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Noise Vibration Harshness (NVH) Testing Market Worth 2.08 Billion USD by 2022
  • India - English


News provided by

MarketsandMarkets

Nov 30, 2016, 08:30 ET

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PUNE, India, November 30, 2016 /PRNewswire/ --

The report "Noise Vibration Harshness (NVH) Testing Market by Type (Sensors & Transducers, Meters, Analyzers, Software), Application (Environmental Noise, Pass-by-Noise, Noise Mapping, Acoustics, Sound Quality & Power and Telecom Testing) - Global Forecast to 2022", published by MarketsandMarkets, The NVH testing market is expected grow from USD 1.57 Billion in 2015 to reach USD 2.08 Billion by 2022, at a CAGR of 4.05% between 2016 and 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 68 market data Tables and 64 Figures spread through 160 Pages and in-depth TOC on "Noise Vibration Harshness (NVH) Testing Market"  


http://www.marketsandmarkets.com/Market-Reports/noise-vibration-harshness-testing-market-47022073.html

Early buyers will receive 10% customization on this report.

The Noise Vibration Harshness Testing Market is driven by the increasing environmental noise level which is forcing the automotive manufacturers to reduce the noise levels, growing focus on fuel efficiency. In the future, increasing motor vehicle production over the years and increasing features of motor vehicles enabling the adoption of multi-channel equipment for NVH testing.

"Meters segment accounted for the largest share of the market based on type" 

Meters is the largest segment of the market based on hardware primarily due to the increased demand for measuring the noise from the automotive & transportation sectors, to reduce the pass-by-noise levels of automobiles. The growth in the automotive & transportation segment is attributed to the surge in design & development activities of hybrid & electric vehicles in North America and Europe.

"Automotive & transportation segment is estimated to be the largest market based on vertical" 

The automotive & transportation segment is expected to witness the largest market share between 2016 and 2022. This is primarily due to the increasingly stringent pass-by-noise levels for the automotive across the globe and the growing demand for hybrid and electric vehicles and its increasing need to measure low-level noise is expected to drive the NVH testing market.

"Environmental noise segment is estimated to be the fastest-growing market based on application" 

The environmental noise segment is expected to grow at the highest CAGR between 2016 and 2022. This expected growth is attributed to the increasing population exposure to environmental noise which leads the government agencies to form legislations to reduce the noise levels from automotive. The growth in the environmental noise application is primarily due to stringent legislations to monitor noise across the European Union member states as part of environmental noise directive (END).

"North America is expected to be the largest market for NVH testing during the forecast period" 

The North America accounted for the largest share of the NVH testing market in 2015. This large share can be attributed to the presence of large industrial base, particularly automotive & transportation, aerospace & defense, and power generation are expected to propel the growth of the NVH testing market in North America.


Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=47022073

This report also profiles the most promising players in the NVH testing market. Major companies operational in the NVH testing market include National Instruments Corporation (U.S.), Brüel & Kjær Sound & Vibration Measurement A/S (Denmark), Head Acoustics GmbH (Germany), imc Meßsysteme GmbH (Germany), DEWEsoft d.o.o (Slovenia), Siemens Product Lifecycle Management Software, Inc. (U.S.), G.R.A.S Sound and Vibration A/S (Denmark), Muller-BBM Holding AG (Germany), Prosig, Ltd. (U.K.), and M+P international Mess-und Rechnertechnik GmbH (Germany).

Browse Related Reports 

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http://www.marketsandmarkets.com/Market-Reports/ndt-services-market-207570323.html

North America Electromagnetic NDT Market by Method (Eddy Current Testing, Remote Field Testing, Magnetic Flux Leakage Testing), by Vertical (Oil & Gas, Power Generation, Automotive, Aerospace), by Country (The U.S., Canada, Mexico) - Trends & Forecast to 2015 - 2020
http://www.marketsandmarkets.com/Market-Reports/north-america-electromagnetic-ndt-market-11920041.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Markets and Markets
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