Noise Monitoring Market

Noise Monitoring Market Insights

The global noise monitoring market is expected to grow at a CAGR of 5.7 % over the forecast period. The market growth is primarily attributed to increasing awareness towards noise pollution in urban areas along the increasing acceptance of all in one environmental monitoring solution.

Moreover, the stringent government policies related to these systems are also expected to drive the demand in the global market over the years. However, the huge investment required for setting these systems coupled with the lenient approach of the local bodies & authorities are expected to hinder growth over the coming years.

Noise Monitoring Market: Sampling Method Insights

On the basis of sampling method, the global noise monitoring market is segmented into short-term, long-term, and permanent monitoring systems. The market for long-term noise monitoring is expected to occupy the highest market share owing to the rising adoption of product in various sectors such as railways, hospitals, harbours, and construction sites among others.

Noise Monitoring Market: Precision Type Insights

The industry is divided into Class 1 & Class 2 monitoring devices, based on types. The Class 1 device segment is anticipated to register a significant growth over the forecast period. The increasing adoption of the device in various areas including mining and airport along with its high accuracy level is projected to increase the segment demand.

Noise Monitoring Market: Connectivity Insights

By connectivity, the global noise monitoring market is classified as Wi-Fi, Cellular, Ethernet, and USB cables. Wi-Fi connectivity segment is projected to hold the largest share of the industry due to its large scale use by various consultants and companies to transfer noise data to cloud storage or central system. Cellular connectivity reduces the time taken for data transfer.

Noise Monitoring Market: Solution Insights

The industry is segmented into Hardware, software and services on the basis of solution. The hardware segment is further divided into fixed and portable devices. The service segment is anticipated to occupy the highest share over the years owing to the increasing trend of rental services in various sectors such as hospital, residential, recreational area and construction site among others.

Noise Monitoring Market: Application Insights

By application, the Noise Monitoring market is segmented into railways, airports, hospitals, industries and construction sites among others. The industrial segment is expected to grow significantly due to its growing adoption by companies and consultants across the world. Moreover, the stringent government policies related to these devices for ensuring public safety has also forced industries to provide solutions such as noise reducing devices for the employees. The above mentioned factors are likely to boost the segment growth over the forecast period.

Noise Monitoring Market: Regional Insights

North America is anticipated to hold substantial market share over the coming years followed by Asia-Pacific.

Europe occupied the largest market share for this product since the past few years. This can be attributed to growing adoption rate of the product by countries such as Germany, UK, Denmark, France and Spain. Moreover, the government policies in Europe related to noise monitoring are also expected to boost market growth.

Noise Monitoring Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase noise monitoring devices over the coming years. Some leading consumers of this market are Abbott Laboratories and Anadolu Medical Center among others.

Noise Monitoring Market: Market Share & Competitor Analysis

The global market for this product is expected to be significantly large due to the presence of large number of manufacturers. Key players profiled in the global noise monitoring market include RION Co. Ltd., HT Instruments, Castle Group Ltd., B&K Precision Corporation, and SINUS Messtechnik GmbH.

Please note: This is not an exhaustive list of companies profiled in the report.

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