Press release
Global Noise Monitoring System Market Revenue and Growth Analysis By Extech Instruments, Pulsar Instruments, 3M Company, RION, Bruel & Kjaer, Cirrus Research, Castle, Casella, SKF Group, Kimo Instrument, B&K Precision
Global Noise Monitoring System Market, By Monitoring System (Permanent Noise Monitoring System, Semi-Permanent Noise Monitoring System, Portable Noise Monitoring System), By Monitoring Method (Permanent Monitoring, Short–Term Monitoring, Long–Term Monitoring), By Component, By Applications - Forecast 2023The global Noise Monitoring System market is expected to reach approximately at USD 844 Million by 2023 with growing ~4% CAGR during forecast period 2017-2023
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Noise Monitoring Systems- Overview:
Noise monitoring systems are defined as the services or the systems that are used to measure the noise of the surrounding or a place. Due to globalization, there has been increase in the number of vehicles, construction of roads and buildings, the presence of industrial areas and others has led to the increase in the noise pollution. Some of the major factors that drives the market are increase in the growing occupational hearing impairment in industries, stringent government policies, and increasing need for monitoring systems in airports. Similarly, the demand to reduce the noise pollution in the urban area has led to drive the market. Additionally, the requirement for noise monitoring infrastructure in various sectors such as in petrochemical industry, mining, wind plant and others has been in demand. However, issues related to interoperability of the file formats between equipment and analysis software, a soft approach of several local authorities in emerging economies, and cost of implementation are a few restraints obstructing the market from the growth.
Key Players:
The prominent players in the global noise monitoring system market are – Extech Instruments (US), Pulsar Instruments (UK), 3M Company (US), RION Co. Ltd. (Japan), Bruel & Kjaer (Denmark), Cirrus Research Plc (UK), Castle Group Ltd. (UK), Casella Inc. (US), SKF Group (Sweden), Kimo Instrument (Japan), B&K Precision Corporation (US) among others
Noise Monitoring Systems Market – Segmentation:
Based on monitoring systems, the market is segmented into permanent noise monitoring system, semi-permanent noise monitoring system, portable noise monitoring system, and others
Based on monitoring method, the market is segmented into short–term monitoring, long–term monitoring and permanent monitoring
Based on component, the market is segmented into hardware, software and services
Based on application, the market is segmented into construction, mining, traffic, rail, industrial, outdoor and others
Based on Region, the market is segmented into North America, Europe, Asia-Pacific (APAC), and rest of the world
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Industry News:
April 04, 2018, ENVEA (Environnement S.A Group) and EMS Bruel & Kjaer Partnership to provide combined noise, vibration and air quality monitoring solutions & services
Environnement S.A have announced a partnership with EMS Bruel & Kjaer for creating a new technology that is used to monitor noise, vibrations, and air quality providing solution and services.
February 06, 2018 TSI Incorporated acquires noise, environmental, and heat stress monitoring products from 3M
TSI Incorporated acquires on 3M personal safety division offerings of noise, environmental, and heat stress monitoring products from 3M. These products include heat stress monitors, noise dosimeters, noise indicators, sound level meters, and indoor air quality monitors, are a natural fit with TSI Incorporated health and safety product line which includes industry leading PortaCount Fit Testers and DustTrak Monitors.
Noise Monitoring Systems Market - Regional Analysis:
Regionally, the noise monitoring systems market is segmented into North America, Europe, Asia-Pacific, and rest of the world. Europe region is dominating the noise monitoring systems market and North America is expected to grow at fast rate during forecast period.
Europe is the dominating region in noise monitoring systems market during the forecast period 2018-2023. The major factor for Europe to dominate is increased adoption of noise monitoring systems in countries such as UK, France, Germany, Spain, Sweden and Denmark. The countries in the European region must regularly monitor the noise level to avoid the heavy penalties as the government in Europe has stringent rules related to the noise policies. North America market is expected to be the fastest growing market due to rising government policies in the region associated with noise pollution. Further, Asia-Pacific is considered to grow at steady rate as there has not been strict regulations that are made in some of the countries.
TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Noise Monitoring System Market: By Monitoring System
1.3.2 Global Noise Monitoring System Market: By Monitoring Method
1.3.3 Global Noise Monitoring System Market: By Component
1.3.4 Global Noise Monitoring System Market: By End User
1.3.5 Global Noise Monitoring System Market: By Region
Continued…
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LIST OF TABLES
Table 1 Noise Monitoring System Market, By Monitoring System
Table 2 Noise Monitoring System Market, By Monitoring Method
Table 3 Noise Monitoring System Market, By Component
Table 4 Noise Monitoring System Market, By Application
Continued…
LIST OF FIGURES
Figure 1 Research Methodology
Figure 2 Noise Monitoring System Market: By Monitoring System (%)
Figure 3 Noise Monitoring System Market: By Monitoring Method (%)
Figure 4 Noise Monitoring System Market: By Component (%)
Continued…
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