Active Noise and Vibration Control (ANVC) System Market Growth Opportunities and Future Scope
The Active Noise and Vibration Control (ANVC) System Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, the report also contains information on profit opportunities. This Active Noise and Vibration Control (ANVC) System Market report mentions the market share and growth rate of each region, country, and sub-region during the estimated period. It mainly includes regions like North America, South America, Asia and Pacific, and Europe.
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Active Noise and Vibration Control (ANVC) System Market Competitive Landscape:
- Bosch General Aviation Technology GmbH
- Creo Dynamics AB
- Hutchinson SA
- LORD Corporation
- Moog, Inc.
- Terma A/S
- Ultra-Electronics Holdings PLC
- Wolfe Aviation.
Active Noise and Vibration Control (ANVC) System Market by Component (Hardware, Software), Application (Noise, Vibration), Platform (Commercial, Military), and region (North America, Europe, Asia-Pacific, Middle East, Africa, and South America). The global Active Noise and Vibration Control (ANVC) System Market size is projected to reach a CAGR of 4.2% from 2023–2030.
Active noise controls systems are also known as active noise reduction systems, which are used to reduce unwanted noise in an aircraft. The active noise can be reduced by designing sound-specific aircraft interiors. The vibration control systems are applications of force in equal and opposite patterns to the forces caused by external vibrations. This application can minimize the internal vibrations caused in an aircraft. The active noise and vibration control (ANVC) systems can impact positively the air transport industry as well as the airline industry as they will enhance passenger comfort during the flight.
Growth in the Active Noise and Vibration Control (ANVC) System Market can largely be attributed to factors such as the demand for improvement of aircraft performance as it improves the pilot and crew’s performance. The less noise and vibration will allow the pilot and crew to communicate with each other without any hassles and also it will allow the pilot to communicate with air traffic controllers. In addition, the aircraft performance is improved by using the active noise and vibration control systems in an aircraft, as the vibrations would cause damage to the aircraft fuselage, windshield, windows, doors, and cargo. Furthermore, less noise and vibrations in the aircraft will enhance the aircraft’s performance which will lead to growth in air traffic as the number of passengers will increase owing to the enhanced passenger comfortability. Hence, the rise in air traffic is propelling the market for active noise and vibration controls systems to grow in the future.
On the other hand, the strict rules and regulations set by the airline authorities and defense authorities are compelling the manufacturers of active noise and vibration control systems to restrict their design. This factor in the future will hinder the growth of the market. Furthermore, as active noise and vibration control systems are a new technology in the aircraft industry, the reliability of the different components such as sensors, actuators, and controllers among others is less. The less reliability of the components is inhibiting the active noise and control systems market to grow.
The recent COVID-19 outbreak has significantly affected the world and it continues to shatter several countries. Until the outbreak, the industries were experiencing substantial growth in terms of production and services in their respective fields. The outbreak has led governments to impose strict lockdown measures to contain the spread. This factor has had an adverse impact on the manufacturing sectors since the manufacturing facilities are either temporarily shut down or allowed to operate with a limited workforce. This slowed down the production rates and limited the rate of adoption among the end users, thereby reflecting a negative impact on the respective manufacturer’s business. This also has disturbed the active noise and vibration control system market growth. End users across the globe are also observing unfavorable business scenarios, which is limiting them from offering new contracts and procuring previously placed orders for components.
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Delvens Industry Expert’s Standpoint
The market for active noise and vibration controls systems is expected to grow significantly over the next few years as technological advancement research is being carried out all over the world. Over time, the market for active noise and vibration control (ANVC) systems has been driven by the need to increase aircraft performance but there are rules and restrictions by airline authorities as well that are restricting the design of active noise and vibration control systems. The dependency on the parts used in active noise and vibration management systems will rise as a result of advanced technologies. The market for active noise and vibration control systems is anticipated to grow as more aircraft are outfitted with ANVC systems as a result of the introduction of new technologies.
Key Findings
- The market under the application segment is segmented into active noise and vibration control systems. The vibration segment is expected to witness high growth during the forecast period, owing to increasing deliveries of rotary wing and turboprop aircraft.
- The market under the component segment is segmented into hardware and software. The Hardware Systems segment is dominating the market with the highest market share and is expected to grow substantially and dominate the global market during the forecast period. The section shows each type of production, revenue received price, and market share, as well as growth rate.
- The market under the platform segment is segmented into commercial and military. The commercial component is witnessing the highest market share with a strong market during the forecast period.
Regional Analysis
North America to Dominate the Market
- On the other hand, North America is expected to dominate the active noise and vibration control system market during the forecast period from 2016 to 2022. Countries considered for market analysis in the North American region include the U.S. and Canada. The general and commercial aviation industry in the North American region has witnessed considerable growth over the past few years, owing to an increase in aircraft deliveries. In addition, growth in the aviation sector and air travel is expected to drive the demand for ANVCS in the region. Leading active noise and vibration control system manufacturers such as LORD Corporation (U.S.) and Moog Inc. (U.S.) are headquartered in this region.
- Asia-pacific is anticipated to grow at the highest CAGR during the forecast period.
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Recent Developments
- February 3, 2022 — Bosch, a leading global supplier of technology and services, today announced that it will implement a new Bosch-branded, automotive workshop franchise in the U.S. This workshop franchise will create a stronger link between the technical competence of Bosch in the OE sector and the enabling of workshops for future opportunities and challenges.
- March 14,2019 — LORD Corporation, a global diversified technology, and manufacturing company have announced plans to expand operations at its Hückelhoven, Germany facility — an investment of 14 million euros. This expansion project will position LORD to provide optimal support to the fast-growing electric vehicle (EV) market, especially in Germany and all over Europe. The expanded operations will also enable LORD to be closer in proximity to its customers, meet their needs in a faster manner, improve performance, and reduce end costs.
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