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About Electric Vehicle Sound Generator System
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EV sound generator systems create artificial sound to alert pedestrians about the presence of EVs and hybrid vehicles.
The analysts forecast the global electric vehicle sound generator system market to grow at a CAGR of 41.98% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global electric vehicle sound generator system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
The report, Global Electric Vehicle Sound Generator System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Aptiv
- Ford Motor
- General Motors
- MANDO-HELLLA Electronics
- Nissan Motor
- Toyota Motor
Market drivers
- Rising sales of EVs
- For a full, detailed list, view the full report
Market challenges
- High cost associated with batteries in EVs
- For a full, detailed list, view the full report
Market trends
- Growing focus on improving EV charging infrastructure
- For a full, detailed list, view the full report
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGYPART 08: CUSTOMER LANDSCAPEPART 10: DECISION FRAMEWORK
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 09: REGIONAL LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits
Executive Summary
New Report Released: - Global Electric Vehicle Sound Generator System Market 2018-2022.The author of the report recognizes the following companies as the key players in the global electric vehicle sound generator system market: Aptiv, Ford Motor, General Motors, MANDO-HELLLA Electronics, Nissan Motor, and Toyota Motor.
Commenting on the report, an analyst from the research team said: “One trend in the market is growing focus on improving EV charging infrastructure. OEMs offer home-based charging solutions with the purchase of EVs. However, the availability of public fast-charging facilities remains a challenge. The adoption rate of EVs in a particular region is directly proportional to the number of changing solutions available on the road.”
According to the report, one driver in the market is rising sales of EVs. The sales of EVs started picking up since 2014. The most important factors contributing to the increase in their adoption are government initiatives to promote their use. The majority of the sales volume of EVs arises from APAC.
Further, the report states that one challenge in the market is high cost associated with batteries in EVs. The price of EV batteries will be a barrier to the wider adoption of EVs as they still constitute a significant part of the total EV cost. As of 2016, the projected pack cost of a battery was around $227/kWh.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Aptiv
- Ford Motor
- General Motors
- MANDO-HELLLA Electronics
- Nissan Motor
- Toyota Motor