Global NVH Market Will Reach 21836.97 Million USD By The End Of 2022
The global NVH market is valued at 20768.43 Million USD in 2017 and will reach 21836.97 Million USD by the end of 2022, growing at a CAGR of 10.08% during 2017-2022.
NVH stands for noise, vibration, and harshness, and the noise is what the driver and passengers can hear, the vibration is what they can feel and the harshness is how much of an effect thumps, bumps, noise and vibration have on the cabin and its occupants. It is an aggregative indicator with which to measure the quality of automobile manufacturing. As many as one-third vehicle faults are related to the NVH of vehicles.
NVH can be divided into two categories– rubber shock absorber type and sound insulation type. Rubber shock absorber’s revenue market share accounted for the highest proportion, with a figure of 75.86% in 2017, sound insulation type account for 24.14%.
The sales revenue market share of global NVH in automobile market and auto parts market have been stable year by year, at 88.78% and 11.22% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the NVH in the global market tends to be fixed without great changes. Among them, the NVH market has the most promising sales prospects in automobile market.
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OMR center data shows that Asia-Pacific is the biggest contributor to the NVH revenue market, accounted for 49.78% of the total global market with a revenue of 10338.91 million USD in 2017, followed by Europe, 23.89% with a revenue of 4962.18 million USD.
Sumitomoriko is the largest company in the global NVH market, accounted for 16.09% of the revenue market share in 2017, followed by Autoneum and Zhuzhou Times, accounted for 10.07% and 3.66% of the revenue market share in 2017. It shows that the market is fragmented, it’s not very concentrated,
Siemens announced today that it has signed an agreement to acquire the Noise, Vibration, and Harshness (NVH) end-of-line quality testing business of Saab Medav Technologies GmbH, a global provider of state of the art signal processing, communications intelligence and analysis for air, land and naval applications, as well as NVH solutions for industrial quality testing.
Novoheart Holdings Inc. agreed to acquire all shares of privately held Xellera Therapeutics Ltd., which develops cell and gene therapies, for about C$33.8 million in an all-share transaction.
Geographically, this report split global into several key Regions,
with sales (K Units), revenue (M USD), market share and growth rate of NVH for these regions, from 2014 to 2026 (forecast), covering
• Southeast Asia
• South America
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Global NVH market competition by top manufacturers/players,
with NVH sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
• Zhuzhou Times
• Zhong Ding
• Cooper Standard
• Nihon Tokushu Toryo
• Asimco technologies
• JX Zhao’s
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Rubber Shock Absorber
• Sound Insulation
On the basis on the end users/applications,
this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of NVH for each application, including
• Auto Parts Market
• Automobile Market
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This release was published on openPR.
Originally Published on : https://www.openpr.com/news/2123966/global-nvh-market-will-reach-21836-97-million-usd-by-the-end
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