techsciresearch.com/report/africa-two-wheeler-market-by-vehicle-type-motorcycle-vs-scooter-by-country-south-africa-nigeria-tanzania-kenya-algeria-uganda-egypt-morocco-angola-and-ethiopia-competition-forecast-opportunities-2011-2021/769.html
India premium motorcycles market forecast & opportunities, 2019TechSci Research
Growing demand from High Net Worth Individuals and setting up of new premium motorcycle assembling facilities is driving premium motorcycles market in India
Saudi Arabia Commercial Vehicles Market Forecast and Opportunities, 2019TechSci Research
Continuing growth in infrastructure, growing religious tourism and increasing government focus on non-oil sectors to drive commercial vehicles market in Saudi Arabia.
GENERATION OF PRIMARY BUSINESS PLAN: AN UPCOMING AUTOMOTIVE INDUSTRY IAEME Publication
Studying the recent advancements in Industrial Engineering stream, we have tried to examine the trend and behavior of an industry before it is actually commissioned and erected. A need of a detailed plan describing its whereabouts, its capacity, and behavior as well as expense in terms of
area, money and parameters like marketability, budget and need of human resource is felt. So, we have tried to develop a detailed business plan according to which the future of industry can be forecasted. We have incorporated various parameters used as a tool in industrial engineering.
Asia-Pacific countries have contributed to growth of the global automobile sector. Developing Asia Pacific region will contribute 62.2% of auto and auto components sector growth for the period 2015-19. The quantitative growth in this region is expected to reach 101mn units in 2017 at a CAGR of 5%. India is a significant contributor from this region with a potential to become the 4th largest automobile producer by 2020. Automobile sector contributes 7.1% to the Indian GDP and was more than 45% of manufacturing GDP in FY14. Karnataka is the 4th largest state in automotive production with output of USD 2.8 bn, contributing 8.5% to national sector output. The automotive industry provides employment to more than 55,000 workers in the state of Karnataka.
India Passenger Car Cabin Air Filter Market, Forecast and Opportunities, 2027...TechSci Research
India passenger car cabin air filter market stood at USD101.45 million in FY2021 and is expected to register growth with a CAGR of approximately 11.69%. http://bit.ly/3MEeQJ5
Saudi Arabia Spare Parts Market, Forecast and Opportunities, 2027.pdfTechSci Research
Saudi Arabia spare parts market generated a value of USD 4,732.85 million in the year 2021 and the market is expected to grow at a CAGR of 6.24% during the forecast. http://bit.ly/3ZO3ZTq
Global Offshore Wind Turbine Market, Forecast and Opportunities, 2027.pdfTechSci Research
Global offshore wind turbine market was valued at USD28.20 billion in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 13.75% due to high investment and development in the power industry. http://bit.ly/3Wq4TCN
Middle East Facility Management Market was valued at USD 64.27 billion in 2022 and is anticipated to project robust growth during the forecast period, registering a CAGR of 8.13% through 2027. http://bit.ly/3IZ64G4
Final Report_Malaysia Elevators and Escalators Market, 2017-2027F.pptxTechSci Research
Malaysia Elevators & Escalators Market was valued at USD 544.84 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 5.03% owing to the rapid rise in urbanization and increase in infrastructure, making way for the elevators & escalators market. https://www.techsciresearch.com/report/malaysia-elevator-and-escalator-market/7209.html
Global Industrial Valves Market was valued at USD 68,702.45 million in 2022 and is anticipated to grow with a CAGR of 4.96% through 2028. The flow of liquids, gases, and slurries can be managed with the help of industrial valves. http://bit.ly/3XlIUOu
Turkey Medical Tourism market stood at USD1497.07 million in 2021 and is expected to grow at steady rate of 12.23% during the forecast period.
https://www.techsciresearch.com/report/turkey-medical-tourism-market/9418.html
Saudi Arabia Automotive Lead Acid Battery Market Forecast and Opportunities 2...TechSci Research
Saudi Arabia automotive lead acid battery market registered around USD280.80 million in 2021 and is estimated to reach USD437.94 million in 2027, advancing with a CAGR of 8.09%. Rapidly increasing fleet of four-wheelers and escalating fleet size across the country to drive the Saudi Arabia automotive lead acid battery market in the upcoming years.
https://www.techsciresearch.com/report/saudi-arabia-automotive-lead-acid-battery-market/12848.html
The India facility management market stood at USD46.27 billion in 2022 and is forecast to grow at a CAGR of 14.84% by 2028. https://www.techsciresearch.com/report/india-facility-management-market/1383.html
Interview With Dr Karthik Anantharaman From Apollo Hospitals on India E Pharm...TechSci Research
Dr Karthik, Vice President International- Apollo Hospitals, tells TechSci Research that the emergence of new e-pharmacies is good for the industry because even as we speak today, e pharmacy is different, 3% of the total pharmacy market and it's quite similar across the world. Even in the other markets the US or in Western Europe, E pharmacies are among the fastest growing, but still from an overall representation from our value and a top line perspective are still about 3% of the total market or less than 3% of the total market in terms of value. Click : https://www.techsciresearch.com/blog/interview-with-dr-karthik-anantharaman-from-apollo-hospitals-on-india-e-pharmacy-market/1322.html
Indonesia Elevator Market was valued at USD647.96 million in 2021 and is anticipated to project a robust growth in the forecast period with a CAGR of 5.78%. http://bit.ly/3hnPl3A
Global Offshore Oil and Gas Rigs Market Forecast 2027TechSci Research
The Global Offshore Oil & Gas Rig Market valued at USD14735.78 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 5.69% owing to blooming demand for oil and gas, oilfield facilities etc. https://bit.ly/3wdPJGg
India Water Heater Market, Forecast and Opportunities, 2028_Report.pptxTechSci Research
India water heater market is expected to reach USD422.78 million by 2028, growing at a CAGR of 7.16% during the forecast period. The India water heater market is mainly driven by increasing demand from the residential sector, growing per capita income, rising GDP, the increase in sales through online channels, etc. https://bit.ly/3DtyMMM
Global Offshore Oil and Gas Rigs Market, Forecast 2027TechSci Research
The Global Offshore Oil & Gas Rig Market valued at USD14735.78 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 5.69% owing to blooming demand for oil and gas, oilfield facilities etc.https://bit.ly/3wdPJGg
Saudi Arabia Automotive Aftermarket, Forecast and Opportunities, 2027_Report.pdfTechSci Research
Saudi Arabia Automotive Aftermarket registered market value of USD6,490.35 million in 2021 and is estimated to reach USD9446.95 million in 2027, advancing with a CAGR of 6.43%. https://bit.ly/3RYgx6O
Saudi Arabia Electric Vehicle Charging Infrastructure Market 2027.pdfTechSci Research
Saudi Arabia electric vehicle charging infrastructure market is anticipated to register a robust CAGR during the forecast period, 2023-2027. Increasing sales of electric vehicles and favorable government initiatives are the primary factors driving the growth of Saudi Arabia electric vehicle charging infrastructure market.
Middle East and Africa Electric Three-Wheeler Market, 2027.pdfTechSci Research
Middle East and Africa Electric three-wheeler market stood at USD15,748.91 thousand in 2021 and is forecast to grow at a CAGR of 14.38% to reach USD50,808.07 thousand by 2030. https://bit.ly/3wM0Gyk
What Exactly Is The Common Rail Direct Injection System & How Does It WorkMotor Cars International
Learn about Common Rail Direct Injection (CRDi) - the revolutionary technology that has made diesel engines more efficient. Explore its workings, advantages like enhanced fuel efficiency and increased power output, along with drawbacks such as complexity and higher initial cost. Compare CRDi with traditional diesel engines and discover why it's the preferred choice for modern engines.
Things to remember while upgrading the brakes of your carjennifermiller8137
Upgrading the brakes of your car? Keep these things in mind before doing so. Additionally, start using an OBD 2 GPS tracker so that you never miss a vehicle maintenance appointment. On top of this, a car GPS tracker will also let you master good driving habits that will let you increase the operational life of your car’s brakes.
5 Warning Signs Your BMW's Intelligent Battery Sensor Needs AttentionBertini's German Motors
IBS monitors and manages your BMW’s battery performance. If it malfunctions, you will have to deal with an array of electrical issues in your vehicle. Recognize warning signs like dimming headlights, frequent battery replacements, and electrical malfunctions to address potential IBS issues promptly.
In this presentation, we have discussed a very important feature of BMW X5 cars… the Comfort Access. Things that can significantly limit its functionality. And things that you can try to restore the functionality of such a convenient feature of your vehicle.
Symptoms like intermittent starting and key recognition errors signal potential problems with your Mercedes’ EIS. Use diagnostic steps like error code checks and spare key tests. Professional diagnosis and solutions like EIS replacement ensure safe driving. Consult a qualified technician for accurate diagnosis and repair.
"Trans Failsafe Prog" on your BMW X5 indicates potential transmission issues requiring immediate action. This safety feature activates in response to abnormalities like low fluid levels, leaks, faulty sensors, electrical or mechanical failures, and overheating.
𝘼𝙣𝙩𝙞𝙦𝙪𝙚 𝙋𝙡𝙖𝙨𝙩𝙞𝙘 𝙏𝙧𝙖𝙙𝙚𝙧𝙨 𝙞𝙨 𝙫𝙚𝙧𝙮 𝙛𝙖𝙢𝙤𝙪𝙨 𝙛𝙤𝙧 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 𝙩𝙝𝙚𝙞𝙧 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨. 𝙒𝙚 𝙝𝙖𝙫𝙚 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙥𝙡𝙖𝙨𝙩𝙞𝙘 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙪𝙨𝙚𝙙 𝙞𝙣 𝙖𝙪𝙩𝙤𝙢𝙤𝙩𝙞𝙫𝙚 𝙖𝙣𝙙 𝙖𝙪𝙩𝙤 𝙥𝙖𝙧𝙩𝙨 𝙖𝙣𝙙 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙛𝙖𝙢𝙤𝙪𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙗𝙪𝙮 𝙩𝙝𝙚 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙛𝙧𝙤𝙢 𝙪𝙨.
Over the 10 years, we have gained a strong foothold in the market due to our range's high quality, competitive prices, and time-lined delivery schedules.
What Does the Active Steering Malfunction Warning Mean for Your BMWTanner Motors
Discover the reasons why your BMW’s Active Steering malfunction warning might come on. From electrical glitches to mechanical failures and software anomalies, addressing these promptly with professional inspection and maintenance ensures continued safety and performance on the road, maintaining the integrity of your driving experience.
Core technology of Hyundai Motor Group's EV platform 'E-GMP'Hyundai Motor Group
What’s the force behind Hyundai Motor Group's EV performance and quality?
Maximized driving performance and quick charging time through high-density battery pack and fast charging technology and applicable to various vehicle types!
Discover more about Hyundai Motor Group’s EV platform ‘E-GMP’!
Why Is Your BMW X3 Hood Not Responding To Release CommandsDart Auto
Experiencing difficulty opening your BMW X3's hood? This guide explores potential issues like mechanical obstruction, hood release mechanism failure, electrical problems, and emergency release malfunctions. Troubleshooting tips include basic checks, clearing obstructions, applying pressure, and using the emergency release.
What Does the PARKTRONIC Inoperative, See Owner's Manual Message Mean for You...Autohaus Service and Sales
Learn what "PARKTRONIC Inoperative, See Owner's Manual" means for your Mercedes-Benz. This message indicates a malfunction in the parking assistance system, potentially due to sensor issues or electrical faults. Prompt attention is crucial to ensure safety and functionality. Follow steps outlined for diagnosis and repair in the owner's manual.
Comprehensive program for Agricultural Finance, the Automotive Sector, and Empowerment . We will define the full scope and provide a detailed two-week plan for identifying strategic partners in each area within Limpopo, including target areas.:
1. Agricultural : Supporting Primary and Secondary Agriculture
• Scope: Provide support solutions to enhance agricultural productivity and sustainability.
• Target Areas: Polokwane, Tzaneen, Thohoyandou, Makhado, and Giyani.
2. Automotive Sector: Partnerships with Mechanics and Panel Beater Shops
• Scope: Develop collaborations with automotive service providers to improve service quality and business operations.
• Target Areas: Polokwane, Lephalale, Mokopane, Phalaborwa, and Bela-Bela.
3. Empowerment : Focusing on Women Empowerment
• Scope: Provide business support support and training to women-owned businesses, promoting economic inclusion.
• Target Areas: Polokwane, Thohoyandou, Musina, Burgersfort, and Louis Trichardt.
We will also prioritize Industrial Economic Zone areas and their priorities.
Sign up on https://profilesmes.online/welcome/
To be eligible:
1. You must have a registered business and operate in Limpopo
2. Generate revenue
3. Sectors : Agriculture ( primary and secondary) and Automative
Women and Youth are encouraged to apply even if you don't fall in those sectors.