DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Active Noise and Vibration Control (ANVC) System Market by Component (Hardware, Software), Application (Noise, Vibration), Platform (Commercial, Military) and Region - Global Forecast to 2022" report to their offering.
The increasing use of active noise and vibration control system to enhance passenger comfort is one of the key factors expected to drive the growth of the market
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. Growth of this market is mainly driven by the increasing usage of active methods for damping noise and vibration in aircraft to enhance passenger comfort. However, component reliability issues of the active noise and vibration control system can restrain the growth of the market.
The hardware segment is estimated to lead the active noise and vibration control system market in 2016. The active noise and vibration control system market has been segmented based on component into hardware and software. The hardware segment has been categorized into sensors, controllers, actuators, and pilot & crew communication systems. Among these, the actuators subsegment is estimated to lead the hardware segment in 2016.
Based on application, the vibration segment is estimated to lead the active noise and vibration control system market in 2016. Increasing adoption of active vibration control systems in rotary wing aircraft is expected to drive the growth of the segment. In addition, increase in deliveries of rotorcraft in Europe and Asia-Pacific is anticipated to boost the growth of the vibration segment in the coming years.
North America is expected to dominate the active noise and vibration control system market during the forecast period
Market Dynamics
Drivers
- Enhanced Passenger Comfort
- Improved Pilot and Cabin Crew Performance
- Improved Aircraft Performance
- Rise in Air Passenger Traffic
Restraints
- Component Reliability Issues
- Stringent Industry Regulations
Opportunities
- Advancements in System Components
- Increasing Adoption of Anvcs in the Commercial Aviation Sector
Challenges
- Limitation to Completely Eliminate Noise and Vibration
Companies Mentioned
- Bosch General Aviation Technology GmbH
- Creo Dynamics AB
- Hutchinson SA
- Lord Corporation
- Moog Inc.
- OIS Aerospace
- Terma A/S
- Ultra Electronics Holdings PLC
- Wolfe Aviation
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