openPR Logo
Press release

Automotive Acoustic Engineering Services Market is Globally Growing at a 7.8% CAGR in Upcoming Years

08-17-2021 08:43 AM CET | Logistics & Transport

Press release from: Allied Market Research

Automotive Acoustic Engineering Services Market

Automotive Acoustic Engineering Services Market

According to the report published by Allied Market Research, the global automotive acoustic engineering services market generated $2.61 billion in 2019, and is estimated to reach $4.80 billion by 2027, registering a CAGR of 7.8% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenario.

Government regulations regarding noise pollution and customer preference for enhanced cabin comfort and luxury features drive the growth of the global automotive acoustic engineering services market. However, high initial investment and rise in utilization of used acoustic testing equipment hinder the market growth. On the other hand, growing trend of engine downsizing create new opportunities in the coming years.

Download Report Sample at

https://www.alliedmarketresearch.com/request-sample/6892

COVID-19 Scenario:

During the coronavirus pandemic, all the automotive acoustic engineering services have been banned globally to control the spread of the virus.
Moreover, the demand for the commercial and electric vehicle has been reduced due to the restrictions on operations in the automobile industry during the global lockdown.
The report offers a detailed segmentation of the global automotive acoustic engineering services market based on offering, software, application, vehicle type, and region.

Based on vehicle type, the passenger vehicle segment contributed to the largest share in 2019, accounting for nearly two-thirds of the total share, and is estimated to maintain its dominant position during the forecast period. However, the electric vehicle segment is expected to register the highest CAGR of 14.2% from 2020 to 2027.

Based on software, the simulation segment accounted for the largest share in 2019, holding more than two-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However, the vibration segment is estimated to portray the highest CAGR of 8.2% during the forecast period.

Interested to Procure The Data? Inquire here at

https://www.alliedmarketresearch.com/purchase-enquiry/6892

Based on region, Asia-Pacific contributed the highest share, accounting for nearly one-third of the total market share in 2019, and will maintain its dominance throughout the forecast period. However, Europe is expected to grow at the highest CAGR of 8.7% from 2020 to 2027.

Leading market players analyzed in the automotive acoustic engineering services market research include AVL, Brüel & Kjær, Autoneum, Bertrandt AG, FEV Group GmbH, EDAG Engineering GmbH, Schaeffler Engineering GmbH, HEAD acoustics GmbH, STS Group AG., and Siemens Industry Software Inc.

Schedule a Call with Our Analysts/Industry Experts to Find Solution for Your Business at

https://www.alliedmarketresearch.com/connect-to-analyst/6892

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Acoustic Engineering Services Market is Globally Growing at a 7.8% CAGR in Upcoming Years here

News-ID: 2357078 • Views: 261

More Releases from Allied Market Research

Fantasy Sports Market in Asia-Pacific & Canada is Expected to Reach $3,739.8 Mil …
According to a new report published by Allied Market Research, titled, “Asia-Pacific & Canada Fantasy Sports Market by Sports Type, Platform, and Demographic: Regional Opportunity Analysis and Industry Forecast, 2021–2027,” Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019, and is projected to reach $3,739.8 million by 2027, growing at a CAGR of 10.7% from 2021 to 2027. Fantasy sport is played using internet where participants
Hammock Market Size Is Projected Reach $639.8 Million By 2030, Registering At A …
Surge in hiking and adventure tourism, rise in demand from residential segment, and expansion of hospitality industry drive the growth of the global hammock market. North America contributed to the highest share in terms of revenue in 2020. The outbreak of the COVID-19 pandemic has resulted in transition of consumers toward online sales channels to purchase campaigning gear products including hammocks. According to the report published by Allied Market Research, the
Cotton Personal-Care Product Market 2021: Top Factors That Are Leading The Deman …
A lead analyst at AMR highlighted the market across Europe region is expected to dominate in terms of revenues throughout the forecast period. Allied Market Research published a research report on the Cotton personal-care product market. The findings of the report states that the global market for Cotton personal-care product is expected to reach $19.15 billion by 2028, manifesting a CAGR of 4.6% from 2020 to 2028. The report provides valuable
Global Football Sportswear Market Growing Trade Among Emerging Economies Opening …
As per the report published by Allied Market Research, the global football sportswear market is estimated to reach $114.41 billion by 2027, growing at a CAGR of 5.3% from 2021 to 2027. The report highlights market characteristics, market potential, and growth by segmentation, and competitive landscape. Rise in sportswomen, surge in participation in football, and development in sportswear drive the growth of the global football sportswear market. Access Full Summary: https://www.alliedmarketresearch.com/football-sportswear-market-A09835 Chinese companies

All 5 Releases


More Releases for Engineering

ROTEC ENGINEERING - Engineering services from VISPIRON ROTEC
In addition to its measuring technology in the field of torsional vibration analysis, VISPIRON ROTEC has launched ROTEC ENGINEERING and now offers engineering services for complex measuring tasks. Due to the high demand on the part of VISPIRON ROTEC for services for demanding measurements and analyzes in the automotive sector, the company is expanding its offer to include engineering consulting. VISPIRON ROTEC is known for its market-leading measuring technology in
Digital Engineering Learning
In this world of Digitalization definately go for Online ELearning with edumateengg.com, they have their own application too! Edumateengg helps you with live engineering video lectures according to your year and subjects. This application even has previous years question paper attached to it along with syllabus! Want to predict your rank? Want to check out the best Engineering Colleges in Navi mumbai & mumbai? Definately Go for edumateengg.com leading application in India for
Edumateengg - Engineering College Review
College Review provide you with the virtual view of all the engineering colleges. You will get details about the seats intake, placements, infrastructure, crowds and every detail you need while selecting engineering college. Review here is given by student of those particular engineering college. Photos of college's fest and events will help you choose engineering college wisely. Check them at https://edumateengg.com/review Edumate engg is India’s 1st E-Learning App for Engineering Students With Best
Civil Engineering Services | Structural Engineering Consultant
We are leading civil and structural engineering consultants, providing structural design and civil engineering services By Ankit Patel, Friday, 28 July 2017 Our Company StrucCore is devoted for providing the best solutions, as well as results to clients by utilizing quality design & consulting services for architectural & engineering jobs. StrucCore has specialized in delivering services in various phases of Engineering and construction like Estimation/ Cost Analysis, Tendering, Architectural Planning, Structure Designing,
you.CONECT - Tomorrow’s Business Engineering
The mission of you.CONECT is to equip its audiences with the intelligence to understand a world shaped by technology. you.CONECT Events are designed to build and to develop a truly global trendsetting & technology driven community. Our platform specializes in high level business events that are designed to bring you closer to the people you need to meet on critical topics to network, learn and define the future of the
Evergreen Engineering Has Moved
After more than 26 years in the same location, Eugene-based Evergreen Engineering, Inc. has moved to new premises at 1740 Willow Creek Circle. Located in a modern campus setting in west Eugene, our new office offers easy access to freeways and the airport. Principal and co-founder Rich Bernhardt says, "We are growing and we need additional space as we expand. This move will allow us to continue to expand and