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Automotive Horn Systems Market Report 2024

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    Report

  • 175 Pages
  • September 2024
  • Region: Global
  • The Business Research Company
  • ID: 5997584
The automotive horn systems market size has grown strongly in recent years. It will grow from $0.71 billion in 2023 to $0.77 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. Historical growth can be credited to higher vehicle production rates, increased emphasis on passenger safety, expanded automotive aftermarket sales, rising disposable incomes and vehicle ownership rates, and growth in commercial vehicle fleets and logistics.

The automotive horn systems market size is expected to see strong growth in the next few years. It will grow to $1.11 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. Forecasted growth is driven by increased demand for advanced driver assistance systems (ADAS), expansion of the automotive sector in emerging markets, heightened focus on pedestrian safety regulations, growth in automotive aftermarket sales, and growing consumer demand for vehicle safety features. Key trends expected in the forecast period include the adoption of electric and hybrid vehicles, integration of smart horn systems for vehicle safety, advancements in acoustic and materials technology, and innovations in horn sensor technology.

The growing preference for luxury cars is expected to drive the expansion of the automotive horn systems market. Luxury cars are high-end vehicles that offer exceptional comfort, performance, advanced technology, and superior materials. The demand for luxury cars is fueled by rising disposable incomes and a desire for status, prestige, and technological advancements. Automotive horn systems enhance luxury cars by providing excellent sound quality, reliability, and seamless integration with the vehicle's safety and communication systems, improving functionality and the overall driving experience. For example, according to the International Energy Outlook 2023 report by the US Energy Information Administration (EIA), luxury vehicles made up 18% of all new vehicle sales in the second quarter of 2023, up from 14% in 2020. Thus, the increasing preference for luxury cars is boosting the automotive horn systems market.

Leading companies in the automotive horn systems market are developing innovative products, such as the trumpet horn, to improve sound quality, durability, and aesthetic appeal. Trumpet horns are known for their loud, resonant sound similar to a trumpet, providing a powerful output chosen by vehicle owners for effective alerts. For instance, in April 2024, Uno Minda Limited, an India-based auto parts manufacturer, introduced the C80 trumpet horn, which incorporates advanced European technology to deliver high-quality sound with an output exceeding 105 decibels. It is compatible with various car models, representing a significant advancement in the automotive aftermarket and meeting the increasing market demand.

In August 2021, Faurecia S.E., a French automotive manufacturing company, acquired Hella GmbH & Co. KGaA for an undisclosed sum. This strategic move is aimed at strengthening Faurecia's position in the automotive market by integrating Hella's expertise in lighting and sensor systems. By doing so, Faurecia intends to enhance its ability to provide advanced mobility solutions and leverage synergies in technology and sustainability initiatives. Hella GmbH & Co. KGaA, headquartered in Germany, specializes in manufacturing automotive horns, sensors, and lighting solutions.

Major companies operating in the automotive horn systems market are Ford Motor Company, SAIC Motor Corporation Limited, Robert Bosch GmbH, BYD Company Limited, Denso Corporation, AB Volvo, Subaru Corporation, Valeo SA, BorgWarner Inc, HELLA GmbH & Co. KGaA, Minth Group Limited, Littelfuse Inc., Mitsuba Corporation, Nippon Seiki Co. Ltd., Uno Minda Limited, SORL Auto Parts Inc., Imasen Electric Industrial Co. Ltd., Mikuni Corporation, Hadley, FIAMM Energy Technology S.p.A., Wolo Manufacturing Corporation, Kobra Horns, Roots Industries India Limited, Kleinn Automotive Accessories, Vixen Horn.

North America was the largest region in the automotive horn systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive horn systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive horn systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Automotive horn systems encompass electronic and pneumatic devices installed in vehicles. These systems are designed to emit sound signals for communication and warnings, serving to alert pedestrians and other drivers, signal emergencies, facilitate road communication, enhance safety by improving awareness of hazards, and ensure compliance with safety regulations.

The primary types of automotive horn systems are air horns and electric horns. An air horn operates by utilizing compressed air to generate a loud and powerful sound. These horn systems are available in various configurations such as flat, spiral, and trumpet shapes, catering to passenger vehicles, light commercial vehicles, and heavy commercial vehicles. They are distributed through multiple channels including original equipment manufacturers (OEMs) and the aftermarket.

The automotive horn systems market research report is one of a series of new reports that provides automotive horn systems market statistics, including automotive horn systems industry global market size, regional shares, competitors with a automotive horn systems market share, detailed automotive horn systems market segments, market trends and opportunities, and any further data you may need to thrive in the automotive horn systems industry. This automotive horn systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The automotive horn systems market consists of sales of electromagnetic horns, disc horns, snail horns, multi-tone horns, horn buttons. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Automotive Horn Systems Market Characteristics3. Automotive Horn Systems Market Trends and Strategies
4. Automotive Horn Systems Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Automotive Horn Systems Market Size and Growth
5.1. Global Automotive Horn Systems Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Automotive Horn Systems Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Automotive Horn Systems Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Automotive Horn Systems Market Segmentation
6.1. Global Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Air Horn
  • Electric Horn
6.2. Global Automotive Horn Systems Market, Segmentation by Horn Shape, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Flat
  • Spiral
  • Trumpet
6.3. Global Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
6.4. Global Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Original Equipment Manufacturer (OEM)
  • Aftermarket
7. Automotive Horn Systems Market Regional and Country Analysis
7.1. Global Automotive Horn Systems Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Automotive Horn Systems Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Automotive Horn Systems Market
8.1. Asia-Pacific Automotive Horn Systems Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Automotive Horn Systems Market
9.1. China Automotive Horn Systems Market Overview
9.2. China Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Automotive Horn Systems Market
10.1. India Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Automotive Horn Systems Market
11.1. Japan Automotive Horn Systems Market Overview
11.2. Japan Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Automotive Horn Systems Market
12.1. Australia Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Automotive Horn Systems Market
13.1. Indonesia Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Automotive Horn Systems Market
14.1. South Korea Automotive Horn Systems Market Overview
14.2. South Korea Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Automotive Horn Systems Market
15.1. Western Europe Automotive Horn Systems Market Overview
15.2. Western Europe Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Automotive Horn Systems Market
16.1. UK Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Automotive Horn Systems Market
17.1. Germany Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Automotive Horn Systems Market
18.1. France Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Automotive Horn Systems Market
19.1. Italy Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Automotive Horn Systems Market
20.1. Spain Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Automotive Horn Systems Market
21.1. Eastern Europe Automotive Horn Systems Market Overview
21.2. Eastern Europe Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Automotive Horn Systems Market
22.1. Russia Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Automotive Horn Systems Market
23.1. North America Automotive Horn Systems Market Overview
23.2. North America Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Automotive Horn Systems Market
24.1. USA Automotive Horn Systems Market Overview
24.2. USA Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Automotive Horn Systems Market
25.1. Canada Automotive Horn Systems Market Overview
25.2. Canada Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Automotive Horn Systems Market
26.1. South America Automotive Horn Systems Market Overview
26.2. South America Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Automotive Horn Systems Market
27.1. Brazil Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Automotive Horn Systems Market
28.1. Middle East Automotive Horn Systems Market Overview
28.2. Middle East Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Automotive Horn Systems Market
29.1. Africa Automotive Horn Systems Market Overview
29.2. Africa Automotive Horn Systems Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Automotive Horn Systems Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Automotive Horn Systems Market, Segmentation by Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Automotive Horn Systems Market Competitive Landscape and Company Profiles
30.1. Automotive Horn Systems Market Competitive Landscape
30.2. Automotive Horn Systems Market Company Profiles
30.2.1. Ford Motor Company
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. SAIC Motor Corporation Limited
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Robert Bosch GmbH
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. BYD Company Limited
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Denso Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Automotive Horn Systems Market Other Major and Innovative Companies
31.1. AB Volvo
31.2. Subaru Corporation
31.3. Valeo SA
31.4. BorgWarner Inc
31.5. HELLA GmbH & Co. KGaA
31.6. Minth Group Limited
31.7. Littelfuse Inc.
31.8. Mitsuba Corporation
31.9. Nippon Seiki Co. Ltd.
31.10. Uno Minda Limited
31.11. SORL Auto Parts Inc.
31.12. Imasen Electric Industrial Co. Ltd.
31.13. Mikuni Corporation
31.14. Hadley
31.15. FIAMM Energy Technology S.p.a.
32. Global Automotive Horn Systems Market Competitive Benchmarking33. Global Automotive Horn Systems Market Competitive Dashboard34. Key Mergers and Acquisitions in the Automotive Horn Systems Market
35. Automotive Horn Systems Market Future Outlook and Potential Analysis
35.1 Automotive Horn Systems Market in 2028 - Countries Offering Most New Opportunities
35.2 Automotive Horn Systems Market in 2028 - Segments Offering Most New Opportunities
35.3 Automotive Horn Systems Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Automotive Horn Systems Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on automotive horn systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for automotive horn systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive horn systems market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product: Air Horn; Electric Horn
2) By Horn Shape: Flat; Spiral; Trumpet
3) By Vehicle Type: Passenger Vehicle; Light Commercial Vehicle; Heavy Commercial Vehicle
4) By Sales Channel: Original Equipment Manufacturer (OEM); Aftermarket

Key Companies Mentioned: Ford Motor Company; SAIC Motor Corporation Limited; Robert Bosch GmbH; BYD Company Limited; Denso Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Methodology

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