6wresearch logo

NCR region have resulted in the growth of Delhi Radio Taxi market

June 07, 2016

Increasing executive class population and emerging aggregator-based operators are driving growth of the Delhi Radio Taxi Market - 6Wresearch

Booming corporate culture, increasing consumer demand as well as lateral development of the NCR region have resulted in the growth of Delhi Radio Taxi market. Additionally, high level of customer convenience coupled with competitive fare as compared to other public transports have further fueled the demand for Radio Taxi Services in the region.

Government initiatives such as issuing permits to the fleet operators, granting licenses to the radio cab operators as well as rising investment by global investors have resulted in the entry of new players in the market over the past few years. Further, entry of new operators in the radio Taxi market has led players to introduce new pricing models and taxi segments eventually benefiting the end user.

According to Pulkit Shrivastava (Research Analyst, 6Wresearch), "Rising disposable income, accurate meter readings and fare calculation along with convenient booking and payment model have helped to create a fresh consumer base for the radio Taxi market in the region. Further huge demand-supply gap in the public transport segment in the capital region have helped the cause".

"However, factors such as lack of trained drivers, vehicle unavailability due to high demand and absence of regulations governing the market have restrained the growth of Delhi Radio Taxi market".

Rising number of industrial hubs and corporate parks, growing tie-ups of radio taxi operators with travel portals and heavy discounts on fares offered to passengers due to numerous schemes and festive seasons would further drive the Delhi Radio Taxi market over the coming quarters.

Delhi Radio Taxi Market Report provides in depth analysis offering insights on market share. The report estimates and forecast overall Delhi Radio Taxi market by revenue, overall, owned & aggregator fleet size, service providers and avg. & aggregator trips.

Media Source: Open PR

      Browse More Report

Saudi Arabia Package Substation Market (2016-2022)

Market Forecast by Types (Less than 36KV and 36KV to 150KV), Verticals (Industrial, Public Infrastructure, Residential, Power Utilities and Others), Regions (Central, Western, Eastern and Southern) and Competitive Landscape

Read More

India Cheque Scanner Market (2017-2022)

Market Forecast By Types (Single Feed and Multi Feed), Applications (Desktop and Kiosks), Regions (North, South, East and Western), Specifications and Competitive Landscape

Read More

GCC Solar Equipment Market (2016-2022)

Market Forecast by Types (Solar Photovoltaics (PV Modules, Mounting Structures, Inverters and Others) and Concentrated Solar Power Power (Solar Collectors and Towers, Thermal Energy Storage, Receiver and Others)), Countries (Saudi Arabia, UAE, Kuwait, Qatar, Oman and Bahrain) and Competitive Landscape

Read More

India Solar Water Pumping System Market (2017-2022)

Market Forecast by Power Rating (Up to 3HP, 3.1 to 10HP and Above 10HP), Design Type (Surface and Submersible), Drive Type (AC Motor and DC Motor), Applications (Lift Irrigation and Others), Regions (North, South, East and West) and Competitive Landscape

Read More

India Router and Switch Market (2016-2022)

Market Forecast by Router Types (Wired and Wireless), Switch Types (Managed and Unmanaged), Verticals (Residential, MSME, Large Enterprise, Hospitality & Healthcare, Government, Transportation, Education, BFSI and Telecommunication), Regions (Northern, Western, Southern and Eastern), Specifications and Competitive Landscape

Read More

India Internet of Things Market (2016-2022)

According to 6Wresearch, India IoT market is projected to grow at a CAGR of 28.2% during 2016-22. For the growth of the overall market, smart cities project is expected to play vital role.

Read More

India Network Attached Storage (NAS) Systems Market (2016-2022)

Market Forecast by NAS Type (1 Bay, 2 Bay, 4 Bay and Others (5-24 Bay)), End Users (Home/SOHO and SME), Specifications Trend and Competitive Landscape

Read More

India Transport Air Conditioner and Refrigeration Market (2016-2022)

Market Forecast by Segments (Bus (12-20 Seater, 21-25 Seater, 26-35 Seater and 36-45 Seater), Rail (Indian Railway and Metro) and Truck (Milk and Dairy Products, Fruits And Vegetables, Meat & Fish and Pharmaceuticals & Chemicals)), Services (New Installation, Modernization and Maintenance), Regions (North, South, East and West) and Competitive Landscape

Read More


Our Key Clients
6wreserach client list