India $ 60 Billion Auto Mortgage Market, Competitors, Forecast and Alternative, Fiscal Yr 2026
“Auto mortgage market in India, by kind (new automotive and used automotive), by automotive kind (SUV; hatchback; and sedan), by supply (OEM; financial institution; and non-bank finance firm (NBFC)), by share of The report “Quantity sanctioned, by metropolis kind, by tenure, competitors, forecasts and alternatives, fiscal yr 2026” has been added to ResearchAndMarkets.com from supply.
The Indian auto mortgage market is anticipated to develop at a CAGR of over 8% in worth and attain USD 60 billion by FY2026.
The auto mortgage market in India is anticipated to develop at a gradual charge throughout the forecast interval owing to the rise in disposable revenue and the rise in car possession.
As well as, the shift from combustion engine autos to electrical autos, product launches, authorities subsidies for the acquisition of electrical autos, and excessive car alternative charge are driving automotive gross sales in India, which due to this fact stimulates the Indian auto mortgage market.
The auto mortgage market in India will be segmented on the idea of kind, kind of automotive, supply, share of quantity sanctioned, kind of metropolis, tenure regime and area. When it comes to automotive kind, the market will be segmented into SUVs, sedans and sedans. The sedan is the dominant kind of automotive within the nation and the development can also be anticipated to proceed within the years to return. This is because of its benefits like driving consolation, security and diminished noise and vibration in comparison with different counterparts in the identical phase.
Giant corporations providing automotive loans in India are categorized as banks, authentic gear producers (OEMs) or non-bank finance corporations (NBFCs). OEMs supply varied credit score preparations to draw extra patrons and debtors and supply loans based mostly on particular person wants for purchasing vehicles within the nation. Among the banks providing auto loans embrace State Financial institution of India, HDFC Financial institution, ICICI Financial institution, Axis Financial institution, and so on.
Private and non-private sector banks are the primary dominators over NBFC and OEMs resulting from a big buyer base, higher customer support and aggressive pricing. Nonetheless, the presence of NBFCs in non-metropolitan and rural areas has helped to extend the market share of NBFCs in recent times.
Key target market:
Producers, distributors and finish customers
Market analysis and consulting corporations
Authorities our bodies reminiscent of regulatory authorities and coverage makers.
Automobile mortgage organizations, boards and alliances.
Years thought of for this report:
Important subjects coated:
1. Product overview
2. Analysis methodology
3. Influence of COVID-19 on the auto mortgage market in India
4. Govt abstract
5. Voice of the shopper
6. India Auto Mortgage Market Outlook
6.1. Market dimension and forecast
6.1.1. By worth
6.2. Market share and forecasts
6.2.1. By kind (new automotive; used automotive)
6.2.2. By kind of automotive (SUV; Hatchback; Sedan)
6.2.3. By supply (OEM; Financial institution; Non-bank finance firm (NBFC))
6.2.4. By share of the sanctioned quantity (as much as 25%; 25-50%; 51-75%; above 75%)
6.2.5. By metropolis kind (stage 1; stage 2; stage 3; stage 4)
6.2.6. By seniority (lower than 3 years; 3-5 years; greater than 5 years)
6.2.7. By area (North, South, East, West)
6.2.8. By firm (2020)
6.3. Product market map (area, kind and by kind of automotive)
7. North India Auto Mortgage Market Outlook
7.1. Market dimension and forecast
7.1.1. By worth
7.2. Market share and forecasts
7.2.1. By kind
7.2.2. By kind of automotive
7.2.3. By supply
8. West India Auto Mortgage Market Outlook
8.1. Market dimension and forecast
8.1.1. By worth
8.2. Market share and forecasts
8.2.1. By kind
8.2.2. By kind of automotive
8.2.3. By supply
9. South India Auto Mortgage Market Outlook
9.1. Market dimension and forecast
9.1.1. By worth
9.2. Market share and forecasts
9.2.1. By kind
9.2.2. By kind of automotive
9.2.3. By supply
10. Jap India Auto Mortgage Market Outlook
10.1. Market dimension and forecast
10.1.1. By worth
10.2. Market share and forecasts
10.2.1. By kind
10.2.2. By kind of automotive
10.2.3. By supply
11. Market dynamics
12. Market developments and developments
13. Political and regulatory panorama
14. Financial profile of India
15. Aggressive panorama
15.1. Firm Profile
15.1.1. Firm element
15.1.2. Service prices and costs
15.1.3. Paperwork required for the mortgage
15.1.4. Common mortgage circumstances
15.2. Housing Improvement Finance Company Financial institution
15.3. Industrial Credit score and Funding Company of India Financial institution
15.4. Nationwide Financial institution of India
15.5. Kotak Mahindra Prime Ltd.
15.6. Axis Financial institution
15.7. Toyota Monetary Providers India Ltd.
15.8. IDFC FIRST Financial institution
15.9. Mahindra & Mahindra Monetary Providers Restricted
15.10. Shriram Transport Finance Co. Ltd.
15.11. Tata Engines
16. Strategic suggestions
For extra info on this report, go to https://www.researchandmarkets.com/r/2bgd8l
See the supply model on businesswire.com: https://www.businesswire.com/information/residence/20210309005646/en/
Laura Wooden, Senior Press Officer
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