The India E-Fuel market is anticipated to grow at a CAGR 17.8% during the forecast period. Sustainability of resources has been a key topic for discussion across the globe. As the demand to preserve the existing non-renewable resources increase, the demand of use of alternate fuels for propulsion of vehicles across the globe has increased significantly. This is expected to be one of the prime reasons which are expected to promote the growth of the market over the forecast period. India is one of the largest automotive markets all across the globe. In 2017, according to Society of Indian Automotive Manufacturer; the sales of the passenger vehicle have been increased by 9.2% year on year basis. Passenger Vehicles, Passenger Cars, Utility Vehicles & Vans grew by 3.8%, 30% and 2.3% respectively. 

The government of India is emphasizing on use of alternative fuels so as to curb pollution. The government has made a blueprint to increase its investment in promoting the use of bio-ethanol being produced form biomass and not the conventional ethanol production. The oil ministry in a draft released in 2017 stated that the government is eyeing at increasing the production of ethanol to 1 billion liters per annum will be achieved by the end of 2030. The budget allocated for the same was nearly around $714.5 million. Such measures are expected to create opportunities for the growth of the market over the forecast period.

Indian E-Fuel market is segmented on the basis of fuel type, application and state of fuel. Based on fuel type, the market is segmented into E diesel, E gasoline, ethanol and hydrogen. Based on application, the market is segmented into portable, stationary and transportation. Based on state of fuel, the market is segmented into liquid fuel and gas fuel. 

The key players that are active in the market include Audi AG, Ballard Power Systems Inc., Ceres Power Holdings PLC, FuelCell Energy, Inc., Honda Motors, Indian Oil Corp., Reliance Industries Ltd and Toyota Motor Corp. among others.

Research Methodology

The market study of the Indian E-Fuel market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Indian  E-Fuel Market Research and Analysis by Fuel Type
2. Indian  E-Fuel Market Research and Analysis by Application
3. Indian  E-Fuel Market Research and Analysis by State of Fuel

The Report Covers

• Comprehensive research methodology of the Indian E-Fuel market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Indian E-Fuel market.
• Insights about market determinants which are stimulating the Indian E-Fuel market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.