Global Vehicle Sound Signalling Equipment Market 2020

Vehicle Sound Signalling Equipment Market Size

The global vehicle sound signalling equipment market revenue amounted to $X in 2017, declining by -X% against the previous year. Overall, vehicle sound signalling equipment consumption continues to indicate an abrupt downturn. The pace of growth was the most pronounced in 2009, when market value increased by X% year-to-year. Over the period under review, the global vehicle sound signalling equipment market attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Vehicle Sound Signalling Equipment Production

In 2017, the amount of electrical sound signalling equipment for motorcycles or motor vehicles produced worldwide totaled X units, lowering by -X% against the previous year. In general, vehicle sound signalling equipment production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. Global vehicle sound signalling equipment production peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Vehicle Sound Signalling Equipment Exports

In 2017, approx. X units of electrical sound signalling equipment for motorcycles or motor vehicles were exported worldwide; picking up by X% against the previous year. In general, the total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle sound signalling equipment exports decreased by +X% against 2014 indices. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the global vehicle sound signalling equipment exports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, vehicle sound signalling equipment exports amounted to $X in 2017. In general, the total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle sound signalling equipment exports increased by +X% against 2009 indices. Over the period under review, the global vehicle sound signalling equipment exports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Vehicle Sound Signalling Equipment Exports by Country

In 2017, China (X units) was the largest exporter for electrical sound signalling equipment for motorcycles or motor vehicles, creating X% of total exports. It was distantly followed by Mexico (X units), the U.S. (X units), Germany (X units), South Korea (X units) and Japan (X units), together comprising X% share of total exports. The Czech Republic (X units), Belgium (X units), Taiwan, Chinese (X units), Hungary (X units), France (X units) and Malaysia (X units) followed a long way behind the leaders.

China was also the fastest growing in terms of the electrical sound signalling equipment for motorcycles or motor vehicles exports, with a CAGR of +X% from 2007 to 2017. At the same time, the Czech Republic (+X%), South Korea (+X%), Taiwan, Chinese (+X%), France (+X%), the U.S. (+X%), Germany (+X%), Hungary (+X%), Mexico (+X%) and Malaysia (+X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, Belgium (-X%) illustrated a downward trend over the same period. Belgium (X%) significantly strengthened its position in terms of the global exports, while Germany, the Czech Republic, the U.S., South Korea and China saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vehicle sound signalling equipment markets worldwide were China ($X), Germany ($X) and the U.S. ($X), with a combined X% share of global exports.

Among the main exporting countries , China (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other global leaders experienced more modest paces of growth.

Vehicle Sound Signalling Equipment Export Prices by Country

In 2017, the average vehicle sound signalling equipment export price amounted to $X per unit, rising by X% against the previous year. Overall, vehicle sound signalling equipment export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, when the average export prices increased by X% y-o-y. In that year, the average export prices for electrical sound signalling equipment for motorcycles or motor vehicles reached their peak level of $X per unit. From 2010 to 2017, growth of the average export prices for electrical sound signalling equipment for motorcycles or motor vehicles failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X per unit), while China ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other global leaders experienced more modest paces of growth.

Vehicle Sound Signalling Equipment Imports

Global imports amounted to X units in 2017, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Global imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, vehicle sound signalling equipment imports totaled $X in 2017. Overall, the total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle sound signalling equipment imports increased by +X% against 2009 indices. Over the period under review, the global vehicle sound signalling equipment imports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Vehicle Sound Signalling Equipment Imports by Country

The countries with the highest levels of vehicle sound signalling equipment imports in 2017 were the U.S. (X units), Mexico (X units), China (X units), Germany (X units), the Czech Republic (X units), France (X units), Spain (X units), South Korea (X units), Poland (X units), Romania (X units), Slovenia (X units) and Thailand (X units), together reaching X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Slovenia (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported electrical sound signalling equipment for motorcycles or motor vehicles worldwide, making up X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (+X% per year).

Vehicle Sound Signalling Equipment Import Prices by Country

The average vehicle sound signalling equipment import price stood at $X per unit in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. Over the period under review, the average import prices for electrical sound signalling equipment for motorcycles or motor vehicles attained its maximum level of $X per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per unit), while South Korea ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform