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Stock impact report

Automotive Acoustic Engineering Services Market to surpass $11.2 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]

ASAHI KAISEI CRP UNSP/ADR (AHKSY) 
NASDAQ:AMEX Investor Relations: asahi-kasei.co.jp/asahi/en/ir
Company Research Source: Yahoo! Finance
Selbyville, Delaware, Sept. 11, 2024 (GLOBE NEWSWIRE) -- The automotive acoustic engineering services market valuation is predicted to exceed 11.2 billion by 2032, as reported in a research study by Global Market Insights Inc. Advancements in automotive technology and growing consumer demand for enhanced audio quality will catalyze industry growth over 2024–2032. As vehicles increasingly incorporate sophisticated sound systems, the need for advanced acoustic solutions becomes crucial. Innovations such as high-performance digital signal processors and real-time audio processing are enhancing in-vehicle audio experiences. Also, rising consumer expectations for superior sound quality push automotive manufacturers to invest in cutting-edge acoustic technologies and engineering services, further fueling automotive acoustic engineering services market growth. For instance, in July 2023, Asahi Kasei Microdevices (AKM) introduced the AK7709VQ multicore DSP for automotive use, designed Show less Read more
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