India Used Car Market Outlook to 2020 – Growing Preferences and Emergence of Online Web Aggregators REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit –India Used Car Market is estimated to record around INR 1.5 billion revenues by FY’2020. -Future Growth of Used Car Market is expected to be led by emergence of web aggregators and rise in preferences towards used car -In the Used Car Market, the market has been dominated by Maruti True Value, while in the online used car market; Car Dekho has subjugated the online used car market. Ken Research announced its latest publication on “India Used Car Market Outlook to 2020” which provides a comprehensive analysis of the used car sales in India through online and offline means. The report first analyzes the market of used car in detail, with major segmentation of distribution channels, marketing channels and by demand from major cities. On the competition front, market share of major players in the used car market with detailed company profile has been presented. On the other side, online used car market has been presented with a focus on the positioning of major online web aggregators in the market, with detailed company profile. The report also shed light on the market size of online used car market. The report also includes Macroeconomic factors which have been analyzed to determine the future prospects of the Industry. The report will help car dealers as well as online car web aggregators, car manufacturers, retailers, and other stakeholders to align their market centric strategies. India’s used car market has been subject to several changes over the years due to the entrance of new players and as a result, there has been a shift in the way this market has been functioning. In other words, the used car market at present is more customer-oriented than it was a decade ago. Being more customer-oriented is also working in favor of the sellers which can be seen in the form of higher sales by volume and revenue generated in the recent years. The used cars market has also penetrated to the tier 2 and tier 3 cities and the market size in terms of revenue was INR ~ billion in FY’2015 and this value is expected to grow further in the next few years with the online players increasing their presence in the market and the changing outlook of the people towards second hand cars. The online used car market has emerged as a result of the popularity of e-commerce not only in India but in almost every East Asian and South East Asian country. Electronic or e-commerce consists of all those commercial activities which are conducted by the use of computer network and that of information technology such as Electronic Data Interchange (EDI) and it basically involves the buying and selling of goods and services over the World Wide Web (www). According to the research report, the used car market will grow at a considerable CAGR rate to reach INR 1.5 billion by 2020 due to the increasing number of car dealers and preferences for used cars in India. “Easy access to high-speed internet and therefore, availability of nearly perfect information about the used cars has also led to a decline in the ‘search costs’ for the buyer, which is the main reason why people are increasingly willing to buy or sell cars on the web”, according to the Research Associate, Ken Research. Key Topics Covered in the Report: Used Car Market – Market Size by Value, Volume – Market Segmentation by – Organizational Structure – Types of Cars – Distribution Channels – Marketing Channels – Major Cities – Trends and Development – SWOT – Competition and Market Share – Growth Drivers – Future Outlook – Macro Economic Parameters Online Used Car Market – Market Size by Value – Business Model – Consumer Profiles – Market Share of Online Used Car Web Aggregators (Carwale.com, Cartrade.com, Cardekho.com, Zigwheels.com, Olx, Quikr) – Future Outlook Key Products Mentioned in the Report – Used Car – Online Auto Portals Companies Covered in the Report – Used Car Players: – Maruti True Value – Tata Motors – Mahindra First Choice – Hyundai Advantage – Honda Auto Terrace – Online Used Car Players: – Car Wale.com – Car Trade.com – Car Dekho.com – Zig wheels. Com – Olx – Quikr Related Reports: The US Used Car Market Outlook 2016 – Driven by Late Model Used Cars India Car Rental Market Outlook to 2019 – Rising Online Booking to Drive the Future Growth Source: https://www.kenresearch.com/automotive-transporation-and-warehousing/automotive-and-automotive-components/india-used-car-2015-edition/3-547.html Media Contact Details Ankur Gupta Ken Research Head Marketing & Communications +91 9015378249 Ankur@kenresearch.com Tags: City sales Used Car, Competition Used Car, Growth Driver Challenges Used Car, Growth Market Size Used Car, India Online Auto Portal Used Car, India Trends and Development Used Car, India Used Car Market, India Web aggregators Used Car, Market Prospects India Used Car, Market Research Used Car Size, Market Share Cardekho.com Used Car, Online Used Car Dealers Data, Opportunities Used Car Market, Penetration Used Car India, Second Hand Cars Market India, SWOT Used Car India, Unorganized Used Car Dealers Market, Used Car Customer Profile, Used Car Dealers Industry, Used Car Industry Research Report, Used Car Sales India