Overview and Scope
Automotive acoustic engineering services refer to the services that are used in the process of noise cancellation from various car components to the point where it has no effect on the vehicle’s interior or exterior environment.
Sizing and Forecast
The automotive acoustic engineering services market size has grown rapidly in recent years. It will grow from $7.77 billion in 2023 to $8.63 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to increased consumer demand for quieter vehicles, advancements in automotive audio and entertainment systems, focus on enhancing overall vehicle comfort and ride quality, stringent regulations for noise pollution and emission standards, integration of acoustic engineering in luxury and premium vehicle segments..
The automotive acoustic engineering services market size is expected to see rapid growth in the next few years. It will grow to $13.01 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to rise in electric and hybrid vehicle adoption, growing emphasis on reducing overall vehicle weight for fuel efficiency, increasing demand for personalized in-car audio experiences, integration of acoustic engineering in autonomous vehicle development, rising demand for suvs. Major trends in the forecast period include application of machine learning for noise prediction and control, adoption of active noise control systems in vehicles, collaboration between automotive and audio industry players, customization of acoustic solutions for electric and autonomous vehicles, technological advancements in noise cancellation and soundproofing, .
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Segmentation & Regional Insights
The automotive acoustic engineering services market covered in this report is segmented –
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
Asia-Pacific was the largest region in the automotive acoustic engineering services market in 2023. The regions covered in the automotive acoustic engineering services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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. For instance, in December 2021, according to an article shared by the International Energy Agency, a France-based autonomous intergovernmental organization, throughout the pandemic, global SUV sales have been shown to be remarkably resilient, increasing by more than 10% between 2020 and 2021. SUV sales are expected to reach a new high in 2021 in terms of volume and market share, accounting for more than 45% of all new car sales worldwide. SUV sales are still rising quickly in several nations, including the United States, India, and Europe. Therefore, increasing sales of SUVs and MUVs are driving the automotive acoustic engineering services market.
Key Industry Players
Major companies operating in the automotive acoustic engineering services market report are AVL List GmbH, Autoneum Holdings AG, Bertrandt AG, Brüel & Kjær Vibro GmbH, EDA Engineering GmbH, FEV Group GmbH, HEAD acoustics GmbH, Schaeffler Engineering GmbH, Siemens Industry Software Inc, STS Group AG, IAC Acoustics, a division of Sound Seal Inc., Carcouistics, 3M Company, Dun & Bradstreet Inc., AZL Aachen GmbH, Robert Bosch GmbH, Continental AG, Adler Pelzer Holding GmbH, Kiwa NV, TÜV Rheinland Group, Eurofins Scientific SE, SEMISTRAS Group Inc., Element Materials Technology, SAI Global Limited, Lloyd’s Register Group Limited, National Technical Systems Inc., UL LLC, Exova Group Limited, Harman International, Vibro-Meter SA, Sound Answers Inc., Acoustic Design & Testing LLC
The automotive acoustic engineering services market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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