Automotive Acoustic Engineering Services Statistics - 2027
The global automotive acoustic engineering services market was valued at $2.61 billion in 2019, and is projected to reach $4.80 billion by 2027, registering a CAGR of 7.8%.
Automotive acoustic engineering service is defined as the process of noise cancellation from different vehicular components to such an extent that it does not affect the inner as well as the outer environment of the vehicle. Since numerous components such as engine and motor have a wider application in an automobile, they eventually produce intolerable noise, which is controlled with the help of acoustic engineering services. These different services have been adopted by numerous vehicle manufacturers to reduce the noise of their vehicles, thus finding a broader scope in the global market. In addition, with the introduction of advanced vehicles across the globe, numerous noise reduction techniques in the form of software have been introduced, which significantly contributes toward the growth of the global automotive acoustic engineering services market.
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Major Market Players:• AVL• Autoneum• Bertrandt AG• Brüel & Kjær• EDAG Engineering GmbH• FEV Group GmbH• HEAD acoustics GmbH• Schaeffler Engineering GmbH• Siemens Industry Software Inc• STS Group AG
Factors such as implementation of stringent government regulations pertaining to vehicle noise and rise in customer preference for enhanced cabin comfort & luxury features supplement the growth of the global market. However, high investment cost related to automotive acoustic engineering services has led to shift in consumer preference toward usage of rental and used acoustic testing equipment, which significantly hampers the growth of the global market. On the contrary, rise in trend of engine downsizing is expected to offer remunerative opportunities for the expansion of the market during the forecast period.
The global automotive acoustic engineering services market is segmented into offering, software used, application, vehicle type, and region. Depending on offering, the market is categorized into physical acoustic testing, and virtual acoustic testing. By software used, it is segregated into vibration, simulation, signal analysis, and calibration. The applications covered in the study include interior, body & structure, powertrain, and drivetrain. On the basis of vehicle type, the market is fragmented into passenger vehicles, commercial vehicles, and electric vehicles. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Noise is one of the most frequent ecological problems in the community. Vehicles produce more noise when they are equipped with different components such as engine and chassis. Internal combustion engine (ICE) based engines majorly produce more noise, due to the combustion process carried out within them. This noise produced by vehicles disturbs the driver and creates a negative impact on the surroundings. Thus, stringent government regulations have been implemented to reduce the vehicle noise. The United Nations Economic Commission for Europe (UNECE) published a series of 137 regulations on vehicle noise, starting from Directive 70/157/??? in 1970. In addition, the International Organization for Standardization (ISO) and its Technical Committee 43 (ISO/TC 43) are dealing with global acoustics problems, some of which are related to vehicle noise problems. Thus, enforcement of regulations across the globe drive need for incorporation of automotive acoustic engineering equipment in automotive, which fuels the growth of the global automotive acoustic engineering services market.
Presently, every customer's preference is for comfortable cabin experience in vehicle. Customers require luxury features such as the cabin infotainment system and electronic controls in the vehicle cabin, which lead to the growth of the global market. However, deployment of these systems result in airborne noise, structure noise, and other such noise, which, in turn, augment the adoption of automotive acoustic services in the automobile industry. Other noise sources such as tires, door interiors, roof & floor, and trunk panels are added to the interior cabin noise, which can be reduced by the usage of automotive acoustic engineering services with the help of virtual and physical testing & simulation, thereby providing driving comfort to customers. Thus, all these factors significantly contribute toward the growth of the global market.
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Key Benefits For Stakeholders• This study presents the analytical depiction of the global automotive acoustic engineering services market analysis along with the current trends and future estimations to depict imminent investment pockets.• The overall automotive acoustic engineering services market opportunity is determined by understanding profitable trends to gain a stronger foothold.• The report presents information related to the key drivers, restraints, and opportunities of the global automotive acoustic engineering services market with a detailed impact analysis.• The current automotive acoustic engineering services market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
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