“Global Sound Level Meters Market to reach a market value of USD 1.69 Billion by 2031 growing at a CAGR of 5.6%”
The Global Sound Level Meters Market size is expected to reach $1.69 billion by 2031, rising at a market growth of 5.6% CAGR during the forecast period.
Industries such as construction, manufacturing, and transportation, which are highly prevalent in North America, rely heavily on sound level meters to ensure compliance with occupational and environmental noise standards. Additionally, the growing awareness of noise pollution's impact on health and the widespread adoption of advanced technologies further bolster the market's growth in this region. Thus, the North America region witnessed 36% revenue share in the market in 2023. This dominance is driven by the region's well-established regulatory standards for noise monitoring in industrial and environmental settings.
Noise pollution, often termed an "invisible danger," has far-reaching physical and mental health impacts. Research has consistently linked prolonged exposure to high noise levels with adverse effects such as hearing loss, stress, cardiovascular issues, and sleep disturbances. These concerns have prompted governments, regulatory bodies, and health organizations worldwide to establish stricter noise regulations and monitoring protocols. As a result, the growing awareness of the harm that noise pollution causes to people's health and well-being has become a significant driving force behind the use of sound level meters.
Additionally, the mining industry further illustrates this demand, particularly with the rapid growth of the energy transition minerals sector, which reached USD 320 billion in 2022. As mining operations expand to meet the demand for critical minerals required in renewable energy technologies, the noise generated by heavy machinery and blasting activities becomes a pressing concern for workers and nearby communities. Thus, these developments are driving the growth of the market.
However, advanced devices, equipped with features like data logging, wireless connectivity, real-time monitoring, and seamless integration with other systems, are designed to meet the complex needs of industries and professionals requiring precise noise analysis. However, the premium price associated with such advanced technology makes these tools inaccessible to small-scale industries, individual users, and organizations with limited budgets. Hence, the high cost of advanced models and the ongoing demands of maintenance and calibration create a double-edged challenge for the sound level market.
On the basis of application, the market is classified into factories & enterprises, environment protection, transportation, research & development, and others. The factories & enterprises segment acquired 38% revenue share in the market in 2023. This dominance is attributed to the critical need for noise monitoring in industrial settings to ensure workplace safety, regulatory compliance, and operational efficiency.
Based on type, the market is bifurcated into ordinary sound level meters and precision sound level meters. The precision sound level meters segment procured 44% revenue share in the market in 2023. These meters are widely used in professional settings such as construction, manufacturing, and environmental monitoring, where precise data is crucial for decision-making and maintaining safety standards.
Free Valuable Insights: Global Sound Level Meters Market size to reach USD 1.69 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The segment garnered a remarkable revenue share in the market in 2023. Stringent noise regulations implemented by the European Union and proactive government initiatives to monitor and control noise pollution have significantly driven the demand for sound level meters in this region.
Report Attribute | Details |
---|---|
Market size value in 2023 | USD 1.11 Billion |
Market size forecast in 2031 | USD 1.69 Billion |
Base Year | 2023 |
Historical Period | 2020 to 2022 |
Forecast Period | 2024 to 2031 |
Revenue Growth Rate | CAGR of 5.6% from 2024 to 2031 |
Number of Pages | 166 |
Number of Tables | 270 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Type, Application, Region |
Country scope |
|
Companies Included | 3M Company, TSI Incorporated, Teledyne FLIR LLC (Teledyne Technologies Incorporated), RION Co., Ltd., SVANTEK Sp. z o.o., NTi Audio AG, Amphenol Corporation (PCB Piezotronics, Inc.), Pulsar Instruments Plc, Cirrus Research plc and Testo SE & Co. KGaA |
By Type
By Application
By Geography
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.