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The global Acoustic Vehicle Alert System market was valued at US$ 2.8 billion in 2023 and is projected to reach US$ 4.4 billion by 2030, at a CAGR of 6.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of acoustic vehicle alert system include Aptiv and HELLA. Global top two manufacturers hold a share about 35%. In terms of product, Split AVAS is the largest segment, with a share about 86%. And in terms of application, the largest application is BEV, which has a share about 72 percent.
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:
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:
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.