Market Forecast By Product (Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Lane Departure Warning System (LDWS), Parking assistance, Others), By Technology (LiDAR, RADAR, Ultrasonic, Camera, Others), By Application (Rail, Automotive, Aerospace and Defense, Marine) And Competitive Landscape
Product Code: ETC4459345 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | India Collision Avoidance System Market |
Forecast period | 2025-2031 |
CAGR | 10.2% |
Growing Sector | Automotive |
The India Collision Avoidance System Market Report thoroughly covers the market by product. Technology and application. The India Collision Avoidance System Market Outlook report provides an unbiased and detailed analysis of the ongoing India Collision Avoidance System Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The India collision avoidance system market has been accomplishing growth and is anticipated to rise more in the near future. The increasing number of road accidents and fatalities in India has led to a growing demand for advanced safety systems, such as collision avoidance systems, in the automotive industry. This factor is expected to drive the growth of the market in the coming years.
According to 6Wresearch, India Collision Avoidance System Market size is projected to rise at a CAGR of 10.2% during 2025-2031. This growth can be attributed to the increasing number of road accidents in the country. The rising urbanization and growing awareness among individuals regarding road safety have also contributed significantly to the demand for collision avoidance systems. Additionally, government initiatives promoting road safety and regulations mandating the installation of these systems in vehicles are expected to further drive India Collision Avoidance System Market growth.
However, the high cost associated with these systems and lack of standardization may hinder the market growth. The cost is a significant factor for customers in a price-conscious market like India, which might discourage them from investing in collision avoidance systems. Moreover, the absence of standardized norms for these systems can lead to compatibility issues, making it challenging for manufacturers to enter the market.
Some of the key players operating in the India Collision Avoidance System Market are Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Aptiv PLC, and Denso Corporation. These companies are continuously investing in research and development activities to introduce innovative products and gain a competitive edge in the market.
The Indian government has been taking initiatives to improve road safety in the country, which includes mandating the installation of advanced driver assistance systems (ADAS) in vehicles. In 2019, the Ministry of Road Transport and Highways announced that all new four-wheelers entering the market from 1st April 2022 must be equipped with features such as airbags, reverse parking sensors, and automatic emergency braking systems. These measures are expected to further boost the demand for collision avoidance systems in India.
The increasing awareness about road safety and government initiatives to promote the adoption of advanced safety technologies are expected to drive the demand for collision avoidance systems in the country. Moreover, with the rise of electric and autonomous vehicles, there will be a higher demand for advanced safety technologies, including collision avoidance systems, to enhance the overall safety of these vehicles.
According to Suryakant, Senior Research Analyst, 6Wresearch, LiDAR (Light Detection and Ranging) is currently witnessing significant growth in India. This can be attributed to the high accuracy and precision of LiDAR sensors, which use laser pulses to measure distances and provide a detailed 3D map of the vehicle's surroundings.
Among various applications, the automotive segment is currently witnessing significant growth in the India Collision Avoidance System Market. This can be attributed to the increasing demand for passenger and commercial vehicles, coupled with government initiatives towards road safety.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Collision Avoidance System Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Collision Avoidance System Market Revenues & Volume, 2021 & 2031F |
3.3 India Collision Avoidance System Market - Industry Life Cycle |
3.4 India Collision Avoidance System Market - Porter's Five Forces |
3.5 India Collision Avoidance System Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Collision Avoidance System Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India Collision Avoidance System Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Collision Avoidance System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Collision Avoidance System Market Trends |
6 India Collision Avoidance System Market, By Types |
6.1 India Collision Avoidance System Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Collision Avoidance System Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 India Collision Avoidance System Market Revenues & Volume, By Adaptive Cruise Control (ACC), 2021 - 2031F |
6.1.4 India Collision Avoidance System Market Revenues & Volume, By Autonomous Emergency Braking (AEB), 2021 - 2031F |
6.1.5 India Collision Avoidance System Market Revenues & Volume, By Lane Departure Warning System (LDWS), 2021 - 2031F |
6.1.6 India Collision Avoidance System Market Revenues & Volume, By Parking assistance, 2021 - 2031F |
6.1.7 India Collision Avoidance System Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 India Collision Avoidance System Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Collision Avoidance System Market Revenues & Volume, By LiDAR, 2021 - 2031F |
6.2.3 India Collision Avoidance System Market Revenues & Volume, By RADAR, 2021 - 2031F |
6.2.4 India Collision Avoidance System Market Revenues & Volume, By Ultrasonic, 2021 - 2031F |
6.2.5 India Collision Avoidance System Market Revenues & Volume, By Camera, 2021 - 2031F |
6.2.6 India Collision Avoidance System Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 India Collision Avoidance System Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Collision Avoidance System Market Revenues & Volume, By Rail, 2021 - 2031F |
6.3.3 India Collision Avoidance System Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 India Collision Avoidance System Market Revenues & Volume, By Aerospace and Defense, 2021 - 2031F |
6.3.5 India Collision Avoidance System Market Revenues & Volume, By Marine, 2021 - 2031F |
7 India Collision Avoidance System Market Import-Export Trade Statistics |
7.1 India Collision Avoidance System Market Export to Major Countries |
7.2 India Collision Avoidance System Market Imports from Major Countries |
8 India Collision Avoidance System Market Key Performance Indicators |
9 India Collision Avoidance System Market - Opportunity Assessment |
9.1 India Collision Avoidance System Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Collision Avoidance System Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India Collision Avoidance System Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Collision Avoidance System Market - Competitive Landscape |
10.1 India Collision Avoidance System Market Revenue Share, By Companies, 2024 |
10.2 India Collision Avoidance System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |