Acoustic Vehicle Alerting System (AVAS) Market Report by 2031
The Acoustic Vehicle Alerting System (AVAS) Market is expected to register a CAGR of 26.3% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Propulsion (Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV), Hybrid Electric Vehicle (HEV)); Vehicle Type (Passenger Vehicle, Commercial Vehicle); Mounting Position (Separated, Integrated). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Acoustic Vehicle Alerting System (AVAS) Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Acoustic Vehicle Alerting System (AVAS) Market Segmentation
Propulsion- Battery Electric Vehicle
- Plug-In Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle
- Hybrid Electric Vehicle
- Passenger Vehicle
- Commercial Vehicle
- Separated
- Integrated
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Acoustic Vehicle Alerting System (AVAS) Market Growth Drivers- Regulatory Mandates towards the Adoption of AVAS: The regulations enforced globally on all electric and hybrid vehicles have mandated that they must be available fitted with Acoustic Vehicle Alerting Systems. This will protect the pedestrians as people will be better able to hear quiet-running cars through such auditory signals, hence increasing demand in the automotive market for AVAS solutions.
- Growing Electric Vehicle Adoption: Electrification of vehicles is turning into an even stronger driver for AVAS as electric vehicles (EVs) are increasingly adopted among the population. As more customers buy electric vehicles due to its environmentally friendly attributes, a higher demand for suitable alerting solutions to offset the diminished noises coming from EVs would also propel market growth further.
- Focus on Pedestrian Safety in Urban Areas: Awareness regarding pedestrian safety has increased primarily on the road in the urban region. With congestions on cities on an increase and electric as well as hybrid vehicle usage on the rise, so is the need for upgrading safety measures in such vehicles along with other users of roads. Demand for the same grows further within the AVAS market.
- Personalization of Sound Profiles in AVAS: Another trend is personalization of sound profiles in AVAS. Manufacturers are looking for alternatives that will allow the personalization of sound for each vehicle owner to his liking while ensuring safety standards. This helps the users experience better and offers the edge in a competitive marketplace.
- Focus on Multi-Modal Alert Systems: The development of multi-modal alerting mechanisms that brings together the best of what AVAS can do while being supplemented with visual signal for various segments of road users. Its usefulness goes from aiding those customers which are not aware of benefiting a large diversity of participants in the whole transportation ecosystem.
- Technological Advancements in Sound Generation Technologies: New technologies in sound generation provide more opportunities for innovation in the AVAS market. Companies can go into new sound designs and customization which will enhance the effectiveness of alerts while providing a pleasant listening experience to both vehicle occupants and pedestrians.
- Integration of AVAS Technologies with Smart City Initiatives: When cities become smart urban environments, this is the opportunity for AVAS technologies to be integrated into the infrastructure of a smart city. Co-operations with city planners and transportation agencies can raise systems that alert pedestrians while also interacting with traffic management systems to enhance mobility within the city.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Acoustic Vehicle Alerting System (AVAS) Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Acoustic Vehicle Alerting System (AVAS) Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players operating in the Acoustic Vehicle Alerting System (AVAS) Market include Brigade Electronics Group Plc, Daimler AG, HARMAN International, HELLA GmbH and Co. KGaA, JAGUAR LAND ROVER LIMITED, Kendrion, Mentor Graphics (Siemens), Novosim, SoundRacer AB, Texas Instruments Incorporated
The Acoustic Vehicle Alerting System (AVAS) Market is estimated to witness a CAGR of 26.3% from 2023 to 2031
Shift Towards Enhanced Safety Features is the key future trend of the Acoustic Vehicle Alerting System (AVAS) Market
The major factors driving the Acoustic Vehicle Alerting System (AVAS) Market are:Technological Advancements#Increasing Consumer Demand for Connectivity
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Acoustic Vehicle Alerting System (AVAS) Market - By Propulsion
1.3.2 Acoustic Vehicle Alerting System (AVAS) Market - By Vehicle Type
1.3.3 Acoustic Vehicle Alerting System (AVAS) Market - By Mounting Position
1.3.4 Acoustic Vehicle Alerting System (AVAS) Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) MARKET - GLOBAL MARKET ANALYSIS
6.1. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) - GLOBAL MARKET OVERVIEW
6.2. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) MARKET - REVENUE AND FORECASTS TO 2027 - PROPULSION
7.1. OVERVIEW
7.2. PROPULSION MARKET FORECASTS AND ANALYSIS
7.3. BATTERY ELECTRIC VEHICLE (BEV)
7.3.1. Overview
7.3.2. Battery Electric Vehicle (BEV) Market Forecast and Analysis
7.4. PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)
7.4.1. Overview
7.4.2. Plug-In Hybrid Electric Vehicle (PHEV) Market Forecast and Analysis
7.5. FUEL CELL ELECTRIC VEHICLE (FCEV)
7.5.1. Overview
7.5.2. Fuel Cell Electric Vehicle (FCEV) Market Forecast and Analysis
7.6. HYBRID ELECTRIC VEHICLE (HEV)
7.6.1. Overview
7.6.2. Hybrid Electric Vehicle (HEV) Market Forecast and Analysis
8. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) MARKET - REVENUE AND FORECASTS TO 2027 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER VEHICLE
8.3.1. Overview
8.3.2. Passenger Vehicle Market Forecast and Analysis
8.4. COMMERCIAL VEHICLE
8.4.1. Overview
8.4.2. Commercial Vehicle Market Forecast and Analysis
9. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) MARKET - REVENUE AND FORECASTS TO 2027 - MOUNTING POSITION
9.1. OVERVIEW
9.2. MOUNTING POSITION MARKET FORECASTS AND ANALYSIS
9.3. SEPARATED
9.3.1. Overview
9.3.2. Separated Market Forecast and Analysis
9.4. INTEGRATED
9.4.1. Overview
9.4.2. Integrated Market Forecast and Analysis
10. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Acoustic Vehicle Alerting System (AVAS) Market Overview
10.1.2 North America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis
10.1.3 North America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Propulsion
10.1.4 North America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Vehicle Type
10.1.5 North America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Mounting Position
10.1.6 North America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Countries
10.1.6.1 United States Acoustic Vehicle Alerting System (AVAS) Market
10.1.6.1.1 United States Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.1.6.1.2 United States Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.1.6.1.3 United States Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.1.6.2 Canada Acoustic Vehicle Alerting System (AVAS) Market
10.1.6.2.1 Canada Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.1.6.2.2 Canada Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.1.6.2.3 Canada Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.1.6.3 Mexico Acoustic Vehicle Alerting System (AVAS) Market
10.1.6.3.1 Mexico Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.1.6.3.2 Mexico Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.1.6.3.3 Mexico Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.2. EUROPE
10.2.1 Europe Acoustic Vehicle Alerting System (AVAS) Market Overview
10.2.2 Europe Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis
10.2.3 Europe Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Propulsion
10.2.4 Europe Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Vehicle Type
10.2.5 Europe Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Mounting Position
10.2.6 Europe Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Acoustic Vehicle Alerting System (AVAS) Market
10.2.6.1.1 Germany Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.2.6.1.2 Germany Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.2.6.1.3 Germany Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.2.6.2 France Acoustic Vehicle Alerting System (AVAS) Market
10.2.6.2.1 France Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.2.6.2.2 France Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.2.6.2.3 France Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.2.6.3 Italy Acoustic Vehicle Alerting System (AVAS) Market
10.2.6.3.1 Italy Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.2.6.3.2 Italy Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.2.6.3.3 Italy Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.2.6.4 United Kingdom Acoustic Vehicle Alerting System (AVAS) Market
10.2.6.4.1 United Kingdom Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.2.6.4.2 United Kingdom Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.2.6.4.3 United Kingdom Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.2.6.5 Russia Acoustic Vehicle Alerting System (AVAS) Market
10.2.6.5.1 Russia Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.2.6.5.2 Russia Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.2.6.5.3 Russia Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.2.6.6 Rest of Europe Acoustic Vehicle Alerting System (AVAS) Market
10.2.6.6.1 Rest of Europe Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.2.6.6.2 Rest of Europe Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.2.6.6.3 Rest of Europe Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market Overview
10.3.2 Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis
10.3.3 Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Propulsion
10.3.4 Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Vehicle Type
10.3.5 Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Mounting Position
10.3.6 Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Acoustic Vehicle Alerting System (AVAS) Market
10.3.6.1.1 Australia Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.3.6.1.2 Australia Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.3.6.1.3 Australia Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.3.6.2 China Acoustic Vehicle Alerting System (AVAS) Market
10.3.6.2.1 China Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.3.6.2.2 China Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.3.6.2.3 China Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.3.6.3 India Acoustic Vehicle Alerting System (AVAS) Market
10.3.6.3.1 India Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.3.6.3.2 India Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.3.6.3.3 India Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.3.6.4 Japan Acoustic Vehicle Alerting System (AVAS) Market
10.3.6.4.1 Japan Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.3.6.4.2 Japan Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.3.6.4.3 Japan Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.3.6.5 South Korea Acoustic Vehicle Alerting System (AVAS) Market
10.3.6.5.1 South Korea Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.3.6.5.2 South Korea Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.3.6.5.3 South Korea Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.3.6.6 Rest of Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market
10.3.6.6.1 Rest of Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.3.6.6.2 Rest of Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.3.6.6.3 Rest of Asia-Pacific Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market Overview
10.4.2 Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis
10.4.3 Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Propulsion
10.4.4 Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Vehicle Type
10.4.5 Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Mounting Position
10.4.6 Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Acoustic Vehicle Alerting System (AVAS) Market
10.4.6.1.1 South Africa Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.4.6.1.2 South Africa Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.4.6.1.3 South Africa Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.4.6.2 Saudi Arabia Acoustic Vehicle Alerting System (AVAS) Market
10.4.6.2.1 Saudi Arabia Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.4.6.2.2 Saudi Arabia Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.4.6.2.3 Saudi Arabia Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.4.6.3 U.A.E Acoustic Vehicle Alerting System (AVAS) Market
10.4.6.3.1 U.A.E Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.4.6.3.2 U.A.E Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.4.6.3.3 U.A.E Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.4.6.4 Rest of Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market
10.4.6.4.1 Rest of Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.4.6.4.2 Rest of Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.4.6.4.3 Rest of Middle East and Africa Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Acoustic Vehicle Alerting System (AVAS) Market Overview
10.5.2 South and Central America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis
10.5.3 South and Central America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Propulsion
10.5.4 South and Central America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Vehicle Type
10.5.5 South and Central America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Mounting Position
10.5.6 South and Central America Acoustic Vehicle Alerting System (AVAS) Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Acoustic Vehicle Alerting System (AVAS) Market
10.5.6.1.1 Brazil Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.5.6.1.2 Brazil Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.5.6.1.3 Brazil Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.5.6.2 Argentina Acoustic Vehicle Alerting System (AVAS) Market
10.5.6.2.1 Argentina Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.5.6.2.2 Argentina Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.5.6.2.3 Argentina Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
10.5.6.3 Rest of South and Central America Acoustic Vehicle Alerting System (AVAS) Market
10.5.6.3.1 Rest of South and Central America Acoustic Vehicle Alerting System (AVAS) Market by Propulsion
10.5.6.3.2 Rest of South and Central America Acoustic Vehicle Alerting System (AVAS) Market by Vehicle Type
10.5.6.3.3 Rest of South and Central America Acoustic Vehicle Alerting System (AVAS) Market by Mounting Position
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) MARKET, KEY COMPANY PROFILES
12.1. BRIGADE ELECTRONICS GROUP PLC
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. DAIMLER AG
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. HARMAN INTERNATIONAL
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HELLA GMBH AND CO. KGAA
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. JAGUAR LAND ROVER LIMITED
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. KENDRION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MENTOR GRAPHICS (SIEMENS)
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. NOVOSIM
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SOUNDRACER AB
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. TEXAS INSTRUMENTS INCORPORATED
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Brigade Electronics Group Plc
2. Daimler AG
3. HARMAN International
4. HELLA GmbH and Co. KGaA
5. JAGUAR LAND ROVER LIMITED
6. Kendrion
7. Mentor Graphics (Siemens)
8. Novosim
9. SoundRacer AB
10. Texas Instruments Incorporated
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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