The Automotive Acoustic Engineering Services Market Size was valued at USD 3.75 billion in 2023 and is expected to reach USD 7.10 billion by 2031 and grow at a CAGR of 7.9% over the forecast period 2024-2031.
An automotive acoustic engineering service may be defined as the process of noise cancellation from various vehicular components to such an extent that it does not damage either the interior or exterior environment of the vehicle. Due to the fact that various components in an automobile, such as the engine and the motor, have wider applicability, they eventually make noise that is unacceptable; this noise can be managed with the assistance of acoustic engineering services. These various services have been used by multiple car manufacturers as a means of reducing the noise that their vehicles produce, hence finding a wider reach in the market internationally. Additionally, with the introduction of modern automobiles across the globe, several noise reduction strategies in the form of software have been launched. This has a substantial contribution to make to the growth of the global automotive acoustic engineering services market.
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The Automotive Acoustic Engineering Services Market is currently undergoing a dynamic phase characterized by a exact interplay between demand and supply factors. As the automotive industry continues to evolve towards electric and autonomous vehicles, the need for refined acoustic engineering services has surged. Key market players, including AVL, Siemens PLM Software, and ESI Group, are witnessing heightened demand for their expertise in mitigating noise, vibration, and harshness (NVH) challenges in cutting-edge automotive designs. This surge in demand is intricately linked to the industry's pursuit of creating quieter and more comfortable vehicles, aligning with consumer preferences for a refined driving experience. Simultaneously, the supply side of the market has responded skillfully, with these leading engineering service providers expanding their portfolios to offer comprehensive solutions encompassing advanced simulation tools, innovative testing methodologies, and bespoke acoustic design strategies. This equilibrium between growing demand and a responsive supply chain underscores the crucial role of Automotive Acoustic Engineering Services in shaping the future of automotive acoustics.
KEY DRIVERS:
Regulations imposed by the government with regard to the volume of vehicle noise.
A growing preference among consumers for upgraded levels of cabin comfort and luxury amenities.
An increase in the number of sales of luxury automobiles.
RESTRAINTS:
The market is hampered by the availability of various testing equipment based on the kind of vehicle.
Enterprises choose to rent acoustic testing equipment, stifling the market.
Rental and used acoustic testing equipment is becoming more popular.
The Automotive Acoustic Engineering Services Market is currently witnessing a notable surge in partnership with a significant uptick in the sales of luxury automobiles. Key players in the automotive industry, including NVH (Noise, Vibration, and Harshness) engineering specialists such as AVL, Bertrandt AG, and Siemens PLM Software, are experiencing heightened demand for their acoustic engineering services. This surge can be attributed to the escalating consumer preference for premium and luxury vehicles, where a seamless and refined acoustic experience has become a crucial element of the overall driving experience.
OPPORTUNITIES:
An increase in the trend of engine reduction is expected to provide profitable chances for growth.
Increasing tendency toward the downsizing of engines.
CHALLENGES:
High starting costs and difficulty entering the market.
Problems with noise pollution caused by electric vehicles.
The Automotive Acoustic Engineering Services Market presents a formidable landscape characterized by high starting costs and significant barriers to entry, posing challenges for potential market participants. The complexity of acoustic engineering, coupled with the need for specialized knowledge and advanced technologies, contributes to elevated initial investment requirements. Companies aspiring to enter this market face substantial costs associated with research and development, testing, and the acquisition of state-of-the-art equipment. Furthermore, the intricacies involved in designing and implementing effective acoustic solutions for automobiles necessitate a profound understanding of both engineering principles and evolving industry standards.
The Russia-Ukraine war has triggered significant repercussions across various industries, and the Automotive Acoustic Engineering Services Market is no exception. The geopolitical tensions have led to disruptions in the global supply chain, affecting the production and distribution of automotive components, including those related to acoustic engineering services. As both Russia and Ukraine play key roles in the manufacturing of crucial materials for the automotive sector, such as metals and electronic components, the conflict has resulted in shortages, price fluctuations by approx. 10%, and increased uncertainty. This turbulence has compelled automotive acoustic engineering service providers to reevaluate their strategies, sourcing alternatives, and risk mitigation measures. Furthermore, the escalation of geopolitical instability has introduced a higher level of caution among industry players, impacting investment decisions mainly by 10 to 20% and potentially slowing down innovation in the automotive acoustic engineering domain. Companies operating in this market are faced with the challenge of navigating through these unprecedented circumstances, emphasizing the need for adaptive strategies and resilient supply chain management to ensure the sustained growth of the Automotive Acoustic Engineering Services Market amidst these geopolitical challenges.
The demand for acoustic engineering services in the automotive sector, while inherently tied to industry growth, has witnessed a minute transformation. Key players, recognizing the imperative of cost optimization, are re-evaluating their research and development expenditures, focusing on innovative solutions that offer maximum value. The economic headwinds have spurred a heightened emphasis on strategic collaborations and partnerships to share both risks and resources. In this landscape, adaptability emerges as the linchpin for sustained competitiveness, with key players poised to navigate the complexities of the economic slowdown by fostering agility and innovation within their automotive acoustic engineering services portfolios.
The global market has been divided into Physical Acoustic Testing, and Virtual Acoustic Testing based on the type segment. Because of the increasing use of virtual testing systems for promptly identifying problems in vehicles, the virtual testing industry currently holds a 49% market share and is expected to rise significantly over the next several years. This is due to the fact that virtual testing systems can detect faults more quickly and accurately than traditional testing methods.
The global market has been divided into Interior, Body & Structure, Powertrain, and Drivetrain based on the application segment. As a result of the increased demand for car cabins that are comfortable, secure, and free of noise, the interior category is anticipated to dominate the market during the period covered by the forecast. It is predicted that the powertrain category would be the second-largest market segment over the forecast period. Noise pollution and disruption to drivers are caused by powertrain components.
The global market has been divided into passenger cars and commercial vehicles based on the vehicle type segment. During the projection period, the passenger car category is expected to hold the greatest share of the market. The market for commercial vehicles is likely to develop significantly during the next few years.
By Offering:
Physical Acoustic Testing
Virtual Acoustic Testing
By Application:
Interior
Body & Structure
Powertrain
Drivetrain
By Vehicle Type:
Passenger cars
Commercial vehicles
REGIONAL COVERAGE:
North America
The USA
Canada
Mexico
Europe
Germany
The UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
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The landscape of the Automotive Acoustic Engineering Services Market displays distinct regional nuances. In 2023, North America, boasting a well-established automotive sector and stringent noise regulations, commanded a substantial market share of approximately 35%. This supremacy is poised to endure, driven by the sustained demand for high-end vehicles and the escalating shift towards electrification, posing novel acoustic challenges. Following closely, Europe secured nearly 30% of the market share, propelled by analogous factors and robust regulations such as the European Union's Noise Emission Standards for Vehicles. Nevertheless, the Asia Pacific region is anticipated to undergo the most rapid growth in the foreseeable future, propelled by a thriving automotive market and increasing disposable incomes, especially in the dynamic markets of China and India. This regional breakdown underscores the importance of tailoring acoustic engineering services to address the unique requirements and growth potentials of each geographical market.
Siemens Industry Software Inc., Robert Bosch, AVL, Bertrandt AG, Brüel & Kjær, EDAG Engineering GmbH, FEV Group GmbH, HEAD acoustics GmbH, Autoneum, Schaeffler Engineering GmbH, and STS Group AG are some of the affluent competitors with significant market share in the Automotive Acoustic Engineering Services Market.
AVL List GmbH, a stalwart in automotive engineering solutions, has introduced cutting-edge acoustic simulation technologies, providing clients with comprehensive tools for noise and vibration analysis.
HEAD acoustics GmbH has unveiled advanced sound quality evaluation systems, elevating the benchmark for in-vehicle audio experiences.
Siemens PLM Software, a global leader in digital solutions, has pioneered the integration of artificial intelligence in acoustic engineering processes, optimizing efficiency and precision.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 3.75 Billion |
| Market Size by 2031 | US$ 7.10 Billion |
| CAGR | CAGR of 7.6% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Offering (Physical Acoustic Testing, Virtual Acoustic Testing) • by Application (Interior, Body & Structure, Powertrain, Drivetrain) • by Vehicle Type (Passenger cars, Commercial vehicles) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Siemens Industry Software Inc., Robert Bosch, AVL, Bertrandt AG, Brüel & Kjær, EDAG Engineering GmbH, FEV Group GmbH, HEAD acoustics GmbH, Autoneum, Schaeffler Engineering GmbH, and STS Group AG |
| Key Drivers | •Regulations imposed by the government with regard to the volume of vehicle noise. •A growing preference among consumers for upgraded levels of cabin comfort and luxury amenities. |
| RESTRAINTS | •The market is hampered by the availability of various testing equipment based on the kind of vehicle. •Enterprises choose to rent acoustic testing equipment, stifling the market. |
Ans:- Automotive Acoustic Engineering Services Market Size was valued at USD 3.75 billion in 2023 and is expected to reach USD 7.10 billion by 2031 and grow at a CAGR of 7.9% over the forecast period 2024-2031..
Ans:- Offerings, Applications, and Vehicle types are the different segments of the market.
Ans:- High starting costs and problems with noise pollution caused by electric vehicles are the most significant obstacles facing the Automotive Acoustic Engineering Services Market.
Ans;- Yes.
Ans:- Raw material vendors, Distributors/traders/wholesalers/suppliers, including government agencies and NGOs, Commercial research & development (R&D) institutions, Importers and exporters, Trade/Industrial associations, and End-use industries are the stakeholder of this report.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Global Automotive Acoustic Engineering Services Market Segmentation, By Offerings
9.1 Introduction
9.2 Trend Analysis
9.3 Physical Acoustic Testing
9.4 Virtual Acoustic Testing
10. Global Automotive Acoustic Engineering Services Market Segmentation, By Application
10.1 Introduction
10.2 Trend Analysis
10.3 Interior
10.4 Body & Structure
10.5 Powertrain
10.6 Drivetrain
11. Global Automotive Acoustic Engineering Services Market Segmentation, By Vehicle Type
11.1 Introduction
11.2 Trend Analysis
11.1 Passenger cars
11.2 Commercial vehicles
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Poland
12.3.1.2 Romania
12.3.1.3 Hungary
12.3.1.4 Turkey
12.3.1.5 Rest of Eastern Europe
12.3.2 Western Europe
12.3.2.1 Germany
12.3.2.2 France
12.3.2.3 UK
12.3.2.4 Italy
12.3.2.5 Spain
12.3.2.6 Netherlands
12.3.2.7 Switzerland
12.3.2.8 Austria
12.3.2.9 Rest of Western Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 India
12.4.3 Japan
12.4.4 South Korea
12.4.5 Vietnam
12.4.6 Singapore
12.4.7 Australia
12.4.8 Rest of Asia Pacific
12.5 The Middle East & Africa
12.5.1 Middle East
12.5.1.1 UAE
12.5.1.2 Egypt
12.5.1.3 Saudi Arabia
12.5.1.4 Qatar
12.5.1.5 Rest of the Middle East
11.5.2 Africa
12.5.2.1 Nigeria
12.5.2.2 South Africa
12.5.2.3 Rest of Africa
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Colombia
12.6.4 Rest of Latin America
13. Company Profiles
13.1 Siemens Industry Software Inc.,
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Robert Bosch
13.3 Bertrandt AG
13.4 Brüel & Kjær
13.5 EDAG Engineering GmbH
13.6 FEV Group GmbH
13.7 HEAD acoustics GmbH
13.8 Autoneum
13.9 Schaeffler Engineering GmbH
13.10 STS Group AG
13.11 AVL
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
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