Global Electric Vehicle Sound Generators Market by Type (High Speeds, Low Speeds), By Application (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Electric Vehicle Sound Generators Market size is projected to grow at a CAGR of 24.0% from 2021 to 2028 and is expected to reach $1,859 million by 2028. The increase in the number of electric vehicles coupled with the use of advanced technologies such as HVAC systems are some factors that will drive the growth of this market during the forecast period (2018-2028).

Electric vehicle sound generators are devices that produce noise from the electric powertrain of an EV. The purpose is to improve surrounding road safety and reduce unnecessary noise pollution on public roads, as well as provide an audible warning for pedestrians who may need additional time before crossing a street in front of the car.
The main objective behind this technology is to generate sounds at speeds below 20 mph (32 km/hour) that can be heard by people but not above it so that they do not disturb other drivers while driving on highways or busy streets where speed limits exceed 20 mph. These noises also act like a signal alerting blind pedestrians about the presence of nearby vehicles when they cross streets or intersections with no traffic lights or stop signs present.

On the basis of Type, the market is segmented into High Speeds and Low Speeds. The market for high speeds is dominated by China, where the regulation mandates that all vehicles above a certain weight have to be equipped with this technology. North America has shown great inclination towards low-speeds in order to avoid sound pollution on streets or highways; however, there is no concrete regulatory mandate imposed yet.

High-Speed Sound Generator:

High-speed EV sound generators operate at a frequency range between 3000 Hz to 12000Hz. High-speed is being used predominantly for passenger cars owing to their stringent regulations on acoustic emission levels and the best-suited design of high speeds for higher vehicle speeds as well as low frequencies which are inaudible to humans but still create audible sounds that help vehicles comply with regulatory standards.

Low-Speed Sound Generator:

Low-speed EV sound generators operate at a frequency range between 2000 Hz to 3000Hz and an average noise level of around 80dB. Low-speed is being used predominantly for LCV’s, HCVs, and other commercial vehicles such as refuse trucks, etc.

On the basis of Application, it can be segmented as Passenger Cars (PC), Light Commercial Vehicles (LCV), and Heavy commercial vehicles (HCV). In terms of application, the Passenger Cars segment is the largest contributor to the global electric vehicle sound generators market. This application type will be driven by increasing government regulations, increase in adoption for hybrid & electric vehicles, improving aftermarket products available along with high demand for various features such as noise reduction and energy efficiency.

LCV segment accounted for a major share of 25.12% among all types of applications mainly due to low-speed grade requirement coupled with increased production capacity worldwide which would also result in a higher growth rate over the forecast period owing to rapid urbanization across developing economies including China & India that are witnessing a significant rise in population leading towards congestion on roads and lack of parking space thereby requiring a cost-effective and efficient transportation system.

On the basis of Region, the market is segmented into North America, Latin America, Europe, and the Asia Pacific. The market in the APAC region is anticipated to register a robust CAGR during 2021-2028 owing to increasing demand for the LCV segment among various end-users across the emerging economies including China & India as well as Japan. The North American market is projected to register the highest CAGR during 2021-2028 owing to increasing demand for the HV segment among various end-users across the US and Canada.

Key Takeaways From The Market: this market would result in a higher growth rate over the forecast period owing to rapid urbanization across developing economies including China & India that are witnessing a significant rise in population leading towards congestion on roads and lack of parking space thereby requiring a cost-effective and efficient transportation system. On the basis of Region, it can be concluded that APAC is expected to be the fastest-growing region due to high rates of LCVs sales in countries such as Japan, South Korea, Australia, etc. North America will continue being the dominant market with the largest share till 2028 due to heavy-duty vehicle (HCV) sales in the US.

Key Constraints for Electric Vehicle Sound Generator Market:

Owing to strict regulatory norms, there are various factors that might limit the growth of the global electric vehicle sound generators market such as a lack of awareness among end-users and different governments' regulations for emission levels. However, these limitations will be overcome with time due to increasing demand from consumers across the world leading towards higher adoption rates which may result in a surge in demand for electronic vehicle sound generators over the forecast period (from 2021-2028).

Up Market Research published a new report titled “Electric Vehicle Sound Generators Market research report which is segmented by Types (High Speeds, Low Speeds), By Applications (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), Others), By Players/Companies Delphi Technologies, Denso, Continental, Denso, HARMAN International, Nissan Motor, Tesla, Daimler, Volkswagen, KUFATEC, Kendrion, Sound Racer, BMW, Honda Motor, Mando-Hella Electronics”. 

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Electric Vehicle Sound Generators Market Report Segments:

The market is segmented by Type High Speeds, Low Speeds and By Application Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), Others.

Some of the companies that are profiled in this report are:

1. Delphi Technologies
2. Denso
3. Continental
4. Denso
5. HARMAN International
6. Nissan Motor
7. Tesla
8. Daimler
9. Volkswagen
10. KUFATEC
11. Kendrion
12. Sound Racer
13. BMW
14. Honda Motor
15. Mando-Hella Electronics

Electric Vehicle Sound Generators Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Electric Vehicle Sound Generators Market

Overview of the regional outlook of the Electric Vehicle Sound Generators Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Electric Vehicle Sound Generators Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Electric Vehicle Sound Generators Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. High Speeds

                2. Low Speeds

                1. Passenger Cars

                2. Light Commercial Vehicles (LCV)

                3. Heavy Commercial Vehicles (HCV)

                4. Others

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electric Vehicle Sound Generators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Electric Vehicle Sound Generators Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.