While identifying multiple growth opportunities for the specialty-equipment industry, the recently released “SEMA Advanced Vehicle Technology Opportunities Report” predicts specific growth potential in the area of parking-assistance systems.
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. 106) predicts specific growth potential in the area of parking-assistance 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.
SEMA President and CEO Chris Kersting explains the opportunity that ADAS brings and how it will help the aftermarket industry grow.
While identifying multiple growth opportunities for the specialty-equipment industry, the recently released “SEMA Advanced Vehicle Technology Opportunities Report” predicts specific growth potential in the area of lateral-collision avoidance systems. To better understand this advanced driver assistance (ADAS) technology, SEMA News turned to SEMA Vice President of Vehicle Technology John Waraniak.
Although the U.S. aftermarket for advanced driver assistance systems (ADAS) and connected vehicle technologies (CVT) is still in its infancy, SEMA research indicates it 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. 90) predicts specific growth potential in the area of lateral-collision avoidance systems. To better understand this advanced driver assistance (ADAS) technology, SEMA News turned to SEMA Vice President of Vehicle Technology John Waraniak.
Although the U.S. aftermarket for advanced driver assistance systems (ADAS) and connected vehicle technologies (CVT) is still in its infancy, SEMA research indicates it 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.
To better understand this advanced driver assistance (ADAS) technology, SEMA News turned to SEMA Vice President of Vehicle Technology John Waraniak.
