ADAS and the Aftermarket: How to Capture the Growth Opportunity
Most new vehicles—both light-duty and commercial—are now equipped with ADAS or Advanced Driver Assistance Systems.
As any new vehicle technology expands, the aftermarket opportunity follows. For component suppliers, distributors, retailers, and repair facilities, the numbers are eye-popping:
- The U.S. ADAS calibration equipment market will triple by 2033
- The U.S. ADAS parts replacement market is growing at 17% annually
But rapid growth and complexity are creating challenges. There are several different types of ADAS, both active and passive. ADAS systems employ different types of technologies. There are no standard specifications. There are multiple calibration procedures, all with different benefits and drawbacks
How can aftermarket businesses manage this complexity and take advantage of ADAS market growth?
How will industry standards and government regulations change to ensure ADAS are properly maintained and driver safety is prioritized?
Start by downloading our overview document, ADAS: Defined | Growth | Concerns | Recommendations, to:
Learn about ADAS technologies and how they’re calibrated
Review topline market growth projections
Review our initial recommendations for addressing market complexity to ensure the aftermarket can profitably maintain and replace ADAS
Next Up: In early 2025, we will release our ADAS Market Intelligence Report. This report can be the foundation of an ADAS aftermarket business plan, with statistics documenting how maintenance and calibration work is managed and detailed market growth projections.
MEMA Aftermarket Suppliers will be making all of its ADAS research, and feedback on how to capture the business opportunities it’s creating, available to members. If you’re interested in becoming a member, please contact Brenna McCann.