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Global Automotive Horns and Fanfares Market 2018-2022

Global Automotive Horns and Fanfares Market 2018-2022

About Automotive Horns and Fanfares

Automotive Horns and Fanfares are sound- making devices and are integral component of every motor vehicle. Horns and fanfares are used to alert pedestrians, and other approaching vehicles, especially in hazardous situations, to avoid accidents.

Technavio’s analysts forecast the global automotive horns and fanfares market to grow at a CAGR of 4.10% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive horns and fanfares market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of automotive horns and fanfares.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Horns and Fanfares Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • FIAMM COMPONENTI ACCESSORI
  • HELLA
  • Mitsuba
  • Robert Bosch
  • UNO Minda
Market driver
  • Rise in global automotive sales
  • For a full, detailed list, view our report
Market challenge
  • Gradual increase in annual wages, leading to a decline in profit margins
  • For a full, detailed list, view our report
Market trend
  • is Introduction of Silent Horn System
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Horns and Fanfares Market 2018-2022

Technavio recognizes the following companies as the key players in the global automotive horns and fanfares market: FIAMM COMPONENTI ACCESSORI, HELLA, Mitsuba, Robert Bosch, UNO Minda

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Introduction of Silent Horn System. Vehicular noise is the major cause of noise pollution in the urban areas. Horns, which are used to alert other drivers in the vicinity, disturb the other fellow drivers, pedestrians, passengers, and people living nearby. Sound levels greater than 120 decibels (dB) can cause hypertension and insomnia diseases. This problem can be solved by using simple infrared light emitting diodes (IR LEDs) and receivers. This infrared communication system, which is used in television remotes, can generate and transmit a silent horn sig”

According to the report, one of the major drivers for this market is Rise in global automotive sales. The sales of automotive horns and fanfares are closely related to the growth of the passenger and the commercial vehicles market, as these vehicles are equipped with either horns or fanfares. The passenger vehicle segment is the largest contributor to the global automotive horns and fanfares market. The global passenger car sales increased by 3.97% in 2016, with SUVs and crossovers accounting for maximum sales, especially in the Chinese and US markets. In 2016, The European passenger car market recorded an increase of around 6%. Similarly, in the US, the sales of passenger vehicles increased by 4%, in 2016.

Further, the report states that one of the major factors hindering the growth of this market is Gradual increase in annual wages, leading to a decline in profit margins. In the automotive industry, OEMs have been taking up the liability for most of the price pressure and the warranty costs from the demand side in the past. However, the situation has changed in the last five years, with OEMs now transferring liabilities to tier-1 suppliers and, in turn, to component manufacturers. This has resulted in cost optimization in the industry.



Companies Mentioned

FIAMM COMPONENTI ACCESSORI, HELLA, Mitsuba, Robert Bosch, UNO Minda

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Types of automotive horns and fanfares
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global automotive horns and fanfares market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ billions)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by vehicle type
    • Segmentation by vehicle type
      • Table Vehicle type - Market share 2017-2022 (%)
    • Comparison by vehicle type
      • Table Comparison by vehicle type
    • Passenger vehicles - Market size and forecast 2017-2022
      • Table Passenger vehicles - Market size and forecast 2017-2022 ($ billions)
      • Table Passenger vehicles - Year-over-year growth 2018-2022 (%)
    • Commercial vehicles - Market size and forecast 2017-2022
      • Table Commercial vehicles - Market size and forecast 2017-2022 ($ billions)
      • Table Commercial vehicles - Year-over-year growth 2018-2022 (%)
    • Market opportunity by vehicle type
      • Table Market opportunity vehicle type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ billions)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ billions)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ billions)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Advances in alert sounds of automotive horns and fanfares
    • Introduction of Silent Horn System
    • Increasing demand for different types of horns for different markets
    • Introduction of autonomous cars
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • FIAMM COMPONENTI ACCESSORI
      • Table FIAMM COMPONENTI ACCESSORI - Overview
      • Table FIAMM COMPONENTI ACCESSORI - Business segments
      • Table FIAMM COMPONENTI ACCESSORI - Organizational developments
      • Table FIAMM COMPONENTI ACCESSORI - Geographic focus
      • Table FIAMM COMPONENTI ACCESSORI - Segment focus
      • Table FIAMM COMPONENTI ACCESSORI - Key offerings
    • HELLA
      • Table HELLA - Overview
      • Table HELLA - Business segments
      • Table HELLA - Organizational developments
      • Table HELLA - Geographic focus
      • Table HELLA - Segment focus
      • Table HELLA - Key offerings
    • Mitsuba
      • Table Mitsuba - Overview
      • Table Mitsuba - Business segments
      • Table Mitsuba - Organizational developments
      • Table Mitsuba - Geographic focus
      • Table Mitsuba - Segment focus
      • Table Mitsuba - Key offerings
    • Robert Bosch
      • Table Robert Bosch - Overview
      • Table Robert Bosch - Business segments
      • Table Robert Bosch - Organizational developments
      • Table Robert Bosch - Geographic focus
      • Table Robert Bosch - Segment focus
      • Table Robert Bosch - Key offerings
    • UNO Minda
      • Table UNO Minda - Overview
      • Table UNO Minda - Business segments
      • Table UNO Minda - Organizational developments
      • Table UNO Minda - Geographic focus
      • Table UNO Minda - Segment focus
      • Table UNO Minda - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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