Acoustic Vehicle Alerting System Market Size and Trends
The acoustic vehicle alerting system market size is forecast to increase by 14.2 million units, at a CAGR of 4.8% between 2023 and 2028. The market is witnessing significant growth due to increasing regulatory requirements for electric vehicle (EV) safety. EU rules mandate the use of such systems in EVs to ensure pedestrian safety, particularly in the absence of traditional engine noises. The trend toward luxury electric motorcycles is also driving demand for advanced sound technology in these vehicles. Government incentives for EV adoption are further boosting market growth. However, the limited application in the non-electric vehicle industry poses a challenge. Brand identity and testing and certification processes are crucial considerations for manufacturers. Pedestrian safety benefits are a key selling point for these systems, making them essential for vehicle designs moving forward. While bicycles do not require such systems, the integration of sound technology in various modes of transportation is a developing trend. Ensuring regulatory compliance and continuous innovation in sound technology will remain critical factors for market success.
Request Free Sample
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 (million units)
- Data Table on Global - Market size and forecast 2023-2028 (million units)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Acoustic Vehicle Alerting System Market 2018 - 2022
- Historic Market Size - Data Table on Global Acoustic Vehicle Alerting System Market 2018 - 2022 (million units)
- 5.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 (million units)
- 5.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 (million units)
- 5.4 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 (million units)
6 Qualitative Analysis
- 6.1 Impact of AI on the Global Acoustic Vehicle Alerting System Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Application
- 8.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 8.3 Two-wheeler - Market size and forecast 2023-2028
- Chart on Two-wheeler - Market size and forecast 2023-2028 (million units)
- Data Table on Two-wheeler - Market size and forecast 2023-2028 (million units)
- Chart on Two-wheeler - Year-over-year growth 2023-2028 (%)
- Data Table on Two-wheeler - Year-over-year growth 2023-2028 (%)
- 8.4 Four-wheeler - Market size and forecast 2023-2028
- Chart on Four-wheeler - Market size and forecast 2023-2028 (million units)
- Data Table on Four-wheeler - Market size and forecast 2023-2028 (million units)
- Chart on Four-wheeler - Year-over-year growth 2023-2028 (%)
- Data Table on Four-wheeler - Year-over-year growth 2023-2028 (%)
- 8.5 Market opportunity by Application
- Market opportunity by Application (million units)
- Data Table on Market opportunity by Application (million units)
9 Customer Landscape
- 9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
- 10.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
- 10.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 10.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 (million units)
- Data Table on APAC - Market size and forecast 2023-2028 (million units)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 10.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 (million units)
- Data Table on Europe - Market size and forecast 2023-2028 (million units)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 10.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 (million units)
- Data Table on North America - Market size and forecast 2023-2028 (million units)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 10.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 (million units)
- Data Table on South America - Market size and forecast 2023-2028 (million units)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 10.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 (million units)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 (million units)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 10.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 (million units)
- Data Table on China - Market size and forecast 2023-2028 (million units)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 10.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 (million units)
- Data Table on US - Market size and forecast 2023-2028 (million units)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 10.10 The Netherlands - Market size and forecast 2023-2028
- Chart on The Netherlands - Market size and forecast 2023-2028 (million units)
- Data Table on The Netherlands - Market size and forecast 2023-2028 (million units)
- Chart on The Netherlands - Year-over-year growth 2023-2028 (%)
- Data Table on The Netherlands - Year-over-year growth 2023-2028 (%)
- 10.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 (million units)
- Data Table on Germany - Market size and forecast 2023-2028 (million units)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 10.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 (million units)
- Data Table on Japan - Market size and forecast 2023-2028 (million units)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 10.13 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 (million units)
- Data Table on Canada - Market size and forecast 2023-2028 (million units)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 10.14 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 (million units)
- Data Table on India - Market size and forecast 2023-2028 (million units)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 10.15 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 (million units)
- Data Table on UK - Market size and forecast 2023-2028 (million units)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 10.16 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 (million units)
- Data Table on South Korea - Market size and forecast 2023-2028 (million units)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- 10.17 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 (million units)
- Data Table on France - Market size and forecast 2023-2028 (million units)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 10.18 Market opportunity by geography
- Market opportunity by geography (million units)
- Data Tables on Market opportunity by geography (million units)
11 Drivers, Challenges, and Opportunity/Restraints
- 11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 11.4 Market opportunities/restraints
12 Competitive Landscape
- 12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 12.3 Landscape disruption
- Overview on factors of disruption
- 12.4 Industry risks
- Impact of key risks on business
13 Competitive Analysis
- 13.2 Company ranking index
- 13.3 Market positioning of companies
- Matrix on companies position and classification
- 13.4 Ardent Group Ltd.
- Ardent Group Ltd. - Overview
- Ardent Group Ltd. - Product / Service
- Ardent Group Ltd. - Key offerings
- SWOT
- 13.5 Continental AG
- Continental AG - Overview
- Continental AG - Business segments
- Continental AG - Key news
- Continental AG - Key offerings
- Continental AG - Segment focus
- SWOT
- 13.6 Kendrion NV
- Kendrion NV - Overview
- Kendrion NV - Product / Service
- Kendrion NV - Key offerings
- SWOT
- 13.7 Mercedes Benz Group AG
- Mercedes Benz Group AG - Overview
- Mercedes Benz Group AG - Product / Service
- Mercedes Benz Group AG - Key offerings
- SWOT
- 13.8 Nisshinbo Holdings Inc.
- Nisshinbo Holdings Inc. - Overview
- Nisshinbo Holdings Inc. - Business segments
- Nisshinbo Holdings Inc. - Key offerings
- Nisshinbo Holdings Inc. - Segment focus
- SWOT
- 13.9 Novosim
- Novosim - Overview
- Novosim - Product / Service
- Novosim - Key offerings
- SWOT
- 13.10 OE Industry sp. z o.o.
- OE Industry sp. z o.o. - Overview
- OE Industry sp. z o.o. - Product / Service
- OE Industry sp. z o.o. - Key offerings
- SWOT
- 13.11 SoundRacer AB
- SoundRacer AB - Overview
- SoundRacer AB - Product / Service
- SoundRacer AB - Key offerings
- SWOT
- 13.12 STMicroelectronics International NV
- STMicroelectronics International NV - Overview
- STMicroelectronics International NV - Business segments
- STMicroelectronics International NV - Key news
- STMicroelectronics International NV - Key offerings
- STMicroelectronics International NV - Segment focus
- SWOT
- 13.13 Tesla Inc.
- Tesla Inc. - Overview
- Tesla Inc. - Business segments
- Tesla Inc. - Key news
- Tesla Inc. - Key offerings
- Tesla Inc. - Segment focus
- SWOT
14 Appendix
- 14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 14.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 14.4 Research methodology
- 14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 14.9 360 degree market analysis
- 360 degree market analysis
- 14.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
