#Three-Wheeler Market Share
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market-insights-report · 2 years ago
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The India electric three-wheeler market size reached US$ 890 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,156 Million by 2028, exhibiting a growth rate (CAGR) of 15.8% during 2023-2028.
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t1oui · 1 year ago
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what's up tumblr (yet another blog intro)
hi everyone, i'm tas, and i post a lot of hp stuff
intersex terms masterlist | clicks | vetted fundraiser masterlist | info about project 2025 | more vetted fundraisers | vetted fundraiser spreadsheet
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hi everybody, you can call me tas or tloui and my pronouns are he/it. i'm aroace and a trans guy and would prefer not to share my age on here
i mostly post about harry potter on here (for next gen, marauders era, and lightning era), but here are other things i might post for sometimes:
percy jackson & other riordianverse books
red, white & royal blue and i kissed shara wheeler (and inevitably one last stop when i finally read it)
hermitcraft/life series stuff (shout out to people who got the reference in my bio)
other random reblogs/posts
you can find my ao3 here!
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featured tags:
hp, hp fandom, & harry potter fandom: every harry potter-centered post i make (across all eras) will go under at least one of these tags, but usually all three.
pjo hoo toa: this is the tag that i put all riordianverse-centered posts under
here's a masterpost of all my wip tags (criminal au, criminal au 2, muggle hs au, small town au, farmers market au)
harry x cedric x cho & cherry: posts about, you guessed it, the polyam ship between harry, cedric, and cho. i talk about them semi-frequently bc i love them <3
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anyways, ty all for reading :) if i think of anything else to add on here i will, but right now i think this is good.
bye
p.s.: here’s a guide to writing alt text (not mine) for anyone who needs it.
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unfriendlyamazon · 9 months ago
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dueling dragons chapter 2 (wip)
i promise i haven't forgotten about this!! i think i need to spend an hour just plotting things out, but i'm still in the honeymoon phase of a new relationship... i think i finally have an intro i don't hate, so i'm sharing it here as a little bonus content for my fellow kaijou followers!
It had been a hell of a day at Kaiba Corp, and for Yuuto Tanaka, personal assistant to Seto Kaiba himself, he knew hell.
The man was on a rampage today. His first three calls in the morning, he’d chewed out the other executives and given his ultimatums for how they would interact with Kaiba Corp. Inevitably, it would mean sending out the other teams to do damage control and ensure their partners that not every interaction would be like this. It was an outright lie, but egos had to be soothed. For lunch, Tanaka delivered Kaiba’s protein shake as he smashed away on his keyboard, rewriting lines of code he was sure their development team had screwed up. Statistics were delivered, presentations scheduled, and then it was 2:00. Tanaka had been dreading this meeting most of all.
Tanaka hadn’t been around for the Battle City days. He’d only known of Duel Monsters and Kaiba Corp in passing, and from the few international incidents they’d caused, but on moving to Domino City and entering the working world, it’d become unavoidable. He’d known Seto Kaiba and Yugi Muto were the titans of Duel Monsters, their statues holding the foundation for what the game would become, and then there was Joey Wheeler. He’d retained a sort of underdog status thanks to his play style, and his wins were never guarantees. Tanaka only really knew, when he sat behind Seto Kaiba at dueling tournaments, that his boss would regard the field with disdain, and his commentary would get more animated with each card Joey Wheeler played. The two hated each other, that much was clear. What wasn’t clear was exactly why.
When marketing had presented their proposal, Tanaka had figured it would go down in flames. But Isono had worked his magic, and now Tanaka trailed behind Kaiba towards the conference room, where they were greeted by bright eyes, a big smile, and a mess of blond hair.
“Afternoon, Kaiba,” Mai Valentine said. “I was worried you weren’t going to make it.”
The woman sat casually on the end of the conference table. A purple dress hugged her hourglass figure, and a cropped blazer rested on her shoulders. Kaiba stopped in his tracks on seeing her. Sitting in a chair behind her was Joey Wheeler, a smile on his face. He was dressed casually, but with a button up shirt and a brush taken to his hair to suggest professionalism.
Kaiba’s brows twisted up. “What are you doing here?”
“So polite,” she said with a smirk and stuck out her hand. “I’m here as representative for Mr. Joey Wheeler. I’m his agent.”
Kaiba did not take her hand. He remained standing as Tanaka retrieved a chair, unlocking his tablet to take notes. Two lawyers sat at the other end of the table, and Miss Nakamura sat up in her chair, hands folded over the welcome packet reserved for new duelists. Tanaka gave her a smile, and she nodded back.
“Fine,” Kaiba said. “We can begin.”
“Oh, no, we can’t.” Mai picked up the contract that had been forwarded to her, and it was clear she’d marked it with red pen. “When Joey informed me of the nature of your proposal, I took a second look at this. I know Kaiba Corp is used to having total control over their duelists, but you’ve made it clear this isn’t another sponsorship deal. Miss Nakamura was kind enough to show me the drafts.”
Junko’s smile faltered. The lawyers looked at her unhappily.
“You’re definitely not paying my boy enough,” Mai continued. “We’re talking image rights, voice work, and brand protection. My client requires further compensation.”
“This isn’t a negotiation,” Kaiba growled.
“Relax, Kaiba.” She slapped it down. “I’ve only got the one counteroffer. 10% increase across the board. Unless your product is a flop, which is frankly unlikely, that should set up Mr. Wheeler with a nice little nest egg for future endeavors.”
One of the lawyers laughed. “Ten percent is well above what our duelists are signed on for.”
Tanaka’s eyes flitted to Kaiba. He was cold as ice, his face a blank sheet. Normally, counteroffers were laughed at, and Kaiba became a storm his opponents had to weather. But his shoulders had a weariness to them, a desire to see this done.
“Two percent,” he said.
Mai laughed. “You are lowballing me! Eight.”
“Five.”
“Done.” She snatched his hand, giving a firm shake. Kaiba immediately withdrew, and she laughed, sitting down beside her client. “You all heard him. Let’s get this paperwork signed.”
“Not quite,” Kaiba said. A telltale smirk crossed his face. “Before we sign our duelists, we have to ensure they won’t embarrass us on the field. Of course, we check the tournament standings–”
“Top three international duelist,” Wheeler said, leaning back in his seat. “Don’t tell me that doesn’t pass your little test.”
“--but the most important thing is how they stand in a fight. Miss Valentine, if you would like to continue with our lawyers as his representatives, I will take the deadbeat to our training station.”
“You got a lot of nerve–” Wheeler jumped up in his chair, and Mai’s hand flew out to pull him back down.
“Of course, Kaiba,” she said, smiling sweetly at the room. “I know Joey won’t disappoint you.”
Kaiba’s warped smile said otherwise. Tanaka didn’t look away as he typed away at his notes. Junko caught his eye from across the room, worry slapped across her face. He could only offer an unsure smile. As far as Kaiba was involved, nothing ever went smoothly.
“Let’s go then,” Kaiba said. “The sooner we get this over with, the sooner I can kick you out.”
Wheeler ground his teeth down, and Mai pinched his cheek in a mock motherly affection.
“Play nice, boys,” she called, waving after them. Tanaka, as always, followed one step behind. It was his job, of course, but he had to admit, it was exciting not knowing what would happen next.
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tatatechnologies · 2 years ago
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Celebrating India’s EV Journey
Today is World EV Day. The day is observed every year with special awareness campaigns being organized globally to educate people about the benefits of electric vehicles.
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While China is the world’s largest EV market, India is the second largest and most promising. Driven by incentives by the Centre and the states, the adoption of EVs is gaining momentum. India’s EV sector is attracting increasing investments in battery technology, charging infrastructure and product options. Some of the biggest brands in the EV space include Tata Nexon in cars, the Mahindra Treo in three-wheelers and Hero Electric and Ola in scooters. In addition, there are a whole lot of startups that are working on various aspects of the EV eco-system.
In this article, Autocar Professional takes you through India’s EV landscape with leaders in the segment commenting on sustainable mobility and a zero-emission future.
Meanwhile, a recent study by Castrol study has highlighted key insights on EV readiness for markets, carmakers, and consumers. Its global survey ‘Switching ON the rEVolution’ covering 10,000 consumers and 100 leaders from car manufacturers in 10 key global markets, including India suggests that 44 percent of consumers surveyed in India are considering an EV for their next vehicle purchase while 55 percent are still considering an ICE vehicle.
Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility
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World EV Day is indeed a special day for us, as we look back and reflect on our journey so far. We are proud to lead the EV market in India, with a lion’s share of 88 percent. As early entrants, we have shaped the market and seen it grow with Nexon EV and Tigor EV. We have over 40,000 Tata EVs plying on road. We have also established Tata UniEVerse, a one of its kind EV ecosystem, which is further propelling the EV adoption.
Santosh Iyer, VP-Sales & Marketing, Mercedes-Benz India
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Mercedes-Benz Indian has a very aggressive EV roadmap for the Indian market with three new luxury EVs. We pioneered luxury EVs in India with the EQC in 2020, which received good response from the early adopters in the luxury segment. EQC’s acceptability and market success set the ground for other brands to foray into the luxury EV segment.
Suman Mishra, Mahindra Electric Mobility
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We celebrate India’s electrification journey. At Mahindra Last Mile Mobility, we are committed to promoting sustainable motoring with zero emission products. I am confident that with our collective efforts, we can enable a green and smarter tomorrow for India.
Warren Harris, CEO, Tata Technologies
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Tata Technologies’ vision of Engineering a better world embodies our commitment to providing sustainable solutions especially in the rapidly growing Electric Vehicle Market. The transition to EV is also an opportunity and would also be synonymous with a move to connected vehicles enabled by ADAS and digital customer experience solutions. Tata Technologies offers end-to-end solutions for engineering, manufacturing support, and customer experience solutions for EVs globally. We have developed an elaborate EV ecosystem through alliances and partnerships across the world, including an alliance with MIH Consortium which enables us to leverage the EV ecosystem to deliver best value for our Customers.
Nagesh Basavanhalli, Executive Vice Chairman, Greaves Cotton
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Greaves Electric Mobility owned Ampere is one of the fastest growing electric two-wheeler brands in the Country while the company also operates/owns the rapidly growing e-rickshaw brand Ele (Bestway) and the Teja (MLR Auto) range of L5 category three wheelers. Together the portfolio offers a strong value proposition to electrifying the way people and goods move across our country.
Mahesh Babu, CEO, Switch Mobility India, COO, Switch Mobility
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To meet India’s global commitment to become Net Zero by 2070, we need to prioritize not just public transport, but public transport with zero tailpipe emissions. Electric buses are clearly the best and obvious solution to accelerate decarbonisation with increasing mass mobility. It is this imperative that guides us at Switch Mobility — to help India attain its ambitious Net Zero target by offering the society with smart, clean mass mobility solutions that are also technologically advanced, safe and comfortable for passengers. Our vision is to transform mass mobility across cities and highways, and bring about a clean revolution in the way people travel. I take the opportunity on World EV Day 2022 to invite partners and people who share the same vision to jointly achieve this critical transition.
Balbir Singh Dhillon, Head of Audi
We have installed 100+ chargers pan-India and 16 high-speed 50kW chargers across our dealerships located across strategic highways within the country. In line with our global plans to be all-electric by 2033, we are aiming to achieve about 15 percent of our India sales from EVs by 2025–2026. It’s time we start to care for the climate. I think the sooner we realise we are responsible for it, the better it is for all.
Read More: https://www.tatatechnologies.com/en/media-center/celebrating-indias-ev-journey/
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Electric Mobility Market: Growing at a CAGR of 29.90% From 2024–2032
Electric Mobility Market Size Was Valued at USD 435.16 Billion in 2023, and is Projected to Reach USD 4582.80 Billion by 2032, Growing at a CAGR of 29.90% From 2024-2032.
Electric mobility has steadily become popular in the market over the past years due to the favorable polices, Advanced technology, and pro – environment efforts.. Cars, buses, motorcycles and scooters, batteries, charging points and many others forms part of this relatively new and rapidly growing sector. Some of the big names of auto manufacturers, tech giants and a couple of emerging players are among those who are seeking to capture a share of this fast growing market.
The use of vehicles such as cars, e-bikes, buses, trucks, and motorcycles to provide transportation is referred to as electric mobility. This kind of mobility offers a solution for both short travels and light loads as well as for lengthy trips and big loads. People's quality of life is enhanced by electric mobility because it doesn't release harmful gases. Because they don't have internal combustion engines, electrical vehicles reduce greenhouse gas emissions by tons, thereby assisting in the fight against global warming. Due to the release of hazardous gases, the majority of people worldwide are more conscious of climate change. They favor electric automobiles over gasoline-powered vehicles as a result. Sales of electric vehicles are expanding quickly as a result of rising automotive electrification and an evolving electrical car economy.
What are the segments of the Electric Mobility Market?
The Electric Mobility Market is segmented into By Product, By Drive, By Battery, By End-user and region. By Product, the market is categorized into Electric Bikes,Electric Scooters, Electric Motorized Scooters and Electric Motorcycles. By Drive, the market is categorized into Belt Drive, Chain Drive and Hub Drive. By Battery, the market is categorized into Lead Acid Battery, Li-Ion Battery and Others. By End-user, the market is categorized into Personal and Commercial. 
Acquire PDF Sample Report + All Related thorough TOC, Graphs, and Tables of Global Electric Mobility Market Now: https://introspectivemarketresearch.com/request/16357
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Who are the key players in the Electric Mobility Market?
BMW Motorrad International; Gogoro, Inc.; Honda Motor Co. Ltd.; KTM AG; Mahindra Group; Ninebot Ltd.; Suzuki Motor Corporation; Terra Motors Corporation; Vmoto Limited ABN; Yamaha Motor Company Limitedand Other Major Players.
Segmentation Analysis of the Electric Mobility Market:
By Product Type, Electric cars have surged to dominance in the electric mobility market due to their expanding range, improved charging infrastructure, and eco-friendly image. With advancements in battery technology and increasing consumer interest, electric cars have become a compelling choice, outpacing other electric mobility options.
By Battery Type, The lithium-ion battery segment accounted for the highest growth of the Electric Mobility Market. The increasing awareness about eco-friendly batteries and the rising investments in lithium-ion battery packs are expected to drive the segment’s growth. For instance, in December 2022, Neuron Energy Private Limited, a manufacturer of lithium-ion battery packs for electric two- and three-wheelers, stated its intent to invest INR 50 crore (USD 6 million) in this market.
Market Dynamics and Factors for Electric Mobility Market:
Drivers:
Increasing Adoption of the Electrical Vehicles
The increasing adoption of electric vehicles (EVs) serves as a significant growth driver for the electric mobility market. As concerns about environmental sustainability and fossil fuel depletion mount, consumers are shifting towards EVs, driven by their lower emissions and reduced reliance on traditional fuels. This trend spurs innovation in EV technology, charging infrastructure, and energy storage, fostering a competitive market landscape. The government's incentives and regulations further bolster this transition, propelling the growth of the electric mobility sector in a more sustainable direction.
Opportunities:
Electric Mobility Improves Employee Wellbeing
The introduction of novel and appealing electric vehicle models by the automotive industry presents a significant opportunity for the electric mobility market. These innovative offerings not only cater to evolving consumer preferences but also stimulate adoption by addressing range anxiety, performance concerns, and style preferences. This diversification of options encourages wider acceptance of electric vehicles, accelerates the transition to sustainable transportation, and fuels the growth of the electric mobility sector.
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travelog007 · 6 days ago
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digitalmore · 14 days ago
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franchiseavs · 17 days ago
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Unlock the Potential of Your Commercial Property with Vishal Mega Mart Leasing
This could convert your commercial property into a consistent source of income.
Vishal Mega Mart Leasing is one of the biggest players in the value retail market and provides property owners and developers with an outstanding opportunity to tie up with one of India's most respected brands.
With a well-established market and a successful business model, Vishal Mega Mart is venturing into the underserved markets of India, and it is the ideal time to get on board.
Why Vishal Mega Mart Leasing?
1. Trusted Brand:
Vishal Mega Mart is a household name known for its extensive range of value-for-money products. With a loyal customer base spanning middle and lower-middle-class consumers, its stores drive significant footfall, increasing visibility and profitability for your property.
2. Proven Business Model:
Operating efficiently with a robust revenue structure, Vishal Mega Mart ensures long-term stability for property owners. The company's focus on customer satisfaction and market trends guarantees consistent store performance.
3. Focus on Underserved Markets:
By targeting areas that are underserved by modern retail, Vishal Mega Mart taps into growing customer bases. This approach opens doors to new opportunities, especially in densely populated towns with a high demand for quality retail.
4. Revenue-Sharing Model:
Vishal Mega Mart offers a competitive revenue-sharing model, giving property owners a 4% share of the store's monthly net sales. This ensures that the success of the store is directly correlated with your earnings. Property Requirements
To partner with Vishal Mega Mart, your commercial property must meet specific criteria:
Space Area: 15,000-25,000 sq. ft. distributed across three floors or a minimum of 4,000 sq. ft. on a single floor.
Frontage and Accessibility: Minimum of 40+ ft frontage and accessible road-level entrance with ramp facilities.
Ceiling Height: Minimum of 10.5 ft (floor to beam).
Parking: Sufficient parking space for two-wheelers and four-wheelers at an area of 4,000-5,000 sq. ft.
Place: Neighboring large or congested shopping centers or dense townships where the town has a minimum of 1 lakh population (the Northeast or townships with the District HQ need to have more than 20,000 population).
Benefits of leasing to Vishal Mega Mart
Uninterrupted Return: Revenue- sharing will ascertain the amount flowing in at consistent intervals.
Stable Long-Term Returns: Rent will increase once every 36 months through fixed escalations defined in the initial lease.
They uplift the value as well as boost the visibility of one's property for hosting a store of Vishal Mega Mart. Places to Expand Market
Vishal Mega Mart is expanding operations in strategic cities of India by opening stores there.
Some prominent places are -
Punjab: Rajpura, Patiala, Kapurthala
Rajasthan: Jaipur, Jodhpur, Kota, Ajmer
Jammu & Kashmir: Anantnag, Baramulla, RS Pura
Join hands with Vishal Mega Mart right now!
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With its well-established brand name, strategic expansion plans, and proven business model, this alliance ensures mutual growth and success.
Reach out to us now at +91 92054 34226 for this lucrative leasing opportunity!
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news365timesindia · 19 days ago
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[ad_1] The partnership will provide a unique opportunity to contribute to the micro mobility needs in one of the world’s fastest growing economies. TVS Motor Company (TVSM) will explore to manufacture, market and co-develop the vehicles along with Hyundai Motor Company.   TVS Motor Company and Hyundai Motor Company (HMC) today unveiled concept models of advanced electric three-wheelers and micro four-wheelers at Bharat Mobility Global Expo 2025. The concept models address the pressing need for sustainable mobility and align with the evolving demands of road and urban infrastructure in one of the world’s fastest growing economies. Together with Hyundai Motor, TVSM is exploring to contribute to the last-mile mobility market of India. While binding agreements are yet to be executed, Hyundai Motor is exploring to offer design, engineering and technology while TVSM will contribute towards manufacture, market and co-development of the vehicles.   TVS Motor Company and Hyundai Motor Company unveiled concept models of advanced electric three-wheeler and micro four-wheeler at Bharat Mobility Global Expo on January 18, 2025   These innovative concepts underline TVSM’s focus on providing mobility solutions that are efficient, exciting, responsible, safe and sustainable.   Commenting on the announcement, Sharad Mishra, President, Group Strategy, TVS Motor Company, said, "TVS is proud to partner with Hyundai to shape the future of urban mobility. By combining Hyundai’s global expertise with our deep understanding of mobility solutions, we aim to develop next-generation micro-mobility solutions that redefine last-mile connectivity. This collaboration reflects our commitment to innovation and sustainability. With a shared vision, we are confident that this partnership will deliver impactful solutions that set new standards in design, engineering, technology, and quality."   Commenting on the concepts, Mr SangYup Lee, Executive Vice President and Head of Hyundai and Genesis Global Design, Hyundai Motor, said, “Hyundai Motor is a customer-centric brand, and caring for people in India is our first mission. This commitment has driven us to explore designing micro-mobility solutions tailored to India's unique environment, reimagining the iconic three-wheeler to enhance mobility experiences through thoughtful design. Collaborating with TVS Motor, we aim to locally produce the three-wheeler while exploring global opportunities for the four-wheeler, blending intuitive functionality with the spirit of a rapidly innovating India.”   More about the Concepts These innovative concepts are crafted to redefine urban mobility. For instance the electric three-wheeler concept designed by Hyundai Motor, boldly reimagines India’s ubiquitous motor rickshaw, transforming it into a versatile and eco-friendly vehicle that can serve not only as a people mover but also as an efficient logistics carrier or a rapid-response emergency vehicle. This innovative approach to mobility not only connects communities and livelihoods but also champions accessibility and inclusivity with a foldable seat for wheelchair users. Its compact size and manoeuvrability, enables the electric three wheeler Concept to navigate narrow streets effectively. The vehicle’s body is adjustable, allowing it to be lifted to navigate waterlogged streets during the heavy rains of the monsoon season.   The proposed partnership, is showcased at the TVS pavilion, Hall No 14, Bharat Mandapam. The exciting and very unique physical concepts are on display at the Hyundai pavilion Hall 4, H4-01, Bharat Mandapam, New Delhi, Bharat Mobility Global Expo 2025.   About TVS Motor Company TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia.
Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.For more information, please visit www.tvsmotor.com. !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link
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news365times · 19 days ago
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[ad_1] The partnership will provide a unique opportunity to contribute to the micro mobility needs in one of the world’s fastest growing economies. TVS Motor Company (TVSM) will explore to manufacture, market and co-develop the vehicles along with Hyundai Motor Company.   TVS Motor Company and Hyundai Motor Company (HMC) today unveiled concept models of advanced electric three-wheelers and micro four-wheelers at Bharat Mobility Global Expo 2025. The concept models address the pressing need for sustainable mobility and align with the evolving demands of road and urban infrastructure in one of the world’s fastest growing economies. Together with Hyundai Motor, TVSM is exploring to contribute to the last-mile mobility market of India. While binding agreements are yet to be executed, Hyundai Motor is exploring to offer design, engineering and technology while TVSM will contribute towards manufacture, market and co-development of the vehicles.   TVS Motor Company and Hyundai Motor Company unveiled concept models of advanced electric three-wheeler and micro four-wheeler at Bharat Mobility Global Expo on January 18, 2025   These innovative concepts underline TVSM’s focus on providing mobility solutions that are efficient, exciting, responsible, safe and sustainable.   Commenting on the announcement, Sharad Mishra, President, Group Strategy, TVS Motor Company, said, "TVS is proud to partner with Hyundai to shape the future of urban mobility. By combining Hyundai’s global expertise with our deep understanding of mobility solutions, we aim to develop next-generation micro-mobility solutions that redefine last-mile connectivity. This collaboration reflects our commitment to innovation and sustainability. With a shared vision, we are confident that this partnership will deliver impactful solutions that set new standards in design, engineering, technology, and quality."   Commenting on the concepts, Mr SangYup Lee, Executive Vice President and Head of Hyundai and Genesis Global Design, Hyundai Motor, said, “Hyundai Motor is a customer-centric brand, and caring for people in India is our first mission. This commitment has driven us to explore designing micro-mobility solutions tailored to India's unique environment, reimagining the iconic three-wheeler to enhance mobility experiences through thoughtful design. Collaborating with TVS Motor, we aim to locally produce the three-wheeler while exploring global opportunities for the four-wheeler, blending intuitive functionality with the spirit of a rapidly innovating India.”   More about the Concepts These innovative concepts are crafted to redefine urban mobility. For instance the electric three-wheeler concept designed by Hyundai Motor, boldly reimagines India’s ubiquitous motor rickshaw, transforming it into a versatile and eco-friendly vehicle that can serve not only as a people mover but also as an efficient logistics carrier or a rapid-response emergency vehicle. This innovative approach to mobility not only connects communities and livelihoods but also champions accessibility and inclusivity with a foldable seat for wheelchair users. Its compact size and manoeuvrability, enables the electric three wheeler Concept to navigate narrow streets effectively. The vehicle’s body is adjustable, allowing it to be lifted to navigate waterlogged streets during the heavy rains of the monsoon season.   The proposed partnership, is showcased at the TVS pavilion, Hall No 14, Bharat Mandapam. The exciting and very unique physical concepts are on display at the Hyundai pavilion Hall 4, H4-01, Bharat Mandapam, New Delhi, Bharat Mobility Global Expo 2025.   About TVS Motor Company TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia.
Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.For more information, please visit www.tvsmotor.com. !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link
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newsmarketreports · 28 days ago
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Bajaj Auto SWOT Analysis: A Comprehensive Look at Its Market Position
Bajaj Auto, one of India’s leading two-wheeler and three-wheeler manufacturers, has earned its place as a prominent player in the global automotive industry. Known for its innovation, quality, and strategic global reach, Bajaj Auto SWOT continues to thrive amidst growing competition. This SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis aims to provide a deeper insight into the company’s current market standing, highlighting key factors that influence its growth trajectory and decision-making process.
Strengths
Strong Brand Reputation Bajaj Auto enjoys a solid brand reputation, not only in India but also in international markets. The company has successfully positioned itself as a reliable and innovative brand with strong customer loyalty. The iconic Bajaj Pulsar series, for instance, has become synonymous with performance and style among young riders.
Robust Product Portfolio Bajaj Auto boasts a wide and diversified product range, including motorcycles, scooters, and commercial vehicles. With a focus on fuel-efficient, low-cost products, the company caters to a variety of consumer needs—from budget-conscious buyers to premium customers. The variety in product offerings ensures that Bajaj Auto meets diverse market demands across various demographics.
Global Presence One of Bajaj’s significant advantages is its widespread international presence. It has a strong foothold in over 70 countries, with a particularly significant share in emerging markets such as Africa, Latin America, and Southeast Asia. The company’s focus on expansion has allowed it to become a global leader in motorcycle exports, with its products being well-regarded for their performance and durability.
Innovative R&D and Technology Bajaj Auto is heavily invested in research and development (R&D), consistently introducing advanced technology in its products. The company has been a pioneer in adopting electric vehicle technology and has started making strides in electric two-wheelers. Bajaj’s commitment to technological innovation helps it stay ahead of the curve in a rapidly evolving market.
Cost Leadership Bajaj Auto’s ability to maintain a strong cost leadership position gives it a competitive edge in terms of pricing. The company’s efficient manufacturing processes, economies of scale, and supply chain optimization allow it to produce cost-effective vehicles without compromising on quality. This advantage is particularly significant in price-sensitive markets.
Weaknesses
Dependence on Domestic Market Despite its strong international presence, Bajaj Auto remains heavily reliant on the Indian market for a significant portion of its revenues. With fluctuating domestic demand and the ongoing challenges of a competitive two-wheeler market, Bajaj risks vulnerability from economic downturns, regulatory changes, or shifts in consumer preferences within India.
Limited Product Range in Electric Segment While Bajaj Auto has started making progress in the electric vehicle (EV) space, it still lags behind some competitors in terms of the variety of electric vehicles offered. The growing demand for EVs requires the company to expand its portfolio quickly to capitalize on the burgeoning market. Competitors like Hero Electric and Ather Energy are already well-established in this sector.
Heavy Competition in the Indian Market The Indian motorcycle and scooter market is highly competitive, with players like Hero MotoCorp, TVS, and Honda dominating large segments. Bajaj faces price and innovation pressures from these local and international players, which could impact its market share in both the domestic and international markets.
Slow Adaptation to Changing Consumer Preferences While Bajaj Auto has historically been strong in motorcycles, it has not been as successful in adapting to shifts in consumer preferences. With the rising popularity of electric vehicles and connected vehicles, Bajaj Auto needs to accelerate its adaptation to these trends to remain relevant, particularly among younger and more tech-savvy consumers.
Opportunities
Expansion of Electric Vehicle Offerings The electric vehicle market is rapidly growing, and Bajaj Auto has a significant opportunity to expand its EV product line. By investing further in R&D and developing new models with better performance, Bajaj can tap into the eco-conscious consumer segment. The government’s push for electric mobility through subsidies and policies provides additional incentives for Bajaj Auto to grow in this space.
Increasing Demand for Two-Wheelers in Emerging Markets The growing middle class in developing countries, especially in Southeast Asia, Africa, and Latin America, presents significant opportunities for Bajaj Auto. As disposable incomes rise, demand for affordable, fuel-efficient transportation is expected to surge. Bajaj’s established international networks position it to meet this rising demand.
Technological Advancements in Vehicle Connectivity The trend toward vehicle connectivity, including smartphone integration and smart riding technologies, presents an opportunity for Bajaj Auto to innovate and enhance its product offerings. Integrating features such as GPS, advanced safety systems, and digital interfaces into its motorcycles could attract a tech-savvy customer base looking for more advanced riding experiences.
Focus on Premium Segments With growing consumer interest in high-end motorcycles, there is a clear opportunity for Bajaj Auto to further penetrate the premium segment. Expanding its range of high-performance bikes, both in the domestic and international markets, could help Bajaj increase its market share and improve margins in the higher-income bracket.
Threats
Intense Competition Bajaj Auto faces strong competition in almost every segment, from both domestic and international players. Brands like Hero MotoCorp and Honda are aggressive in their pricing strategies and marketing campaigns, while emerging startups in the EV sector are attracting younger, tech-focused consumers. The rise of new competitors threatens Bajaj’s market share, especially in the increasingly crowded two-wheeler market.
Fluctuating Raw Material Prices Bajaj Auto’s profit margins are susceptible to fluctuations in the prices of raw materials such as steel, aluminum, and rubber. Any significant rise in the costs of these materials can lead to increased production costs, which may result in higher retail prices or squeezed margins.
Regulatory and Environmental Pressures The regulatory environment surrounding the automotive industry is constantly evolving, particularly with respect to emissions standards and safety regulations. Bajaj Auto faces the challenge of complying with stringent regulations in various countries, especially with the global focus shifting toward environmental sustainability. Failure to meet regulatory standards could result in legal consequences, fines, or a tarnished brand reputation.
Economic Downturns and Global Instability Economic slowdowns, particularly in key markets such as India, can affect consumer spending and reduce demand for two-wheelers. Additionally, the global economic landscape is unpredictable, with trade tensions, currency fluctuations, and political instability impacting the company’s ability to operate effectively across borders.
Conclusion
Bajaj Auto is positioned well for continued growth, particularly in international markets and the expanding electric vehicle segment. However, the company must address its weaknesses, such as its dependence on the Indian market and the slow adaptation to electric vehicle demand. By capitalizing on emerging opportunities in EVs, vehicle connectivity, and premium segments, Bajaj can strengthen its market position and fend off the growing competitive pressures in the automotive industry. While external threats like regulatory challenges and raw material price volatility pose risks, Bajaj Auto’s strong brand reputation, cost-effective manufacturing, and innovation-driven approach provide a solid foundation for future success.
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pocket2profit · 1 month ago
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Earn While You Sleep: 2025 Best Dividend-Paying Stocks in India
In today’s fast-paced world, where inflation is rising and traditional savings methods yield minimal returns, dividend-paying stocks offer a lucrative alternative. These stocks provide a steady income stream, allowing investors to "earn while they sleep." For those looking to tap into this wealth-building strategy, India’s stock market is home to some of the best dividend-paying stocks, especially for 2025. Here’s a look at a few top contenders that can boost your passive income.
1. Reliance Industries Ltd. (RELIANCE)
Reliance Industries, led by one of India’s most influential business magnates, Mukesh Ambani, remains a strong dividend payer. With a diversified portfolio across sectors like petrochemicals, telecom (Jio), and retail, Reliance continues to generate robust cash flows, translating into consistent dividend payouts. The company’s growth potential, combined with its dependable dividend policy, makes it a favorite among income-focused investors.
2. HDFC Bank Ltd. (HDFCBANK)
HDFC Bank, one of India’s leading private-sector banks, is known for its stability and strong financials. The bank has a history of steady and growing dividends, supported by its solid balance sheet and consistent profitability. With an expanding customer base and a comprehensive suite of financial services, HDFC Bank is expected to continue its dividend payouts well into 2025, making it a safe choice for dividend investors.
3. ITC Ltd. (ITC)
ITC, a conglomerate with a strong presence in FMCG, hotels, paperboards, and packaging, has long been a favorite among dividend investors. Known for its regular dividend increases, ITC offers one of the highest dividend yields in the Indian market. Despite challenges in certain sectors, the company’s diversified portfolio ensures a steady stream of income, making it an attractive stock for long-term passive income seekers.
4. Larsen & Toubro Ltd. (LT)
Larsen & Toubro, a leader in the Indian engineering, construction, and infrastructure sectors, has been a consistent performer in terms of dividend payouts. With a strong order book and diversified business operations, L&T offers reliable dividends that continue to grow. For investors looking for a blend of growth and income, L&T is a well-balanced option that could yield solid returns in the coming years.
5. Coal India Ltd. (COALINDIA)
Coal India, the world’s largest coal producer, has always been a high dividend payer due to its stable revenue generation from the power sector. Despite some challenges posed by global energy transitions, Coal India’s consistent cash flow ensures reliable dividend payments. The company’s status as a public sector undertaking (PSU) further ensures its commitment to shareholder returns, making it a top choice for those seeking passive income.
6. Bajaj Auto Ltd. (BAJAJ-AUTO)
Bajaj Auto, a prominent player in the Indian automotive industry, has a long track record of paying consistent dividends. With strong sales of motorcycles and three-wheelers, Bajaj Auto generates a solid cash flow, which it shares with shareholders in the form of dividends. Investors looking for a combination of high dividend yield and long-term capital appreciation may find Bajaj Auto an attractive choice.
7. NTPC Ltd. (NTPC)
As India’s largest power generation company, NTPC is another top pick for dividend investors. With its stable earnings from power plants across the country, NTPC offers a strong dividend payout. The company is also focusing on renewable energy, ensuring its long-term growth prospects while continuing its tradition of rewarding shareholders.
Conclusion
In 2025, these top dividend-paying stocks represent an excellent opportunity for investors looking to build a reliable income stream. By incorporating these stocks into your portfolio, you can earn passive income while your investments continue to grow. Always ensure to conduct thorough research or consult with a financial advisor to align your portfolio with your financial goals.
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lovelypol · 2 months ago
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Electric Cargo Bike Market: $1.2B to $3.5B by 2033 | 10.8% CAGR
Electric Cargo Bike Market is dedicated to providing eco-friendly, efficient solutions for urban logistics. These bikes integrate electric motors to assist pedaling, making them ideal for transporting goods in densely populated urban areas. With the rise of e-commerce, growing urbanization, and an increasing focus on sustainability, electric cargo bikes are emerging as a key alternative for businesses and consumers seeking environmentally friendly transportation options.
To Request Sample Report : https://www.globalinsightservices.com/request-sample/?id=GIS22662 &utm_source=SnehaPatil&utm_medium=Article
Market Growth and Trends
The market for electric cargo bikes is experiencing rapid growth, driven by the need for sustainable urban mobility and last-mile delivery solutions. The two-wheeler cargo bike segment leads the market, capturing 60% of the share, favored for its maneuverability in congested cities. The three-wheeler cargo bike segment follows closely with a 30% share, offering higher load capacity and stability, making it an attractive option for businesses with heavier delivery needs. Four-wheeled models represent a smaller portion of the market, mainly used for specialized industrial applications.
Regional Insights
Europe dominates the electric cargo bike market, driven by stringent emission regulations, government incentives, and well-developed cycling infrastructure.
Germany leads in Europe, supported by a strong cycling culture and supportive policies.
The Netherlands follows closely with its advanced cycling infrastructure and high urban cycling adoption rates.
North America also shows strong growth, particularly in the United States, due to the expanding urban delivery services and government support for eco-friendly transport solutions. Canada follows, benefiting from increasing environmental awareness.
Market Segmentation
Product Types: Two-wheeler and three-wheeler cargo bikes, including long-tail, front loaders, and tricycles.
End Users: Commercial, residential, and industrial sectors.
Technology: Pedal assist, throttle control, and smart connectivity.
Components: Batteries, motors, controllers, and displays.
Future Outlook
The market is expected to grow at a 15% annual growth rate, driven by innovations in battery efficiency, smart connectivity, and government incentives for green transportation. With e-commerce continuing to thrive, electric cargo bikes present a significant opportunity for businesses looking to improve their sustainability footprint while enhancing urban delivery capabilities.
#ElectricCargoBikes #SustainableTransport #UrbanLogistics #EcommerceDelivery #EcoFriendlyTransport #GreenMobility #LastMileDelivery #SmartBikes #ElectricVehicles #UrbanCycling #PedalAssist #EcoConscious #BatteryEfficiency #SmartConnectivity #UrbanMobility #CargoBikes #SustainableCities #GreenDelivery #EbikeRevolution #CycleLogistics #CleanEnergy
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global-research-report · 2 months ago
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Electric Mobility Market Growth: Innovations and Opportunities in 2023 - 2030
The global electric mobility market size is expected to reach USD 325.64 billion by 2030, growing at a CAGR of 14.6% from 2023 to 2030, as per the study conducted by Grand View Research, Inc. Rise in substantial operating and maintenance cost savings is expected to significantly increase the demand for electric mobility thereby supporting the market growth. Furthermore, growing concerns about the rapidly rising carbon footprint and greenhouse gases from the transportation and automotive industries are encouraging state and country-level regulatory bodies to set up policies that promote the adoption of energy-efficient vehicles.
The rise in government investments along with stringent regulations, objectives, and policies for electric vehicle deployment, signaling OEMs and other industry stakeholders who actively participate in the industry and building confidence based on mobilizing investments and policy frameworks is fueling the growth of the electric mobility industry.
For instance, in December 2022, the Uttar Pradesh government in India targeted to invest 300 million in electric transportation. The state's UP Electric Vehicle Manufacturing and Mobility Policy 2022 aims to attract new investment and create 1 million new jobs in the sector. Meanwhile, the new strategy has attempted to address the three key issues: stimulating the manufacture of e-vehicles and their components, such as batteries, and creating a solid network of charging stations and battery swap locations.
Electric vehicles depend on electricity to replenish their batteries rather than using fossil fuels such as petrol or diesel. With the increasing number of EV battery charging stations emerging, it is now more convenient for consumers to charge their batteries at a local station rather than stand in line at a CNG station or a gas station. For instance, In May 2022, Energica Motor Company, a manufacturing company, launched a new e-bike named Energica Experia. The e-bike featured the company’s no-emission EV technology. These factors are expected to drive the electric mobility market growth over the forecast period
Some dominant players in the U.S. electric mobility industry are BMW Motorrad International; Gogoro, Inc.; Honda Motor Co. Ltd.; KTM AG; Mahindra Group; Ninebot Ltd.; Suzuki Motor Corporation; Terra Motors Corporation; Vmoto Limited ABN; Yamaha Motor Company Limited. These players focus on new product launches and partnerships & collaboration to enhance their offerings and geographic presence. For instance, In June 2022, iFood, an online food ordering and delivery platform based in Brazil, launched the EVS Work iFood electric motorcycle in collaboration with Voltz Motors, a startup manufacturer of e-scooters and e-motorcycles based in Brazil, for USD 2,099.9.
Electric Mobility Market Report Highlights
Based on product, the electric bike segment is expected to dominate the global market owing to the factors such as the expansion of cycling infrastructure in developing countries such as India and the rise of financial incentives for e-bikesales
Based on drive, the chain drive segment dominated the market with 46% of the revenue share in 2022. The growing amount of construction activities driven by rapid industrialization is driving the segment’s growth
Based on battery, the Li-ion battery segment accounted for 82% of the revenue share in 2022 owing to the benefits such as a decrease in the amount of toxic oil waste generated, the need for engine maintenance, and the pollution caused by fuel combustion engines
Based on end-use, the personal segment accounted for 76% of the revenue share in 2022. The segment’s growth can be attributed to the rising sales of electric two-wheelers as more customers choose electric transportation for both commuting and relaxation
Electric Mobility Market Segmentation
Grand View Research has segmented the global electric mobility market based on product, drive, battery, end-use, and region:
Electric Mobility Product Outlook (Revenue, USD Million, 2018 - 2030)
Electric Bikes
Electric Scooter
Electric Motorized Scooter
Electric Motorcycle
Electric Mobility Drive Type Outlook (Revenue, USD Million, 2018 - 2030)
Belt Drive
Chain Drive
Hub Drive
Electric Mobility Battery Outlook (Revenue, USD Million, 2018 - 2030)
Lead Acid Battery
Li-ion Battery
Others
Electric Mobility End-use Outlook (Revenue, USD Million, 2018 - 2030)
Personal
Commercial
Electric Mobility Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
Latin America
Brazil
Mexico
Middle East & Africa
Order a free sample PDF of the Electric Mobility Market Intelligence Study, published by Grand View Research.
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travelog007 · 8 days ago
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marketsndata · 22 days ago
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India Automotive Compressor Market Size, Share and Forecast for 2032
India automotive compressor market is projected to witness a CAGR of 6.50% during the forecast period FY2025-FY2032, growing from USD 1.16 billion in FY2024 to USD 1.92 billion in FY2032. The market has experienced significant growth in recent years and is expected to maintain an expansion in the coming years owing to a considerable increase in requirement for electric vehicles, the growing popularity of electrically powered air conditioning systems, stringent government regulations on vehicle emissions, and increased demand for climate control and comfort features. The Indian automotive compressor market demand is expected to rise owing to the continuous shift toward electrification, surging investments in different research and development to enhance the performance of compressors, and increasing applications of compressors in all types of vehicles. The key drives, including continuous upgradation and advancements in the automotive industry coupled with a significant rise in requirement for energy-efficient compressors, are projected to foster the India automotive compressor market growth in the forecast period. Furthermore, the growing sales of passenger cars in India, growing customer preferences for energy-efficient vehicles, and expansion in the aftermarket sector are projected to result in different market growth opportunities for market players. According to data from the Federation of Automobile Dealers Associations, passenger vehicle (PV) retail sales reached a record high in FY2024, with a total of 3,948,143 units sold. This figure represents an 8.45% increase compared to the 3,640,399 units sold in the financial year 2023 (FY2023).
Companies in the market are significantly advancing the technologies of automotive compressors in terms of performance and efficiency to make air conditioning systems cost-effective, which further drives the India automotive compressor market growth in the forecast period. Also, companies in the Indian automotive compressor market are launching advanced compressors to offer overall safety and better driving experience to end-users.
For instance, in May 2022, MAHLE GmbH announced the introduction of its most powerful e-compressor with a peak power of 18 kW for thermal management in electric vehicles. MAHLE GmbH secured numerous orders in the commercial and passenger vehicle sector, and it is projected that the total order volume is nearly USD 1.48 billion.
Expansion of the Automotive Market Drives the India Automotive Compressor Market Demand
In India, the rapid growth of the automotive market is a key driver for the automotive compressor market growth. Key drivers, including rising disposable income, surging urbanization, and expanding infrastructure, are increasing vehicle requirements, further propelling the India automotive compressor market size in the forecast period. As a huge number of customers demand passenger cars and other products, the production of passenger vehicles and two-wheelers is accelerating, boasting the need for automotive compressors for various applications. For instance, according to the Society of Indian Automobile Manufacturers, from April 2022 to March 2023, the industry manufactured a total of 25,931,867 vehicles, encompassing passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and quadricycles. This marks an increase compared to the 23,040,066 units produced during the previous year, from April 2021 to March 2022. This growing requirement for vehicles motivates manufacturers to improve their production capabilities and invest in new technologies. Furthermore, the expansion of the automotive sector introduces different market growth opportunities for aftermarket sales, including replacement and maintenance of compressors, which can sustain demand for the long term. This market trend strengthens the automotive compressor market growth in the forecast period. Also, the Indian government issued new guidelines that are expected to increase the demand for automotive compressors in India and enhance the overall driving experience.
For instance, in December 2023, the Indian Ministry of Road Transport and Highways issued a notification that states that all trucks manufactured from October 2025 onwards must have factory-fitted AC cabins.
Growing Consumer Awareness of Comfort Features Propels the Market Growth
The rising emphasis on convenience and comfort in vehicles significantly impacts the requirement for automotive compressors in India. Climate control and easy accessibility of air conditioning systems in automotive make automotive compressors an essential component that further drives the automotive compressor market in India. With an increase in disposable income coupled with rapid urbanization, more buyers prefer vehicles that offer superior comfort and convenience, specifically in extreme weather conditions. Thereby, manufacturers are investing in different research and development activities to advance the performance of automotive compressors to offer rapid cooling and precise temperature control, driving the India automotive compressor market growth in the forecast period. In addition, enhanced cabin air quality systems are becoming a focal point, leading to the incorporation of advanced filtration and compressor technologies. This trend fosters sales and motivates the development of innovative compressor solutions personalized to consumer preferences. Companies in the market plan to announce collaboration to expand their market presence and bring a wider range of products.
For instance, in November 2024, Honda Motorcycle & Scooter India Pvt. Ltd. announced the introduction of its first V3 motorcycle engine with an electrical compressor to expand its product lineup and meet the diversifying requirements of today’s customers.
Passenger Cars Dominate the India Automotive Compressor Market Share
Passenger cars hold a significant share of India automotive compressor market owing to rising requirements for personal vehicles, growing focus on comfort features among consumers, and innovations in air conditioning technology. As the disposable income of consumers is rising and urbanization continues, more individuals are investing in passenger cars, leading to a higher requirement for reliable and efficient compressors. In addition, a significant advancement in compressor design and performance focused on enhancing energy efficiency and reducing carbon emissions surged the demand for automotive compressors in passenger cars. Overall, the robust performance of the passenger car market significantly propels the growth of India automotive compressor market.
For instance, in June 2022, Garrett Motion Inc. announced its latest development of a next-generation electric compressor to expand the company’s presence in the rising mild and full hybrid passenger vehicle segment.
North India is Expected to Dominate the India Automotive Compressor Market Size
North India is projected to lead the automotive compressor market size owing to different key factors, including rapid urbanization and industrialization in cities such as Chandigarh, Delhi, and Jaipur, as well as an increase in disposable incomes and a growing population. In addition, the growing demand for personal and commercial vehicles, as well as the presence of key automotive manufacturers coupled with suppliers, are anticipated to drive the need for automotive compressors. In addition, the growing focus on electric vehicles is also gaining traction across this region, which is also fostering the demand for automotive compressors. Furthermore, companies in the market are efficiently advancing the performance and durability of automotive compressors to be competitive and offer comfort to drivers and passengers.
For instance, in September 2023, Brose Fahrzeugteile SE & Co. KG, a leading company in India’s automotive compressor market, developed a high-voltage compressor with 800 volts of operating voltage that enables fast charging of EVs. The electric climate compressor ensures efficient air-conditioning of the interior and cooling of the vehicle battery.
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Future Market Scenario (FY2025-FY2031F)
Growing electric vehicle adoption necessitates advanced compressors, creating new opportunities in the automotive compressor sector.
Rapid urbanization increases vehicle ownership, increasing demand for efficient automotive compressors in passenger and commercial vehicles.
Supportive government policies and incentives for the automotive industry foster growth, encouraging investment in compressor technologies.
Growing awareness of environmental issues drives demand for eco-friendly compressors, aligning with global trends toward sustainability in automotive technology.
Report Scope
“India Automotive Compressor Market Assessment, Opportunities and Forecast, FY2018-FY2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of India automotive compressor market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between FY2025 and FY2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
Click here for full report- https://www.marketsandata.com/industry-reports/india-automotive-compressor-market
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Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: [email protected] Website: https://www.marketsandata.com
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