Press release
Acoustic Camera Market 2021 Insights with Statistics and Growth Prediction - Bruel & Kjær Sound & Vibration Measurement A/S, CAE Software & Systems GmbH, Microflown Technologies
The Acoustic Camera Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The acoustic camera market is expected to register a CAGR of 4% over the forecast period (2021 - 2026).
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Top Leading Companies of Acoustic Camera Market are Bruel & Kjær Sound & Vibration Measurement A/S, CAE Software & Systems GmbH, Microflown Technologies, Norsonic AS, gfai tech GmbH, SINUS Messtechnik GmbH, SM Instruments Inc., Sorama Inc., Ziegler-Instruments GmbH, Siemens Product Lifecycle Management Software Inc. and others.
Industry News and Updates
October 2018 - Norsonic AS released a new software version for the acoustic camera with added hardware support Hextile and Multitile (triple-Hextile), and custom ArrayGroups with templates for hexagonal.
- April 2018 - Brel & Kjr signed a merger agreement with Hottinger Baldwin Messtechnik GmbH (UK). This merger came into effect on January 1, 2019, and the company is named as Hottinger, Brel & Kjr (HBK). Due to this merger, HBK actively drives the digital transformation of the end-use industry.
Key Market Trends
Automotive Expected to Witness Significant Growth
- Automotive is expected to witness significant growth for the acoustic camera market. The Automotive industry is growing due to the latest new technologies and new additions such as electric vehicles and autonomous cars.
- Testing of noise, vibration, and harshness has up-scaled with these new technologies. As a result, the demand for acoustic cameras is increasing in automotive for buzz, squeak, and rattle (BSR) concerns in vehicles and production procedures.
- The automotive sector is growing in the APAC region due to the advanced manufacturing process available in countries such as China and Japan.
- In July 2019, the European Union announced that it requires electric and hybrid vehicles at speeds below 20 km/h (12 mph) to have Acoustic Vehicle Alerting Systems (AVAS) to protect pedestrians.
Regional Outlook of Acoustic Camera Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Acoustic Camera Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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