ADAS technology, market share, calibrations and replacement components all are growing and expanding. MEMA Aftermarket suppliers are closely following the market for replacement sensors and parts and the ability of mechanical repair facilities to prepare for the increasing demand for calibrations.
Our new research report on the market opportunities for ADAS highlights some very interesting outlooks. Highlights from “ADAS Aftermarket Service Ecosystem 2035: Navigating the ADAS Adoption Curve” include:
ADAS systems are lowering the number of crashes.
ADAS is changing the repair workflow and introducing new players.
ADAS parts and service will grow at a 9.5% CAGR through 2035.
Mechanical shop ADAS business will outpace collision ADAS business by year 2031.