Global Electric Vehicle Sound Generator System Market 2018-2022

EV sound generator systems create artificial sound to alert pedestrians about the presence of EVs and hybrid vehicles. Technavio’s market research analysts have predicted that the electric vehicle sound generator system market will witness considerable growth during the period 2018-2022 will register a CAGR of close to 42% by 2022.

Global Electric Vehicle Sound Generator Industry Overview

Several governments have started promoting EVs. This has led to an increase in the sales of EVs. Numerous factors such as benefits, and perks provided by governments, stringent carbon emission norms to reduce the average CO2 emissions of vehicles, increased consumer awareness, and increase in collaboration among foreign and regional players have increased the demand for EVs in the recent years. It is observed that the sales of EVs are high in China, Japan and other countries in APAC. To control pollution in cities such as Beijing and Shanghai, the government has considered to adopt EVs as an effective measure to reduce pollution. Our analysis suggests that the increase in demand for EVs will drive the global EV sound generator system market during the forecast period.

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Companies covered

The electric vehicle sound generator system market is fragmented by the presence of numerous vendors. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this electric vehicle sound generator industry analysis report will aid clients identify new growth opportunities and design new growth strategies.  

The report offers a complete analysis of a number of companies including:

• Aptiv
• Ford Motor
• General Motors
• MANDO-HELLLA Electronics
• Nissan Motor
• Toyota Motor

Electric vehicle sound generator system market growth based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will contribute to the maximum growth of this market throughout the predicted period.

Electric vehicle sound generator system market growth based on applications

• Electric cars
• Electric CVs

Owing to the increase in government initiatives to promote EVs, there is an increase in sales of electric cars across the world. According to our market research experts, the electric cars will account for the maximum growth of the market. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the electric vehicle sound generator system market size.

Key highlights of the global electric vehicle sound generator system market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the electric vehicle sound generator system market during the next five years
• Precise estimation of the global electric vehicle sound generator system market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the electric vehicle sound generator industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of electric vehicle sound generator companies

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global electric vehicle sound generator system market and its stakeholders over the forecast years.

Technavio’s market research analysts at have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the electric vehicle sound generator system market over the coming years are the long-range electric vehicle market and the electric commercial vehicle market.

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