Research Overview

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, a substantial proportion of the European light vehicle parc is estimated to be made up of non-ADAS vehicles even in the year 2030. The significant presence of such vehicles lacking active crash mitigation systems will counter the safety-boosting effects of ADAS vehicles and, hence, continue to drive collisions in the European region, albeit at a rate slightly lower than current levels. These collisions involving ADAS vehicles will, therefore, create growth opportunities in the ADAS sensor replacement and recalibration aftermarket. By investing in the right expertise and equipment, the independent aftermarket can capitalise on these emerging opportunities in the body repair segment.

The study has analysed the prevalent crash rates in major European market segments and forecasted the crash volumes from 2020 to 2030. The data is further sliced to account for the nature of the crash mix to gain an understanding of impact points and its implications on the types of sensors that will be damaged, thereby, requiring replacement and recalibration in the event of a collision. To arrive at the final estimates, Frost & Sullivan has relied on a representative ADAS sensor topology developed through extensive primary research with domain experts from the autonomous vehicles research field and Tier-1 suppliers with an ADAS sensor portfolio.