Acoustic Vehicle Alerting Systems Market Size and Trends: USD [8.31 Billion], Growth at [6.84%] CAGR
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The Acoustic Vehicle Alerting Systems (AVAS) market is experiencing significant growth, driven by increasing adoption of electric vehicles (EVs) and regulatory mandates aimed at ensuring pedestrian safety. According to TechSci Research, the global AVAS market stood at USD 8.31 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.84% during the […]