Automotive Acoustic Engineering Services Market - Global Forecast to 2025 - Rising Trend of Engine Downsizing

DUBLIN, Sept. 24, 2018 /PRNewswire/ --

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.

The automotive acoustic engineering services market is projected to reach USD 4.04 billion by 2025 from USD 2.45 billion in 2018, at a CAGR of 7.42% during the forecast period. Increasing demand for optimum acoustical performance in passenger cars and SUV/MPV segments and rising sales of premium vehicles equipped with luxury & comfort features are expected to drive this market during the forecast period.

Simulation software is projected to be the largest and fastest growing market during the review period. Main advantages associated with simulation are enhanced acoustical testing & measurement, reduced R&D cost, multiple testing options, and reduced development time. Also, the introduction of artificial intelligence in simulation helps to understand the actual behavior of a component in the most appropriate manner. Engineering service providers such as Siemens, AVL, Schaeffler, Bertrandt, and IAV provide simulation services for automotive components and vehicle assembly. Thus, continuous increase in R&D activities and rising need of process optimization have led to improvements in simulation. Improved simulation software has become a prime requirement that would drive the demand for simulation software in the coming years.

The automotive engineering services market for the interior application is anticipated to grow at the fastest rate during the forecast period. The growth of this segment can be attributed to the increased demand for enhanced comfort and silent cabin among customers. Dashboard, HVAC system, gearbox, trunk panel, and infotainment are various sources of acoustic disturbances that can originate inside the cabin. Other secondary noise sources such as tires, door interiors, roof & floor, and trunk panels also add to the interior cabin noise. The vehicle acoustic engineering service providers offer virtual and physical testing & simulation of all components/systems in the cabin and improve the interior cabin acoustical performance. Hence, the increasing stringency of norms for vehicle and passenger safety and deployment of advanced features would prompt the addition of new components in the cabin, which in turn will make the interior cabin more complex and accentuate the need to improve acoustic performance of interior components.

The acoustic engineering services market for electric & hybrid vehicles is expected to grow at the fastest rate from 2018 to 2025. The presence of an alternate powertrain brings new sources of noise such as the motor, HVAC, battery, tires, and several other low decibel (dB(A)) noise from brake, acoustics, wind, squeaks, and rattle sounds from the vehicle that need to be addressed to improve the acoustical performance. Further, new legislative guidelines for electric and hybrid vehicles with respect to minimum noise requirement have changed the dynamics of acoustic engineering of these vehicles. As defined by NHTSA laws published in January 2013, electric & hybrid vehicles must have a minimum exterior sound requirement of 63.8 to 68.9 dB(A) while running at a speed of 30 kmph. This sound should be loud enough to be audible to a visually impaired person when the vehicle passes nearby. Hence, the vehicular noise refinement and the minimum sound requirement by the legal authorities would drive the electric and hybrid vehicle acoustic engineering services market.

EMEA is estimated to be the largest market for automotive acoustic engineering services. A majority of engineering services providers, which are based in Europe, provide physical as well as virtual acoustic testing and engineering of automotive components and vehicle assembly to meet the requirement of regional and foreign OEMs and tier-1 suppliers. Also, premium vehicle manufacturers in Europe such as Volkswagen, BMW, Volvo, Mercedes-Benz, and Porsche are increasingly focusing on acoustic engineering of their vehicle models. Therefore, ESPs are expanding their network within Europe in proximity to these OEMs. In September 2016, EDAG opened a new development center with an area of ~25,000 m2 at Warmenau facility in Wolfsburg, Germany. This facility is located in the vicinity of Volkswagen and can accommodate up to 1,100 engineering experts. More such expansions are expected to happen in the future to meet the rising demand for automotive acoustic engineering services in the region.

The high capital investment and entry barriers & increased usage of rental and used acoustic testing equipment are the key restraints for this market. Also, new regulations for electric vehicles regarding minimum sound requirement and keeping the noise from other auxiliary sources within the permissible range pose a challenge for the market. These factors may affect the growth of the automotive acoustic engineering services market in the near future.

Key Topics Covered:

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

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 Brel & Kjr
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

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