Aircraft Active Noise and Vibration Control System Market: Global Industry Trends and COVID-19 Impact Analysis

The new report published by Stratview Research, titled Aircraft Active Noise and Vibration Control System Market, is Segmented by Platform Type (Fixed-Wing Aircraft and Rotary-Wing Aircraft), by System Type (Active Vibration Control System, Active Noise Control System, and Integrated Control System), by Component Type (Hardware [Sensors, Actuators, Controllers, and Communication System} and Software), and by Region (North America, Europe, Asia-Pacific, and Rest of The World)

COVID-19 Impact & Recovery:

The impact of such trends is visible on the aircraft active vibration and noise control system market, which is estimated to nose-dive in 2020.
All the major economies had enforced lockdowns which resulted in a temporary halt of production in aircraft assembly plants. Halt in the production facility of Airbus in France and Italy; Rafale production halts in France; increase in tariffs on Airbus aircraft by the USA; and US-China trade war are impacting the industry’s growth adversely in 2020. In May 2020, ICAO has projected a possible loss of US$ 238 to 418 billion to the gross operating revenue of airlines across the world.
It is difficult to state when the impact of the pandemic starts to fade away. However, it is predicted that the aviation industry will log a V-shape curve similar to previous pandemics, such as SARS (2003) and MERS (2015). However, the curve would be deeper than the ones registered in SARS and MERS with huge short-term ramifications.

Despite excruciating market environments, the overall five-year growth (CAGR) of the aircraft active noise and vibration control system market is subjected to gradually recover from 2021 onwards, reaching the market value of US$ 0.35 billion in 2025, offering good growth opportunities for the market participants as well as investors in the long run.

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Research Methodology

This report offers actionable insights and is the outcome of an extensive study comprising of secondary research, primary interviews with industry stakeholders, validation and triangulation with Stratview Research’s internal database. Experts at Stratview Research have conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

The report also covers market structure, market environment analysis, market segment trend and forecast, competitive landscape and dynamics, attractive market segments and associated growth opportunities, emerging trends, strategic growth opportunities for the existing and new players, and key success factors.

Key Players:

Some of the key players in the Aircraft Active Noise and Vibration Control System Market mentioned in the report are-
• Lord Corporation (Parker-Hannifin Corporation)
• Hutchinson SA
• Moog Inc.
• Ultra Electronics Holdings Plc
• Ro-Ra Aviation System GmbH
• Terma A/S.

Key Insights Presented in the Report:

- Market Drivers - After several interviews with the key players active in the Aircraft Active Noise and Vibration Control System Market, the researchers have listed down few factors that have majorly affected the growth of the key players. This can assist the users in formulating their growth strategies accordingly.

- Industry Life Cycle Analysis: The report consists of evolution of an industry or business based on its stages of growth and decline. The four phases of the industry life cycle that are covered in the study are the introduction, growth, maturity, and decline phases.

- Market Attractiveness – Taking into account the market size, and growth rate, and the level of competition and other constraints, the report also is aided with market attractiveness.

- Key success factors- KSFs refer to one of the crucial strategic tools. Correct understanding of the key success factors is a good base for a well-structured company differentiation. To help the user with proper development and execution of strategy.

Custom Research:

Stratview research delivers custom research services across the sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.

Report TOC Click Here: https://www.stratviewresearch.com/547/active-noise-and-vibration-control-system-market.html

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