Selbyville, Delaware, Sept. 11, 2024 (GLOBE NEWSWIRE) --
The automotive acoustic engineering services market valuation is predicted to exceed 11.2 billion by 2032, as reported in a research study by Global Market Insights Inc.
Advancements in automotive technology and growing consumer demand for enhanced audio quality will catalyze industry growth over 2024–2032. As vehicles increasingly incorporate sophisticated sound systems, the need for advanced acoustic solutions becomes crucial. Innovations such as high-performance digital signal processors and real-time audio processing are enhancing in-vehicle audio experiences. Also, rising consumer expectations for superior sound quality push automotive manufacturers to invest in cutting-edge acoustic technologies and engineering services, further fueling automotive acoustic engineering services market growth.
For instance, in July 2023, Asahi Kasei Microdevices (AKM) introduced the AK7709VQ multicore DSP for automotive use, designed to deliver real-time processing for advanced in-vehicle sound systems, enhancing passenger audio experiences. This new DSP highlights the growing focus on enhancing passenger audio experiences through cutting-edge technology. It underscores the increasing demand for sophisticated acoustic solutions and innovations in automotive audio systems, driving the need for specialized engineering services to integrate and optimize such advanced components.
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The automotive acoustic engineering services market from the calibration segment will undergo a considerable upturn from 2024 to 2032, owing to its crucial role in optimizing vehicle sound performance. Accurate calibration ensures that acoustic systems, including noise, vibration, and harshness (NVH) controls, meet specific performance standards and regulatory requirements. As automotive manufacturers increasingly focus on delivering superior acoustic experiences and complying with stringent noise regulations, the demand for precise calibration services will continue to grow, reinforcing this segment dominance in the market.
The interior segment will observe a noteworthy upsurge by 2032, driven by the increasing emphasis on enhancing vehicle cabin comfort and acoustic quality. Innovations in interior materials and designs aim to reduce noise and vibrations, improving the overall driving experience. As automakers invest more in high-quality soundproofing and noise control solutions to meet consumer expectations for a quieter, more enjoyable ride, the demand for specialized acoustic engineering services in this segment will significantly rise.
Asia Pacific will register a remarkable automotive acoustic engineering services market CAGR from 2024 to 2032, propelled by the region's booming automotive industry and increasing consumer demand for enhanced vehicle comfort. Rapid industrialization, substantial investments in automotive technology, and the presence of major automotive manufacturers and suppliers contribute to the region’s leading position. Besides, stringent noise regulations and a growing focus on reducing vehicle noise and vibrations drive demand for advanced acoustic engineering solutions, making the Asia Pacific a key contributor to market growth.
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Major companies in the automotive 3D map system automotive acoustic engineering services market including Adler Pelzer, AVL List GmbH, EDAG Engineering, Schaeffler Engineering, Roechling Group, Catalyst Acoustics, Siemens AG, Continental AG, Autoneum, and Bertrandt AG.
These players are investing heavily in research and development to introduce advanced acoustic solutions that improve vehicle sound quality and compliance with noise regulations. By forming partnerships with automotive manufacturers and suppliers, these companies are integrating cutting-edge technologies and customized acoustic engineering services into vehicle designs. In addition, expanding their global presence and adapting to regional market needs will further solidify their positions and drive growth in the competitive landscape.
In June 2024, Harman introduced its advanced Car Acoustic Experience Lab in India, designed to cater to various car audio needs, including engineering, research, and customer demonstrations, enhancing automotive acoustic experiences.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis, 2021 - 2032
Chapter 3 Automotive Acoustic Engineering Services Market Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Component providers
3.2.2 Automotive manufacturers
3.2.3 Acoustic engineering firms
3.2.4 Technology providers
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Increasing demand for enhanced features in vehicle
3.8.1.2 Stringent government regulations on vehicle noise
3.8.1.3 Rise in sales of premium vehicles
3.8.1.4 Growing popularity of electric vehicles (EVs)
3.8.1.5 Advancements in acoustic engineering technology
3.8.2 Industry pitfalls & challenges
3.8.2.1 High capital investment and entry barriers
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
