India - Used Cars Market by Channel, Vehicle Type, and Type - Forecast and Analysis 2023-2027
| Published: Oct 2023 | Pages: 139 | SKU: IRTNTR76482 |
Used Cars Market In India – Industry Trends and Forecast 2023
The used cars market in india size is estimated to grow/decline at a CAGR of 11.9% between 2023 and 2027. The market size is forecast to increase by USD 24.7. The growth of the market depends on several factors^^^The several factors play a crucial role in the market's growth, such as^^^The growth of the market hinges on multiple factors, including^^^The accelerated growth of the market is by various factors, including…(Use this varaition in reports )(Mention Driver Pointers). (menion second largest region and value from data point).
(mention key offering of a vendor). Besides analyzing the current market scenario, our report examines historic data from 2017 to 2021.
What will be the Size of the Used Cars Market In India During the Forecast Period?
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Used Cars Market in India Segmentation by (Mention Segment Name)
This used cars market in india report extensively covers market segmentation by Channel (offline and online), Vehicle Type (compact car, mid size, and suv), Type (petrol, diesel, and others), and Geography (apac) and geography India. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
Used Cars Market in India (mention segment name) Analysis (mention one segment)
(Mention Segment properly).The market share growth by the segments.1 segment will be significant during the forecast period. [mention brief about segment growth].
Get a glance at the market contribution of the segments, Request Free Sample
The segments.1 accounted for ( USD XXX) in 2017 and showed a gradual increase in the market till 2021
Used Cars Market in India (mention segment name) Analysis
Used Cars Market in India Region Analysis
APAC is estimated to contribute 100% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions Request Free Sample
(Briefly mention the largest region and other regions too)
Used Cars Market In India Dynamics
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Used Cars Market In India Drivers
(Either Bulletin Point or Slipt Para only )
Key Used Cars Market In India Trends
Major Used Cars Market In India Challenges
Key Used Cars Market in India Companies
Companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.
(Please add only one Vendor details-key offering and Product/Service Segments-Company Name not domain ) ( Full Paragraph)
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
ALD SA, Auto Best, Bayerische Motoren Werke AG, Big Boy Toysz Pvt. Ltd., CarWale India, Classic Automotives, Droom Technology Pvt. Ltd., Girnar software Pvt Ltd., Honda Motor Co. Ltd., Hyundai Motor Co., Khivraj Motors, Mahindra and Mahindra Ltd., Quikr India Pvt. Ltd., Suzuki Motor Corp., The VAISHNO MOTOR CO., Toqfactor Technologies Pvt Ltd., Toyota Motor Corp., Valuedrive Technologies Pvt Ltd., Cars24 Services Pvt. Ltd., and NASPERS Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Deployment Outlook (USD Million, 2017 - 2027)
- XXX(mention it from Form & Segment to )
- Private
- Application Outlook (USD Million, 2017 - 2027)
- Large Enterprise
- Small and Medium Enterprise
- Region Outlook (USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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Used Cars Market in India Scope |
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Report Coverage |
Details |
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Page number |
139 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.9% |
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Market growth 2023-2027 |
USD 24.7 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
11.27 |
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Regional analysis |
India |
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Performing market contribution |
APAC at 100% |
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Key countries |
India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ALD SA, Auto Best, Bayerische Motoren Werke AG, Big Boy Toysz Pvt. Ltd., CarWale India, Classic Automotives, Droom Technology Pvt. Ltd., Girnar software Pvt Ltd., Honda Motor Co. Ltd., Hyundai Motor Co., Khivraj Motors, Mahindra and Mahindra Ltd., Quikr India Pvt. Ltd., Suzuki Motor Corp., The VAISHNO MOTOR CO., Toqfactor Technologies Pvt Ltd., Toyota Motor Corp., Valuedrive Technologies Pvt Ltd., Cars24 Services Pvt. Ltd., and NASPERS Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Used Cars Market In India In Country Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the size of the market size and its contribution of the market in focus to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market industry across India
- Thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of used cars market in india companies
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Channel
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 08: Parent market
- Exhibit 09: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 10: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 11: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 12: Chart on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 13: Data Table on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 14: Chart on India: Year-over-year growth 2022-2027 (%)
- Exhibit 15: Data Table on India: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Used cars market in India 2017 - 2021
- Exhibit 16: Historic Market Size – Data Table on used cars market in India 2017 - 2021 ($ billion)
- 4.2 Channel Segment Analysis 2017 - 2021
- Exhibit 17: Historic Market Size – Channel Segment 2017 - 2021 ($ billion)
- 4.3 Vehicle type Segment Analysis 2017 - 2021
- Exhibit 18: Historic Market Size – Vehicle type Segment 2017 - 2021 ($ billion)
- 4.4 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 20: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 23: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 24: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 25: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 26: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Channel
- 6.1 Market segments
- Exhibit 27: Chart on Channel - Market share 2022-2027 (%)
- Exhibit 28: Data Table on Channel - Market share 2022-2027 (%)
- 6.2 Comparison by Channel
- Exhibit 29: Chart on Comparison by Channel
- Exhibit 30: Data Table on Comparison by Channel
- 6.3 Offline - Market size and forecast 2022-2027
- Exhibit 31: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
- Exhibit 32: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
- Exhibit 33: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 34: Data Table on Offline - Year-over-year growth 2022-2027 (%)
- 6.4 Online - Market size and forecast 2022-2027
- Exhibit 35: Chart on Online - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
- Exhibit 37: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 38: Data Table on Online - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Channel
- Exhibit 39: Market opportunity by Channel ($ billion)
- Exhibit 40: Data Table on Market opportunity by Channel ($ billion)
7 Market Segmentation by Vehicle Type
- 7.1 Market segments
- Exhibit 41: Chart on Vehicle Type - Market share 2022-2027 (%)
- Exhibit 42: Data Table on Vehicle Type - Market share 2022-2027 (%)
- 7.2 Comparison by Vehicle Type
- Exhibit 43: Chart on Comparison by Vehicle Type
- Exhibit 44: Data Table on Comparison by Vehicle Type
- 7.3 Compact car - Market size and forecast 2022-2027
- Exhibit 45: Chart on Compact car - Market size and forecast 2022-2027 ($ billion)
- Exhibit 46: Data Table on Compact car - Market size and forecast 2022-2027 ($ billion)
- Exhibit 47: Chart on Compact car - Year-over-year growth 2022-2027 (%)
- Exhibit 48: Data Table on Compact car - Year-over-year growth 2022-2027 (%)
- 7.4 Mid size - Market size and forecast 2022-2027
- Exhibit 49: Chart on Mid size - Market size and forecast 2022-2027 ($ billion)
- Exhibit 50: Data Table on Mid size - Market size and forecast 2022-2027 ($ billion)
- Exhibit 51: Chart on Mid size - Year-over-year growth 2022-2027 (%)
- Exhibit 52: Data Table on Mid size - Year-over-year growth 2022-2027 (%)
- 7.5 SUV - Market size and forecast 2022-2027
- Exhibit 53: Chart on SUV - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Data Table on SUV - Market size and forecast 2022-2027 ($ billion)
- Exhibit 55: Chart on SUV - Year-over-year growth 2022-2027 (%)
- Exhibit 56: Data Table on SUV - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Vehicle Type
- Exhibit 57: Market opportunity by Vehicle Type ($ billion)
- Exhibit 58: Data Table on Market opportunity by Vehicle Type ($ billion)
8 Market Segmentation by Type
- 8.1 Market segments
- Exhibit 59: Chart on Type - Market share 2022-2027 (%)
- Exhibit 60: Data Table on Type - Market share 2022-2027 (%)
- 8.2 Comparison by Type
- Exhibit 61: Chart on Comparison by Type
- Exhibit 62: Data Table on Comparison by Type
- 8.3 Petrol - Market size and forecast 2022-2027
- Exhibit 63: Chart on Petrol - Market size and forecast 2022-2027 ($ billion)
- Exhibit 64: Data Table on Petrol - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Chart on Petrol - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Petrol - Year-over-year growth 2022-2027 (%)
- 8.4 Diesel - Market size and forecast 2022-2027
- Exhibit 67: Chart on Diesel - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on Diesel - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on Diesel - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Diesel - Year-over-year growth 2022-2027 (%)
- 8.5 Others - Market size and forecast 2022-2027
- Exhibit 71: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 8.6 Market opportunity by Type
- Exhibit 75: Market opportunity by Type ($ billion)
- Exhibit 76: Data Table on Market opportunity by Type ($ billion)
9 Customer Landscape
- 9.1 Customer landscape overview
- Exhibit 77: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 78: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 79: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 80: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 81: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 82: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 83: Matrix on vendor position and classification
- 12.3 Bayerische Motoren Werke AG
- Exhibit 84: Bayerische Motoren Werke AG - Overview
- Exhibit 85: Bayerische Motoren Werke AG - Business segments
- Exhibit 86: Bayerische Motoren Werke AG - Key news
- Exhibit 87: Bayerische Motoren Werke AG - Key offerings
- Exhibit 88: Bayerische Motoren Werke AG - Segment focus
- 12.4 Big Boy Toysz Pvt. Ltd.
- Exhibit 89: Big Boy Toysz Pvt. Ltd. - Overview
- Exhibit 90: Big Boy Toysz Pvt. Ltd. - Product / Service
- Exhibit 91: Big Boy Toysz Pvt. Ltd. - Key offerings
- 12.5 Cars24 Services Pvt. Ltd.
- Exhibit 92: Cars24 Services Pvt. Ltd. - Overview
- Exhibit 93: Cars24 Services Pvt. Ltd. - Product / Service
- Exhibit 94: Cars24 Services Pvt. Ltd. - Key offerings
- 12.6 CarWale India
- Exhibit 95: CarWale India - Overview
- Exhibit 96: CarWale India - Product / Service
- Exhibit 97: CarWale India - Key offerings
- 12.7 Droom Technology Pvt. Ltd.
- Exhibit 98: Droom Technology Pvt. Ltd. - Overview
- Exhibit 99: Droom Technology Pvt. Ltd. - Product / Service
- Exhibit 100: Droom Technology Pvt. Ltd. - Key offerings
- 12.8 Girnar software Pvt Ltd.
- Exhibit 101: Girnar software Pvt Ltd. - Overview
- Exhibit 102: Girnar software Pvt Ltd. - Product / Service
- Exhibit 103: Girnar software Pvt Ltd. - Key offerings
- 12.9 Honda Motor Co. Ltd.
- Exhibit 104: Honda Motor Co. Ltd. - Overview
- Exhibit 105: Honda Motor Co. Ltd. - Business segments
- Exhibit 106: Honda Motor Co. Ltd. - Key news
- Exhibit 107: Honda Motor Co. Ltd. - Key offerings
- Exhibit 108: Honda Motor Co. Ltd. - Segment focus
- 12.10 Hyundai Motor Co.
- Exhibit 109: Hyundai Motor Co. - Overview
- Exhibit 110: Hyundai Motor Co. - Business segments
- Exhibit 111: Hyundai Motor Co. - Key news
- Exhibit 112: Hyundai Motor Co. - Key offerings
- Exhibit 113: Hyundai Motor Co. - Segment focus
- 12.11 Mahindra and Mahindra Ltd.
- Exhibit 114: Mahindra and Mahindra Ltd. - Overview
- Exhibit 115: Mahindra and Mahindra Ltd. - Business segments
- Exhibit 116: Mahindra and Mahindra Ltd. - Key news
- Exhibit 117: Mahindra and Mahindra Ltd. - Key offerings
- Exhibit 118: Mahindra and Mahindra Ltd. - Segment focus
- 12.12 NASPERS Ltd.
- Exhibit 119: NASPERS Ltd. - Overview
- Exhibit 120: NASPERS Ltd. - Business segments
- Exhibit 121: NASPERS Ltd. - Key offerings
- Exhibit 122: NASPERS Ltd. - Segment focus
- 12.13 Quikr India Pvt. Ltd.
- Exhibit 123: Quikr India Pvt. Ltd. - Overview
- Exhibit 124: Quikr India Pvt. Ltd. - Product / Service
- Exhibit 125: Quikr India Pvt. Ltd. - Key offerings
- 12.14 Suzuki Motor Corp.
- Exhibit 126: Suzuki Motor Corp. - Overview
- Exhibit 127: Suzuki Motor Corp. - Business segments
- Exhibit 128: Suzuki Motor Corp. - Key offerings
- Exhibit 129: Suzuki Motor Corp. - Segment focus
- 12.15 The VAISHNO MOTOR CO.
- Exhibit 130: The VAISHNO MOTOR CO. - Overview
- Exhibit 131: The VAISHNO MOTOR CO. - Product / Service
- Exhibit 132: The VAISHNO MOTOR CO. - Key offerings
- 12.16 Toyota Motor Corp.
- Exhibit 133: Toyota Motor Corp. - Overview
- Exhibit 134: Toyota Motor Corp. - Business segments
- Exhibit 135: Toyota Motor Corp. - Key offerings
- Exhibit 136: Toyota Motor Corp. - Segment focus
- 12.17 Valuedrive Technologies Pvt Ltd.
- Exhibit 137: Valuedrive Technologies Pvt Ltd. - Overview
- Exhibit 138: Valuedrive Technologies Pvt Ltd. - Product / Service
- Exhibit 139: Valuedrive Technologies Pvt Ltd. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 140: Inclusions checklist
- Exhibit 141: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 142: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 143: Research methodology
- Exhibit 144: Validation techniques employed for market sizing
- Exhibit 145: Information sources
- 13.5 List of abbreviations
- Exhibit 146: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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used cars market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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