SEMA research indicates that the U.S. aftermarket for advanced driver assistance systems (ADAS) and connected vehicle technologies (CVT), although still in its infancy, can be expected to grow into a $1.5 billion industry within the next five years.
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DIAMOND BAR, Calif. (Oct. 9, 2017) -- The aftermarket industry for safety features known as Advanced Driver Assistance Systems (ADAS) is currently valued at just under $1 billion, and is expected to grow to more than $1.5 billion by 2021, according to a SEMA-commissioned study conducted by Ducker Worldwide and the Center for Automotive Research.
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