PUNE, India --- The report "Noise Vibration Harshness (NVH) Testing Market by Type (Sensors & Transducers, Meters, Analyzers, Software), Application (Environmental Noise, Pass-by-Noise, Noise Mapping, Acoustics, Sound Quality & Power and Telecom Testing) - Global Forecast to 2022", published by MarketsandMarkets, The NVH testing market is expected grow from USD 1.57 Billion in 2015 to reach USD 2.08 Billion by 2022, at a CAGR of 4.05% between 2016 and 2022.
The Noise Vibration Harshness Testing Market is driven by the increasing environmental noise level which is forcing the automotive manufacturers to reduce the noise levels, growing focus on fuel efficiency. In the future, increasing motor vehicle production over the years and increasing features of motor vehicles enabling the adoption of multi-channel equipment for NVH testing.
"Meters segment accounted for the largest share of the market based on type"
Meters is the largest segment of the market based on hardware primarily due to the increased demand for measuring the noise from the automotive & transportation sectors, to reduce the pass-by-noise levels of automobiles. The growth in the automotive & transportation segment is attributed to the surge in design & development activities of hybrid & electric vehicles in North America and Europe.
"Automotive & transportation segment is estimated to be the largest market based on vertical"
The automotive & transportation segment is expected to witness the largest market share between 2016 and 2022. This is primarily due to the increasingly stringent pass-by-noise levels for the automotive across the globe and the growing demand for hybrid and electric vehicles and its increasing need to measure low-level noise is expected to drive the NVH testing market.
"Environmental noise segment is estimated to be the fastest-growing market based on application"
The environmental noise segment is expected to grow at the highest CAGR between 2016 and 2022. This expected growth is attributed to the increasing population exposure to environmental noise which leads the government agencies to form legislations to reduce the noise levels from automotive. The growth in the environmental noise application is primarily due to stringent legislations to monitor noise across the European Union member states as part of environmental noise directive (END).
"North America is expected to be the largest market for NVH testing during the forecast period"
The North America accounted for the largest share of the NVH testing market in 2015. This large share can be attributed to the presence of large industrial base, particularly automotive & transportation, aerospace & defense, and power generation are expected to propel the growth of the NVH testing market in North America.
This report also profiles the most promising players in the NVH testing market. Major companies operational in the NVH testing market include National Instruments Corporation (U.S.), Brüel & Kjær Sound & Vibration Measurement A/S (Denmark), Head Acoustics GmbH (Germany), imc Meßsysteme GmbH (Germany), DEWEsoft d.o.o (Slovenia), Siemens Product Lifecycle Management Software, Inc. (U.S.), G.R.A.S Sound and Vibration A/S (Denmark), Muller-BBM Holding AG (Germany), Prosig, Ltd. (U.K.), and M+P international Mess-und Rechnertechnik GmbH (Germany).
Browse 68 market data Tables and 64 Figures spread through 160 Pages and in-depth TOC on "Noise Vibration Harshness (NVH) Testing Market" at http://www.marketsandmarkets.com/Market-Reports/noise-vibration-harshness-testing-market-47022073.html
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