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Acoustic Vehicle Alerting System Market 2027 Feature Scenario – Brigade Electronics Group, Daimler, HARMAN International, HELLA GmbH and Co. KGaA, JAGUAR LAND ROVER, Kendrion, Mentor (Siemens), Novosim, SoundRacer, Texas Instruments Incorporated

11-05-2019 04:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Acoustic Vehicle Alerting System Market 2027 Feature Scenario

Acoustic Vehicle Alerting Systems (AVAS) are devices that generate sound and they are fitted in electric/hybrid vehicles. These systems are used to protect pedestrians by warning them about the vehicle's presence. Due to the growing concern regarding environmental and passenger protection, the governments of various countries are supporting the development of electric vehicles worldwide.

This growing interest and investments in electric vehicles is anticipated to drive the growth of AVAS systems in the coming years. In addition to this, the rising investments in research and development related to advanced security systems are expected to boost the growth of acoustic vehicle alerting system market during the forecast period of 2019 to 2027.

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Key Benefits-

• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Acoustic Vehicle Alerting System Market

• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

The acoustic vehicle alerting system market is anticipated to grow in the forecast period owing to the growing mandates from various governments to install AVAS systems. Increasing concerns related to passenger safety are also driving the demand for AVAS systems. However, high prices of electric vehicles and various government regulations regarding AVAS systems could affect the growth of acoustic vehicle alerting system market during the forecast period of 2019 to 2027. In spite of these restraining factors, the rising demand for electric vehicles worldwide is projected to drive the growth of global acoustic vehicle alerting system market across all regions.

The "Global Acoustic Vehicle Alerting System (AVAS) Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of acoustic vehicle alerting system market with detailed market segmentation by propulsion, vehicle type, mounting position, and geography.

Leading Key Players:

• Brigade Electronics Group Plc
• Daimler AG
• HARMAN International
• HELLA GmbH and Co. KGaA
• JAGUAR LAND ROVER LIMITED
• Kendrion
• Mentor (Siemens)
• Novosim
• SoundRacer AB
• Texas Instruments Incorporated

The global acoustic vehicle alerting system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acoustic vehicle alerting system market players and offers key trends and opportunities in the market.

The global acoustic vehicle alerting system market is segmented on the basis of propulsion, vehicle type, mounting position, and geography. Based on propulsion, the market is segmented into Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), and Fuel Cell Electric Vehicle (FCEV). By vehicle type, the market is segmented into passenger vehicle and commercial vehicle. Based on mounting position, the market is segmented into separated and integrated.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global acoustic vehicle alerting system market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The acoustic vehicle alerting system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Key Benefits

• This report provides a detailed study of market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities.
• In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
• This study further includes market share analysis in terms of type and applications.
• Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
• Porter's Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.

Contact Us:

Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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