Product Code: ETC4578805 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India Acoustic Vehicle Alerting System (AVAS) Market is a specialized segment within the automotive industry, dedicated to enhancing pedestrian safety by providing audible warning signals from electric and hybrid vehicles. AVAS is a crucial technology designed to alert pedestrians, especially those with visual impairments, to the presence of near-silent electric vehicles. As the adoption of electric mobility accelerates in India, the AVAS market is gaining prominence, with automakers and suppliers working to develop compliant and effective systems. The market is characterized by regulatory compliance and technological innovation, as companies aim to ensure that electric vehicles operate safely on India roads.
The Acoustic Vehicle Alerting System (AVAS) market in India is being driven by the government`s push towards electric vehicles (EVs). As EVs operate silently at low speeds, AVAS is mandated to alert pedestrians and other road users. This regulatory requirement has created a substantial market for AVAS systems. Moreover, increasing concerns about road safety and the need to reduce accidents involving silent EVs are further bolstering the adoption of AVAS in the country.
In India, the acoustic vehicle alerting system market faces challenges related to public acceptance and regulatory compliance. Adapting these systems to the diverse and densely populated India road environment, as well as addressing concerns regarding noise pollution and safety, is a complex task.
The COVID-19 pandemic had varying effects on the India acoustic vehicle alerting system market. Initially, the market faced challenges as vehicle production slowed down due to the pandemic. Acoustic vehicle alerting systems, used to ensure pedestrian safety and comply with regulations, saw reduced demand. However, as the automotive industry recovered and regulations concerning electric vehicles` acoustic warning systems were enforced, the market regained momentum. With a growing focus on electric mobility, the market is expected to see sustained growth as automakers strive to enhance vehicle safety and meet regulatory requirements.
In the acoustic vehicle alerting system sector, significant companies are Minda Corporation, Hella India Automotive, Pricol Limited, and Lumax Industries. These companies focus on manufacturing systems that generate sound alerts for electric vehicles in compliance with safety regulations.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Acoustic Vehicle Alerting System Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Acoustic Vehicle Alerting System Market Revenues & Volume, 2021 & 2031F |
3.3 India Acoustic Vehicle Alerting System Market - Industry Life Cycle |
3.4 India Acoustic Vehicle Alerting System Market - Porter's Five Forces |
3.5 India Acoustic Vehicle Alerting System Market Revenues & Volume Share, By Electric Two-Wheeler, 2021 & 2031F |
3.6 India Acoustic Vehicle Alerting System Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 India Acoustic Vehicle Alerting System Market Revenues & Volume Share, By Mounting Position, 2021 & 2031F |
4 India Acoustic Vehicle Alerting System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Acoustic Vehicle Alerting System Market Trends |
6 India Acoustic Vehicle Alerting System Market, By Types |
6.1 India Acoustic Vehicle Alerting System Market, By Electric Two-Wheeler |
6.1.1 Overview and Analysis |
6.1.2 India Acoustic Vehicle Alerting System Market Revenues & Volume, By Electric Two-Wheeler, 2021-2031F |
6.1.3 India Acoustic Vehicle Alerting System Market Revenues & Volume, By E-Scooter/Moped, 2021-2031F |
6.1.4 India Acoustic Vehicle Alerting System Market Revenues & Volume, By E-Motorcycle, 2021-2031F |
6.2 India Acoustic Vehicle Alerting System Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 India Acoustic Vehicle Alerting System Market Revenues & Volume, By OEM, 2021-2031F |
6.2.3 India Acoustic Vehicle Alerting System Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.3 India Acoustic Vehicle Alerting System Market, By Mounting Position |
6.3.1 Overview and Analysis |
6.3.2 India Acoustic Vehicle Alerting System Market Revenues & Volume, By Integrated, 2021-2031F |
6.3.3 India Acoustic Vehicle Alerting System Market Revenues & Volume, By Separated, 2021-2031F |
7 India Acoustic Vehicle Alerting System Market Import-Export Trade Statistics |
7.1 India Acoustic Vehicle Alerting System Market Export to Major Countries |
7.2 India Acoustic Vehicle Alerting System Market Imports from Major Countries |
8 India Acoustic Vehicle Alerting System Market Key Performance Indicators |
9 India Acoustic Vehicle Alerting System Market - Opportunity Assessment |
9.1 India Acoustic Vehicle Alerting System Market Opportunity Assessment, By Electric Two-Wheeler, 2021 & 2031F |
9.2 India Acoustic Vehicle Alerting System Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 India Acoustic Vehicle Alerting System Market Opportunity Assessment, By Mounting Position, 2021 & 2031F |
10 India Acoustic Vehicle Alerting System Market - Competitive Landscape |
10.1 India Acoustic Vehicle Alerting System Market Revenue Share, By Companies, 2024 |
10.2 India Acoustic Vehicle Alerting System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |