- As the adoption of electric vehicles rises globally, there is a growing need for acoustic vehicle alerting systems to mitigate risks associated with their quiet operation, ensuring pedestrian safety. With a diverse range of electric vehicles hitting the roads, manufacturers are compelled to integrate acoustic vehicle alerting systems into their designs to comply with regulations and enhance overall safety standards
- This trend fuels the demand for acoustic vehicle alerting systems technology, propelling market growth as automakers prioritize incorporating these systems into their electric vehicle models
- Asia-Pacific dominated the acoustic vehicle alerting systems market with the largest revenue share of 39.27% in 2024, primarily due to the rapid adoption of electric vehicles (EVs), strong government mandates on pedestrian safety, and booming automotive production across China, Japan, India, and South Korea
- North America is projected to grow at the fastest CAGR of 7.2% from 2025 to 2032, driven by a rise in EV sales, tightening safety standards, and regulatory enforcement of acoustic vehicle alerting systems under the U.S. National Highway Traffic Safety Administration (NHTSA)
- The Passenger Cars segment dominated the acoustic vehicle alerting systems market with the largest revenue share of 54.1% in 2024, due to the widespread integration of acoustic vehicle alerting systems in electric and hybrid passenger vehicles in compliance with regulatory mandates in the U.S., Europe, and Asia-Pacific
