DUBLIN--(BUSINESS WIRE)--Jun 13, 2018--The "Global Electric Vehicle Sound Generator System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global electric vehicle sound generator system market is expected to grow at a CAGR of 41.98% during the period 2018-2022.

Global Electric Vehicle Sound Generator System 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.

One trend in the market is growing focus on improving EV charging infrastructure. OEMs offer home-based charging solutions with the purchase of EVs. However, the availability of public fast-charging facilities remains a challenge. The adoption rate of EVs in a particular region is directly proportional to the number of changing solutions available on the road.

According to the report, one driver in the market is rising sales of EVs. The sales of EVs started picking up since 2014. The most important factors contributing to the increase in their adoption are government initiatives to promote their use. The majority of the sales volume of EVs arises from APAC.

Further, the report states that one challenge in the market is high cost associated with batteries in EVs. The price of EV batteries will be a barrier to the wider adoption of EVs as they still constitute a significant part of the total EV cost. As of 2016, the projected pack cost of a battery was around $227/kWh.

Key vendors

Aptiv Ford Motor General Motors Mando-Hella Electronics Nissan Motor Toyota Motor

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/dcst4z/global_electric?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180613006072/en/

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Related Topics:Electric and Hybrid Vehicles,Engines and Engine Parts

KEYWORD:

INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE

SOURCE: Research and Markets

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PUB: 06/13/2018 02:11 PM/DISC: 06/13/2018 02:11 PM

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