India Car Finance Market Outlook to FY’2020 – Driven by Spurring Car Sales and Reduction in Average Ownership Period 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 Future growth of India car finance market is expected to be led by improvement in technology for internet and mobile banking and increased car sales of new and pre-owned cars The market leader, HDFC Bank is expected to maintain focus on advancing technology and providing better interest rates and services to its customers to compete with other players in the industry Ken Research has announced its latest publication on India Car Finance Market Outlook to 2020 which provides a comprehensive analysis of the new and pre-owned car finance in India. The report covers various aspects such as market size of India car finance market, segmentation on the basis of online- offline segment, term of the loan, seasonal demand and geography. The report is useful for finance providers such as banks and NBFCs, car manufacturers, dealers of used and new cars, web aggregators and new players venturing in the market. The car finance market in the India has witnessed growth in recent years on account of rising demand for cars fueled by expansion in middle income population of the country and rising personal disposable income. The growth in this segment has been largely led by the factors such as increasing car sales accompanied with reduction in average ownership period. The car finance market in India is comprised of large finance provides such as HDFC Bank which provide highly competitive interest rates for both savings and financing options with a variety of internet banking and mobile banking services. The India car finance market loan disbursements have grown at a CAGR of 13.2% from FY’2010-FY’2015. According to the research report, the India car finance market in terms of loan disbursement will grow at a considerable CAGR rate thus exceeding INR 1,858 Billion by FY’2020 due to the increasing number of car sales, ability of customers to utilize financing options, rising awareness about financial operations and advancement in data utilization and technology for reducing risk. “Rising disposable income, boom in middle income population and a reduction in average car ownership period with the ease of obtaining loans will result in increased financing for cars in India. While, intense competition, lack of trust on online segment and limited reach of financiers to the distant areas are few challenges which will affect the growth of this industry in the future”, according to the Research Analyst, Ken Research. Key Topics Covered in the Report: Car Finance Market Size by Loans Disbursed, Number of Cars Financed Market Segmentation by Online- Offline Geography Term of the Loan Seasonal Demand Trends and Development Issues and Challenges SWOT Competition and Market Share Important Mergers and Acquisitions Growth Drivers Government Rules and Regulations Pre-Requisites to Enter the Market Future Outlook Macro Economic Parameters Key Products Mentioned in the Report New car finance: Online and Offline Pre-owned car finance: Online and Offline Companies Covered in the Report HDFC Bank ICICI Bank Kotak Mahindra Bank State Bank of India Axis Bank Magma Finance Reliance Commercial Finance Mahindra Finance Tata Capital Sundaram Finance Related Reports: The US Used Car Market Outlook 2016 – Driven by Late Model Used Cars India Used Car Market Outlook to 2020 – Growing Preference and Emergence of Web Aggregators India Online Loans Market Outlook to 2019 – Industry Transformation by the Advent of Web Aggregators Contact: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: India Car Finance Market Research Reports, India Car Finance Market Size, India Car Finance Market Value Chain Analysis, India New Car Finance Market Research Reports, India New Car Finance Market Size, India Pre-owned Car Finance Market Future, India-Pre owned Car Finance Market, SWOT Analysis of India Car Finance Industry