Press release
Electric Automobile Horn Market: Competitive Dynamics & Global Outlook 2023
Automobile horn is a device used to alert other vehicles and passersby. When a horn button is pressed, an electromagnet energized intermittently will cause the steel diaphragm to oscillate back and forth producing the sound of the car horn. Automobile horns have become a part of everyday life and one can hardly find an automobile without a horn.
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Global Electric Automobile Horn Market: Forecast by Type / Application / Region
The classification of electric automobile horn includes flat shape and snail shape, and the proportion of snail shape in 2016 is about 75%, and the proportion is in increasing trend from 2012 to 2016.
Electric automobile horn is widely used in passenger vehicle, light commercial vehicle and other kind of vehicle. The most proportion of electric automobile horn is used in passenger vehicle, and consumption proportion is about 75% in 2016.
China is the largest consumption place, with a consumption market share nearly 29% in 2016. Following China, Europe is the second largest consumption place with the consumption market share of 22%.
Market competition is intense. Fiamm, Minda, Denso, Bosch, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Over the next five years, LPI(LP Information) projects that Electric Automobile Horn will register a 2.2% CAGR in terms of revenue, reach US$ 770 million by 2023, from US$ 680 million in 2017.
Global Electric Automobile Horn Market: Key Players
Fiamm
Minda
Denso
Bosch
Imasen
Hella
Seger
Mitsuba
Stec
LG Horn
Zhejiang Shengda
Zhongzhou Electircal
Wolo Manufacturing
SORL Auto Parts
Jiari
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Related Information:
United States Electric Automobile Horn Market Research Report 2018
Europe Electric Automobile Horn Market Research Report 2018
North America Electric Automobile Horn Market Research Report 2018
Asia-Pacific Electric Automobile Horn Market Research Report 2018
China Electric Automobile Horn Market Research Report 2018
EMEA Electric Automobile Horn Market Research Report 2018
Global Electric Automobile Horn Market Research Report 2018
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