Online portals are a fast emerging concept in the used passenger car market. It has been witnessing various developments on account of factors like increasing urbanization, rising income levels, and launch of new models which are encouraging people to change their cars more frequently than before. Some of the key highlights of the report are:
– Small car segment to dominate India’s second hand car market.
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior.
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Original Equipment Manufacturers to venture into China Blood Bag Suppliers the used car business.
– Used car market in India is expected to grow at a CAGR of around 22% during 2011-2014.
Providing an insight into the competitive landscape, the report also discusses the profiles of key players in the market. The used car market has emerged as the most vibrant and transforming segment of the Indian automobile industry. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
Research Analysis and Highlights
The concise report by RNCOS on the Indian used car market comprehensively analyzed the emerging trends which are expected to prevail in near future. The cutting-edge market intelligence is expected to help the intending clients make the sound investment decisions. According to a new research report by RNCOS, “Used Car Market in India”, online portals, and the entry of Original Equipment Manufacturers and international luxury car makers in the used car business are the emerging trends in the market. The study also evaluates various strategies adopted by the players that are likely to boost the used car market in India. This is expected to help clients understand the present developments in the used car market and its future outlook.
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