Global Automotive Horns and Fanfares Market 2018-2022

Overview of the global automotive horns and fanfares market

Technavio’s market research analysts have identified the rise in automotive sales one of the primary factors that will trigger the growth of the automotive horns and fanfares market in the coming years. The growth of the passenger and commercial vehicles market drives the sales of automotive horns and fanfares and these vehicles are equipped with either horns or fanfares. The increase in the passenger car sales especially with SUVs and crossovers accounting for maximum sales will impact the growth of the automotive horns and fanfares market. Auto industries are growing rapidly in emerging countries such as Brazil, China, India, and Russia, which is creating an opportunity for several automotive horns and fanfares vendors to promote their products and solutions in these markets. Technavio’s market research analysts predict that this global market will post a revenue close to USD 8 billion by 2022.

The emergence of silent horn system is one of the key trends in the automotive horns and fanfares market. Noise pollution in the urban areas is caused by vehicular noise. Excessive use of horns distracts people in the nearby surrounding. Sound levels higher than 120 decibels can cause severe diseases such as hypertension and insomnia. To tackle this problem, infrared light emitting diodes (IR LEDs) and receivers are used which can generate and transmit silent horn signal outside the vehicle. This system has the potential to replace the traditional horn system.

What's your takeaway?

Technavio's industry research report titled - Global Automotive Horns and Fanfares Market, will help you-

• Identify latent opportunities and explorative solutions in the automotive horns and fanfares market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Companies covered

The automotive horns and fanfares market appears to be highly fragmented due to the presence of a large number of vendors. This industry research report offers in-depth analysis of the competitive strategies adopted by the vendors to sustain among the competitors in the vehicle horn market. Technavio’s analysts also study the key market areas along with the product offerings of the vendors in the market.

The report includes an analysis of a number of companies in this marketspace including -

• FIAMM COMPONENTI ACCESSORI
• HELLA
• Mitsuba
• Robert Bosch
• UNO Minda

Geographical segmentation and analysis of the automotive horns and fanfares market

• Americas
• APAC
• EMEA

In terms of geography, APAC accounted for the majority of shares in the vehicle horn market during 2017. Our analysts have predicted that this market will witness considerable growth in APAC during the forecast period as well.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global automotive horns and fanfares market?
• What are the key market trends impacting the growth of the global automotive horns and fanfares market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive horns and fanfares market?
• What are the market opportunities and threats faced by the vendors in the global automotive horns and fanfares market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive horns and fanfares market?

Technavio also offers customization on reports based on specific client requirement.