Global Automotive Acoustic Engineering Services Overview
Automotive Acoustic Engineering Services Market accounted for US$ 2.54 billion in 2020 and is estimated to be US$ 5.22 billion by 2030 and is anticipated to register a CAGR of 7.50%.
Engineering services for automobile acoustics are provided to calibrate the noise and vibration of the engine, transmission system, and other automotive components in order to monitor, manage, and reduce internal cabin noise to acceptable levels. Growing government rules and regulations governing vehicle noise management have led to an increase in the need for automotive acoustic engineering services, which is a key factor fueling growth in the global market for these services. Another element driving the global market's expansion is the rise in demand for automotive acoustic engineering services in premium and luxury vehicles to enhance cabin comfort.
Global Automotive Acoustic Engineering Services Drivers & Restraints
The market for automotive acoustic engineering services is anticipated to expand due to two key factors: an increase in consumer demand for luxury features and improved passenger comfort. The market for automotive acoustic engineering services is also anticipated to increase as a result of the rising demand for luxury vehicles. Furthermore, the market for automotive acoustic engineering services is anticipated to experience a slowdown due to rising sales of SUVs and MUVs, as well as government laws addressing vehicle noise. On the other hand, it is anticipated that over time, the use of rental and used acoustic testing equipment will rise.
Global Automotive Acoustic Engineering Services Segmentations & Regional Insights
The Global Automotive Acoustic Engineering Services Market is segmented based on type, application, and region.
On the basis of type, the Global Automotive Acoustic Engineering Services Market is segmented into Calibration, Simulation, Vibration, and Signal Analysis. On the basis of application, the Global Automotive Acoustic Engineering Services Market is segmented into Heavy Duty Vehicles, Light Duty Vehicles, and Electric & Hybrid Vehicles.
Regional Insights:
On basis of region the Global Automotive Acoustic Engineering Services Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market for automotive acoustic engineering services is thought to be the largest in EMEA.
Automotive Acoustic Engineering Services Market Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020– 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
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Market Segmentation |
By Type – Calibration, Simulation, Vibration, and Signal Analysis. By Application – Heavy Duty Vehicles, Light Duty Vehicles, and Electric & Hybrid Vehicles. |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Automotive Acoustic Engineering Services report based on test, application, and region.
Global Automotive Acoustic Engineering Services Market, By Type:
- Calibration
- Simulation
- Vibration
- Signal Analysis
Global Automotive Acoustic Engineering Services Market, By Application:
- Heavy Duty Vehicles
- Light Duty Vehicles
- Electric & Hybrid Vehicles
Global Automotive Acoustic Engineering Services Market, By Region:
- North America
- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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-
- U.S.
- Canada
- Middle East & Africa
Global Automotive Acoustic Engineering Services Competitive Landscape & Key Players
The key players operating the Global Automotive Acoustic Engineering Services Market Include AVL, Siemens PLM Software, Bertrandt, Schaeffler, EDAG Engineering, IAV, Autoneum, FEV, Continental, Head Acoustics and STS Group.
Global Automotive Acoustic Engineering Services Company Profile
Global Automotive Acoustic Engineering Services Highlights
FAQs
The Global Automotive Acoustic Engineering Services Market is segmented into type, application, and region.
The rise in customer desire for luxury features and better cabin comfort are two main factors projected to drive the growth of the automotive acoustic engineering services market during the forecast period.
By region, EMEA is estimated to be the largest market for automotive acoustic engineering services.
The Key players operating in the Global Automotive Acoustic Engineering Services Market include AVL, Siemens PLM Software, Bertrandt, Schaeffler, EDAG Engineering, IAV, Autoneum, FEV, Continental, Head Acoustics and STS Group..