Title: Automotive acoustic engineering services market is set to witness a stable cagr in the forecast period of 2019-2026
1Automotive Acoustic Engineering Services Market
is set to witness a stable CAGR in the forecast
period of 2019-2026
Automotive Acoustic Engineering Services
Market, By Process (Designing, Development,
Testing), By Offering (Physical, Virtual), By
Software (Calibration, Signal Analysis,
Simulation, Vibration), By Application
(Drivetrain, Powertrain, Body Structure,
Interior), By Vehicle Type (Light-Duty Vehicle,
Heavy-Duty Vehicle, Electric Hybrid Vehicle),
By Geography (Asia-Oceania, Europe, North
America, Rest of the World) Industry Trends and
Forecast to 2025
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2Report Description
The Global Automotive Acoustic Engineering
Services Market is set to witness a CAGR of 7.15
in the forecast period of 2018-2025, leading to a
rise in the estimated value of USD 4.08 billion
by the end of 2025, rising from its initial
estimated value of USD 2.35 billion. This can be
directly related to the rise in demand for
comfort in car cabins, luxury features by the
people. Also, increasing government regulations
about the permissible noise range of the vehicles
and the rising cost of Research Development has
driven the market forward. The Global Automotive
Acoustic Engineering Services Market is based on
the concept of reduction of noise emitted from
the vehicle. The noise emitted is originated from
different parts of the vehicle and hence, there
are various processes to reduce and regulate
these noises. These tests or processes are
carried out on the different applicable areas to
determine and regulate these noises.
3Major Key Players
- Some of the major players operating in this
market are - AVL List GmbH,
- Siemens Product Lifecycle Management Software
Inc., - Bertrandt,
- EDAG Engineering GmbH,
- Schaeffler AG,
- FEV Europe GmbH,
- Continental AG,
- IAV Automotive Engineering Inc.,
- Autoneum,
- STS Group AG
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4Market Segmentation
- By Process (Designing, Development, Testing)
- By Offering (Physical, Virtual)
- By Application (Drivetrain, Powertrain, Body
Structure, Interior)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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