India Autonomous Vehicle Market Share, Size, Report 2024-2032

Name: India Autonomous Vehicle Market Size, Share, Growth and Industry Report
Creator: IMARC Group
License: https://www.imarcgroup.com/privacy-policy
Keywords: India Autonomous Vehicle Market Report

India Autonomous Vehicle Market Report by Component (Hardware, Software and Services), Level of Automation (Level 3, Level 4, Level 5), Application (Transportation and Logistics, Military and Defense), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A6315

Buy Now New Year Sale

Market Overview:

The India autonomous vehicle market size is expected to exhibit a growth rate (CAGR) of 19.4% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate 2024-2032	19.4%

Autonomous vehicles, also known as driverless cars or self-driving cars, can operate by themselves and perform necessary functions by analyzing and sensing their surroundings with minimal to no human intervention. Equipped with artificial intelligence (AI) software, light detection and ranging (LiDAR), radio detection and ranging (RADAR), and sensor-integrated cameras, they can create an active 3D map of their surroundings. These 3D maps track the motion sequences of 3D structures based on corresponding points in images, assist the vehicles to continuously monitor the surrounding environment and maneuver independently. Additionally, these automobiles deploy connected technology to facilitate vehicle-to-vehicle and infrastructure-to-vehicle communication, which results in effective traffic management. Some of the other advantages offered by autonomous vehicles include enhanced safety features, less battery operation costs, and reduced fuel consumption and emissions.

India Autonomous Vehicle Market Trends:

The market is primarily driven by continual technological advancements in the automotive sector across the country, which results in the increasing adoption of the Internet of Things (IoT), machine learning (ML) and artificial intelligence (AI). Moreover, the augmenting installation of smart traffic lights and connected infrastructure in toll booths, car parks to reduce traffic congestion is providing an impetus to the market. In addition to this, the inflating disposable incomes of the masses are creating a positive market outlook. The market is further driven by the incorporation of advanced features, such as automatic emergency braking (AEB) and lane departure warning (LDW), that augment self-driving capabilities in cars while ensuring low risks of accidents. Some of the other factors creating lucrative growth opportunities include stringent government regulations focusing on increasing road safety and extensive research and development (R&D) activities conducted by key players in India.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India autonomous vehicle market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on component, level of automation and application.

Breakup by Component:

India Autonomous Vehicle Market

Hardware
Software and Services

Breakup by Level of Automation:

Level 3
Level 4
Level 5

Breakup by Application:

Transportation and Logistics
Military and Defense

Breakup by Region:

North India
West and Central India
South India
East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Component, Level of Automation, Application, Region
Region Covered	North India, West and Central India, South India, East 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

We expect the India autonomous vehicle market to exhibit a CAGR of 19.4% during 2024-2032.

The introduction of advanced product variants that are equipped with internet connectivity, safety alerts, automatic crash notifications, etc., along with the growing need for efficient mode of transportation, is primarily driving the India autonomous vehicle market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary closure of numerous manufacturing units for autonomous vehicles.

Based on the component, the India autonomous vehicle market can be segmented into hardware and software and services. Currently, hardware holds the majority of the total market share.

Based on the level of automation, the India autonomous vehicle market has been divided into level 3, level 4, and level 5. Among these, level 3 currently exhibits a clear dominance in the market.

Based on the application, the India autonomous vehicle market can be categorized into transportation and logistics and military and defense. Currently, transportation and logistics account for the largest market share.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase Options

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.