Advanced Driver-Assistance Systems Market in Indian Market

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India Advanced Driver-Assistance Systems (ADAS)
Market Growth, Segments, Size, Industry Analysis
and Opportunities 2030
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• One of the biggest factors propelling the demand
  for advanced driver assistance systems (ADAS) in
  India is the rising incidence of road accidents
  in the country. Since the last few years, there
  has been a massive surge in the prevalence of
  road accidents and fatalities in the country,
  which have consequently boosted the need for the
  installation of ADAS in vehicles in order to
  improve vehicular safety. The Government of India
  (GOI) intends to make the integration of ADAS in
  passenger vehicles mandatory by 2022, in order to
  reduce the incidence of road accidents in the
  country.
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• The other important factors responsible for the
  surge in the demand for ADAS in India are the
  soaring disposable income of people and the
  increasing demand for vehicles equipped with
  automated artificial intelligence (AI)-driven
  systems. Nowadays, people are preferring
  vehicles equipped with various types of advanced
  systems, mainly on account of their higher
  purchasing capability and the rapid technological
  advancements in the automotive sector.
• Driven by these factors, the Indian advanced
  driver assistance systems (ADAS) market is
  predicted to witness rapid growth during the
  forecast period (20202030).
• The biggest trend currently being observed in the
  Indian ADAS market is the increasing number of
  technical collaborations amongst the major
  automobile and ADAS manufacturing companies.
  These collaborations are being formed mainly in
  order to meet the surging technology demands in
  the country. Moreover, the rapid technological
  advancements are significantly boosting the need
  for enhanced safety and comfort features in
  vehicles, which is in turn, propelling the
  demand for vehicles equipped with ADAS, in the
  country. For instance, Mando Corp. signed a
  contract for the supply of ADAS, with Mahindra
  Mahindra Ltd. in April 2019.
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• Hence, it is clear that owing to the increasing
  prevalence of road accidents in the country and
  the rising disposable income of the people, the
  demand for ADAS is expected to shoot-up in India
  over the next few years.
• Market Segmentation By System
• Tire-Pressure Monitoring System (TPMS)
• Drowsiness Monitoring System (DMS)
• Parking Assist System
• Adaptive Cruise Control System (ACCS)
• Blind Spot Detection System (BSDS)

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• Hardware
• Software
• By Vehicle
• Passenger Cars
• Light Commercial Vehicles (LCVs)
• Medium and Heavy Commercial Vehicles
• By Sensor
• Ultrasonic Sensor
• Infrared Sensor
• Radar Sensor
• Image Sensor
• Light Detection and Ranging (LiDAR) Sensor
• Laser Sensor
• This study covers
• Historical and the present size of the India
  Advanced Driver-Assistance Systems (ADAS) Market
• Major factors driving the market and their impact
  during the short, medium, and long terms

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