AVAS Market – Global Forecast to 2030
The global AVAS market is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%.
世界の 車両接近通報装置 (AVAS) 市場は、2024 年の 12 億米ドルから 2030 年までに 17 億米ドルに、CAGR 6.4% で成長すると予測されています。
The growth of the AVAS market is driven by the increasing adoption of quieter electric and hybrid vehicles, necessitating enhanced pedestrian safety measures. Regulatory mandates, such as those from the European Union and the US, further boost demand. Additionally, advancements in acoustic technology and rising urbanization, along with growing awareness of road safety, contribute to the widespread adoption of AVAS.
The report provides insight on the following pointers:
• Analysis of key drivers (Favorable government policies for implementing acoustic vehicle alerting systems, Booming electric vehicle market, Growing emphasis on pedestrian safety, Growing adoption of electric 2-wheelers), restraints (Inconsistent speed range regulation), opportunities (Rapid growth of micro-mobility sector, Increasing demand for customized solutions), and challenges (Compliance with sound standardization mandates).
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the AVAS market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the AVAS market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the AVAS market.
• Competitive Assessment: In-depth assessment of market ranking, growth strategies, and service offerings of leading players like Continental AG (Germany), Hella GMBH & CO. KGAA (Germany), Kendrion N. V. (Netherlands), Harman International (US), and Denso Corporation (Japan) among others in AVAS market.