“Automotive & transportation segment is estimated to be the largest market based on vertical” The automotive & transportation segment is expected to witness the largest market share between 2016 and 2022. This is primarily due to the increasingly stringent pass-by-noise levels for the automotive across the globe and the growing demand for hybrid and electric vehicles and its increasing need to measure low-level noise is expected to drive the NVH testing market. “Environmental noise segment is estimated to be the fastest-growing market based on application” The environmental noise segment is expected to grow at the highest CAGR between 2016 and 2022. This expected growth is attributed to the increasing population exposure article source to environmental noise which leads the government agencies to form legislations to reduce the noise levels from automotive. The growth in the environmental noise application is primarily due to stringent legislations to monitor noise across the European Union member states as part of environmental noise directive (END). “North America is expected to be the largest market for NVH testing during the forecast period” The North America accounted for the largest share of the NVH testing market in 2015. This large share can be attributed to the presence of large industrial base, particularly automotive & transportation, aerospace & defense, and power generation are expected to propel the growth of the NVH testing market in North America. Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=47022073 This report also profiles the most promising players in the NVH testing market. Major companies operational in the NVH testing market include National Instruments Corporation (U.S.), Bruel & Kjr Sound & Vibration Measurement A/S (Denmark), Head Acoustics GmbH (Germany), imc Mesysteme GmbH (Germany), DEWEsoft d.o.o (Slovenia), Siemens Product Lifecycle Management Software, Inc.
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