According to a new report, published by KBV research, The Global Noise, Vibration & Harshness (NVH) Testing Market size is expected to reach $3.18 billion by 2031, rising at a market growth of 5.7% CAGR during the forecast period.
Smart cities rely on innovative solutions to enhance public transportation, construct energy-efficient buildings, and deploy advanced machinery, which require careful noise and vibration management. NVH testing plays a pivotal role in designing quieter public transport systems, such as electric buses, trams, and subways, ensuring that these systems operate efficiently while minimizing noise pollution.
The Hardware segment is experiencing a CAGR of 5.4 % during the forecast period. The hardware segment is driven by the need for precise and reliable testing equipment, such as sensors, transducers, microphones, and data acquisition systems. These tools are essential for capturing accurate noise and vibration measurements across various industries, including automotive, aerospace, and industrial manufacturing.
The Sound Intensity & Quality Analysis segment led the maximum revenue in the Global Noise, Vibration & Harshness (NVH) Testing Market by Application in 2023, thereby, achieving a market value of $1.4 billion by 2031. The segment is driven by the growing demand for quieter and acoustically superior products across industries such as automotive, consumer electronics, and industrial machinery. Increasing consumer preference for enhanced comfort and reduced noise levels, coupled with stringent regulatory standards for permissible sound levels, has significantly boosted the adoption of sound quality testing.
The Automotive segment is growing at a CAGR of 4.6 % during the forecast period. The automotive segment is driven by the industry's need to enhance ride comfort, reduce cabin noise, and comply with increasingly stringent noise and vibration regulations. The growing popularity of electric and hybrid cars, which don't produce the typical engine noise, makes NVH testing even more necessary and draws attention to other sources of noise.
Full Report: https://www.kbvresearch.com/noise-vibration-harshness-testing-market/
The Asia Pacific region dominated the Global Noise, Vibration & Harshness (NVH) Testing Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.2 billion by 2031. The North America region is anticipated to grow at a CAGR of 4.8% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 5.3% during (2024 - 2031).
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