Demand for Safety-Performance Technologies Increasing
With OEMs rapidly adding safety-performance tech to their platforms, many companies are feeling the impact of advanced driver assistance systems (ADAS) hitting the market.
With OEMs rapidly adding safety-performance tech to their platforms, many companies are feeling the impact of advanced driver assistance systems (ADAS) hitting the market.
Has your business felt the impact of the increasing number of advanced driver assistance systems (ADAS) coming into the market?
Has your business felt the impact of the rapidly increasing number of advanced driver assistance systems (ADAS) coming into the market? If not, it’s just a matter of time, since the OEMs are racing to add a wide range of the safety-performance technologies to their latest platforms.
Has your business felt the impact of the rapidly increasing number of advanced driver assistance systems (ADAS) coming into the market? If not, it’s just a matter of time, since the OEMs are racing to add a wide range of the safety-performance technologies to their latest platforms.
SEMA Vice President of Vehicle Technology John Waraniak shares some insight regarding the industry's challenges and opportunities with the evolution of Advanced Driver Assistance Systems.
The impact of advanced driver assistance systems (ADAS) is already being felt by the automotive specialty-equipment and collision-repair industries, raising new challenges and opportunities. In this interview, SEMA Vice President of Vehicle Technology John Waraniak shares some frontline insights regarding the current state of aftermarket preparedness, along with association efforts to educate and ready businesses for the rapid changes they face.
To better understand this advanced driver assistance systems (ADAS) technology, SEMA News turned to SEMA Vice President of Vehicle Technology John Waraniak.
SEMA research indicates that the U.S. aftermarket for advanced driver assistance systems (ADAS) and connected vehicle technologies (CVT), though still in its infancy, can be expected to grow into a $1.5 billion industry within the next five years.
While identifying multiple growth opportunities for the specialty-equipment industry, the recently released “SEMA Advanced Vehicle Technology Opportunities Report” (see p. 328) predicts aftermarket growth potential in some types of driver vision augmentation (DVA) systems. To better understand this advanced driver assistance systems (ADAS) technology, SEMA News turned to SEMA Vice President of Vehicle Technology John Waraniak.
SEMA research indicates that the U.S. aftermarket for advanced driver assistance systems (ADAS) and connected vehicle technologies (CVT), though still in its infancy, can be expected to grow into a $1.5 billion industry within the next five years. With so much at stake in these rapidly emerging technologies, SEMA has made identifying ADAS/CVT opportunities for association members a key priority.