Global Electric Vehicle Sound Generator Market Size To Exceed USD 6.12 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Electric Vehicle Sound Generator Market Size is Expected to Grow from USD 1.45 Billion in 2023 to USD 6.12 Billion by 2033, Growing at a CAGR of 15.49% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Electric Vehicle Sound Generator Market Size, Share, and COVID-19 Impact Analysis, By Technology (Active Sound Generators, Passive Sound Generators, Hybrid Sound Generators), By Application (Urban Driving, Pedestrian Safety, Emergency Vehicle Alerts, Off-Road Driving), By Frequency (Regular Use, Intermittent Use, Specific Scenarios), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
The international electric vehicle sound generator market refers to the business that assists the automotive industry with manufacturing, distributing, and designing of sound-generating systems for electric vehicles (EVs). These systems are designed to produce artificial sounds to enhance safety, as EVs are much quieter than traditional internal combustion engine vehicles. The market growth is driven by increasing acceptance of the EVs as an alternative mode of transportation, string government support, and technological integration in automotive sector. Further, strong focus on compliance of strict regulatory standards about environment, and growing emphasis on pedestrian safety by regularity authorities. However, the distribution of low-quality products and consumer perception about EVs might limit the market growth pace.
The active sound generators segment dominated the global electric vehicle sound generator market in 2023 and is predicted to grow at a notable CAGR over the forecast period.
On the basis of the technology, the global electric vehicle sound generator market is divided into active sound generators, passive sound generators, hybrid sound generators. Among these, the active sound generators segment dominated the global electric vehicle sound generator market in 2023 and is predicted to grow at a notable CAGR over the forecast period. This segment growth is driven by their ability to create customizable audio patterns that boost automobile presence and enhance safety.
The pedestrian safety segment held a significant share of the global electric vehicle sound generator market in 2023 and is predicted to grow at a rapid pace over the forecast period.
On the basis of the application, the global electric vehicle sound generator market is divided into urban driving, pedestrian safety, emergency vehicle alerts, and off-road driving. Among these, the pedestrian safety segment held a significant share of the global electric vehicle sound generator market in 2023 and is predicted to grow at a rapid pace over the forecast period. This segment growth is driven because these devices signalize for preventing accidents.
The intermittent use segment held the largest share of the global electric vehicle sound generator market in 2023 and is projected to grow at a significant CAGR over the forecast period.
On the basis of the frequency, the global electric vehicle sound generator market is divided into regular use, intermittent use, and specific scenarios. Among these, the intermittent use segment held the largest share of the global electric vehicle sound generator market in 2023 and is projected to grow at a significant CAGR over the forecast period. This is due to perform crucial role in different driving circumstance.
Asia Pacific is expected to hold the highest share of the global electric vehicle sound generator market over the forecast period.
Asia Pacific is anticipated to hold the highest share of the global electric vehicle sound generator market over the forecast period. The regional market growth is influenced by growing automotive industry with rising acceptance of the EVs and hybrid as an alternative transportation options. Moreover, government support for such projects boosts the market growth.
Europe is anticipated to grow at the fastest CAGR of the global electric vehicle sound generator market over the forecast period. The regional market growth is accelerated because of rising prevalence of EV adoption, major focus on environmental incentives, and strong restriction of noise regulation.
Company Profiling
Major vendors in the global electric vehicle sound generator market are Continental AG, Denso Corporation, Harman International, BorgWarner Inc., Tesla, Volkswagen AG, KUFATEC GmbH, Mando Hella Electronics Corp, Sound Racer, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development:
- In September 2024, The Skoda Elroq, a compact electric SUV, featured a unique E-noise sound system designed to enhance pedestrian safety. This system emitted specific sounds to alert people nearby, compensating for the quiet nature of electric vehicles. The Elroq offered two distinct sound profiles: "Futuristic," which was used in regular driving modes, and "Sport," which provided a more dynamic and energetic tone.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global electric vehicle sound generator market based on the below-mentioned segments:
Global Electric Vehicle Sound Generator Market, By Technology
- Active Sound Generators
- Passive Sound Generators
- Hybrid Sound Generators
Global Electric Vehicle Sound Generator Market, By Application
- Urban Driving
- Pedestrian Safety
- Emergency Vehicle Alerts
- Off-Road Driving
Global Electric Vehicle Sound Generator Market, By Frequency
- Regular Use
- Intermittent Use
- Specific Scenarios
Global Electric vehicle sound generator Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa