Boyd Group Revenue Growth and Market Analysis
Impact of Collision Avoidance Systems
CCC estimates technology will
reduce accident frequency by
~30% in next 25-30 years
As per industry studies, decline
should be somewhat offset by
increases in average cost of repair
Impact of Crash Avoidance on Vehicle
Claim Counts
*
CY 2050
CY 2045
CY 2040
CY 2035
CY 2030
CY 2025
CY 2020
(increased expense of technology)
and vehicle miles driven
Crash Course 2020
CY 2015
CY 2014
Crash Course 2019
Large operators could also mitigate
market decline by continued
market share gains in consolidating
industry
CY 2013
CY 2012
CY 2011
CY 2010
-35% -30% -25% -20%
-15% -10% -5% 0%
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THE
GROUP
Boyd
Source: CCC Information Services Inc. Crash Course 2020. Updated projection expands the ADAS technology to include systems like lane
departure warning, adaptive headlights, and blind spot monitoring, uses IIHS/HLDI's predictions in regard to the ramp-up in percent of registered
vehicle fleet equipped with each system, and includes projections of the number of vehicles in operation in the U.S. Projections based on current
projected annual rate of change - impact may increase with changes in market adoption and system improvements
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