Market Share of Automotive Acoustic Engineering Services Industry
The automotive acoustic engineering services market is significantly concentrated, with a few players accounting for a major market share. Some prominent companies in the market are AVL List GmbH, Schaeffler Engineering GmbH, Siemens, Adler Pelzer, Robert Bosch, Autoneum, and Bertrandt AG.
Several market players focus on developing the latest technologies and delivering the best quality products through partnerships and product innovations. For instance,
- In February 2024, Ansys and Schaeffler partnered to drive sustainable product development using Ansys' simulation software. This collaboration will help Schaeffler optimize its components and systems, reducing material usage, energy consumption, and overall environmental impact while maintaining high performance and quality. The Ansys solutions will also help decarbonize product development and shape design strategies for hybrid/electric powertrain solutions and industrial applications.
- In June 2023, Harman Kardon and Volkswagen joined forces to develop a premium sound system for Volkswagen's upcoming ID.7 electric vehicle. The collaboration aims to create an exceptional in-car audio experience, combining Harman Kardon's expertise in sound engineering with Volkswagen's commitment to innovative vehicle design.
- In January 2023, Panasonic Automotive unveiled a new EV audio system designed specifically for electric vehicles, offering high-quality sound with low power consumption. This innovative system is expected to enhance the in-vehicle audio experience for EV owners while contributing to energy efficiency.
Automotive Acoustic Engineering Services Market Leaders
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Robert Bosch GmbH
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Schaeffler
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Continental AG
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Adler Pelzer Holding GmbH
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AVL List GmbH
*Disclaimer: Major Players sorted in no particular order
