Acoustic Vehicle Alerting System Market by Propulsion Type, Vehicle Type, Electric Two-Wheeler (E-Scooter/Moped, E-Motorcycle), Sales Channel (OEM, Aftermarket), Mounting Position (Integrated, Separated), and Region - Global Forecast to 2027
[129 Pages Report] The acoustic vehicle alerting system market is projected to reach USD 5,619 million by 2027 from an estimated USD 425 million in 2019 considering the installation of AVAS in passenger car and commercial vehicle, at a CAGR of 38.1% during the forecast period. Increasing emphasis on commuter safety across the globe to enhance pedestrian safety creates opportunities for OEMs to research and develop an efficient and safer electric vehicle.
The European acoustic vehicle alerting system market is projected to experience steady growth due to the implementation mandate for acoustic vehicle alerting system. While Asia Pacific is the fastest-growing market due to the strong presence of major electric vehicle manufacturing OEMs, however, the standardization of sound emitted by these systems can create a hurdle for its growth.
BEV segment is estimated to be the fastest-growing acoustic vehicle alerting system market during the forecast period
The BEV segment is expected to hold the largest market share and is anticipated to be the fastest market growth owing to higher sales of BEV over PHEV and FCEV. Acoustic vehicle alerting system (AVAS) play a significant role in BEVs as these vehicles are powered by battery alone and emit very low noise while driving below 20km/h. BEVs such as Jaguar I-PACE and Nissan Leaf have already installed AVAS to enhance pedestrian safety.
Commercial segment is expected to grow at highest CAGR
Several countries are expected to replace their existing fuel-based bus fleet with electric buses. Acoustic vehicle alerting system will be installed in a commercial vehicle as per regulations to ensure the safety of other commuters on the road. The increasing trend of replacement of fossil fuel-based public transport fleet with electric buses will drive the growth of electric commercial vehicles during the forecast period. Additionally, the growth of e-commerce, logistics, and shared mobility will drive the growth of electric commercial vehicles during the forecast period.
The Asia Pacific acoustic vehicle alerting system market is expected to register the fastest growth during the forecast period
The Asia Pacific market is expected to witness the fastest growth, followed by Europe and North America. The Asia Pacific market for passenger car market is estimated to be the largest market. It comprises some of the fastest developing economies in the world, such as China, Japan, and India.
The automotive industry in countries such as China, Japan, and South Korea is inclined toward innovation, technology, and development of advanced electric vehicles. Market experts predict EVs to account for approximately 50% of the market share in China by 2025. The governments in these countries have recognized the growth potential of electric vehicles and the advantages of using them. Increasing demand for electric vehicles in Asia Pacific is anticipated to boost acoustic vehicle alerting system which would ensure pedestrian safety as the emitted sound would enable commuters to realize the presence of EVs.
Key Market Players
The global acoustic vehicle alerting system market is dominated by major players such as Delphi (Ireland), Daimler (Germany), Mando-Hella Electronics (South Korea), and Harman (US), among others. These companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range in this market. These companies adopt strategies such as new product developments, collaborations, and contracts & agreements to sustain their market position.
Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
Request Sample Scope of the Report
Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
|
Report Metric |
Details |
|
Market size available for years |
2017–2027 |
|
Base year considered |
2018 |
|
Forecast period |
2019–2027 |
|
Forecast units |
Volume (Units) & Value (USD) |
|
Segments covered |
By Propulsion Type, Vehicle Type, Electric Two-Wheeler, Sales Channel, Mounting Position |
|
Geographies covered |
North America, Asia Pacific, and Europe |
|
Companies covered |
Daimler (Germany), Delphi (Ireland), HARMAN (US), and Mando-Hella Electronics (South Korea) |
This research report categorizes the given acoustic vehicle alerting system market based on sales channel, propulsion type, vehicle type, mounting position, and electric two-wheeler and region
Based on the Sales Channel, the market has been segmented as follows:
- OEM
- Aftermarket
Based on the Propulsion type, the market has been segmented as follows:
- BEV
- PHEV
- FCEV
Based on Vehicle Type, the market has been segmented as follows:
- Passenger cars
- Commercial vehicles
Based on the Mounting Position, the market has been segmented as follows:
- Integrated
- Separated
Based on Electric Two-wheelers, the market has been segmented as follows:
- E-Scooter/Moped
- E-Motorcycle
Based on the Region, the market has been segmented as follows:
-
Asia Pacific
- China
- India
- Japan
- South Korea
-
North America
- US
- Canada
-
Europe
- Austria
- France
- Germany
- Spain
- Switzerland
- Norway
- The Netherlands
- Denmark
- Sweden
Recent Developments
- Delphi is one of the leading players in the vehicle component manufacturing market. The company provides acoustic vehicle alerting systems in two different versions. The two versions differentiate themselves through the way the electronic vibrations are transformed into audible noise—customers can choose between a piezo-based sound transducer and an electrodynamic one.
Critical Questions:
- Many companies are operating in the acoustic vehicle alerting system market space across the globe. Do you know who are the front leaders, and what strategies have been adopted by them?
- Fast-paced developments in acoustic vehicle alerting system such as Generation 1 and Generation 2 system offered by leading manufacturers are expected to change the dynamics of acoustic vehicle alerting system market. How will this transform the overall market?
- Which leading companies are working on the installation of AVAS in passenger car and on commercial vehicles, and what organic and inorganic strategies have been adopted by them?
- Analysis of your competition that includes major players in the electric vehicle charging ecosystem. The major players include Daimler (Germany), Delphi (Ireland), Harman (US), and Mando-Hella Electronics (South Korea), among others.
- Discussion on your client’s imperatives based on our existing research on electric vehicle market and its ecosystems.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 15)
1.1 Objectives of the Study
1.2 Product Definition
1.2.1 Integrated
1.2.2 Separated
1.3 Acoustic Vehicle Alerting System Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 19)
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.3.3 Key Data From Primary Sources
2.4 Acoustic Vehicle Alerting System Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Market Breakdown and Data Triangulation
2.6 Assumptions
3 Executive Summary (Page No. - 28)
4 Premium Insights (Page No. - 32)
4.1 Attractive Opportunities in the Acoustic Vehicle Alerting System Market
4.2 Market, By Region
4.3 Market, By Propulsion Type
4.4 Market, By Vehicle Type
4.5 Market, By Mounting Position
4.6 Market, By Sales Channel
4.7 Market, By Electric Two-Wheeler
5 Acoustic Vehicle Alerting System Market Overview (Page No. - 36)
5.1 Introduction
5.1.1 Second Generation AVAS System
5.1.2 Average Selling Price Analysis for AVAS System
5.1.3 Market Investment Scenario & Future Opportunity
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Government Mandates for Implementation of AVAS
5.2.1.2 Increasing Sales of Electric Vehicles
5.2.1.3 Increased Emphasis on Commuter Safety
5.2.2 Restraints
5.2.2.1 Government Regulations Regarding AVAS
5.2.3 Opportunities
5.2.3.1 Shared Mobility
5.2.4 Challenges
5.2.4.1 Standardization of Sounds Emitted By AVAS
6 Market, By Propulsion (Page No. - 41)
6.1 Introduction
6.2 Research Methodology
6.3 Battery Electric Vehicle (BEV)
6.3.1 Government Mandates to Drive the AVAS Market
6.4 Plug-In Hybrid Electric Vehicle (PHEV)
6.4.1 Asia Pacific Estimated to Be the Fastest Market
6.5 Fuel Cell Electric Vehicle (FCEV)
6.5.1 Europe Estimated to Be the Fastest Market Due to Upcoming Projects
7 Market, By Vehicle Type (Page No. - 48)
7.1 Introduction
7.2 Research Methodology
7.3 Commercial Vehicle
7.3.1 Stringent Safety Measures Implemented By Governments to Boost the Commercial Vehicle Segment
7.4 Passenger Car
7.4.1 Increasing Adoption of Electric Passenger Cars to Boost the Acoustic Vehicle Alerting System Market
8 Market, By Electric Two-Wheeler (Page No. - 54)
8.1 Introduction
8.2 Research Methodology
8.3 E-Scooter/Moped
8.3.1 Rising Demand for Energy-Efficient Modes of Commuting to Boost the Market
8.4 E-Motorcycle
8.4.1 Increasing Demand for Performance Electric Two-Wheelers to Drive the E-Motorcycle Segment
9 Market, By Mounting Position (Page No. - 60)
9.1 Introduction
9.2 Research Methodology
9.3 Separated
9.3.1 Low Cost of Separated System to Drive Its Market
9.4 Integrated
9.4.1 Advancements is Acoustic Technology to Drive the Integrated Mounting Position Market
10 Market, By Sales Channel (Page No. - 66)
10.1 Introduction
10.2 Research Methodology
10.3 OEM
10.3.1 Research and Testing of AVAS to Drive Market Growth
10.4 Aftermarket
10.4.1 Government Regulations to Drive the Growth of Aftermarket Segment
11 Market, By Region (Page No. - 72)
11.1 Introduction
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Proactive OEM Participation to Boost AVAS Market
11.2.2 India
11.2.2.1 Adoption of Electric Vehicles to Drive Indian AVAS Market in Future
11.2.3 Japan
11.2.3.1 Technological Advancement in Acoustic to Drive AVAS Market
11.2.4 South Korea
11.2.4.1 Increased Emphasis on Safety to Boost Demand for AVAS Market
11.3 Europe
11.3.1 France
11.3.1.1 Government Offering Purchase Grants Will Boost Demand
11.3.2 Germany
11.3.2.1 Rising Sales of Electric Vehicle to Increase Demand
11.3.3 Netherlands
11.3.3.1 Government Mandate to Boost Demand for AVAS
11.3.4 Norway
11.3.4.1 Emergence of E-Mobility to Boost the Demand
11.3.5 Sweden
11.3.5.1 Strong Ev Charging Network Will Boost Demand
11.3.6 Denmark
11.3.6.1 Government Incentives for Adoption of Ev Will Boost the Demand
11.3.7 Austria
11.3.7.1 Transition Towards Ev to Boost the Demand
11.3.8 Switzerland
11.3.8.1 Government Mandates to Implement AVAS to Boost Demand
11.3.9 Spain
11.3.9.1 Increasing Investments in Research for AVAS to Boost Demand
11.4 North America
11.4.1 Canada
11.4.1.1 Rapid Developments in Ev Charging to Boost Demand
11.4.2 US
11.4.2.1 Government Regulations Regarding Implementation of AVAS to Drive Demand
12 Competitive Landscape (Page No. - 97)
12.1 Overview
12.2 Acoustic Vehicle Alerting System Market Ranking Analysis
12.3 Competitive Scenario
12.3.1 New Product Developments/Expansion
12.3.2 Partnerships/Supply Contracts/Collaborations/ Joint Ventures/Agreements
12.4 Competitive Leadership Mapping
12.4.1 Visionary Leaders
12.4.2 Innovators
12.4.3 Dynamic Differentiators
12.4.4 Emerging Companies
13 Company Profiles (Page No. - 102)
(Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View)*
13.1 Key Players
13.1.1 Harman (Samsung)
13.1.2 Delphi
13.1.3 Mando-Hella Electronics Corp
13.1.4 Brigade Electronics
13.1.5 Kendrion
13.1.6 Kufatec GmbH & Co. Kg
13.1.7 Soundracer Ab
13.1.8 Nissan Motor Co. Ltd.
13.1.9 Daimler
13.1.10 Tesla Motors
13.1.11 Texas Instruments
13.1.12 Continental
13.2 Key Players From Other Regions
13.2.1 North America
13.2.1.1 General Motors
13.2.1.2 Fisker
13.2.1.3 Mentor
13.2.2 Europe
13.2.2.1 Volkswagen
13.2.2.2 Novosim
13.2.3 Asia Pacific
13.2.3.1 Toyota
13.2.3.2 Denso Corporation
13.2.3.3 Honda
*Details on Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies.
14 Appendix (Page No. - 123)
14.1 Key Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details
List of Tables (75 Tables)
Table 1 Currency Exchange Rates (Per USD)
Table 2 Limitations for Market Size
Table 3 Impact of Market Dynamics
Table 4 Acoustic Vehicle Alerting System Market, By Propulsion, 2017–2027 (Thousand Units)
Table 5 Market, By Propulsion, 2017–2027 (USD Million)
Table 6 BEV: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 7 BEV: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Million)
Table 8 PHEV: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 9 PHEV: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Million)
Table 10 FCEV: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 11 FCEV: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Million)
Table 12 Acoustic Vehicle Alerting System Market, By Vehicle Type, 2017–2027 (Thousand Units)
Table 13 Market, By Vehicle Type, 2017–2027 (USD Thousand)
Table 14 Commercial Vehicle: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 15 Commercial Vehicle: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Thousand)
Table 16 Passenger Car: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 17 Passenger Car: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Thousand)
Table 18 Acoustic Vehicle Alerting System Market, By Electric Two-Wheeler Type, 2022–2027 (Thousand Units)
Table 19 Acoustic Vehicle Alerting System Market, By Electric Two-Wheeler Type, 2022–2027 (USD Thousand)
Table 20 E-Scooter/Moped: Acoustic Vehicle Alerting System Market, By Region, 2022–2027 (Thousand Units)
Table 21 E-Scooter/Moped: Acoustic Vehicle Alerting System Market, By Region, 2022–2027 (USD Thousand)
Table 22 E-Motorcycle: Acoustic Vehicle Alerting System Market, By Region, 2022–2027 (Thousand Units)
Table 23 E-Motorcycle: Acoustic Vehicle Alerting System Market, By Region, 2022–2027 (USD Thousand)
Table 24 Acoustic Vehicle Alerting System Market, By Mounting Position, 2017–2027 (Thousand Units)
Table 25 Acoustic Vehicle Alerting System Market, By Mounting Position, 2017–2027 (USD Million)
Table 26 Separated: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 27 Separated: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Million)
Table 28 Integrated: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 29 Integrated: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Million)
Table 30 Acoustic Vehicle Alerting System Market, By Sales Channel, 2017–2027 (Thousand Units)
Table 31 Acoustic Vehicle Alerting System Market, By Sales Channel, 2017–2027 (USD Million)
Table 32 OEM: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 33 OEM: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Million)
Table 34 Aftermarket: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 35 Aftermarket: Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Million)
Table 36 Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (Thousand Units)
Table 37 Acoustic Vehicle Alerting System Market, By Region, 2017–2027 (USD Million)
Table 38 Asia Pacific: Acoustic Vehicle Alerting System Market, By Country, 2017–2027 (Units)
Table 39 Asia Pacific: Acoustic Vehicle Alerting System Market, By Country, 2017–2027 (USD Thousand)
Table 40 China: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 41 China: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 42 India: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 43 India: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 44 Japan: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 45 Japan: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 46 South Korea: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 47 South Korea: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 48 Europe: Acoustic Vehicle Alerting System Market, By Country, 2017–2027 (Units)
Table 49 Europe: Acoustic Vehicle Alerting System Market, By Country, 2017–2027 (USD Thousand)
Table 50 France: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 51 France: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 52 Germany: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 53 Germany: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 54 Netherlands: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 55 Netherlands: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 56 Norway: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 57 Norway: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 58 Sweden: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 59 Sweden: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 60 Denmark: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 61 Denmark: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 62 Austria: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 63 Austria: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 64 Switzerland: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 65 Switzerland: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 66 Spain: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 67 Spain: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 68 North America: Acoustic Vehicle Alerting System Market, By Country, 2017–2027 (Units)
Table 69 North America: Acoustic Vehicle Alerting System Market, By Country, 2017–2027 (USD Thousand)
Table 70 Canada: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 71 Canada: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 72 US: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (Units)
Table 73 US: Acoustic Vehicle Alerting System Market, Propulsion Type, 2017–2027 (USD Thousand)
Table 74 New Product Developments/Expansion, 2016-2019
Table 75 Partnerships/Supply Contracts/Collaborations/Joint Ventures/ Agreements, 2016-2019
List of Figures (49 Figures)
Figure 1 AVAS Market Segmentation
Figure 2 Acoustic Vehicle Alerting System Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Acoustic Vehicle Alerting System Market Size Estimation Methodology for the Market: Bottom-Up Approach
Figure 6 Acoustic Vehicle Alerting System Market Size Estimation Methodology for the Market: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Acoustic Vehicle Alerting System Market: Market Dynamics
Figure 9 Acoustic Vehicle Alerting System Market, By Region, 2019–2027 (USD Million)
Figure 10 Passenger Car Segment Held the Largest Share in the AVAS Market in 2019
Figure 11 Government Regulation and Increased Emphasis on Commuter Safety are Anticipated to Fuel the Growth of Acoustic Vehicle Alerting System Market From 2019 to 2027
Figure 12 Asia Pacific is Estimated to Hold the Largest Share of Market in 2019
Figure 13 BEV Segment is Estimated to Hold the Largest Share of Market in 2019
Figure 14 Passenger Car is Estimated to Hold the Largest Share of Market in 2019
Figure 15 Separated Segment is Estimated to Hold the Largest Share of Market in 2019
Figure 16 OEM Segment is Estimated to Hold the Largest Share of Market in 2019
Figure 17 E-Scooter/Moped is Estimated to Hold the Largest Share of Acoustic Vehicle Alerting System Market By 2022
Figure 18 Asia Pacific is Expected to Emerge as the Best Market for Investment in the Next 5 Years
Figure 19 AVAS Market: Market Dynamics
Figure 20 BEV is Expected to Grow at A Higher Cagr During the Forecast Period 2019–2027 (Thousand Units)
Figure 21 Key Primary Insights
Figure 22 Commercial Vehicle Segment to Grow at A Higher Cagr During the Forecast Period (2019–2027)
Figure 23 Key Primary Insights
Figure 24 Electric Motorcycle Segment to Grow at A Higher Cagr During the Forecast Period, By Value (2022–2027)
Figure 25 Key Primary Insights
Figure 26 Integrated Segment to Grow at A Higher Cagr During the Forecast Period (2019–2027)
Figure 27 Key Primary Insights
Figure 28 OEM Segment to Grow at A Higher Cagr During the Forecast Period (2019–2027)
Figure 29 Key Primary Insights
Figure 30 Asia Pacific is Estimated to Be the Fastest Growing Market for Acoustic Vehicle Alerting Systems During the Forecast Period (2019–2027)
Figure 31 China Accounts for the Largest Market Share in the Asia Pacific Acoustic Vehicle Alerting System Market, 2019 vs. 2027
Figure 32 Europe: Acoustic Vehicle Alerting System Market Snapshot
Figure 33 North America: Acoustic Vehicle Alerting System Market Snapshot
Figure 34 Key Developments By Leading Players in the Market, 2016–2019
Figure 35 Ranking of Key Players, 2018
Figure 36 Acoustic Vehicle Alerting System Market for Major Players (Global): Competitive Leadership Mapping, 2018
Figure 37 Samsung: Company Snapshot
Figure 38 Harman (Samsung): SWOT Analysis
Figure 39 Delphi: Company Snapshot
Figure 40 Delphi: SWOT Analysis
Figure 41 Mando-Hella Electronics Corp: SWOT Analysis
Figure 42 Brigade Electronics: SWOT Analysis
Figure 43 Kendrion: Company Snapshot
Figure 44 Kendrion: SWOT Analysis
Figure 45 Nissan Motor Company: Company Snapshot
Figure 46 Daimler: Company Snapshot
Figure 47 Tesla Motors: Company Snapshot
Figure 48 Texas Instruments: Company Snapshot
Figure 49 Continental: Company Snapshot
The study involved four major activities in estimating the current size of the acoustic vehicle alerting system market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down approach was employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [such as publications of electric vehicles’ OEMs, Canadian Automobile Association (CAA), country-level automotive associations and trade organizations, and the US Department of Transportation (DOT)], electric vehicle magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, and technical articles have been used to identify and collect information useful for an extensive commercial study of the global acoustic vehicle alerting system market.
Primary Research
Extensive primary research has been conducted after acquiring an understanding of the Acoustic Vehicle Alerting System market scenario through secondary research. Several primary interviews have been conducted with market experts from the demand- and supply-side OEMs (in terms of component supply, country-level government associations, and trade associations) and component manufacturers across three major regions, namely, Asia Pacific, Europe, and North America. Approximately 23% and 77% of primary interviews have been conducted from the demand- and supply-side, respectively. Primary data has been collected through questionnaires, emails, LinkedIn, and telephonic interviews. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report.
After interacting with industry experts, we conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. Following is the breakdown of primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The top-down and bottom-up approaches were used to estimate and validate the total market size. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets have been identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall Acoustic Vehicle Alerting System market size using the market size estimation processes as explained above—the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To segment and forecast the global acoustic vehicle alerting systems market size in terms of volume and value.
- To define, describe, and forecast the global acoustic vehicle alerting systems market based on sales channel, propulsion type, vehicle type, mounting position, and electric two-wheeler and region
- To segment and forecast the market size by sales channel (OEM and Aftermarket)
- To segment and forecast the market size by propulsion type (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), and Fuel Cell Vehicle (FCEV))
- To segment and forecast the market size by mounting position (Separated and Integrated)
- To segment and forecast the market size by vehicle type (Passenger Cars and Commercial Vehicles)
- To segment and forecast the market size by electric two-wheeler (E-scooter/E-moped and E-motorcycle)
- To forecast the market size with respect to key regions, namely, North America, Europe, and Asia Pacific)
- To provide detailed information regarding the major factors influencing market growth (drivers, challenges, restraints, and opportunities)
- To strategically analyze markets with respect to individual growth trends, future prospects, and contribution to the total market
Available Customizations
With the given market data, MarketsandMarkets offers customizations in accordance to the company’s specific needs.
- Acoustic Vehicle Alerting System Market, By Sales channel at country level
- Acoustic Vehicle Alerting System Market, By Mounting Position at country level
Company Information
- Profiling of Additional Market Players (Up to 3)
Growth opportunities and latent adjacency in Acoustic Vehicle Alerting System Market
I would like to know more details about the growth rate of the Acoustic Vehicle Alerting System Market for the next 5 years. also interested to know the top vendors in the Vehicle Alerting System market.