Global Noise Monitoring Market

Dec 2018| VMR808A| Verified Market Research

Report Highlights

Market Overview:
The Global Noise Monitoring Market was valued at USD 621.03 million in 2016 and is projected to reach USD 900.11 million by 2025, growing at a CAGR of 4.21% from 2017 to 2025.

Noise monitoring is a system consisting of a sound level meter that helps in recording of the noise data at a fixed position or near a site and enables the autonomous and continuous monitoring of noise levels. There are several benefits of noise monitoring system including - noise exposure evaluation, quantify the results of the action plans, improve control in noisy area, identify opportunities for noise reduction, and ensure that the level of protection selected provides adequate protection.

Market Dynamics:
1. Market Drivers
1.1 Increasing opportunities in smart cities
1.2 Adoption of cloud-based system for remote monitoring
1.3 Rising need for noise monitoring for rail transit, marine, gunshot, race track monitoring, mining, wind plant, petrochemical industry
1.4 Noise monitoring systems to optimize profit and capacity on airports
1.5 Occupational hearing impairment
1.6 Strict government policies for reducing noise pollution
1.7 High government investment for noise monitoring and control
2. Market Restraints
2.1 Concerns for data security over cloud
2.2 Costly implementation
2.3 Distance of the noise monitoring device from the source
2.4 Adoption of mobile based apps for noise detection and monitoring
2.5 Underwater noise monitoring

Market Segmentation:
The Global Noise Monitoring Market is segmented on the component, connectivity, sampling method, precision type, application, and region.

1. Component:
1.1 Software
1.2 Hardware
1.3 Service

2. By Connectivity:
2.1 Ethernet
2.2 USB Cable
2.3 Wi-Fi
2.4 Cellular

3. By Sampling Method:
3.1 Short–term Monitoring
3.2 Long–term Monitoring
3.3 Permanent Monitoring

4. By Precision Type:
4.1 Class 1
4.2 Class 2

5. By Application:
5.1 Construction Sites
5.2 Recreational Areas
5.3 Airports
5.4 Noise Monitoring of Road Traffic
5.5 Railways
5.6 Hospitals
5.7 Residential Areas
5.8 Industries

6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Extech Instruments (Flir Systems)
2. Larson Davis (PCB Piezotronics, Inc.)
3. 01db (Acoem Group)
4. Cesva Instruments SLU
5. Norsonic as
6. Svantek
7. Bruel & Kjaer (Spectris PLC)
8. Cirrus Research PLC
9. 3M
10. PCE Instruments
11. Pulsar Instruments
12. Sinus Messtechnik GmbH
13. Testo Se & Co. KGaA
14. Rion Co. Ltd.
15. Casella Cel

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research study on the Global Noise Monitoring Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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