Active Noise and Vibration Control (ANVC) System Market Look a Witness of Excellent Long-Term Growth
The global Active Noise and Vibration Control (ANVC) System Market size is projected to reach a CAGR of 4.2% from 2023-2030.
Active noise controls systems are also known as active noise reduction systems, which are used to reduce unwanted noise in an aircraft. The active noise can be reduced by designing sound-specific aircraft interiors. The vibration control systems are applications of force in equal and opposite patterns to the forces caused by external vibrations. This application can minimize the internal vibrations caused in an aircraft. The active noise and vibration control (ANVC) systems can impact positively the air transport industry as well as the airline industry as they will enhance passenger comfort during the flight.
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On the other hand, the strict rules and regulations set by the airline authorities and defense authorities are compelling the manufacturers of active noise and vibration control systems to restrict their design. This factor in the future will hinder the growth of the market. Furthermore, as active noise and vibration control systems are a new technology in the aircraft industry, the reliability of the different components such as sensors, actuators, and controllers among others is less. The less reliability of the components is inhibiting the active noise and control systems market to grow.
Recent Developments
· February 3, 2022 - Bosch, a leading global supplier of technology and services, today announced that it will implement a new Bosch-branded, automotive workshop franchise in the U.S. This workshop franchise will create a stronger link between the technical competence of Bosch in the OE sector and the enabling of workshops for future opportunities and challenges.
· March 14,2019 - LORD Corporation, a global diversified technology, and manufacturing company have announced plans to expand operations at its Hückelhoven, Germany facility – an investment of 14 million euros. This expansion project will position LORD to provide optimal support to the fast-growing electric vehicle (EV) market, especially in Germany and all over Europe. The expanded operations will also enable LORD to be closer in proximity to its customers, meet their needs in a faster manner, improve performance, and reduce end costs.
Prominent Players
· Bosch General Aviation Technology GmbH
· Creo Dynamics AB
· Hutchinson SA
· LORD Corporation
· Moog, Inc.
· Terma A/S
· Ultra-Electronics Holdings PLC
· Wolfe Aviation.
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North America to Dominate the Market
· On the other hand, North America is expected to dominate the active noise and vibration control system market during the forecast period from 2016 to 2022. Countries considered for market analysis in the North American region include the U.S. and Canada. The general and commercial aviation industry in the North American region has witnessed considerable growth over the past few years, owing to an increase in aircraft deliveries. In addition, growth in the aviation sector and air travel is expected to drive the demand for ANVCS in the region. Leading active noise and vibration control system manufacturers such as LORD Corporation (U.S.) and Moog Inc. (U.S.) are headquartered in this region.
· Asia-pacific is anticipated to grow at the highest CAGR during the forecast period.
The Active Noise and Vibration Control (ANVC) System Market Segmentation:
On the basis of component
· Hardware
· Software
On the basis of the application
· Noise
· Vibration
On the basis of the platform
· Commercial
· Military
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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