Business news

Electric Motor Horn Market are expected to reach US$ 56.3 Bn in 2032

Electric Motor Horn Market

A car’s electric motor horn is a mechanism that converts electrical energy into mechanical energy. The operation of an electric motor horn is based on the electromagnetic concept, in which mechanical energy aids in the production of a loud sound. An electric motor horn is a safety feature that alerts other vehicles or pedestrians so that collisions or accidents can be avoided. Due to their simple installation, electric motor horns are frequently employed in practically all types of vehicles, including passenger automobiles and light and heavy commercial vehicles. Electric motor horns can also be modified to meet specific client needs. Compared to other horns on the market, such air horns, an electric motor horn has a longer lifespan.

The size of the global market for electric motor horns is anticipated to be US$ 35.1 billion in 2022 and to grow gradually from 2022 to 2032 at a CAGR of 5.7 percent. There will probably be increased use of electric motor horns in cars as people become more aware of how important it is to drive safely.

According to a survey by FMI, the global market for electric motor horns is expected to reach US$ 56.3 billion in 2032. The automotive industry’s continued growth and increased production of new cars are some of the major factors driving growth in the global market.

Electric motor horns come in three main varieties: flat type horns, spiral type horns, and trumpet type horns. Comparatively more dependable and economical are flat type horns. In terms of voltage, wire length, and versatility, spiral type horns outperform other horns. However, among all horns, trumpet horns are the loudest.

Market Participants:

  • Robert Bosch GmBH
  • Mitsuba Corp.
  • UNO Minda Group
  • Wolo Manufacturing Corp.
  • HELLA GmbH & Co. KGaA
  • Roots Industries India Limited
  • Denso Corporation
  • FIAMM Technologies, L.L.C.
  • MARUKO KEIHOKI Co., LTD.
  • SEGER Horns
  • Imasen Electric Industrial Co., Ltd.
  • Shanghai SIIC Transportation Electric Co., Ltd.

Download PDF Brochure

To Top

Pin It on Pinterest

Share This