Global Acoustic Vehicle Alerting Systems (AVAS) Market Analysis 2024-2030 with Continental, Hella, Kendrion, Harman International, and Denso Dominating [Yahoo! Finance]
CONTL AG S/ADR (CTTAY)
NASDAQ:AMEX Investor Relations:
continental-corporation.com/en/investors/overview
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Source: Yahoo! Finance
Vehicles), Electric 2-Wheeler (E-scooter/Moped, E-motorcycle), Sales Channel, Mounting Position (Integrated, Separated) and Region - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The global AVAS market 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 growth of the AVAS market is driven by the increasing adoption of quieter electric and hybrid vehicles, necessitating enhanced pedestrian safety measures. Regulatory mandates, such as those from the European Union and the US, further boost demand. Additionally, advancements in acoustic technology and rising urbanization, along with growing awareness of road safety, contribute to the widespread adoption of AVAS. The AVAS market is dominated by major players including Continental AG (Germany), Hella GMBH & CO. KGAA (Germany), Kendrion N. V. (Netherlands), Harman International (US), and Denso Corporation (Japan). These companies have strong product portf
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Analyst Actions
- 6/22/24 - Sanford C. Bernstein