Electric & Hybrid Vehicles Driving the Demand for AVAS (2024-2031)

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2025-03-19 09:24:07 - Translate -

The global acoustic vehicle alerting system market was valued at USD 1120.2 million in 2023 and is expected to grow significantly, reaching USD 1213.9 million in 2024 and USD 2308.4 million by 2031. This expansion, driven by a CAGR of 9.62%, is fueled by rising EV adoption, stringent safety regulations, and increasing awareness of pedestrian safety worldwide. Market Growth and Trends This...

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