News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
(USGovernment-News.Com, March 23, 2017 ) The report "Active Noise and Vibration Control (ANVC) System Market by Component (Hardware, Software), Application (Noise, Vibration), Platform (Commercial, Military) and Region - Global Forecast to 2022", The active noise and vibration control system market is projected to grow from USD 2.16 Billion in 2016 to USD 2.93 Billion by 2022, at a CAGR of 5.15% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022.
Browse 76 tables and 52 figures spread through 133 Pages and in-depth TOC on "Active Noise and Vibration Control (ANVC) System Market".
Early buyers will receive 10% customization on this report.
Factors such as enhanced passenger comfort with the use of ANVC systems and increasing aircraft deliveries are some of the factors expected to drive the growth of the market.
Based on application, the vibration segment is projected to witness high growth during the forecast period
Based on application, the vibration segment of the active noise and vibration control system market is projected to witness high growth from 2016 to 2022, as majority of rotary wing aircraft and helicopter manufacturers are installing active vibration control systems to enhance the performance of the aircraft.
Based on component, the software segment is projected to witness high growth during the forecast period
Based on component, the software segment of the active noise and vibration control system market is projected to witness high growth from 2016 to 2022. This growth can be attributed to the increasing digitalization of the active noise and vibration control system.
Based on platform, the commercial segment is projected to witness high growth during the forecast period
Based on platform, the commercial segment of the active noise and vibration control system market is projected to witness high growth during the forecast period. Increase in the deliveries of commercial aircraft is expected to drive the growth of this segment.
Asia-Pacific is expected to be the fastest-growing market for active noise and vibration control systems during the forecast period
The active noise and vibration control system market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period, owing to increase in aircraft deliveries in the Asia-Pacific region. Furthermore, countries such as India and China are increasingly investing in upgrades from passive to active noise and vibration control system, which is expected to further aid the growth of the market in near future.
Major players in the active noise and vibration control system market include LORD Corporation (U.S.), Ultra Electronics Holdings plc. (U.K.), and Moog Inc. (U.S.).
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. For more information, please visit www.marketsandmarkets.com
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:
