Market Overview:
The global flat automobile horn market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for passenger vehicles and light commercial vehicles across the globe. Additionally, the increasing awareness about safety among consumers is also propelling the growth of this market. The global flat automobile horn market can be segmented on the basis of type into electronic horns and electromagnetic horns. The electronic horns segment is expected to account for a larger share of the global flat automobile horn market than electromagnetic horns during the forecast period from 2018 to 2030. This can be attributed to their superior sound quality as compared with electromagnetic horns. On the basis of application,the global flat automobile hornmarket can be divided into passenger vehicles, light commercial vehicles, and others (such as buses, trucks, etc.).
Product Definition:
A flat automobile horn is a type of automotive horn that is typically installed in the front grille of a vehicle. It consists of two metal plates that are connected to an electric motor, which when activated, causes the plates to vibrate and produce a honking noise. Flat automobile horns are often used as warning devices to signal motorists or pedestrians in front of the vehicle that it is approaching.
Electronic Horn:
The electronic horn is a device that emits an earsplitting blast of noise to alert people when the vehicle is in motion. The electronic horns are powered by electricity and can be operated using a battery as well as with the help of cables. Electronic Horns have become very common owing to their ability to emit high-frequency tones that carry further, even in closed rooms, thereby ensuring safety while driving at night or during foggy weather conditions.
Electromagnetic Horns:
Electromagnetic horns are used in the automotive industry to alert drivers and pedestrians that the vehicle is about to enter an area. The electromagnetic signal is generated by a coil installed behind the grille of a car. As soon as the driver steps on the brake, this signal causes an audible blast that can be heard from far away and gives enough time for people to get out of way.
This technology was first implemented in buses.
Application Insights:
Passenger vehicle application segment accounted for the largest share of over 70.0% in 2017. The demand for the product is expected to increase significantly owing to rising disposable income and consumer preference for vehicles with better sound system. Moreover, government regulations mandating use of safety devices are anticipated to further boost industry growth over the forecast period.
Light commercial vehicle application segment is expected to witness significant growth at a CAGR of XX% from 2018 to 2030 owingto increasing demand from construction, mining.
The Others category includes passenger cars without horn, LCVs without horns.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to witness significant growth over the coming years. This can be attributed to increasing sales of passenger vehicles, especially luxury cars, as well as light commercial vehicles in China on account of rising disposable income among consumers. Moreover, India has also witnessed an increase in demand for automobiles due to growing population and rapid urbanization along with development initiatives by various state governments aimed at promoting new investments from international manufacturers.
Europe was estimated at USD X billion in 2017 owing to high demand from countries such as Germany, France, Italy and U.K.
Growth Factors:
- Increasing demand for automobiles: The global automobile production is expected to grow at a CAGR of 3.5% during the forecast period, owing to the increasing demand for passenger cars and commercial vehicles. This is anticipated to boost the growth of the flat automobile horn market during the forecast period.
- Rising disposable income: The rising disposable income has led to an increase in consumer spending on automotive products, which is projected to propel the growth of the flat automobile horn market during the forecast period.
- Technological advancements: The advancement in technology has resulted in innovative products being launched in the market, which is anticipated to fuelthe growth oftheflatautomobilehornmarketduringtheforecastperiod .Forinstance, Bosch introduced a new electric car horn – “The Horn” – that offers a high-quality sound and low power consumption as comparedto traditional car horns .Thisisexpectedtoresultinanincreaseinthedemandforflatautomobilehornsduring therecordperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Flat Automobile Horn Market Research Report
By Type
Electronic Horn, Electromagnetic Horns
By Application
Passenger Vehicle, Light Commercial Vehicle, Others
By Companies
Fiamm, Minda, Denso, Bosch, Imasen, Hella, Seger, Mitsuba, Stec, LG Horn, Fiamm, Zhongzhou Electircal, Wolo Manufacturing, SORL Auto Parts, Jiari
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Flat Automobile Horn Market Report Segments:
The global Flat Automobile Horn market is segmented on the basis of:
Types
Electronic Horn, Electromagnetic Horns
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 Vehicle, Light Commercial Vehicle, Others
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:
- Fiamm
- Minda
- Denso
- Bosch
- Imasen
- Hella
- Seger
- Mitsuba
- Stec
- LG Horn
- Fiamm
- Zhongzhou Electircal
- Wolo Manufacturing
- SORL Auto Parts
- Jiari
Highlights of The Flat Automobile Horn 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:
- Electronic Horn
- Electromagnetic Horns
- By Application:
- Passenger Vehicle
- Light Commercial Vehicle
- Others
- 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 Flat Automobile Horn 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
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- Understanding Competition Scenario
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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?
A flat automobile horn is a type of automotive horn that does not produce an audible sound. Flat automobile horns are typically used on vehicles that do not have a standard horn.
Some of the key players operating in the flat automobile horn market are Fiamm, Minda, Denso, Bosch, Imasen, Hella, Seger, Mitsuba, Stec, LG Horn, Fiamm, Zhongzhou Electircal, Wolo Manufacturing, SORL Auto Parts, Jiari.
The flat automobile horn 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 Flat Automobile Horn 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 Flat Automobile Horn Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flat Automobile Horn 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 Flat Automobile Horn 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 Flat Automobile Horn Market Size & Forecast, 2020-2028
4.5.1 Flat Automobile Horn Market Size and Y-o-Y Growth
4.5.2 Flat Automobile Horn Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Electronic Horn
5.2.2 Electromagnetic Horns
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Light Commercial Vehicle
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flat Automobile Horn 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 Flat Automobile Horn 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Electronic Horn
9.6.2 Electromagnetic Horns
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 Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Light Commercial Vehicle
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Electronic Horn
10.6.2 Electromagnetic Horns
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 Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Light Commercial Vehicle
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Electronic Horn
11.6.2 Electromagnetic Horns
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 Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Light Commercial Vehicle
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Electronic Horn
12.6.2 Electromagnetic Horns
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 Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Light Commercial Vehicle
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Electronic Horn
13.6.2 Electromagnetic Horns
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) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Light Commercial Vehicle
13.10.3 Others
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 Flat Automobile Horn Market: Competitive Dashboard
14.2 Global Flat Automobile Horn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fiamm
14.3.2 Minda
14.3.3 Denso
14.3.4 Bosch
14.3.5 Imasen
14.3.6 Hella
14.3.7 Seger
14.3.8 Mitsuba
14.3.9 Stec
14.3.10 LG Horn
14.3.11 Fiamm
14.3.12 Zhongzhou Electircal
14.3.13 Wolo Manufacturing
14.3.14 SORL Auto Parts
14.3.15 Jiari
