NVH Testing Market worth $3.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

CHICAGO, April 5, 2023 /PRNewswire/ -- The NVH testing market is expected to reach USD 3.0 billion by 2028 from USD 2.2 billion in 2023, at a CAGR of 6.3% during the 2023–2028 period according to a new report by MarketsandMarkets™. The major factors driving the market growth of the NVH testing market include stringent government regulations to reduce noise pollution, the growing need for NVH testing in the automotive vertical, and the growing adoption of automated condition monitoring solutions for smart factories.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=47022073

Browse in-depth TOC on "NVH Testing Market" 
210 – Tables
56 – Figures
293 – Pages

NVH Testing Market Report Scope:

Hardware is expected to account for the largest share of the NVH testing market during the forecast period.

Increasing demand for NVH testing from automotive manufacturers to optimize vehicle performance and improve standards is a major factor driving the market growth for NVH testing hardware. NVH testing is a critical parameter during the design and development phase as manufacturers need to adhere to the guidelines related to emitted noise and vibration provided by government bodies such as Environmental Protection Agency, as excess noise and vibrations are harmful to the human body. The growing need for longer life and improved performance of vehicles is a major factor providing opportunities for the adoption of NVH testing, thereby driving the market growth for NVH testing hardware components.

The automotive & transportation vertical is projected to account for the largest share of the NVH testing market during the forecast period.

Globally increasing vehicle production and the growing adoption of electric vehicles are major factors driving the NVH testing market growth for the automotive & transportation vertical. Moreover, the growing trend of adopting advanced technologies in vehicles and the constant focus of automotive manufacturers to offer vehicles with higher comfort levels are expected to provide opportunities for adopting NVH testing.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=47022073

Asia Pacific is expected to register the highest CAGR during the forecast period.

The growing vehicle production in China and other Asia Pacific countries and the subsequent increase in demand for NVH testing contribute to the region's market growth. Moreover, China is also home to several manufacturers of consumer appliances such as washing machines, air conditioners, and hair dryers, among others. The growing demand for such products would subsequently increase the need for NVH testing. Furthermore, the growing trend of using electric vehicles is also expected to contribute to the market growth of NVH testing in Asia Pacific.

The report profiles key players such as National Instruments Corporation (US), Siemens Digital Industries Software (US), Brüel & Kjær (Denmark), Axiometrix Solutions (US), HEAD acoustics GmbH (Germany), DEWESoft d.o.o (Slovenia), Prosig Ltd (UK), Signal.X Technologies LLC (US), and m+p international Mess- und Rechnertechnik GmbH (Germany), and Norsonis AS (Norway).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=47022073 

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports:

Vibration Monitoring Market by Offering (Hardware, Software, Services), Monitoring Process, Deployment Type, System Type (Embedded Systems, Vibration Analyzers, Vibration Meters), Industry, and Region – 2026

Vibration Sensors Market with Covid-19 Impact by Type (Accelerometers, Proximity Probes, Displacement Sensors, Velocity Sensors), Monitoring Process (Online and Portable), Equipment, Industry, and Region - Global Forecast to 2025

NDT and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy-Current, Ultrasonic, Radiographic, Terahertz Imaging, Acoustic Emission), Method, Service, Application, Vertical and Region-Global Forecast, 2028

Machine Condition Monitoring Market by Monitoring Technique (Vibration Monitoring, Thermography, Oil Analysis, Corrosion Monitoring, Ultrasound Emission), Monitoring Process (Online, Portable), Deployment, Offering - Global Forecast to 2027

Test and Measurement Equipment Market by Product Type (GPTE and MTE), Service Type (Calibration Services, Repair Services/After-sales Services), Verticals, and Region(APAC, Europe, North America) - Global Forecast to 2026

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/noise-vibration-harshness-testing-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/noise-vibration-harshness-testing.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

SOURCE MarketsandMarkets