Automotive Acoustic Engineering Services: Global Strategic Business Report

Global Automotive Acoustic Engineering Services Market to Reach $4.8 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Automotive Acoustic Engineering Services estimated at US$2.8 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at a CAGR of 8.2% over the analysis period 2020-2027. Virtual Acoustic Testing, one of the segments analyzed in the report, is projected to record 8% CAGR and reach US$3.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Physical Acoustic Testing segment is readjusted to a revised 8.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $810.8 Million, While China is Forecast to Grow at 7.8% CAGR

The Automotive Acoustic Engineering Services market in the U.S. is estimated at US$810.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$845.5 Million by the year 2027 trailing a CAGR of 7.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.8% and 6.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.

Select Competitors (Total 42 Featured) -

• Adler Pelzer
• Autoneum
• AVL GmbH
• AZL
• Bertrandt
• Brüel & Kjær
• Continental
• Data Physics Corporation
• EDAG Engineering
• FEV

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