Auto Component Market in India 2025-2029

Description

List of Tables

The auto component market in india is forecasted to grow by USD 259.03 bn during 2024-2029, accelerating at a CAGR of 37% during the forecast period. The report on the auto component market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing middle-class population, surge in demand for compact suvs, and government initiatives and policies for easy automotive industry setup procedure.

Technavio's auto component market in india is segmented as below:

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	27.9%
CAGR	37%
Incremental Value	$259.03 bn

By Channel

OEM
Aftermarket

By Component

Engine and suspension and breaking
Drive transmission and steering
Electricals and electronics
Body and chassis
Others

By Vehicle Type

Passenger vehicles
2 wheelers
Light commercial vehicles
Medium and heavy commercial vehicles
Others

By Geographical Landscape

APAC

This study identifies the increasing product launches as one of the prime reasons driving the auto component market in india growth during the next few years. Also, enhancing operating efficiency with industry 4.0 and advances in field of automotive technology will lead to sizable demand in the market.

The report on the auto component market in india covers the following areas:

Auto Component Market in India sizing
Auto Component Market in India forecast
Auto Component Market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading auto component market in india vendors that include 3M Co., AISIN CORP., Akebono Brake Industry Co. Ltd., Autoliv Inc., BorgWarner Inc., Brembo Spa, General Motors Co., HELLA GmbH and Co. KGaA, Hyundai Motor Co., Lear Corp., Magna International Inc., Marelli Holdings Co. Ltd., Robert Bosch GmbH, Schaeffler AG, Stellantis NV, Tenneco Inc., The Goodyear Tire and Rubber Co., Toyota Motor Corp., Valeo SA, and ZF Friedrichshafen AG. Also, the auto component market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR77303

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Channel
- Executive Summary - Chart on Market Segmentation by Component
- Executive Summary - Chart on Market Segmentation by Vehicle Type
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India: Year-over-year growth 2024-2029 (%)
- Data Table on India: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Auto Component Market in India 2019 - 2023
- Historic Market Size - Data Table on Auto Component Market in India 2019 - 2023 ($ billion)
5.2 Channel segment analysis 2019 - 2023
- Historic Market Size - Channel Segment 2019 - 2023 ($ billion)
5.3 Component segment analysis 2019 - 2023
- Historic Market Size - Component Segment 2019 - 2023 ($ billion)
5.4 Vehicle Type segment analysis 2019 - 2023
- Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

6.1 Impact of AI in auto component market in India

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Channel

8.1 Market segments
- Chart on Channel - Market share 2024-2029 (%)
- Data Table on Channel - Market share 2024-2029 (%)
8.2 Comparison by Channel
- Chart on Comparison by Channel
- Data Table on Comparison by Channel
8.3 OEM - Market size and forecast 2024-2029
- Chart on OEM - Market size and forecast 2024-2029 ($ billion)
- Data Table on OEM - Market size and forecast 2024-2029 ($ billion)
- Chart on OEM - Year-over-year growth 2024-2029 (%)
- Data Table on OEM - Year-over-year growth 2024-2029 (%)
8.4 Aftermarket - Market size and forecast 2024-2029
- Chart on Aftermarket - Market size and forecast 2024-2029 ($ billion)
- Data Table on Aftermarket - Market size and forecast 2024-2029 ($ billion)
- Chart on Aftermarket - Year-over-year growth 2024-2029 (%)
- Data Table on Aftermarket - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Channel
- Market opportunity by Channel ($ billion)
- Data Table on Market opportunity by Channel ($ billion)

9 Market Segmentation by Component

9.1 Market segments
- Chart on Component - Market share 2024-2029 (%)
- Data Table on Component - Market share 2024-2029 (%)
9.2 Comparison by Component
- Chart on Comparison by Component
- Data Table on Comparison by Component
9.3 Engine and suspension and breaking - Market size and forecast 2024-2029
- Chart on Engine and suspension and breaking - Market size and forecast 2024-2029 ($ billion)
- Data Table on Engine and suspension and breaking - Market size and forecast 2024-2029 ($ billion)
- Chart on Engine and suspension and breaking - Year-over-year growth 2024-2029 (%)
- Data Table on Engine and suspension and breaking - Year-over-year growth 2024-2029 (%)
9.4 Drive transmission and steering - Market size and forecast 2024-2029
- Chart on Drive transmission and steering - Market size and forecast 2024-2029 ($ billion)
- Data Table on Drive transmission and steering - Market size and forecast 2024-2029 ($ billion)
- Chart on Drive transmission and steering - Year-over-year growth 2024-2029 (%)
- Data Table on Drive transmission and steering - Year-over-year growth 2024-2029 (%)
9.5 Electricals and electronics - Market size and forecast 2024-2029
- Chart on Electricals and electronics - Market size and forecast 2024-2029 ($ billion)
- Data Table on Electricals and electronics - Market size and forecast 2024-2029 ($ billion)
- Chart on Electricals and electronics - Year-over-year growth 2024-2029 (%)
- Data Table on Electricals and electronics - Year-over-year growth 2024-2029 (%)
9.6 Body and chassis - Market size and forecast 2024-2029
- Chart on Body and chassis - Market size and forecast 2024-2029 ($ billion)
- Data Table on Body and chassis - Market size and forecast 2024-2029 ($ billion)
- Chart on Body and chassis - Year-over-year growth 2024-2029 (%)
- Data Table on Body and chassis - Year-over-year growth 2024-2029 (%)
9.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
9.8 Market opportunity by Component
- Market opportunity by Component ($ billion)
- Data Table on Market opportunity by Component ($ billion)

10 Market Segmentation by Vehicle Type

10.1 Market segments
- Chart on Vehicle Type - Market share 2024-2029 (%)
- Data Table on Vehicle Type - Market share 2024-2029 (%)
10.2 Comparison by Vehicle Type
- Chart on Comparison by Vehicle Type
- Data Table on Comparison by Vehicle Type
10.3 Passenger vehicles - Market size and forecast 2024-2029
- Chart on Passenger vehicles - Market size and forecast 2024-2029 ($ billion)
- Data Table on Passenger vehicles - Market size and forecast 2024-2029 ($ billion)
- Chart on Passenger vehicles - Year-over-year growth 2024-2029 (%)
- Data Table on Passenger vehicles - Year-over-year growth 2024-2029 (%)
- 2 wheelers - Market size and forecast 2024-2029
- Chart on 2 wheelers - Market size and forecast 2024-2029 ($ billion)
- Data Table on 2 wheelers - Market size and forecast 2024-2029 ($ billion)
- Chart on 2 wheelers - Year-over-year growth 2024-2029 (%)
- Data Table on 2 wheelers - Year-over-year growth 2024-2029 (%)
10.5 Light commercial vehicles - Market size and forecast 2024-2029
- Chart on Light commercial vehicles - Market size and forecast 2024-2029 ($ billion)
- Data Table on Light commercial vehicles - Market size and forecast 2024-2029 ($ billion)
- Chart on Light commercial vehicles - Year-over-year growth 2024-2029 (%)
- Data Table on Light commercial vehicles - Year-over-year growth 2024-2029 (%)
10.6 Medium and heavy commercial vehicles - Market size and forecast 2024-2029
- Chart on Medium and heavy commercial vehicles - Market size and forecast 2024-2029 ($ billion)
- Data Table on Medium and heavy commercial vehicles - Market size and forecast 2024-2029 ($ billion)
- Chart on Medium and heavy commercial vehicles - Year-over-year growth 2024-2029 (%)
- Data Table on Medium and heavy commercial vehicles - Year-over-year growth 2024-2029 (%)
10.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by Vehicle Type
- Market opportunity by Vehicle Type ($ billion)
- Data Table on Market opportunity by Vehicle Type ($ billion)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
- 3M Co.
- 3M Co. - Overview
- 3M Co. - Business segments
- 3M Co. - Key news
- 3M Co. - Key offerings
- 3M Co. - Segment focus
- SWOT
14.5 AISIN CORP.
- AISIN CORP. - Overview
- AISIN CORP. - Business segments
- AISIN CORP. - Key news
- AISIN CORP. - Key offerings
- AISIN CORP. - Segment focus
- SWOT
14.6 Akebono Brake Industry Co. Ltd.
- Akebono Brake Industry Co. Ltd. - Overview
- Akebono Brake Industry Co. Ltd. - Business segments
- Akebono Brake Industry Co. Ltd. - Key offerings
- Akebono Brake Industry Co. Ltd. - Segment focus
- SWOT
14.7 BorgWarner Inc.
- BorgWarner Inc. - Overview
- BorgWarner Inc. - Business segments
- BorgWarner Inc. - Key news
- BorgWarner Inc. - Key offerings
- BorgWarner Inc. - Segment focus
- SWOT
14.8 Brembo Spa
- Brembo Spa - Overview
- Brembo Spa - Business segments
- Brembo Spa - Key news
- Brembo Spa - Key offerings
- Brembo Spa - Segment focus
- SWOT
14.9 General Motors Co.
- General Motors Co. - Overview
- General Motors Co. - Business segments
- General Motors Co. - Key news
- General Motors Co. - Key offerings
- General Motors Co. - Segment focus
- SWOT
14.10 Hyundai Motor Co.
- Hyundai Motor Co. - Overview
- Hyundai Motor Co. - Business segments
- Hyundai Motor Co. - Key news
- Hyundai Motor Co. - Key offerings
- Hyundai Motor Co. - Segment focus
- SWOT
14.11 Marelli Holdings Co. Ltd.
- Marelli Holdings Co. Ltd. - Overview
- Marelli Holdings Co. Ltd. - Product / Service
- Marelli Holdings Co. Ltd. - Key news
- Marelli Holdings Co. Ltd. - Key offerings
- SWOT
14.12 Robert Bosch GmbH
- Robert Bosch GmbH - Overview
- Robert Bosch GmbH - Product / Service
- Robert Bosch GmbH - Key news
- Robert Bosch GmbH - Key offerings
- SWOT
14.13 Schaeffler AG
- Schaeffler AG - Overview
- Schaeffler AG - Business segments
- Schaeffler AG - Key news
- Schaeffler AG - Key offerings
- Schaeffler AG - Segment focus
- SWOT
14.14 Stellantis NV
- Stellantis NV - Overview
- Stellantis NV - Business segments
- Stellantis NV - Key news
- Stellantis NV - Key offerings
- Stellantis NV - Segment focus
- SWOT
14.15 Tenneco Inc.
- Tenneco Inc. - Overview
- Tenneco Inc. - Product / Service
- Tenneco Inc. - Key news
- Tenneco Inc. - Key offerings
- SWOT
14.16 The Goodyear Tire and Rubber Co.
- The Goodyear Tire and Rubber Co. - Overview
- The Goodyear Tire and Rubber Co. - Business segments
- The Goodyear Tire and Rubber Co. - Key news
- The Goodyear Tire and Rubber Co. - Key offerings
- The Goodyear Tire and Rubber Co. - Segment focus
- SWOT
14.17 Toyota Motor Corp.
- Toyota Motor Corp. - Overview
- Toyota Motor Corp. - Business segments
- Toyota Motor Corp. - Key news
- Toyota Motor Corp. - Key offerings
- Toyota Motor Corp. - Segment focus
- SWOT
14.18 ZF Friedrichshafen AG
- ZF Friedrichshafen AG - Overview
- ZF Friedrichshafen AG - Business segments
- ZF Friedrichshafen AG - Key news
- ZF Friedrichshafen AG - Key offerings
- ZF Friedrichshafen AG - Segment focus
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations