Global Automotive Noise, Vibration & Harshness (NVH) Materials Market - Analysis and Forecast (2014 - 2024)
The automotive NVH materials market was valued at $7.7 billion in 2017 and is estimated to reach $12.6 billion by 2024. This market is also expected to observe a CAGR of 7.3% during the forecast period. The increasing market share is attributed towards extensive sales of automobiles and increasing demand for lightweight vehicles across the globe. NVH stands for noise, vibration and harshness and it comprises of a complete array of perceptions from hearing to feeling. The demand for automotive NVH materials is witnessing rampant growth as it is considered to be the most crucial part of product development.
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