LAMEA Acoustic Vehicle Alert System Market Size, Share & Trends Analysis Report By Propulsion Type (Battery Electric Vehicle (BEV), and Plug -In Hybrid Electric Vehicle (PHEV)), By Vehicle Type, By Country and Growth Forecast, 2023

List of Tables

The Latin America, Middle East and Africa Acoustic Vehicle Alert System Market would witness market growth of 14.0% CAGR during the forecast period (2023-2030).

AI algorithms within AVAS continuously analyze myriad real-time conditions, each contributing to determining the appropriate acoustic signal. These conditions include the vehicle's speed, the ambient noise levels in the surrounding environment, the proximity of pedestrians, and the specific driving scenario. By synthesizing data from various sensors and inputs, AI enables AVAS to make instantaneous decisions on the most suitable auditory cues for the given context.

Furthermore, innovative sound projection technologies leveraging Augmented Reality (AR) are being explored to enhance AVAS capabilities. AR sound projection can create spatially accurate auditory cues, enabling vehicles to project alerts toward specific directions precisely. This innovation goes beyond traditional speaker-based systems, offering a more nuanced and directed approach to alerting pedestrians and other road users.

In 2020, Saudi Arabia constituted 35% of the vehicles sold in the MENA region and nearly 52% of the vehicles sold in the Gulf Cooperation Council (GCC). In 2019, 556 thousand vehicles were sold in Saudi Arabia; in 2020, 436 thousand vehicles were sold. The projected sales figure by 2025 is 543,000 units, of which electric vehicles (EVs) comprise 32,000. Hence, the rising self-driving vehicle adoption and growing automotive sector in LAMEA will assist in the expansion of the regional market.

The Brazil market dominated the LAMEA Acoustic Vehicle Alert System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $29.1 Million by 2030. The Argentina market is showcasing a CAGR of 15.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 13.3% during (2023 - 2030).

Based on Propulsion Type, the market is segmented into Battery Electric Vehicle (BEV), and Plug -In Hybrid Electric Vehicle (PHEV). Based on Vehicle Type, the market is segmented into Passenger Vehicle, Two-Wheelers, and Commercial Vehicle. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

Continental AG
STMicroelectronics N.V.
HELLA GmbH & Co. KGaA
Mercedes-Benz Group AG
Brigade Electronics Group PLC
Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
Honda Motor Co. Ltd.
Kendrion N.V.
Soundracer AB
Maruti Suzuki India Limited

LAMEA Acoustic Vehicle Alert System Market Report Segmentation

By Propulsion Type

Battery Electric Vehicle (BEV)
Plug -In Hybrid Electric Vehicle (PHEV)

By Vehicle Type

Passenger Vehicle
Two-Wheelers
Commercial Vehicle

By Country

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA Acoustic Vehicle Alert System Market, by Propulsion Type
- 1.4.2LAMEA Acoustic Vehicle Alert System Market, by Vehicle Type
- 1.4.3LAMEA Acoustic Vehicle Alert System Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.LAMEA Acoustic Vehicle Alert System Market by Propulsion Type

4.1LAMEA Battery Electric Vehicle (BEV) Market by Country
4.2LAMEA Plug -In Hybrid Electric Vehicle (PHEV) Market by Country

Chapter 5.LAMEA Acoustic Vehicle Alert System Market by Vehicle Type

5.1LAMEA Passenger Vehicle Market by Country
5.2LAMEA Two-Wheelers Market by Country
5.3LAMEA Commercial Vehicle Market by Country

Chapter 6.LAMEA Acoustic Vehicle Alert System Market by Country

6.1Brazil Acoustic Vehicle Alert System Market
- 6.1.1Brazil Acoustic Vehicle Alert System Market by Propulsion Type
- 6.1.2Brazil Acoustic Vehicle Alert System Market by Vehicle Type
6.2Argentina Acoustic Vehicle Alert System Market
- 6.2.1Argentina Acoustic Vehicle Alert System Market by Propulsion Type
- 6.2.2Argentina Acoustic Vehicle Alert System Market by Vehicle Type
6.3UAE Acoustic Vehicle Alert System Market
- 6.3.1UAE Acoustic Vehicle Alert System Market by Propulsion Type
- 6.3.2UAE Acoustic Vehicle Alert System Market by Vehicle Type
6.4Saudi Arabia Acoustic Vehicle Alert System Market
- 6.4.1Saudi Arabia Acoustic Vehicle Alert System Market by Propulsion Type
- 6.4.2Saudi Arabia Acoustic Vehicle Alert System Market by Vehicle Type
6.5South Africa Acoustic Vehicle Alert System Market
- 6.5.1South Africa Acoustic Vehicle Alert System Market by Propulsion Type
- 6.5.2South Africa Acoustic Vehicle Alert System Market by Vehicle Type
6.6Nigeria Acoustic Vehicle Alert System Market
- 6.6.1Nigeria Acoustic Vehicle Alert System Market by Propulsion Type
- 6.6.2Nigeria Acoustic Vehicle Alert System Market by Vehicle Type
6.7Rest of LAMEA Acoustic Vehicle Alert System Market
- 6.7.1Rest of LAMEA Acoustic Vehicle Alert System Market by Propulsion Type
- 6.7.2Rest of LAMEA Acoustic Vehicle Alert System Market by Vehicle Type

Chapter 7.Company Profiles

7.1HELLA GmbH & Co. KGaA
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
7.2Mercedes-Benz Group AG
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Research & Development Expense
- 7.2.5SWOT Analysis
7.3HARMAN International Industries, Inc (Samsung Electronics Co., Ltd.)
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expenses
- 7.3.5SWOT Analysis
7.4Honda Motor Co. Ltd.
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expense
- 7.4.5SWOT Analysis
7.5Maruti Suzuki India Limited
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Research & Development Expense
- 7.5.4Recent strategies and developments:
  - 7.5.4.1Product Launches and Product Expansions:
- 7.5.5SWOT Analysis
7.6Continental AG
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Segmental and Regional Analysis
- 7.6.4Research & Development Expense
- 7.6.5SWOT Analysis
7.7STMicroelectronics N.V.
- 7.7.1Company Overview
- 7.7.2Financial Analysis
- 7.7.3Segmental and Regional Analysis
- 7.7.4Research & Development Expense
- 7.7.5SWOT Analysis
7.8Brigade Electronics Group PLC
- 7.8.1Company Overview
- 7.8.2Recent strategies and developments:
  - 7.8.2.1Product Launches and Product Expansions:
- 7.8.3SWOT Analysis
7.9Kendrion N.V.
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.9.4SWOT Analysis
7.10.SoundRacer AB
- 7.10.1Company Overview
- 7.10.2SWOT Analysis

LIST OF TABLES

TABLE 1LAMEA Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
TABLE 2LAMEA Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
TABLE 3LAMEA Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
TABLE 4LAMEA Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
TABLE 5LAMEA Battery Electric Vehicle (BEV) Market by Country, 2019 - 2022, USD Million
TABLE 6LAMEA Battery Electric Vehicle (BEV) Market by Country, 2023 - 2030, USD Million
TABLE 7LAMEA Plug -In Hybrid Electric Vehicle (PHEV) Market by Country, 2019 - 2022, USD Million
TABLE 8LAMEA Plug -In Hybrid Electric Vehicle (PHEV) Market by Country, 2023 - 2030, USD Million
TABLE 9LAMEA Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 10LAMEA Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 11LAMEA Passenger Vehicle Market by Country, 2019 - 2022, USD Million
TABLE 12LAMEA Passenger Vehicle Market by Country, 2023 - 2030, USD Million
TABLE 13LAMEA Two-Wheelers Market by Country, 2019 - 2022, USD Million
TABLE 14LAMEA Two-Wheelers Market by Country, 2023 - 2030, USD Million
TABLE 15LAMEA Commercial Vehicle Market by Country, 2019 - 2022, USD Million
TABLE 16LAMEA Commercial Vehicle Market by Country, 2023 - 2030, USD Million
TABLE 17LAMEA Acoustic Vehicle Alert System Market by Country, 2019 - 2022, USD Million
TABLE 18LAMEA Acoustic Vehicle Alert System Market by Country, 2023 - 2030, USD Million
TABLE 19Brazil Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
TABLE 20Brazil Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
TABLE 21Brazil Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
TABLE 22Brazil Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
TABLE 23Brazil Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 24Brazil Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 25Argentina Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
TABLE 26Argentina Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
TABLE 27Argentina Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
TABLE 28Argentina Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
TABLE 29Argentina Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 30Argentina Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 31UAE Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
TABLE 32UAE Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
TABLE 33UAE Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
TABLE 34UAE Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
TABLE 35UAE Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 36UAE Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 37Saudi Arabia Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
TABLE 38Saudi Arabia Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
TABLE 39Saudi Arabia Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
TABLE 40Saudi Arabia Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
TABLE 41Saudi Arabia Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 42Saudi Arabia Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 43South Africa Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
TABLE 44South Africa Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
TABLE 45South Africa Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
TABLE 46South Africa Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
TABLE 47South Africa Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 48South Africa Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 49Nigeria Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
TABLE 50Nigeria Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
TABLE 51Nigeria Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
TABLE 52Nigeria Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
TABLE 53Nigeria Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 54Nigeria Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 55Rest of LAMEA Acoustic Vehicle Alert System Market, 2019 - 2022, USD Million
TABLE 56Rest of LAMEA Acoustic Vehicle Alert System Market, 2023 - 2030, USD Million
TABLE 57Rest of LAMEA Acoustic Vehicle Alert System Market by Propulsion Type, 2019 - 2022, USD Million
TABLE 58Rest of LAMEA Acoustic Vehicle Alert System Market by Propulsion Type, 2023 - 2030, USD Million
TABLE 59Rest of LAMEA Acoustic Vehicle Alert System Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 60Rest of LAMEA Acoustic Vehicle Alert System Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 61key information - HELLA GmbH & Co. KGaA
TABLE 62key information - Mercedes-Benz Group AG
TABLE 63Key Information - HARMAN International industries, Inc.
TABLE 64key Information - Honda Motor Co. Ltd.
TABLE 65Key Information - Maruti Suzuki India Limited
TABLE 66Key Information - Continental AG
TABLE 67Key Information - STMicroelectronics N.V.
TABLE 68Key Information - brigade electronics group plc
TABLE 69Key Information - Kendrion N.V.
TABLE 70Key Information - soundracer AB

LAMEA Acoustic Vehicle Alert System Market Size, Share & Trends Analysis Report By Propulsion Type (Battery Electric Vehicle (BEV), and Plug -In Hybrid Electric Vehicle (PHEV)), By Vehicle Type, By Country and Growth Forecast, 2023 - 2030

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