New York, United States , Aug. 09, 2024 (GLOBE NEWSWIRE) -- The Global Sound Level Meters Market Size is to Grow from USD 1.15 Billion in 2023 to USD 2.03 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.8% during the projected period.
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A device known as a Sound Level Meter (SLM) is designed to measure sound levels consistently. It is typically hand-held. It responds to sounds like that of the human ear and detects sound pressure levels objectively and consistently. Sound level meters are used to measure and manage noise from industrial facilities, railroad and road traffic, construction sites, and other sources. The various characteristics and sources of sound in typical urban environments, such as parks, concerts, and residential and commercial buildings, present several challenges for the experts who assess them. These meters are critical for monitoring noise pollution and ensuring regulatory compliance, as well as for measuring occupational noise exposure in a range of settings, including commercial, industrial, residential, and healthcare settings. Furthermore, due to recent technology developments in the form of enhanced accuracy, digital integration, and ease of use, the sound level meter market is also growing quickly. They are also more efficient and user-friendly and are used in a wider range of applications due to features like wireless connectivity, real-time data logging, and compatibility with smart devices. Furthermore, due to recent technology developments in the form of enhanced accuracy, digital integration, and ease of use, the sound level meter market is also growing quickly. They are also more efficient and user-friendly and are used in a wider range of applications due to features like wireless connectivity, real-time data logging, and compatibility with smart devices. However, although supply chain disruptions negatively affect cost structures, inventory management, and production schedules, they pose serious problems for makers of electrical equipment. Natural disasters, geopolitical unrest, and transportation problems that obstruct the flow of components finished products, and raw materials can all cause delays in production and delivery
Browse key industry insights spread across 210 pages with 95 Market data tables and figures & charts from the report on the "Global Sound Level Meters Market Size, Share, and COVID-19 Impact Analysis, By Type (Precision Sound Meters and Ordinary Sound Level Meters), By Application (Industrial & Automation, Electronics, Aerospace & Defense, Communication, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."
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The ordinary sound level meters segment is anticipated to hold the greatest share of the global sound level meters market during the projected timeframe.
Based on the type, the global sound level meters market is divided into precision sound meters and ordinary sound level meters. Among these, the ordinary sound level meters segment is anticipated to hold the greatest share of the global sound level meters market during the projected timeframe. Due to its applicability in business, housing, education, and other fields. Since sound level meters are widely used in both home and business settings, one of the main factors driving the sound level meter industry is the rate of replacement in this market. Class 1 meters are often more appropriate for monitoring ambient noise in everyday settings, whereas Class 2 meters are widely used in industrial settings.
The aerospace & defense segment is expected to grow at the fastest pace in the global sound level meters market during the projected timeframe.
Based on the application, the global sound level meters market is divided into industrial & automation, electronics, aerospace & defense, communication, and others. Among these, the aerospace & defense segment is expected to grow at the fastest pace in the global sound level meters market during the projected timeframe. Strict quality and safety requirements apply to the aerospace and defense sectors. Calibration services are necessary for ensuring that the measuring and testing instruments used in these sectors meet the stringent specifications required for military hardware, aerospace, aircraft, and related components. By guaranteeing the accuracy of instruments including avionics systems, radar equipment, navigational tools, and weapons systems, precise calibration improves the overall performance, safety, and dependability of aerospace and defense systems.
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North America is expected to hold the largest share of the global sound level meters market over the forecast period.
North America is expected to hold the largest share of the global sound level meters market over the forecast period. The United States has greater infrastructure than other developed economies in the industry and is home to some of the biggest and most creative companies. These companies do research and development to provide state-of-the-art devices with great precision to detect microscopic noises, which makes them valuable for a variety of applications in the medical, environmental protection, and education sectors, among others.
Asia Pacific is predicted to grow at the fastest pace in the global sound level meters market during the projected timeframe. Asia-Pacific (APAC) is expected to grow at a faster rate than the average industry, making it one of the largest markets for calibration services in the future. The emergence of new industries and the high cost of benefits as a result of the region's lower wages are two other important factors driving the APAC industry. The APAC region is home to some of the biggest marketplaces in the world, including those of China, Japan, and India. The main drivers of the growth in the APAC calibration services market share are increased investments, growing industrial activities, and significant R&D activity. APAC businesses are in greater need of calibration services due to consumers' growing awareness of quality and preference for reputable manufacturers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in Global Sound Level Meters Market are Corteva Agriscience, 3M, PCE Deutschland GmbH, HIOKI, NTi Audio GmbH, Testo, Instrumex, RION, Casella Inc., SVANTEK, Cirrus Research Plc, Pulsar Instruments, Bruel & Kjaer, Larson Davis, IDEAL Industries Inc., Norsonic AS, TES Electrical Electronic Corp., Extech Instruments, NTi Audio AG (Indutrade AB)., and Other Key Vendors.
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Recent Developments
- In June 2024, Casella CEL introduced the CEL-24X series, a new range of sound level meters with Bluetooth connectivity for smooth data transfer, improved data logging features for comprehensive noise research, and real-time frequency analysis for identifying noise sources.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Sound Level Meters Market based on the below-mentioned segments:
Global Sound Level Meters Market, By Type
- Precision Sound Meters
- Ordinary Sound Level Meters
Global Sound Level Meters Market, By Application
- Industrial & Automation
- Electronics
- Aerospace & Defense
- Communication
- Others
Global Sound Level Meters Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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