Global Sound Level Meters Market Size, Trends, and Growth Opportunity, By Type (Precision Sound Level Meters, Ordinary Sound Level Meters), By Application (Factories & Enterprises, Environmental Protection, Transportation, R&D, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030.
Global Sound Level Meters Market
The global Sound Level Meters market was valued at USD 1.31 Billion in 2022 and is expected to expand to USD 1.84 Billion in 2030 at a CAGR of 3.66% during the forecast period 2023- 2030.
A device that is used to evaluate the intensity of different sounds by measuring their pressure is a sound level meter and it is used for nonstop monitoring of sound levels in residential, industrial, commercial, and educational areas, like factories, sports events, and outdoor concerts.
Market Drivers
One of the major factors that drive the market growth is rising Concerns about sound pollution as detailed by World Health Organization (WHO), in 2019 millions of people globally have disabling hearing loss.
Additionally, the rising smart city projects together with the deployment of sound level meters for sound level monitoring to control noise pollution are boosting the market growth.
Market Restraints
The key restraining factor that hampers the market growth is the high cost as the sound level meter is vastly used in monitoring the acoustic pressure levels.
Lack of awareness regarding the advantages of using sound level meters and the absence of trained personnel to operate them are also major restraining factors for the growth of the market.
Market Segmentation
The global Sound Level Meters market is segmented based on Type, Application, and region. On the basis of Type, it is segmented into Precision Sound Level Meters and Ordinary Sound Level Meters. Based on Applications, it is segmented into Factories & Enterprises, Environmental Protection, Transportation, R&D, and Others. Based on region, it is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
North American region is expected to dominate the market owing to the protuberant research and application of the Sound Level Meters.
Asia Pacific is also likely to witness lucrative growth as developing economies signify huge potential for the sound level meter market with the increasing energy usefulness and industrial factories in the country.
Key Players
Various key players are listed in this report such as 3M Company, Brüel & Kjær (Spectris plc), Cirrus Research plc, IDEAL Industries Inc., Norsonic AS, NTi Audio AG (Indutrade AB), RION Co. Ltd., SVANTEK Sp. z o.o., TES Electrical Electronic Corp., and Testo SE & Co. KGaA.
Industry development
In January 2021, the Philippines government launched a new automotive regulation focused on acoustic pressure monitoring. Under section 5.4.3.7, a Motor Vehicle Inspection Center (MVIC) will use a 'sound level meter' to check how much sound pressure a car is making. Any unmodified vehicle making more than 99dB will have fines issued
In December 2020, the central district of Delhi Police used sound level meters (SLM) to monitor sound pressure levels for the first time in the national capital to prosecute violators.
Market Taxonomy
By Type
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