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Global NVH Testing, Market Trends, Opportunities, Report 2024

11-26-2024 05:01 AM CET | IT, New Media & Software

Press release from: The Business Research Company

NVH Testing, Market Growth, Global Opportunities, Analysis 2024

NVH Testing, Market Growth, Global Opportunities, Analysis 2024

The Business Research Company recently released a comprehensive report on the Global Noise, Vibration & Harshness (NVH) Testing Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The noise, vibration & harshness (nvh) testing market size has grown steadily in recent years. It will grow from $2.03 billion in 2023 to $2.12 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to stringent government regulations to reduce noise pollution, growing need for nvh testing in automotive vertical, increasing focus on vehicle comfort and ride quality, growth in the automotive and transportation sectors, shift toward electric vehicles.

The noise, vibration & harshness (nvh) testing market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to increasing use of lightweight materials and structures in automotive design, adoption of nvh testing in electric and hybrid powertrains, growth in the aerospace industry with applications in aircraft nvh testing, focus on customer experience, adoption of advanced materials and designs in vehicle manufacturing. Major trends in the forecast period include integration of artificial intelligence (ai) and machine learning, use of virtual testing and simulation techniques, customization of nvh solutions for specific vehicle models and applications, collaboration between nvh testing providers and automakers, development of portable and compact nvh testing equipment for on-the-go analysis.

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/noise-vibration-harshness-testing-global-market-report

Market Drivers and Trends:

Government regulations to reduce noise pollution are significantly driving the growth of the noise, vibration, and harshness (NVH) testing market. Noise pollution refers to unwanted and long-term noise levels that lead to adverse effects on humans and other wildlife organisms. Noise pollution is hazardous and causes a variety of health issues such as sleep disturbance, hypertension, hearing loss, dementia, psychological dysfunctions, and affects the cardiovascular and metabolic system. Governments are working on policy planning and regulations building globally to control noise pollution and control and optimize noise pollution advanced noise, vibration, and harshness testing products and services are required. For instance, in July 2021, The National Planning Policy Framework was revised by the government of the UK. The National Planning Policy Framework has provisions on noise that demand the local planning policies protection against noise and identifying and protecting existing tranquil environments from noise pollution. Therefore, government regulations to reduce noise pollution are contributing to the growth of the noise, vibration, and harshness (NVH) testing market.

Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

National Instruments Corporation, Siemens AG, Brüel & Kjær Sound & Vibration Measurement A/S, imc Test & Measurement GmbH, HEAD acoustics GmbH, Signal. X Technologies LLC, GRAS Sound & Vibration A/S, Prosig Ltd., Dewesoft d. o. o., m+p international Mess- und Rechnertechnik GmbH, Müller-BBM VibroAkustik Systeme GmbH, ECON Technologies Co Ltd., Erbessd Instruments LLC, Honeywell International Inc., PCB Piezotronics Inc., Polytec GmbH, Siemens Digital Industries Software, Axiometrix Solutions, Dewesoft, Prosig, Kistler Group, AVL List GmbH, HBM GmbH & Co KG, Norsonic AS, Svantek Sp zoo, VIBRO-ACOUSTICS GmbH, Spectral Dynamics, LMS International, Noise Control Engineering, Acoustic Systems, Larson Davis Laboratories, Oros & Associates Inc., Data Physics Corporation

Noise, Vibration & Harshness (NVH) Testing Market 2024 Key Insights:

• The noise, vibration & harshness (nvh) testing market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.
• Government Noise Pollution Regulations Drive Expansion Of Noise, Vibration, And Harshness (NVH) Testing Market
• Rise In Testing Programs To Meet Rising Demand For Vehicle Sound Enhancement
• North America was the largest region in the noise, vibration & harshness (NVH) testing market in 2023

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Email: mailto:info@tbrc.info

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Learn More About The Business Research Company

The Business Research Company ( www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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