AVAS Market Size, Share, Growth & Forecast 2030
The global AVAS Industry Size is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%.
The growing popularity of electric and hybrid cars, which are quieter than conventional cars with internal combustion engines and need AVAS to protect pedestrians, is propelling the AVAS market. Government and international regulatory requirements, like the European Union’s...
Acoustic Vehicle Alerting System Market Size is Projected to Reach USD 1.7 billion by 2030
The global AVAS market growth is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%. The AVAS market is driven by the increasing adoption of electric vehicles and hybrid electric vehicles, which, while beneficial for reducing emissions, are often too quiet at low speeds, posing a risk to pedestrians, especially those who are visually impaired. Regulatory mandates...
Acoustic Vehicle Alerting System (AVAS) Market Size, Share, Trends | Forecast [2030]
The global AVAS market Size is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%.
The AVAS market is driven by the increasing adoption of electric and hybrid vehicles, which are quieter than traditional internal combustion engine vehicles and require AVAS to ensure pedestrian safety. Regulatory mandates from governments and international bodies, such as...
AVAS Market Size, Share | Forecast [2030]
The global AVAS Market Size is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%.
The AVAS market is driven by the increasing adoption of electric and hybrid vehicles, which are quieter than traditional internal combustion engine vehicles and require AVAS to ensure pedestrian safety. Regulatory mandates from governments and international bodies, such as...