Global Electric Vehicle Sound Generator System Market Report and Forecast 2025-2034

Global Electric Vehicle Sound Generator System Market Outlook

The global electric vehicle sound generator system market size reached approximately USD 110.88 million in 2023. The market is further projected to grow at a CAGR of 13.7% between 2024 and 2032, reaching a value of USD 356.12 million by 2032.

Key Trends in the Market

Electric vehicle sound generator systems refer to acoustic vehicle alerting systems that produce sounds to allow the cyclists, pedestrians, and visually impaired individuals, among others to detect electric and silent hybrid vehicles. These devices also allow various automotive manufacturers to meet government safety standards for hybrid and electric vehicles.

• The growing demand for electric vehicles owing to rising environmental concerns and increasing government initiatives to reduce emissions of harmful gasses is bolstering the electric vehicle sound generator system market growth.

• The expansion of the electric vehicle charging infrastructure is providing lucrative growth opportunities to the market. The rising investments towards the construction of electric vehicle charging stations is encouraging individuals to adopt electric vehicles, supporting the market expansion.

• The rising collaboration between automakers and electric vehicle sound generator system manufacturers to develop customised sound frequencies for hybrid and electric vehicles is boosting the market expansion across the globe.

Global Electric Vehicle Sound Generator System Market Analysis

On the basis of vehicle type, the market is divided into passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV), among others. Based on product type, the market is bifurcated into bass sound generator and treble sound generator.

On the basis of application, the market is classified into OEM and aftermarket. Based on region, the electric vehicle sound generator system market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Continental AG 

• BMW AG 

• STMicroelectronics International N.V. 

• HARMAN International 

• Mando-Hella Electronics Corporation 

• KUFATEC GmbH &Co. KG 

• Kendrion N.V. 

• SoundRacer AB 

• ECCO Safety Group 

• Others

Market Share by Application

OEMs account for a significant electric vehicle sound generator system market share. OEM companies are dedicated towards providing high quality products to the customers and ensure that their products meet the comfort, reputation, and class or premium cars. For their signature sounds, the OEMs rely upon the development of unique emission sounds. The increasing strictness of various government regulations for the installation of the sound generators in hybrid and battery electric vehicles is further supporting the segment growth.

Market Share by Region

The Asia Pacific accounts for a significant share owing to the increased adoption of electric vehicles in countries such as Japan, China, and India owing to rising environmental concerns. The rising utilisation of electric vehicles by the transportation and automotive sectors due to rising government initiatives is boosting the electric vehicle sound generator system market demand. The availability of incentives including rebates and tax credits is further bolstering the adoption of electric vehicles, supporting the market expansion.

Competitive Landscape

Continental AG is one of the leading automotive components manufacturing companies that was founded in 1871 and is headquartered in Hanover, Germany. The company is known for manufacturing electric vehicle sound generator systems, brake systems, and forestry tires, among others.

BMW AG is a motor vehicle manufacturing company that is headquartered in Munich, Germany. The company is involved in the production of various automotive components including electric vehicle sound generator systems and engines, among others.

STMicroelectronics International N.V. is one of the leading semiconductor manufacturing companies that specialises in application processors, MEMS and sensors, silicon carbide, and smart power, among others. The company was founded in 1987 and is headquartered in Geneva, Switzerland.

Other electric vehicle sound generator system market key players include HARMAN International, Mando-Hella Electronics Corporation, KUFATEC GmbH &Co. KG, Kendrion N.V., SoundRacer AB, and ECCO Safety Group, among others.

Key Highlights of the Report