The overall acoustic camera market is expected to grow from USD 128 million in 2019 to USD 159 million by 2024—growing at a CAGR of 4.4%. The growing adoption of room and building acoustics, and emerging audio and video combined microphone and camera array technology are among the factors fueling the growth of the acoustic camera market.
gfai tech GmbH (Germany), BRÜEL & KJÆR (Denmark), CAE Software and Systems GmbH (Germany), Siemens PLM Software (US), Signal Interface Group (US), and Norsonic AS (Norway) are among the major players in the acoustic camera market. Acquisitions and mergers were the most adopted strategies by market players to gain a competitive edge.
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Bruel & Kjaer (Denmark) has its headquarters in Naerum, Denmark. The company has strong sales network with sales offices and representatives in 55 countries. Bruel & Kjaer has been functional in the noise monitoring market for more than 70 years. Brüel & Kjær offers sound and vibration products and solution to end users. Along with acoustic cameras, the company offers software solutions for cameras. These software solutions help end users in the analysis of acoustic data gathered through acoustic cameras. Brüel & Kjær and Hottinger Baldwin Messtechnik GmbH (UK) signed a merger agreement. This merger came into effect on January 1, 2019, and the company is named as Hottinger, Brüel & Kjær (HBK). Due to this merger, HBK actively drives the digital transformation of the end-use industry. The company tries to focus on the aerospace industry by offering acoustic cameras for noise source identification (NSI) and troubleshooting for aircraft cabin, cockpits, avionics, and others.
gfai tech (Germany) is a subsidiary of GFaI (Society for the Advancement of Applied Computer Science) and was founded in 2006. The company focuses on the development, production, marketing, and distribution of innovative technologies and act as a marketing platform for relevant R&D results of its parent company and other partners. The company offers various products and services for applications such as noise and vibration, system management and monitoring software, quality control, and 3D solutions. Being a subsidiary of GFaI, the company is mainly involved in innovative products and solutions business. The company’s strong product portfolio and service offerings help in gaining a competitive edge in industries such as automotive, aerospace, and energy & power. This also helps the company create a vertically integrated business model centered on developing devices with innovative features. The company offers acoustic system rental services for customer orders or for certain projects. This unique service further helps the company boost its market presence.
Acoustic Camera Market by Array Type (2D and 3D), Measurement Type (Far Field and Near Field), Application (Noise Source Identification, Leakage Detection), Industry (Automotive, Infrastructure), and Geography - Global Forecast to 2024
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