Automotive Acoustic Engineering Services Market Size

  • Report ID: 4485
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Automotive Acoustic Engineering Services Market Size

Automotive Acoustic Engineering Services Market size was over USD 3.42 billion in 2024 and is projected to cross USD 7.83 billion by the end of 2037, growing at more than 6.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive acoustic engineering services is estimated at USD 3.6 billion. The growth of the market can be attributed to the rising impact of noise pollution on human health. A quarter of people in Europe are subjected to health-harming levels of noise over an extended period of time. Almost 100 million people in Europe fall within that category. After the effects of air pollution, noise is the second-largest environmental source of health issues.

In addition to these, factors that are believed to fuel the market growth of automotive acoustic engineering services include the rise in the recent advancements in acoustic engineering services as well as rising production of motor vehicles, the demand for automotive acoustic engineering services is on the rise amongst the automobile manufacturers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global automotive acoustic engineering services market during the forecast period. For instance, the global motor vehicles production increased by around 1% in 2021, compared to 2020.


Automotive-Acoustic-Engineering-Services-Market-scope
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Author Credits:  Saima Khursheed


  • Report ID: 4485
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive acoustic engineering services is estimated at USD 3.6 billion.

The automotive acoustic engineering services market size was over USD 3.42 billion in 2024 and is projected to cross USD 7.83 billion by the end of 2037, growing at more than 6.7% CAGR during the forecast period i.e., between 2025-2037. Rising stringent regulations to limit vehicle noise as well as increasing demand of luxury cars along with surge in the demand of electric vehicles will boost the market growth.

Asia Pacific is predicted to hold majority industry share by 2037, attributed to 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.

The major players in the market include Schaeffler Group, Harman International, Robert Bosch GmbH, Brüel & Kjær Vibro GmbH, FEV Group Gmbh, EDAG Engineering GmbH, Head acoustics GmbH, Bertrandt AG, AVL List GmbH, Siemens Aktiengesellschaft.
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