Automotive Acoustic Engineering Services Market by Process, Offering, Application, Vehicle Type & Region - Global Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “Automotive Acoustic Engineering Services Market by Process, Offering, Application, Vehicle Type & Region - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
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.
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.
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 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.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Acoustic Engineering Services Market, By Process
7 Automotive Acoustic Engineering Services Market, By Offering
8 Automotive Acoustic Engineering Services Market, By Software
9 Automotive Acoustic Engineering Service Market, By Application
10 Automotive Acoustic Engineering Services Market, By Vehicle Type
11 Automotive Acoustic Engineering Services Market, By Region
12 Competitive Landscape
13 Company ProfilesAVL GmbH Siemens PLM Software Bertrandt EDAG Engineering Schaeffler FEV Continental IAV Autoneum STS Group Head Acoustics Brel & Kjr Iac Acoustics AZL M+P International Adler Pelzer Quiet Acoustic Engineering Vibratec Tata Consultancy Services Infosys Data Physics Corporation Signal.X Technologies For more information about this report visit https://www.researchandmarkets.com/research/sr9dm7/automotive?w=4
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SOURCE: Research and Markets
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PUB: 09/24/2018 05:45 AM/DISC: 09/24/2018 05:45 AM