ADAS Aftermarket
ADAS Aftermarket Study by Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles from 2024 to 2034
Analysis of ADAS Aftermarket Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
ADAS Aftermarket Outlook (2024 to 2034)
The global ADAS aftermarket is estimated to be valued at US$ 1,238.2 million in 2024 and is forecast to reach a value of US$ 3,040.6 million by 2034, with a projected CAGR of 9.4% from 2024 to 2034.
The ecosystem is poised for significant development, driven by lucrative growth prospects such as vehicle electrification, the trend towards autonomous driving, and the integration of multifunctional sensors within the evolving automotive sector.
The surge in vehicle electrification is a prime driver, offering substantial growth avenues. Industry leaders are heavily investing in autonomous vehicle technology, recognizing its pivotal role in the automotive landscape. A crucial prerequisite for vehicle automation is seamless ADAS integration.
Companies are actively working towards achieving a high level of vehicle automation by amalgamating diverse ADAS sensors like radar, LIDAR, and cameras. These multifunctional sensors, particularly prevalent in electric and autonomous vehicles, present lucrative opportunities, thereby propelling the growth trajectory of the ADAS aftermarket.
Report Attributes | Details |
---|---|
Estimated Market Value (2024E) | US$ 1,238.2 million |
Forecasted Market Value (2034F) | US$ 3,040.6 million |
Global Market Growth Rate (2024 to 2034) | 9.4% CAGR |
OES (Original Equipment Suppliers) Segment Growth Rate (2024 to 2034) | 9.9% CAGR |
Passenger Cars Segment Growth Rate (2024 to 2034) | 8.8% |
North America Market Share (2024) | 24.7% |
East Asia Market Share (2024) | 35.2% |
Key Companies Profiled | Robert Bosch GmbH; Continental AG; ZF Friedrichshafen AG; Denso Corp.; Aptiv Plc; Valeo SA; Magna International Inc.; Veoneer Inc.; Aisin Corporation |
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Which Factors are promoting the Growth of ADAS Aftermarket?
Evolving Consumer Demand for Advanced Technological Features in Automobiles
The surge in demand for the ADAS Aftermarket is primarily propelled by heightened requests from automotive manufacturers worldwide, driven by a collective emphasis on passenger car safety, comfort, and stringent government regulations.
The market growth trajectory is expected to be influenced by the escalating demand for advanced technologies like night vision, drowsiness monitoring, and road sign recognition systems. This heightened demand is a response to increasing government mandates aimed at enhancing road safety and reducing accidents. Thus, there is a projected significant surge in the adoption of conventional ADAS systems such as autonomous emergency braking systems and adaptive cruise control systems
The continuous advancements in ADAS technology, including innovations in sensors, cameras, radar systems, and software, contribute significantly to market growth. As these technologies become more sophisticated and efficient, there is a heightened interest among consumers in upgrading their vehicles to benefit from these enhanced safety and convenience features, further driving the growth of the ADAS aftermarket.
The Rising Demand for Autonomous Vehicle
The advent of self-driving vehicles is poised to revolutionize commuting significantly. This transformation is attributed to the simplification of driving tasks facilitated by various features of ADAS technologies, encompassing lane monitoring, emergency braking, stability controls, and more.
Autonomous vehicles rely on sophisticated systems and state-of-the-art technology, including LiDAR, radar, ultrasonic sensors, and high-definition cameras, to gather extensive data. The multitude of benefits offered by the ADAS system stands as a driving force propelling growth within the targeted market landscape.
What are the key Challenges Faced by ADAS Aftermarket?
Technological Complexities may hinder the Market Growth
Keeping up with evolving safety regulations and standards across different regions can be challenging. Compliance with diverse and stringent requirements poses hurdles for aftermarket manufacturers and service providers.
The rapid evolution of ADAS technologies brings complexities in installation, calibration, and maintenance. Specialized knowledge and equipment are required, posing challenges for smaller repair shops and technicians. ADAS components and systems can be expensive, affecting their accessibility in the aftermarket. Retrofitting older vehicles with these systems can be cost-prohibitive for some consumers.
ADAS systems serve as precursors to full autonomy. Integrating these systems seamlessly into future autonomous vehicle frameworks while maintaining compatibility and safety standards presents a considerable challenge. Educating consumers about the benefits, limitations, and maintenance requirements of ADAS systems remains essential. Many users may not fully understand the capabilities or necessity of these technologies.
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Country-wise Insights
The North America ADAS aftermarket is poised for exceptional growth, projecting a CAGR of 8.3% through 2034. It is primarily attributed to increasing demand in key countries, notably the United States and Canada. In 2024, the United States will dominate with an estimated 85.1% market share.
Meanwhile, the East Asia ADAS aftermarket is anticipated to exhibit substantial progress, aiming for a 10.5% CAGR through 2034. In East Asia, China emerges as the key player in the industry, commanding a significant share of 81.7% in 2024.
What is the Growth Scenario of the ADAS Aftermarket in the United States?
“Proliferating Automobile Sales to drive ADAS Aftermarket”
Attribute | United States |
---|---|
Market Value (2024) | US$ 260.5 million |
Growth Rate (2024 to 2034) | 8.2% CAGR |
Projected Value (2034) | US$ 573.5 million |
The United States is forecast to hold 84.2% of the North American market share by the end of 2034. In this region, the ADAS (Advanced Driver Assistance Systems) aftermarket is experiencing significant growth, largely propelled by the strong presence of leading automotive and spare parts manufacturing firms. The rapid and widespread integration of ADAS systems within vehicles further drives this expansion.
Moreover, the United States market commands a substantial share of the ADAS aftermarket, buoyed by improved economic conditions across the automotive industry. Factors such as increasing mortality rates and a surge in sales of high-end vehicles contribute to this growth trend.
What is driving the ADAS Aftermarket in China?
“Growing Automotive Industry to Boost the ADAS Aftermarket Market Growth in China.”
Attribute | China |
---|---|
Market Value (2024) | US$ 356.6 million |
Growth Rate (2024 to 2034) | 10.3% CAGR |
Projected Value (2034) | US$ 954.0 million |
China is forecast to hold an 80.7% share of East Asia market revenue by 2034. The expansion of the automotive industry in China, including the production of traditional and electric vehicles, has significantly contributed to the increasing availability and integration of ADAS in vehicles.
The country's technological advancements and a growing emphasis on innovation have also fostered a fertile environment for the development and deployment of ADAS solutions
China's ascension in the advanced driver assistance systems aftermarket is attributed to two key factors: the increasing integration of advanced electronics in automobiles worldwide and the substantial manufacturing output of traditional and electric vehicles within China itself.
Government initiatives, such as the promotion of adaptive cruise control and emergency brake systems, are strategically designed to incentivize domestic Original Equipment Manufacturers (OEMs) to actively participate in this burgeoning market.
Category-wise Insights
Based on the vehicle type, the passenger car segment is estimated to hold a 58.1% market share in 2024. Simultaneously, the light commercial vehicle segment is anticipated to secure a 34.5% share, contributing significantly to the ADAS aftermarket growth. Based on sales channels, the OEM (Original Equipment Supplier) segment marks its dominance in the industry, with a share of 60.3% in 2024.
Which is the most Popular Vehicle Type?
“High Demand Predicted for the Passenger Car Segment”
Attribute | Passenger Car |
---|---|
Segment Value (2024) | US$ 719.4 million |
Growth Rate (2024 to 2034) | 8.8% CAGR |
Projected Value (2034) | US$ 1,669.3 million |
Based on vehicle type, the passenger car segment is forecasted to hold 54.9% of the ADAS aftermarket share by 2034. The prevalence of advanced driver assistance systems in passenger vehicles surpasses their adoption in other vehicle categories. Unfortunately, passenger vehicles contribute significantly to global fatality incidents, driving the urgent need for enhanced safety measures.
As a response to this alarming trend and to bolster driver safety, there's been a widespread installation of ADAS systems, particularly driver monitoring systems (DMS) and night vision systems (NVS), in a substantial volume of passenger vehicles worldwide.
This widespread integration of ADAS technologies in passenger vehicles catalyzes the burgeoning ADAS aftermarket on a global scale, aiming to mitigate accident rates and ensure improved driver safety across diverse road conditions.
Which Sales Channel Contributes The Highest Revenue to The Market?
“OEM (Original Equipment Supplier) segment is expected to Dominate Market.”
Attribute | OEM (Original Equipment Supplier) |
---|---|
Segment Value (2024) | US$ 746.6 million |
Growth Rate (2024 to 2034) | 9.9% CAGR |
Projected Value (2034) | US$ 1927.8 million |
The global ADAS aftermarket is predominantly led by the OES (Original Equipment Suppliers) segment in terms of sales channels, poised to maintain its dominance with a substantial value share of 63.4% during the forecast period.
OES operates with licensed rights to distribute OEM (Original Equipment Manufacturer) components from specific businesses. The rise in consumer preference for authentic replacement parts has led to a proliferation of OES entities across various regions.
This surge is driven by the growing emphasis on vehicle safety, prompting owners to invest significantly in preventive measures and prioritize vehicle servicing through OES outlets. This consumer behavior solidifies the segment's significant standing within the targeted market landscape.
Know thy Competitors
Competitive landscape highlights only certain players
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Competitive Landscape
In the fiercely competitive landscape of the global ADAS (Advanced Driver Assistance Systems) aftermarket, major players employ diverse business tactics to expand their market presence. Strategies like forming joint ventures, striking agreements, and engaging in acquisitions and mergers across the value chain are common.
Moreover, manufacturers stay agile by consistently launching innovative products that cater to evolving consumer needs, all while emphasizing top-notch product quality and streamlined service delivery.
- Robert Bosch GmbH is a major global supplier of automotive components and technology, particularly known for its innovations in ADAS systems like sensors, cameras, and control units.
- In November 2022, Continental is poised to introduce Advanced Driver Assistance Systems (ADAS) solutions leveraging Ambarella's "CV3" artificial intelligence (AI) system-on-chip (SoC) family. This collaborative initiative integrates high-performance, power-efficient, and scalable SoC technology designed specifically for ADAS applications. This partnership strengthens Continental's array of assisted driving solutions, propelling advancements in vehicle automation capabilities.
ADAS Aftermarket - Key Segments
-
By Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
-
By Sales Channel:
- OES (Original Equipment Suppliers)
- IAM (Independent Aftermarket)
-
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Aftermarket Analysis 2019 to 2023 and Forecast, 2024 to 2034
- 5. Global Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vehicle Type
- 5.1. Passenger Cars
- 5.2. Light Commercial Vehicles
- 5.3. Heavy Commercial Vehicles
- 6. Global Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales-Channel
- 6.1. OES (Original Equipment Suppliers)
- 6.2. IAM (Independent Aftermarket)
- 7. Global Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Western Europe
- 7.4. Eastern Europe
- 7.5. South Asia and Pacific
- 7.6. East Asia
- 7.7. Middle East and Africa
- 8. North America Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 9. Latin America Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 10. Western Europe Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 11. Eastern Europe Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 12. South Asia and Pacific Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 13. East Asia Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 14. Middle East and Africa Aftermarket Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 15. Key Countries Aftermarket Analysis
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Robert Bosch GmbH
- 17.2. Continental AG
- 17.3. ZF Friedrichshafen AG
- 17.4. Denso Corp.
- 17.5. Aptiv Plc
- 17.6. Valeo SA
- 17.7. Magna International Inc.
- 17.8. Veoneer Inc.
- 17.9. Aisin Corporation
- 17.10. Hitachi Astemo, Ltd
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
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List Of Table
Table 1: Global Aftermarket Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Aftermarket Volume (Units) Forecast by Region, 2019 to 2034
Table 3: Global Aftermarket Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034
Table 4: Global Aftermarket Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 5: Global Aftermarket Value (US$ Million) Forecast by Sales-Channel, 2019 to 2034
Table 6: Global Aftermarket Volume (Units) Forecast by Sales-Channel, 2019 to 2034
Table 7: North America Aftermarket Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Aftermarket Volume (Units) Forecast by Country, 2019 to 2034
Table 9: North America Aftermarket Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034
Table 10: North America Aftermarket Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 11: North America Aftermarket Value (US$ Million) Forecast by Sales-Channel, 2019 to 2034
Table 12: North America Aftermarket Volume (Units) Forecast by Sales-Channel, 2019 to 2034
Table 13: Latin America Aftermarket Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Aftermarket Volume (Units) Forecast by Country, 2019 to 2034
Table 15: Latin America Aftermarket Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034
Table 16: Latin America Aftermarket Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 17: Latin America Aftermarket Value (US$ Million) Forecast by Sales-Channel, 2019 to 2034
Table 18: Latin America Aftermarket Volume (Units) Forecast by Sales-Channel, 2019 to 2034
Table 19: Western Europe Aftermarket Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Aftermarket Volume (Units) Forecast by Country, 2019 to 2034
Table 21: Western Europe Aftermarket Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034
Table 22: Western Europe Aftermarket Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 23: Western Europe Aftermarket Value (US$ Million) Forecast by Sales-Channel, 2019 to 2034
Table 24: Western Europe Aftermarket Volume (Units) Forecast by Sales-Channel, 2019 to 2034
Table 25: Eastern Europe Aftermarket Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Aftermarket Volume (Units) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Aftermarket Value (US$ Mn) Forecast by Vehicle Type, 2019 to 2034
Table 28: Eastern Europe Aftermarket Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 29: Eastern Europe Aftermarket Value (US$ Mn) Forecast by Sales-Channel, 2019 to 2034
Table 30: Eastern Europe Aftermarket Volume (Units) Forecast by Sales-Channel, 2019 to 2034
Table 31: South Asia and Pacific Aftermarket Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Aftermarket Volume (Units) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Aftermarket Value (US$ Mn) Forecast by Vehicle Type, 2019 to 2034
Table 34: South Asia and Pacific Aftermarket Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 35: South Asia and Pacific Aftermarket Value (US$ Mn) Forecast by Sales-Channel, 2019 to 2034
Table 36: South Asia and Pacific Aftermarket Volume (Units) Forecast by Sales-Channel, 2019 to 2034
Table 37: East Asia Aftermarket Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 38: East Asia Aftermarket Volume (Units) Forecast by Country, 2019 to 2034
Table 39: East Asia Aftermarket Value (US$ Mn) Forecast by Vehicle Type, 2019 to 2034
Table 40: East Asia Aftermarket Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 41: East Asia Aftermarket Value (US$ Mn) Forecast by Sales-Channel, 2019 to 2034
Table 42: East Asia Aftermarket Volume (Units) Forecast by Sales-Channel, 2019 to 2034
Table 43: Middle East and Africa Aftermarket Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Aftermarket Volume (Units) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Aftermarket Value (US$ Mn) Forecast by Vehicle Type, 2019 to 2034
Table 46: Middle East and Africa Aftermarket Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 47: Middle East and Africa Aftermarket Value (US$ Mn) Forecast by Sales-Channel, 2019 to 2034
Table 48: Middle East and Africa Aftermarket Volume (Units) Forecast by Sales-Channel, 2019 to 2034
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List Of Figures
Figure 1: Global Aftermarket Value (US$ Million) by Vehicle Type, 2024 to 2034
Figure 2: Global Aftermarket Value (US$ Million) by Sales-Channel, 2024 to 2034
Figure 3: Global Aftermarket Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Aftermarket Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Aftermarket Volume (Units) Analysis by Region, 2019 to 2034
Figure 6: Global Aftermarket Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Aftermarket Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Aftermarket Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034
Figure 9: Global Aftermarket Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 10: Global Aftermarket Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 11: Global Aftermarket Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 12: Global Aftermarket Value (US$ Million) Analysis by Sales-Channel, 2019 to 2034
Figure 13: Global Aftermarket Volume (Units) Analysis by Sales-Channel, 2019 to 2034
Figure 14: Global Aftermarket Value Share (%) and BPS Analysis by Sales-Channel, 2024 to 2034
Figure 15: Global Aftermarket Y-o-Y Growth (%) Projections by Sales-Channel, 2024 to 2034
Figure 16: Global Aftermarket Attractiveness by Vehicle Type, 2024 to 2034
Figure 17: Global Aftermarket Attractiveness by Sales-Channel, 2024 to 2034
Figure 18: Global Aftermarket Attractiveness by Region, 2024 to 2034
Figure 19: North America Aftermarket Value (US$ Million) by Vehicle Type, 2024 to 2034
Figure 20: North America Aftermarket Value (US$ Million) by Sales-Channel, 2024 to 2034
Figure 21: North America Aftermarket Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Aftermarket Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Aftermarket Volume (Units) Analysis by Country, 2019 to 2034
Figure 24: North America Aftermarket Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Aftermarket Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Aftermarket Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034
Figure 27: North America Aftermarket Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 28: North America Aftermarket Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 29: North America Aftermarket Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 30: North America Aftermarket Value (US$ Million) Analysis by Sales-Channel, 2019 to 2034
Figure 31: North America Aftermarket Volume (Units) Analysis by Sales-Channel, 2019 to 2034
Figure 32: North America Aftermarket Value Share (%) and BPS Analysis by Sales-Channel, 2024 to 2034
Figure 33: North America Aftermarket Y-o-Y Growth (%) Projections by Sales-Channel, 2024 to 2034
Figure 34: North America Aftermarket Attractiveness by Vehicle Type, 2024 to 2034
Figure 35: North America Aftermarket Attractiveness by Sales-Channel, 2024 to 2034
Figure 36: North America Aftermarket Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Aftermarket Value (US$ Million) by Vehicle Type, 2024 to 2034
Figure 38: Latin America Aftermarket Value (US$ Million) by Sales-Channel, 2024 to 2034
Figure 39: Latin America Aftermarket Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Aftermarket Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Aftermarket Volume (Units) Analysis by Country, 2019 to 2034
Figure 42: Latin America Aftermarket Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Aftermarket Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Aftermarket Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034
Figure 45: Latin America Aftermarket Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 46: Latin America Aftermarket Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 47: Latin America Aftermarket Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 48: Latin America Aftermarket Value (US$ Million) Analysis by Sales-Channel, 2019 to 2034
Figure 49: Latin America Aftermarket Volume (Units) Analysis by Sales-Channel, 2019 to 2034
Figure 50: Latin America Aftermarket Value Share (%) and BPS Analysis by Sales-Channel, 2024 to 2034
Figure 51: Latin America Aftermarket Y-o-Y Growth (%) Projections by Sales-Channel, 2024 to 2034
Figure 52: Latin America Aftermarket Attractiveness by Vehicle Type, 2024 to 2034
Figure 53: Latin America Aftermarket Attractiveness by Sales-Channel, 2024 to 2034
Figure 54: Latin America Aftermarket Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Aftermarket Value (US$ Million) by Vehicle Type, 2024 to 2034
Figure 56: Western Europe Aftermarket Value (US$ Million) by Sales-Channel, 2024 to 2034
Figure 57: Western Europe Aftermarket Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Aftermarket Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Aftermarket Volume (Units) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Aftermarket Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Aftermarket Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Aftermarket Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034
Figure 63: Western Europe Aftermarket Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 64: Western Europe Aftermarket Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 65: Western Europe Aftermarket Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 66: Western Europe Aftermarket Value (US$ Million) Analysis by Sales-Channel, 2019 to 2034
Figure 67: Western Europe Aftermarket Volume (Units) Analysis by Sales-Channel, 2019 to 2034
Figure 68: Western Europe Aftermarket Value Share (%) and BPS Analysis by Sales-Channel, 2024 to 2034
Figure 69: Western Europe Aftermarket Y-o-Y Growth (%) Projections by Sales-Channel, 2024 to 2034
Figure 70: Western Europe Aftermarket Attractiveness by Vehicle Type, 2024 to 2034
Figure 71: Western Europe Aftermarket Attractiveness by Sales-Channel, 2024 to 2034
Figure 72: Western Europe Aftermarket Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Aftermarket Value (US$ Million) by Vehicle Type, 2024 to 2034
Figure 74: Eastern Europe Aftermarket Value (US$ Million) by Sales-Channel, 2024 to 2034
Figure 75: Eastern Europe Aftermarket Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Aftermarket Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Aftermarket Volume (Units) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Aftermarket Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Aftermarket Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Aftermarket Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034
Figure 81: Eastern Europe Aftermarket Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 82: Eastern Europe Aftermarket Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 83: Eastern Europe Aftermarket Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 84: Eastern Europe Aftermarket Value (US$ Million) Analysis by Sales-Channel, 2019 to 2034
Figure 85: Eastern Europe Aftermarket Volume (Units) Analysis by Sales-Channel, 2019 to 2034
Figure 86: Eastern Europe Aftermarket Value Share (%) and BPS Analysis by Sales-Channel, 2024 to 2034
Figure 87: Eastern Europe Aftermarket Y-o-Y Growth (%) Projections by Sales-Channel, 2024 to 2034
Figure 88: Eastern Europe Aftermarket Attractiveness by Vehicle Type, 2024 to 2034
Figure 89: Eastern Europe Aftermarket Attractiveness by Sales-Channel, 2024 to 2034
Figure 90: Eastern Europe Aftermarket Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Aftermarket Value (US$ Million) by Vehicle Type, 2024 to 2034
Figure 92: South Asia and Pacific Aftermarket Value (US$ Million) by Sales-Channel, 2024 to 2034
Figure 93: South Asia and Pacific Aftermarket Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Aftermarket Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Aftermarket Volume (Units) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Aftermarket Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Aftermarket Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Aftermarket Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034
Figure 99: South Asia and Pacific Aftermarket Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 100: South Asia and Pacific Aftermarket Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 101: South Asia and Pacific Aftermarket Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 102: South Asia and Pacific Aftermarket Value (US$ Million) Analysis by Sales-Channel, 2019 to 2034
Figure 103: South Asia and Pacific Aftermarket Volume (Units) Analysis by Sales-Channel, 2019 to 2034
Figure 104: South Asia and Pacific Aftermarket Value Share (%) and BPS Analysis by Sales-Channel, 2024 to 2034
Figure 105: South Asia and Pacific Aftermarket Y-o-Y Growth (%) Projections by Sales-Channel, 2024 to 2034
Figure 106: South Asia and Pacific Aftermarket Attractiveness by Vehicle Type, 2024 to 2034
Figure 107: South Asia and Pacific Aftermarket Attractiveness by Sales-Channel, 2024 to 2034
Figure 108: South Asia and Pacific Aftermarket Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Aftermarket Value (US$ Million) by Vehicle Type, 2024 to 2034
Figure 110: East Asia Aftermarket Value (US$ Million) by Sales-Channel, 2024 to 2034
Figure 111: East Asia Aftermarket Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Aftermarket Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Aftermarket Volume (Units) Analysis by Country, 2019 to 2034
Figure 114: East Asia Aftermarket Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Aftermarket Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Aftermarket Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034
Figure 117: East Asia Aftermarket Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 118: East Asia Aftermarket Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 119: East Asia Aftermarket Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 120: East Asia Aftermarket Value (US$ Million) Analysis by Sales-Channel, 2019 to 2034
Figure 121: East Asia Aftermarket Volume (Units) Analysis by Sales-Channel, 2019 to 2034
Figure 122: East Asia Aftermarket Value Share (%) and BPS Analysis by Sales-Channel, 2024 to 2034
Figure 123: East Asia Aftermarket Y-o-Y Growth (%) Projections by Sales-Channel, 2024 to 2034
Figure 124: East Asia Aftermarket Attractiveness by Vehicle Type, 2024 to 2034
Figure 125: East Asia Aftermarket Attractiveness by Sales-Channel, 2024 to 2034
Figure 126: East Asia Aftermarket Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Aftermarket Value (US$ Million) by Vehicle Type, 2024 to 2034
Figure 128: Middle East and Africa Aftermarket Value (US$ Million) by Sales-Channel, 2024 to 2034
Figure 129: Middle East and Africa Aftermarket Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Aftermarket Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Aftermarket Volume (Units) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Aftermarket Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Aftermarket Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Aftermarket Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034
Figure 135: Middle East and Africa Aftermarket Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 136: Middle East and Africa Aftermarket Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 137: Middle East and Africa Aftermarket Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 138: Middle East and Africa Aftermarket Value (US$ Million) Analysis by Sales-Channel, 2019 to 2034
Figure 139: Middle East and Africa Aftermarket Volume (Units) Analysis by Sales-Channel, 2019 to 2034
Figure 140: Middle East and Africa Aftermarket Value Share (%) and BPS Analysis by Sales-Channel, 2024 to 2034
Figure 141: Middle East and Africa Aftermarket Y-o-Y Growth (%) Projections by Sales-Channel, 2024 to 2034
Figure 142: Middle East and Africa Aftermarket Attractiveness by Vehicle Type, 2024 to 2034
Figure 143: Middle East and Africa Aftermarket Attractiveness by Sales-Channel, 2024 to 2034
Figure 144: Middle East and Africa Aftermarket Attractiveness by Country, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the ADAS aftermarket market in 2024?
The global ADAS aftermarket market is expected to be valued at US$ 1,238.2 million in 2024.
What is the anticipated value for ADAS aftermarket market in 2034?
By 2034, the market value of ADAS aftermarket is expected to reach US$ 3,040.6 million.
What is the expected forecast CAGR for ADAS aftermarket market from 2024-2034?
From 2024-2034, ADAS aftermarket demand is likely to surge at a 9.4% CAGR
How opportunistic is the Chinese market for ADAS aftermarket?
China is expected to register a 10.3% CAGR with regard to the ADAS aftermarket industry
At what rate is the market in North America predicted to grow?
The North America market for ADAS aftermarket is forecasted to expand at a CAGR of 8.3% through 2034.
What portion of global market is East Asia projected to hold by 2034?
East Asia is forecasted to account for 38.9% share of global market by 2034.