The noise, vibration & harshness (nvh) testing global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Noise Vibration and Harshness NVH Testing Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The noise, vibration & harshness (nvh) testing market size has grown steadily in recent years. It will grow from $2.03 billion in 2023 to $2.12 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to stringent government regulations to reduce noise pollution, growing need for nvh testing in automotive vertical, increasing focus on vehicle comfort and ride quality, growth in the automotive and transportation sectors, shift toward electric vehicles.
The noise, vibration & harshness (nvh) testing market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to increasing use of lightweight materials and structures in automotive design, adoption of nvh testing in electric and hybrid powertrains, growth in the aerospace industry with applications in aircraft nvh testing, focus on customer experience, adoption of advanced materials and designs in vehicle manufacturing. Major trends in the forecast period include integration of artificial intelligence (ai) and machine learning, use of virtual testing and simulation techniques, customization of nvh solutions for specific vehicle models and applications, collaboration between nvh testing providers and automakers, development of portable and compact nvh testing equipment for on-the-go analysis.
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Scope Of Noise Vibration and Harshness NVH Testing Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
Government regulations to reduce noise pollution are significantly driving the growth of the noise, vibration, and harshness (NVH) testing market. Noise pollution refers to unwanted and long-term noise levels that lead to adverse effects on humans and other wildlife organisms. Noise pollution is hazardous and causes a variety of health issues such as sleep disturbance, hypertension, hearing loss, dementia, psychological dysfunctions, and affects the cardiovascular and metabolic system. Governments are working on policy planning and regulations building globally to control noise pollution and control and optimize noise pollution advanced noise, vibration, and harshness testing products and services are required. For instance, in July 2021, The National Planning Policy Framework was revised by the government of the UK. The National Planning Policy Framework has provisions on noise that demand the local planning policies protection against noise and identifying and protecting existing tranquil environments from noise pollution. Therefore, government regulations to reduce noise pollution are contributing to the growth of the noise, vibration, and harshness (NVH) testing market.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The noise, vibration & harshness (nvh) testing market covered in this report is segmented –
1) By Type: Hardware, Software
2) By Application: Impact Hammer Testing And 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
3) By End-User: Automotive And Transportation, Aerospace And Defense, Power Generation, Consumer Electronics, Construction, Other End-Users
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Regional Insights –
North America was the largest region in the noise, vibration & harshness (NVH) testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the noise, vibration & harshness (nvh) testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the noise, vibration & harshness (nvh) testing market report are National Instruments Corporation, Siemens AG, Brüel & Kjær Sound & Vibration Measurement A/S, imc Test & Measurement GmbH, HEAD acoustics GmbH, Signal. X Technologies LLC, GRAS Sound & Vibration A/S, Prosig Ltd., Dewesoft d. o. o., m+p international Mess- und Rechnertechnik GmbH, Müller-BBM VibroAkustik Systeme GmbH, ECON Technologies Co Ltd., Erbessd Instruments LLC, Honeywell International Inc., PCB Piezotronics Inc., Polytec GmbH, Siemens Digital Industries Software, Axiometrix Solutions, Dewesoft, Prosig, Kistler Group, AVL List GmbH, HBM GmbH & Co KG, Norsonic AS, Svantek Sp zoo, VIBRO-ACOUSTICS GmbH, Spectral Dynamics, LMS International, Noise Control Engineering, Acoustic Systems, Larson Davis Laboratories, Oros & Associates Inc., Data Physics Corporation
Table of Contents
1. Executive Summary
2. Noise Vibration and Harshness NVH Testing Market Report Structure
3. Noise Vibration and Harshness NVH Testing Market Trends And Strategies
4. Noise Vibration and Harshness NVH Testing Market – Macro Economic Scenario
5. Noise Vibration and Harshness NVH Testing Market Size And Growth
…..
27. Noise Vibration and Harshness NVH Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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