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Asia Pacific Automotive Acoustic Engineering Services Market Forecast 2021-2028

KEY FINDINGS
The Asia Pacific automotive acoustic engineering services market is predicted to project a CAGR of 7.01% during the forecast period, 2021-2028. The increasing production of high-end vehicles has resulted in several testing service providers introducing advanced software & techniques that support noise cancellation in vehicles. This is set to drive the market growth of the region.

MARKET INSIGHTS
The Asia Pacific automotive acoustic engineering services market growth evaluation includes the analysis of Australia & New Zealand, India, China, Japan, Thailand, Vietnam, South Korea, and the rest of Asia Pacific. In Japan, vehicle manufacturing is a major contributor to the economy. The domestic car brands record significantly more sales than foreign manufacturers. At the same time, the vehicle road system is considered inadequate, given the number of vehicles owned. Moreover, the country is fast catching up with green vehicle technologies. The government is working together with domestic manufacturers to develop next-generation vehicle technologies and enhancing the reach of e-mobility infrastructures. Such factors are estimated to propel market growth in Japan.
Thailand has a strong foundation for future automotive developments. The country was ranked seventh as the leading car market in 2019, with respect to sales volume in the Asia Pacific region. The automotive industry of the country is propelled by international market players. Japanese car brands are a prominent choice among Thai consumers. One of the popular car brands in Thailand is Toyota. Such factors are expected to contribute to the market growth of Thailand.

COMPETITIVE INSIGHTS
Some of the prominent companies in the market include, AVL, EDAG Engineering GmbH, STS Group AG, Bertrandt AG, Schaeffler Engineering GmbH, etc.

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Asia Pacific Automotive Acoustic Engineering Services Market Forecast 2021-2028
Published By :Inkwood Research
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