India Electric Vehicles Market is one of the Most Opportunistic Future EV Markets

New York, USA, 2018-Sep-27 — /EPR Network/ —According to Goldstein Research, government initiative and policies to support the deployment and adoption of the electric vehicle across the country will be the major factor for the growth of electric vehicles market in India. India electric vehicle market analysis also includes product innovation, technological advancements, and acquisitions as the key competitive strategies adopted by the major players in the automotive electric vehicle market. Moreover, India is now targeting deployment of 6-7 million of electric vehicles by 2020 under the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) scheme. According to our analyst, India electric vehicles market is projected to register a CAGR of 100% during the forecast period i.e. 2016-2024.

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Market Segmentation

On the basis of our in-depth analysis, India Electric Vehicle Market can be segmented as follows:

By Technology Type

  • Hybrid Electric Vehicles
  • Battery Electric Vehicles

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Two Wheelers
  • E-Rickshaws

By Geography

  • Tier- I Cities Electric Vehicle Market
  • Tier- II Cities Electric Vehicle Market
  • Tier- III Cities Electric Vehicle Market

“India Electric Vehicle Market Outlook 2024” contains detailed overview of the India electric vehicle market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology and by vehicle type.

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Further, for the in-depth analysis, India Electric Vehicle Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Toyota, Maruti Suzuki, Mahindra Motors, BMW, Tata Motors, Lohia Auto Industries, Heroelectric, BSA Motors etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the India electric vehicle market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market centric approaches according to the ongoing and expected trends in the future.

Key queries countered in this India electric vehicle market report

  • What is the India electric vehicle market size by 2024 and what would be the expected growth rate of sales?
  • What are the electric vehicle market trends?
  • What are the dynamics which are driving this market?
  • What are the major barriers to electric vehicle market growth?
  • Who are the prominent vendors in this market space?
  • What are the market prospects for the current and entry level players?

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on automotive industry market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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sales@goldsteinresearch.com

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