Global Acoustic Vehicle Alerting Systems Market – Industry Trends and Forecast to 2028

  • Automotive
  • Upcoming Report
  • Mar 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Acoustic Vehicle Alerting Systems Market, By Electric Two-Wheelers (E-Scooter/Moped, E-Motorcycle), Mounting Position (Integrated, Separated), Vehicle Type (Passenger Cars, Commercial Vehicles), Propulsion Type (BEV, PHEV, FCEV), Sales Channel (OEM, Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Acoustic Vehicle Alerting Systems Market Market Analysis and Insights : Global Acoustic Vehicle Alerting Systems Market

The acoustic vehicle alerting systems market is expected to witness market growth at a rate of 12.40% in the forecast period of 2021 to 2028. Data Bridge Market Research report on acoustic vehicle alerting systems market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The surge in sales of electric vehicles is escalating the growth of acoustic vehicle alerting systems market.

Acoustic vehicle alerting systems (AVAS) refer to the devices that assist in generating sound. These devices are fitted in electric/hybrid vehicles. They are utilized for the protection pedestrians by warning them about the presence of the vehicle. The growth in the concern regarding environmental and passenger protection, numerous countries support the development of electric vehicles globally.

The rise in the number of electric vehicles running on the road increasing the potential danger of silent vehicles to cyclists, geriatric public and pedestrian’s acts as one of the major factors driving the growth of acoustic vehicle alerting systems market. The implementation of stringent regulations by the governments to decline the rate of the accidents caused due to low sound of electric vehicles accelerate the acoustic vehicle alerting systems market growth. The government initiatives to grow the awareness associated with the usage of electric vehicles to control the adverse impact on the environment and the increasing need to incorporate the sound warning system in new electric and hybrid vehicles further influence the acoustic vehicle alerting systems market. Additionally, rapid urbanization, high usage in the production of electric cars, change in consumer preference, surge in disposable income, high production and sales of vehicles positively affect the acoustic vehicle alerting systems market. Furthermore, increase in the demand for autonomous vehicles and connected vehicles extend profitable opportunities to the acoustic vehicle alerting systems market players in the forecast period of 2021 to 2028. 

On the other hand, government regulations regarding AVAS and the issues with the maintenance and durability of AVAS in electric vehicles are factors expected to obstruct the acoustic vehicle alerting systems market growth. The standardization of sounds emitted by AVAS is projected to challenge the acoustic vehicle alerting systems market in the forecast period of 2021-2028.

This acoustic vehicle alerting systems market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on acoustic vehicle alerting systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Acoustic Vehicle Alerting Systems Market Scope and Market Size

The acoustic vehicle alerting systems market is segmented on the basis of electric two-wheelers, mounting position, vehicle type, propulsion type and sales channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. 

  • On the basis of electric two-wheelers, the acoustic vehicle alerting systems market is segmented into e-scooter/moped and e-motorcycle.
  • On the basis of mounting position, the acoustic vehicle alerting systems market is segmented into integrated and separated.
  • On the basis of vehicle type, the acoustic vehicle alerting systems market is segmented into passenger cars and commercial vehicles.
  • On the basis of propulsion type, the acoustic vehicle alerting systems market is segmented into BEV, PHEV and FCEV.
  • On the basis of sales channel, the acoustic vehicle alerting systems market is segmented into OEM and aftermarket.

Global Acoustic Vehicle Alerting Systems Market Country Level Analysis

The acoustic vehicle alerting systems market is analyzed and market size, volume information is provided by country, electric two-wheelers, mounting position, vehicle type, propulsion type and sales channel as referenced above.       

The countries covered in the global acoustic vehicle alerting systems market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific is expected to witness the fastest growth in the acoustic vehicle alerting systems market during the forecast period of 2021 to 2028 because of the government initiatives to raise the awareness about the use and benefits of electric vehicles and the rise in the demand for electric vehicles in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Acoustic Vehicle Alerting Systems Market Share Analysis

The acoustic vehicle alerting systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to acoustic vehicle alerting systems market.

The major players covered in the acoustic vehicle alerting systems market report are HARMAN International, BorgWarner Inc., HELLA GmbH & Co. KGaA, Brigade Electronics Group Plc, Kendrion N.V., KUFATEC GmbH & Co. KG, SoundRacer, Nissan Motor Company, Daimler AG, Tesla, Texas Instruments Incorporated, Continental AG, General Motors, Fisker, Inc., Siemens, Volkswagen, Novosim, Toyota Kirloskar Motor, DENSO CORPORATION, Honda Cars India Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Acoustic Vehicle Alerting Systems Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.


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