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North America to hold the largest share of the NVH testing market between 2017 and 2023

03-12-2020 12:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Automotive and transportation is expected to hold the largest share of the NVH testing market between 2017 and 2023

On the basis of end user, the NVH testing market for automotive and transportation held the largest share of the NVH testing market in 2016. Advancements in vehicle technology and increasing use of the semiconductor content in vehicles, as well as increasing challenges to test them during the design and development process, has led to the dominance of automotive and transportation in the NVH testing market.

https://www.marketsandmarkets.com/Market-Reports/noise-vibration-harshness-testing-market-47022073.html

Telecom testing application to register the highest CAGR during the forecast period

The NVH testing market for the telecom testing application is expected to register the highest CAGR between 2017 and 2023. Advancement in telecommunications technology affecting features of design including generation of acoustic noise and its impact on human lives have driven the demand for the telecom testing application in the NVH testing market.

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North America to hold the largest share of the NVH testing market between 2017 and 2023

North America held the largest share of the NVH testing market in 2016. North America is the most technologically advanced and has the presence of major automotive and aerospace and defense companies; this factor has resulted in the increased demand for NVH testing applications in this region. Moreover, the presence of prominent NVH testing solutions providers is expected to support the growth of the NVH testing market in North America.

Major players in the NVH testing market are National Instruments (US), Br?el & Kj?r (Denmark), Siemens PLM Software (US), HEAD acoustics (Germany), m+p international (Germany), imc Me?systeme (Germany), Dewesoft (Slovenia), GRAS Sound & Vibration (Denmark), Prosig (UK), and Signal.X (US).

Mr. Sanjay Gupta
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MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

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