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  • Active Noise and Vibration Control (ANVC) System Market expected to be worth 2.93 Billion USD by 2022




    (Aviation-NewsWire.Com, June 17, 2017 ) The report "Active Noise and Vibration Control (ANVC) System Market by Component (Hardware, Software), Application (Noise, Vibration), Platform (Commercial, Military) and Region - Global Forecast to 2022", 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. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022.



    Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=207516152



    Browse 76 tables and 52 figures spread through 133 Pages and in-depth TOC on "Active Noise and Vibration Control (ANVC) System Market"

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    Factors such as enhanced passenger comfort with the use of ANVC systems and increasing aircraft deliveries are some of the factors expected to drive the growth of the market.



    Based on application, the vibration segment is projected to witness high growth during the forecast period



    Based on application, the vibration segment of the active noise and vibration control system market is projected to witness high growth from 2016 to 2022, as majority of rotary wing aircraft and helicopter manufacturers are installing active vibration control systems to enhance the performance of the aircraft.



    Based on component, the software segment is projected to witness high growth during the forecast period



    Based on component, the software segment of the active noise and vibration control system market is projected to witness high growth from 2016 to 2022. This growth can be attributed to the increasing digitalization of the active noise and vibration control system.



    Based on platform, the commercial segment is projected to witness high growth during the forecast period



    Based on platform, the commercial segment of the active noise and vibration control system market is projected to witness high growth during the forecast period. Increase in the deliveries of commercial aircraft is expected to drive the growth of this segment.



    Asia-Pacific is expected to be the fastest-growing market for active noise and vibration control systems during the forecast period



    The active noise and vibration control system market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period, owing to increase in aircraft deliveries in the Asia-Pacific region. Furthermore, countries such as India and China are increasingly investing in upgrades from passive to active noise and vibration control system, which is expected to further aid the growth of the market in near future.



    Major players in the active noise and vibration control system market include LORD Corporation (U.S.), Ultra Electronics Holdings plc. (U.K.), and Moog Inc. (U.S.).



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    MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.



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