Acoustic Vehicle Alert System Market, Global Outlook and Forecast 2024-2030
The global Acoustic Vehicle Alert System market was valued at US$ 182.5 million in 2023 and is projected to reach US$ 571.2 million by 2030, at a CAGR of 17.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Acoustic Vehicle Alerting System (AVAS) simulates the engine noise of a combustion engine in the lower speed range to alert other road users to approaching vehicles. AVAS, a feature designed for inherently quiet vehicles like electric cars, sends an audible alert to pedestrians that an electric car is heading in their direction. Aptiv, HELLA, and Denso are its key palyers, accounting for 47.3% of the market; North America and Europe are the main production regions.
The Acoustic Vehicle Alerting System (AVAS) simulates the engine noise of a combustion engine in the lower speed range to alert other road users to an approaching vehicle. A feature designed for inherently quiet vehicles such as electrified cars, AVAS produces an audible alert to pedestrians that an electrified car is headed in their direction.
This report aims to provide a comprehensive presentation of the global market for Acoustic Vehicle Alert System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Acoustic Vehicle Alert System. This report contains market size and forecasts of Acoustic Vehicle Alert System in global, including the following market information:
Global Acoustic Vehicle Alert System Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Acoustic Vehicle Alert System Market Sales, 2019-2024, 2025-2030, (K Units)
Global top five Acoustic Vehicle Alert System companies in 2023 (%)
We surveyed the Acoustic Vehicle Alert System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Acoustic Vehicle Alert System Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Acoustic Vehicle Alert System Market Segment Percentages, by Type, 2023 (%)
Split AVAS
Integrated AVAS
Global Acoustic Vehicle Alert System Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Acoustic Vehicle Alert System Market Segment Percentages, by Application, 2023 (%)
BEV
PHEV
Global Acoustic Vehicle Alert System Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Acoustic Vehicle Alert System Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Acoustic Vehicle Alert System revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Acoustic Vehicle Alert System revenues share in global market, 2023 (%)
Key companies Acoustic Vehicle Alert System sales in global market, 2019-2024 (Estimated), (K Units)
Key companies Acoustic Vehicle Alert System sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Aptiv
HELLA
Denso
Continental
BESTAR
HARMAN
Bodun Electronics
Brigade Electronics
Sonavox
Outline of Major Chapters:
Chapter 1: Introduces the definition of Acoustic Vehicle Alert System, market overview.
Chapter 2: Global Acoustic Vehicle Alert System market size in revenue and volume.
Chapter 3: Detailed analysis of Acoustic Vehicle Alert System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Acoustic Vehicle Alert System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Acoustic Vehicle Alert System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
