"Market Intelligence for High-Geared Performance"

Electric Vehicles Sound Generators Market Size, Share & Industry Analysis, By Product Type (Bass Sound Generator, Treble Sound Generator), By Market Type (OEM, Aftermarket), By Application Type (Hybrid Vehicles, Electric Vehicles) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105499 | Status : Ongoing

 

KEY MARKET INSIGHTS

Electric vehicle sound generator also known as acoustic vehicle alerting system (AVAS) is a device that produces sound that enables the surrounding cyclists, pedestrians, visually impaired individuals and other road users to detect the silent hybrid and electric vehicles, thereby enabling the automakers to meet the global government safety regulatory requirements for EV/HEV. These devices are integrated into the hybrid, plug-in hybrid, and fully electric vehicles to generate running sounds at low and high speeds. Since the past few years, the use of electric vehicle sound generators has been widely witnessed in passenger cars. The number of passenger cars using electric vehicle sound generators is growing at a significant rate and is likely to grow continuously in the coming years. The passenger car segment is a lucrative segment and is selected by players participating in electric car sound generators. With the introduction and rapid commercialization of electric vehicles, the global automotive industry is presently undergoing tremendous changes. The reason why electric vehicles are hurriedly adopted is because they have a competitive benefit over traditional vehicles, such as enhanced energy efficiency and zero fuel emissions. Moreover, the governments of various regions are offering numerous incentive programs, including tax refunds and tax credits, in order to encourage the consumers to buy electric cars instead of traditional cars to reduce the rising environmental pollution.


Key Market Driver -

Increasing adoption of electric vehicles is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

High cost electric vehicles may hinder the growth of the market during the forecast period.


Market Segmentation:


Globally, the electric vehicle sound generators market is segmented by type, by market type, by application type, and by geographic coverage. The product type is further segmented into bass sound generators and bass sound generators. Usually, the ratio of bass and treble is adjusted to get the desired and best sound experience. The bass sound generator is widely used in the electric vehicles owing to which it hold the major share in the global market. More bass brings a more powerful sound effect which is mainly required for electric vehicles which are silent. The treble and bass brings the desired sound depending on the speed of the vehicle. At low speed, low sound is required which is adjusted by treble, whereas, the sound of high speed is adjusted to by the bass sound generators. The market type is further segmented into OEM and aftermarket. The OEM segment holds the largest share in the global market. OEM companies assures that their products meet the reputation, class and comfort of premium cars. The OEMs rely on the development of unique emission sounds for their vehicles as their signature sound. In the luxury, high-end and sports category vehicles, the above-mentioned trends are prominent. In addition, there is a strong demand for these technologies in the aftermarket. Acoustic comfort is a trend for electric vehicles in the future. As customers who choose major brands such as Toyota, Mercedes, Audi, and Tesla are looking for innovative and attractive sounds, this will drive the electric vehicle sound generator market growth. The application type is further divided into hybrid vehicles and electric vehicles. Currently, the hybrid vehicle segment holds the largest revenue share in the global market owing to the lack of electric vehicle power stations in the regions. However, the electric vehicle segment is expected to gain high traction over the forecast period owing to the development of infrastructures, government subsidies on electric vehicles.

Key Players:


Major players operating in the global electric vehicle sound generators market include Denso Corporation, Mando Hella Electronics Corp, KUFATEC GmbH, Delphi Technologies, HARMAN International, Volkswage AG, Continental AG, Tesla Inc., and BMW AG among others.

Key Insights



  • New Advancements in Electric Vehicle Sound Generators

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the electric vehicle sound generators market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific holds the major share in the global market and is estimated to further propel over the forecast period. This dominance is attributed to the rapid commercialization of electric vehicles especially in China, India, and Japan. The electric vehicle sound generators are increasingly being adopted by the leading electric vehicle manufacturers in this region. Moreover, in recent years, the government has strongly supported the adoption of electric vehicles in the automotive and transportation industry, stimulating the demand for sound generator devices for passenger cars. The countries in the Asia Pacific region including Japan and China are expected to be the world's largest electric vehicle manufacturers, and estimated to be the largest shareholders of the global electric sound generator market. The Asia-Pacific region has become a global electric vehicle manufacturing center.

To gain extensive insights into the market, Request for Customization


Segmentation


























 ATTRIBUTES 

 DETAILS     

By Product Type



  • Bass Sound Generator

  • Treble Sound Generator



By Market Type



  • OEM

  • Aftermarket



By Application Type



  • Hybrid Vehicles

  • Electric Vehicles



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



 





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients

Toshiba
Bosch
Hitachi
Asahi
GM

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X