Industry Background:
Noise measuring equipment is the instrument used to measure the sound or noise level especially in mining and drilling activity areas, where works noise exposure is measured to ensure the noise control program in the workplace. This equipment help in identifying the areas with noise problems which might lead to loss of hearing. The commonly used instruments used for noise measuring sound level meter (SLM), the integrating sound level meter (ISLM), and the noise dosimeter.
According to AMA Research, the market for Noise Measuring Equipment is expected to register a CAGR of 4.32% during the forecast period to 2030. This growth is primarily driven by Rising Industrialisation and Setting up of Factories
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Machinery & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Cirrus Research plc (United Kingdom), Norsonic AS (Norway), 3M Company (United States), PCE Deutschland GmbH (Germany), Bruel & Kjaer (Denmark), RION Co Ltd. (Japan), Brandt Instruments, Inc. (United States), Wireless Telecom Group, Inc. (United States), Pulsar Instruments Plc (United Kingdom), Larson Davis (United States) and SVANTEK (Poland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2023, B&K Precision is a company that designs and makes reliable and affordable test and measurement tools. They have just announced their new 8500B series of programmable DC loads, which are better in every way than their popular 8500 Series.
On 24th September 2022, Noisecom, a Wireless Telecom Group Company has expanded its NC3000 Series Coaxial Calibrated Noise Sources up to 67 GHz to address emerging needs and requirements of new high-frequency wireless devices and systems. This product line enhancement and expansion provides the bandwidth required for receiver and radar testing up to the limits of industry-standard coaxial connectors widely in use.The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Influencing Trend:
Increasing Research and Development in the Noise Level Monitoring and Testing
Market Growth Drivers:
Rising Industrialisation and Setting up of Factories and Need for Ensuring the Noise Exposure in the Factories to Provide Better Working Environment to Workers for their Health
Challenges:
Stiff Competition in the Noise Measuring Equipment Market with the Number of New Entrants in the Market
Restraints:
The requirement of Skilled Professional for Managing the Noise Measuring Equipment and Testing
Opportunities:
Regulatory Guidelines on the Safety of Factory Worker Safety will Boost the Noise Measuring Equipment Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Noise Measuring Equipment Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Noise Measuring Equipment Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Noise Measuring Equipment players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Noise Measuring Equipment Study Sheds Light on
The Noise Measuring Equipment Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Noise Measuring Equipment industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Noise Measuring Equipment industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.