$2.93 Bn Active Noise and Vibration Control System Market 2017 by Component (Hardware, Software), Application (Noise, Vibration), Platform (Commercial, Military) and Region - Global Forecast to 2022 - Research and Markets

DUBLIN--()--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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Related Topics: Mechanical Engineering, Industrial Automation

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Mechanical Engineering, Industrial Automation