What is Car Electric Horn Market?
To avoid collisions and accidents, horn signals are very important due to today’s steadily increasing traffic in major cities around the world. A car's electric horn is a very simple electromechanical device that uses the principle of electromagnetism to create noise. It consists of a flexible metal diaphragm, usually made of spring steel, a coil of wire that forms an electromagnet, a switch, and a housing that functions somewhat like a megaphone.
Highlights from Car Electric Horn Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | FIAMM S.p.A. (Italy), Minda Industries Limited (India), Clarton Horn (Spain), DENSO Corporation (Japan), Robert Bosch GmbH (Germany), Hella KGaA Hueck & Co. (Germany), IMASEN ELECTRIC INDUSTRIAL CO., LTD. (Japan), MITSUBA Corporation (Japan), Feiben (China) and LG Horn (South Korea) |
The key players are focusing on strategic partnerships and new product launches to increase their client base, strengthen their market position, and enhance their product and service offerings. Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Car Electric Horn market throughout the forecasted period.
FIAMM S.p.A. (Italy), Minda Industries Limited (India), Clarton Horn (Spain), DENSO Corporation (Japan), Robert Bosch GmbH (Germany), Hella KGaA Hueck & Co. (Germany), IMASEN ELECTRIC INDUSTRIAL CO., LTD. (Japan), MITSUBA Corporation (Japan), Feiben (China) and LG Horn (South Korea) are some of the key players profiled in the study. Car Electric Horn Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Passenger Cars, Light Commercial Vehicle and Heavy Commercial Vehicle |
Type | Flat Shaped Horns, Spiral Shaped Horns and Trumpet Horns |
Frequency | 139dB,150dB,118dB,151dB |
On the basis of geography, the market of Car Electric Horn has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand for Electric Horns
Market Growth Drivers:
Ease of Installation and Customization, Increasing Demand of Automobiles and Introduction of Autonomous Cars
Challenges:
Stringent Government Rules and Regulations about Noise Pollution
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growing Automobile Industry Worldwide and Technological Advancements in the Horns
Key Target Audience
Car Electric Horn Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
In October 2022, PIAA Corporation, one of the top horn producers in the world, launched PIAA Horn under the co-branding name of PIAA-VValeo Horn Set in the electronic & accessories segment.