Telangana Small Commercial Vehicle Market By Vehicle Tonnage (Less Than 1 ton, 1 - 2 Ton, and 2 - 3 Ton), By Industry (E-commerce, FMCG, Pharma, Electronics, Construction, Agricultural, Hospitality, Forestry, Oil & Gas, and Others), By Propulsion (ICE and Electric), By Top 5 Cities, Competition Forecast & Opportunities, 2027

Telangana small commercial vehicle market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of expanding second hand small commercial vehicle industry in the state. Also, growing Indian automotive industry is further driving the growth of the Telangana small commercial vehicle market in the upcoming five years. Moreover, increasing logistic services in the state, and rising demand for the transportation of the material for short distances further supports the growth of the Telangana small commercial vehicle market in the next five years.

Small commercial vehicles are usually the four-wheeler or three-wheeler, smaller transportation units, that can be either petrol/gas powered, or battery powered vehicles. The small commercial vehicle finds it application majorly in the transportation as well as for delivery services. The category of these vehicles is majorly characterized as sub 1000cc engine and that weighs less than 3.5 tons. This standardization is strictly followed in all states of India. The small commercial vehicles like mini trucks, and small vans are cost efficient, durable, and follow all the new pollution control laws, over the large commercial vehicles.

Electric Commercial Vehicles Drive Market Growth

Technological advancement in the small commercial vehicles is a major factor driving the growth of the Telangana small commercial vehicle market in the upcoming five years. Consistent research and increased investment in the sector are further facilitating the growth of the Telangana small commercial vehicle market in the next five years. Market players in the state like Hyderabad Allwyn limited and HMT bearings have established their roots in the state and thus the financial investment in the research and product development is convenient and supports the market growth.

Rising awareness among the population and government regarding the environment degradation and ozone depletion due automotive exhausts is driving the demands for electric vehicles. With the market flooding with the electronic three-wheelers, the growth of the market is experienced. Stable shift from ICE engines to electric engines with advanced technologies that lower the concentrations of toxic exhaust from the air satisfies the demand.

Government Schemes Facilitate Market Growth

State government of Telangana is actively invested in the expansion of automotive industry in the state. The government understands electric vehicle adoptions and the benefits of shift from ICE engines to electric engines. By implementing the central government schemes and with the help from the global market players of electric vehicles to install electric charging infrastructures, is further facilitating the growth of the Telangana small commercial vehicle market in the upcoming five years. Higher production of the small commercial vehicle is further supported by the growing sales of the small commercial vehicles in the state.

In 2021, around 20.82 thousand units of small commercial vehicles were sold in Telangana. With rationalized electricity tariffs to incentivize the users and charging station operators in the state, the government is further supporting the growth of the Telangana small commercial vehicle market in the next five years.

Click here to download the sample

Market Segmentation

The Telangana small commercial vehicle market is segmented by vehicle tonnage, industry, propulsion, competitional landscape, and regional distribution. Based on vehicle tonnage, the market is further segmented into less than 1 ton, 1 - 2 ton, and 2 - 3 ton. By industry, the market is fragmented into E-commerce, FMCG, pharma, electronics, construction, agricultural, hospitality, forestry, oil & gas, and others. Based on propulsion, the market is differentiated between ICE and electric. The market analysis also studies the top 5 cities analysis, that are Hyderabad, Warangal, Nizamabad, Karimnagar, Mahbubnagar.  

Company Profile

Lohia Auto Industries, Tata Motors Limited, Ashok Leyland Limited, Atul Auto Limited, Piaggio Vehicles Pvt. Ltd. (PVPL), Mahindra & Mahindra Ltd., Bajaj Auto Ltd., TVS Motor Company, Isuzu Motors Telangana Private Limited, Saera Electric Auto Pvt. Ltd., among others is a partial list of major market players of the companies responsible for the growth of Telangana small commercial vehicle market.

Report Scope:

In this report, Telangana small commercial vehicle market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Telangana Small Commercial Vehicle Market, By Vehicle Tonnage:
• Less Than 1 ton
• 1 - 2 Ton
• 2 - 3 Ton
• Telangana Small Commercial Vehicle Market, By Industry:
• E-commerce
• FMCG
• Pharma
• Electronics
• Construction
• Agricultural
• Hospitality
• Forestry
• Oil & Gas
• Others
• Telangana Small Commercial Vehicle Market, By Propulsion:
• ICE
• Electric
• Telangana Small Commercial Vehicle Market, By Top 5 Cities:

o   Hyderabad

o   Warangal

o   Nizamabad

o   Karimnagar

o   Mahbubnagar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Telangana small commercial vehicle market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Telangana Small Commercial Vehicle Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]