The global acoustic camera market revenues totaled US$ 187.4 million in 2022. Over the next ten years, sales of acoustic cameras are forecast to surge at 7.3% CAGR. By 2032, total market valuation will reach US$ 380 million.
The handheld/tablet acoustic camera segment will continue to lead the global market through 2032. This is due to the growing usage of handheld acoustic cameras across diverse industries. The target segment is likely to progress at 7.2% from 2022 to 2032.
Increasing applications of acoustic cameras across industries such as power & energy, automotive, aerospace, manufacturing, etc. will drive the global market. Acoustic cameras have become essential solutions across various industries for sound source localization. These cameras help users quickly and effectively locate air leaks and partial discharge.
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Rising adoption of acoustic cameras across various sectors for detecting defects and preventive maintenance will boost sales. Penetration of artificial intelligence, machine learning, and process automation will elevate acoustic camera demand.
Acoustic cameras help in detecting flaws in the equipment by mapping the machine in its early and later phases. They can help to reduce downtime as they can visually display sound sources without interrupting operations.
Implementation of stringent noise pollution rules is another factor shaping growth in the acoustic camera market. The market for acoustic cameras will also expand due to increased demand from sectors such as energy and power.
Increasing applications of acoustic cameras in automobile sector will further boost the market. Acoustic cameras are being used for identification & verification of various processes in automotive. This includes noise reduction for cabins and others.
Key Takeaways from the Acoustic Camera Market Report:
· Global acoustic camera sales are set to rise at around 7.3% CAGR from 2022 to 2032.
· By type, handheld/tablet acoustic camera segment will expand at 7.2% CAGR through 2032.
· Based on application, energy & power segment is likely to expand at 7.1% CAGR through 2032.
· The USA acoustic camera market size is forecast to reach US$ 54.7 million by 2032.
· Acoustic camera demand across China will increase at 8.8% CAGR from 2022 to 2032.
· South Korea acoustic camera market is projected to expand at 7.8% CAGR through 2032
· Total market valuation in Japan will exceed US$ 68.2 million by the end of 2032.
“Implementation of stringent noise reduction regulations will elevate acoustic camera demand. Further, rising popularity of predictive maintenance is set to create growth prospects. Says a Future Market Insights analyst.
Who is Winning?
- Siemens,
- Fluke,
- Sorama,
- SM Instruments,
- Norsonic AS,
- Teledyne FLIR,
- Distran,
- SINUS Messtechnik,
- CAE Software and Systems,
Gfai tech, SDT, CRYSOUND, KeyGo Technologies, and SONOTEC GmbH are key acoustic camera manufacturers profiled in the report.
Most of these players are concentrating on introducing new products in the market. They are also aiming at reducing cost of their products to make them accessible to a wider audience.
Recent Developments:
· In June 2022, with an increased frequency range and an integrated battery, Teledyne FLIR expands the family of Si-Series acoustic imaging cameras. With an increased acoustic imaging range from 2 kHz to 65 kHz, the revised Si124, Si124-PD for partial discharge inspection, and Si124-LD for air leak detection are now available in the market.
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Acoustic Camera Market Segmentation:
By Type:
- Handheld/ Tablet Type
- Microphone Array Type
By Application:
- Energy and Power
- Aerospace
- Automotive
- Manufacturing
- Electronics and Appliances
- Building and Infrastructure
- Education and Research
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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