EU: Vehicle Sound Signalling Equipment Market 2020

Vehicle Sound Signalling Equipment Market Size in the EU

The revenue of the vehicle sound signalling equipment market in the European Union amounted to $X in 2017, increasing by X% against the previous year. The vehicle sound signalling equipment consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. Over the period under review, the vehicle sound signalling equipment market reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Vehicle Sound Signalling Equipment Production in the EU

In 2017, approx. X units of electrical sound signalling equipment for motorcycles or motor vehicles were produced in the European Union; increasing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. In that year, the vehicle sound signalling equipment production attained their peak volume of X units. From 2015 to 2017, growth of the vehicle sound signalling equipment production failed to regain its momentum.

Vehicle Sound Signalling Equipment Exports in the EU

In 2017, approx. X units of electrical sound signalling equipment for motorcycles or motor vehicles were exported in the European Union; dropping by -X% against the previous year. The total exports indicated a temperate increase 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 most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Over the period under review, the vehicle sound signalling equipment exports reached its maximum volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, vehicle sound signalling equipment exports totaled $X in 2017. The total exports indicated a noticeable growth 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 decreased by -X% against 2014 indices. Over the period under review, the vehicle sound signalling equipment exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Vehicle Sound Signalling Equipment Exports by Country in the EU

In 2017, Germany (X units), distantly followed by the Czech Republic (X units), Belgium (X units), Hungary (X units), France (X units), Poland (X units), Austria (X units), Italy (X units) and Romania (X units) were the main exporters of electrical sound signalling equipment for motorcycles or motor vehicles, together committing X% of total exports. Spain (X units) held the mild share of total exports.

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

In value terms, Germany ($X) remains the largest vehicle sound signalling equipment supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by France ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Germany amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: France (+X% per year) and Belgium (-X% per year).

Vehicle Sound Signalling Equipment Export Prices by Country in the EU

The vehicle sound signalling equipment export price in the European Union stood at $X per unit in 2017, coming up by X% against the previous year. The vehicle sound signalling equipment export price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. In that year, the 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 export prices for electrical sound signalling equipment for motorcycles or motor vehicles failed to regain its momentum.

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

Vehicle Sound Signalling Equipment Imports in the EU

In 2017, approx. X units of electrical sound signalling equipment for motorcycles or motor vehicles were imported in the European Union; rising by X% against the previous year. The total imports indicated a remarkable increase 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 imports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2015, with an increase of X% y-o-y. Over the period under review, the vehicle sound signalling equipment imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, vehicle sound signalling equipment imports stood at $X in 2017. The total imports indicated a remarkable 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 vehicle sound signalling equipment imports attained its peak figure level in 2017, and are likely to continue its growth in the immediate term.

Vehicle Sound Signalling Equipment Imports by Country in the EU

Germany (X units), the Czech Republic (X units), France (X units), Spain (X units), Poland (X units), Romania (X units), Slovenia (X units), Italy (X units), the UK (X units), Slovakia (X units), Belgium (X units) and Hungary (X units) represented roughly X% of total imports of electrical sound signalling equipment for motorcycles or motor vehicles in 2017.

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 leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and France ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Spain, Slovakia, Italy, the UK, Poland, Belgium, Slovenia, Hungary and Romania, which together accounted for a further X%.

Slovenia (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Vehicle Sound Signalling Equipment Import Prices by Country in the EU

In 2017, the vehicle sound signalling equipment import price in the European Union amounted to $X per unit, waning by -X% against the previous year. The vehicle sound signalling equipment import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. The level of import price peaked of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

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

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Source: IndexBox Platform