According to the new market research report on
the "Noise
Monitoring Market by
Sampling Method (Short-term, Long-term, & Permanent Monitoring), precision
Type (Class 1 & Class 2), Connectivity (Wi-Fi, Cellular, Ethernet, &
USB), Solution (Hardware, Software, & Service), Application, and Geography
- Global Forecast to 2023",
this market is expected to be valued at USD 806.5 Million by 2023, at a CAGR of
4.1% between 2017 and 2023
The major factors driving the growth of the noise
monitoring market include the growing occupational hearing impairment in
industries, stringent government policies, demand for reducing noise pollution
in urban areas, need for noise monitoring systems at airports to optimize
profit and capacity, rising installation of all-in-one environmental monitoring
solutions, and requirement of noise monitoring infrastructures in mining, wind
plant, petrochemical industry, and harbor.
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Permanent noise monitoring expected to hold the
largest market by 2023
Permanent noise monitoring held the largest share of
the noise monitoring market in 2016. This can be attributed to the wide
installation of permanent noise monitoring in places where regular measurement
is backed by stringent government policies. Also, permanent noise monitoring is
used mainly for real-time noise monitoring.
Cellular connectivity market for noise monitoring to
grow at the highest rate during the forecast period
The cellular connectivity for the noise monitoring market
is likely to grow at the highest rate during the forecast period. The market is
showing a high growth because noise monitoring helps companies and consultants
remotely transfer noise data to the central system or cloud storage and reduces
the data transfer time.
Europe likely to hold the largest share of the noise
monitoring market during the forecast period
Europe is expected to hold the largest share of the
noise monitoring market during the forecast period owing to the presence of
major companies such as Brüel & Kjær (Denmark), SKF Group (Sweden), Svantek
(Poland), Norsonic (Norway), Delta OHM (Italy), and Libelium Comunicaciones
Distribuidas (Spain), providing noise monitoring solutions to customers in
countries such as the UK, France, Germany, Denmark, Sweden, Spain, and others.
The governments in Europe are very stringent regarding adherence to noise
policies. The manufacturing companies in this region need to regularly monitor
the noise level to avoid heavy penalties.
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The report also profiles the most promising players
in this market. The key players in this market are Svantek (Poland), RION Co.
Ltd. (Japan), Bruel & Kjaer (Denmark), Cirrus Research Plc (UK), Extech
Instruments (US), Pulsar Instruments (UK), 3M (US), Nti-Audio (Liechtenstein),
Castle Group Ltd. (UK), SKF Group (Sweden), Kimo Instrument (Japan), B&K
Precision Corporation (US), HT Instruments (Germany), 01dB (ACOEM Group)
(France), SINUS Messtechnik GmbH (Germany), CESVA INSTRUMENTS SLU (Spain),
Testo SE & Co. KGaA (Germany), and Casella Inc. (US).
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