Market Overview:
The global automotive acoustic and luminous signaling devices 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 safety and security features in vehicles. Acoustic signaling devices are used as a warning signal for pedestrians, cyclists, and other drivers, while luminous signaling devices are used as a warning signal for drivers in low-light conditions or when visibility is poor. Combined signaling devices are used as both acoustic and luminous signals simultaneously. The police vehicle segment is expected to hold the largest share of the global automotive acoustic and luminous signaling devices market during the forecast period owing to increasing demand for these devices in law enforcement vehicles across the globe. The fire fighting vehicle segment is also expected to witness significant growth during the forecast period due to increasing demand for these vehicles across various regions worldwide.
Product Definition:
An Automotive Acoustic and Luminous Signaling Device is an electronic device that emits sound or light to communicate a message to the driver of a vehicle. These devices are important because they allow drivers to be aware of potential hazards while driving. Some common automotive acoustic and luminous signaling devices include horns, turn signals, and brake lights.
Acoustic Signaling Devices:
Acoustic signaling devices are used for indicating the presence, position and identification of a vehicle or person with the help of visual signals. The primary function of these devices is to alert road users about the presence of an obstacle in their path. These devices can also be used effectively in case if a vehicle’s driver needs assistance and requires immediate attention from his passenger or from behind the wheel.
The global acoustic signaling device market size was valued at USD 2,491.
Luminous Signaling Devices:
Luminous signaling devices are used in automotive acoustic and luminous signaling devices market. It is a system which uses light to communicate with other vehicles or pedestrians. The major function of these systems is to alert the other road users about your presence, position, and speed of the vehicle. These alerts can be done using different types of signals such as Flashing Lights (FLL), rotating/flashing hazard lights, steady yellow lights etc.
Application Insights:
The market is segmented by application into police vehicle, fire fighting vehicle, ambulance vehicle, construction machine, agriculture machine and others. The police vehicle segment held the largest share in 2017 owing to the growing need for better communication systems between drivers and vehicles. Moreover, government initiatives such as Vision Zero are expected to further increase demand for these devices globally over the forecast period.
The fire-fighting vehicles are anticipated to witness significant growth over the forecast period due to increasing urbanization and industrial development resulting in a rise in number of fires across various regions including North America and Europe Pacific which is likely to propel demand for acoustic signaling devices used during emergencies among other signaling devices such as horns or sirens among other combined types of signaling device such as lights & horn combination that aid firefighters during emergency situations.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its position during the forecast period owing to increasing demand for advanced safety systems and growing adoption of LED lighting technology. Europe accounted for a significant share in 2017, attributed by stringent regulations regarding road traffic fatalities and injuries caused due to accidents. This factor is anticipated to boost product demand over the forecast period.
Asia Pacific regional market captured a significant market share owing with rapid industrialization, rising disposable income levels among people, and improving economic conditions across countries such as China, India, Indonesia etc., thus propelling automotive sales growth over the projected time frame. Moreover Luminous signaling devices are gaining popularity due their energy-efficient properties which makes them an eco-friendly alternative compared with traditional methods used for vehicle identification such as paint or reflective materials that consume more energy while driving at night or during poor visibility conditions (rainy/cloudy).
Growth Factors:
- Increasing demand for luxury and comfort in vehicles
- Rising disposable income of consumers
- Technological advancements in acoustic and luminous signaling devices
- Stringent government regulations for vehicle safety standards
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Acoustic and Luminous Signaling Devices Market Research Report
By Type
Acoustic Signaling Devices, Luminous Signaling Devices, Combined Signaling Devices
By Application
Police Vehicle, Fire Fighting Vehicle, Ambulance Vehicle, Construction Machines, Agriculture Machines
By Companies
Federal Signal Corporation, Werma Signaltechnik, Sirena Signaling, ECCO Safety Group, Vignal, INTAV, Tomar Electronics, Grote Industries, Peterson Manufacturing, Federal Signal Corporation
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Acoustic and Luminous Signaling Devices Market Report Segments:
The global Automotive Acoustic and Luminous Signaling Devices market is segmented on the basis of:
Types
Acoustic Signaling Devices, Luminous Signaling Devices, Combined Signaling Devices
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
Police Vehicle, Fire Fighting Vehicle, Ambulance Vehicle, Construction Machines, Agriculture Machines
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:
- Federal Signal Corporation
- Werma Signaltechnik
- Sirena Signaling
- ECCO Safety Group
- Vignal
- INTAV
- Tomar Electronics
- Grote Industries
- Peterson Manufacturing
- Federal Signal Corporation
Highlights of The Automotive Acoustic and Luminous Signaling Devices 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:
- Acoustic Signaling Devices
- Luminous Signaling Devices
- Combined Signaling Devices
- By Application:
- Police Vehicle
- Fire Fighting Vehicle
- Ambulance Vehicle
- Construction Machines
- Agriculture Machines
- 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 Automotive Acoustic and Luminous Signaling Devices 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
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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?
Automotive acoustic and luminous signaling devices are used to indicate the presence of a hazard ahead, warn drivers of potential collisions, or provide other information to drivers. Acoustic signals use sound waves to communicate information, while luminous signals emit light in order to create an awareness or warning.
Some of the major players in the automotive acoustic and luminous signaling devices market are Federal Signal Corporation, Werma Signaltechnik, Sirena Signaling, ECCO Safety Group, Vignal, INTAV, Tomar Electronics, Grote Industries, Peterson Manufacturing, Federal Signal Corporation.
The automotive acoustic and luminous signaling devices market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices Market Size & Forecast, 2018-2028
4.5.1 Automotive Acoustic and Luminous Signaling Devices Market Size and Y-o-Y Growth
4.5.2 Automotive Acoustic and Luminous Signaling Devices Market Absolute $ Opportunity
Chapter 5 Global Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Type
5.2.1 Acoustic Signaling Devices
5.2.2 Luminous Signaling Devices
5.2.3 Combined Signaling Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Applications
6.2.1 Police Vehicle
6.2.2 Fire Fighting Vehicle
6.2.3 Ambulance Vehicle
6.2.4 Construction Machines
6.2.5 Agriculture Machines
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Type
9.6.1 Acoustic Signaling Devices
9.6.2 Luminous Signaling Devices
9.6.3 Combined Signaling Devices
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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Applications
9.10.1 Police Vehicle
9.10.2 Fire Fighting Vehicle
9.10.3 Ambulance Vehicle
9.10.4 Construction Machines
9.10.5 Agriculture Machines
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 Automotive Acoustic and Luminous Signaling Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Type
10.6.1 Acoustic Signaling Devices
10.6.2 Luminous Signaling Devices
10.6.3 Combined Signaling Devices
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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Applications
10.10.1 Police Vehicle
10.10.2 Fire Fighting Vehicle
10.10.3 Ambulance Vehicle
10.10.4 Construction Machines
10.10.5 Agriculture Machines
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 Automotive Acoustic and Luminous Signaling Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Type
11.6.1 Acoustic Signaling Devices
11.6.2 Luminous Signaling Devices
11.6.3 Combined Signaling Devices
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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Applications
11.10.1 Police Vehicle
11.10.2 Fire Fighting Vehicle
11.10.3 Ambulance Vehicle
11.10.4 Construction Machines
11.10.5 Agriculture Machines
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 Automotive Acoustic and Luminous Signaling Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Acoustic and Luminous Signaling Devices 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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Type
12.6.1 Acoustic Signaling Devices
12.6.2 Luminous Signaling Devices
12.6.3 Combined Signaling Devices
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 Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Applications
12.10.1 Police Vehicle
12.10.2 Fire Fighting Vehicle
12.10.3 Ambulance Vehicle
12.10.4 Construction Machines
12.10.5 Agriculture Machines
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) Automotive Acoustic and Luminous Signaling Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Acoustic and Luminous Signaling Devices 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) Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Type
13.6.1 Acoustic Signaling Devices
13.6.2 Luminous Signaling Devices
13.6.3 Combined Signaling Devices
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) Automotive Acoustic and Luminous Signaling Devices Market Size Forecast by Applications
13.10.1 Police Vehicle
13.10.2 Fire Fighting Vehicle
13.10.3 Ambulance Vehicle
13.10.4 Construction Machines
13.10.5 Agriculture Machines
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 Automotive Acoustic and Luminous Signaling Devices Market: Competitive Dashboard
14.2 Global Automotive Acoustic and Luminous Signaling Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Federal Signal Corporation
14.3.2 Werma Signaltechnik
14.3.3 Sirena Signaling
14.3.4 ECCO Safety Group
14.3.5 Vignal
14.3.6 INTAV
14.3.7 Tomar Electronics
14.3.8 Grote Industries
14.3.9 Peterson Manufacturing
14.3.10 Federal Signal Corporation
