India Advanced Driver-Assistance Systems Market Evolving Industry Trends and Insights

1. India Advanced Driver-Assistance Systems (ADAS) Market Growth, Segments, Size, Industry Analysis and Opportunities 2030 1 ©P&SIntelligence.Allrightsreserved

2. 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. Request to Get the Sample Report@ https://www.psmarketresearch.com/market- analysis/india-adas-market/report-sample 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 (2020–2030). 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. Speak to Analyst: 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) Lane Departure Warning System (LDWS) Adaptive Front-Lighting System (AFLS) By Offering

3. 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 Market restraints and their impact during the short, medium, and long terms Recent trends and evolving opportunities for the market participants Historical and the present size of the market segments and understand their comparative future potential Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders Major players operating in the market and their service offerings Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved

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