Automotive Acoustic Engineering Services Market Analysis

Application (Internal Combustion Engine, Electric)

The global automotive acoustic engineering services market is segmented and analyzed for demand and supply by application into internal combustion engine, and electric. Out of the two application of automotive acoustic engineering services, the electric segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the growing production of electric vehicles along with the need to reduce the pollution causes by petrol and diesel cars. For instance, The Net Zero Emissions by 2050 Scenario, predicts an electric car fleet of more than 300 million in 2030. Moreover, in 2022, around 6 million electric vehicles were sold worldwide, and in the first quarter, almost 2 million E-cars were sold.

Offering (Physical, Virtual)

The global automotive acoustic engineering services market is also segmented and analyzed for demand and supply by offering into physical and virtual. Amongst these two segments, the virtual segment is expected to garner a significant share. The segment growth is attributed to the rising need to cut off the cost of vehicle production. In comparison to physical testing, the virtual acoustics testing is cheaper and can significantly reduce the overall production cost. Moreover, for the testing, the mathematic models and software are used that analyze the real time scenarios to detect noise and vibration. However, this time is notably less in virtual testing, thus saves the cost of research and development and quickly detects the fault in the systems. Additionally, it gives precise result in comparison to physical testing.

Our in-depth analysis of the global market includes the following segments: