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Electric Vehicle Sound Generator System Market Report and Forecast 2024-2032

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    Report

  • 193 Pages
  • April 2024
  • Region: Global
  • Expert Market Research
  • ID: 5960640
According to this report, the global electric vehicle sound generator system market size reached a value of USD 110.88 million in 2023. Aided by the increasing safety regulations and the rapid adoption of electric vehicles (EVs), the market is projected to further grow at a CAGR of 13.7% between 2024 and 2032 to reach a value of USD 356.12 million by 2032.

The primary driver for the electric vehicle sound generator system market growth is the global increase in electric vehicle sales, coupled with stringent safety regulations mandating the installation of sound-generating systems in EVs to prevent accidents. As EVs typically operate quietly at low speeds, they pose a potential risk to pedestrians, cyclists, and the visually impaired, making sound generator systems essential for public safety.

As per the electric vehicle sound generator system market analysis, technological advancements in sound generator systems, which allow for customisable sounds and integration with vehicle telematics, are making these systems more attractive to both manufacturers and consumers.

Governments worldwide are implementing regulations that require electric vehicles to be equipped with sound generator systems to ensure pedestrian safety. These regulations are also standardising the type of sounds and volume levels to ensure consistency and effectiveness across all vehicles.

As per the electric vehicle sound generator system market outlook, EV sound generator systems are increasingly being integrated with smart mobility solutions, where the sound emitted can be adjusted based on vehicle speed, external environmental conditions, and proximity to pedestrians, enhancing the adaptive capabilities of these systems.

There is a growing trend among consumers demanding customisation in the sounds produced by their EVs’ sound generator systems which can also aid the electric vehicle sound generator system market expansion. This includes options for different sound profiles based on personal preferences or driving modes, adding a unique aspect to the driving experience.

Technological advancements are enabling the development of more sophisticated sound generator systems that can emit a range of sounds mimicking various traditional engines or even futuristic tones, appealing to a broader consumer base.

As electric vehicle adoption increases in emerging markets, there is significant potential for the growth of the EV sound generator system market in these regions. Manufacturers in the electric vehicle sound generator system market are focusing on these markets due to favorable government policies promoting electric vehicle usage.

The market has witnessed several key developments, including partnerships between sound technology companies and automotive manufacturers to co-develop enhanced sound generator systems. Innovations such as directional sound emission, which targets sound towards areas with higher pedestrian traffic, are making these systems more effective and appealing.

Europe leads the global electric vehicle sound generator system market share, driven by rigorous safety regulations and high electric vehicle penetration rates. However, Asia Pacific is expected to experience the fastest growth due to increasing electric vehicle production and sales, particularly in China and Japan, coupled with growing awareness of pedestrian safety.

Looking ahead, the market is poised for significant growth, driven by ongoing technological advancements, tightening safety regulations, and increasing consumer demand for electric vehicles equipped with safety features. As the market evolves, the focus will likely shift towards developing more advanced, customizable, and efficient sound generator systems to meet the emerging needs of a diverse global consumer base.

Market Segmentation

The market can be divided based on vehicle type, product type, application, and region.

Market Breakup by Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)
  • Others

Market Breakup by Product Type

  • Bass Sound Generator
  • Treble Sound Generator

Market Breakup by Application

  • OEM
  • Aftermarket

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global electric vehicle sound generator market. Some of the major players explored in the report are as follows:
  • Continental AG
  • BMW AG
  • STMicroelectronics International N.V.
  • HARMAN International
  • Mando-Hella Electronics Corporation
  • KUFATEC GmbH &Co. KG
  • Kendrion N.V.
  • SoundRacer AB
  • ECCO Safety Group
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Electric Vehicle Sound Generator System Market Analysis
8.1 Key Industry Highlights
8.2 Global Electric Vehicle Sound Generator System Historical Market (2018-2023)
8.3 Global Electric Vehicle Sound Generator System Market Forecast (2024-2032)
8.4 Global Electric Vehicle Sound Generator System Market by Vehicle Type
8.4.1 Passenger Cars
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Light Commercial Vehicles (LCV)
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Heavy Commercial Vehicles (HCV)
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Electric Vehicle Sound Generator System Market by Product Type
8.5.1 Bass Sound Generator
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Treble Sound Generator
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Electric Vehicle Sound Generator System Market by Application
8.6.1 OEM
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Aftermarket
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Electric Vehicle Sound Generator System Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Electric Vehicle Sound Generator System Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Electric Vehicle Sound Generator System Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Electric Vehicle Sound Generator System Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Electric Vehicle Sound Generator System Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Electric Vehicle Sound Generator System Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Continental AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 BMW AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 STMicroelectronics International N.V.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 HARMAN International
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Mando-Hella Electronics Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 KUFATEC GmbH &Co. KG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Kendrion N.V.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 SoundRacer AB
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 ECCO Safety Group
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Electric Vehicle Sound Generator System Market: Key Industry Highlights, 2018 and 2032
2. Global Electric Vehicle Sound Generator System Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
3. Global Electric Vehicle Sound Generator System Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
4. Global Electric Vehicle Sound Generator System Historical Market: Breakup by Product Type (USD Million), 2018-2023
5. Global Electric Vehicle Sound Generator System Market Forecast: Breakup by Product Type (USD Million), 2024-2032
6. Global Electric Vehicle Sound Generator System Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Electric Vehicle Sound Generator System Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Electric Vehicle Sound Generator System Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Electric Vehicle Sound Generator System Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Electric Vehicle Sound Generator System Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Electric Vehicle Sound Generator System Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Electric Vehicle Sound Generator System Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Electric Vehicle Sound Generator System Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Electric Vehicle Sound Generator System Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Electric Vehicle Sound Generator System Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Electric Vehicle Sound Generator System Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Electric Vehicle Sound Generator System Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Electric Vehicle Sound Generator System Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Electric Vehicle Sound Generator System Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Electric Vehicle Sound Generator System Market Structure

Companies Mentioned

  • Continental AG
  • BMW AG
  • STMicroelectronics International N.V.
  • HARMAN International
  • Mando-Hella Electronics Corporation
  • KUFATEC GmbH &Co. KG
  • Kendrion N.V.
  • SoundRacer AB
  • ECCO Safety Group

Methodology

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