India Advanced Driving Assistance Systems Market Outlook (2022-2028) | Size, Growth & 6Wresearch

India Advanced Driving Assistance Systems Market experienced exponential growth during 2021 on account of launch of ADAS equipped passenger vehicle models from prominent brands such as Mahindra & Mahinda and MG. Furthermore, a few more brands such as Honda are expected to introduce ADAS features in 2022 which would further lead to market growth.

Owing to the outbreak of covid-19 in India in 2020 and its subsequent lockdowns, the demand for automobiles from customers suffered a setback arising from shortage of critical raw material such as semiconductors from local manufacturing industry and exporting countries, slowing down the adoption and production of ADAS equipped vehicles by the Indian automobile manufacturers. However, as the value chain gaps in the market begin to subside, advanced driving assistance systems would observe higher adoption rate among the vehicle manufacturers leading to overall market growth.

According to 6Wresearch, India Advanced Driving Assistance Systems Market size is projected to grow at a CAGR of 54.7% during 2022-2028. The primary reason for growth in the advanced driving assistance systems demand can be attributed to government efforts to improve road safety and reduce the rate of road accidents that the country has been witnessing. Moreover, voluntary adoption of active as well as passive safety features by vehicle manufactures in India to enhance GNCAP ratings of the vehicles acted as a catalyst to the growth of advanced driving assistance systems in the country.

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