India EV Components Market 2024-2030
  • CHOOSE LICENCE TYPE
Consulting Services
    How will you benefit from our consulting services ?

India EV Components Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

INDIA EV COMPONENTS MARKET

 

INTRODUCTION

Sales of electric vehicles components are increasing, thanks to the expansion of the electric vehicle component market in India are the rising use of electric cars and government activities in support of them, such as tax exemptions, refunds on purchases, and financial incentives.

 

Infographic: INDIA EV Components Market, INDIA EV Components Market Size, INDIA EV Components Market Trends, INDIA EV Components Market Forecast, INDIA EV Components Market Risks, INDIA EV Components Market Report, INDIA EV Components Market Share

 

Additionally, rising fuel prices, the quick depletion of fossil fuels, environmental deterioration brought on by CO2 emissions, and rising environmental consciousness among consumers will all further support the demand for electric vehicles, which in turn will fuel the demand for electric vehicle components in India.

INDIA EV COMPONENTS MARKET SIZE AND FORECAST

 

The India EV Components Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030

 

INDIA EV COMPONENTS MARKET DYNAMICS

Toyota intends to use India as a manufacturing base for EV parts in order to fulfil domestic demand as well as for sale to Japan and several ASEAN nations.

 

Toyota Motor Corp intends to turn India into a hub for the production of electric car parts in order to fulfil domestic demand as well as exports to Japan and several ASEAN nations.

 

The automaker intends to begin by manufacturing e-drives, or electric powertrain components, for various electric vehicle types, such as battery EVs, plug-in hybrids, and other hybrid vehicles.

 

INDIA EV COMPONENTS MARKET NEW PRODUCT LAUNCH

Pinnacle Industries, the nation's top producer of automotive interiors, seating systems, and specialty cars, has launched a line of precise electric vehicle components for 2 and 3-wheelers in an effort to increase the viability of electric vehicles in India.

 

With specialized knowledge in designing, developing, assembling, and producing parts for electric mobility applications in Pithampur and Pune Pinnacle Industries will produce and market precision electric vehicle components, including sheet metal and tubular pipe components, body parts, seats, and battery packs for 2W/3W, certified by ISO/TS 16949, ISO 14001, and OHSAS 18001, for leading global brands.

 

INDIA EV COMPONENTS MARKET COMPANY PROFILE

 

THIS INDIA EV COMPONENTS MARKET REPORT WILL ANSWER THE FOLLOWING QUESTIONS

  1. How many EV Components are manufactured per annum in India? Who are the sub-component suppliers in this region?
  2. Cost breakup of a India EV Components and key vendor selection criteria
  3. Where are the EV Components manufactured? What is the average margin per unit?
  4. Market share of India EV Components market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture India EV Components in-house
  6. key predictions for next 5 years in India EV Components market
  7. Average B-2-B EV Components market price in all segments
  8. Latest trends in EV Components market, by every market segment
  9. The market size (both volume and value) of the EV Components market in 2024-2030 and every year in between?
  10. Production breakup of EV Components market, by suppliers and their OEM relationship
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix