Automotive Acoustic Engineering Services Market by Process, Offering, Application, Vehicle Type & Region - Global Forecast to 2025

  • ID: 4621809
  • Report
  • Region: Global
  • 142 Pages
  • Markets and Markets
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The Automotive Acoustic Engineering Services Market is Projected to Grow at a CAGR of 7.42% During the Forecast Period, to Reach a Market Size of USD 4.04 Billion by 2025 From USD 2.45 Billion in 2018.

FEATURED COMPANIES

  • Adler Pelzer
  • AVL GmbH
  • Brüel & Kjær
  • EDAG Engineering
  • Iac Acoustics
  • M+P International
  • MORE

“OEM's Focus on the reduction of R&D costs and lower product development time and rising customer preference for enhanced cabin comfort and luxury features have boosted the demand for acoustic engineering services”

The automotive acoustic engineering services market is projected to grow at a CAGR of 7.42% during the forecast period, to reach a market size of USD 4.04 billion by 2025 from USD 2.45 billion in 2018. Factors such as the introduction of stringent regulatory norms pertaining to vehicle noise for ICE, electric & hybrid vehicles and increasing customer preference for enhanced cabin comfort and luxury features are expected to drive the growth of this market. Alternatively, the increased usage of rental & used acoustic testing equipment, high capital investment, and entry barriers are some of the few concerns of this market.

Virtual Acoustic Testing is projected to grow at the highest rate in the automotive acoustic engineering services market, by offering, during the forecast period

The automotive industry has witnessed a transition from physical testing to virtual testing and simulation practices. This transition helps reduce the R&D cost associated with physical testing and saves development time. Multiple prototypes of automotive components/complete vehicle assembly are virtually tested with different variables at a fraction of a cost to keep the noise level within the permissible range as suggested by regulatory authorities. According to a primary respondent, companies usually spend 70% of the time on virtual testing for a new product launch. According to an article published by MSC Software, virtual testing provides a better understanding of a product’s performance and thus enables the user to develop a more precise product. Almost every vehicle component is compatible with virtual testing and simulation process. Global automotive manufacturers are outsourcing projects for virtual vehicle testing that would bring immense business opportunities for virtual acoustic testing service providers such as TCS, Infosys, Siemens, HP, Accenture, and Intel in the coming years.

Body & Structure is projected to lead the automotive acoustic engineering services market, by application, during the forecast period

Body & structure is a prime source of structure-borne noise in a vehicle. Vehicle components such as the instrument panel, steering, doors, tires, suspension, infotainment, and telematics systems are mounted on the vehicle body and contribute the maximum noise that enters the cabin. Thus, the acoustic engineering for body & structure would involve the calculation and analyzing the design and acoustical parameters to reduce the noise and vibration. As per a primary insight, key OEMs including Volkswagen, Ford, Hyundai, and BMW are sending the body in white (BIW) for acoustic testing. Also, stringent norms for emission level reduction and increased fuel efficiency have driven focus on vehicle light-weighting. A study published by Siemens suggests that a 10% reduction in body weight increases the fuel economy by 6%–8%. Thus, the usage of lightweight materials such as high strength steel (HSS), aluminum (Al), magnesium, and titanium has increased significantly, which in turn has accentuated the need for enhanced acoustical refinement to restrict the structural-borne noise. Thus, body & structure is a key focus area for OEMs that spurs the demand for acoustic engineering services market.

Europe Middle East & Africa (EMEA) and Asia Pacific are expected to be the largest and fastest growing markets for automotive acoustic engineering services, respectively

EMEA is estimated to be the largest market for automotive acoustic engineering services due to the high demand for premium vehicles in key European countries such as Germany, France, and the UK. As per MarketsandMarkets analysis, the share of premium cars in the total passenger car production in Germany & France was estimated to be nearly 81–83% and 75-77% in 2017, respectively. By 2025, the share of premium cars in these two countries is expected to reach 92–93% and 82–84%, respectively. The increasing demand for premium cars has accentuated the need to improve noise simulation and calibration, which can be achieved with the help of acoustic engineering practices. Thus, the increasing sale of premium cars, which is projected to show linear growth, would drive the market for automotive acoustic engineering services in Europe.
Asia Pacific is estimated to be the fastest growing market for automotive acoustic engineering services. China, Japan, and India are the key markets for acoustic engineering services owing to increased vehicle production in these countries. Also, these countries along with some others are gaining new projects from foreign OEMs and Tier-1’s due to the presence of technology giants such as TCS, Infosys, and HP. The increasing preference of customers for superior cabin comfort with quieter characteristics and growing number of outsourcing projects in the Asian countries would fuel the market for acoustic engineering services in the future.

BREAKDOWN OF PRIMARIES

The study contains insights of various industry experts, ranging from engineering service providers (ESP) to Automotive OEMs and Tier-1 suppliers. The break-up of the primaries is as follows:

  • By Company Type – ESP– 52%, Automotive OEMs - 31%, and Tier-1- 17%
  • By Designation - C-level - 48%, D-Level – 36%, and Others –16%
  • By Region – Europe - 43%, Americas - 32%, and Asia Pacific - 25%

Research Coverage

The primary objective of the study is to define, describe, and forecast the automotive acoustic engineering services market by offering, process, software, application, vehicle type (ICE & electric & hybrid vehicle), and region. It analyzes the opportunities offered by various segments of the market to the stakeholders. It tracks and analyzes competitive developments such as market ranking analysis, expansions, joint ventures, acquisitions, and other industry activities carried out by key industry participants.

Reasons for buying the report

  • The study analyzes the automotive acoustic engineering services market, in terms of value, at the country and regional level based on processes such as designing, development, and testing.
  • The study also provides qualitative and quantitative analysis of the market by software (calibration, signal analysis, simulation, vibration, & others), application (drivetrain, powertrain, body & structure, interior, and others), and vehicle type.
  • The report provides the competitive landscape and company profiles of key players, which reflect the market ranking analysis of leading players along with the dominant strategy adopted by these stakeholders to retain their position.
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FEATURED COMPANIES

  • Adler Pelzer
  • AVL GmbH
  • Brüel & Kjær
  • EDAG Engineering
  • Iac Acoustics
  • M+P International
  • MORE

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Automotive Acoustic Engineering Services – Global Market & Forecast
4.2 Automotive Acoustic Engineering Services Market, By Region
4.3 Automotive Acoustic Engineering Services Market, By Process
4.4 Automotive Acoustic Engineering Services Market, By Offering
4.5 Automotive Acoustic Engineering Services Market, By Software
4.6 Automotive Acoustic Engineering Services Market, By Application
4.7 Automotive Acoustic Engineering Services Market, By Vehicle Type

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
       5.2.1 Drivers
                5.2.1.1 Government Regulations Pertaining to Vehicle Noise
                5.2.1.2 Rising Customer Preference for Enhanced Cabin Comfort and Luxury Features
                           5.2.1.2.1 Increase in the Sales of Premium Vehicles
                           5.2.1.2.2 Rising Sales of Sport Utility Vehicles (Suv)/Multi Utility Vehicles (Muv)
       5.2.2 Restraints
                5.2.2.1 Increased Usage of Rental and Used Acoustic Testing Equipment
                5.2.2.2 High Capital Investment and Entry Barriers
       5.2.3 Opportunities
                5.2.3.1 Rising Trend of Engine Downsizing
       5.2.4 Challenges
                5.2.4.1 Acoustical Challenge for Electric Vehicles

6 Automotive Acoustic Engineering Services Market, By Process

6.1 Introduction
6.2 Designing
6.3 Development
6.4 Testing

7 Automotive Acoustic Engineering Services Market, By Offering

7.1 Introduction
7.2 Physical Acoustic Testing
7.3 Virtual Acoustic Testing

8 Automotive Acoustic Engineering Services Market, By Software

8.1 Introduction
8.2 Calibration
8.3 Signal Analysis
8.4 Simulation
8.5 Vibration
8.6 Others

9 Automotive Acoustic Engineering Service Market, By Application

9.1 Introduction
9.2 Drivetrain
9.3 Powertrain
9.4 Body & Structure
9.5 Interior
9.6 Others

10 Automotive Acoustic Engineering Services Market, By Vehicle Type

10.1 Introduction
10.2 Light-Duty Vehicles (LDV)
10.3 Heavy-Duty Vehicles (HDV)
10.4 Electric & Hybrid Vehicles

11 Automotive Acoustic Engineering Services Market, By Region
 
11.1 Introduction
11.2 Asia Pacific
        11.2.1 China
        11.2.2 India
        11.2.3 Japan
        11.2.4 South Korea
        11.2.5 Thailand
        11.2.6 Asia Pacific Others
11.3 Europe, Middle East & Africa
        11.3.1 France
        11.3.2 Germany
        11.3.3 Spain
        11.3.4 Russia
        11.3.5 Sweden
        11.3.6 UK
        11.3.7 EMEA Others
11.4 Americas
        11.4.1 Brazil
        11.4.2 Canada
        11.4.3 Mexico
        11.4.4 US
        11.4.5 Americas Others

12 Competitive Landscape

12.1 Overview
12.2 Automotive Acoustic Engineering Services Market: Market Ranking Analysis
12.3 Competitive Scenario
        12.3.1 Expansions
        12.3.2 Joint Ventures/Collaborations/Partnerships
        12.3.3 New Product Developments
        12.3.4 Mergers & Acquisitions

13 Company Profile

13.1 AVL GmbH
13.2 Siemens PLM  Software
13.3 Bertrandt
13.4 EDAG Engineering
13.5 Schaeffler
13.6 FEV
13.7 Continental
13.8 IAV
13.9 Autoneum
13.10 STS Group
13.11 Head Acoustics
13.12 Brüel & Kjær
13.13 Additional Company Profiling
        13.13.1 Europe
                   13.13.1.1 Iac Acoustics
                   13.13.1.2 AZL
                   13.13.1.3 M+P International
                   13.13.1.4 Adler Pelzer
                   13.13.1.5 Quiet Acoustic Engineering
                   13.13.1.6 Vibratec
        13.13.2 Asia Pacific
                   13.13.2.1 Tata Consultancy Services
                   13.13.2.2 Infosys
        13.13.3 Americas
                   13.13.3.1 Data Physics Corporation
                   13.13.3.2 Signal.X Technologies

14 Appendix
    
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Available Customizations
        14.4.1 Automotive Acoustic Engineering Services Application Market,
        By Vehicle Type 139
           14.4.1.1 Light Duty Vehicles
           14.4.1.2 Heavy Duty Vehicles
           14.4.1.3 Electric & Hybrid Vehicles
14.4.2 Automotive Acoustic Engineering Services Offering Market,
By Vehicle Type 139
                   14.4.2.1 Light Duty Vehicles
                   14.4.2.2 Heavy Duty Vehicles
                   14.4.2.3 Electric & Hybrid Vehicles
        14.4.3 Detailed Analysis and Profiling of Additional Market Players (Upto 3)
14.5 Related Reports
14.6 Author Details

List of Tables

Table 1 Currency Exchange Rates (W.R.T. Per USD)
Table 2 Different Government Associations Responsible for Vehicle Noise Limits
Table 3 Average Rental Cost of Acoustic Testing Equipment, 2016–2017
Table 4 Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 5 Designing: Market, By Region, 2016–2025 (USD Million)
Table 6 Development: Market, By Region, 2016–2025 (USD Million)
Table 7 Testing: Market, By Region, 2016–2025 (USD Million)
Table 8 Automotive Acoustic Engineering Services Market, By Offering, 2016–2025 (USD Million)
Table 9 Physical Acoustic Testing: Market, By Region, 2016–2025 (USD Million)
Table 10 Virtual Acoustic Testing: Market, By Region, 2016-2025 (USD Million)
Table 11 Automotive Acoustic Engineering Services Market, By Software, 2016–2025 (USD Million)
Table 12 Calibration: Market, By Region, 2016–2025 (USD Million)
Table 13 Signal Analysis: Market, By Region, 2016–2025 (USD Million)
Table 14 Simulation: Market, By Region, 2016–2025 (USD Million)
Table 15 Vibration: Market, By Region, 2016–2025 (USD Million)
Table 16 Others: Market, By Region, 2016–2025 (USD Million)
Table 17 Percent Noise Contribution of Different Vehicle Systems Into Total Noise
Table 18 Automotive Acoustic Engineering Services Market, By Application, 2016–2025 (USD Million)
Table 19 Drivetrain: Market, By Region, 2016–2025 (USD Million)
Table 20 Powertrain: Market, By Region, 2016–2025 (USD Million)
Table 21 Body & Structure: Automotive Acoustic Engineering Services Market, By Region, 2016–2025 (USD Million)
Table 22 Interior: Market, By Region, 2016–2025 (USD Million)
Table 23 Others: Market, By Region, 2016–2025 (USD Million)
Table 24 Automotive Acoustic Engineering Services Market, By Vehicle Type, 2016–2025 (USD Million)
Table 25 LDV: Market, By Region, 2016–2025 (USD Million)
Table 26 HDV: Market, By Region, 2016–2025 (USD Million)
Table 27 Electric & Hybrid Vehicles: Market, By Region, 2016–2025 (USD Million)
Table 28 Automotive Acoustic Engineering Services Market, By Region, 2016–2025 (USD Million)
Table 29 Asia Pacific: Automotive Acoustic Engineering Services Market, By Country, 2016–2025 (USD Million)
Table 30 China: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 31 China: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 32 India: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 33 India: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 34 Japan: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 35 Japan: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 36 South Korea: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 37 South Korea: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 38 Thailand: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 39 Thailand: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 40 Asia Pacific Others: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 41 Asia Pacific Others: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 42 EMEA: Automotive Acoustic Engineering Services Market, By Country, 2016–2025 (USD Million)
Table 43 France: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 44 France: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 45 Germany: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 46 Germany: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 47 Spain: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 48 Spain: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 49 Russia: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 50 Russia: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 51 Sweden: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 52 Sweden: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 53 UK: Automotive Acoustic Engineering Services Market,By Process, 2016–2025 (USD Million)
Table 54 UK: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 55 EMEA Others: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 56 EMEA Others: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 57 Americas: Automotive Acoustic Engineering Services Market, By Country, 2016–2025 (USD Million)
Table 58 Brazil: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 59 Brazil: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 60 Canada: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 61 Canada: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 62 Mexico: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 63 Mexico: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 64 US: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 65 US: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 66 Americas Others: Automotive Acoustic Engineering Services Market, By Process, 2016–2025 (USD Million)
Table 67 Americas Others: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 68 Automotive Acoustic Engineering Services Market: Market Ranking Analysis, 2017
Table 69 Expansions, 2017–2018
Table 70 Joint Ventures/Collaborations Partnerships, 2015–2017
Table 71 New Product Developments, 2015–2017
Table 72 Merger & Acquisitions, 2016

List of Figures

Figure 1 Automotive Acoustic Engineering Services: Market Segmentation
Figure 2 Automotive Acoustic Engineering Services Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Top-Down Approach: Automotive Acoustic Engineering Services Market
Figure 6 Data Triangulation
Figure 7 Automotive Acoustic Engineering Services Market: Market Outlook
Figure 8 Automotive Acoustic Engineering Services Market, By Process & Region, 2018 (USD Million)
Figure 9 Stringent Norms and Rising Preference for Cabin Comfort are Expected to Drive The Acoustic Engineering Services Market
Figure 10 EMEA is Estimated to Be The Leading Market, Whereas Designing is Estimated to Be The Largest Process Segment OfServices Market, 2018 33
Figure 11 Designing Process is Anticipated to Be The Largest and Fastest Growing Market During The Forecast Period, 2018 vs. 2025 (USD Billion)
Figure 12 Virtual Acoustic Testing is Estimated to Dominate The Automotive Acoustic Engineering Services Market, 2017 vs. 2025 (USD Billion)
Figure 13 Simulation Holds The Largest Share of Automotive Acoustic Engineering Services Market, 2018 vs. 2025 (USD Billion)
Figure 14 Body & Structure Holds The Largest Share of The Automotive Acoustic Engineering Services Market, 2018 vs. 2025 (USD Billion)
Figure 15 Light-Duty Vehicles Segment Constitutes The Largest Share of The Automotive Acoustic Engineering Services Market, 2018 vs. 2025 (USD 36
Figure 16 Automotive Acoustic Engineering Services: Market Dynamics
Figure 17 Premium Car Sales, By Region, 2012–2016 (‘000 Units)
Figure 18 Global Suv Production, By Region, 2015–2020 (‘000 Units)
Figure 19 Global Electric Vehicle Sales, 2016–2025 (‘000 Units)
Figure 20 Automotive Acoustic Engineering Services Market, By Process, 2018–2025 (USD Million)
Figure 21 Market, By Offering, 2018–2025 (USD Million)
Figure 22 Market, By Software, 2018–2025 (USD Million)
Figure 23 Market Share, By Application, 2018 (USD Million)
Figure 24 Market, By Vehicle Type, 2016–2025 (USD Million)
Figure 25 Market, By Region, 2018–2025 (USD Million)
Figure 26 Asia Pacific: Automotive Acoustic Engineering Services Market Snapshot
Figure 27 EMEA: Automotive Acoustic Engineering Services Market Snapshot
Figure 28 Companies Adopted New Product Developments as The Key Growth Strategy, 2014–2018
Figure 29 Siemens PLM  Software: Company Snapshot
Figure 30 Bertrandt: Company Snapshot
Figure 31 EDAG Engineering: Company Snapshot
Figure 32 Schaeffler: Company Snapshot
Figure 33 Company Snapshot: Continental
Figure 34 Autoneum: Company Snapshot
Figure 35 STS Group: Company Snapshot

Note: Product cover images may vary from those shown
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  • AVL
  • Siemens PLM
  • Bertrandt
  • Schaeffler
  • EDAG Engineering
  • Continental
  • FEV
  • Autoneum
  • IAV
  • AVL GmbH
  • STS Group
  • Head Acoustics
  • Brüel & Kjær
  • Iac Acoustics
  • AZL
  • M+P International
  • Adler Pelzer
  • Quiet Acoustic Engineering
  • Vibratec
  • Tata Consultancy Services
  • Infosys
  • Data Physics Corporation
  • Signal.X Technologies
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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