Press release
Sound Level Meter Market to Experience Exponential Growth by 2022 | Key Players- Cirrus Research Plc, Brel & Kjr, Norsonic AS, RION Co.
According to a new report published by Allied Market Research, titled, Sound Level Meters Market by Type, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global sound level meters market accounted for $998 million in 2016, and is projected to reach $1,414 million by 2023, growing at a CAGR of 5.0% from 2017 to 2023. North America dominated the global small cell power amplifier market in 2016, accounting for a share of about 36.01%.Access Full Summary at: https://www.alliedmarketresearch.com/sound-level-meters-market
A sound level meter is a handheld instrument with a microphone used for acoustic measurements by determining sound pressure. The diaphragm of the microphone responds to changes in air pressure caused by sound waves. This movement of the diaphragm, which involves, the sound pressure deviation, is therefore converted into an electrical signal.
Over the last seven to eight years, there has been an increase in insurgency against non-ecofriendly sound devices owing to the hazardous impact of high decibel noise on the environment. To control the non-auditory and auditory effects of noise pollution, the level of sound must be measured first, which has led to an increase in demand for sound level meters. High precision of these meters than other audio analyzers provides an opportunity for the market growth.
Based on type, the precision sound level meters segment dominated the overall market in 2016. Moreover, it is anticipated to grow at a CAGR of 4.2% during the forecast period. Whereas, factories & enterprises accounts for the majority revenue share amongst the sound level meter applications.
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The global sound level meter market is analyzed based on its geographical level distribution across North America, Europe, Asia-Pacific, and LAMEA. North America is the dominant region and is estimated to be the highest in terms of revenue during the forecast period, with a high involvement in sound monitoring in the automotive, transport, and power generation sectors.
Key Findings of the Sound Level Meters Market:
•In 2016, the precision sound level meters generated the highest revenue, accounting for over 53.8% of the global sound level meters market.
•In 2016, factories & enterprises generated the highest revenue, accounting for over 34.5% of the market.
•North America accounted for the highest revenue, and dominated the market, with holding over 36.01% of the market throughout the forecast period from 2017 to 2023.
The key companies profiled in the report are 3M, Cirrus Research Plc, Brel & Kjr, Norsonic AS, RION Co., Ltd., Svantek Inc., Testo SE & Co. KGaA, TES Electrical Electronic Corp., NTi Audio, and Casella Inc.
Key Benefits
•The report provides an in-depth analysis of the global sound level meters market across major regions as well as estimated revenues generated during the forecast period.
•Quantitative analysis of the current market and estimations from 2017 to 2023 to help the manufacturers of small cell power amplifiers analyze the market effectively.
•All the projections in the report are based on an analysis of the current market trends and highlight the market potential from 2016 to 2023, in terms of value.
•The report conducts an extensive analysis of the market by closely following key product positioning and monitoring top contenders within the market framework.
•The report also provides qualitative as well as quantitative market trends to help stakeholders understand the situations that prevail in the market.
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Small Cell Power Amplifier Market Key Segmentation:
By Type
•Ordinary Sound Level Meters
•Precision Sound Level Meters
By Application
•Factories & Enterprises
•Environment Protection
•Transportation
•R&D
•Others
By Geography
•North America
oU.S.
oCanada
•Mexico
oEurope
oUK
oGermany
oItaly
oFrance
oRest of Europe
•Asia-Pacific
oChina
oJapan
oIndia
oRest of Asia-Pacific
•LAMEA
oLatin America
oMiddle-East
oAfrica
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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