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Acoustic Vehicle Alerting System Market worth $2.27 billion by 2030, growing at a CAGR of 7.63% - Exclusive Report by 360iResearch
Acoustic Vehicle Alerting System Market | 360iResearch
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The Acoustic Vehicle Alerting System (AVAS) market focuses on technologies designed to produce warning sounds in electric and hybrid vehicles to alert pedestrians and cyclists, especially during low-speed operations where these vehicles are nearly silent. AVAS is an essential safety feature mandated in many regions to offset the quiet operation of electric and hybrid vehicles, using speaker systems that generate specific sound patterns to enhance road safety. It is necessary for pedestrian safety, regulatory compliance, and urban mobility, addressing risks posed by silent electric vehicles and ensuring adherence to legislation. Applications of AVAS include electric vehicles (EVs) such as cars, trucks, and buses, hybrid vehicles, and public transport like electric buses and trams, primarily involving automotive manufacturers, aftermarket installations, and governmental bodies. Key factors influencing market growth comprise regulatory support, rising EV adoption, and technological advancements. Potential opportunities exist in integrating AVAS with Advanced Driver-Assistance Systems (ADAS), offering customizable sound profiles, and expanding reach in developing markets. Recommendations for businesses include forming collaborations with manufacturers and tech companies, aligning with evolving regulations, and conducting awareness campaigns. However, challenges like cost concerns, technical integration complexities, and regulatory standardization issues affect market growth. Consumer perception and technological constraints in effective sound development are limitations to note. Innovation and research areas for growth involve developing eco-friendly sound solutions, enhancing sound authenticity, and incorporating AVAS with Internet of Things (IoT) and smart city infrastructure. The AVAS market is driven by regulatory changes, technological advancements, and increasing safety concerns, presenting both opportunities and challenges that require strategic planning and innovation.
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Market Segmentation & Coverage:
This research report categorizes the Acoustic Vehicle Alerting System Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Components, market is studied across Control Units, Sensors & Actuators, and Sound-Emitting Devices.
Based on Installation, market is studied across Integrated and Separated.
Based on Sales Channel, market is studied across Aftermarket and OEM.
Based on Vehicle, market is studied across Battery Electric Vehicle, Full Cell Electric Vehicle, and Plug-in Hybrid Electric Vehicle.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Acoustic Vehicle Alerting System Market, highlighting leading vendors and their innovative profiles. These include Aptiv PLC, BMW AG, Brigade Electronics Group PLC, Continental AG, DENSO Corporation, GREWUS GmbH, Harman International Industries, Inc., HELLA GmbH & Co. KGaA by Faurecia, Honda Motor Co., Ltd., Jaguar Land Rover Automotive PLC, Kendrion N.V., Kufatec GmbH & Co. Kg, LUIS Technology GmbH, Nissan Motor Company Ltd., Novosim Mühendislik, Robert Bosch GmbH, Sound Racer EVS, SoundRacer AB, STMicroelectronics, Texas Instruments Inc., The General Motors Company, Thor-AVAS, Vignal Group, and Volkswagen AG.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Acoustic Vehicle Alerting System Market, by Components
7. Acoustic Vehicle Alerting System Market, by Installation
8. Acoustic Vehicle Alerting System Market, by Sales Channel
9. Acoustic Vehicle Alerting System Market, by Vehicle
10. Americas Acoustic Vehicle Alerting System Market
11. Asia-Pacific Acoustic Vehicle Alerting System Market
12. Europe, Middle East & Africa Acoustic Vehicle Alerting System Market
13. Competitive Landscape
14. Competitive Portfolio
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About 360iResearch
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