North American Automotive Repair Aftermarket Report 2020: Growth Potential Spurred by ADAS - L0-2 ADAS-related Replacement Sensors to Grow at a CAGR 10.6% to 2030

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May 20, 2021, 11:15 ET

DUBLIN, May 20, 2021 /PRNewswire/ -- The "Advanced Driver Assist Systems Stimulating the North American Automotive Repair Aftermarket" report has been added to ResearchAndMarkets.com's offering.

Demand for Advanced Driver Assist Systems (ADAS) replacement sensors from light vehicle collision repairs in North America is forecast to generate a new market opportunity in the automotive repair aftermarket.

The research analysis estimates the L0-2 ADAS-related replacement sensors from the light vehicle collision repair market to grow at a CAGR of ~10.6% between 2020 and 2030, even as the increasing penetration of ADAS in the vehicle parc reduces crash rates, denting demand for traditional collision repair parts and services. ADAS sensors such as radar, LiDAR, cameras, night vision, and ultrasonic sensors are expected to drive new demand avenues from replacement and recalibration.

Aftermarket ADAS also opens up new growth opportunities for various industry stakeholders, including insurers, OEM dealers, IAM repair facilities, Telematics service providers, predictive analytics providers, and aftermarket sensor suppliers. The study examines the key aspects of the North American aftermarket ADAS ecosystem, including OEM ADAS penetration in light vehicles in operation, analysis of crash types, demand for ADAS sensor recalibration, and identification of key market participants.

Key Issues Addressed

What is the revenue potential from the sales of ADAS replacement sensors for light vehicles involved in collisions across North America between 2020 and 2030?
What is the OEM L0-2 ADAS penetration in the overall light vehicle parc?
What is the installed base and penetration of different OEM ADAS types (BSD, LDW, LKA, PDC, APA, ACC, AEB, FCW, TJA, and NV systems) in North American vehicles in operation?
What is the nature of crashes in the US by initial point of impact and severity, and how will this impact the demand for replacement sensors?
What is the demand for ADAS recalibration arising from vehicles involved in accidents?
What is the demand for ADAS recalibration arising from running repair jobs?
Which are the prominent aftermarket ADAS suppliers?
What are the important Growth Opportunities opening up in the ADAS aftermarket space?

Key Topics Covered:

1. Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the ADAS-Related Replacement Sensors Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine

2. Executive Summary

Executive Summary - Five Big Predictions
Executive Summary - Light Vehicle Collisions Data
Executive Summary - ADAS Base Sensor Topology in Light Vehicles
Executive Summary - Overview
Executive Summary - Unit Shipment Forecast
Executive Summary - Revenue Forecast

3. Growth Opportunity Analysis - ADAS-Related Replacement Sensors Aftermarket

ADAS-Related Replacement Sensors Aftermarket Scope of Analysis
ADAS-Related Replacement Sensors Aftermarket Market Segmentation by Demand
ADAS-Related Replacement Sensors Aftermarket Segmentation by Sensor Type
ADAS-Related Replacement Sensors Aftermarket Segmentation by Vehicle Type
Growth Drivers for ADAS-Related Replacement Sensors Aftermarket
Growth Restraints for ADAS-Related Replacement Sensors Aftermarket
Forecast Assumptions - ADAS-Related Replacement Sensors Aftermarket

4. Fundamentals of Driver Assist Systems

ADAS Autonomy Levels
ADAS Autonomy Levels - Definitions

5. Growth Opportunity Analysis - OEM ADAS

Key Growth Metrics for OEM ADAS
ADAS Penetration - Overview of the Vehicle Parc
ADAS Penetration by System

6. Growth Opportunity Analysis - ADAS Product Categories

ADAS Product Category - Lateral Collision Avoidance
ADAS Product Category - Blind Spot Detection
ADAS Product Category - Lane Departure Warning & Lane Keep Assist
ADAS Product Category - Park Assist System
ADAS Product Category - Park Distance Control & Auto Park Assist
ADAS Product Category - Forward Collision Avoidance System
ADAS Product Category - Forward Collision Warning (FCW)
ADAS Product Category - Autonomous Emergency Braking (AEB)
ADAS Product Category - Adaptive Cruise Control (ACC)
ADAS Product Category - Traffic Jam Assist (TJA)
ADAS Product Category - Night Vision

7. Growth Opportunity Analysis - Sensor Replacement

Key Growth Metrics for Sensor Replacement
Demand Forecast, Sensor Replacement from Frontal Impact Collisions
Revenue Forecast - Sensor Replacement from Frontal Impact Collisions
Demand Forecast - Sensor Replacement from Rear Impact Collisions
Revenue Forecast - Sensor Replacement from Rear Impact Collisions

8. Growth Opportunity Analysis - ADAS Sensor Calibration

Key Growth Metrics for ADAS Sensor Recalibration
ADAS Sensor Calibration - Overview
Demand Forecast - ADAS Sensor Calibration from Collision Repairs
Revenue Forecast - ADAS Sensor Calibration from Collision Repairs
Revenue Forecast, ADAS Sensor Calibration from Running Repairs
Demand Forecast - ADAS Sensor Calibration from Tire Replacements
Demand Forecast, ADAS Sensor Calibration from Windshield Replacements
Channel Preparedness for ADAS Sensor Calibration

9. Competitive Analysis - ADAS-Related Replacement Sensors Aftermarket

Competitive Environment - ADAS-Related Replacement Sensors Aftermarket
Competitive Landscape - Brandmotion
Competitive Landscape - Mobileye
Competitive Landscape - Epsilon Electronics

10. Growth Opportunity Universe - ADAS-Related Replacement Sensors Aftermarket

Growth Opportunity 1: B2B "ADAS Calibration on Wheels" Services for Collision Repair Facilities and Repair Shops
Growth Opportunity 2: ADAS Retrofits Complemented by Telematics to Aid Driving Behavior Monitoring for Fleets
Growth Opportunity 3: ADAS Retrofits for Private Cars Older than 8 Years
Growth Opportunity 4: Predictive Analytics Services for the Collision Repair Ecosystem

11. Appendix

Key Supplier Profiles - Brandmotion
Key Supplier Profiles - Mobileye
Key Supplier Profiles - Garmin
Key Supplier Profiles - Gentex Corporation
Key Supplier Profiles - Voxx Electronic Corporation (VEC)
Key Supplier Profiles - Alpine Electronics
Key Supplier Profiles - Cedar Electronics (Cobra)
Key Supplier Profiles - Accele Electronics
Key Supplier Profiles - Echomaster (AAMP Global)
Key Supplier Profiles - American Road Products (ARP)
Key Supplier Profiles - Rostra Accessories
Key Supplier Profiles - Whistler Electronics
Key Supplier Profiles - Epsilon Electronics

12. Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/gor2w0

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