Global Automotive Acoustic Engineering Services Market, By Process (Designing, Development, Testing), Offering (Physical, Virtual), Software (Calibration, Signal Analysis, Simulation, Vibration, Others), Application (Drivetrain, Powertrain, Body & Structure, Interior, Others), Vehicle Type (Light-Duty Vehicle, Heavy-Duty Vehicle, Electric & Hybrid Vehicle), Drive Type (Front Wheel Drive (FWD), Rear Wheel Drive (RWD), All-Wheel Drive/ Four Wheel Drive), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
The automotive acoustic engineering services market will reach an estimated valuation of USD 4.64 billion by 2027, while registering this growth at a rate of 7.16% for the forecast period of 2020 to 2027. The increase in customer preference for interior cabin comfort and luxury features, growing stringent regulatory norms and high demand for mid-sized and premium vehicles are the key factors owing to the rise in the automotive acoustic engineering services market.
The processes such as testing, designing, simulation and development of sound originating from transmission, engine, other auto components and overall vehicle are included in the automotive acoustic engineering services. These are done in order bring the interior cabin noise within permissible range. Acoustic engineering services are used for various applications such as drivetrain, powertrain, body interior and exterior to minimize and control the level of noise in the vehicles.
The growing demand of automotive acoustic engineering services market is due to factors such as growing customer preference for luxury features and enhanced cabin comfort, high demand of premium vehicles, rise in the sales of SUVs and MUVs and regulations by government concerned with vehicle noise.
Furthermore, the rise in the trend of engine downsizing extends opportunity for the automotive acoustic engineering services market players. High capital investment and entry barriers and increase in the use of used acoustic testing equipment and rental equipment are expected to challenge the automotive acoustic engineering services market growth.
This automotive acoustic engineering services market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on automotive acoustic engineering services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Acoustic Engineering Services Market Scope and Market Size
The automotive acoustic engineering services market is segmented into process, offering, software, application, vehicle type and drive type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Automotive acoustic engineering services market, on the basis of process is segmented into designing, development and testing.
- Based on the offering type, the automotive acoustic engineering services market is divided into physical and virtual.
- On the basis of software, the automotive acoustic engineering services market is segmented into calibration, signal analysis, simulation, vibration and others.
- On the basis of application type, the automotive acoustic engineering services market is segmented into drivetrain, powertrain, body & structure, interior and others.
- On the basis of vehicle type, the automotive acoustic engineering services market is segmented into light-duty vehicle, heavy-duty vehicle and electric & hybrid vehicle.
- On the basis of drive, the automotive acoustic engineering services market is segmented into front wheel drive (FWD), rear wheel drive (RWD) and all-wheel drive/ four wheel drive.
Global Automotive Acoustic Engineering Services Market Country Level Analysis
Global automotive acoustic engineering services market is analyzed and market size, volume information is provided by country, process, offering, software, application, vehicle type and drive type as referenced above.
The countries covered in the automotive acoustic engineering services market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe and Middle East and Africa dominate the automotive acoustic engineering services market as majority of European based engineering services providers offer virtual and physical testing and engineering of automotive components and vehicle assembly to meet the requirement of foreign and regional OEMs and tier-1 suppliers. The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Acoustic Engineering Services Market Share Analysis
Automotive acoustic engineering services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive acoustic engineering services market.
The major players covered in the automotive acoustic engineering services market report are AVL, Bertrandt AG, Schaeffler AG, Continental AG, Autoneum, HEAD acoustics GmbH, Siemens Industry Software Inc., FEV Group GmbH, EDAG Group, IAV, STS Group AG, Brüel & Kjær Vibro GmbH, IAC Acoustics, m+p international Mess- und Rechnertechnik GmbH, Dun & Bradstreet, Inc., AZL Aachen GmbH, Adler Pelzer Holding GmbH, Tata Consultancy Services Limited, Physics Corporation, Infosys Limited, Signal.X Technologies LLC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Automotive Acoustic Engineering Services Market
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