Market Introduction
The SAM noise dosimeter market is further segmented into Brazil, Argentina, and the Rest of SAM. There is a mixed growth scenario in the region, with a few countries having complex macroeconomic and political environments. Developing economies such as Brazil, Argentina, Chile, and Peru make significant investments in infrastructure and industrial development. The region is characterized by a mixed growth scenario, with several countries having complex political and macroeconomic environments. Despite many challenges, the positive initiatives taken by governments are helping economies to grow at a reasonable pace during the forecast period. Several countries in this region presently lack the infrastructure and resources needed to further develop the same across the region. SAM is experiencing huge investment in the infrastructural development across all its major countries including Brazil, Argentina, Columbia, Ecuador, Peru, and Uruguay. Some of the major infrastructural development projects are Bogotá Metro, Metro de Quito - Phase 2, 50MW Molino deRosas, Cartagena Port Expansion, Deep water port on Rocha Coast, Southern Peruvian Pipelines, New Airport for Mexico City, Puerto de Gran Escala, Porto Sul Bahia, and El Tablón, Los Llanitos y Jicatuyo. Thus, the large number of construction activities undertaken across the region is also imposing threat of hearing loss to all its laborers owing to the high decibel noise emitted from the sites. This is contributing to the growing adoption of noise dosimeters across the region.
SAM witnessed drastic decline in the aircraft noise levels due to the COVID-19 outbreak. The outbreak has led to the economic crisis for businesses, communities, and consumers across the region. SAM is showing the slowest growth in dosimeter use. In the region, Brazil recorded the highest number of COVID-19 confirmed cases, followed by Ecuador, Peru, Chile, and Argentina. Thus, the government in the region is adopting several initiatives, such as travel restrictions, lockdowns, and trade bans, to protect people and control the spread of novel coronavirus that causes COVID-19. Hence, these factors would negatively affect the growth rate of noise dosimeter market in SAM for the next a few quarters.
Market Overview and Dynamics
The noise dosimeter market in SAM is expected to grow from US$ 20.98 million in 2021 to US 24.52 million by 2028; it is estimated to grow at a CAGR of 2.3% from 2021 to 2028. Also, the rising initiatives by the government bodies across the region to control noise is also impacting the market growth. For example, in Argentina, a new national rule has reduced the daily 8-hour exposure to industrial noise to 80 dB. In other words, the industry has responded by implementing continuous noise controls, as well as hearing examinations and medical follow-ups for employees. Factory owners have hired full-time health and safety engineers to reduce noise, provide suggestions on how to improve further, and monitor excessive noise levels on a regular basis. Engineers also provide training in personal safety and the proper use of ear plugs, mufflers, and other protective equipment. Thus, the above-mentioned factors are contributing to the growth of the noise dosimeter market across the region..
Key Market Segments
The SAM noise dosimeter market is segmented on the bases of type, device placement, and application. Based on type, the market is segmented hardware and software. Hardware segment held the largest market share in 2020. Based on device placement, the SAM noise dosimeter market is segmented into on-body noise dosimeter, free-field noise dosimeter, and in/near-ear noise dosimeter. On-body segment dominated the market in 2020. In terms of application, the market is segmented into aerospace and defense, automotive, construction, and factories and enterprises. Factories and enterprises segment held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the noise dosimeter market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 3M; Brüel AND Kjær; CESVA INSTRUMENTS SLU; Cirrus Research plc; LARSON DAVICS INC (MTS Systems Corporation); Norsonic AS; and Svantek.
Reasons to buy report
SAM Noise Dosimeter Market Segmentation
SAM Noise Dosimeter Market - By Type
SAM Noise Dosimeter Market - By Device Placement
SAM Noise dosimeter Market - By Application
SAM Noise Dosimeter Market - By Country
SAM Noise Dosimeter Market - Company Profiles