South America Active Noise and Vibration Control System Market

Market Introduction

The SAM aircraft manufacturing industry is experiencing substantial growth due to the increasing demand for commercial aircraft. The growing disposable incomes in SAM countries and the presence of top players such as Boeing and Airbus are some of the factors that are driving the demand of these aircraft. In a SAM scenario, commercial aircraft are anticipated to maintain a continuous growth over the coming years, regardless of several challenges faced by the commercial airlines such as uncertain fuel prices and other regulatory changes in various countries. The growing production of aircraft, demands the integration of advanced equipment such as anti-vibration and noise control systems, to offer smooth journey experience to the passengers. The latest aircraft fly at different altitudes that produce noise and vibrations of different levels. The passive noise and vibration control systems are ineffective in reducing a considerable percentage of the noise and passenger and create inconvenience to the passenger during their journey. Thus, the use of smaller, lightweight components to reduce noise and vibrations in the cabin as well as the cockpit are integrated into active systems, which efficiently reduce both noise, vibration and weight of the aircraft. This factor is attracting significant number of aircraft OEMs and component OEMs, which is catalyzing the SAM active noise and vibration control system market. Factor like accentuating attention into aircraft weight reduction is expected to create a significant demand for active noise and vibration control system in the coming years, which is further anticipated to drive the SAM market. Furthermore, in case of COVID-19, Brazil has the highest number of COVID-19 cases in SAM region. Brazil is the largest spender in the aerospace industry and is the only modern aircraft manufacturing country in the region. Owing to this, the demand for components and parts is an all-time high in the country. The slowdown in the production of commercial and military aircraft in the country has impaired the supply chain in Brazil. This has weakened the demand for several components, including active noise and vibration control systems. Thus, the outbreak of COVID-19 has had a harsh impact on SAM active noise and vibration control system market, especially in Brazil.   

Market Overview and Dynamics

The active noise and vibration control system market in SAM is expected to grow from US$ 404.64 million in 2019 to US$ 600.66 million by 2027; it is estimated to grow at a CAGR of 5.3 % from 2020 to 2027.Growing adoption of active systems in railway manufacturing will push the demand of active noise and vibration control systems in SAM. The railway industry across the SAM is growing at a considerable rate over the years, with several on-going technological advancements reflecting safer and comfortable journeys. The railway equipment (bogies and load carts) experience significant vertical vibrations and noise, which increase several types of risk while in operations. To suppress the vibrations and noise, several railway equipment manufacturers are increasingly focusing on the adoption of noise and vibration control systems. An active system with inertial mass actuators mounted on the bogies can control low frequency noise and vibrations inside the compartments. In addition, the active systems are generally electromechanical systems, which is the becoming the key preference among the railway equipment manufacturers. This factor is expected to generate significantly higher demand for active systems among the railway equipment manufacturers, thereby catalyzing the SAM active noise and vibration control system market.

Key Market Segments

In terms of type, the vibration segment accounted for the largest share of the SAM active noise and vibration control system market in 2019. In terms of system, the actuators segment held a larger market share of the SAM active noise and vibration control system market in 2019. Further, the aerospace segment held a larger share of the market based on application in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred for preparing this report on active noise and vibration control system market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Faurecia Creo AB; Honeywell International Inc.; Hutchinson; Moog Inc.; Parker Hannifin Corporation; Trelleborg AB.

Reasons to buy report

• To understand the SAM active noise and vibration control system market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM active noise and vibration control system market.
• Efficiently plan M&A and partnership deals in SAM active noise and vibration control system market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM active noise and vibration control system market
• Obtain market revenue forecast for market by various segments from 2020-2027 in SAM region.

SAM Active Noise and Vibration Control System Market

By Type

• Vibration
• Noise

By System

• Sensors
• Actuators
• Controllers
• Dampers

By Application

• Aerospace

• Fixed Wing
• Rotary Wing (Helicopters)

• Defense

• Ground Vehicles
• Naval Vessels

• Railway
• General Industries

• Manufacturing
• Energy& Power (Wind Turbines)

By Country

• Brazil
• Rest of SAM

South America Active Noise and Vibration Control System Market Strategic Insights

South America Active Noise and Vibration Control System Market Segmentation Analysis

South America Active Noise and Vibration Control System Market Report Highlights

South America Active Noise and Vibration Control System Report Scope

South America Active Noise and Vibration Control System Market Country and Regional Insights