Rise in Concern about Road-Safety of Blind People to Push Acoustic Vehicle AlertPosted by Market Research Future on February 15th, 2021 Market Scope Market Research Future (MRFR) states that the global market of acoustic vehicle alerting systems (AVAS) is expected to register a CAGR of about 12% over the evaluation period of 2019–2025. The rising need to upgrade the horn system of electric vehicles (EVs), as their feeble noise may not send strong alert message to cyclist, pedestrians, and geriatric people, is noted to escalate the installation of AVAS in EVs. This is a major factor that is likely to promote the global AVAS market growth. Industry News September 2019 BlackBerry Limited, a Canada-based software development company, launched BlackBerry QNX®, an Acoustics Management Platform (AMP) 3.0, the current version of the company’s automotive acoustics software. July 2019 Mercedes Benz, a Germany-based global automobile manufacturing company, would AVAS in electric vehicles to alert pedestrians. Get a FREE Report Sample- https://www.marketresearchfuture.com/sample_request/8161 Market Insights Presently, as people live a fast-beat life, and their need quick conveyance facilities, the need for effective transportation system is rising. Lack of awareness of an approaching vehicle can lead to brutal accidents. Electric cars that produce feeble sound can often be nullified by roadway noise, which might not alert cyclist and pedestrians of an approaching vehicle that can lead to fatal accidents. The growing concern to prevent accidents is a major factor that is encouraging installation of AVAS in electric vehicles that is likely to promote its market growth.
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