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COVID-19 Impact & Recovery Analysis - Global Automotive ADAS Aftermarket 2020-2024 | Growing Emphasis on Automotive Safety to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Jul 16, 2020--

Technavio has been monitoring the global automotive ADAS aftermarket size and it is poised to grow by USD 2.04 billion during 2020-2024, progressing at a CAGR of 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200715005837/en/

Technavio has announced its latest market research report titled Global Automotive ADAS Aftermarket 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Brandmotion LLC., Continental AG, Garmin Ltd., Gentex Corp., Intel Corp., Knorr-Bremse AG, Nortek Security & Control LLC, Valeo SA, VOXX International Corp., and WABCO Holdings Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growing emphasis on automotive safety has been instrumental in driving the growth of the market.

Automotive ADAS Aftermarket 2020-2024 : Segmentation

Automotive ADAS Aftermarket is segmented as below:

  • Technology
    • Passive Car Assists
    • FCWS And LDWS
    • Others
  • Geographic Landscape
    • APAC
    • Europe
    • North America
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR40268

Automotive ADAS Aftermarket 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive adas aftermarket report covers the following areas:

  • Automotive ADAS Aftermarket size
  • Automotive ADAS Aftermarket trends
  • Automotive ADAS Aftermarket industry analysis

This study identifies the growing online purchase of aftermarket ADAS as one of the prime reasons driving the automotive ADAS aftermarket growth during the next few years.

Automotive ADAS Aftermarket 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the automotive ADAS aftermarket, including some of the vendors such as Brandmotion LLC., Continental AG, Garmin Ltd., Gentex Corp., Intel Corp., Knorr-Bremse AG, Nortek Security & Control LLC, Valeo SA, VOXX International Corp., and WABCO Holdings Inc. Backed with competitive intelligence and benchmarking, our research reports on the automotive ADAS aftermarket are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Automotive ADAS Aftermarket 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist automotive ADAS aftermarket growth during the next five years
  • Estimation of the automotive ADAS aftermarket size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive ADAS aftermarket
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive ADAS aftermarket vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • Passive park assists - Market size and forecast 2019-2024
  • FCWS and LDWS - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing development of aftermarket ADAS for CVs
  • Development of highly accurate map content for ADAS
  • Growing online purchase of aftermarket ADAS

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Brandmotion LLC
  • Continental AG
  • Garmin Ltd.
  • Gentex Corp.
  • Intel Corp.
  • Knorr-Bremse AG
  • Nortek Security & Control LLC
  • Valeo SA
  • VOXX International Corp.
  • WABCO Holdings Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200715005837/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: HARDWARE AUTOMOTIVE TECHNOLOGY AUTOMOTIVE MANUFACTURING GENERAL AUTOMOTIVE SEMICONDUCTOR MANUFACTURING OTHER TECHNOLOGY

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 07/16/2020 01:30 AM/DISC: 07/16/2020 01:30 AM

http://www.businesswire.com/news/home/20200715005837/en

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