Automotive Electronics Market in India 2025:
How Big is the India Automotive Electronics Market ?
The India automotive electronics market size reached USD 11.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 18.6 Billion by 2033, exhibiting a growth rate (CAGR) of 5.8% during 2025-2033.
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 11.2 Billion
Market Size in 2033: USD 18.6 Billion
Market Growth Rate (CAGR) 2025-2033: 5.8%
India Automotive Electronics Market Trends and Drivers:
The India automotive electronics market is facing a major shift, spurred by growing adoption of newer technologies in vehicles to improve safety, connectivity, and fuel efficiency. As a greater emphasis on smart mobility solutions is growing, the use of electronics in automotive applications like advanced driver-assistance systems (ADAS), infotainment systems, and engine management systems is witnessing increased usage. Furthermore, the need for increased driving comfort and real-time data on the part of consumers is making carmakers invest in new electronic components. Additionally, the transition towards electric vehicles (EVs) has accelerated the demand for efficient battery management systems, power electronics, and digital instrument clusters even more. Essentially, increasing penetration of high-end and mid-segment vehicles with advanced electronic systems is compelling manufacturers to incorporate intelligent technologies that enhance vehicle performance and driver experience. Moreover, urbanization and increasing disposable incomes are facilitating the adoption of high-end electronic vehicles in both passenger and commercial segments.
Also, favorable government policies for electric mobility, digital infrastructure growth, and safety regulations are serving as powerful drivers for market growth. In addition, programs like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) initiative are supporting domestic manufacturing and innovation of automotive electronics. Additionally, an increased emphasis on lowering carbon emissions and vehicle efficiency has prompted OEMs to embrace smart control units and telematics solutions. The growth of IoT and connected cars in the auto industry is also creating demand for embedded systems and data-driven technologies. Essentially, growing cooperation among Indian carmakers and international technology companies is pushing ahead the rollout of next-generation automotive electronics suited for local requirements. Moreover, increased demand for after-market electronic accessories like GPS systems, reverse parking sensors, and digital instrument clusters is constantly driving segment growth. With technology driving a sea change in the automobile sector, India is poised to emerge as a major hub for manufacturing and innovation in automotive electronics.
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India Automotive Electronics Market Report and Segmentation:
The report has segmented the market into the following categories:
Component Insights:
- Electronic Control Unit
- Sensors
- Current Carrying Devices
- Others
Vehicle Type Insights:
- Light Commercial Vehicles
- Passenger Vehicles
- Heavy Commercial Vehicles
- Others
Distribution Channel Insights:
- OEM
- Aftermarket
Application Insights:
- ADAS
- Infotainment
- Body Electronics
- Safety Systems
- Powertrain
Regional Insights:
- North India
- South India
- East India
- West India
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Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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