Acoustic Vehicle Alerting System Market Trends

Growing incidence of accidents on road has led to imposition of strict regulations regarding vehicle and pedestrian safety by regulatory bodies and governments. These new mandates are expected to bolster the adoption of acoustic vehicle alerting system to help improve safety and alert pedestrians around the vehicle.  

The rising emphasis on inclusivity for individuals with visual impairments is forecasted to drive the global acoustic vehicle alerting system market growth over the coming years. These systems improve mobility safety for vulnerable pedestrians, aligning with broader societal goals of creating inclusive environments for disabled and especially abled people.  

There are no global standards or guidelines established for the implementation of acoustic vehicle alerting system. This lack of uniformity in standards is expected to create major issues related to interoperability and integration across multiple vehicles thereby ultimately inhibiting the global acoustic vehicle alerting system market outlook going forward.  

Retrofitting old vehicles with advanced acoustic vehicle alerting systems is expected to emerge as a major challenge in the long run. Older vehicles often have to be retrofitted using an aftermarket solution and lack of standardization results in confusion among consumers. All of these factors contribute to high costs and longer time to retrofit acoustic vehicle alerting systems in old vehicles and slow down market development potential.