The automotive noise insulation parts market size has grown strongly in recent years. It will grow from $6.98 billion in 2023 to $7.41 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The increase during the historical period can be ascribed to adherence to regulations, rising consumer demand, advancements in material science, integration of technology, growth in the automotive industry, cost-effectiveness, and environmental concerns.
The automotive noise insulation parts market size is expected to see strong growth in the next few years. It will grow to $9.46 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The rise projected for the forecast period can be attributed to the expansion of electric vehicles, adoption of advanced driver-assistance systems (ADAS), trends toward urbanization, global economic conditions, innovations in materials, optimization of supply chains, and digital transformation. Key trends expected in the forecast period include smart insulation, development of biodegradable materials, growth of 3D printing, use of augmented reality (AR) in design processes, predictive maintenance, improvements in energy efficiency, and innovative design approaches.
The automotive noise insulation parts market is poised for growth, driven by the increasing demand for electric vehicles (EVs). EVs, powered by electricity stored in batteries or other energy storage devices, are gaining popularity due to growing environmental consciousness and advancements in battery technology. To improve cabin comfort and meet sustainability targets, EV manufacturers are integrating advanced noise insulation parts into their vehicles. For instance, a report by the International Energy Agency (IEA) in April 2024 highlighted a substantial 35% year-on-year increase in electric car sales in 2023, totaling 3.5 million units. Electric cars accounted for 18% of all vehicle sales, up from 14% in 2022, underscoring the significant rise in EV demand that is propelling the automotive noise insulation parts market.
Key players in the automotive noise insulation parts market are focusing on innovative technologies such as sound-damping materials. These technologies effectively reduce noise and vibrations in automotive applications by absorbing sound energy and minimizing noise transmission. Autoneum Holding AG, for example, expanded its portfolio of sound insulation technologies in June 2022 to include Hybrid-Acoustics FLEX and Fit FLEX, specifically designed for EVs. These solutions are available globally, offering superior acoustic performance and supporting zero waste production practices. They contribute to enhanced comfort by effectively reducing noise emitted by critical components such as e-motors, inverters, and gearboxes.
In April 2023, Autoneum Holding AG, a Switzerland-based manufacturer specializing in vehicle acoustic and thermal insulation, completed the acquisition of Borgers Automotive Group for an undisclosed sum. This strategic acquisition is aimed at bolstering Autoneum's global leadership in sustainable vehicle acoustic and thermal management. By integrating Borgers Automotive Group, known for its expertise in vehicle noise insulation products, Autoneum enhances its product portfolio and expands its customer base, particularly in textile acoustics protection, insulation, and trim for vehicles.
Major companies operating in the automotive noise insulation parts market are General Motors Company, BASF SE, Continental AG, 3M Company, Faurecia S.A., Lear Corporation, Illinois Tool Works Inc. (ITW), Parker Hannifin Corporation, Toyota Boshoku Corporation, Freudenberg Group, Teijin Limited, Nitto Denko Corporation, Grupo Antolin, Hutchinson S.A., Hyosung Corporation, Autoneum Holding Ltd., Morgan Advanced Materials plc, Kasai Kogyo Co Ltd, Recticel NV, NVH Korea Inc., Lydall Inc., Suminoe Textile Co. Ltd., UGN Automotive Inc., Motus Integrated Technologies, Haartz Corporation, Hayashi Telempu Corp, JBC Technologies Inc., Eagle Industries Inc.
Asia-Pacific was the largest region in the automotive noise insulation parts market in 2023. The regions covered in the automotive noise insulation parts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive noise insulation parts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automotive noise insulation parts are designed components and materials used in vehicles to diminish and control undesirable sounds and vibrations. They are strategically positioned throughout the vehicle to mitigate noise originating from the engine, road, wind, and HVAC systems.
The primary categories of automotive noise insulation parts encompass dash insulation, hood insulation, floor insulation, door insulation, and roof insulation. Dash insulators, situated beneath the dashboard, serve to diminish noise and vibration from the engine and road, thereby improving cabin comfort and reducing driver distraction. Materials commonly used include fiberglass, foam, rubber, and polypropylene, tailored for various applications in passenger cars and commercial vehicles.
The automotive noise insulation parts market research report is one of a series of new reports that provides automotive noise insulation parts market statistics, including automotive noise insulation parts industry global market size, regional shares, competitors with an automotive noise insulation parts market share, detailed automotive noise insulation parts market segments, market trends and opportunities, and any further data you may need to thrive in the automotive noise insulation parts industry. This automotive noise insulation parts 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 automotive noise insulation parts market consists of sales of products such as wheel well liners, trunk liners, underbody shields, engine bay insulation, acoustic foam panels, firewall insulation, and carpet insulation. 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.
This product will be delivered within 3-5 business days.
The automotive noise insulation parts market size is expected to see strong growth in the next few years. It will grow to $9.46 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The rise projected for the forecast period can be attributed to the expansion of electric vehicles, adoption of advanced driver-assistance systems (ADAS), trends toward urbanization, global economic conditions, innovations in materials, optimization of supply chains, and digital transformation. Key trends expected in the forecast period include smart insulation, development of biodegradable materials, growth of 3D printing, use of augmented reality (AR) in design processes, predictive maintenance, improvements in energy efficiency, and innovative design approaches.
The automotive noise insulation parts market is poised for growth, driven by the increasing demand for electric vehicles (EVs). EVs, powered by electricity stored in batteries or other energy storage devices, are gaining popularity due to growing environmental consciousness and advancements in battery technology. To improve cabin comfort and meet sustainability targets, EV manufacturers are integrating advanced noise insulation parts into their vehicles. For instance, a report by the International Energy Agency (IEA) in April 2024 highlighted a substantial 35% year-on-year increase in electric car sales in 2023, totaling 3.5 million units. Electric cars accounted for 18% of all vehicle sales, up from 14% in 2022, underscoring the significant rise in EV demand that is propelling the automotive noise insulation parts market.
Key players in the automotive noise insulation parts market are focusing on innovative technologies such as sound-damping materials. These technologies effectively reduce noise and vibrations in automotive applications by absorbing sound energy and minimizing noise transmission. Autoneum Holding AG, for example, expanded its portfolio of sound insulation technologies in June 2022 to include Hybrid-Acoustics FLEX and Fit FLEX, specifically designed for EVs. These solutions are available globally, offering superior acoustic performance and supporting zero waste production practices. They contribute to enhanced comfort by effectively reducing noise emitted by critical components such as e-motors, inverters, and gearboxes.
In April 2023, Autoneum Holding AG, a Switzerland-based manufacturer specializing in vehicle acoustic and thermal insulation, completed the acquisition of Borgers Automotive Group for an undisclosed sum. This strategic acquisition is aimed at bolstering Autoneum's global leadership in sustainable vehicle acoustic and thermal management. By integrating Borgers Automotive Group, known for its expertise in vehicle noise insulation products, Autoneum enhances its product portfolio and expands its customer base, particularly in textile acoustics protection, insulation, and trim for vehicles.
Major companies operating in the automotive noise insulation parts market are General Motors Company, BASF SE, Continental AG, 3M Company, Faurecia S.A., Lear Corporation, Illinois Tool Works Inc. (ITW), Parker Hannifin Corporation, Toyota Boshoku Corporation, Freudenberg Group, Teijin Limited, Nitto Denko Corporation, Grupo Antolin, Hutchinson S.A., Hyosung Corporation, Autoneum Holding Ltd., Morgan Advanced Materials plc, Kasai Kogyo Co Ltd, Recticel NV, NVH Korea Inc., Lydall Inc., Suminoe Textile Co. Ltd., UGN Automotive Inc., Motus Integrated Technologies, Haartz Corporation, Hayashi Telempu Corp, JBC Technologies Inc., Eagle Industries Inc.
Asia-Pacific was the largest region in the automotive noise insulation parts market in 2023. The regions covered in the automotive noise insulation parts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive noise insulation parts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automotive noise insulation parts are designed components and materials used in vehicles to diminish and control undesirable sounds and vibrations. They are strategically positioned throughout the vehicle to mitigate noise originating from the engine, road, wind, and HVAC systems.
The primary categories of automotive noise insulation parts encompass dash insulation, hood insulation, floor insulation, door insulation, and roof insulation. Dash insulators, situated beneath the dashboard, serve to diminish noise and vibration from the engine and road, thereby improving cabin comfort and reducing driver distraction. Materials commonly used include fiberglass, foam, rubber, and polypropylene, tailored for various applications in passenger cars and commercial vehicles.
The automotive noise insulation parts market research report is one of a series of new reports that provides automotive noise insulation parts market statistics, including automotive noise insulation parts industry global market size, regional shares, competitors with an automotive noise insulation parts market share, detailed automotive noise insulation parts market segments, market trends and opportunities, and any further data you may need to thrive in the automotive noise insulation parts industry. This automotive noise insulation parts 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 automotive noise insulation parts market consists of sales of products such as wheel well liners, trunk liners, underbody shields, engine bay insulation, acoustic foam panels, firewall insulation, and carpet insulation. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Noise Insulation Parts Market Characteristics3. Automotive Noise Insulation Parts Market Trends and Strategies32. Global Automotive Noise Insulation Parts Market Competitive Benchmarking33. Global Automotive Noise Insulation Parts Market Competitive Dashboard34. Key Mergers and Acquisitions in the Automotive Noise Insulation Parts Market
4. Automotive Noise Insulation Parts Market - Macro Economic Scenario
5. Global Automotive Noise Insulation Parts Market Size and Growth
6. Automotive Noise Insulation Parts Market Segmentation
7. Automotive Noise Insulation Parts Market Regional and Country Analysis
8. Asia-Pacific Automotive Noise Insulation Parts Market
9. China Automotive Noise Insulation Parts Market
10. India Automotive Noise Insulation Parts Market
11. Japan Automotive Noise Insulation Parts Market
12. Australia Automotive Noise Insulation Parts Market
13. Indonesia Automotive Noise Insulation Parts Market
14. South Korea Automotive Noise Insulation Parts Market
15. Western Europe Automotive Noise Insulation Parts Market
16. UK Automotive Noise Insulation Parts Market
17. Germany Automotive Noise Insulation Parts Market
18. France Automotive Noise Insulation Parts Market
19. Italy Automotive Noise Insulation Parts Market
20. Spain Automotive Noise Insulation Parts Market
21. Eastern Europe Automotive Noise Insulation Parts Market
22. Russia Automotive Noise Insulation Parts Market
23. North America Automotive Noise Insulation Parts Market
24. USA Automotive Noise Insulation Parts Market
25. Canada Automotive Noise Insulation Parts Market
26. South America Automotive Noise Insulation Parts Market
27. Brazil Automotive Noise Insulation Parts Market
28. Middle East Automotive Noise Insulation Parts Market
29. Africa Automotive Noise Insulation Parts Market
30. Automotive Noise Insulation Parts Market Competitive Landscape and Company Profiles
31. Automotive Noise Insulation Parts Market Other Major and Innovative Companies
35. Automotive Noise Insulation Parts Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Automotive Noise Insulation Parts Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive noise insulation parts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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Description
Where is the largest and fastest growing market for automotive noise insulation parts? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive noise insulation parts market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Dash Insulator; Hood Insulator; Floor Insulator; Door Insulator; Roof Insulator2) By Material: Fiberglass; Foam; Rubber; Polypropylene
3) By Application: Passenger Car; Commercial Vehicle
Key Companies Mentioned: General Motors Company; BASF SE; Continental AG; 3M Company; Faurecia S.A.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- General Motors Company
- BASF SE
- Continental AG
- 3M Company
- Faurecia S.A.
- Lear Corporation
- Illinois Tool Works Inc. (ITW)
- Parker Hannifin Corporation
- Toyota Boshoku Corporation
- Freudenberg Group
- Teijin Limited
- Nitto Denko Corporation
- Grupo Antolin
- Hutchinson S.A.
- Hyosung Corporation
- Autoneum Holding Ltd.
- Morgan Advanced Materials plc
- Kasai Kogyo Co Ltd
- Recticel NV
- NVH Korea Inc.
- Lydall Inc.
- Suminoe Textile Co. Ltd.
- UGN Automotive Inc.
- Motus Integrated Technologies
- Haartz Corporation
- Hayashi Telempu Corp
- JBC Technologies Inc.
- Eagle Industries Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 7.41 Billion |
Forecasted Market Value ( USD | $ 9.46 Billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Global |
No. of Companies Mentioned | 28 |