Market Overview:
The global automobile horn systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles, light commercial vehicles, and heavy commercial vehicles across the globe. Additionally, the increasing awareness about road safety is also propelling the demand for automobile horn systems globally. The global automobile horn systems market can be segmented on the basis of type into air horns and electric horns. Air horns are more popular than electric horns owing to their loud sound and easy installation process. On the basis of application, the global automotive horn system market can be segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles.
Product Definition:
A horn system in an automobile is a device that makes a loud noise to warn other drivers of the car's presence. It is usually operated by pressing a button on the steering wheel. The importance of a horn system in an automobile is to warn other drivers of the car's presence, especially when the driver cannot see them.
Air Horn:
Air Horn is a musical instrument that produces a loud and clear sound by compressed air. It's an excellent way to wake up the neighborhood when your car is in the garage. The Air Horn has gained popularity as an essential tool for automobile maintenance, especially among those who drive vehicles with distinctive styling or performance characteristics that require additional attention from mechanics.
The automotive industry has been witnessing significant technological advancements over the years, which have led to more efficient.
Electric Horn:
The electric horn is a musical instrument that produces a loud and long-lasting tone. It is mainly used for scaring or alarming animals, but it can also be used as an alarm clock. The basic design of the instrument consists of a metal tube through which air passes and then gets compressed by a coil that generates the sound.
Application Insights:
Passenger vehicles accounted for the largest share in 2016 and are projected to witness significant growth over the forecast period. The rising purchasing power of consumers in developing countries such as China, India and Brazil has positively influenced automotive sales. In addition, government initiatives promoting fuel-efficient vehicles are expected to have a positive impact on market growth over the next eight years.
The light commercial vehicle (LCV) segment is anticipated to expand at a CAGR of XX% from 2017 to 2030 owing to increasing demand for LCVs with high payload capacities in developing countries such as China, India and South Africa. These vehicles can be driven up steep inclines without any difficulty due to their heavy-duty tires while providing safety and comfort during travel on roads with poor quality surface conditions or weather conditions ranging from snowfall through rainfall or foggy weathers. This factor is expectedto bode well for product demand among other applications including passenger cars within this vehicle category over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing sales of passenger cars and light commercial vehicles in countries such as China, India, Japan, and South Korea. In addition, rising disposable income coupled with stringent emission norms is anticipated to drive demand for advanced automotive horns in APAC over the next eight years.
Europe accounted for a significant share of global market revenue owing to high demand from several key markets including Germany and U.K., which are among top 5 automobile producers globally along with France Italy Spain Russia (ifrank 2016). North America also held a considerable share due to growing preference for vehicle customization options by consumers along with rising sales of luxury vehicles such as BMWs Mercedes Benzes Audi A8s etc (ifrank 2016).
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in automobile horn systems
- Stringent government regulations for vehicle safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Horn Systems Market Research Report
By Type
Air Horn, Electric Horn
By Application
Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
Uno Minda, Robert Bosch, HELLA, Fiamm, Mitsuba Corporation, Maruko Keihoki, Imasen Electric Industrial, Kleinn Automotive, Sun Automobile, SORL Auto Parts, Uno Minda
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Horn Systems Market Report Segments:
The global Automobile Horn Systems market is segmented on the basis of:
Types
Air Horn, Electric Horn
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Uno Minda
- Robert Bosch
- HELLA
- Fiamm
- Mitsuba Corporation
- Maruko Keihoki
- Imasen Electric Industrial
- Kleinn Automotive
- Sun Automobile
- SORL Auto Parts
- Uno Minda
Highlights of The Automobile Horn Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Horn
- Electric Horn
- By Application:
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Horn Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automobile horn systems are devices that produce a loud noise to warn other drivers of an impending collision.
Some of the key players operating in the automobile horn systems market are Uno Minda, Robert Bosch, HELLA, Fiamm, Mitsuba Corporation, Maruko Keihoki, Imasen Electric Industrial, Kleinn Automotive, Sun Automobile, SORL Auto Parts, Uno Minda.
The automobile horn systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Horn Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Horn Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Horn Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Horn Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Horn Systems Market Size & Forecast, 2018-2028
4.5.1 Automobile Horn Systems Market Size and Y-o-Y Growth
4.5.2 Automobile Horn Systems Market Absolute $ Opportunity
Chapter 5 Global Automobile Horn Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Horn Systems Market Size Forecast by Type
5.2.1 Air Horn
5.2.2 Electric Horn
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Horn Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Horn Systems Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Light Commercial Vehicles
6.2.3 Heavy Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Horn Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Horn Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Horn Systems Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Horn Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Horn Systems Market Size Forecast by Type
9.6.1 Air Horn
9.6.2 Electric Horn
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Horn Systems Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Light Commercial Vehicles
9.10.3 Heavy Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Horn Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Horn Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Horn Systems Market Size Forecast by Type
10.6.1 Air Horn
10.6.2 Electric Horn
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Horn Systems Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Light Commercial Vehicles
10.10.3 Heavy Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Horn Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Horn Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Horn Systems Market Size Forecast by Type
11.6.1 Air Horn
11.6.2 Electric Horn
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Horn Systems Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Light Commercial Vehicles
11.10.3 Heavy Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Horn Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Horn Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Horn Systems Market Size Forecast by Type
12.6.1 Air Horn
12.6.2 Electric Horn
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Horn Systems Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Light Commercial Vehicles
12.10.3 Heavy Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Horn Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Horn Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Horn Systems Market Size Forecast by Type
13.6.1 Air Horn
13.6.2 Electric Horn
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Horn Systems Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Light Commercial Vehicles
13.10.3 Heavy Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Horn Systems Market: Competitive Dashboard
14.2 Global Automobile Horn Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Uno Minda
14.3.2 Robert Bosch
14.3.3 HELLA
14.3.4 Fiamm
14.3.5 Mitsuba Corporation
14.3.6 Maruko Keihoki
14.3.7 Imasen Electric Industrial
14.3.8 Kleinn Automotive
14.3.9 Sun Automobile
14.3.10 SORL Auto Parts
14.3.11 Uno Minda
