The government policies have been conducive yet stringent to encourage the sales of commercial vehicles in the region, in order to meet the rising demand from logistics, ecommerce, and construction sectors, as well as focusing more on emission norms and safety systems. The capital requirements are high for new entrants to enter the market, as the market is majorly tapped by the Japanese, Chinese, and European manufacturers, and are competing aggressively to gain competitive advantage. Access to distribution channels are moderate as the market is concentrated with new and used vehicle sales of existing brands with competitive pricing. New entrant’s strategy to launch commercial vehicles with perceived level of product differentiation remains low, as it incurs additional costs to exceed the features offered by major players.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. MARKET OVERVIEW

4. MARKET DYNAMICS

5. MARKET SEGMENTATION AND ANALYSIS (MARKET SIZE, GROWTH, AND

FORECAST)

6. REGIONAL MARKET ANALYSIS (MARKET SIZE, GROWTH, AND FORECAST)

7. COMPETITIVE LANDSCAPE

8. COMPANY PROFILES

9. DISCLAIMER