The India automotive electronics market size reached USD 11.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 18.6 Billion by 2033, exhibiting a growth rate (CAGR) of 5.8% during 2025-2033. The market is witnessing significant growth, driven by the rising demand for advanced driver assistance systems in passenger vehicles and surge in electric vehicle electronics and battery management systems (BMS).
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 11.2 Billion |
Market Forecast in 2033 | USD 18.6 Billion |
Market Growth Rate (2025-2033) | 5.8% |
Rising Demand for Advanced Driver Assistance Systems (ADAS) in Passenger Vehicles
The rising awareness of consumers, increase in disposable incomes with rise in income levels by the government rules on safety on roads are further contributing to the growth in the adoption of Advanced Driver Assistance Systems (ADAS) in India automotive electronics. Features such as adaptive cruise control, lane departure warning, automatic emergency braking, and blind-spot detection are increasingly in demand, especially in premium and mid-segment passenger vehicles. For instance, in March 2024, Honda Cars India announced surpassing 50,000 ADAS-enabled vehicles, advancing its ‘Safety for Everyone’ vision and aiming to eliminate traffic-related fatalities involving Honda vehicles by 2050, as stated in its media release. Government initiatives such as the Bharat NCAP (New Car Assessment Program) are pushing automakers to integrate safety technologies that enhance vehicle crashworthiness and occupant protection. Furthermore, the Ministry of Road Transport and Highways (MoRTH) has been actively working on making electronic stability control (ESC) and autonomous braking systems mandatory in upcoming models. The expansion of autonomous and connected vehicle ecosystems is also contributing to ADAS penetration. Automakers and Tier 1 suppliers are investing in sensor fusion, LiDAR, and radar-based safety features, enabling real-time hazard detection and accident prevention. As costs decline due to localization efforts and economies of scale, ADAS adoption is expected to expand beyond premium vehicles into mass-market segments, making India a key growth hub for automotive electronics innovation.
Surge in Electric Vehicle (EV) Electronics and Battery Management Systems (BMS)
The fast expansion of the electric vehicle (EV) market in India has been triggering huge demand for automotive electronics, especially regarding Battery Management Systems (BMS), power electronics, and motor control units. With the government foreseeing a rapid increase in the adoption of EVs through schemes such as FAME II and PLI, automobile manufacturers and component firms are investing heavily in EV-specific electronic components. For instance, according to industry reports, in FY 2024, India’s EV market increased 80% YoY, given that an increasing customer interest in EVs was stimulated by the growing charging infrastructure, greater awareness of sustainability, and advances in EV technology, pushing electric mobility closer to mainstream acceptance. Battery Management Systems (BMS) are gaining prominence as they optimize battery performance, enhance safety, and extend battery life. Given India’s diverse climate conditions, advanced BMS solutions that regulate temperature, voltage, and current are crucial for ensuring the longevity and efficiency of lithium-ion batteries used in two-wheelers, passenger vehicles, and commercial EVs. Additionally, charging infrastructure electronics such as DC fast chargers, vehicle-to-grid (V2G) integration systems, and onboard chargers are seeing increased investment. Domestic manufacturing of semiconductors, power inverters, and charging control units is also gaining traction, reducing dependency on imports. As automakers focus on developing cost-effective yet high-performance EV electronics, the market is expected to witness sustained growth, positioning India as a key player in global EV technology advancements.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on component, vehicle type, distribution channel, and application.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes electronic control unit, sensors, current carrying devices, and others.
Vehicle Type Insights:
A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes light commercial vehicles, passenger vehicles, heavy commercial vehicles, and others
Distribution Channel Insights:
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes OEM and aftermarket.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes ADAS, infotainment, body electronics, safety systems, and powertrain.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Components Covered | Electronic Control Unit, Sensors, Current Carrying Devices, Others |
Vehicle Types Covered | Light Commercial Vehicles, Passenger Vehicles, Heavy Commercial Vehicles, and Others |
Distribution Channels Covered | OEM, Aftermarket |
Applications Covered | ADAS, Infotainment, Body Electronics, Safety Systems, Powertrain |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: