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NVH TESTING MARKET BY APPLICATION, TYPE, VERTICAL AND REGION- GLOBAL FORECAST TO
2028

 * Publish Date:April 2023

 * Number of Pages:286

 * Report ID:4430747

 * Format:PDF

 * Publisher:MarketsandMarkets

 * 

€ 4404
USD EUR GBP

1 User License - PDF
Allows one user to access the report
Department License - PDF
Allows you to share the report with up to 5 users
Corporate License - PDF
Allows all employees within the organization globally
Site License - PDF
Allows all users within the site to access the report in a defined country
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Immediate Delivery
 * Summary
 * Table of contents
 * Methodology
 * Related Topics
 * Related Reports


SUMMARY

The NVH testing market is projected to reach USD 3.0 billion by 2028 from USD
2.2 billion in 2023, at a CAGR of 6.3% from 2023 to 2028. 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. Moreover, the emergence of new application areas
for NVH testing solutions, the development of advanced sensor technologies, and
the shift toward electric vehicles are expected to provide ample growth
opportunities for market players in the NVH testing market.

Data Acquisition Systems is expected to account for the largest market share in
NVH testing hardware market during the forecast period
Data acquisition systems are used in NVH testing to gather data from different
sensors and equipment, such as microphones, accelerometers, tachometers, and
other devices that measure noise, vibration, and other factors.

Signal Analysis Software is expected to account for the largest market share in
software segment during the forecast period
Signal analysis software is used to analyze and interpret data collected during
NVH testing, including vibration signals, acoustics signals, and other data.The
software offers tools to analyze signals in both the time and frequency domains,
including spectral analysis and signal filtering.

Moreover, the software provides visualization options in graphs, charts, and 3D
animations, enabling users to easily identify trends and patterns in the data.

North America is expected to account for the largest market share during the
forecast period
The region is witnessing an increasing adoption of autonomous and electric
vehicles, which in turn is driving the NVH testing market. Furthermore, the
increasing focus on renewable energy and the presence of established aerospace &
defense companies in the region are expected to provide growth opportunities for
players in the NVH testing market.

Asia Pacific is expected to account for the highest CAGR during the forecast
period
The Asia Pacific region is the world’s largest automotive production hub, with
China, Japan, India, and South Korea among the top ten global producers.The Asia
Pacific region is also a leader in electric vehicle (EV) production and
adoption.

Increased vehicle production is a major factor driving the demand for NVH
testing in Asia Pacific.

The break-up of profile of primary participants in the NVH testing market-
• By Company Type: Tier 1 – 50%, Tier 2 – 30%, Tier 3 – 20%
• By Designation Type: C Level – 35%, Director Level – 30% , Others – 35%
• By Region Type: North America – 40%, Europe – 25%, Asia Pacific – 20%, Rest of
the World – 15%

The major players of NVH testing market are National Instruments Corporation
(US), Siemens Digital Industries Software (US), Brüel & Kjær (Denmark),
Axiometrix Solutions (US), and HEAD acoustics GmbH (Germany) among others.

Research Coverage
The report segments the NVH testing market and forecasts its size based on type,
application, vertical, and region.The report also provides a comprehensive
review of drivers, restraints, opportunities, and challenges influencing the
market growth.

The report also covers qualitative aspects in addition to the quantitative
aspects of the market.

Reasons to buy the report:
The report will help the market leaders/new entrants in this market with
information on the closest approximate revenues for the overall NVH testing
market and related segments.This report will help stakeholders understand the
competitive landscape and gain more insights to strengthen their position in the
market and plan suitable go-to-market strategies.

The report also helps stakeholders understand the pulse of the market and
provides them with information on key market drivers, restraints, opportunities,
and challenges.

The report provides insights on the following pointers:
• Analysis of key drivers (stringent government regulations to reduce noise
pollution, growing need for NVH testing in automotive vertical, growing adoption
of automated condition monitoring for smart factories), restraints (availability
of rental NVH testing equipment, reliability issues in prediction capabilities
of NVH solutions, lack of skilled workforce), opportunities (emergence of new
applications for NVH testing, development of advanced sensor technologies, shift
toward electric vehicles), and challenges (difficulty in selecting NVH testing
equipment, integration of NVH systems with other systems, high retrofitting
costs for incorporating NVH solutions) influencing the growth of the NVH testing
market)
• Product Development/Innovation: Detailed insights on upcoming technologies,
research & development activities, and new product launches in the NVH testing
market
• Market Development: Comprehensive information about lucrative markets – the
report analyses the NVH testing market across varied regions
• Market Diversification: Exhaustive information about new products, untapped
geographies, recent developments, and investments in the NVH testing market
• Competitive Assessment: In-depth assessment of market shares, growth
strategies and product offerings of leading players like National Instruments
Corporation (US), Siemens Digital Industries Software (US), Brüel & Kjær
(Denmark), Axiometrix Solutions (US), HEAD acoustics GmbH (Germany).


TABLE OF CONTENTS

1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 MARKET DEFINITION 32
1.2.1 INCLUSIONS AND EXCLUSIONS AT COMPANY LEVEL 33
1.2.2 INCLUSIONS AND EXCLUSIONS AT TYPE LEVEL 33
1.2.3 INCLUSIONS AND... Read all the Table of contents


METHODOLOGY

Our market research methodology is designed to provide the clients with
comprehensive and accurate information on various industries and markets. It
includes data collection, primary interviews, macro-economic factor analysis,
country-level data analysis etc.

Read about our Methodology


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