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The global automotive acoustic engineering service market size is expected to showcase significant growth by reaching USD 22.43 billion by 2027. The growth is attributable to the implementation of stringent government norms to reduce vehicular noise pollution that propels the demand for advanced automotive acoustic engineering services globally. Fortune Business Insights, in its latest report, titled, “Automotive Acoustic Engineering Services Market Size, Share & Covid-19 Impact Analysis, By System Type (Physical Testing, Virtual Testing), By Application Type (Interior, Drivetrain, Powertrain, Body, and Others), By Vehicle Type (Passenger Cars and Commercial Vehicles), and Regional Forecast, 2020-2027”, observes that the market stood at USD 14.24 billion in 2019 and is projected to exhibit a CAGR of 11.8% between 2020 and 2027.
Autoneum Launches Advanced Measurement System for Automotive Acoustics
In August 2020, Autoneum, an automotive component provider, announced the launch of an advanced measurement tool, ATLAS (Airborne Transmission Loss Analysis System). The company reports that the system accurately measures transmission loss and acoustic insulation of automotive components such as inner dashes, carpets, and floor insulators. This leads to an efficient assessment of noise-reducing parts for the customers and to select acoustic components tailored as per their needs.
The company has developed the system at their research center located in the Swiss city of Winterthur. The automotive acoustic engineering service system further includes highly sensitive microphones that require only two trials to collect valid and precise data. Such developments are expected to bode well for market growth.
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Stringent Vehicular Noise Reduction Norms by Government to Augment Growth
According to the World Health Organization (WHO), noise pollution is second only to air pollution that leads to severe implications on health. The growing incidence of traffic accidents due to distractions owing to noises within the vehicle has led the government to implement stringent vehicular noise reduction norms during the manufacturing of automotive components. This is expected to boost the adoption of advanced automotive acoustic engineering service solutions across the globe. Additionally, the rising automotive sector is expected to drive the global market during the forecast period.
Major Companies Focus on Product Innovation to Amplify Their Market Positions
The global market comprises small, medium, and large companies that are focusing on developing innovative automotive acoustic engineering service solutions to maintain their stronghold. Other key players are striving to maintain their presence by adopting strategies such as partnership and collaboration that will contribute to the growth of the market in the forthcoming years.
Industry Development:
List of the Companies Profiled in the Global Market for Automotive Acoustic Engineering Service:
Further Report Findings:
Table of Segmentation:
ATTRIBUTE | DETAILS |
Study Period | 2016-2027 |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Period | 2016-2018 |
Unit | Value (USD billion) |
Segmentation | By Application Type
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By System Type
| |
By Vehicle Type
| |
By Geography
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