Asia: Vehicle Sound Signalling Equipment Market 2020

Vehicle Sound Signalling Equipment Market Size in Asia

The revenue of the vehicle sound signalling equipment market in Asia amounted to $X in 2017, jumping by X% against the previous year. The vehicle sound signalling equipment consumption continues to indicate an abrupt reduction. The pace of growth was the most pronounced in 2017, when market value increased by X% year-to-year. Over the period under review, the vehicle sound signalling equipment market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Vehicle Sound Signalling Equipment Production in Asia

In 2017, production of electrical sound signalling equipment for motorcycles or motor vehicles in Asia amounted to X units, dropping by -X% against the previous year. The total output indicated a measured 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 production decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2010, when the output figure increased by X% y-o-y. The volume of vehicle sound signalling equipment production peaked of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Vehicle Sound Signalling Equipment Exports in Asia

In 2017, exports of electrical sound signalling equipment for motorcycles or motor vehicles in Asia amounted to X units, rising by X% against the previous year. The vehicle sound signalling equipment exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2010, when exports increased by X% year-to-year. Over the period under review, the vehicle sound signalling equipment exports attained its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, vehicle sound signalling equipment exports amounted to $X in 2017. The vehicle sound signalling equipment exports continue to indicate a strong expansion. The level of exports peaked in 2017, and are likely to see steady growth in the near future.

Vehicle Sound Signalling Equipment Exports by Country in Asia

China prevails in vehicle sound signalling equipment exports structure, reaching X units, which was approx. X% of total exports in 2017. South Korea (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Japan (X%) and Taiwan, Chinese (X%). Malaysia (X units), Indonesia (X units) and the Philippines (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 Philippines (+X%), Indonesia (+X%), South Korea (+X%), Taiwan, Chinese (+X%) and Malaysia (+X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. While the share of the Philippines (-X%), Indonesia (-X%), Taiwan, Chinese (-X%), South Korea (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest vehicle sound signalling equipment supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

In China, vehicle sound signalling equipment exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

Vehicle Sound Signalling Equipment Export Prices by Country in Asia

The vehicle sound signalling equipment export price in Asia stood at $X per unit in 2017, jumping by X% against the previous year. The vehicle sound signalling equipment export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when the export prices increased by X% year-to-year. Over the period under review, the export prices for electrical sound signalling equipment for motorcycles or motor vehicles reached its peak figure level of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the Philippines ($X per unit), while China ($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 leaders experienced more modest paces of growth.

Vehicle Sound Signalling Equipment Imports in Asia

In 2017, the amount of electrical sound signalling equipment for motorcycles or motor vehicles imported in Asia amounted to X units, declining by -X% against the previous year. The vehicle sound signalling equipment imports continue to indicate a perceptible deduction. The growth pace was the most rapid in 2016, when imports increased by X% y-o-y. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, vehicle sound signalling equipment imports totaled $X in 2017. The vehicle sound signalling equipment imports continue to indicate a strong increase. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Vehicle Sound Signalling Equipment Imports by Country in Asia

China was the largest importing country with an import of around X units, which accounted for X% of total imports. It was distantly followed by South Korea (X units), Thailand (X units), Pakistan (X units), Japan (X units), India (X units) and Turkey (X units), together generating X% share of total imports. The following importers - Indonesia (X units), Malaysia (X units), Saudi Arabia (X units), Iran (X units) and Vietnam (X units) together made up X% of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Pakistan (+X%), India (+X%), Indonesia (+X%), Iran (+X%), Turkey (+X%) and Vietnam (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Thailand and Malaysia experienced a relatively flat trend pattern. By contrast, Japan (-X%), Saudi Arabia (-X%) and South Korea (-X%) illustrated a downward trend over the same period. South Korea (X%) and Saudi Arabia (X%) significantly strengthened its position in terms of the global imports, while Turkey, Indonesia, India, Pakistan 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, China ($X) constitutes the largest market for imported electrical sound signalling equipment for motorcycles or motor vehicles in Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Turkey, with a X% share.

In China, vehicle sound signalling equipment imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Turkey (+X% per year).

Vehicle Sound Signalling Equipment Import Prices by Country in Asia

In 2017, the vehicle sound signalling equipment import price in Asia amounted to $X per unit, going up by X% against the previous year. The vehicle sound signalling equipment import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% year-to-year. The level of import price peaked of $X per unit in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per unit), while Pakistan ($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 leaders experienced more modest paces of growth.

Source: IndexBox Platform