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ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET FORECAST 2021-2028

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ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET FORECAST 2021-2028

The Asia Pacific automotive acoustic engineering services market is set to project a CAGR of 7.01% during the forecast period, 2021-2028. The surging vehicle production and the increasing disposable income are estimated to propel the market growth of the region. South Korea, Japan, China, India, Vietnam, Australia & New Zealand, Thailand, and the rest of Asia Pacific, are assessed for the Asia Pacific automotive acoustic engineering services market growth analysis.

ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET FORECAST 2021-2028

Asia Pacific Automotive Acoustic Engineering Services Market by Testing Type (Virtual Acoustic Testing, Physical Acoustic Testing) by Application (Interior, Application, Body & Structure, Powertrain, Drivetrain) by Vehicle Type (Passenger Vehicle, Commercial Vehicle, Electric Vehicle) by Software (Simulation Software, Vibration Software, Calibration Software, Signal Analysis) and by Geography.

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The Asia Pacific automotive acoustic engineering services market is set to project a CAGR of 7.01% during the forecast period, 2021-2028. The surging vehicle production and the increasing disposable income are estimated to propel the market growth of the region.
asia-pacific-automotive-acoustic-engineering-services-market

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South Korea, Japan, China, India, Vietnam, Australia & New Zealand, Thailand, and the rest of Asia Pacific, are assessed for the Asia Pacific automotive acoustic engineering services market growth analysis. China has sustained its position as the world’s largest automotive manufacturer and automotive market since 2009. The annual vehicle production of the country in 2018 was more than 30% of worldwide vehicle production. Also, the automotive market has enabled investments for automobile production from established foreign players. Further, in 2019, China accounted for around 28% of global car production. It was also the largest automobile sales market in the world in 2019. Such factors make China a conducive market for automotive acoustic engineering services.

In the case of South Korea, the automobile industry ranks fifth with regard to the largest producer of passenger cars in the world. It accounts for 13% of the manufacturing output. Also, it is an essential industrial area, contributing 12% of total employment in the country. It impacts all industrial sectors, from materials like steel, glass, nonferrous metals to advertising, financial services, construction, and advertising. Such credentials are expected to influence market growth in South Korea.

STS Group AG manufactures automotive parts, and provides interior modules, exterior body parts, acoustic & thermal insulation, and other materials for passenger cars & commercial vehicles. The company operates through diverse business segments including, STS plastics, materials, and STS acoustics. It operates production facilities in China, Brazil, Mexico, and Europe.

 

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • PARENT MARKET ANALYSIS- AUTOMOTIVE MARKET
      • MARKET SCOPE
      •    KEY DRIVERS
        • GROWING DEMAND FOR COMFORTING INTERIOR
        • REGULATIONS BY THE GOVERNMENT
        • RISING POPULARITY OF LUXURY CARS
        • FINANCIAL FLEXIBILITY FOR THE AUTOMOBILE PURCHASE
      •    KEY RESTRAINTS
        • HIGH COST OF ACOUSTIC TESTING EQUIPMENT
        • HIGH CAPITAL INVESTMENT
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET
      • KEY INVESTMENT INSIGHTS
      •    PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY TESTING TYPE
      • VIRTUAL ACOUSTIC TESTING
      • PHYSICAL ACOUSTIC TESTING
    3. MARKET BY APPLICATION
      • INTERIOR APPLICATION
      • BODY & STRUCTURE
      • POWERTRAIN
      • DRIVETRAIN
    4. MARKET BY VEHICLE TYPE
      • PASSENGER VEHICLE
      • COMMERCIAL VEHICLE
      • ELECTRIC VEHICLE
    5. MARKET BY SOFTWARE
      • SIMULATION SOFTWARE
      • VIBRATION SOFTWARE
      • CALIBRATION SOFTWARE
      • SIGNAL ANALYSIS
    6. GEOGRAPHICAL ANALYSIS
      •    ASIA PACIFIC
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
    1. COMPETITIVE LANDSCAPE
      •    KEY STRATEGIC DEVELOPMENTS
        • MERGER & ACQUISITIONS
        • PRODUCT LAUNCH & DEVELOPMENTS
        • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
        • BUSINESS EXPANSION
      •    COMPANY PROFILE
        • AVL
        • BERTRANDT AG
        • EDAG ENGINEERING GMBH
        • HEAD ACOUSTICS GMBH
        • SIEMENS DIGITAL INDUSTRIES SOFTWARE INC
        • AUTONEUM
        • BRÜEL & KJÆR
        • FEV GROUP GMBH
        • SCHAEFFLER ENGINEERING GMBH
        • STS GROUP AG

    TABLE LIST

    TABLE 1: MARKET SNAPSHOT – AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES

    TABLE 2: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY TESTING TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION

    TABLE 3: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY TESTING TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION

    TABLE 7: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY SOFTWARE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY SOFTWARE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 11: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    FIGURE LIST

    FIGURE 1: KEY INVESTMENT INSIGHTS

    FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, GROWTH POTENTIAL, BY TESTING TYPE, IN 2020

    FIGURE 6: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY VIRTUAL ACOUSTIC TESTING, 2021-2028 (IN $ MILLION)

    FIGURE 7: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY PHYSICAL ACOUSTIC TESTING, 2021-2028 (IN $ MILLION)

    FIGURE 8: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 9: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY INTERIOR APPLICATION, 2021-2028 (IN $ MILLION)

    FIGURE 10: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY BODY & STRUCTURE, 2021-2028 (IN $ MILLION)

    FIGURE 11: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY POWERTRAIN, 2021-2028 (IN $ MILLION)

    FIGURE 12: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY DRIVETRAIN, 2021-2028 (IN $ MILLION)

    FIGURE 13: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2020

    FIGURE 14: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY PASSENGER VEHICLE, 2021-2028 (IN $ MILLION)

    FIGURE 15: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY COMMERCIAL VEHICLE, 2021-2028 (IN $ MILLION)

    FIGURE 16: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY ELECTRIC VEHICLE, 2021-2028 (IN $ MILLION)

    FIGURE 17: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, GROWTH POTENTIAL, BY SOFTWARE, IN 2020

    FIGURE 18: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY SIMULATION SOFTWARE, 2021-2028 (IN $ MILLION)

    FIGURE 19: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY VIBRATION SOFTWARE, 2021-2028 (IN $ MILLION)

    FIGURE 20: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY CALIBRATION SOFTWARE, 2021-2028 (IN $ MILLION)

    FIGURE 21: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, BY SIGNAL ANALYSIS, 2021-2028 (IN $ MILLION)

    FIGURE 22: ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 23: CHINA AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 24: JAPAN AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 25: INDIA AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 26: SOUTH KOREA AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 27: THAILAND AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 28: VIETNAM AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 29: AUSTRALIA & NEW ZEALAND AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 30: REST OF ASIA PACIFIC AUTOMOTIVE ACOUSTIC ENGINEERING SERVICES MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      •    ASIA PACIFIC
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
    1. MARKET BY TESTING TYPE
      • VIRTUAL ACOUSTIC TESTING
      • PHYSICAL ACOUSTIC TESTING
    2. MARKET BY APPLICATION
      • INTERIOR APPLICATION
      • BODY & STRUCTURE
      • POWERTRAIN
      • DRIVETRAIN
    3. MARKET BY VEHICLE TYPE
      • PASSENGER VEHICLE
      • COMMERCIAL VEHICLE
      • ELECTRIC VEHICLE
    4. MARKET BY SOFTWARE
      • SIMULATION SOFTWARE
      • VIBRATION SOFTWARE
      • CALIBRATION SOFTWARE
      • SIGNAL ANALYSIS

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