Between April 1–7, 2020, SEMA conducted a survey of more than 2,000 people employed in the specialty-equipment industry.
October 11, 2021
A new SEMA report says yes, just in a different way.
Where is the U.S. Economy heading? The answer to that question isn’t easy or clear.
Research indicates that the aftermarket for advanced driver assistance systems (ADAS) and connected vehicle technologies (CVT) is expected to grow into a $1.5 billion industry within the next five years.
SEMA’s Advanced Vehicle Technology Opportunity Study covers the retrofit opportunities for Advanced Driver Assistance Systems (ADAS) and Connected Vehicle Technologies (CVT).
Fueled by 2.5 million new-pickup sales last year, there are now more than 51 million pickups on U.S. roadways. But how much do aftermarket businesses really know about pickup consumers, their shopping habits and, ultimately, the parts they purchase? Assumptions are one thing, but manufacturers and resellers who truly want marketplace facts to drive their efforts will be interested in the newly released “2016 SEMA Pickup Report” from the association’s market research department.
SEMA’s Government Affairs Office has compiled four comprehensive guides for members that cover topics of federal standards and regulations in the areas of healthcare, intellectual property rights, auto parts and, most recently, the Bonneville Salt Flats.
The newly released 2016 SEMA Market Report shows that the automotive specialty-equipment industry grew to a new retail sales record of $39.2 billion in 2015.