Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Mar 20, 2020 8:04 AM ET

Key Trends in NVH Testing Market


iCrowd Newswire - Mar 20, 2020

The NVH testing market to grow from USD 1.6 billion in 2016 to USD 2.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2017–2023). The major factors that are expected to be driving the NVH market are adoption of stringent government regulations to reduce noise pollution and increasing demand for automotive and car infotainment system. The objective of the report is to define, describe, and forecast the NVH market size based on type, application, end user, and region.

 

Download PDF Brochure:

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

 

By end user, Power generation end user to grow at the highest CAGR during the forecast period

The NVH testing market for power generation end user is expected to register the highest CAGR between 2017 and 2023. Stringent legislative obligations placing high pressure on OEMs to design and manufacture low noise level equipment is one of the major factors leading to the growth of the NVH testing market for the power generation end user.

 

By type, the software type to record the highest CAGR during the forecast period

The NVH testing market for software, by type, is expected to register a higher CAGR between 2017 and 2023. Changing technology and requirement for the NVH testing equipment used across several industries is the major factor leading to the growth of the NVH testing market for software.

 

Europe to grow at the highest CAGR during forecast period

The NVH testing market in Europe is projected to grow at the highest CAGR between 2017 and 2023. Germany, the UK, France, and Italy are some of the prominent countries driving the growth of the NVH testing market in Europe. The adoption of stringent regulations for the reduction of pass-by-noise levels, which would help in reducing the overall environmental noise, as well as the presence of prominent NVH testing solution providers drives the market for NVH testing in Europe region.

 

Request Free Sample  Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=47022073

 

Key Market Players

National Instruments (US), Brüel & Kjær (Denmark), Siemens PLM Software (US), HEAD acoustics (Germany), m+p international (Germany), imc Meßsysteme (Germany), Dewesoft (Slovenia), GRAS Sound & Vibration (Denmark), Prosig (UK), Signal.X (US), Honeywell (US), ESI Group (France), Thermotron (US), Erbessed Reliability (US), Kistler Group (Switzerland),
IMV Corporation (Japan), ECON Technologies (China), Polytec (Germany), Benstone Instruments (US), PCB Piezotronics (US), OROS (France), AB Dynamics (UK), King Design (Taiwan), Data Physics (US), and VTI Instruments (US).

 

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

 

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

 

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” 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.



Contact Information:

Mr.
Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL
60062
USA: +1-888-600-6441
Email:
[email protected]






Keywords:    NVH Testing Market

Tags:    Extended Distribution, Wire, Research Newswire, English