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PUBLISHER: KBV Research | PRODUCT CODE: 1450350

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PUBLISHER: KBV Research | PRODUCT CODE: 1450350

Asia Pacific Acoustic Vehicle Alert System Market Size, Share & Trends Analysis Report By Propulsion Type (Battery Electric Vehicle (BEV), and Plug -In Hybrid Electric Vehicle (PHEV)), By Vehicle Type, By Country and Growth Forecast, 2023 - 2030

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The Asia Pacific Acoustic Vehicle Alert System Market would witness market growth of 12.5% CAGR during the forecast period (2023-2030).

Developers in the AVAS industry are investigating environmentally favorable and sustainable soundscapes considering the increasing focus on sustainability. By incorporating nature-inspired or harmonious sounds into the alert system, manufacturers aim to contribute positively to the auditory environment, aligning with broader sustainability goals and creating a more pleasant auditory landscape in urban settings. An important factor in determining mental health is the auditory environment. By introducing calming and nature-inspired sounds, AVAS creates a more serene and therapeutic auditory backdrop, offering a respite from the hustle and bustle of city life.

Additionally, integrating Artificial Intelligence (AI) into AVAS represents a frontier of innovation. AI algorithms can dynamically adapt acoustic signals based on real-time conditions, including the vehicle's speed, surrounding noise levels, and pedestrian proximity. This innovation allows for a more context-aware and adaptive approach, enhancing the effectiveness and efficiency of AVAS in diverse scenarios.

As per Invest India, the automotive industry is valued at over $222 billion, accounting for 35% of the manufacturing sector's gross domestic product. The automotive industry produced 22.93 million vehicles between April 2021 and March 2022. This figure includes passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and quadricycles. India occupies a prominent position in the international heavy vehicle sector due to its global leadership roles as the foremost producer of tractors, the second-largest producer of buses, and the third-largest producer of heavy trucks. Thus, the growing automotive sector in Asia Pacific will propel the demand for AVAS in the region.

The China market dominated the Asia Pacific Acoustic Vehicle Alert System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $175.8 Million by 2030. The Japan market is registering a CAGR of 11.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 13.8% during (2023 - 2030).

Based on Propulsion Type, the market is segmented into Battery Electric Vehicle (BEV), and Plug -In Hybrid Electric Vehicle (PHEV). Based on Vehicle Type, the market is segmented into Passenger Vehicle, Two-Wheelers, and Commercial Vehicle. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Continental AG
  • STMicroelectronics N.V.
  • HELLA GmbH & Co. KGaA
  • Mercedes-Benz Group AG
  • Brigade Electronics Group PLC
  • Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
  • Honda Motor Co. Ltd.
  • Kendrion N.V.
  • Soundracer AB
  • Maruti Suzuki India Limited

Asia Pacific Acoustic Vehicle Alert System Market Report Segmentation

By Propulsion Type

  • Battery Electric Vehicle (BEV)
  • Plug -In Hybrid Electric Vehicle (PHEV)

By Vehicle Type

  • Passenger Vehicle
  • Two-Wheelers
  • Commercial Vehicle

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1Asia Pacific Acoustic Vehicle Alert System Market, by Propulsion Type
    • 1.4.2Asia Pacific Acoustic Vehicle Alert System Market, by Vehicle Type
    • 1.4.3Asia Pacific Acoustic Vehicle Alert System Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Restraints
    • 3.2.3Market Opportunities
    • 3.2.4Market Challenges
  • 3.3Porter's Five Forces Analysis

Chapter 4.Asia Pacific Acoustic Vehicle Alert System Market by Propulsion Type

  • 4.1Asia Pacific Battery Electric Vehicle (BEV) Market by Country
  • 4.2Asia Pacific Plug -In Hybrid Electric Vehicle (PHEV) Market by Country

Chapter 5.Asia Pacific Acoustic Vehicle Alert System Market by Vehicle Type

  • 5.1Asia Pacific Passenger Vehicle Market by Country
  • 5.2Asia Pacific Two-Wheelers Market by Country
  • 5.3Asia Pacific Commercial Vehicle Market by Country

Chapter 6.Asia Pacific Acoustic Vehicle Alert System Market by Country

  • 6.1China Acoustic Vehicle Alert System Market
    • 6.1.1China Acoustic Vehicle Alert System Market by Propulsion Type
    • 6.1.2China Acoustic Vehicle Alert System Market by Vehicle Type
  • 6.2Japan Acoustic Vehicle Alert System Market
    • 6.2.1Japan Acoustic Vehicle Alert System Market by Propulsion Type
    • 6.2.2Japan Acoustic Vehicle Alert System Market by Vehicle Type
  • 6.3India Acoustic Vehicle Alert System Market
    • 6.3.1India Acoustic Vehicle Alert System Market by Propulsion Type
    • 6.3.2India Acoustic Vehicle Alert System Market by Vehicle Type
  • 6.4South Korea Acoustic Vehicle Alert System Market
    • 6.4.1South Korea Acoustic Vehicle Alert System Market by Propulsion Type
    • 6.4.2South Korea Acoustic Vehicle Alert System Market by Vehicle Type
  • 6.5Taiwan Acoustic Vehicle Alert System Market
    • 6.5.1Taiwan Acoustic Vehicle Alert System Market by Propulsion Type
    • 6.5.2Taiwan Acoustic Vehicle Alert System Market by Vehicle Type
  • 6.6Malaysia Acoustic Vehicle Alert System Market
    • 6.6.1Malaysia Acoustic Vehicle Alert System Market by Propulsion Type
    • 6.6.2Malaysia Acoustic Vehicle Alert System Market by Vehicle Type
  • 6.7Rest of Asia Pacific Acoustic Vehicle Alert System Market
    • 6.7.1Rest of Asia Pacific Acoustic Vehicle Alert System Market by Propulsion Type
    • 6.7.2Rest of Asia Pacific Acoustic Vehicle Alert System Market by Vehicle Type

Chapter 7.Company Profiles

  • 7.1HELLA GmbH & Co. KGaA
    • 7.1.1Company Overview
    • 7.1.2Financial Analysis
    • 7.1.3Segmental and Regional Analysis
    • 7.1.4Research & Development Expenses
    • 7.1.5SWOT Analysis
  • 7.2Mercedes-Benz Group AG
    • 7.2.1Company Overview
    • 7.2.2Financial Analysis
    • 7.2.3Segmental and Regional Analysis
    • 7.2.4Research & Development Expense
    • 7.2.5SWOT Analysis
  • 7.3HARMAN International Industries, Inc (Samsung Electronics Co., Ltd.)
    • 7.3.1Company Overview
    • 7.3.2Financial Analysis
    • 7.3.3Segmental and Regional Analysis
    • 7.3.4Research & Development Expenses
    • 7.3.5SWOT Analysis
  • 7.4Honda Motor Co. Ltd.
    • 7.4.1Company Overview
    • 7.4.2Financial Analysis
    • 7.4.3Segmental and Regional Analysis
    • 7.4.4Research & Development Expense
    • 7.4.5SWOT Analysis
  • 7.5Maruti Suzuki India Limited
    • 7.5.1Company Overview
    • 7.5.2Financial Analysis
    • 7.5.3Research & Development Expense
    • 7.5.4Recent strategies and developments:
      • 7.5.4.1Product Launches and Product Expansions:
    • 7.5.5SWOT Analysis
  • 7.6Continental AG
    • 7.6.1Company Overview
    • 7.6.2Financial Analysis
    • 7.6.3Segmental and Regional Analysis
    • 7.6.4Research & Development Expense
    • 7.6.5SWOT Analysis
  • 7.7STMicroelectronics N.V.
    • 7.7.1Company Overview
    • 7.7.2Financial Analysis
    • 7.7.3Segmental and Regional Analysis
    • 7.7.4Research & Development Expense
    • 7.7.5SWOT Analysis
  • 7.8Brigade Electronics Group PLC
    • 7.8.1Company Overview
    • 7.8.2Recent strategies and developments:
      • 7.8.2.1Product Launches and Product Expansions:
    • 7.8.3SWOT Analysis
  • 7.9Kendrion N.V.
    • 7.9.1Company Overview
    • 7.9.2Financial Analysis
    • 7.9.3Segmental and Regional Analysis
    • 7.9.4SWOT Analysis
  • 7.10.SoundRacer AB
    • 7.10.1Company Overview
    • 7.10.2SWOT Analysis

LIST OF TABLES

  • TABLE 1Asia Pacific Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
  • TABLE 2Asia Pacific Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
  • TABLE 3Asia Pacific Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
  • TABLE 4Asia Pacific Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
  • TABLE 5Asia Pacific Battery Electric Vehicle (BEV) Market by Country, 2019 - 2022, USD Million
  • TABLE 6Asia Pacific Battery Electric Vehicle (BEV) Market by Country, 2023 - 2030, USD Million
  • TABLE 7Asia Pacific Plug -In Hybrid Electric Vehicle (PHEV) Market by Country, 2019 - 2022, USD Million
  • TABLE 8Asia Pacific Plug -In Hybrid Electric Vehicle (PHEV) Market by Country, 2023 - 2030, USD Million
  • TABLE 9Asia Pacific Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
  • TABLE 10Asia Pacific Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
  • TABLE 11Asia Pacific Passenger Vehicle Market by Country, 2019 - 2022, USD Million
  • TABLE 12Asia Pacific Passenger Vehicle Market by Country, 2023 - 2030, USD Million
  • TABLE 13Asia Pacific Two-Wheelers Market by Country, 2019 - 2022, USD Million
  • TABLE 14Asia Pacific Two-Wheelers Market by Country, 2023 - 2030, USD Million
  • TABLE 15Asia Pacific Commercial Vehicle Market by Country, 2019 - 2022, USD Million
  • TABLE 16Asia Pacific Commercial Vehicle Market by Country, 2023 - 2030, USD Million
  • TABLE 17Asia Pacific Acoustic Vehicle Alert System Market by Country, 2019 - 2022, USD Million
  • TABLE 18Asia Pacific Acoustic Vehicle Alert System Market by Country, 2023 - 2030, USD Million
  • TABLE 19China Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
  • TABLE 20China Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
  • TABLE 21China Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
  • TABLE 22China Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
  • TABLE 23China Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
  • TABLE 24China Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
  • TABLE 25Japan Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
  • TABLE 26Japan Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
  • TABLE 27Japan Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
  • TABLE 28Japan Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
  • TABLE 29Japan Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
  • TABLE 30Japan Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
  • TABLE 31India Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
  • TABLE 32India Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
  • TABLE 33India Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
  • TABLE 34India Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
  • TABLE 35India Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
  • TABLE 36India Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
  • TABLE 37South Korea Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
  • TABLE 38South Korea Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
  • TABLE 39South Korea Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
  • TABLE 40South Korea Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
  • TABLE 41South Korea Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
  • TABLE 42South Korea Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
  • TABLE 43Taiwan Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
  • TABLE 44Taiwan Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
  • TABLE 45Taiwan Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
  • TABLE 46Taiwan Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
  • TABLE 47Taiwan Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
  • TABLE 48Taiwan Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
  • TABLE 49Malaysia Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
  • TABLE 50Malaysia Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
  • TABLE 51Malaysia Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
  • TABLE 52Malaysia Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
  • TABLE 53Malaysia Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
  • TABLE 54Malaysia Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
  • TABLE 55Rest of Asia Pacific Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
  • TABLE 56Rest of Asia Pacific Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
  • TABLE 57Rest of Asia Pacific Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
  • TABLE 58Rest of Asia Pacific Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
  • TABLE 59Rest of Asia Pacific Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
  • TABLE 60Rest of Asia Pacific Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
  • TABLE 61key information - HELLA GmbH & Co. KGaA
  • TABLE 62key information - Mercedes-Benz Group AG
  • TABLE 63Key Information - HARMAN International industries, Inc.
  • TABLE 64key Information - Honda Motor Co. Ltd.
  • TABLE 65Key Information - Maruti Suzuki India Limited
  • TABLE 66Key Information - Continental AG
  • TABLE 67Key Information - STMicroelectronics N.V.
  • TABLE 68Key Information - brigade electronics group plc
  • TABLE 69Key Information - Kendrion N.V.
  • TABLE 70Key Information - soundracer AB
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