Press release
Global Automotive Acoustic Engineering Services Market Growth Prospects, Future Industry Landscape 2032 | AVL, Autoneum, Bertrandt AG, Brüel & Kjr, EDAG Engineering GmbH, FEV Group GmbH, HEAD acoustics GmbH
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Automotive Acoustic Engineering Services Market Size, Growth Rate, And Forecast
The global automotive acoustic engineering services market size grew from $7 billion in 2022 to $7.81 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive acoustic engineering services market size is expected to grow to $11.75 billion in 2027 at a CAGR of 10.8%.
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Automotive Acoustic Engineering Services Market Drivers
The increase in sales of SUVs and MUVs are expected to propel the growth of the automotive acoustic engineering services market going forward. Sports utility vehicles (SUVs) refer to a class of vehicle that is elevated off the ground, frequently has four-wheel drive, and has a rough appearance. Automotive acoustic engineering services help SUVs and MUVs by providing soundproofing solutions to lower engine noise.
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Automotive Acoustic Engineering Services Market Segments
1) By Offering: Physical Acoustic Testing, Virtual Acoustic Testing
2) By Software: Vibration, Simulation, Signal analysis, Calibration
3) By Vehicle: Passenger Vehicle, Commercial Vehicle, Electric Vehicles
4) By Application: Interior, Body & Structure, Powertrain, Drivetrain
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Acoustic Engineering Services market.
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Automotive Acoustic Engineering Services Market Key Players
Major players in the automotive acoustic engineering services market are AVL, Autoneum, Bertrandt AG, Brüel & Kjr, EDAG Engineering GmbH, FEV Group GmbH, HEAD acoustics GmbH, Schaeffler Engineering GmbH, Siemens Industry Software Inc., STS Group AG, IAC Acounstics, Carcoustics, 3M, Dun & Bradstreet Inc., and AZL Aachen GmbH.
The Business Research Company's "Global Automotive Acoustic Engineering Services Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Automotive Acoustic Engineering Services Market Include:
1. Executive Summary
2. Automotive Acoustic Engineering Services market Characteristics
3. Automotive Acoustic Engineering Services market Trends And Strategies
4. Automotive Acoustic Engineering Services market - Macro Economic Scenario
5. Automotive Acoustic Engineering Services market Size And Growth
……
27. Automotive Acoustic Engineering Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Acoustic Engineering Services market
29. Automotive Acoustic Engineering Services market Future Outlook and Potential Analysis
30. Appendix
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