Global Electric Vehicle Warning Sound System Market 2024-2030

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    ELECTRIC VEHICLE WARNING SOUND SYSTEM MARKET

     

    INTRODUCTION

    Even at modest speeds, traditional combustion engine cars generate engine noise. When a vehicle is out of sight, pedestrians and other traffic participants often know it by sight and aural recognition of tyre noises and other produced noise. Electric vehicles (EVs) do not produce engine noise.

     

    infographic: Electric Vehicle Warning Sound System Market, Electric Vehicle Warning Sound System Market Size, Electric Vehicle Warning Sound System Market Trends, Electric Vehicle Warning Sound System Market Forecast, Electric Vehicle Warning Sound System Market Risks, Electric Vehicle Warning Sound System Market Report, Electric Vehicle Warning Sound System Market Share

     

    When driving at low speeds and before the traditional internal combustion engine (ICE) kicks in, hybrid electric vehicles (HEVs) or plug-in hybrid electric vehicles (PHEVs) move virtually silently. When travelling at less than 19 mph, these cars are difficult to hear. At higher speeds, tyre noise becomes more prominent. An electric vehicle warning sound system (EVWSS) generates a sequence of noises that notify pedestrians to the presence of EVs, HEVs, and PHEVs.

     

    The driver can activate warning noises (similar to a car horn, but less urgent); nevertheless, the sounds must be engaged automatically at low speeds. These noises range from synthetic tones to genuine sounds that resemble engine noise and tyre noise.

     

    Some government officials found warning sound devices required since all-electric cars create less noise than typical combustion engine vehicles, making it more difficult for pedestrians and cyclists (particularly the blind or short-sighted) to be aware of their presence.

     

    ELECTRIC VEHICLE WARNING SOUND SYSTEM MARKET DEVELOPMENTS AND INNOVATIONS

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 UK adoption of AVWS into the manufacturing compliance All new electric cars, hybrids, and plug-in hybrids (PHEVs) must now be fitted with an Acoustic Vehicle Alerting System (AVAS), which will activate at 12mph and below, emitting warning sounds to alert pedestrians and other road users of the vehicles’ presence. UK This would enhance better EV Technologies and production
    2 EVs to get new extension deadline for Vehicle Warning System integration requirements. Automakers will get at least six more months to meet new federal requirements for noise-making devices on electric cars and hybrids. USA This would help in better presence and social responsibility on increased levels of requirements

     

     

    ELECTRIC VEHICLE WARNING SOUND SYSTEM MARKET DYNAMICS

    Clean transportation has a critical role in the fight against climate change, because fossil-fuel-powered motor vehicles, trains, and planes account for approximately one-quarter of the world’s energy consumption – and about the same proportion of global carbon dioxide emissions. These emissions are harmful to both the environment and human health.

     

    Varied levels of Automakers have developed electric warning sound devices, and since December 2011, advanced technology cars with manually activated electric warning sounds have been available on the market, including the Nissan Leaf, Chevrolet Volt, Honda FCX Clarity, Nissan Fuga Hybrid/Infiniti M35, Hyundai Sonata Hybrid, and Toyota Prius.

     

    Considering the sales of full electric vehicles and hybrid electric vehicles have increased in several countries, some members of the blind community have expressed concerns about noise reduction when those vehicles operate in all-electric mode, as blind people or the visually impaired consider the noise of combustion engines to be a helpful aid while crossing streets and believe quiet hybrids could pose an unequalling risk.

     

    Global regulatory authorities are considering laws to create a minimum level of sound for PHEVs and HEVs when running in electric mode, so that visually impaired persons, walkers, and cyclists may hear these cars coming and identify from which direction they are approaching.

     

    The European Commission published a recommendation for acoustic vehicle warning systems in 2011. (AVAS). The objective is to make suggestions to vehicle manufacturers for a system that will deliver an auditory signal to walkers and vulnerable road users.

     

    infographic: Electric Vehicle Warning Sound System Market, Electric Vehicle Warning Sound System Market Size, Electric Vehicle Warning Sound System Market Trends, Electric Vehicle Warning Sound System Market Forecast, Electric Vehicle Warning Sound System Market Risks, Electric Vehicle Warning Sound System Market Report, Electric Vehicle Warning Sound System Market Share

     

    ELECTRIC VEHICLE WARNING SOUND SYSTEM MARKET SEGMENTATION

     

    The Global Electric Vehicle Warning Sound System Market can be segmented into following categories for further analysis.

     

    Electric Vehicle Warning Sound System Market By Battery Type

    • Lithium Nickel Manganese Cobalt (LI-NMC)
    • Lithium Iron Phosphate (LFP)
    • Lithium Cobalt Oxide (LCO)
    • Lithium Titanate Oxide (LTO)
    • Lithium Manganese Oxide (LMO)
    • Lithium Nickel Cobalt Aluminium Oxide (NCA)

     

    Electric Vehicle Warning Sound System Market By Power Capacity Type

    • Less than 200 Kilowatts
    • Between 200 Kilowatts to 400 Kilowatts
    • More than 400 Kilowatts

     

    Electric Vehicle Warning Sound System Market By Usage Presence Type

    • Active Warning Sound Systems
    • Passive Warning Sound Systems

     

    Electric Vehicle Warning Sound System Market By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region
    • Sweden

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN ELECTRIC VEHICLE WARNING SOUND SYSTEM MARKET

    An environmentally adaptable warning sound system is conceptualized and researched to meet the demand for both minimizing noise pollution and ensuring that the warning sound is suitably heard in any noisy situation. The system incorporates an adaptation algorithm that calculates auditory masking thresholds as a result of a possibly changing acoustic environment and then uses this knowledge to adjust.

     

    The purpose of an AVAS system for electric cars is to notify pedestrians, cyclists, and/or nearby residents who use personal mobility vehicles, particularly blind or visually impaired people who require a sound stimulus to detect and understand a vehicle is nearby. AVAS sound designers have freedom to design their sound signatures. To give flexibility to vehicle manufacturers, legislators have given several options to choose the test site, and the operational conditions of the test.

     

    The Most recent technology being integrated into the market of sound systems is the frequency shift test for the UN ECE R138 standard designed to determine the pitch rise of a tone at various speeds. This allows pedestrians to determine whether or not a hybrid or electric car is accelerating, and if so, how quickly. Pitch must rise by greater than 0.8 percent for every 1 km/h increase in speed.

     

    Active Sound Design allows automobile manufacturers to add sound to the vehicle’s interior and outside. Interior active sound systems actively add sounds based on the vehicle’s operating state to enhance or reduce desired/unwanted sound. This might be to compensate for a cylinder deactivation or to add engine orders when the electric motor is the only thing functioning.

     

    COMPETITIVE LANDSCAPE IN ELECTRIC VEHICLE WARNING SOUND SYSTEM MARKET

    Electric cars are quieter at low speeds than internal combustion engine equivalents, prompting rules requiring the deployment of artificial warning noises to identify them as a safety safeguard for other road users. Arguments against the notion have been raised, concentrating on the ensuing environmental noise pollution, while several practical implementations have been proposed.

     

    Analog Devices have been planning a possible integration into the electric vehicles through the high processor-based warning systems. The ADSP-BF706 Blackfin+ processor is a single-chip solution for audio processing and control area network (CAN) bus interface. Analog Devices created a CAN software stack that runs on the ADSP-BF706, allowing customers to quickly create automotive-grade demos.

     

    Alongside these integrations, The Brigade has developed new innovations into action for better alertness perspective of operations. Brigade has created a multi-frequency Quiet Vehicle Sounder that incorporates proprietary bbs-tek® technology. White Sound® frequencies are used extensively by bbs-tek®. Anyone in the vehicle’s direct path may quickly determine where and from where the sound is emanating and take evasive action if necessary. There is no other option.

     

    The Auto Safety subsidiary company of Volvo, Polestar has made its entrance into the EV Warning Sound Systems through the latest integration of the Acoustic Vehicle Alert Systems for EVs. The Polestar 2 will deploy two different sound files that were “engineered according to very specific parameters with a pending patent.” The quieter one is like a hush, and the more urgent one sounds like a beating heart.

     

    ELECTRIC VEHICLE WARNING SOUND SYSTEM MARKET GEOGRAPHY OVERVIEW

     

    North America 

    The North American market, particularly the USA, will be one of the prime markets for    Electric Vehicle Warning Sound System Market    due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive. 

     

    Europe 

    The European market, particularly Western Europe, is another prime market for Electric Vehicle Warning Sound System Market    due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for    Electric Vehicle Warning Sound System Market    are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period. 

      

    Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe. 

      

    There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of    Electric Vehicle Warning Sound System Market    in the region. 

     

    Asia 

    Asia will continue to be the global manufacturing hub for   Electric Vehicle Warning Sound System Market    over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.    

     

    There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon. 

     

    Africa 

    Africa is expected to see the largest growth in   Electric Vehicle Warning Sound System Market  over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape. 

     

    RoW 

    Latin America and the Oceania region will showcase growth over the forecast period in   Electric Vehicle Warning Sound System Market    aIn Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region. 

     

    ELECTRIC VEHICLE WARNING SOUND SYSTEM MARKET MARGIN COMPARISON

     

    Margin Comparison (Highest to lowest)  Region  Remarks 
    Europe  The supply chain demands and the purchasing power in the region enable suppliers to extradite a larger margin from this region than other regions. This is for both locally manufactured as well as imported goods and services in the region. 
    North America  Due to the high spending power in this region, the margins are higher compared to the rest of the world, but they are lower than Europe as there is higher competition in this region. All the suppliers of goods and services target USA as a main market thereby decreasing their margins compared to Europe 
    Asia  Lower purchasing power, coupled with higher accessibility of services in this regions doesn’t enable suppliers to charge a high margin making it lower than Europe and North America. The quality of goods and services are also affected due to this aspect in the region 
    Africa and ROW  The margins are the lowest in this region, except for Australia and New Zealand as the countries in this region don’t have much spending power and a large portion of the products and services from this area is exported to other parts of the world 

     

     

    INNOVATION INVESTMENTS BY REGION

     

    USA – $210 billion is allocated to federal R&D with main focus on health research, clean energy, semiconductor manufacturing, sustainable textiles, clean energy, and advanced manufacturing. Investments by private players are mainly focused on technological development including 5G infrastructure and AI in the region. 

     

    Europe – EIC is investing €1 billion to innovative companies in sectors like AI, biotechnology, and semiconductors. There is also a focus on developing the ecosystem in the continent as well as improving the infrastructure for developing industries such as electric vehicles and sustainable materials. Private players are targeting data centers, AI, battery plants, and high end technological R&D investments. 

     

    Asia – There are investments to tackle a range of scientific and technological advancements in this region mainly coming in from China, India, South Korea, and Japan. This will include artificial intelligence, 5G, cloud computing, pharmaceutical, local manufacturing, and financial technologies. Many countries are aiming to be digital hubs including Saudi Arabia. 

     

    Africa – Investments in the region are focused on improving the technological capabilities in the region along with socio-economic development and growth. Private participants of investments in this region is venture capital dominated who are targeting the various growth elements of the region as social stability improves. The major industries are fintech, easier lending, and manufacturing. 

     

    Latin America – The focus in the region is for fintech, e-commerce, and mobility sectors. There are also investments in improving manufacturing in the region. Local investments is focused on improving the healthcare, and transportation infrastructure in the region. The region is attracting foreign investments to improve their ability to utilize the natural resources present in the region. 

     

    Rest of the World – The investments in this region are focused on clean energy, green metals, and sustainable materials. Funds in Australia are focused on solar energy and battery technologies, along with high end futuristic areas such as quantum computing. The main countries of private investment in ROW will be Australia, Canada, and New Zealand. 

     

    ELECTRIC VEHICLE WARNING SOUND SYSTEM MARKET COMPANIES PROFILED

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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