Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Active Noise and Vibration Control System Market is expected to inflate at a CAGR of 7.2% by the forecast period (2020–2025).
Active Noise and Vibration Control System Market — Snapshot
Growth: 7.2% for next five years
Major Component Type: Software
Major Application Type: Vibration
Dominant Platform: Commercial
Region with the highest demand: Asia-Pacific
Key Players: Bosch General Aviation Technology GmbH, Creo Dynamics AB, Hutchinson SA, Lord Corporation, Moog Inc., Ois Aerospace, Ultra Electronics Holdings PLC, Terma A/S, and Wolfe Aviation.
Highlights of the Report:
Based on the component type, the market is segmented as hardware and software. The hardware segment is sub-segmented into sensors, controllers, actuators, and pilot & crew communication systems. The software segment is estimated to depict a higher growth during the forecast period, driven by the increasing adoption of digital active noise and vibration control systems.
Based on the application type, the market is segmented as vibration and noise. The vibration segment is expected to register a higher growth in the coming five years, owing to the snowballing deliveries of rotary wing and turboprop aircraft across the globe.
Based on the platform type, the market is segmented as commercial and military. The commercial segment has been further categorized into fixed wing and rotary wing. The commercial segment dominated the market in 2018, and is likely to maintain its dominance during the forecast period as well.
In terms of regions, Asia-Pacific is expected to register high growth in the global active noise and vibration control system market in the coming five years. Several emerging countries, such as China, India, and Japan, among others are exceedingly investing in the development of general aviation in the Asia-Pacific region, which is driving the market. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Key Players of the Market
Some of the major players in the active noise and vibration control system market are Bosch General Aviation Technology GmbH, Creo Dynamics AB, Hutchinson SA, Lord Corporation, Moog Inc., Ois Aerospace, Terma A/S, Ultra Electronics Holdings PLC, and Wolfe Aviation.
Features of the Report
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth
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