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Driven by regulation, consumer acceptance, and rapid strides in active safety system technology, the penetration of Advanced Driver Assist Systems (ADAS) in European new Light Vehicle sales has grown at a blistering pace. Even as increasing ADAS-equipped vehicle sales are anticipated to translate into lower crash rates and severity in the long term...

21 Apr 2020  |  North America  |  Market Research

Impact Analysis of ADAS on the US Collision Repair Market, Forecast to 2030

ADAS Technology is Poised to Change the Course of the Market and Open Up Opportunities for Specialized Repair Services

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The collision repair market in the United States is at an interesting crossroad. After years of decline due to improving vehicle safety and smart legislation, crashes have been edging up after the recession. Many factors—distracted driving, growth in vehicles in operation (VIO) in a rebounding economy, and increasing congestion, among others—have b...

27 Nov 2020  |  North America  |  Market Research

Advanced Driver Assist Systems Stimulating the North American Automotive Repair Aftermarket

Growth Potential of the Automotive Repair Aftermarket Spurred by ADAS

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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. Frost and Sullivan analysis estimates the L0-2 ADAS-related replacement sensors from the light vehicle collision repair market to grow at a ...

Unit shipment in the North American collision repair equipment market is expected to grow in the coming years. Increase in vehicles in operation (VIO) coupled with the incremental miles travelled by vehicles, along with usage of alternate and light weighting materials, will largely drive unit shipments during the forecast period. Increase in the co...

Diagnostics-as-a-Service (DaaS) is a new, growing business model seeing widespread acceptance in auto diagnostics. After years of improvement and innovation in R&D, DaaS players have created unique solutions to help all segments of automotive repair workshops on vehicle diagnostics. Though many key players have been around for more than 10 years, t...

This research service analyzes the Indian passenger and small commercial vehicles aftermarket, the aftermarket's future outlook, and the opportunities it offers to various participants in the value chain. The base year for the analysis is 2019, and the forecast period is 2020 to 2026. The study discusses the impact of various factors—economic clim...

The North American medium and heavy-duty commercial vehicle (CV) electronic service tools (EST) market is experiencing gradual and sustained growth, driven by interesting industry dynamics, such as advancements in vehicle complexity, a growing focus on vehicle efficiency and fuel economy, the increasing demand for a well-rounded fleet management pa...

07 Mar 2019  |  North America  |  Market Research

Uberization of Vehicle Service—Business Model and Revenue Analysis, 2017–2025

$1.8 Billion in Total Service Revenue to be Booked From Online Service Marketplaces Across North America and Europe in 2025

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The aim of this study is to research, analyze, and forecast the business impact of the service marketplaces business model in the automotive aftermarket. Service marketplaces are a direct outcome of the digital wave disrupting the automotive aftermarket service industry. As per Frost & Sullivan’s analysis, a majority of the activity is currently vi...

This Frost & Sullivan report on the European brake component aftermarket industry covers classes A to F, MPV SUV, vans, and pick ups (passenger cars and light trucks) in 27 countries of the European Union as well as the United Kingdom. The study examines the volume (154.6 million units) and value ($3.85 billion) of the industry. The analysis includ...