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The future of the automotive ACC system market in India looks promising with opportunities in OEM and aftermarkets. The major drivers of growth for this market are increasing luxury and premium vehicle production, rising number of accidents, government initiatives to improve fuel efficiency and safety attributes, and consumer willingness to pay for comfort and safety.
Emerging trends, which have a direct impact on the dynamics of the industry, include the development of fusion sensor technology in ACC and the development of ACC with eHorizon.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of automotive ACC system market in India report, download the report brochure.
Automotive ACC system Market in India by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Automotive ACC system Market in India:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the automotive ACC system market in India by technology, vehicle type, and end user as follows:
By Technology ($ Million and Million Units from 2014 to 2025)
By Vehicle Type ($ Million and Million Units from 2014 to 2025)
SUV and Crossover
By End User ($ Million and Million Units from 2014 to 2025)
On the basis of our comprehensive research, Lucintel forecasts that the sensor fusion and radar segments are expected to show above average growth during the forecast period.
Within the automotive ACC system market, the radar segment is expected to remain the largest market, as it is used in all types of weather and situations while LIDAR-based ACC systems do not detect and track vehicles in adverse weather conditions nor do they reliably track extremely dirty (non-reflective) vehicles, which would spur growth for this segment over the forecast period.
Some of the features of “Opportunities in the Automotive ACC System Market in India 2014-2025: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Automotive ACC system market size estimation in terms of value ($M) and volume shipment.
Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by technology, vehicle type, and end user.
Segmentation analysis: Automotive ACC system market size by various applications such as technology, vehicle, and end user in terms of value and volume shipment
Growth opportunities: Analysis on growth opportunities in different technology, vehicle type, and end user.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive ACC system market in India by technology (radar, LIDAR, and sensor fusion), vehicle type (large car, SUV and crossover, mid-size car, compact/MPV/pick-up), and end user (OEM and aftermarket) ?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?