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India Automotive Radar Market Report by Range (Long Range, Medium and Short Range), Vehicle Type (Passenger Cars, Commercial Vehicles), Application (Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Forward Collision Warning (FCW), Intelligent Park Assist, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A21306
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Market Overview:
India automotive radar market size reached US$ 7.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 22.2 Billion by 2032, exhibiting a growth rate (CAGR) of 12.80% during 2024-2032. The growing need for enhanced road safety, regulatory measures by government bodies, and technological advancements represent some of the key factors driving the market growth.
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Report Attribute
|
Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 7.2 Billion |
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Market Forecast in 2032
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US$ 22.2 Billion |
| Market Growth Rate 2024-2032 | 12.80% |
Automotive radar denotes a distinct radar system crafted and employed for automotive purposes. This sensor technology employs radio waves for identifying and monitoring objects near a vehicle. Its primary function is to furnish vital details about the surrounding surroundings, aiding in diverse aspects, especially those pertaining to safety and driving support. These radar systems find application in a variety of advanced driver-assistance systems (ADAS) and safety functionalities. Examples of common uses encompass adaptive cruise control, blind spot detection, lane change assistance, collision avoidance, pedestrian detection, and automatic emergency braking.
India Automotive Radar Market Trends:
The India automotive radar market is experiencing significant growth and transformation as the automotive industry embraces advanced technologies to enhance safety and driving assistance features. One of the key drivers of this growth is the increasing awareness and prioritization of road safety in India. The rising number of road accidents has prompted both regulatory bodies and consumers to emphasize the adoption of safety technologies. Moreover, the implementation of stringent safety norms and regulations by the Indian government has also spurred the demand for automotive radar systems. Besides this, manufacturers are compelled to integrate advanced driver-assistance systems (ADAS) into their vehicles to comply with safety standards, driving the market for automotive radar technologies. Furthermore, the India automotive radar market is witnessing a surge in applications across various segments. From adaptive cruise control to collision avoidance and pedestrian detection, automotive radar systems are being employed to enhance the safety and performance of vehicles. This expansion is not limited to high-end luxury cars; there is a growing trend of integrating radar systems into mid-range and entry-level vehicles, making this technology more accessible to a broader consumer base. Additionally, collaborations and partnerships between domestic and international players are contributing to the market's growth. The widespread adoption of automotive radar systems across different vehicle segments reflects a promising trajectory for the future of automotive technology in India. This, in turn, will bolster the market growth in the coming years.
India Automotive Radar Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on range, vehicle type, and application.
Range Insights:
- Long Range
- Medium and Short Range
The report has provided a detailed breakup and analysis of the market based on the range. This includes long range and medium and short range.
Vehicle Type Insights:
- Passenger Cars
- Commercial Vehicles
A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes passenger cars and commercial vehicles.
Application Insights:
- Adaptive Cruise Control (ACC)
- Autonomous Emergency Braking (AEB)
- Blind Spot Detection (BSD)
- Forward Collision Warning (FCW)
- Intelligent Park Assist
- Others
The report has provided a detailed breakup and analysis of the market based on the application. This includes adaptive cruise control (ACC), autonomous emergency braking (AEB), blind spot detection (BSD), forward collision warning (FCW), intelligent park assist, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
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.
India Automotive Radar Market Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
| Ranges Covered | Long Range, Medium and Short Range |
| Vehicle Types Covered | Passenger Cars, Commercial Vehicles |
| Applications Covered | Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Forward Collision Warning (FCW), Intelligent Park Assist, Others |
| Regions Covered | North India, West and Central India, South India, East and Northeast India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| 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:
- How has the India automotive radar market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India automotive radar market?
- What is the breakup of the India automotive radar market on the basis of range?
- What is the breakup of the India automotive radar market on the basis of vehicle type?
- What is the breakup of the India automotive radar market on the basis of application?
- What are the various stages in the value chain of the India automotive radar market?
- What are the key driving factors and challenges in the India automotive radar?
- What is the structure of the India automotive radar market and who are the key players?
- What is the degree of competition in the India automotive radar market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India automotive radar market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India automotive radar market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India automotive radar industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
Need more help?
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- For further assistance, please connect with our analysts.
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