Global Acoustic Cameras Market: Industry Analysis and Forecast (2020-2026)

 

Global Acoustic Cameras Market size was valued at US$ 125 Mn in 2019 and expected to reach US$ XX Mn by 2019 at a CAGR of 4.2% during the forecast period.

The Global Acoustic Cameras market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Acoustic Cameras report also provides trends by market segments, technology, and investment with a competitive landscape.

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Global Acoustic Cameras Market Overview:

Acoustic cameras are used for noise identification analysis with the help of noise mapping tools. Locate the sound sources and sound characterization are the main functions of acoustic cameras. The user is enabled to visualize different sound sources from different source strengths at different frequencies by a group of microphones or microphone array from which signals are constantly collected and processed to pinpoint the location of the sound source along with its frequency characterization. The size and number of microphones used decides how image manipulation and size vs. resolution graph should be.

Acoustic cameras provide more qualitative data rather than quantitative data obtained from sound meters and noise fluctuations. A wide range of equipment is tested by acoustic cameras including heavy machinery, electronic equipment, industrial vehicles, passenger cars, and others. The lightweight of the design and portability offered by the product are the key factors considered to drive the acoustic cameras market growth. Moreover, users want more resolution with fewer frequency parameters and thereby tend to use acoustic cameras rather than conventional sound mapping equipment.
Global Acoustic Cameras Market Dynamics:

Increasing adoption of building acoustic technology and integration of video and audio mixed acoustic arrays are the keys factors considered driving the acoustic cameras market growth. Furthermore, increasing use of acoustic cameras in automotive quality control solutions is the key supporting factor considered to drive the market growth. Detailed noise identification analysis and 3D imaging arrays embedded in a system is a new technology in the market expected to create opportunities for prominent players as many companies are investing highly in the research and development of an array manipulation technology and building acoustics technology.

Stringent regulatory norms for noise control and high maintenance cost of acoustic cameras are the factors considered to restrain the market growth during the forecast period. Integration and manufacturing of single system into lower frequency consuming and high power output giving technology is the key challenge for the acoustic camera manufacturers.
Global Acoustic Cameras Market Segment Analysis:

2D Arrays are expected to dominate the Acoustic Cameras Market:

According to Siemens, 2D array technology is accounted for approximately 53 million USD in the year 2019 owing to increasing demand for acoustic applications for planar surfaces including road transport and room acoustics. Siemens has recently launched their 2D product lifecycle management tool Siemens Tramcenter X PLM in 2019 to provide product data with CAD integration and NX CAM support array. Moreover, AcSoft Technologies have launched a new gfai tech module for 2D beamforming applications. 32, 48, 72 channel ring arrays are launched in the market by various players to cope up with various measurement scenario.
Leakage Detection Application is boosting the Acoustic Cameras Market Growth:

Acoustic cameras can detect the leakage in machinery as well as oil and gas piping system by using high intensity frequency modulators and star array system which is specifically designed for leakage detection purpose. Various end-user segments including construction, Oil and Gas and mining are heavily using leakage detection software using acoustic cameras to lower the risk for workers and technicians working on the field. Furthermore, high demand for exact product standards and increasing oil and gas industry domination in developing countries are the key factors considered to drive the acoustic cameras market growth. According to European Manufacturers Association (EMA), acoustic cameras for leakage detection purpose are accounted for approximately 62 million USD in the year 2019 owing to its wide range of applications.

Global Acoustic Cameras Market
Far field Measurement Type driving the Acoustic Cameras Market:

Increasing use of far-field acoustics applications in detecting long field range on borders and creating a 3D mapping analysis to adhere to the measurement parameters are the factors considered to drive the market growth. Moreover, many prominent players in the market and end-user segments in the market are looking for the dynamic range of 6-13 dB frequency for large arrays which is a growth factor considered by many prominent players in the market. According to Microflown Technologies, far field measurement type was accounted for approximately 70 million USD in the year 2019 owing to increasing research and development in the field of far-field measurement technique including the use of Fibonacci arrays, Star arrays, Ring 72 arrays and others.
Automotive Industry Holds the Largest Share in the Acoustic Cameras Market:

According to Automotive Manufacturers Association (AMA), acoustic cameras share was accounted for approximately 48 million USD in the year 2019 in terms of revenue. Factors attributing to the growth of the segment are the rapid adoption of acoustic technology in product quality control and the increasing need for testing of equipment for vibration, noise and buzzing sounds to cope with the noise control norms by governments. The automotive sector is rapidly increasing in the APAC region and henceforth, the acoustics market is also growing in the region creating opportunities for key players in the market.
Traffic Control System Creating Promising Atmosphere for Acoustic Cameras Market:

Many government bodies for Road and Transport are planning to use acoustic cameras to record and detect the noise levels produced by various vehicles in various time periods. Illegal modification of sound amplification in motors and high sound frequency range in the urban areas are the key factors considered to drive the segment growth. The UK has imposed a law on noise regulation for noise frequency above 85 dB. Moreover, the USA has imposed a Federal Regulatory Law for Noise Pollution to minimize the annoyance of noise. The above laws are boosting the acoustic cameras demand in the regions.
Impact of Covid pandemic on the Acoustic Cameras market:

The covid pandemic is expected to pose a low to moderate impact on the Acoustic Cameras Market owing to the effects of the pandemic on the research and manufacturing activities across the globe. Strict government norms and increasing cost of transportation owing to supply chain distortion and lowering of manufacturing activities are the factors considered to slightly declining the market growth of Acoustic Cameras services. The market is expected to expand during the forecast period owing to increasing demand in the supply chain and various commercial activities pick up the speed.

According to SM Instruments, Acoustic Cameras Market is decreased amid Covid pandemic owing to decreasing automotive and electronics production in the stringent lockdown conditions. Moreover, the company stated that the market is expected to pose approximately 30% market growth post-pandemic owing to increasing manufacturing activities across the globe. The prominent players in the market are treating this period as a period for reassessing the needs of customers and working out strategic deals, this positive approach towards pandemic is expected to advance the development curve of the automotive sector during the forecast period.

According to the USA Department of Noise Pollution and Abatement, acoustic cameras was accounted for 35 million units worldwide in 2019 and 10 million units in the year 2020 hampering growth with almost 15 million units.
Global Acoustic Cameras Market Regional Insights:

The Asia Pacific holds the major share in the Acoustic Cameras Market with approximately 42% of total market share in the year 2019 owing to increasing demand for the energy and power development sector in the region. China, India, Japan, and others are the prominent players in the market owing to increasing government support and high domestic production rates in the respective countries. China is the dominating market in the region in terms of volume share as approximately 52% of electronic products and assembly parts are manufactured in the region followed by India and Japan. The Japanese market is expected to pose a relatively high share in the market as the contribution of electronics and IOT sector is relatively high in the GDP growth of the country as prominent player’s investments in the industry are increased by almost 12% during the year 2019-2020 despite the lockdown conditions.

Europe is the fastest-growing region in the Acoustic Cameras Market with approximately 34% market share. Factors attributing growth in the market are the abundance of key manufacturers of Acoustic Cameras in the region. The UK holds the largest market share of approximately 47% owing to the increasing no. of key players in the region related to the automotive sector and the adoption of new technologies.

Global Acoustic Cameras Market

The objective of the report is to present a comprehensive analysis of the Global Acoustic Cameras Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Acoustic Cameras Market dynamics, structure by analyzing the market segments and project the Global Acoustic Cameras Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Acoustic Cameras Market make the report investor’s guide.

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Global Acoustic Cameras Market Scope: Inquire before buying

Global Acoustic Cameras Market
Global Acoustic Cameras Market, by Region

• North America
o US
o Canada
o Mexico
• Europe
o U.K
o France
o Germany
o Italy
o Spain
o Sweden
o CIS Countries
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o ASEAN
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o GCC Countries
o Egypt
o Nigeria
o Rest of ME&A
• South America
o Brazil
o Argentina
o Rest of South America
Global Acoustic Cameras Market Key Players

• Bruel& Kjaer
• Microflown Technologies
• Siemens PLM Software
• Norsonic AS
• SM Instruments
• Gfai Tech
• SINUS Messtechnik
• Keygo Technologies
• Ziegler Instruments
• CAE Software and Systems
• Sorama
• Signal Interface Group, Inc.
• Polytec GmbH
• NL Camera
• Sevenbel
• Acoem
• Alltech
• FLUKE
• OROS
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