Quadintel has recently released a survey report focusing on the worldwide NVH Testing Market. The study provides significant insights into growth strategies, prospects for business expansion, emerging trends and innovations, as well as the competitive landscape for the year 2023. Furthermore, the report includes a regional analysis encompassing North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
Global NVH testing market to reach USD 2.6 billion by 2027. Global NVH testing market is valued approximately at USD 1.8 billion in 2020 and is anticipated to grow with a healthy growth rate of about 5.5% over the forecast period 2021-2027.
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NVH testing (Noise Vibration and Harshness testing) accounts to be a critical component in any product during its development and design phase and is considered to be ideal to optimize vibration and noise of the vehicles, such as design, reduction, and quality assurance of the exterior and interior noise. The global NVH testing market is being driven by stringent government regulations to reduce noise pollution and shift toward electrification of vehicles. Furthermore, advancements in sensor and processor technologies will provide new opportunities for the global NVH testing industry. Market players across the globe are also significantly contributing towards the market growth through a range of strategic initiatives.
For instance, in 2021, HEAD Acoustics collaborated with BlackBerry QNX for the improvement of sound design workflow for automakers by the integration of BlackBerry QNX Active Sound Design software with the company’s NVH simulator, PreSense. Also, in 2020, Br? 1/4 el & Kj??r unveiled a new version of its NVH Simulator, 2019.1, which expands the capability to model hybrid and electric vehicles, along with more than 200 other enhancements and improvements. Such strategic initiatives taken by the market players across the globe is expected to further fuel developments in the market which is expected to boost the market growth. However, availability of rental and second-hand NVH testing equipment may impede market growth over the forecast period of 2021-2027.
Key Companies Covered in the NVH Testing Market Research are National Instruments, Siemens Digital Industries Software, Br? 1/4 el & Kj??r, HEAD acoustics, IMC Test & Measurement, Dewesoft, GRAS Sound & Vibration, Prosig, M+P International, Signal.X and other key market players.
The regional analysis of the global NVH testing market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific accounts for the largest share in terms of market revenue in the global NVH testing market over the forecast period 2021-2027. Factors such as growth in the vehicle manufacturing across countries such as China, India, and Japan, increase in the number of manufacturing facilities, rise in the penetration of automotive OEMs/plants, etc. contribute towards the largest market share of the region in the forecast years.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Hardware
Software
By Application:
Impact Hammer Testing & 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
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By Vertical:
Automotive & Transportation
Aerospace & Defense
Power & Energy
Consumer Appliances
Construction
Industrial Equipment
Mining & Metallurgy
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Core Chapters:
Chapter 1: Introduction: This chapter outlines the scope of the report and provides an executive summary of the different market segments, including the market size, future development potential, and evolution of the market in the short to mid-term and long term.
Chapter 2: Competitive Landscape: Here, we conduct a detailed analysis of the competitive landscape of market manufacturers, including price, output, and revenue market share, latest development plans, mergers, and acquisition information.
Chapter 3: Production and Value Analysis: This chapter provides a quantitative analysis of the production/output and value of market by region/country, identifying the market size and development potential of each region in the next six years.
Chapter 4: Consumption Analysis: We analyze the consumption of market in different regions and countries, introducing the market development, future prospects, market space, and capacity of each country in the world.
Chapter 5: Product Segment Analysis: This chapter provides an analysis of various market segments according to product type, covering the market size and development potential of each market segment.
Chapter 6: Application Segment Analysis: We analyze various market segments according to application, covering the market size and development potential of each market segment.
Chapter 7: Company Profiles: This chapter provides detailed profiles of key players in the market, including product production/output, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Industrial Chain Analysis: Here, we analyze the industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales Channel Analysis: We analyze the sales channel, distributors, and customers in this chapter.
Chapter 10: Market Dynamics Analysis: This chapter introduces the market dynamics, latest developments, driving factors, restrictive factors, challenges, and risks faced by manufacturers in the industry, along with an analysis of relevant policies.
Chapter 11: Production and Supply Forecast: We provide a production and supply forecast for the global and regional market.
Chapter 12: Consumption and Demand Forecast: This chapter provides a consumption and demand forecast for the global and regional market.
Chapter 13: Type and Application Forecast: We provide a quantitative analysis of the market size and development potential of each market segment in the next six years.
Chapter 14: Conclusion: Finally, we present the main points and conclusions of the report, providing readers with a comprehensive understanding of the market and its potential growth prospects.
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