Acoustic Vehicle Alerting Systems Market Latest Advancements and Business Opportunities 2029
According to TechSci Research report, “ Acoustic Vehicle Alerting Systems Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029” " the Global Acoustic Vehicle Alerting Systems Market stood at USD 8.31 Billion in 2023 and is anticipated to grow with a CAGR of 6.84% in the forecast period, 2025-2029. The Global Acoustic Vehicle Alerting Systems (AVAS) Market is experiencing significant growth, driven by the accelerating shift towards electric mobility and the need for enhanced pedestrian safety. Stringent regulations mandating the installation of AVAS in electric and hybrid vehicles across various regions act as a primary catalyst for market expansion. This technology addresses the safety concern posed by silent electric vehicles, emitting artificial sounds to alert pedestrians and cyclists about their presence. In terms of technology trends, the market witnesses innovations such as customizable sound profiles, ...