Market Potential for Lateral-Collision Avoidance Technologies

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.