Technological Advancement report on Noise Monitoring Market Size & Share, Growth, Trends and Forecast 2017 - 2025

The report analyzes and presents an overview of "Noise Monitoring Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The objectives of this study are as follows:

To define, describe, and forecast the "Noise Monitoring" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Environmental noise is a critical issue in countries which are heavily populated or have industrialized areas. Its adverse effects from different sources on the well-being are varied and range from increased stress levels to sleep disturbances, potentially leading to critical problems such as heart disorders. Therefore the government and various focus groups are taking into account diverse issues by monitoring noise levels for longer intervals in numerous ways. For instance, industrial noise monitoring involves the decision of corresponding legislative or/and action levels of specific noise levels assessment. Environmental noise is quite different as the annoyance level or nuisance can be more subjective and may evolve diverse reactions from different population.

Increasing typical environmental noise pollution sources such as power stations, industrial sites, construction work, road traffic, aircraft noises and environment venues have raised the awareness of having noise monitoring systems in order to monitor and manage it within the limits. Environmental noise have different characteristics such as continuous noise, intermittent noise and broadband noise. Road traffic, extraction fans, industrial processors and compressors are the continuous noise sources. Transport, construction, animals are intermittent noise sources, and whining machinery, wind turbines and low frequency noise which causes vibration within surroundings are the broadband noise sources.

Rising occupational hearing impairment in industries coupled with stringent government policies is expected to drive the noise hearing market demand. Increasing need for noise pollution reduction in urban areas and demand for noise monitoring systems at airports for optimizing capacity and profit is expected to support the industry growth over the forecast timeframe.

Environmental noise is amongst the quickest growing areas of noise mapping, monitoring and control. The European Union (EU) has introduced various directives aimed at increasing information level about noise across the EU. In 1996 only, the EU Future Noise Policy green paper has estimated that 20% of EU’s population (~80 million) suffered from unacceptable noise levels. The people suffered from sleep deprivation which lead to the serious health effects. About additional 170 million population are living in ‘grey areas’ wherein daytime, the noise levels causes serious annoyance.

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The global noise monitoring market can be segmented by solution into hardware, software and services. By connectivity, the industry can be classified into Wi-Fi, cellular, Ethernet and USB. By precision type, the industry can be segmented into Class 1 and Class 2 standard devices. These systems are used in various applications such as hospitals, airports, residential areas, railways, road traffic, construction sites, industries, recreational areas and other applications. The permanent noise monitoring market held the dominant share in 2016 owing to wide installation of these devices in places which require regular measurement. This measurement is backed by the stringent government regulations for real-time noise monitoring.

The industrial application segment is anticipated to have the highest CAGR from 2017 to 2025. Rising adoption of noise controlling and monitoring policies by the industries worldwide is expected to drive the noise monitoring systems market growth. Increasing government pressure from government for public safety and health has enforced the industries to regulate the noises generated in workshops & plants and provide necessary noise-reducing devices to the employees which are working in high-noise zones.

Europe noise monitoring market is expected to dominate the industry over the forecast timeline. Presence of major industry participants characterize the industry growth. The European government is stringent regarding noise policies adherence. The companies in this region require regular maintenance and monitoring of noise levels in order to avoid heavy penalties.

The key industry competitors are Rion Co. Ltd., Svantek, Bruel & Kjaer, Cirrus Research Plc, Pulsar Instruments, Extech Instruments, Castle Group Ltd., Nti-Audio, SKF Group, B&K Precision Corporation, Kimo Instrument, SINUS Messtechnik GmbH, Cesva Instruments SLU, Casella Inc. and Testo SE & Co. KGaA.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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