Allied Market Research
Loading...
0
Allied Market Research

Electric Vehicle Sound Generator Market by Type (Hardware Devices and Software System), Application (Electric Vehicle and Hybrid Vehicles), and Sales Channel (Original Equipment Manufacturer (OEM), and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12254
Pages: NA
Sep 2021 | 62 Views
   
Author(s) : Sonia Mutreja
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Electric Vehicle Sound Generator Market

Request Now !

Electric Vehicle Sound Generator Market Outlook 2030 -

Electric vehicle sound generator systems create artificial sound to alert pedestrians about the presence of electric vehicle and hybrid vehicles. Electric vehicle sound generators enable pedestrians to detect nearly-silent electric vehicles. A large part of the demand comes from original equipment manufacturers' because of the government rules and regulation. Owing to the nature of the electronic devices used in different types of electric vehicles such as BEV, BHEV, and HEV, the sound they make is small or even negligible, especially when they are driving at a low speed of less than 20 kilometers per hour. Therefore, the use of electric vehicle sound generators is a key mechanism to ensure the safety of pedestrians and cyclists. Many aspiring participants are establishing new partnerships and strategic cooperation with original equipment manufacturers, which raises the bet on new technologies in the electric vehicle sound generator market. In addition, auto parts suppliers are focusing on introducing technologies that allow automakers to integrate custom sound generators. This development has intensified the intensity of competition in the electric vehicle sound market. For instance, Audi have introduced and installed customized computerized frequencies in their upcoming models such as in Audi R8 e-tron. Electric vehicle sound generator manufacturer can look forward to partnering with automakers in order to develop customized sound frequencies for electric vehicles to gain competitive advantage in the global market.

Market scope and structure analysis:

Report Metric

Details

 Market size available for years

 2020–2030

 Base year considered

 2020

 Forecast period

 2021–2030

 Forecast units

 Value (USD)

 Segments covered

 Type, Application, Sales Channel and Region

 Regions covered

North America (U.S., Canada and Mexico), Europe (Germany, U.K, France, Russia and rest of Europe), Asia-Pacific (China, Japan, India, South Korea and rest of Asia-Pacific), LAMEA (Latin America, Middle East and Africa)

 Companies covered

KUFATEC GmbH, Volkswage AG, Denso Corporation, Nissan Motor Co. Ltd., Tesla Inc., HARMAN International, BMW AG, Continental AG, Mando Hella Electronics Corp, and Delphi Technologies.


COVID-19 Impact analysis

The manufacturers in electric vehicle sound generator industry across the globe is being affected severely due to the restrictions on producers as well as the declared lockdowns which in turn is affecting the manufacturers worldwide. Industry executives are anticipating manufacturing slowdowns, either because nations have shuttered industries to slow the spread of coronavirus or because the workers have tested positive. Many components and parts for manufacturing of electric vehicle sound generator come from China, the US and some parts of Europe. Manufacturing disruptions in China and the US could contribute to a significant fall in the market over the next one or two years. Moreover, new orders for electric vehicle in the U.S. were down by around 12% in April 2020 compared to the previous year. Due to the COVID-19 pandemic, local currencies of many countries have depreciated. There is misalignment of supply and demand, leading to financial losses for components/parts manufacturers. Key components used in manufacturing electric vehicle sound generator are typically procured in US dollars, which results in increased component cost

Top Impacting Factors

  • Rise in the trend of electrification of the transportation industry, the stringent implementation of government regulations, and rise in demand for electric vehicle are driving the growth of the market.
  • High cost, and slow penetration of EV market is expected to hamper the growth of the market.
  • Growing aftermarket sales, and rise in number of battery-powered light commercial vehicles can be seen as an opportunity for the market investments.

The electric vehicle sound generator trends are as follows:

Rise in demand for electric vehicle

The demand for electric vehicles is a key aspect that driving the growth of electric vehicle sound generator market. Compared with traditional cars, electric cars have many advantages, such as zero emission of harmful gases, reduced noise and improved fuel efficiency. In addition, the growth of electric vehicles has been supported by local governments, which are taking measures to reduce air, and sound pollution by enacting rules on the use of traditional vehicles. They are also encouraging the adoption of hybrid vehicles by offering several incentives and subsidies to owners of such vehicles. For instance, the Chinese government offers a subsidy of US$ 6,750 to US$ 14,000 to customers on every purchase of hybrid or electric vehicles depending on the size of the battery pack. Also, Indian government is providing subsidy on purchase of electric vehicle, and no fee on registration. Thus, the rise in the demand for electric vehicle will directly impact the market of electric vehicle sound generator.

Key segments covered:

Segments

Sub-segments

 Type

  • Hardware Devices
  • Software System

 Application

  • Electric Vehicle
  • Hybrid Vehicles

 Sales Channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

 Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa


Key benefits of the report:

  • This study presents the analytical depiction of the electric vehicle sound generator industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the electric vehicle sound generator.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the electric vehicle sound generator growth scenario.
  • The report provides a detailed electric vehicle sound generator analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the electric vehicle sound generator research report:

  • Which are the leading market players active in the electric vehicle sound generator?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the electric vehicle sound generator?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Electric Vehicle Sound Generator Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers