Report Description

Telangana small commercial vehicle market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of expanding second hand small commercial vehicle industry in the state. Also, growing Indian automotive industry is further driving the growth of the Telangana small commercial vehicle market in the upcoming five years. Moreover, increasing logistic services in the state, and rising demand for the transportation of the material for short distances further supports the growth of the Telangana small commercial vehicle market in the next five years.

Small commercial vehicles are usually the four-wheeler or three-wheeler, smaller transportation units, that can be either petrol/gas powered, or battery powered vehicles. The small commercial vehicle finds it application majorly in the transportation as well as for delivery services. The category of these vehicles is majorly characterized as sub 1000cc engine and that weighs less than 3.5 tons. This standardization is strictly followed in all states of India. The small commercial vehicles like mini trucks, and small vans are cost efficient, durable, and follow all the new pollution control laws, over the large commercial vehicles.

Electric Commercial Vehicles Drive Market Growth

Technological advancement in the small commercial vehicles is a major factor driving the growth of the Telangana small commercial vehicle market in the upcoming five years. Consistent research and increased investment in the sector are further facilitating the growth of the Telangana small commercial vehicle market in the next five years. Market players in the state like Hyderabad Allwyn limited and HMT bearings have established their roots in the state and thus the financial investment in the research and product development is convenient and supports the market growth.

Rising awareness among the population and government regarding the environment degradation and ozone depletion due automotive exhausts is driving the demands for electric vehicles. With the market flooding with the electronic three-wheelers, the growth of the market is experienced. Stable shift from ICE engines to electric engines with advanced technologies that lower the concentrations of toxic exhaust from the air satisfies the demand.

Government Schemes Facilitate Market Growth

State government of Telangana is actively invested in the expansion of automotive industry in the state. The government understands electric vehicle adoptions and the benefits of shift from ICE engines to electric engines. By implementing the central government schemes and with the help from the global market players of electric vehicles to install electric charging infrastructures, is further facilitating the growth of the Telangana small commercial vehicle market in the upcoming five years. Higher production of the small commercial vehicle is further supported by the growing sales of the small commercial vehicles in the state.

In 2021, around 20.82 thousand units of small commercial vehicles were sold in Telangana. With rationalized electricity tariffs to incentivize the users and charging station operators in the state, the government is further supporting the growth of the Telangana small commercial vehicle market in the next five years.


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Market Segmentation

The Telangana small commercial vehicle market is segmented by vehicle tonnage, industry, propulsion, competitional landscape, and regional distribution. Based on vehicle tonnage, the market is further segmented into less than 1 ton, 1 - 2 ton, and 2 - 3 ton. By industry, the market is fragmented into E-commerce, FMCG, pharma, electronics, construction, agricultural, hospitality, forestry, oil & gas, and others. Based on propulsion, the market is differentiated between ICE and electric. The market analysis also studies the top 5 cities analysis, that are Hyderabad, Warangal, Nizamabad, Karimnagar, Mahbubnagar.  

Company Profile

Lohia Auto Industries, Tata Motors Limited, Ashok Leyland Limited, Atul Auto Limited, Piaggio Vehicles Pvt. Ltd. (PVPL), Mahindra & Mahindra Ltd., Bajaj Auto Ltd., TVS Motor Company, Isuzu Motors Telangana Private Limited, Saera Electric Auto Pvt. Ltd., among others is a partial list of major market players of the companies responsible for the growth of Telangana small commercial vehicle market.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Vehicle Tonnage

·         Industry

·         Propulsion

Cities scope

Hyderabad, Warangal, Nizamabad, Karimnagar, Mahbubnagar, rest of Telangana.

Key companies profiled

Lohia Auto Industries, Tata Motors Limited, Ashok Leyland Limited, Atul Auto Limited, Piaggio Vehicles Pvt. Ltd. (PVPL), Mahindra & Mahindra Ltd., Bajaj Auto Ltd., TVS Motor Company, Isuzu Motors Telangana Private Limited, Saera Electric Auto Pvt. Ltd.

Customization scope

10% free report customization with purchase. Addition or alteration to cities & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Telangana small commercial vehicle market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Telangana Small Commercial Vehicle Market, By Vehicle Tonnage:
    • Less Than 1 ton
    • 1 - 2 Ton
    • 2 - 3 Ton
  • Telangana Small Commercial Vehicle Market, By Industry:
    • E-commerce
    • FMCG
    • Pharma
    • Electronics
    • Construction
    • Agricultural
    • Hospitality
    • Forestry
    • Oil & Gas
    • Others
  • Telangana Small Commercial Vehicle Market, By Propulsion:
    • ICE
    • Electric
  • Telangana Small Commercial Vehicle Market, By Top 5 Cities:

o   Hyderabad

o   Warangal

o   Nizamabad

o   Karimnagar

o   Mahbubnagar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Telangana small commercial vehicle market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Telangana Small Commercial Vehicle Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.     Product Overview

2.     Research Methodology

3.     Executive Summary

4.     Impact of COVID-19 on Telangana Small Commercial Vehicle Market

5.     Voice of Customers

5.1.   Factors Influencing Purchase Decision

5.2.   Brand Recall

5.3.   Brand Satisfaction Level

6.     Telangana Small Commercial Vehicle Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value & Volume

6.2.   Market Share & Forecast

6.2.1. By Vehicle Tonnage (Less Than 1 ton, 1 - 2 Ton, and 2 - 3 Ton)

6.2.2. By Industry (E-commerce, FMCG, Pharma, Electronics, Construction, Agricultural, Hospitality, Forestry, Oil & Gas, and Others)

6.2.3. By Propulsion (ICE and Electric)

6.2.4. By Top 5 Cities

6.2.5. By Company (2021)

6.3.   Market Map (By Vehicle Tonnage, By Industry, By Propulsion, and By Region)

7.     Telangana Less Than 1 Ton Small Commercial Vehicle Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume

7.2.   Market Share & Forecast

7.2.1. By Industry

7.2.2. By Propulsion

7.3.   Market Map (By Industry)

8.     Telangana 1-2 Ton Small Commercial Vehicle Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

8.2.   Market Share & Forecast

8.2.1. By Industry

8.2.2. By Propulsion

8.3.   Market Map (By Industry)

9.     Telangana 2-3 Ton Small Commercial Vehicle Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

9.2.   Market Share & Forecast

9.2.1. By Industry

9.2.2. By Propulsion

9.3.   Market Map (By Industry)

10.  Market Dynamics

10.1. Drivers

10.2. Challenges

11.  Market Trends and Developments

12.  Pricing Matrix

13.  Competitive Landscape

13.1.  Lohia Auto Industries 

13.2. Tata Motors Limited   

13.3. Ashok Leyland Limited           

13.4. Atul Auto Limited        

13.5. Piaggio Vehicles Pvt. Ltd. (PVPL)        

13.6. Mahindra & Mahindra Ltd       

13.7. Bajaj Auto Ltd.

13.8. TVS Motor Company  

13.9. Isuzu Motors Telangana Private Limited          

13.10.   Saera Electric Auto Pvt. Ltd

 14. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Telangana small commercial vehicle market is anticipated to grow with an impressive CAGR during the forecast period, 2023-2027, on account of increasing demands for transportation services.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Being responsible for the due growth of the market, some of the leading players of the Telangana small commercial vehicle market were Lohia Auto Industries, Tata Motors Limited, Ashok Leyland Limited, Atul Auto Limited, Piaggio Vehicles Pvt. Ltd. (PVPL), among others.

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Telangana small commercial vehicle market was analyzed for the historical period of 2017 to 2020. While the base year was 2021, estimation for the year 2022 was calculated and the market growth was further forecast for 2023 to 2027.

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Srishti Verma

Business Consultant
Press Release

Telangana Small Commercial Vehicle Market to Grow With Impressive CAGR until 2027

Apr, 2022

Telangana Small Commercial Vehicle Market is anticipated to grow with increasing sales, in the forecast period, 2023-2027F.