Electric Vehicle NVH Material Market Outlook 2024-2032: Market Size, Growth Trends, Recent Developments, and Regional Insights
The “Electric Vehicle NVH Material Market size” forecasts for 2024–2032 show significant increase in a number of categories, driven by changing consumer demands and emerging technical breakthroughs. Important industries including, technology, and renewable energy are identified by segment analysis as being major forces behind this expansion. Additionally, because of growing industrialisation and the use of digital technology, emerging markets in regions such as North America, United States, Canada, Asia-Pacific, China, Japan, South Korea, Southeast Asia, India, Rest of Asia and etc. are expected to offer new opportunities. Businesses which are able to adjust to these trends and make calculated investments in creative solutions will be in a strong position to take advantage of upcoming development prospects and promote sustained success in the marketplace.
Who is the largest manufacturers of Electric Vehicle NVH Material Market worldwide?
- Nihon Tokushu Toryo
- 3M
- Megasorber
- Henkel
- Nitto Denko Corp
- Second Skin Audio
- FatMat Sound Control
- HushMat
- Soundproof Cow
- GT Sound Control
- Wolverine Advanced Materials
- Silent Coat
- JiQing TengDa
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Short Description about Electric Vehicle NVH Material Market:
Automotive NVH materials, also known as noise, vibration, and harshness materials, are used to reduce unwanted noise, vibrations (oscillations due to automobile mechanics), and harshness (the level of discomfort) in automobiles. NVH materials, including molded rubbers, metal and film laminates, molded foams and engineering resins, are used to control air and structure-borne noises as well as noise generated from the interior components of the vehicles. In recent years, there has been a heightened demand for NVH materials as they absorb noise and prevent it from entering the vehicle, thereby preventing discomfort and improving the ride quality. Noise-cancellation technologies, which work by responding to the sounds around the car, is the dampening material used in EVs.
The global Electric Vehicle NVH Material market was valued at USUSD 723 million in 2023 and is anticipated to reach USUSD 1277.4 million by 2030, witnessing a CAGR of 8.5% during the forecast period 2024-2030.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
This report places a strong emphasis on the Electric Vehicle NVH Material market’s dimensions, encompassing product types, applications, and geographic segmentation, alongside a thorough examination of the competitive landscape, recent developments, and emerging trends. In addition, it provides an in-depth cost analysis and insight into the intricacies of the supply chain.
What are the factors driving the growth of the Electric Vehicle NVH Material Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Electric Vehicle NVH Material
- Absorption
- Damping
- Insulation
- Sound Proofing
- Others
What are the types of Electric Vehicle NVH Material available in the Market?
Based on Product Types the Market is categorized into Below types that held the largest Electric Vehicle NVH Material market share in 2024.
- Rubbers
- Thermoplastic Polymers
- Engineering Resins
- Others
Regional Segmentation:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Reasons to Buy Electric Vehicle NVH Material Market Report:
- Current and All-Encompassing Information: The report delivers the latest and most comprehensive information on technological advancements, market trends, and growth drivers, keeping you well-informed.
- Comprehensive Analysis: Explore the market with the reports thorough analysis, including SWOT and PESTLE evaluations. Gain valuable insights into market size to make informed decisions.
- Key Player Profiling: The report features profiles of key industry players, offering essential information about their company backgrounds, supply-demand scope, and market strategies. Understand the competitive landscape to identify potential partners or competitors.
- Complete Overview: Obtain a complete overview of the industry, including revenue figures, demand status, competitive landscape, and regional segments. Develop a thorough understanding of market dynamics to identify potential growth areas.
- Resource for Strategic Planning: This report is an invaluable resource for strategic planning, aiding your company in developing future strategies and navigating its path forward in the industry. Make data-driven decisions and maintain a competitive edge.
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Outline
- Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
- Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
- Chapter 3: Detailed analysis of Electric Vehicle NVH Material company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
- Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 12: The main points and conclusions of the report.
This Electric Vehicle NVH Material Market Research/Analysis Report Contains Answers to your following Questions
- What are the global trends in the Electric Vehicle NVH Material market? Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different types of products in Electric Vehicle NVH Material? What are the upcoming industry applications and trends for Electric Vehicle NVH Material market?
- What Are Projections of Global Electric Vehicle NVH Material Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of Electric Vehicle NVH Material? What are the raw materials used for Electric Vehicle NVH Material manufacturing?
- How big is the opportunity for the Electric Vehicle NVH Material market? How will the increasing adoption of Electric Vehicle NVH Material for mining impact the growth rate of the overall market?
- How much is the global Electric Vehicle NVH Material market worth? What was the value of the market?
- Who are the major players operating in the Electric Vehicle NVH Material market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Electric Vehicle NVH Material Industry?
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Detailed TOC of Global Electric Vehicle NVH Material Industry Research Report 2024, Competitive Landscape, Market Size, Regional Status and Prospect
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Electric Vehicle NVH Material Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Type 1
1.2.3 Type 2
1.3 Market by Application
1.3.1 Global Electric Vehicle NVH Material Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Application 1
1.3.3 Application 2
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electric Vehicle NVH Material Market Perspective (2019-2030)
2.2 Global Growth Trends by Region
2.2.1 Global Electric Vehicle NVH Material Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Electric Vehicle NVH Material Historic Market Size by Region (2019-2024)
2.2.3 Forecasted Market Size by Region (2025-2030)
2.3 Electric Vehicle NVH Material Market Dynamics
2.3.1 Industry Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Electric Vehicle NVH Material Players by Revenue
3.1.1 Global Top Electric Vehicle NVH Material Players by Revenue (2019-2024)
3.1.2 Global Revenue Market Share by Players (2019-2024)
3.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Electric Vehicle NVH Material Revenue
3.4 Global Market Concentration Ratio
3.4.1 Global Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Electric Vehicle NVH Material Revenue in 2023
3.5 Global Key Players of Electric Vehicle NVH Material Head office and Area Served
3.6 Global Key Players of Electric Vehicle NVH Material, Product and Application
3.7 Global Key Players of Electric Vehicle NVH Material, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Electric Vehicle NVH Material Breakdown Data by Type
4.1 Global Electric Vehicle NVH Material Historic Market Size by Type (2019-2024)
4.2 Global Electric Vehicle NVH Material Forecasted Market Size by Type (2025-2030)
5 Electric Vehicle NVH Material Breakdown Data by Application
5.1 Global Electric Vehicle NVH Material Historic Market Size by Application (2019-2024)
5.2 Global Electric Vehicle NVH Material Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Electric Vehicle NVH Material Market Size (2019-2030)
6.2 North America Electric Vehicle NVH Material Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Electric Vehicle NVH Material Market Size by Country (2019-2024)
6.4 North America Electric Vehicle NVH Material Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Electric Vehicle NVH Material Market Size (2019-2030)
7.2 Europe Electric Vehicle NVH Material Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Electric Vehicle NVH Material Market Size by Country (2019-2024)
7.4 Europe Electric Vehicle NVH Material Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Electric Vehicle NVH Material Market Size (2019-2030)
8.2 Asia-Pacific Electric Vehicle NVH Material Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Electric Vehicle NVH Material Market Size by Region (2019-2024)
8.4 Asia-Pacific Electric Vehicle NVH Material Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Electric Vehicle NVH Material Market Size (2019-2030)
9.2 Latin America Electric Vehicle NVH Material Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Electric Vehicle NVH Material Market Size by Country (2019-2024)
9.4 Latin America Electric Vehicle NVH Material Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Electric Vehicle NVH Material Market Size (2019-2030)
10.2 Middle East & Africa Electric Vehicle NVH Material Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Electric Vehicle NVH Material Market Size by Country (2019-2024)
10.4 Middle East & Africa Electric Vehicle NVH Material Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Manufacture 1
11.1.1 Manufacture 1 Company Details
11.1.2 Manufacture 1 Business Overview
11.1.3 Manufacture 1 Electric Vehicle NVH Material Introduction
11.1.4 Manufacture 1 Revenue in Electric Vehicle NVH Material Business (2019-2024)
11.1.5 Manufacture 1 Recent Development
12 Analyst’s Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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