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    Active Noise And Vibration Control System Market Report

    Active Noise And Vibration Control System Market Report
    Report code - SRAD219 Published On : May,2020 No. of Pages: 220
    Aircraft Active Noise and Vibration Control System Market Size, Share, Trend, Forecast &am See more...

    Market Insights

    Noise and vibration control systems are used in the multiple areas of an aircraft to attenuate the noise and vibration generated from different parts of an aircraft, especially by engines and rotor blades. Vibration generated by engines reaches the cabin, which causes fatigue to passengers and crew members.

    Over the years, vibration and noise control systems have witnessed a remarkable transition in the aerospace industry, related to materials, designs, processes, certifications, cost, and many other factors. Today, manufacturing active noise and vibration control systems for different aircraft programs is a complex job due to its high cost, a key factor limiting the number of companies active in the market.

    Active noise and vibration control systems currently hold a modest share in the total noise and vibration control system market. All the major players have been investing heavily in R&D in order to develop products better addressing the market issues. The introduction of stringent regulations regarding passenger safety and comfort further propels the innovations in the market.

    Impact of COVID-19 on Active Noise and Vibration Control System Market

    The year 2019 was challenging for the aerospace industry stakeholders because of several events. The industry was hoping to get over from major challenges by the second half of 2020; however, the rapid spread of COVID-19 entirely flipped the entire market dynamics, exacerbating the existing industry challenges.

    The impact of such trends is visible on the aircraft active vibration and noise control system market, which is estimated to nose-dive in 2020.

    All the major economies had enforced lockdowns which resulted in a temporary halt of production in aircraft assembly plants. Halt in the production facility of Airbus in France and Italy; Rafale production halts in France; increase in tariffs on Airbus aircraft by the USA; and US-China trade war are impacting the industry’s growth adversely in 2020. In May 2020, ICAO has projected a possible loss of US$ 238 to 418 billion to the gross operating revenue of airlines across the world.

    It is difficult to state when the impact of the pandemic starts to fade away. However, it is predicted that the aviation industry will log a V-shape curve similar to previous pandemics, such as SARS (2003) and MERS (2015). However, the curve would be deeper than the ones registered in SARS and MERS with huge short-term ramifications.

    Despite excruciating market environments, the overall five-year growth (CAGR) of the aircraft active noise and vibration control system market is subjected to gradually recover from 2021 onwards, reaching the market value of US$ 0.35 billion in 2025, offering good growth opportunities for the market participants as well as investors in the long run.

    Aircraft-Active-Noise-and-Vibration-Control-System-Market-Forecast

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    It becomes extremely crucial for market participants to target the right applications/products to tackle this challenging environment. Some of the factors which may provide some breath to companies include a paradigm shift from passive control systems to active control systems and increased usage of advanced materials to develop lightweight systems. Companies aligned with such changing market requirements are at a lower risk side and may sustain in this crucial time. 

    Segments' Analysis

    By Platform Type: Rotary-Wing Aircraft to Remain Dominant, whereas Fixed-Wing Aircraft to Register Higher Growth

    Based on the platform type, the market is segmented into fixed-wing aircraft and rotary-wing aircraft. Rotary-wing aircraft is expected to remain the larger segment, whereas fixed-wing aircraft is expected to be the faster-growing segment during the forecast period. In 2020, fixed-wing aircraft recorded a huge disruption in market dynamics in pre-COVID and post-COVID pandemic circumstances.

    IATA’s (International Air Transport Association) estimates on December 2019 (Pre-COVID 19) suggested a positive 4.1% growth in RPKs in 2020, whereas the latest estimates (April 14, 2020) of the organization address the possible impact of the pandemic on the airline industry and reveal a massive decline of 48% in RPKs in 2020 from 2019, a clear sign of miserable market conditions in near future.

    Despite the challenging market conditions, the long-term outlook still seems positive with good opportunities lying in the industry, once the headwinds of the pandemic transform into tailwinds. Huge order backlogs of Boeing and Airbus, ensuring them to produce aircraft for more than seven years at the current production rate, will rejuvenate the aircraft demand in the coming years.

    By System Type: Active Vibration Control System has the Largest Share

    Based on the system type, the market is segmented into active vibration control system, active noise control system, and integrated control system. Active vibration control system is expected to remain the largest segment of the market during the forecast period. Active vibration control system reduces vibration and noise by making the structure stiffer with the help of sensors and actuators placed in proper locations. They are majorly used in rotary-wing aircraft in an array of applications including fuselage and cabin or interiors.

    Regional Analysis: North America will Maintain Dominance

    In terms of region, North America is expected to remain the largest market during the forecast period. However, the impact of COVID-19 in the North American region is more pro-longed as compared to other regions. It has been also anticipated that in the long run, the region’s market will bounce back primarily because of the strong supply chain in the USA.  

    Aircraft-Active-Noise-and-Vibration-Control-System-Market-By-Region

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    Post pandemic, Asia-Pacific will heal up with the fastest pace, owing to an expected rise in passenger traffic and a gradual shift of manufacturing base in the region. China, Japan, India, and Singapore are the major Asian markets, attracting investments.

     

    Market Segmentation

    The aircraft active vibration and noise control system market is segmented into the following categories.                              

    Aircraft Active Vibration and Noise Control System Market, By Platform Type:

    • Fixed-Wing Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rotary-Wing Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Active Vibration and Noise Control System Market, By System Type:

    • Active Vibration Control System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Active Noise Control System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Integrated Control System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Active Vibration and Noise Control System Market, By Component Type:

    • Hardware (Component Type Analysis: Sensor, Actuator, Controller, and Communication System)
    • Software

    Aircraft Active Vibration and Noise Control System Market, By Region:

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: France, Germany, Russia, The UK, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, The Middle East, and Others)

    Key Players

    The supply chain of this market comprises components suppliers, active vibration and noise control system suppliers, distributors/part brokers, tier players, OEMs, airlines, aircraft leasing companies, and MRO companies.

    Aircraft-Active-Noise-and-Vibration-Control-System-Market-Key-Players

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    The key players in the aircraft active vibration and noise control system market are

    • Lord Corporation (Parker-Hannifin Corporation)
    • Hutchinson SA
    • Moog Inc.
    • Ultra Electronics Holdings Plc
    • Ro-Ra Aviation System GmbH
    • Terma A/S.

    The formation of long-term contracts, new product developments, and strategic alliances are the key strategies adopted by major players to gain a competitive edge in the market.

    The market is Witnessing Gradual Consolidation                          

    The market is witnessing a gradual consolidation as major players are acquiring other players to reinforce their product portfolio and expand their geographical presence. Additionally, it has been noticed that other giant aircraft tier players, who are not engaged in this market, are acquiring leading vibration and noise control system providers to encash the market’s lucrative growth. For instance, in 2019, Parker-Hannifin Corporation acquired Lord Corporation to strengthen its position in the aircraft active vibration and noise control system market.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s market realities and future possibilities for the forecast period of 2020 to 2025. The report studies the Pre-COVID as well as Post-COVID scenarios and figures out the possible damage of the business due to the pandemic. Furthermore, the report aims to address the industry concerns regarding when and how the recovery will take place in the market.

    Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, Industry life cycle analysis, Supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Competitive Assessment

    • Competitive Benchmarking of key players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Regional Segmentation

    • Current market size (2019) of aircraft active vibration and noise control system in any platform types by system type.

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The active noise and vibration control system market size is expected to US$ 0.35 billion in the foreseeable future.

    Lord Corporation (Parker-Hannifin Corporation), Hutchinson SA, Moog Inc., Ultra Electronics Holdings Plc, Ro-Ra Aviation System GmbH, Terma A/S are among the key players in the active noise and vibration control system market.

    North America is expected to remain dominant in the active noise and vibration control system market during the forecast period.

    Active vibration control system is expected to remain the largest segment in the active noise and vibration control system market in the coming years.

    Rotary-wing aircraft is expected to remain dominant platform type in the active noise and vibration control system market during the next five years.

    The supply chain of active noise and vibration control system market comprises components suppliers, active vibration and noise control system suppliers, distributors/part brokers, tier players, OEMs, airlines, aircraft leasing companies, and MRO companies.

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