Title:
Acoustic Vehicle Alerting System Market Research Report: By Propulsion (BEV, PHEV, FCEV), Vehicle (Two-Wheeler, Four-Wheeler), Distribution Channel (OEM, Aftermarket), Mounting (Integrated, Separated) - Global Industry Analysis and Growth Forecast to 2030.
The global acoustic vehicle alerting system market is predicted to advance at 11.9% CAGR from 2020 to 2030 and reach a valuation of $10,578.8 million by 2030. This would be because of the rising incorporation of acoustic vehicle alerting systems (AVAS) in electric vehicles including both passenger cars and two-wheelers. According to the findings of P&S Intelligence, a market research company based in India, as many as 24.7 million units of such systems were installed in electric vehicles in 2019.
The increasing pollution levels in several countries, rising consumer preference for electric vehicles over the fossil fuel-powered automobiles, surging implementation of strict emission norms and regulations, and the provision of subsidies, grants, and tax rebates by the governments of various countries on electric vehicles are the main factors propelling the growth of the acoustic vehicle alerting system market across the globe. Additionally, the incorporation of AVAS is increasingly being made necessary in EVs for enhancing pedestrian safety.
Globally, the acoustic vehicle alerting system market is predicted to register the highest growth in the Asia-Pacific (APAC) region in the future years. This is because of the mushrooming sales of EVs in China, which is home to the largest EV industry in the world with sales of over 90% of the total electric two-wheeler sales (15 million units of scooter, motorbike, and moped) and nearly 50% of the total electric car sales all over the globe in 2019.
Hence, it can be said with full surety that the market would demonstrate explosive growth throughout the world in the upcoming years, mainly because of the growing adoption of electric vehicles and the rising enactment of government regulations all around the world that mandate the incorporation of AVAS in electric vehicles.
Table of Contents
Chapter 1. Research Background
- 1.1 Research Objectives
- 1.2 Market Definition
- 1.3 Research Scope
- 1.3.1 Market Segmentation by Propulsion
- 1.3.2 Market Segmentation by Vehicle
- 1.3.3 Market Segmentation by Distribution Channel
- 1.3.4 Market Segmentation by Mounting
- 1.3.5 Market Segmentation by Region
- 1.3.6 Analysis Period
- 1.3.7 Market Data Reporting Unit
- 1.3.7.1 Volume
- 1.3.7.2 Value
- 1.4 Key Stakeholders
Chapter 2. Research Methodology
- 2.1 Secondary Research
- 2.2 Primary Research
- 2.2.1 Breakdown of Primary Research Respondents
- 2.2.1.1 By region
- 2.2.1.2 By industry participant
- 2.2.1.3 By company type
- 2.3 Market Size Estimation
- 2.4 Data Triangulation
- 2.5 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
- 4.1 Definition of Market Segments
- 4.1.1 By Product
- 4.1.1.1 BEV
- 4.1.1.2 PHEV
- 4.1.1.3 FCEV
- 4.1.2 By Vehicle
- 4.1.2.1 Two-wheeler
- 4.1.2.2 Four-wheeler
- 4.1.3 By Distribution Channel
- 4.1.3.1 OEM
- 4.1.3.2 Aftermarket
- 4.1.4 By Mounting
- 4.1.4.1 Integrated
- 4.1.4.2 Separated
- 4.2 Value Chain Analysis
- 4.3 Market Dynamics
- 4.3.1 Trends
- 4.3.1.1 Emulating combustion engine
- 4.3.1.2 Consolidation and joint ventures among key players
- 4.3.2 Drivers
- 4.3.2.1 Increasing adoption of electric vehicles
- 4.3.2.1.1 Growing environmental concerns
- 4.3.2.1.2 Government support for electric vehicle adoption
- 4.3.2.2 Declining cost of components
- 4.3.2.3 New electric car variants
- 4.3.2.4 Impact analysis of drivers on market forecast
- 4.3.3 Restraints
- 4.3.3.1 High initial cost of electric vehicles
- 4.3.3.2 Underdeveloped value chain
- 4.3.3.3 Reducing subsidies on mass adoption of electric cars
- 4.3.3.4 Impact analysis of restraints on market forecast
- 4.3.4 Opportunities
- 4.3.4.1 Growth opportunities in emerging economies
- 4.3.4.2 Long-range cars to boost up the market
- 4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Buyers
- 4.4.2 Bargaining Power of Suppliers
- 4.4.3 Intensity of Rivalry
- 4.4.4 Threat of New Entrants
- 4.4.5 Threat of Substitutes
Chapter 5. Policy and Regulatory Landscape
- 5.1 North America
- 5.2 Europe
- 5.3 APAC
Chapter 6. Impact of COVID-19 on EV Industry
- 6.1 Market Size and Forecast
- 6.2 COVID-19 - Auto Plant Shutdowns
- 6.3 Revise - Policy Development and Regulations
- 6.3.1 EV Policy Development Cycle
- 6.4 North America Electric Vehicle Market
- 6.4.1 COVID-19 Impact
- 6.4.1.1 Microeconomic impact- lockdown
- 6.4.1.2 Plummeting oil prices
- 6.4.1.3 Effect on supply chain
- 6.5 Europe Electric Vehicle Market
- 6.5.1 COVID-19 Impact
- 6.5.1.1 Microeconomic impact- lockdown
- 6.5.1.2 Inevitable production loss
- 6.5.1.3 Environmental regulations
- 6.5.1.4 Cash crunch in capital intensive industry
- 6.6 APAC Electric Vehicle Market
- 6.6.1 COVID-19 Impact
- 6.6.1.1 Microeconomic impact- lockdown
- 6.6.1.2 Re-examining strategies
- 6.7 LAMEA Electric Vehicle Market
- 6.7.1 COVID-19 Impact
- 6.7.1.1 Microeconomic impact- lockdown
- 6.7.1.2 Trade restrictions - import and export
- 6.7.1.3 Effect on supply chain
Chapter 7. Global Market Size and Forecast
- 7.1 By Propulsion
- 7.2 By Vehicle
- 7.3 By Distribution Channel
- 7.4 By Mounting
- 7.5 By Region
Chapter 8. North America Market Size and Forecast
- 8.1 By Propulsion
- 8.2 By Vehicle
- 8.3 By Distribution Channel
- 8.4 By Mounting
- 8.5 By Country
Chapter 9. Europe Size and Forecast
- 9.1 By Propulsion
- 9.2 By Vehicle
- 9.3 By Distribution Channel
- 9.4 By Mounting
- 9.5 By Country
Chapter 10. APAC Market Size and Forecast
- 10.1 By Propulsion
- 10.2 By Vehicle
- 10.3 By Distribution Channel
- 10.4 By Mounting
- 10.5 By Country
Chapter 11. LAMEA Market Size and Forecast
- 11.1 By Propulsion
- 11.2 By Vehicle
- 11.3 By Distribution Channel
- 11.4 By Mounting
- 11.5 By Country
Chapter 12. Competitive Landscape
- 12.1 Global Strategic Developments in the Market
- 12.1.1 Product Launches
- 12.1.2 Partnerships
- 12.1.3 Other Developments
Chapter 13. Company Profiles
- 13.1 Mando Corporation
- 13.1.1 Business Overview
- 13.1.2 Product and Service Offerings
- 13.1.3 Key Financial Summary
- 13.2 DENSO CORPORATION
- 13.2.1 Business Overview
- 13.2.2 Product and Service Offerings
- 13.2.3 Key Financial Summary
- 13.3 Honda Motor Co. Ltd.
- 13.3.1 Business Overview
- 13.3.2 Product and Service Offerings
- 13.3.3 Key Financial Summary
- 13.4 Tesla Inc.
- 13.4.1 Business Overview
- 13.4.2 Product and Service Offerings
- 13.4.3 Key Financial Summary
- 13.5 Volkswagen AG
- 13.5.1 Business Overview
- 13.5.2 Product and Service Offerings
- 13.5.3 Key Financial Summary
- 13.6 Renault-Nissan-Mitsubishi Alliance
- 13.6.1 Business Overview
- 13.6.2 Product and Service Offerings
- 13.6.3 Key Financial Summary of Renault-Nissan Alliance
- 13.6.4 Key Financial Summary of Mitsubishi
- 13.7 Samsung Electronics Co. Ltd.
- 13.7.1 Business Overview
- 13.7.2 Product and Service Offerings
- 13.7.3 Key Financial Summary
- 13.8 Delphi Technologies PLC
- 13.8.1 Business Overview
- 13.8.2 Product and Service Offerings
- 13.8.3 Key Financial Summary
- 13.9 Robert Bosch GmbH
- 13.9.1 Business Overview
- 13.9.2 Product and Service Offerings
- 13.9.3 Key Financial Summary
- 13.10 Daimler AG
- 13.10.1 Business Overview
- 13.10.2 Product and Service Offerings
- 13.10.3 Key Financial Summary
Chapter 14. Appendix
- 14.1 Abbreviations
- 14.2 Sources and References
- 14.3 Related Reports
List of Tables
- TABLE 1 ANALYSIS PERIOD OF THE STUDY
- TABLE 2 INCENTIVE SCHEMES PREVAILING IN SOME MAJOR ELECTRIC VEHICLE-PRODUCING COUNTRIES
- TABLE 3 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
- TABLE 4 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
- TABLE 5 PRODUCTION IMPACT OF THE COVID-19 CRISIS ON THE EUROPEAN AUTO INDUSTRY
- TABLE 6 GLOBAL AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- TABLE 7 GLOBAL AVAS MARKET, BY PROPULSION, $M (2019-2030)
- TABLE 8 GLOBAL AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- TABLE 9 GLOBAL AVAS MARKET, BY VEHICLE, $M (2019-2030)
- TABLE 10 GLOBAL AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- TABLE 11 GLOBAL AVAS MARKET, BY DISTRIBUTION CHANNEL, $M (2019-2030)
- TABLE 12 GLOBAL AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- TABLE 13 GLOBAL AVAS MARKET, BY MOUNTING, $M (2019-2030)
- TABLE 14 GLOBAL AVAS MARKET, BY REGION, '000 UNITS (2019-2030)
- TABLE 15 GLOBAL AVAS MARKET, BY REGION, $M (2019-2030)
- TABLE 16 NORTH AMERICA AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- TABLE 17 NORTH AMERICA AVAS MARKET, BY PROPULSION, $M (2019-2030)
- TABLE 18 NORTH AMERICA AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- TABLE 19 NORTH AMERICA AVAS MARKET, BY VEHICLE, $M (2019-2030)
- TABLE 20 NORTH AMERICA AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- TABLE 21 NORTH AMERICA AVAS MARKET, BY DISTRIBUTION CHANNEL, $M (2019-2030)
- TABLE 22 NORTH AMERICA AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- TABLE 23 NORTH AMERICA AVAS MARKET, BY MOUNTING, $M (2019-2030)
- TABLE 24 NORTH AMERICA AVAS MARKET, BY COUNTRY, '000 UNITS (2019-2030)
- TABLE 25 NORTH AMERICA AVAS MARKET, BY COUNTRY, $M (2019-2030)
- TABLE 26 EUROPE AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- TABLE 27 EUROPE AVAS MARKET, BY PROPULSION, $M (2019-2030)
- TABLE 28 EUROPE AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- TABLE 29 EUROPE AVAS MARKET, BY VEHICLE, $M (2019-2030)
- TABLE 30 EUROPE AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- TABLE 31 EUROPE AVAS MARKET, BY DISTRIBUTION CHANNEL, $M (2019-2030)
- TABLE 32 EUROPE AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- TABLE 33 EUROPE AVAS MARKET, BY MOUNTING, $M (2019-2030)
- TABLE 34 EUROPE AVAS MARKET, BY COUNTRY, '000 UNITS (2019-2030)
- TABLE 35 EUROPE AVAS MARKET, BY COUNTRY, $M (2019-2030)
- TABLE 36 APAC AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- TABLE 37 APAC AVAS MARKET, BY PROPULSION, $M (2019-2030)
- TABLE 38 APAC AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- TABLE 39 APAC AVAS MARKET, BY VEHICLE, $M (2019-2030)
- TABLE 40 APAC AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- TABLE 41 APAC AVAS MARKET, BY DISTRIBUTION CHANNEL, $M (2019-2030)
- TABLE 42 APAC AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- TABLE 43 APAC AVAS MARKET, BY MOUNTING, $M (2019-2030)
- TABLE 44 APAC AVAS MARKET, BY COUNTRY, '000 UNITS (2019-2030)
- TABLE 45 APAC AVAS MARKET, BY COUNTRY, $M (2019-2030)
- TABLE 46 LAMEA AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- TABLE 47 LAMEA AVAS MARKET, BY PROPULSION, $M (2019-2030)
- TABLE 48 LAMEA AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- TABLE 49 LAMEA AVAS MARKET, BY VEHICLE, $M (2019-2030)
- TABLE 50 LAMEA AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- TABLE 51 LAMEA AVAS MARKET, BY DISTRIBUTION CHANNEL, $M (2019-2030)
- TABLE 52 LAMEA AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- TABLE 53 LAMEA AVAS MARKET, BY MOUNTING, $M (2019-2030)
- TABLE 54 LAMEA AVAS MARKET, BY COUNTRY, '000 UNITS (2019-2030)
- TABLE 55 LAMEA AVAS MARKET, BY COUNTRY, $M (2019-2030)
- TABLE 56 MANDO CORPORATION - AT A GLANCE
- TABLE 57 MANDO CORPORATION - KEY FINANCIAL SUMMARY
- TABLE 58 DENSO CORPORATION - AT A GLANCE
- TABLE 59 DENSO CORPORATION - KEY FINANCIAL SUMMARY
- TABLE 60 HONDA MOTOR CO. LTD. - AT A GLANCE
- TABLE 61 HONDA MOTOR CO. LTD. - KEY FINANCIAL SUMMARY
- TABLE 62 TESLA INC. - AT A GLANCE
- TABLE 63 TESLA INC. - KEY FINANCIAL SUMMARY
- TABLE 64 VOLKSWAGEN AG - AT A GLANCE
- TABLE 65 VOLKSWAGEN AG - KEY FINANCIAL SUMMARY
- TABLE 66 RENAULT-NISSAN-MITSUBISHI ALLIANCE - AT A GLANCE
- TABLE 67 RENAULT-NISSAN ALLIANCE - KEY FINANCIAL SUMMARY
- TABLE 68 MITSUBISHI - KEY FINANCIAL SUMMARY
- TABLE 69 SAMSUNG ELECTRONICS CO. LTD. - AT A GLANCE
- TABLE 70 SAMSUNG ELECTRONICS CO. LTD. - KEY FINANCIAL SUMMARY
- TABLE 71 DELPHI TECHNOLOGIES PLC - AT A GLANCE
- TABLE 72 DELPHI TECHNOLOGIES PLC - KEY FINANCIAL SUMMARY
- TABLE 73 ROBERT BOSCH GMBH - AT A GLANCE
- TABLE 74 ROBERT BOSCH GMBH - KEY FINANCIAL SUMMARY
- TABLE 75 DAIMLER AG - AT A GLANCE
- TABLE 76 DAIMLER AG - KEY FINANCIAL SUMMARY
-
List of Figures
- FIG 1 RESEARCH SCOPE
- FIG 2 RESEARCH METHODOLOGY
- FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY REGION
- FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
- FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
- FIG 6 DATA TRIANGULATION APPROACH
- FIG 7 GLOBAL AVAS MARKET SUMMARY
- FIG 8 GLOBAL AVAS MARKET VALUE CHAIN ANALYSIS
- FIG 9 BARGAINING POWER OF BUYERS AND THEIR IMPACT ANALYSIS
- FIG 10 BARGAINING POWER OF SUPPLIERS AND THEIR IMPACT ANALYSIS
- FIG 11 INTENSITY OF RIVALRY AND THEIR IMPACT ANALYSIS
- FIG 12 THREAT OF NEW ENTRANTS AND THEIR IMPACT ANALYSIS
- FIG 13 THREAT OF SUBSTITUTES AND THEIR IMPACT ANALYSIS
- FIG 14 FACTORS TO DRIVE INCREASED EV ADOPTION BY 2025
- FIG 15 BEV DEPLOYMENT WORLDWIDE, 2013-2018 (IN MILLION VEHICLES)
- FIG 16 STEPS FOR EV POLICY REVISION AND DEVELOPMENT - POST COVID-19
- FIG 17 THREE KEY MOTIVES FOR EARLY EV ADOPTION
- FIG 18 BATTERY ELECTRIC VEHICLE SALES ACROSS APAC (IN THOUSANDS)
- FIG 19 ANNUAL EV SALES IN LATIN AMERICA, BY COUNTRY (2018)
- FIG 20 GLOBAL AVAS MARKET SNAPSHOT
- FIG 21 GLOBAL AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- FIG 22 GLOBAL AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- FIG 23 GLOBAL AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- FIG 24 GLOBAL AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- FIG 25 GLOBAL AVAS MARKET, BY REGION, '000 UNITS (2019-2030)
- FIG 26 NORTH AMERICA AVAS MARKET SNAPSHOT
- FIG 27 NORTH AMERICA AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- FIG 28 NORTH AMERICA AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- FIG 29 NORTH AMERICA AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- FIG 30 NORTH AMERICA AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- FIG 31 NORTH AMERICA AVAS MARKET, BY COUNTRY, '000 UNITS (2019-2030)
- FIG 32 EUROPE AVAS MARKET SNAPSHOT
- FIG 33 EUROPE AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- FIG 34 EUROPE AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- FIG 35 EUROPE AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- FIG 36 EUROPE AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- FIG 37 EUROPE AVAS MARKET, BY COUNTRY, '000 UNITS (2019-2030)
- FIG 38 APAC AVAS MARKET SNAPSHOT
- FIG 39 APAC AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- FIG 40 APAC AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- FIG 41 APAC AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- FIG 42 APAC AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- FIG 43 APAC AVAS MARKET, BY COUNTRY, '000 UNITS (2019-2030)
- FIG 44 LAMEA AVAS MARKET SNAPSHOT
- FIG 45 LAMEA AVAS MARKET, BY PROPULSION, '000 UNITS (2019-2030)
- FIG 46 LAMEA AVAS MARKET, BY VEHICLE, '000 UNITS (2019-2030)
- FIG 47 LAMEA AVAS MARKET, BY DISTRIBUTION CHANNEL, '000 UNITS (2019-2030)
- FIG 48 LAMEA AVAS MARKET, BY MOUNTING, '000 UNITS (2019-2030)
- FIG 49 LAMEA AVAS MARKET, BY COUNTRY, '000 UNITS (2019-2030)
- FIG 50 MANDO CORPORATION - REVENUE SPLIT BY GEOGRAPHY (2019)
- FIG 51 DENSO CORPORATION - REVENUE SPLIT BY GEOGRAPHY (2019)
- FIG 52 HONDA MOTOR CO. LTD. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
- FIG 53 TESLA INC. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
- FIG 54 VOLKSWAGEN AG - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
- FIG 55 REVENUE SPLIT BY SEGMENT AND GEOGRAPHY* (2019)
- FIG 56 REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
- FIG 57 SAMSUNG ELECTRONICS CO. LTD. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
- FIG 58 DELPHI TECHNOLOGIES PLC - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
- FIG 59 ROBERT BOSCH GMBH - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
- FIG 60 REVENUE SPLIT BY DIVISION AND GEOGRAPHY (2019)
