Report : Europe Active Noise and Vibration Control System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Vibration and Noise); System (Sensors, Actuators, Controllers, and Dampers); Application (Aerospace (Fixed Wing and Rotary Wing (Helicopters)), Defense (Ground Vehicles and Naval Vessels), Railway, General Industries (Manufacturing and Energy & Power (Wind Turbines)) and Country
Vibration Segment to Dominate Europe Active Noise and Vibration Control System Market during 2019–2027
According to a new market research study on “Europe Active Noise and Vibration Control System Market to 2027 – Regional Analysis and Forecast by Type, Systems, and Application,” is expected to reach US$ 1,880.05 Mn by 2027 from US$ 1,083.91 Mn in 2019. The market is estimated to grow at a CAGR of 7.6% from 2020 to 2027. The report provides trends prevailing in the Europe active noise and vibration control system market along with the drivers and restraints pertaining to the market growth. The Europe active noise and vibration control system market is showcasing an upward trend over the past couple of years and is anticipated to reflect a similar trend during the forecast period. The growth of the active noise and vibration control system market is majorly attributed to significant investments towards advanced technologies in the aerospace, defense, railway, manufacturing and energy & power industry. Over the past few decades, the commercial aviation industry has grown immensely; the rate of technological transformation has been outstanding, which has stimulated the demand for various products and services. Pertaining to the fact that the anti-vibration and sound control system overcome the challenges by its predecessors, and has showcased significant benefits among various industry, the demand for the same is growing in the commercial aviation industry, which is driving the active noise and vibration control system market.
The active noise and vibration control system market has been segmented based on type, system, application, and country. Based on type, the market has been fragmented into vibration and noise. The vibrations segment represented the largest share of the overall market throughout the forecast period and is expected to be the fastest-growing. Based on the system, the active noise and vibration control system market has been segmented into sensors, actuators, controllers, and dampers. In 2019, actuators contributed a substantial share in the Europe active noise and vibration control system market, followed by sensors, respectively. The active noise and vibration control system market is further segmented on the basis of application into aerospace, defense, railway, and general application. During the forecast period, the growing demand from commercial aircraft manufacturers is expected to drive the market.
Europe held the second largest share of the active noise and vibration control system market in 2019. The key active noise and vibration control system market players profiled in this research study are Fabreeka International, Inc., FAURECIA CREO AB, Honeywell International Inc., Hutchinson, Moog Inc., Parker Hannifin Corporation, Terma A/S, Trelleborg AB, and VICODA GMBH
Europe Active Noise and Vibration Control System Market, By Country, 2019 and 2027 (%)
The report segments the Europe Active Noise and Vibration Control System Market as follows:
Active Noise and Vibration Control System Market– By Type
- Vibration
- Noise
Active Noise and Vibration Control System Market – By System
- Sensors
- Actuators
- Controllers
- Dampers
Active Noise and Vibration Control System Market– By Application
- Aerospace
- Fixed Wing
- Rotary Wing (Helicopters)
- Defense
- Ground Vehicles
- Naval Vessels
- Railway
- General Industries
- Manufacturing
- Energy & Power (Wind Turbines)
Active Noise and Vibration Control System Market – By Country
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe