PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Projects Wireless NVH Test Solutions to Offset Growing Clout of Second-Hand Test Equipment Market - Environmental noise applications poised to drive the market over the next 5 years - TestandMeasurement.Frost.com
Frost & Sullivan Projects Wireless NVH Test Solutions to Offset Growing Clout of Second-Hand Test Equipment Market

 

NewswireToday - /newswire/ - London, United Kingdom, 2012/02/27 - Environmental noise applications poised to drive the market over the next 5 years - TestandMeasurement.Frost.com .

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The economic downturn of 2008-2009 had a significant impact on the global noise, vibration, harshness (NVH) test equipment market revenues, with the market experiencing considerable decline in 2009.

The major contributor to this decline was the automotive market - the largest end-user for NVH test equipment. However, going forward, the automotive industry is once again anticipated to provide growth opportunities.

New analysis from Frost & Sullivan (testandmeasurement.frost.com), Analysis of the NVH Test Equipment Market, finds that the market earned revenues of $809.3 million in 2010 and estimates this to reach $1,053.8 million in 2015.

Environmental noise applications are expected to drive the market over the next 5 years.

"Limiting environmental noise has grown in importance over the past decade, especially in Europe," notes Frost & Sullivan Research Associate Nikhil Jain. "With extensive research published on the harmful effects of environmental noise on people, government agencies globally have introduced legislations regulating the amount of environmental noise, supporting continued growth in this segment."

Although the Asia Pacific NVH test equipment market is mature, it is relatively less mature than North America and Europe. There is still significant growth potential in this region. China and India accommodate the two largest populations in the world. Their expanding population has triggered demand for key consumer electronics such as mobile phones, washing machines and refrigerators, among others. It has also boosted demand for automobiles.

"This demand will translate into significant investment in R&D from consumer electronics and automotive industries to develop innovative products that capture the market," elaborates Nikhil. "These R&D projects require investment in NVH test equipment as well."

The biggest restraint to market expansion is expected to be the ever-increasing second-hand market for test equipment. This restraint is expected to have a significant impact on the global NVH test equipment market in the short-term.

"The second-hand test equipment market received a huge boost during the economic downturn as there were significant budget cuts and end users grew increasingly price conscious," explains Nikhil. "With NVH being a key test criterion in most product development lifecycles, end users invested in relatively low-priced second-hand equipment."

With advancement in technology and the projected reduction in the price of NVH test equipment over the long-term, this restraint will have a progressively lower impact.

"The advent of wireless NVH test solutions is set to change the outlook of the industry," concludes Nikhil. "The investment being made by NVH test solutions vendors to develop feasible wireless NVH test solutions is enormous and the adoption of these wireless solutions is set to offset the second-hand market."

If you are interested in more information on this study, please send an email with your contact details to Anna Zanchi, Corporate Communications, at anna.zanchi[.]frost.com

Analysis of the NVH Test Equipment Market is part of the Test & Measurement Growth Partnership Service program, which also includes research in the following markets: Digital X-ray Technology: The Future of Industrial X-ray Inspection, Renewable Energy Opportunity: Wind Testing, World Non destructive Test (NDT) Inspection Services Markets and Chinese Mechanical Test Equipment Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Electronics/Instrumentation/RFID articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Projects Wireless NVH Test Solutions to Offset Growing Clout of Second-Hand Test Equipment Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Anna Zanchi 
+39 02 46514819 anna.zanchi[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Electronics/Instrumentation/RFID via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Electronics/Instrumentation/RFID Most Recent Related Newswires:

Frost & Sullivan Commends Keysight's Growth in Calibration and Repair Services from its New Customer-centric Solutions
Imec Develops 3D-Compatible Germanium nMOS Gate stack with High Mobility and Superior Reliability
Curtiss-Wright to Expand Position in Data Acquisition & FTI Markets with Acquisition of Teletronics Technology Corporation
Datalogic Receives Top Honor At Inspect Awards 2017
Leonardo Sees Surge in Export Orders for Man-portable Laser Designators from US and Europe
Imec Demonstrates World’s First Vertically Stacked Gate-all-Around Si Nanowire CMOS Transistors
GE Ventures, Microsemi and Corning Partner to Launch Menlo Micro and Next Generation of Electronic Switching
Frost & Sullivan Commends LeEco for Driving Innovation in the North American Smart Technologies Market
Malvern Instruments and PANalytical to Merge
Bruker Announces Corporate Partnership with International Phenome Centre Network (IPCN) for NMR Technologies and SOPs
Predictive and Control Capabilities through IoT Rapidly Expand Global Growth Opportunities for Sensors Finds Frost & Sullivan
IDEX Showcased the World’s First Flexible Touch Fingerprint Sensor for SmartCards and Receives Massive Industry Interest
Endress+Hauser Consult AG Introduces Proline 300/500 - Flow Measuring Technology for the Future
Lipigas Delivers Enhanced Interactive and Visual Mobile Self-Service Portal Using Joint Visual IVR Solution from Dialogic and Telectronic
Customized Electronic Ticket Solutions Simplify Daily Commute in Russian Cities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)