Global Sound Level Meter Market Research Report - Segmentation By Type (Ordinary Sound Level Meters and Precision Sound Level Meters) and By Application (Factories & Enterprises, Environment Protection, Transportation, R&D, and Others) & By Region - Global Industry Size, Share, Trends & Forecast | 2024 to 2029

Updated On: June, 2024
ID: 9287
Pages: 110

Global Sound Level Meter Market Size (2024-2029)

The Global Sound Level Meter Market was worth US$ 1.05 billion in 2023 and is anticipated to reach a valuation of US$ 1.44 billion by 2029 from US$ 1.11 billion in 2024. It is predicted to register a CAGR of 5.3% during the forecast period 2024-2029.

MARKET SCENARIO

The device used for the measurement of acoustic sounds (sound that travels through the air) is called the Sound level meter. Generally, the sound level meter is a portable instrument, i.e., hand-held with a microphone. The changes in the air pressure caused by the sound waves are measured with the diaphragm. So this is the reason behind also calling it a Sound Pressure Level (SPL) Meter. When a known constant sound pressure is applied to the instrument, that helps in distinguishing the microphone by the voltage value produced from it, which is known as microphone sensitivity. The sensitivity of the particular microphone that is being used can be distinguished by this instrument. The sound pressure level is displayed after the conversion of the electrical signal back to sound pressure after utilizing the information collected by the instrument.

MARKET DRIVERS

Increase in the concern over sound pollution.

According to the report of 2019 by the World Health Organization (WHO), around 360 million people across the world are having hearing loss caused to long-term exposure to excessive noise levels. This caused an increase in the concern over sound pollution and increased the requirement for the sound level meter. This results in boosting the sound level meter market. According to the statement by the European Economic Association (EEA), an estimation of 6.3 million people were suffering from chronic high sleep disturbance because of high sound pollution in 2019. The aircraft noise in 2019 resulted in reading impairment in school children. These factors are acoustic pressure for the continuous monitoring of the sound levels in the environment, and this will be a driving factor for the sound level meter market growth.

Increasing investments in smart cities are driving the market. 

Smart city projects are growing, and the deployment of sound level meters for monitoring the sound levels to reduce noise pollution is significantly acting as a market growth driver. India, Japan, Korea, and other nations’ governments are investing in smart city projects at a significant rate. The investment is used in the installation of sound level monitoring devices, particularly for those that include equal loudness contour monitoring that will contribute to the sound level meter market growth.

MARKET RESTRAINTS

Even though there is a high usage of the sound level meter in monitoring the acoustic pressure, various other factors are hindering the market growth. One such major restraint in the sound level meter market is the high production cost that is limiting the deployment of sound level meters. The production cost is mainly attributed to the expensive equipment and complicated procedures. When compared with ordinary sound meters, the cost of the precision sound level meter is high or very expensive. So, its adoption is limited to laboratory applications, and the sound level meter industry outlook will be hindered. Sometimes, due to some uncertainties occurring in the device, it may display improper results, which may also be a limiting factor for market growth.

MARKET OPPORTUNITIES

Sound level meters are becoming an important part of the advancing technologies in automobiles and some noise-producing industries. The usage of jet planes and automobiles is becoming higher, which would be a market growth promotion opportunity in the sound level meter market. The emerging new initiatives in the nations taken by the government to control the sound levels are one such opportunity for the market to expand into new regions. The new ongoing developments and innovations in sound level meters by the key players to develop a more precise sound level monitoring meter will accelerate the market growth in the coming years. The increasing use of high-power speakers and woofers also propels the market growth.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

22%

Segments Covered

By Type, Application, and Region.

Various Analyses Covered

Global, Regional, & Country Level Analysis; Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

3M, Svantek Inc., Brel & Kjr, Norsonic, RION Co., Ltd., Testo, Cirrus Research Plc, TES Electrical Electronic Corp., NTi Audio, HIOKI, and Others.

 

SEGMENTAL ANALYSIS

Global Sound Level Meter Market Analysis By Type

  • Ordinary 

  • Precision 

Ordinary sound level meters are expected to have a high market share, with the highest growing CAGR in the sound level meter market. The factors contributing to the demand are more employment in residential, educational, commercial, and other applications. The replacement rate is more in the residential and commercial sectors as the application of the sound level meters is high. Precision sound meters are employed more in laboratories where there is a huge application, but the potential market and replacement rate are low.

Global Sound Level Meter Market Analysis By Application

  • Factories & Enterprises

  • Environment Protection

  • Transportation

  • R&D

  • Others

The enterprise segment is anticipated to have the highest CAGR in the sound level meter market during the forecast period. The demand for sound level meters is higher due to the presence of permissible standards as per the Occupational Safety and Health Administration (OSHA) for the sound produced by factories. The growing number of factories contributes to the market growth rate. In the industrial sector, the rising analysis focused on equal loudness contour-based measurement and electrical weighted network usage are major market driving factors.

REGIONAL ANALYSIS

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

North America is projected to have a significant market share in the sound level meter market. The presence of prominent research and implementation activities in this region are driving factors. The Asia-Pacific region is also holding a good amount of market share owing to the high sound pollution levels in the region's nations. India, China, and other countries in the region are listed as the top noise-polluted countries as per the World Economic Forum (WEF). European region also has good market potential due to the more road traffic exposure.

KEY MARKET PLAYERS

  1. 3M
  2. Svantek Inc.
  3. Brel & Kjr
  4. Norsonic
  5. RION Co., Ltd.
  6. Testo
  7. Cirrus Research Plc
  8. TES Electrical Electronic Corp.
  9. NTi Audio
  10. HIOKI 

RECENT HAPPENINGS IN THE MARKET

  • In 2021, a new automotive regulation was implemented by the Philippines government to focus on acoustic pressure monitoring. According to the new regulation, under section 5.4.3.7, a fine will be issued if any vehicle produces more than 99dB sound when checked in the Motor Vehicle Inspection Center (MVIC).

  • In 2020, first time in the national capital of India, the central district of Delhi police started using sound level meters (SLM) to monitor the sound level pressure.

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