india automotive spark plug market forecast and opportunities, 2019

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

India Automotive Spark Plug Market Forecast & Opportunities , 2019

T a b l e o f C o n t e n t s

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1. Research Methodology

2. Market Segmentation and Product Categorization

3. Analyst View

4. India Automotive Components Industry Overview

5. India Automotive Spark Plug Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.1.2. By Volume

5.2. Market Share & Forecast

5.2.1. By Region

5.2.2. By Vehicle Type

5.2.3. By Company

5.2.4. By Type (Copper, Platinum & Iridium)

6. India Passenger Car Spark Plug Market Outlook


6.1.1. By Value

6.1.2. By Volume



7. India Three-Wheeler Spark Plug Market Outlook


7.1.1. By Value

7.1.2. By Volume


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8. India Two-Wheeler Spark Plug Market Outlook


8.1.1. By Value

8.1.2. By Volume



9. India Automotive Spark Plug Trade Analysis

9.1. Import Analysis

9.1.1. By Value

9.1.2. By Volume

9.2. Export Analysis

9.2.1. By Value

9.2.2. By Volume

10. Value Chain Analysis

11. India Automotive Spark Plug Market Dynamics

11.1. Growth Drivers

11.2. Challenges

12. Policy & Regulatory Landscape

13. India Automotive Spark Plug Market Trends & Developments

13.1. Iridium & Platinum Spark Plug

13.2. Automobile Sales & Production Scenario


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13.3. Twin Spark Plug

13.4. Lasers to Replace Spark Plugs in Passenger Cars

14. India Economic Outlook

15. Competitive Landscape

15.1. Bosch Limited

15.2. NGK Spark Plugs (India) Pvt. Ltd.

15.3. Federal-Mogul Goetze (India) Limited

15.4. Denso India Limited

16. Strategic Recommendations

17. About Us & Disclaimer

L i s t o f F i g u r e s

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• Figure 1: India Automotive Components Market Size, By Value, 2009 – 2013 (USD Billion)

• Figure 2: India Automotive Spark Plug Market Size, By Value, 2009 – 2013 (USD Million)

• Figure 3: India Automotive Spark Plug Market Size, By Value, 2014E – 2019F (USD Million)

• Figure 4: India Automotive Spark Plug Market Size, By Volume, 2009 – 2013 (Million Units)

• Figure 5: India Automotive Spark Plug Market Size, By Volume, 2014E – 2019F (Million Units)

• Figure 6: India Automotive Spark Plug Market Share, By Region, By Volume, 2013 & 2019F

• Figure 7: India Spark Plug Market Share, By Vehicle Type, By Volume, 2013

• Figure 8: India Spark Plug Market Share, By Vehicle Type, By Volume, 2019F

• Figure 9: India Spark Plug Market Share, By Company, By Volume, 2013

• Figure 10: India Spark Plug Market Share, By Company, By Volume, 2019F

• Figure 11: India Spark Plug Market Share, By Type, By Volume, 2013

• Figure 12: India Spark Plug Market Share, By Type, By Volume, 2019F

• Figure 13: India Passenger Car Spark Plug Market Size, By Value, 2009 – 2013 (USD Million)

• Figure 14: India Passenger Car Spark Plug Market Size, By Value, 2014E – 2019F (USD Million)

• Figure 15: India Passenger Car Spark Plug Market Size, By Volume, 2009 – 2013 (Million Units)

• Figure 16: India Passenger Car Spark Plug Market Size, By Volume, 2014E – 2019F (Million Units)

• Figure 17: India Passenger Car Spark Plug Market Share, By Vehicle Type, By Volume, 2013

• Figure 18: India Passenger Car Spark Plug Market Share, By Vehicle Type, By Volume, 2019F

• Figure 19: India Three-Wheeler Spark Plug Market Size, By Value, 2009 – 2013 (USD Million)

• Figure 20: India Three-Wheeler Spark Plug Market Size, By Value, 2014E – 2019F (USD Million)

• Figure 21: India Three-Wheeler Spark Plug Market Size, By Volume, 2009 – 2013 (Million Units)

L i s t o f F i g u r e s

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• Figure 22: India Three-Wheeler Spark Plug Market Size, By Volume, 2014E – 2019F (Million Units)

• Figure 23: India Three-Wheeler Spark Plug Market Share, By Vehicle Type, By Volume, 2013

• Figure 24: India Three-Wheeler Spark Plug Market Share, By Vehicle Type, By Volume, 2019F

• Figure 25: India Two-Wheeler Spark Plug Market Size, By Value, 2009 – 2013 (USD Million)

• Figure 26: India Two-Wheeler Spark Plug Market Size, By Value, 2014E – 2019F (USD Million)

• Figure 27: India Two-Wheeler Spark Plug Market Size, By Volume, 2009 – 2013 (Million Units)

• Figure 28: India Two-Wheeler Spark Plug Market Size, By Volume, 2014E – 2019F (Million Units)

• Figure 29: India Two-Wheeler Spark Plug Market Share, By Vehicle Type, By Volume, 2013

• Figure 30: India Two-Wheeler Spark Plug Market Share, By Vehicle Type, By Volume, 2019F

• Figure 31: India Automotive Spark Plug Imports, By Value, 2009 – 2014(Apr-Aug) (USD Million)

• Figure 32: India Automotive Spark Plug Imports, By Volume, 2009 – 2014(Apr-Aug) (Million Units)

• Figure 33: India Automotive Spark Plug Exports, By Value, 2009 – 2014(Apr-Aug) (USD Million)

• Figure 34: India Automotive Spark Plug Exports, By Volume, 2009 – 2014(Apr-Aug) (Million Units)

• Figure 35: India Automotive Spark Plug Value Chain

L i s t o f T a b l e s

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• Table 1: Prominent Players in India Automotive Components Industry, By Product Segment

• Table 2: India Automotive Spark Plug WASP, 2013 & 2019F (USD)

• Table 3: India Vehicle Production & Y-O-Y Growth Rate, By Segment, By Volume, 2009 – 2013 (Units)

• Table 4: India Petrol Run Vehicle Production & Y-O-Y Growth Rate, By Segment, By Volume, 2009 – 2013

(Units)

• Table 5: India New Vehicle Sales & Y-O-Y Growth Rate, By Segment, By Volume, 2009 - 2013 (Units)

• Table 6: India Vehicle Fleet Size & Y-O-Y Growth Rate, By Segment, By Volume, 2009 - 2013 (Units)

• Table 7: India Two-Wheeler Sales, By Category, By Volume, 2009 - 2013

• Table 8: India Automotive Spark Plug Imports, By Country, By Value, 2012 & 2013 (USD Million)

• Table 9: India Automotive Spark Plug Imports, By Country, By Volume, 2012 & 2013 (Million Units)

• Table 10: India Automotive Spark Plug Exports, By Country, By Value, 2012 & 2013 (USD Million)

• Table 11: India Automotive Spark Plug Exports, By Country, By Volume, 2012 & 2013 (Million Units)

• Table 12: Bosch Limited (India), Financial Details, 2013 & 2012 (USD Million)

• Table 13: Bosch Limited (India), Balance Sheet, 2013 & 2012 (USD Million)

• Table 14: NGK Spark Plug Co., Ltd., Global Financial Details, 2013, 2014 & 2015F (USD Million)

• Table 15: NGK Spark Plug Co., Ltd., Global Balance Sheet, 2013 & 2014 (USD Million)

• Table 16: Denso India Limited, Balance Sheet, 2014 & 2013 (USD Million)

R e s e a r c h M e t h o d o l o g y

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Baseline Methodology :

For the study, TechSci Research has gathered information through primary research surveys with leading spark

plug manufactures and suppliers in India, and subsequently, verified the information from major distributors of

automobile spark plugs in the country. We also put through an exhaustive search of credible paid databases such

as Business Week, Factiva, Hoovers, etc. including our internal database. Our team of analysts has then prudently

evaluated all the collected information and presented them in chronological order to depict a meaningful and clear

picture of the Spark Plug Market in India.

While compiling the data, we have also cross checked all the collected information from multiple sources and data

warehouses, so as to present the most accurate and precise information of the concerned industry.

Sources :

Economic Intelligence Unit (EIU), Hoovers, Business Week, Company Annual Reports, Factiva, One Source,

Company Annual Reports, News Articles, etc.

Companies Interviewed Top companies interviewed: Bosch, NGK, Denso, Champion, etc.

Automotive Component

Growth drivers

XXXXX indomestic automotiveindustry

• XXXXX special autoparks and XXXX SEZsfor auto components

• XXXXX excise duty onspecific hybrid vehiclecomponents

• Market XXXXX• XXXXX nature of

industry facilitatedoutsourcing model

• XXXXX shift• Focus on XXXX

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Source: XXXXXX Note: These are dummy figures; please purchase our report for actual data

[CAGR X%]

© TechSci Research

Figure 1: India Automotive Components Market Size,

By Value, 2009–2013 (USD Billion)Automotive components industry in India

registered a CAGR of over X% during 2009-

13.

The market was worth around USD XXX billion

in 2009 and XXXX by about USD XXX billion to

reach USD XXX billion by the end of 2013.

10

20

30

40

50

2009 2010 2011 2012 2013

Drivers for Automotive Components Industry

Demand SideDrivers

Supply SideDrivers

Policy Support

I n d i a A u t o m o t i v e C o m p o n e n t s I n d u s t r y S i z e – B y V a l u e

I n d i a A u t o m o t i v e S p a r k P l u g M a r k e t S i z e – B y V o l u m e

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During 2009-13, automotive spark plug market in India witnessed a CAGR of X%, in volume terms, reaching about

XXX million units by the end of 2013.

In 2012, production of petrol run passenger cars and petrol run three-wheelers in the country XXXXX Y-o-Y by X%

and X%, respectively. As a result, OEM demand for automotive spark plugs also XXXXX in the same year. As Y-o-Y

production of petrol run passenger cars XXXXX by X% in 2013, the market for OEM automotive spark plugs also

XXXXX to XXX million units in that year compared to XXX million units in previous year.

Two-wheeler is the XXXXX contributing segment in the country’s automotive spark plug market, XXXXX by

passenger car and three-wheeler spark plug segments. XXXXX two-wheeler demand in India is also one of the key

reasons for XXXXX in the country’s automotive spark plug market during the past five years.


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Figure 2: India Automotive Spark Plug Market Size, By Volume, 2009–2013 (Million Units)

10.0020.00

30.0040.00

50.00

5.00

10.00

15.00

20.00

25.00

2009 2010 2011 2012 2013

OEM SalesReplacement Sales[CAGR X%]

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Vehicle

Segment2009 2010 2011 2012 2013

Passenger Cars

XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Three –Wheelers

XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Two-Wheelers XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Total Production

XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Table 1: India Vehicle Production & Y-O-Y Growth Rate, By Segment, By Volume, 2009–2013 (Units)

Source: XXXXXX


Table 2: India Petrol Run Vehicle Production & Y-O-Y Growth Rate, By Segment, By Volume,

2009–2013 (Units)

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Source: XXXXXX

Vehicle

Segment2009 2010 2011 2012 2013

Passenger Cars

XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Three -Wheelers

XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%


Y-o-Y (%) X% X% X% X%

Total Production

XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%


13

Automotive spark plug market in India is forecast to XXXX at X%, in volume terms, during 2014-19 to reach an

estimated XXX million units by the end of 2014. Key reasons for XXXX during the forecast period include

consistent XXXX in volume sales of new vehicles in the past five years and XXXX production of automobiles in the

country. In 2009, a total of XXX passenger car, three-wheeler and two-wheeler units were sold in India, which

XXXX by about XXX units to reach XXX units in 2013.

During 2009-13, a total of XXX new vehicle units, comprising passenger cars, three-wheelers and two-wheelers,

were XXXX to the country’s automotive fleet size. Anticipated XXXXX in automobile production XXXXX with rapidly

XXXXX fleet size is expected to keep the Indian automotive spark plug market XXXXX at a XXXX rate during the

forecast period, to XXXXX the XXX million unit mark by 2019.


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Figure 3: India Automotive Spark Plug Market Size, By Volume, 2014E–2019F (Million Units)

20.0040.00

60.0080.00

100.00120.00

10.00

20.00

30.00

40.00

50.00

60.00

2014E 2015F 2016F 2017F 2018F 2019F

OEM Sales

Replacement Sales[CAGR X%]


188,158205,334189,503189,949185,427

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Vehicle Segment 2009 2010 2011 2012 2013

Passenger Cars XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Three - Wheelers XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%


Y-o-Y (%) X% X% X% X%

Total New Vehicle Sales

XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Source: XXXXXX

Table 3: India New Vehicle Sales & Y-O-Y Growth Rate, By Segment, By Volume, 2009 - 2013 (Units)


I n d i a A u t o m o t i v e S p a r k P l u g M a r k e t S h a r e – B y R e g i o n

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© TechSci ResearchSource: XXXXXX

Figure 4: India Automotive Spark Plug Market Share, By Region, By Volume, 2013 & 2019F

East

2013 2019F

X% X%

North

2013 2019F

X% X%

South

2013 2019F

X% X%

West

2013 2019F

X% X%

I n d i a S p a r k P l u g M a r k e t S h a r e – B y V e h i c l e T y p e

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Figure 7: India Spark Plug Market Share, By

Vehicle Type, By Volume, 2013

India automotive spark plug market is XXXXX by the two-wheeler spark plug segment, which held the XXXX

market share of more than X%, in volume terms, in 2013. India had a two-wheeler fleet size of around XXX

million units and witnessed XXX million new two-wheeler unit sales in 2013, which has led to market XXXXX of

the two-wheeler spark plug segment.

In the same year, about XXX million two-wheeler spark plug units were sold in India, with total revenue

generated from two-wheeler spark plug sales reaching around USD XXX million.

Figure 8: India Spark Plug Market Share, By

Vehicle Type, By Volume, 2019F


© TechSci Research

Two-Wheeler,

33.00%

Passenger Car,

33.00%

Three-

Wheeler,

34.00%

Two-Wheeler,

33.00%

Passenger Car,

33.00%

Three-

Wheeler,

34.00%

188,158205,334189,503189,949185,427

I n d i a S p a r k P l u g M a r k e t S h a r e – B y V e h i c l e T y p e

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Vehicle Segment 2009 2010 2011 2012 2013

Passenger Cars XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Three-Wheelers XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%


Y-o-Y (%) X% X% X% X%

Total Vehicles Fleet XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Source: XXXXXX

Table 4: India Vehicle Fleet Size & Y-O-Y Growth Rate, By Segment, By Volume, 2009-2013 (Units)

I n d i a S p a r k P l u g M a r k e t S h a r e – B y C o m p a n y

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Figure 5: India Spark Plug Market Share,

By Company, By Volume, 2013

Indian automotive spark plug market is XXXXX by Bosch Limited Company, which accounted for a market share

of around X%, in volume terms, during 2013. The company provides spark plugs to vehicle manufacturing

companies, such as XXXXX, XXXX, XXXXX, XXXXX, XXXX, XXXXX, XXXX, XXXX, XXXXX, etc.

Figure 6: India Spark Plug Market Share,

By Company, By Volume, 2019F


© TechSci Research

Bosch, 16%

NGK, 16%

Champion,17%

Denso,

17%

Chinese,

17%

Others,

17%Bosch, 16%

NGK, 16%

Champion,

17%

Denso,

17%

Chinese,

17%

Others,

17%

I n d i a S p a r k P l u g M a r k e t S h a r e – B y T y p e

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Figure 7: India Spark Plug Market Share, By Type,

By Volume, 2013

Copper, platinum and iridium based spark plugs are the three type of spark plugs used in India. India

automotive spark plug market is XXXXX by copper based spark plug due to its XXXX availability and XXXX cost.

In 2013, around X% market share was captured by copper based spark plugs in India automotive spark plug

market, since it is the most common type of spark plug being manufactured and used in automobiles in India.

Copper based spark plug, is XXXXX by iridium and platinum based spark plugs, which captured a cumulative

share of around X%, in volume terms, in India automotive spark plug market in 2013.

Figure 8: India Spark Plug Market Share, By Type,

By Volume, 2019F


© TechSci Research

Copper,

33%

Iridium,

34%

Platinum,

33%

Copper,

33%

Iridium,

33%

Platinum,

34%

20.0040.00

60.0080.00

100.00

10.00

20.00

30.00

40.00

50.00

2009 2010 2011 2012 2013

OEM Sales

Replacement Sales

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Figure 9: India Passenger Car Spark Plug Market

Size, By Volume, 2009–2013 (Million Units)

[CAGR X%]

Passenger car spark plug segment is the XXXXX

contributing segment in India spark plug

market. Of the total XXX million spark plugs

units sold in India in 2013, about XXX million

units belonged to the passenger car spark plugs

segment.

During 2009-13, passenger car spark plug market XXXX at a CAGR of around X%, in volume terms, mainly on

account of XXXXX passenger car fleet size, coupled with XXXXX OEM production of passenger car spark plugs, in the

country.

Production of petrol run passenger cars in India XXXX from XXX million units in 2009 to about XXX million units in

2013. XXXX in production level led to a XXXXX in the OEM market for passenger car spark plugs.

On the other hand, replacement market XXXX at a CAGR of about X%, during 2009-13, due to constant XXXX in

fleet size. In 2013, there were about XXX million units of petrol run passenger cars in India as compared to XXX

million units in 2009.

In 2013, about X% passenger car spark plugs were sold to OEMs and the remaining X% were sold in the

replacement market.


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Size, By Volume, 2014E–2019F (Million Units)

[CAGR X%]

Passenger car spark plugs market in India is

forecast to register a CAGR of X%, in volume

terms, during 2014-19,

During this period passenger car spark plug

market is expected to XXXX by about XXX million

units exceeding XXX million units by the end of

2019.

Over the forecast period, OEM sales of spark plugs are expected to cross XXX million units, while the replacement

market for spark plugs is expected to cross XXX million units.

Production of petrol run passenger cars in India is expected to XXXX from XXX million units in 2014 to about XXX

million units in 2019. XXX in production level is expected to XXXX the OEM market for passenger car spark plugs at

a CAGR of X%. On the other hand, replacement market for passenger car spark plugs is expected to XXXX at a

CAGR of about X%, due to constant XXXX in fleet size during 2014-19. XXXXX in both OEM and replacement market

for passenger car spark plugs will XXXXX the overall passenger car spark plugs market in India.

20.0040.00

60.0080.00

100.00120.00

10.00

20.00

30.00

40.00

50.00

60.00

2014E 2015F 2016F 2017F 2018F 2019F

OEM Sales

Replacement Sales

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Figure 11: India Passenger Car Spark Plug

Market Share, By Vehicle Type, By Volume, 2013

Passenger car spark plugs segment can be divided into three categories- small/hatchback car spark plugs, sedan

car spark plugs, and premium and luxury car spark plugs.

Passenger car spark plug market in India is XXXXX by the small/hatchback car spark plugs segment, which

accounted for around X% market share, in terms of volume, in 2013. Small/hatchback car spark plug segment

was XXXXX by sedan car spark plugs and premium & luxury car spark plugs, which held about X% and X%

market share, respectively, in 2013.


Share, By Vehicle Type, By Volume, 2019F


Small /

Hatchback Car

Spark Plug,

33%

Sedan Car

Spark Plug,

33%

Premium

Cars and

Luxury Car

spark plug,

34%

© TechSci Research

Small /

Hatchback

Car Spark

Plug, 33%

Sedan Car

Spark

Plug, 34%

Premium Cars

and Luxury

Car spark

plug, 33%

1.002.00

3.004.00

5.00

0.50

1.00

1.50

2.00

2.50

2009 2010 2011 2012 2013

OEM Sales

Replacement Sales

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Figure 13: India Three-Wheeler Spark Plug Market


[CAGR X%]

India three-wheeler spark plug is a relatively XXXX

market as compared to the passenger car spark plug

and two-wheeler spark plug market.

In 2013, around XXX million units of spark plugs

were sold in India, out of which only XXX million

units or about X% were accounted for by the three-

wheeler spark plugs segment.

During 2009-13, three-wheeler spark plug market XXXX at a CAGR of around X%, in volume terms, mainly on account

of XXXXX three-wheeler fleet size during the last few years, XXXXX with consistent OEM production of three-wheeler

spark plugs in the country.

Production of petrol run three-wheelers in India XXXX from XXX million units in 2009 to about XXX million units in

2013. XXXX in production level XXXX the market CAGR of three-wheeler spark plug market by about X% from OEM

side. On the other hand replacement market XXXX at a CAGR of about X% due to constant XXXX in fleet size, during

2009-13. In 2009, there were about XXX million petrol run three-wheelers in India, this size XXXX by about XXX

million units to reach XXX million units by 2013.

In 2013, about X% three-wheeler spark plugs were sold to OEMs and the remaining X% were sold in the replacement

market.

1020

3040

5060

5

10

15

20

25

30

2014E 2015F 2016F 2017F 2018F 2019F

OEM Sales

Replacement Sales

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© TechSci Research



[CAGR X%]

Three-wheeler spark plug market in India is


terms, during 2014-19, exceeding XXX million

units by the end of the forecast period.

During this period three-wheeler spark plug

market is expected to XXXX by about XXX million

units.

It is forecast that OEM sales of spark plugs will reach about XXX million units by 2019, while replacement market of

spark plugs will account for sales of about XXX million units.

Production of petrol run three wheelers in India is expected to XXXX from XXX million units in 2014 to about XXX

million units in 2019. XXXX in production level is expected to XXXXX three-wheeler spark plug market by about X%

from OEM side during 2014-19.

On the other hand, replacement market for three-wheeler spark plug is expected to XXXX at a CAGR of about X%,

due to constant XXXX in fleet size during 20014-19 period.

Both OEM and replacement market XXXX in three-wheeler spark plugs is expected to XXXX the overall three

wheeler spark plug market in India.

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Figure 15: India Three-wheeler Spark Plug Market

Share, By Vehicle Type, By Volume, 2013

The Three-Wheeler Spark Plug market is broadly categorized into passenger carrier three-wheeler spark plug

and load carrier three-wheeler spark plug segments. The market is largely XXXXX by the passenger carrier

three-wheeler spark plug segment, which accounted for around X% market share, in volume terms, in 2013.

the passenger carrier three-wheeler spark plug segment was XXXXX by load carrier three-wheeler spark plug

segment, which held around X% volume share, in the India three-wheeler spark plug market in 2013.




© TechSci Research

Passenger Carrier

Three-Wheeler

Spark Plug, 50%

Load Carrier

Three-Wheeler

Spark Plug,

50%

Passenger Carrier

Three-Wheeler Spark

Plug, 50%

Load Carrier

Three-Wheeler

Spark Plug, 50%

1020

3040

50

5

10

15

20

25

2009 2010 2011 2012 2013

OEM Sales

Replacement Sales

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© TechSci Research

Figure 17: India Two-Wheeler Spark Plug Market


[CAGR X%]

India two-wheeler spark plug market is the XXXX

spark plug market among all automobile segments in

India.

In 2013, around XXX million units of spark plugs

were sold in India, out of which XXX million units or

about X% were accounted for by the two-wheeler

spark plug segment.

During 2009-13, two-wheeler spark plug market XXXX at a CAGR of around X%, in volume terms, mainly on

account of XXXX two-wheeler fleet size during the last few years, XXXX with consistent OEM production of two-

wheeler spark plugs in the country.

Two-wheeler production in India XXXX from XXX million units in 2009 to about XXX million units in 2013. XXXX in

production level XXXXX the market CAGR of two-wheeler spark plug market by about X% from OEM side.

On the other hand replacement market XXXX at a CAGR of about X%, due to constant XXXX in fleet size during

2009-13. In 2009, there were about XXX million petrol run two-wheelers in India, and it XXXXX by about XXX

million units to reach about XXX million units by 2013. In 2013, about X% two-wheeler spark plugs were sold to

OEMs and the remaining X% were sold in the replacement market.

1020

3040

5060

5

10

15

20

25

30

2014E 2015F 2016F 2017F 2018F 2019F

OEM Sales

Replacement Sales


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[CAGR X%]

Two-wheeler spark plug market in India is


terms, during 2014-19. During this period, two-

wheeler spark plug market is expected to XXXX by

about XXX million units, to reach XXX million units

by the end of 2019.

It is forecast that OEM sales of two-wheeler spark plug will be about XXX million units in 2019, and replacement

market for two-wheeler spark plug will reach about XXX million units, the same year.

Two-wheeler production in India is expected to XXXX from XXX million units in 2014 to about XXX million units in

2019. XXXXX in production level led to XXXX in two-wheeler spark plug market by a CAGR of about X% from OEM

side. On the other hand, replacement market for two-wheeler spark plugs XXXX at a CAGR of X% due to constant

XXXX in fleet size during 2009-14.

Both OEM and replacement market XXXX in two-wheeler segment is expected to XXXXX the overall two wheeler

spark plug market in India.

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Share, By Vehicle Type, By Volume, 2013

The Two-wheeler spark plug market is broadly categorized into motorcycles, scooters and mopeds spark plugs

segments. The market is largely XXXXX by the motorcycle spark plugs segment, which accounted for around

X% market share, in terms of volume, in 2013.

The motorcycle spark plugs segment was XXXX by scooters and mopeds spark plugs segments, which held

around X% and X% volume share, respectively, in the India two-wheeler spark plug market in 2013.




© TechSci Research

Motorcycles ,

33%

Scooters ,

34% Mopeds,

33%

Motorcycles ,

33%

Scooters ,

34% Mopeds,

33%

I n d i a T w o - w h e e l e r S p a r k P l u g M a r k e t S h a r e – B y V e h i c l e T y p e

29

Table 5: India Two-Wheeler Sales, By Category, By Volume, 2009-2013

© TechSci Research

Two-Wheeler

Category2009 2010 2011 2012 2013

Motorcycles XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Scooters XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Mopeds XXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

TotalXXX XXX XXX XXX XXX

Y-o-Y (%) X% X% X% X%

Source: XXXXXX

I n d i a A u t o m o t i v e S p a r k P l u g I m p o r t s A n a l y s i s – B y V o l u m e

30

Figure 21: India Automotive Spark Plug Imports, By Volume, 2009–2014(Apr-Aug) (Million Units)

During 2009-13, spark plug imports in India witnessed a CAGR of X%, in volume terms, exceeding XXX

million units by the end of 2013.

China is the XXXX spark plug exporter, exporting around XXX million units of automotive spark plug to

India, in 2013.

India mainly imports spark plugs from XXXX, XXXX, XXXX, XXXX, XXXX, etc. These countries collectively

contributed to around X% of the total spark plug imports, in volume terms, in 2013.


© TechSci Research

2.00

4.00

6.00

8.00

10.00

12.00

2009 2010 2011 2012 2013 2014(Apr-Aug)

CAGR: X%

I n d i a A u t o m o t i v e S p a r k P l u g E x p o r t s A n a l y s i s – B y V o l u m e

31

Figure 22: India Automotive Spark Plug Exports, By Volume, 2009–2014(Apr-Aug) (Million Units)

During 2009-13, spark plug exports in India exhibited a CAGR of X%, in volume terms, exceeding XXX million

units in 2013.

In 2013, Belgium and Germany accounted for around X% of total spark plug exports from India. India exported

around XXX million and XXX million spark plug units to Belgium and Germany, respectively.

Other countries where India mainly exports spark plugs are XXXX, XXXX, XXXX, XXXX, XXXXX, etc. India’s

collective exports to these countries were around X% of the total spark plug exports, in volume terms, in 2013.


© TechSci Research

1

2

3

4

5

6

2009 2010 2011 2012 2013 2014(Apr-Aug)

CAGR: X%

B o s c h L i m i t e d

32

Company Brief

Bosch Limited Company is a subsidiary of

Germany based company, XXXXX.

In 1922, Bosch opened its first

representative office in XXXX, India and

commenced operations in the country in

1953.

Robert Bosch GmbH. holds X% stake in

Bosch Limited. The Company is

headquartered in Bangalore.

Bosch manufacturing facilities are located at

XXXX, XXXX, XXXX, XXXX and XXX. These

plants are TS 16949 and ISO 14004 certified.

• Bosch LimitedRegistered

Name

• 1886 (Globally)

• 1922 (India)Founded

• Manufacture automotive aftermarket products, auto electrical and special purpose machines,

Business Line

• XXX (Global)

• XXX (India)

Number of Employees

(Global)

• Germany, India, Brazil, China,France, Czech Republic, Japan,Spain, Turkey, Hungary,Australia, Malaysia, Russia,USA, UK, South Africa, etc.

Operation Network

• XXXXX, XXXX, XXX, etc.Major Competitors

• Dr. Albert Hieronimus(Chairman)

• V.K. Viswanathan (Chairman)

• Renu S. Karnad ( Director)

• Prasad Chandran (Director)

• Bhaskar Bhat (Director)

Key Persons

© TechSci Research


33

Company Brief

Bosch Limited has its presence across

XXXXX, XXXX, XXXX, and XXXXX

Bosch Ltd. is the OEM supplier of spark plug

for companies like XXXX, XXXX, XXXX, XXXX,

XXXX, XXXX, XXXX, XXXX, XXXXX, etc.

Bosh Ltd. manufactures spark plugs for two-

wheeler, three-wheeler and four-wheeler

vehicles. Bosch Limited manufactures and

sells spark plugs under brand names like

XXXXX and XXXXX.

• Bosch operate in XXX towns and cities.

• Around XXX Service outlet available in India

India Operation Network

• In 2008, Bosch Limited acquire Indian automotive aftermarket Manufacture products company Motor Industries Company Limited. (MICO)

Mergers & Acquisitions /

Joint Ventures

• TS 16949

• ISO 14004 Certification

• XXXXX, XXXX, XXXX, XXXX andXXXX

Production Facilities (India)

• Post Box No. 3000,Hosur Road, AdugodiBangalore - 560 030, India

India Head Office

© TechSci Research


34

Company Brief

• Phone No: +91 - 080 - 2299 9228

• Fax No: +91 - 080 - 2299 2525

• Website: http://www.boschindia.com/

Contact Details

© TechSci Research

Table 6: Bosch Limited (India), Financial Details, 2013 & 2012 (USD Million)

Source: XXXXXX

Particulars 2013 2012

Net Sales (excluding recovery of duties and taxes) XXX XXX

Of which Export Sales XXX XXX

Profit before tax XXX XXX

Less: Provision for tax XXX XXX

Add: Deferred tax and tax adjustments relating to earlier years XXX XXX

Profit after tax XXX XXX

Appropriations:

Dividend

-Dividend recommended at USD 0.92 per share(previous yearUSD1 per share) XXX XXX

Tax on Dividend XXX XXX

General Reserve XXX XXX

Balance carried forward XXX XXX

Total XXX XXX


35

© TechSci Research

Table 7: Bosch Limited (India), Balance Sheet, 2013 & 2012 (USD Million)

Source: XXXXXX

Particulars 2013 2012

Assets :

Non-current assets

Fixed assets

(i) Tangible assets XXX XXX

(ii) Intangible assets XXX XXX

(iii) Capital work-in-progress XXX XXX

Non-current investments XXX XXX

Deferred tax assets (net) XXX XXX

Long-term loans and advances XXX XXX

Current assets XXX XXX

Current investments XXX XXX

Inventories XXX XXX

Trade receivables XXX XXX

Cash and bank balances XXX XXX

Short-term loans and advances XXX XXX

Other current assets XXX XXX

Total XXX XXX

A b o u t U s & D i s c l a i m e r

36

© TechSci Research

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india automotive spark plug market forecast and opportunities, 2019

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