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NVH Testing Market to Witness Huge Growth by Key Players: National Instruments, Siemens PLM Software, Head Acoustics, Dewesoft, GRAS Sound & Vibration, Prosig, Honeywell, ESI Group, Thermotron, Erbessed Reliability and Others.

05-05-2020 07:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

NVH Testing Market to Witness Huge Growth by Key Players:

According to Market Study Report, NVH Testing Market provides a comprehensive analysis of the NVH Testing Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the NVH Testing Market. An exclusive data offered in this report is collected by research and industry experts team.

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The NVH Testing Market size is expected to grow from USD 2.1 Billion in 2020 to USD 2.9 Billion by 2025, at a CAGR of 6.9%. This report spread across 151 pages, profiling 10 companies and supported with 70 tables and 34 figures are now available in this research.

Top Key Players Profiled in the NVH Testing Market:
o National Instruments (US)
o Siemens PLM Software (US)
o Head Acoustics (Germany)
o imc Test & Measurement (Germany)
o Dewesoft (Slovenia) (US)
o GRAS Sound & Vibration (Denmark)
o Prosig (UK)
o m+p international (Germany)
o Signal.X (US)
o Honeywell (US)
o ESI Group (France)
o Thermotron (US)
o Erbessed Reliability (US)
o Kistler Group (Switzerland)
o IMV Corporation (Japan)
o Econ Technologies (China)
o Polytec (Germany)
o Benstone Instruments (US)

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"Automotive and transportation to hold largest share of NVH testing market during forecast period"
The automotive and transportation segment is expected to hold the largest size during the forecast period. NVH testing is an inseparable part of the automotive product and component design and development process. In recent years, various technologies, including mechatronics, telematics, and artificial intelligence, have been employed in motor vehicles to provide greater safety and comfort, as well as for the entertainment of travelers.

"Hardware type to hold larger share of NVH testing market in 2020"
The hardware segment is expected to hold the largest share of the market in 2020. The increasing use of mechanical and electronic systems comprising hardware components and software solutions in automotive, aircraft, and industrial testing equipment has led to the larger size of the hardware segment in the NVH testing market.

"North America to dominate NVH testing market in 2020"
North America is expected to dominate the NVH testing market in 2020. It is the most technologically advanced region wherein major automotive and aerospace & defense companies have their manufacturing plants and offices; this factor has resulted in the increased demand for NVH testing solutions in this region. North America is witnessing an increasing demand for premium cars with advanced infotainment systems.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 = 55%, Tier 2 = 25%, and Tier 3 =20%
o By Designation: Directors = 50%, Managers = 20%, Vice Presidents = 25%, Others = 5%
o By Region: North America = 40%, Europe = 35%, APAC = 15%, and RoW = 10%

Competitive Landscape of NVH Testing Market:
1 Introduction
2 Market Ranking Analysis: Nvh Testing Market
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Competitive Benchmarking
4.1 Strength Of Product Portfolio (25 Companies)
4.2 Business Strategy Excellence (25 Companies)
5 Competitive Scenario
5.1 Product Launches And Developments
5.2 Acquisitions
5.3 Partnerships, Collaborations, Alliances, And Joint Ventures

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Research Coverage:
This research report categorizes the global NVH testing market based on end-user industry, applications, type, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the NVH testing industry and forecasts the same till 2025.

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