According to the recent research report titled ‘Global NVH Testing Market Size study, by Type (Hardware and Software), by Application (Impact Hammer Testing & Powertrain NVH Testing, Environmental Noise Measurement, Pass-by Noise Testing, Noise Source Mapping, Sound Intensity Measurement and Sound Quality Testing, Building Acoustics, Mechanical Vibration Testing, Product Vibration Testing), by Vertical (Automotive & Transportation, Aerospace & Defense, Power & Energy, Consumer Appliances, Construction, Industrial Equipment, Mining & Metallurgy, Others), and Regional Forecasts 2021-2027’, available with MarketStudyReport, global NVH testing market was worth USD 1.8 billion in 2020 and is expected to multiply with a CAGR of 5.5% over 2021-2027, subsequently amassing a valuation of USD 2.6 billion by the end of the forecast period.
 

Stringent government restrictions to limit noise pollution and shift towards electrification of vehicles are the primary factors driving global NVH testing market growth. Furthermore, advancements in sensor and processing technology will open new doors for industry expansion.
 

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For the unversed, NVH (Noise Vibration and Harshness) testing is a vital component in any product's development and design process and is thought to be perfect for optimizing vibration and noise in automobiles, such as design, reduction, and quality assurance of external and interior noise.
 

Market participants from across the globe are making major contributions to business development through several strategic initiatives. For instance, BlackBerry QNX and HEAD Acoustics collaborated in 2021 to improve sound design workflow for cars by incorporating BlackBerry QNX Active Sound Design software with the company's NVH simulator, PreSense.
 

Despite the positive outlook, availability of rental and second-hand NVH testing equipment may stifle market growth over the study period.
 

Coming to geographical ambit, Europe, North America, Asia Pacific, and Latin America are the major regions studied for the regional assessment of global NVH testing market.
 

The report states that Asia Pacific is anticipated to account for sizeable share of market revenue over 2021-2027, owing to increasing vehicle manufacturing in economies like China, India, and Japan, expanding manufacturing facilities, and high penetration of automotive OEMs/plants.
 

Elaborating on competitive terrain, Signal.X Technologies LLC, M+P International, Prosig, GRAS Sound & Vibration, Dewesoft, IMC Test & Measurement GmbH, HEAD acoustics, Siemens Digital Industries Software, and National Instruments are the top players powering the industry dynamics.