Sound Level Meters Market Expected to Reach $1,414 Million by 2023

According to a new report published by Allied Market Research, titled, Sound Level Meters Market by Type, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global sound level meters market accounted for $998 million in 2016, and is projected to reach $1,414 million by 2023, growing at a CAGR of 5.0% from 2017 to 2023. North America dominated the global small cell power amplifier market in 2016, accounting for a share of about 36.01%.

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A sound level meter is a handheld instrument with a microphone used for acoustic measurements by determining sound pressure. The diaphragm of the microphone responds to changes in air pressure caused by sound waves. This movement of the diaphragm, which involves, the sound pressure deviation, is therefore converted into an electrical signal.

Over the last seven to eight years, there has been an increase in insurgency against non-ecofriendly sound devices owing to the hazardous impact of high decibel noise on the environment. To control the non-auditory and auditory effects of noise pollution, the level of sound must be measured first, which has led to an increase in demand for sound level meters. High precision of these meters than other audio analyzers provides an opportunity for the market growth.

Based on type, the precision sound level meters segment dominated the overall market in 2016. Moreover, it is anticipated to grow at a CAGR of 4.2% during the forecast period. Whereas, factories & enterprises accounts for the majority revenue share amongst the sound level meter applications.

The global sound level meter market is analyzed based on its geographical level distribution across North America, Europe, Asia-Pacific, and LAMEA. North America is the dominant region and is estimated to be the highest in terms of revenue during the forecast period, with a high involvement in sound monitoring in the automotive, transport, and power generation sectors.

Key Findings of the Sound Level Meters Market:

• In 2016, the precision sound level meters generated the highest revenue, accounting for over 53.8% of the global sound level meters market.
• In 2016, factories & enterprises generated the highest revenue, accounting for over 34.5% of the market.
• North America accounted for the highest revenue, and dominated the market, with holding over 36.01% of the market throughout the forecast period from 2017 to 2023.

The key companies profiled in the report are 3M, Cirrus Research Plc, Brel & Kjr, Norsonic AS, RION Co., Ltd., Svantek Inc., Testo SE & Co. KGaA, TES Electrical Electronic Corp., NTi Audio, and Casella Inc.