Press release
Automotive Acoustic Engineering Services Market 2020 Is Estimated to Reach USD 4.64 Billion By 2027 with Global Players Like - AVL, Bertrandt AG, Schaeffler AG, Continental AG
Automotive Acoustic Engineering Services
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.
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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.
Major Market Players Covered in the Automotive Acoustic Engineering Services Market Are:
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.
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.
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Global Automotive Acoustic Engineering Services Market Scope and Segments
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.
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
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Strategic Points Covered in Table of Content of Global Automotive Acoustic Engineering Services Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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