APAC Market Statistics
The Asia Pacific automotive acoustic engineering services market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the presence of a strong automobile network in the region, growing production of vehicles, as well as the rising awareness for reducing the noise pollution caused by vehicles. For instance, the vehicle production volume of China in June 2022, hit over 2.4 million units. According to the Government of India's Ministry of Environment and Forest, the acceptable daytime noise levels for cars are 75 dB in industrial regions, 65 dB in commercial areas, 55 dB in residential areas, and 50 dB in quiet zones. Moreover, rising sales of luxurious cars are also expected to boost the market growth. German automakers shipped roughly 840,000 BMW and Mini vehicles to China in 2021. Furthermore, up until March 2022, there were almost 24,000 premium car sales in India.
North American Market Forecast
The North America automotive acoustic engineering services market, amongst the market in all the other regions, is projected to hold the significant market share by the end of 2037. Proactive effort by government to boost the production of electric vehicles. In order to expedite the adoption of electric vehicles and reduce fuel consumption, the US government unveiled a new plan in 2021 to boost its Build Back Better investment policy.
Author Credits: Saima Khursheed
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