The NVH Testing Market, by Type, (Hardware, Software), End-Use Industry, (Automotive, Aerospace, White Goods, Others), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026

The Global NVH Testing Market Analysis:

NVH testing is the detailed study of noise, vibration, and harshness majorly in aerospace, automotive, white goods, and, other Sectors with a motive to modify it as per needs. NVH testing is targeted towards providing a safe and comfortable experience to a customer. The aim is to reduce harshness related to noise, which could make the product appearance unpleasant. 

Stringent government laws regarding noise pollution and increased demand for infotainment are key drivers for NVH testing market growth

Government laws and regulations regarding noise emissions are getting more stringent. In order to reduce the hazards caused by noise, the government has strictly created regulations that must be fulfilled by an end product before its market release. This has led to companies investing more in NVH testing, which will eventually boost the growth of the global NVH testing market, during the forecast timeframe. Furthermore, the growing demand for in-vehicle entertainment has opened up an extra opportunity for the NVH testing market. Additional equipment required to add entertainment luxury in vehicles leads to increased noise emissions, because of which NVH testing for cars is necessary. These key factors may significantly impact the global market for NVH testing. 

High availability of rental NVH testing equipment creates a challenging situation for the NVH testing market

Availability of rental and secondhand NVH testing equipment in the marketplace is anticipated to restrain the growth of the global NVH testing market, during the forecast period. Furthermore, complexities in selecting particular NVH testing equipment is also restraining the global market growth.

Heavy investment from auto-manufacturers in NVH testing has created a massive opportunity for the global market

Entertainment while traveling has become a top priority feature to be added in vehicles by the automotive industry. The in-vehicle entertainment gadgets that are attached to the vehicle have caused a rise in noise emissions and a rise in vibrations. Auto manufacturers hence are investing more time and money in NVH testing to lower these emissions. This has created a lucrative opportunity for the NVH testing market as the variations in-vehicle entertainment gadgets are on the rise, which eventually will increase the NVH testing demand by the automotive industry to make sure that the safety, product life, and comfort levels aren’t hampered in any way.

Global NVH testing market, by type:

Software segment will be the most lucrative till 2026

The software for the global NVH market will have exponential growth in the global market and is projected to generate noteworthy revenue during the forecast period; this is mainly because these software are capable of capturing, recording, analyzing, and portraying results of noise and vibrations emitted. The software stores previous data which can be helpful for organizations in future product testing and rectifying problems. Automotive and white goods companies are highly investing in this sector as the software solutions are providing better results and are capable of offering possible solutions as well. The latest software development includes Brüel & Kjær’s pulse analysis software, which is capable of sound and vibration analysis and also problem detection. 

Global NVH testing market, by end-Use Industry:

The automotive sector will capture the highest market share in NVH testing market

The automotive segment for the NVH testing market will have the fastest growth in the forecast period and is expected to generate huge revenue in the global market. With the rise in demand for vehicles across the globe and the excessive market competition to develop the finest product, the automotive sector is cautious about the noise and vibration-related harms and damages and is dedicated to reduce them and maintain comfort and safety. This may lead to driving the demand for NVH testing in the global market. In addition, the rising customer demand related to infotainment systems and hybrid/electric vehicles is also expected to foster the global market growth. Furthermore, government supportive regulations that have enforced the automotive sector to lower noise pollution;these factors may  led to huge investments inflow by the automotive sector to the NVH testing market.

Global NVH testing market, by Region:

North America will have the largest market share in the NVH testing market, during the analysis period

The North America NVH testing market will have a dominating market share in the analysis period and is projected to register a significant revenue in the global market. In the current scenario, North America is the most technologically advanced region and is anticipated to invest the most in the NVH testing market. The region has numerous automotive manufacturing setups such as aerospace companies and white goods manufacturers which require these NVH testing technologies in high volume and on a recurring base. Due to the rise in purchasing power capacity and high living standards of consumers from this region, demand related to in-vehicle infotainment has significantly risen. All these factors have contributed to high investments in the NVH testing market from the North American region. National instruments, one of the top companies in the North America region, has bagged a lot of popularity for its LabVIEW software, which is used for measurement and automation-related activities. This software has proven to be of vital benefit to multiple automotive companies during the product development phase.

Europe region will foresee exponential growth in the NVH testing market, during the forecast period

The Europe NVH testing market will have the fastest growth and is expected to generate remarkable revenue, during the forecast period. Europe has some of the largest automotive sector manufacturers and various aerospace industries & defense firms that are mass-producing on a daily basis. Most of these industries require NVH testing technology to keep on testing the noise and vibrations. These factors may drive the demand for NVH testing in the projected period. Also, this region has some of the most strict government laws against noise pollution, which has been a potential reason for excessive investments in the NVH testing market. Moreover, several market players are implementing effective strategies such as technology advancement, innovation of  new products to acquire a prime position in the global market. For instance, Signal.X, an NVH testing company, has recently developed DSA 2.9, a vibration analysis and mixed-signal sound software. The newly launched software incorporates torsion, strain, temperature, current to routine sound and vibration.

To explore more about NVH Testing Market, get in touch with our analysts here.

https://www.researchdive.com/connect-to-analyst/227

Key participants in the global NVH Testing Market:

Merger & acquisition and advanced product development are the frequent strategies followed by the market players

Some of the leading NVH testing global players include Brüel & Kjær., Signal.X Technologies LLC, National Instruments., Prosig Ltd., Dewesoft d.o.o., imc Test & Measurement GmbH, Siemens Industry Software Inc.,  GRAS Sound & Vibration A/S., m+p international Mess- und Rechnertechnik GmbH, and HEAD acoustics GmbH.     

Market Players prefer inorganic growth strategies to expand into local markets. 

NVH testing market players are emphasizing more on merger & acquisition and advanced product development. These are the frequent strategies followed by established organizations. To emphasize more on the competitor analysis of market players, the porter’s five force model is explained in the report.

Source: Research Dive Analysis