Global Acoustic Vehicle Alerting Systems Market - Market Size & Forecast To 2032
The global Acoustic Vehicle Alerting Systems Market is estimated to be worth of USD 1.14 Billion in 2032 and is growing at a CAGR of 9.23% during the forecast period from 2023 to 2032. The acoustic vehicle alerting system market refers to the market for products and services related to warning systems used on vehicles to alert pedestrians and other road users of the vehicle's presence. The market is growing due to increasing demand for safety features in vehicles and government regulations mandating the use of such systems in electric and hybrid vehicles.
Acoustic Vehicle Alerting System (AVAS) is a technology designed to reduce the risk of pedestrian accidents by creating an audible warning sound for electric vehicles. The main aim is to alert pedestrians, especially visually impaired individuals, of the presence of an electric vehicle that might not emit the traditional engine noise. AVAS is mandated by legislation in several countries, and it is an important step in making electric vehicles safer for pedestrians and reducing the risk of accidents. AVAS typically generates an artificial noise that is similar to the sound of an internal combustion engine. The sound is generated by a speaker in the vehicle and can be adjusted based on the speed of the vehicle. AVAS is activated at low speeds when the vehicle is in reverse or moving forward below a certain threshold, such as 19 km/h.
AVAS is beneficial not only to visually impaired individuals but also to other pedestrians who may not have heard the vehicle approach, especially in urban environments with high levels of background noise. The use of AVAS technology can also increase the visibility of electric vehicles and improve road safety for all road users. However, the design of AVAS systems is not yet standardized, which can result in a range of different sounds being generated by different electric vehicles. This can make it difficult for pedestrians to identify the source of the sound, especially in crowded environments where multiple vehicles are present. To address this, the International Organization for Standardization (ISO) is developing global standards for AVAS, to ensure consistent and recognizable sounds across all electric vehicles.
In conclusion, AVAS technology has the potential to improve road safety for all road users, but it is essential that the technology is standardized to ensure consistency and recognition of the sounds generated by electric vehicles. With the increasing popularity of electric vehicles, the implementation of AVAS technology is becoming increasingly important to ensure the safety of pedestrians and other road users.
The COVID-19 pandemic has had a significant impact on the acoustic vehicle alerting system market. With global lockdowns and reduced vehicle production, demand for the systems has decreased. However, the pandemic had also highlighted the need for improved vehicle safety measures, driving growth in the market in the long term.
Some of the leading players in the Acoustic Vehicle Alerting Systems market include Continental AG, Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, and AAMP Global.
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