Electric Guitars Global Market Report 2023 – By Type (Electric Acoustic Guitar, Seven String Guitar, Solid Body Guitar, Hollow Body Guitar, Other Types), By Price (Low, Medium, High), By Distribution Channel (Online, Offline), By End-user (Professionals, Learners, Individual Amateurs) – Market Size, Trends, And Global Forecast 2023-2032

Acoustic insulation refers to a process in which a method of soundproofing aims to block sound from entering or leaving a closed location by putting some sort of barrier between the interior and exterior. The acoustic insulation creates a barrier between the interior and exterior areas of the wall and prevents noise from entering and exiting from the area. These insulation materials are also used as heat resistance in industries. The main types of acoustic insulation products are mineral wool, glass wool, polymeric foams, and natural. Mineral wool-based acoustic insulation products are made from stone with non-directional fibre orientation and higher intensity, with the potential to control sound waves and dampen vibrations. Mineral wool insulation is widely used in the construction and pipe industries. Major end-user industries of acoustic insulation products include building and construction, transportation, oil and gas, energy and utilities, and industrial and OEM. The global acoustic insulation market is segmented – 1) By Type: Mineral Wool, Glass Wool, Polymeric Foams, Natural 2) By End-User Industry: Building & Construction, Transportation, Oil & Gas, Energy & Utilities, Industrial & OEM The global acoustic insulation market size grew from $13.31 billion in 2022 to $14.35 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The acoustic insulation market report size is expected to grow to $19.26 billion in 2027 at a CAGR of 7.6%. The increase in awareness regarding noise pollution is contributing to the growth of the acoustic insulation market. The World Health Organization (WHO) defines noise pollution as any sound that is above 65 decibels (dB). Also, noise becomes harmful as it exceeds 75 decibels (dB) and is painful above 120 decibels (dB). Major reasons for noise pollution are traffic noise, noise at construction sites, rapid industrialization, etc. Moreover, due to rapid urbanization, most of the population is exposed to noise pollution, and consumers and corporates are increasingly investing in soundproofing or acoustic insulation products to reduce the sound levels inside homes and office facilities. Acoustic insulation reduces external noise and helps in reducing sound transmission and vibration. According to the European Environmental Agency, 20% of the population lives in areas where noise levels are considered to be harmful. The rise in noise pollution forced companies to develop solutions for buildings with soundproof walls, and acoustic insulation proved a better method of soundproofing. Thus, increasing awareness of noise pollution drives the growth of the acoustic insulation market. Major players in the acoustic insulation market are Saint-Gobain, Knauf Insulation, Armacell International, Soprema, Rockwool International, Huntsman Corporation, Owens Corning, Kingspan Group, BASF, Johns Manville, Getzner Werkstoffe GmbH, Cellofoam GmbH, Regupol BSWGmbh, The 3M Company, Trelleborg, and L'isolante K-Flex S.P.A. The key players in the acoustic insulation market are focusing on developing innovative products with advanced technologies with greater efficiency to limit the sound between the rooms. For instance, in June 2019, Knauf Insulation, a Belgium-based manufacturer of insulation products, launched a new acoustic batt at the African Construction Expo. Acoustic Batt is a high-performance mineral wool insulation slab used to reduce noise between rooms in internal partition walls and immediate floors. In February 2020, Rockwool A/S, a Denmark-based manufacturer of mineral wool products, acquired Parafon for an undisclosed amount. As a result of this acquisition, Rockfon strengthens the position of stone wool with its exceptional acoustic properties to improve the wellbeing of people in offices, schools, and hospitals in Europe, increasing its presence in northern Europe. Parafon is a Swedish company that specializes in the production of interior acoustic products. Western Europe was the largest region in the acoustic insulation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the acoustic insulation market share during the forecast period. The regions covered in the acoustic insulation market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the acoustic insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The acoustic insulation includes revenues earned by entities by fiberglass, cellulose, polyurethane, and cotton. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The acoustic insulation market research report is one of a series of new reports from The Business Research Company that provides acoustic insulation market statistics, including acoustic insulation industry global market size, regional shares, competitors with acoustic insulation market shares, detailed acoustic insulation market segments, trends and opportunities, and any further data you may need to thrive in the acoustic insulation industry. This acoustic insulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

NVH testing refers to measuring, modifying, and optimizing the noise and vibration characteristics of vehicles by providing noise reduction and quality assurance of interior and exterior noise to reduce noise pollution. Noise, vibration & harshness (NVH) testing is used to enhance comfort, vehicle performance, and brand recognition. The main types of NVH testing are hardware and software. NVH testing hardware equipment provides noise reduction and quality assurance of interior and exterior noise to reduce noise pollution. The different applications are impacted hammer testing and powertrain NVH testing, environmental noise measurement, pass-by noise testing, noise source mapping, sound intensity measurement and sound quality testing, building acoustics, mechanical vibration testing, and product vibration testing and are used in various sectors such as automotive and transportation, aerospace and defense, power generation, consumer electronics, construction, and other end users. The global noise vibration and harshness nvh testing market is segmented - 1) By Type: Hardware, Software 2) By Application: Impact Hammer Testing And Powertrain NVH Testing, Environmental Noise Measurement, Pass-By Noise Testing, Noise Source Mapping, Sound Intensity Measurement and Sound Quality Testing, Building Acoustics, Mechanical Vibration Testing, Product Vibration Testing 3) By End-User: Automotive And Transportation, Aerospace And Defense, Power Generation, Consumer Electronics, Construction, Other End-Users The global noise, vibration & harshness (NVH) testing market size will grow from $1.99 billion in 2022 to $2.09 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of noise, vibration & harshness (NVH) testing is expected to grow to $2.57 billion in 2027 at a CAGR of 5.3%. Government regulations to reduce noise pollution are significantly driving the growth of the noise, vibration, and harshness (NVH) testing market. Noise pollution refers to unwanted and long-term noise levels that lead to adverse effects on humans and other wildlife organisms. Noise pollution is hazardous and causes a variety of health issues such as sleep disturbance, hypertension, hearing loss, dementia, psychological dysfunctions, and affects the cardiovascular and metabolic system. Governments are working on policy planning and regulations building globally to control noise pollution and control and optimize noise pollution advanced noise, vibration, and harshness testing products and services are required. For instance, in July 2021, The National Planning Policy Framework was revised by the government of the UK. The National Planning Policy Framework has provisions on noise that demand the local planning policies protection against noise and identifying and protecting existing tranquil environments from noise pollution. Therefore, government regulations to reduce noise pollution are contributing to the growth of the noise, vibration, and harshness (NVH) testing market. Major players in the noise, vibration & harshness (NVH) testing market are National Instruments Corporation, Siemens AG, Brüel & Kjær, IMC Test & Measurement GmbH, Signal.X Technologies LLC, GRAS Sound & Vibration, Prosig Ltd., Dewesoft d.o.o., Müller-BBM VibroAkustik Systeme GmbH, ECON Technologies Co. Ltd., Erbessd Instruments, Honeywell International Inc., PCB Piezotronics, and Polytec GmbH. Product innovations are the key trends gaining popularity in the noise, vibration, and harshness (NVH) testing market. Major companies operating in the NVH testing sector are focused on developing innovative products for noise, vibration, and harshness (NVH) testing to strengthen their position in the market. For instance, in March 2020, Bruel & Kjaer, a Denmark-based electronics company launched version 2019.1 of NVH Simulator. This NVH Simulator new version will expand the electric and hybrid vehicle's modeling ability and other 200 improvements and enhancements. Using NVH Simulator 2019.1 the tonal harmonics in electric vehicle sound can be extracted from measurement and re-synthesized using the NVH Simulator software in real-time driver-in-the-loop simulations. In November 2021, Woodbridge, a Canada-based privately held investment holding company, acquired Hematite for an undisclosed amount. With this acquisition, Woodbridge is in a position to take advantage of and develop new efficiencies in the development of integrated, multi-functional, and high-value next-generation products for the industry's rapidly expanding new energy vehicles (NEV), while also continuing to provide beneficial internal combustion engine (ICE) solutions. Hematite is a US-based NVH specialist. North America was the largest region in the noise, vibration & harshness (NVH) testing market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in noise, vibration & harshness (NVH) testing market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the noise, vibration & harshness (NVH) testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The noise, vibration & harshness (NVH) testing market includes revenues earned by entities by improving the sound and acoustics together with reduced vibration in the automobiles and vehicle parts. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The NVH testing market research report is one of a series of new reports from The Business Research Company that provides NVH testing market statistics, including NVH testing industry global market size, regional shares, competitors with a NVH testing market share, detailed NVH testing market segments, market trends and opportunities, and any further data you may need to thrive in the NVH testing industry. This NVH testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Acoustic materials refer to a variety of foams, fabrics, metals, etc. used to quiet homes, offices, cars, and other structures to improve the comfort and safety of their occupants by reducing noise generated both inside and outside of those spaces. According to their properties, such as frequency, composition, thickness, surface finish, and mounting method, different types of materials are used for automotive acoustics. used to reduce the strength of mechanical waves such as sound, ultrasound, vibration, and infrasound in liquid, gas, and solid media. The main types of materials of automotive acoustic materials are acrylonitrile butadiene styrene (ABS), fiberglass, polyvinyl chloride (PVC), polyurethane (PU) foam, polypropylene, and textiles. Acrylonitrile butadiene styrene is an opaque amorphous and thermoplastic polymer. The different components include arch liner, dash, fender and floor insulator, door, head and bonnet liner, engine cover, trunk trim, parcel tray, and other components. The various types of vehicles include passenger cars, LCVs, and HCV. These are used in various applications such as underbody and engine bay acoustics, interior cabin acoustics, exterior acoustics, and trunk panel acoustics. The global automotive acoustic materials market is segmented - 1) By Material Type: Acrylonitrile Butadiene Styrene (ABS), Fiberglass, Polyvinyl Chloride (PVC), Polyurethane (PU) Foam, Polypropylene, Textiles 2) By Component: Arch Liner, Dash, Fender and Floor Insulator, Door, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray, Other Components 3) By Vehicle Type: Passenger Cars, LCV, HCV 4) By Application: Underbody and Engine Bay Acoustics, Interior Cabin Acoustics, Exterior Acoustics, Trunk Panel Acoustics The global automotive acoustic materials market size grew from $3.24 billion in 2022 to $3.5 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive acoustic materials is expected to grow to $4.71 billion in 2027 at a CAGR of 7.7%. The increase in sales of electric vehicles is expected to propel the growth of the automotive acoustic materials market going forward. Electric vehicles are vehicles that use electricity either entirely or in part. Automotive acoustic materials help electronic vehicles to reduce interior vehicle noise, by soundproofing and sound absorbing. According to the International Energy Agency (IEA) report in 2021, a France-based autonomous intergovernmental organization for energy, two-thirds of new electric car registrations and two-thirds of the stock in 2020 were battery electric vehicles (BEVs). Additionally, China has the greatest fleet size of electric vehicles with 4.5 million units and Europe experienced the largest annual growth, rising to 3.2 million in the year 2020. Therefore, the rising sales of electric vehicles are driving the growth of the automotive acoustic materials market. Major players in the automotive acoustic materials market are Dow Chemicals, 3M Acoustics, BASF SE, Covestro AG, Henkel Adhesives Technologies India Private Limited, LyondellBasell Industries Holdings B.V., Sumitomo Riko, Sika AG, Rockwool A/S, Huntsman International LLC, Johns Manville, Saint-Gobain Ecophon AB, Harman International, Thomas Publishing Company, UFP Technologies Inc., Nihon Tokushu Toryo Co. Ltd., Knauf Insulation, and Owens Corning. Technological advancements are the key trend gaining popularity in the automotive acoustic materials market. Major companies operating in the automotive acoustic materials market are introducing new technologies such as Flexi-Loft, a new felt-based technology that reduces product weight to sustain their position in the automotive acoustic materials market. For instance, in November 2021, Autoneum, a Switzerland-based developer of multifunctional, lightweight components and systems for interior floor and engine bay launched Flexi-Loft for vehicle interiors. This felt-based technology helps make a unique blend of recycled cotton and functional fibers reduces product weight and allows for accurate adaptation even to complex shapes. The textile material provides a versatile and more sustainable alternative to foam. In May 2020, Freudenberg Group, a Germany-based company offering tailor-made and technological products and services in the fields of automotive, automobile parts and more acquired Low & Bonar PLC. for an undisclosed amount. This deal is expected to help Freudenberg Group in strengthening its performance materials business and expands its technological know-how. Low & Bonar PLC., is a UK-based high-performance material manufacturer operating in the automotive acoustic materials market. Asia-Pacific was the largest region in the automotive acoustic materials market share in 2022. The regions covered in automotive acoustic materials market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive acoustic materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive acoustic materials market consists of sales of vibration dampers, vibration damping sheets, barrier decouplers, PVC decouplers, cellulose panels, sound silencers, silk metal, and echo barriers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive acoustic materials market research report is one of a series of new reports from The Business Research Company that provides automotive acoustic materials market statistics, including automotive acoustic materials industry global market size, regional shares, competitors with an automotive acoustic materials market share, detailed automotive acoustic materials market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive acoustic materials industry. This automotive acoustic materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Sporting goods, hobby, musical instrument, and book stores are stores that are engaged in retailing new toys, games, crafts, pottery items, different books, bicycles and bicycle parts, camping equipment, exercise and fitness equipment, athletic uniforms, specialty sports footwear, and other sporting goods, equipment, and accessories. The major types of sporting goods, hobbies, musical instruments, and book stores are sporting goods stores, hobby, toy, and game stores, music instrument and supply stores, and other stores. Stores that sell mostly sporting goods, athletic clothes, equipment, and other things with a sports theme are known as sporting goods stores. The forms of ownership are the retail chain and the independent retailer. The global sporting goods, hobby, musical instrument, and book stores market is segmented - 1) By Type: Sporting Goods Stores, Hobby, Toy, Game Stores, Musical Instrument And Supplies Stores, Other Sporting Goods, Hobby, Musical Instrument, Book Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Type of Store: Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store The global sporting goods, hobby, musical instrument, and book stores market size will grow from $468.13 billion in 2022 to $500.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of sporting goods, hobby, musical instrument, and book stores market is expected to grow to $628.41 billion in 2027 at a CAGR of 5.9%. The sporting goods, hobby, musical instrument, and book stores market is expected to benefit from steady economic growth forecasted for many developed and developing countries. According to International Monetary Fund, the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the sporting goods, hobby, musical instrument, and book stores market include Decathlon S.A, Dick's Sporting Goods Inc., Frasers Group Plc, BPS Direct L.L.C. (Bass Pro Shops), Guitar Center Inc., Canadian Tire Corporation Limited, Recreational Equipment Inc., Sportsman's Warehouse, Hibbett Sports Inc., and Thomann GmbH. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the sporting goods, hobby, musical instrument market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the sporting goods, hobby, musical instrument market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy Many sporting goods manufacturers are investing in achieving customization and personalization. With an increasing number of online users, changing demographics, and increased per-capita income, demand for unique and custom-made products have gained demand. Global sporting goods manufacturers such as Nike, Adidas, Puma, ASICS, Sketchers, Fila, etc., are investing more into this. Race Sporting Goods has launched customized sporting clothes to cater to the demands of customers. Western Europe was the largest region in the sporting goods, hobby, musical instrument, and book stores market in 2022. Asia-Pacific was the second-largest region in the sporting goods, hobby, musical instrument, and book stores market. The regions covered in the sporting goods, hobby, musical instrument, and book stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the sporting goods, hobby, musical instrument, and book stores market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The sporting goods, hobby, musical instrument, and book stores market includes revenues earned by entities by providing services through specialty stores, supermarkets, and hypermarkets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sporting goods, hobby, musical instrument, and book store market research report is one of a series of new reports from The Business Research Company that provides sporting goods, hobby, musical instrument, and book store market statistics, including sporting goods, hobby, musical instrument, and book store industry global market size, regional shares, competitors with a sporting goods, hobby, musical instrument, and book store market share, detailed sporting goods, hobby, musical instrument, and book store market segments, market trends and opportunities, and any further data you may need to thrive in the sporting goods, hobby, musical instrument, and book store industry. This sporting goods, hobby, musical instrument, and book store market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Automotive acoustic engineering services refer to the services that are used in the process of noise cancellation from various car components to the point where it has no effect on the vehicle's interior or exterior environment. The main types of automotive acoustic engineering services are physical acoustic testing and virtual acoustic testing. Physical acoustic testing refers to services used to measure sound, noise, and vibration. The software involved vibration, simulation, signal analysis, and calibration. The types of vehicles are passenger vehicles, commercial vehicles, and electric vehicles. The various applications include interior, body and structure, powertrain, and drivetrain. The global automotive acoustic engineering services market is segmented – 1) By Offering: Physical Acoustic Testing, Virtual Acoustic Testing 2) By Software: Vibration, Simulation, Signal analysis, Calibration 3) By Vehicle: Passenger Vehicle, Commercial Vehicle, Electric Vehicles 4) By Application: Interior, Body & Structure, Powertrain, Drivetrain The global automotive acoustic engineering services market size will grow from $7 billion in 2022 to $7.81 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of automotive acoustic engineering services is expected to grow to $11.75 billion in 2027 at a CAGR of 10.8%. The increase in sales of SUVs and MUVs are expected to propel the growth of the automotive acoustic engineering services market going forward. Sports utility vehicles (SUVs) refer to a class of vehicle that is elevated off the ground, frequently has four-wheel drive, and has a rough appearance. Automotive acoustic engineering services help SUVs and MUVs by providing soundproofing solutions to lower engine noise. For instance, in December 2021, according to an article shared by the International Energy Agency, a France-based autonomous intergovernmental organization, throughout the pandemic, global SUV sales have been shown to be remarkably resilient, increasing by more than 10% between 2020 and 2021. SUV sales are expected to reach a new high in 2021 in terms of volume and market share, accounting for more than 45% of all new car sales worldwide. SUV sales are still rising quickly in several nations, including the United States, India, and Europe. Therefore, increasing sales of SUVs and MUVs are driving the automotive acoustic engineering services market. Major players in the automotive acoustic engineering services market are AVL, Autoneum, Bertrandt AG, Brüel & Kjr, EDAG Engineering GmbH, FEV Group GmbH, HEAD acoustics GmbH, Schaeffler Engineering GmbH, Siemens Industry Software Inc., STS Group AG, IAC Acounstics, Carcoustics, 3M, Dun & Bradstreet Inc., and AZL Aachen GmbH. Technological advancements are a key trend gaining popularity in the automotive acoustic engineering services market. Major companies operating in the automotive acoustic engineering services market are introducing new technologies to sustain their position in the market. For instance, in February 2020, Hyundai, a South Korea-based automotive company, and HARMAN International, a US-based subsidiary of Samsung Electronics Co., launched the world's first active system for road-noise cancellation, Road-Noise Active Noise Control (RANC) system. By cancelling out undesirable noise coming from the tyres and road surfaces during driving, it lowers the noise level within the cabin. It is built on HALOsonic suite of noise cancellation technology and reduces unwanted noise by up to 50% to combat road noise and enhance driving experience. In November 2021, Alder Pelzer Group, a Germany-based producer of acoustic and thermal components for the automotive sector, acquired Faurecia's acoustic and soft trim business for an undisclosed amount. This acquisition is expected to help Alder Pelzer Group to take another step towards realising its aim of becoming the world leader in automotive acoustics as an industrial investor with a long history of support for the automotive industry and a track record of expansion. Faurecia is a France-based automobile company that deals in automotive seating, interiors, and emissions control technologies. Asia-Pacific was the largest region in the automotive acoustic engineering services market in 2022. The regions covered in the automotive acoustic engineering services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive acoustic engineering services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive acoustic engineering services market includes revenues earned by entities by providing services such as aeroacoustics, audio signal processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive acoustic engineering services market research report is one of a series of new reports from The Business Research Company that provides automotive acoustic engineering services market statistics, including automotive acoustic engineering services industry global market size, regional shares, competitors with automotive acoustic engineering services market share, detailed automotive acoustic engineering services market segments, market trends and opportunities, and any further data you may need to thrive in the automotive acoustic engineering services industry. This automotive acoustic engineering services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Film refers to a motion image, a movie, or a collection of still images on film that are quickly displayed on a screen using light. Music refers to a pattern of sounds produced by musical instruments, voices, computers, or a mix of these, and is meant to be enjoyed by those who hear it. The main types of film and music are music recording, film, and video. Music recording refers to the physical record of a musical performance that is played back or reproduced. The various genres of film include action, horror, comedy, documentary, drama, and other genres. The different sectors include individual users, commercial users, and others. The global film and music market is segmented - 1) By Type: Music Recording, Film And Video 2) By Genre: Action, Horror, Comedy, Documentary, Drama, Other Genres 3) By End User: Individual Users, Commercial Users, Other End Users Subsegments Covered: Record Production, Music Publishers, Record Distribution, Sound Recording Studios, Film And Video Production, Film And Video Distribution, Post-Production Services, Film And Video Theatres, Other Film And Video Industries The global film and music market size grew from $319.12 billion in 2022 to $338.34 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global film and music is expected to grow to $413.9 billion in 2027 at a CAGR of 5.2%. The penetration of newer distribution platforms like internet protocol television (IPTV) and Direct-to-home (DTH) and online platforms such as YouTube, Vimeo is driving the growth of the film and music market. Digitization of TV platforms is paving the way for better sound and picture quality for viewers and increased revenues for stakeholders in the value chain. This is also resulting in more bandwidth for broadcasters to provide value-added services, thereby boosting revenues. Digital production techniques in films have reduced processing and storage costs. Digital distribution and exhibition have led to enhanced picture quality and shortened release window. These factors are expected to positively impact the growth of the film and music market during the forecast period. Major companies in the film and music market include Vivendi SA, Sony Corp, The Walt Disney Company, Universal Music Group, Financière de l'Odet, Comcast Corporation, Warner Music, Viacom Inc., CBS Corporation, and FUJI MEDIA HOLDINGS INC. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the film and music markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the film and music market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Film and music production companies are increasingly adopting motion capture technology to reduce costs associated with key frame-based animations. Motion capture is the process of recording a live motion event and translating it into actionable data that allows a 3D recreation of the performance. To achieve these, performers need to wear reflective markers all over their bodies which are then interpreted by a computer and turned into digital 3D models. Through this technology, real-time results are achieved faster, and it also reduces the cost of key-frame animation. Some recent box-office blockbusters which incorporated motion capture technology include Avengers, Captain America, Beauty, and the Beast, Guardians, Iron Man, and others. North America was the largest region in the film and music market in 2022. Western Europe was the second-largest region in the film and music market share. The regions covered in the film and music market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the film and music market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The film and music market research report is one of a series of new reports from The Business Research Company that provides film and music market statistics, including film and music industry global market size, regional shares, competitors with a film and music market share, detailed film and music market segments, market trends and opportunities, and any further data you may need to thrive in the film and music industry. This film and music market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The film and music market includes revenues earned by entities by offering services like production and/or distribution of motion pictures, videos, television programs, or commercials, from the exhibition of motion pictures or from the provision of postproduction and related services of the production and distribution of musical recordings, from publishing music, or from providing sound recording services in the film and music industry. The market includes the production and distribution of animated cartoons, and instructional videos. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

A music recording is a physical record of a musical performance that may be replayed or reproduced. The main types of music recording are record production, music publishers, record distribution, and sound recording studios. A music publisher is a sort of publishing company that focuses on the distribution of music. The different genres include rock, hip hop, pop, jazz, others and are used in several applications such as mechanical, performance, synchronization, digital, others. the various end-users include individuals, and commercial. The global music recording market is segmented - 1) By Type: Record Production, Music Publishers, Record Distribution, Sound Recording Studios 2) By Application: Mechanical, Performance, Synchronization, Digital, Other Applications 3) By End-User: Individual, Commercial 4) By Genre: Rock, Hip hop, Pop, Jazz, Other Genres The global music recording market grew from $51.52 billion in 2022 to $54.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The music recording market is expected to grow to $69.06 billion in 2027 at a CAGR of 5.9%. Access to music on mobile platforms has increased significantly in recent years and this trend is likely to continue in the forecast period, thus driving the music recording market. This is mainly driven by the rise in internet penetration and growth in smartphones and tablets, especially in emerging countries. In 2021, there was an 65% increase in music streaming accounts. Thus, a rise in the demand for music content through mobile platforms is expected to have a positive effect on the market during the forecast period. Major companies in the music recording market include Sony Corp, Universal Music Group, Warner Music, Financière de l'Odet, Avex Inc., Bertelsmann SE & Co KGaA, FUJI MEDIA HOLDINGS Inc., Hasbro Inc., and GMM Grammy Public Company Limited. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the music recording markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the music recording market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Many music recording companies are offering to auto-tune applications to allow singers to exaggerate vocals and create a new pitch-perfect sound. Auto-Tune is an audio processing software used to measure and alter pitch in vocal and instrumental music recordings and performances. It is used to tweak small inaccuracies when singers sing out of tune and to retain the emotional content of the performance. For instance, major music recording studios offering to auto-tune software are Abbey Road Studios, London and Capitol Studios, Los Angeles to tune vocal recordings, add special effects and natural sound allowing the singer to sound pitch-perfect. Asia-Pacific was the largest region in the music recording market in 2022. Western Europe is expected to be the fastest growing region in the forecast period. . The regions covered in the music recording report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the music recording market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The music recording market includes revenues earned from the production and distribution of musical recordings, from publishing music, or from providing sound recording. Music recording is the electrical, mechanical, electronic, or digital inscription and playback of sound waves such as voice, song, instrumental music, and sound effects. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The music recording market research report is one of a series of new reports from The Business Research Company that provides music recording market statistics, including music recording industry global market size, regional shares, competitors with a music recording market share, detailed music recording market segments, music recording market trends and opportunities, and any further data you may need to thrive in the music recording industry. This music recording market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Consumer electronics repair and maintenance refers to the service of refurbishing and replacing body parts of electronic equipment, gadgets, devices, and appliances that end consumers use for professional and non-professional purposes. These are also engaged in repairing and maintaining consumer electronics such as televisions, stereos, speakers, video recorders, CD and DVD players, radios, and cameras, without retailing new consumer electronics. The main types of consumer electronics repair and maintenance are loudspeakers and sound bars, microphones, amplifiers and mixers, music players and other devices, televisions, video players, and video cameras. A microphone is a device that converts airborne sound waves into electrical signals or records them on a recording medium. The different service types include in-warranty, and warranty and are used by various verticals such as industrial and commercial, and residential. The global consumer electronics repair and maintenance market is segmented - 1) By Type: Loudspeakers and Sound Bars, Microphones, Amplifiers and Mixers, Music players and other devices, Televisions, Video Players, Video Cameras. 2) By Service Type: In-warranty, Out of Warranty 3) By End User: Industrial and commercial, Residential The global consumer electronics repair and maintenance market size will grow from $8.43 billion in 2022 to $8.72 billion in 2023 at a compound annual growth rate (CAGR) of 3.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global consumer electronics repair and maintenance market size is expected to grow to $9.64 billion in 2027 at a CAGR of 2.5%. An increase in equipment failure rates and cost benefits of repairing old equipment rather than disposing of them are expected to drive the consumer electronics repair and maintenance market. The branded and non-branded low-cost products regularly flood the market and need repair in some time as they are made with poor quality material or due to regular maintenance. However, research suggests that companies are now taking a different approach, which is building products that could be easily repaired for use as fixing an issue in a gadget is always a cost-effective solution than buying a new one, thereby enhancing the trust of the customer. Customers tend to buy and refer to the products of the company that offers repair manuals, and spare parts and provide assistance and guidance on fixing the product. Apple has begun assembling the older iPhone in India. Companies like iFixit and Repair Cafe are bringing people together to work on repairing devices. The European Commission is all set to discuss eco-design regulations for smartphones in 2021, including access to spare parts and repair information. Therefore, an increase in equipment failure rates and cost benefits of repairing old equipment is promoting the growth of the consumer electronics repair and maintenance market. Major players in the consumer electronics repair and maintenance market are Encompass Supply Chain Solutions Inc., Electronix Services, iCracked Inc., Mendtronix Inc., Moduslink Global Solutions, MicroFirst Gaming Inc., Quest International, Inc., The Cableshoppe Inc., uBreakiFix, B2X CARE SOLUTIONS GMBH, Redington Services, and Repair World Direct. The COVID-19 pandemic has significantly impacted the consumer electronics repair and maintenance industry as governments across the globe have imposed lockdowns and put restrictions on non-essential services to prevent the spread of the virus. Repair and maintenance services hugely depend on labor and the availability of labor during this pandemic is a big challenge. The repair industry across countries such as the US, the UK, Germany, Italy, the Middle East, and India has also witnessed an increase in labor costs due to labor shortages during the lockdown. The repairing industry, in general, fixes around 25 million electronic appliances in a month, but due to lockdown and social distancing norms, the products are expected to pile up for repair. Besides, the supply chain disruptions in various countries have made it difficult to find spare components for mobile and other electronic appliances making consumers wait longer for availing of services. Consumer electronics repair and maintenance service providers are focusing on leveraging augmented reality (AR) based maintenance and repair procedures. AR is an enhanced version of reality where direct and indirect view of physical world environments are combined with superimposed computer-generated images over a user’s view of the real world. Use of these AR based repair or maintenance procedures allow users to enhance their field of view with real-time digital information. With this information the user can get the step by step instructions on how to repair an asset. For example, US based technology company Dell's new 2022 AR Assistant app uses augmented reality to guide users through step-by-step, at-home repairs or replacements to over 97 different systems in 7 languages. The AR Assistant app allows users to see their devices and guides users on repairing using mixed reality and informational overlays on the machine being repaired, leveraging a smartphone camera. The app also has an augmented clone technology on select systems, which displays a cloned server in any desired space and allows entire 360-degree interaction with a high degree of realism to make at-home repairs easier and less stressful and also reduce waste. Western Europe was the largest region in the consumer electronics repair and maintenance market share in 2022. Asia-Pacific was the second-largest region in the global consumer electronics repair and maintenance market. The regions covered in the global consumer electronics repair and maintenance industry reports are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the consumer electronics repair and maintenance market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The consumer electronics repair and maintenance market consists of revenues earned by entities engaged in repairing and maintaining consumer electronics, such as televisions, stereos, speakers, video recorders, CD and DVD players, radios, and cameras, without retailing new consumer electronics. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The consumer electronics repair and maintenance market research report is one of a series of new reports from The Business Research Company that provides consumer electronics repair and maintenance market statistics, including consumer electronics repair and maintenance industry global market size, regional shares, competitors with a consumer electronics repair and maintenance market share, detailed consumer electronics repair and maintenance market segments, market trends and opportunities, and any further data you may need to thrive in the consumer electronics repair and maintenance industry. This consumer electronics repair and maintenance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.