Radio Cabs Market - India - Sample - Report Buyer
Radio Cabs Market - India - Sample - Report Buyer
Radio Cabs Market - India - Sample - Report Buyer
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<strong>Radio</strong> <strong>Cabs</strong> <strong>Market</strong> - <strong>India</strong><br />
November 2009
Executive Summary<br />
<strong>Market</strong><br />
Overview<br />
Trends &<br />
Characteristics<br />
<strong>Radio</strong> cabs market in <strong>India</strong> is valued at INR XX bn for 20- -<br />
The market is expected to double every year for the next Y years<br />
The current fleet size is about z across <strong>India</strong><br />
<strong>Radio</strong> cabs market is in a nascent stage with huge demand supply gap<br />
Operators are expanding their operation in metros as well as tier II cities<br />
Increasing share of wallet for transportation in <strong>India</strong><br />
Average length of trips in cities across <strong>India</strong><br />
Huge potential for radio cabs business in many cities<br />
SAMPLE<br />
<strong>Radio</strong> cabs provide a good advertising platform<br />
Government regulations and initiatives<br />
Competition<br />
Company 1 is the largest player with a fleet size of U cabs<br />
Competition is yet to grow with huge market potential across <strong>India</strong><br />
At present market is dominated by three major players<br />
Company 1<br />
Company 3<br />
Company 5<br />
Major players in <strong>Radio</strong> <strong>Cabs</strong> market - <strong>India</strong> (fleet size)<br />
Company 2<br />
Company 4<br />
Company 5<br />
RADIO CABS MARKET – INDIA.PPT<br />
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•Introduction<br />
•<strong>Market</strong> Overview<br />
•Business and Revenue Model<br />
•Trends & Characteristics<br />
•Competition<br />
•Key Developments<br />
RADIO CABS MARKET – INDIA.PPT<br />
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<strong>Radio</strong> cabs market in <strong>India</strong> is expected to double every year<br />
for the next two years<br />
<strong>Market</strong> overview<br />
• <strong>Radio</strong> cabs market is valued at INR XX bn for 20-- and<br />
is expected to reach INR YY bn by 20--<br />
• The fleet size across <strong>India</strong> is currently about p which<br />
is expected to cross q by the end of 20--<br />
• Round the clock availability, transparent fare meter,<br />
ease of booking, safety and customer service are the<br />
key aspects of this business<br />
• <strong>Radio</strong> cabs growth relies on development of IT<br />
infrastructure like captive call centres and taxi<br />
management software solutions<br />
• Many cities in <strong>India</strong> have on-call cabs with radio<br />
communication devices, but only cabs/ taxis<br />
equipped with GPRS monitors and two-way<br />
communication systems with the central reservation<br />
centre are referred to as radio cabs<br />
SAMPLE<br />
<strong>Market</strong> Size & Growth<br />
Value INR bn<br />
30<br />
20<br />
10<br />
0<br />
100<br />
80<br />
60<br />
40<br />
20<br />
‘000s<br />
0<br />
u<br />
2009<br />
l<br />
a%<br />
v<br />
2010<br />
Future Demand Supply Gap<br />
Current fleet<br />
w<br />
2011<br />
Volume ‘000s<br />
30<br />
20<br />
10<br />
0<br />
m<br />
x<br />
2009<br />
Demand-supply<br />
gap<br />
b%<br />
y<br />
2010<br />
n<br />
z<br />
2011<br />
<strong>Market</strong> Potential<br />
Source:<br />
RADIO CABS MARKET – INDIA.PPT<br />
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Revenues are generated majorly from fare and partially through<br />
advertising and branding options<br />
Revenue Model<br />
Although, the <strong>Radio</strong> Cab fares are slightly<br />
higher than that of the normal taxis, its comfort<br />
and reliability guarantee commuters’ interest in<br />
preferring <strong>Radio</strong> cabs over regular taxis<br />
SAMPLE<br />
Revenue<br />
Model<br />
<strong>Radio</strong> <strong>Cabs</strong> due to its luxurious advantages reach<br />
out to a niche audience commuting to and from<br />
airports, railway station, offices etc. Thus, using<br />
<strong>Radio</strong> cabs as an advertising platform has been<br />
looked upon by many advertisers<br />
City 1<br />
City 2<br />
City 3<br />
City 4<br />
Source:<br />
City<br />
Fare<br />
As decided by the State Transport Authority of the region<br />
Flag<br />
down fare<br />
INR A1 for<br />
first B1 km<br />
INR A2 for<br />
firsB2 km<br />
INR A3 for<br />
first B3 kms<br />
INR A4 for<br />
first B4 kms<br />
Subsequent<br />
km<br />
INR C1<br />
INR C2<br />
INR C3<br />
INR C4<br />
Waiting<br />
Charges<br />
INR D1/hr<br />
INR D2/<br />
E2 mins<br />
INR D3/<br />
E3 min<br />
INR D4/<br />
E4mins<br />
Night<br />
Charge<br />
F1%<br />
extra<br />
F2%<br />
extra<br />
F3%<br />
extra<br />
F4%<br />
extra<br />
Branding Options<br />
Option 1<br />
Option 2<br />
Option 3<br />
Option 4<br />
Advertising<br />
Revenue<br />
As decided by the <strong>Radio</strong> Cab Company. NOC from the regional<br />
traffic police office and permissions from the state transport<br />
authorities is required<br />
RADIO CABS MARKET – INDIA.PPT<br />
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Trends & Characteristics - Summary<br />
Increasing share of wallet for transportation in <strong>India</strong><br />
Average length of trips in cities across <strong>India</strong><br />
Trends &<br />
Characteristics `<br />
Huge potential for radio cabs business in many cities<br />
<strong>Radio</strong> cabs provide a good advertising platform<br />
Government regulations and initiatives<br />
RADIO CABS MARKET – INDIA.PPT<br />
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Competition is yet to grow with huge market potential to<br />
tap in the coming years<br />
Competition<br />
• Low cost auto-rickshaws and black & yellow taxis are<br />
the biggest competitors to the radio cab business in<br />
<strong>India</strong><br />
• Company 1 has the biggest fleet size nationally with x<br />
cabs on the roads<br />
• <strong>Radio</strong> Cab companies provide training to their drivers<br />
to enhance their customer interaction skills thus<br />
guaranteeing better quality of service<br />
• Competition is expected to flourish city wise with<br />
different players planning to dominate revenues in<br />
the cities they operate in<br />
• Hyderabad is crowded with as many as u players<br />
while Delhi has almost v radio cabs service providers<br />
• With business travellers identifying quality of service<br />
by the brand name, a national level presence could<br />
add to the growing revenues of the market leaders<br />
<strong>Market</strong> share<br />
Company 1<br />
SAMPLE<br />
Company 2<br />
Company 3<br />
Others<br />
100<br />
a1%<br />
b1%<br />
c1%<br />
d1%<br />
In terms of Value<br />
100<br />
a2%<br />
b2%<br />
c2%<br />
d2%<br />
In terms of Volume<br />
Source:<br />
RADIO CABS MARKET – INDIA.PPT<br />
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Thank you for the attention<br />
The <strong>Radio</strong> <strong>Cabs</strong> report is a special feature from Research on <strong>India</strong>.<br />
For more detailed information or customized research requirements please contact:<br />
Natasha Mehta, CFA<br />
Phone: +65 8448 0449<br />
E-Mail: natasha.mehta@netscribes.com<br />
Gagan Uppal<br />
Phone: +91 98364 71499<br />
E-Mail: gagan.uppal@netscribes.com<br />
Research on <strong>India</strong> is a product of Netscribes (<strong>India</strong>) Pvt. Ltd. Research on <strong>India</strong> is dedicated to disseminating information and providing quick<br />
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RADIO CABS MARKET – INDIA.PPT<br />
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