DUBLIN–(BUSINESS WIRE)–The “Digitalization Powering Innovative Mobility Solutions in India” report has been added to ResearchAndMarkets.com’s offering.
This Growth Opportunity study seeks to analyze the various trends shaping the Indian automotive space and how that is giving rise to innovative transport models, transforming the way people commute. Some of these transformations can be largely attributed to the Government of India (GOI)’s thrust to more sustainable solutions in the country. The GOI’s 3-fold strategy shared infrastructure, system integration, and scaled manufacturing has encouraged a whole set of shared, connected, and electric solutions in India.
The study elaborates the opportunities for integrated solutions such as car sharing, ride hailing, and micro mobility via use cases. Another area covered is connected mobility, which is gaining traction. Increase in data traffic and connected devices are nurturing innovative solutions driven by major OEMs, which are providing end users with a host of smart solutions ranging from vehicle tracking, emergency assistance, and navigation to other related features.
While there is a lot of hype surrounding integrated and connected solutions, alternative models such as leasing and subscription-based solutions are gaining momentum in India. These solutions translate to a very small percentage of the overall market. However, with the COVID-19 pandemic disrupting the market, leasing and subscription-based solutions are likely to garner a lot more market penetration in the short run.
With the GOI looking at 30% electrification by 2030, there would be more traction for electric vehicles (EVs). The study explores the opportunities for Evs, covering the market potential, the potential infrastructure spends pertaining to battery and charging, and the regulations that govern EV adoption. The market for eCars, eLCVs and eAutos is expected to experience major growth in the next 7 years, with the last-mile connectivity modes (such as eAuto) set to be fully electrified by 2030, due to a combination of lower ownership costs and regulatory intervention.
While there is no much scope for autonomous solutions in India in the immediate future, the study shows potential scenarios beyond 2030, when mass market OEMs are likely to start offering safety-driven L1 features.
The study concludes by discussing the implications of the pandemic’s disruption on the automotive industry. This covers the short-term impacts, the challenges faced by various segments/stakeholders of the industry, the measures taken, and the new opportunities arising from such a situation.
Key Issues Addressed
Key Topics Covered:
1. Executive Summary
2. Research Scope and Objectives
3. Trends Driving Innovative Mobility Solutions in India
4. New Mobility Solutions Driving Indian Market
5. Connected Mobility – The Next Big Thing
6. India’s Push for Multi-modal Transport Solutions
7. Emerging Subscription and Leasing Models
8. Electric Solution Push
9. Beyond 2040 – Autonomous
10. COVID-19 Impact on the Automotive Market
11. Growth Opportunities
12. Conclusions
For more information about this report visit https://www.researchandmarkets.com/r/uil8k4
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