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Noise Detection and Monitoring Market to Grow by USD 7.19 Billion (2024-2028) as New Product Launches Drive Revenue; AI-Powered Market Evolution Report – Technavio

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NEW YORK, Oct. 30, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global noise detection and monitoring market size is estimated to grow by USD 7.19 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.85% during the forecast period. Increased number of new product launches is driving market growth, with a trend towards integration of wireless connectivity in noise detection and monitoring devices. However, data privacy and security concerns poses a challenge. Key market players include 3M Co., ACOEM Group, Acoustics Noise and Vibration Ltd, Amphenol Corp., B and K Precision Corp., Bruel and Kjaer, Castle Group Ltd., CESVA INSTRUMENTS SLU, Cisco Systems Inc., EXAIR LLC, Honeywell International Inc., HT Italia SrL, Instrumex, NTi Audio AG, PCE Holding GmbH, Pulsar Instruments Plc, Sauermann Group, SINUS Messtechnik GmbH, SVANTEK, and Testo SE and Co. KGaA.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Industrial and Commercial), Component (Hardware and Software), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

3M Co., ACOEM Group, Acoustics Noise and Vibration Ltd, Amphenol Corp., B and K Precision Corp., Bruel and Kjaer, Castle Group Ltd., CESVA INSTRUMENTS SLU, Cisco Systems Inc., EXAIR LLC, Honeywell International Inc., HT Italia SrL, Instrumex, NTi Audio AG, PCE Holding GmbH, Pulsar Instruments Plc, Sauermann Group, SINUS Messtechnik GmbH, SVANTEK, and Testo SE and Co. KGaA

Key Market Trends Fueling Growth

Wireless and portable noise detection and monitoring solutions provide businesses with greater flexibility in deploying devices at various locations, including remote or temporary sites, without the need for extensive wiring or infrastructure. These solutions require minimal infrastructure investments, reducing installation costs, and offer scalability to expand monitoring networks as needed. Real-time monitoring enables prompt action in critical situations, such as occupational safety or regulatory compliance. Portable devices are user-friendly and accessible, catering to businesses seeking easy-to-use, on-the-go solutions. The rising demand for wireless and portable noise detection and monitoring devices is significantly driving the growth of the global market. 

The Noise Detection and Monitoring market is experiencing significant growth due to rising sound pollution levels in both commercial and residential areas. Medium-term and long-term monitoring solutions are in high demand, with sound level meters and noise dosimeters being popular choices. WIFI and Ethernet connectivity enable real-time data transmission for effective noise management. Battery-based portable noise monitors offer flexibility. Noise Pollution negatively impacts human-health, leading to heart diseases, cardiovascular problems, cognitive impairment, stress, diabetes, anxiety, and depression, among other chronic diseases. Regulatory acts mandate noise monitoring in various sectors, including the health sector and urbanization. Noise Emissions from industries, traffic, and construction sites require continuous monitoring. Smart City projects prioritize noise reduction as part of their Corporate Responsibility. Cost of implementation and integration difficulties are challenges, but the benefits to human-health and the environment outweigh the costs. Component suppliers focus on hardware and software innovations for building acoustics and portable noise monitoring. Standardization efforts are ongoing to ensure interoperability and accuracy. Applications in healthcare and wildlife conservation continue to expand. 

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Market Challenges

The noise detection and monitoring market is witnessing significant growth due to the increasing use of Internet of Things (IoT) and connectivity in noise detection devices. However, ensuring data privacy and protection against cyber threats is crucial for companies offering these devices. Noise detection devices generate vast amounts of audio data, which must be processed, analyzed, and interpreted using advanced software. This data may inadvertently capture conversations or other sensitive personal information, raising concerns about unauthorized access or misuse. Moreover, some noise detection systems can identify individuals or specific devices based on their unique noise patterns, potentially leading to privacy breaches. To mitigate these risks, companies must implement data security measures and comply with relevant data protection regulations. By addressing these concerns, the noise detection and monitoring market can continue to grow and provide valuable insights into noise levels, patterns, and sources.The Noise Monitoring Industry is witnessing significant growth due to increasing concerns over sound pollution from various sources like machines, speakers, horns, and music systems. Challenges such as environmental impact, occupational safety, urbanization, and noise emissions call for effective noise detection and monitoring solutions. Smart City projects are driving the market, with corporate responsibility playing a crucial role. However, cost of implementation and integration difficulties pose challenges. Portable noise monitoring solutions, including hardware and software, are gaining popularity due to their flexibility. Core competencies of key players include building acoustics, sampling method, precision type, connectivity, and solutions. Component suppliers provide essential components like microphones and sound level meters. Alliances, directories, databases, and subsegments like permanent and short-term monitoring contribute to the market’s growth. Limited standardization and component availability are key issues. Advanced technologies like artificial neural networks and sound level meters with wind noise suppressors enhance precision. Dosimeters and sound level meters are essential tools for human health and wildlife protection. The market encompasses a wide range of applications, from healthcare to urban planning.

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Segment Overview

This noise detection and monitoring market report extensively covers market segmentation by

End-user1.1 Industrial1.2 CommercialComponent2.1 Hardware2.2 SoftwareGeography3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Industrial- The global noise detection and monitoring market caters to various industries, with significant demand coming from manufacturing, oil and gas, mining, construction, and aerospace sectors. These industries have large workforces exposed to loud noises from tools like drills, chainsaws, detonators, and pneumatics. Prolonged exposure to these high-decibel environments can lead to permanent hearing loss. In response, employers provide PPE and monitor noise levels to adhere to safety regulations. The manufacturing industry, in particular, accounts for a large share of the market due to its noisy tasks such as grinding, blasting, drilling, hammering, drop forging, and crushing. To address this issue, vendors offer innovative solutions like Honeywell’s in-ear dosimetry system, which measures noise levels reaching the eardrum for real-time tracking and documentation of potential hearing loss. This focus on worker safety and regulatory compliance is expected to fuel the growth of the global noise detection and monitoring market during the forecast period.

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Research Analysis

The Noise Detection and Monitoring Market encompasses solutions that identify and measure noise levels in various environments to mitigate their adverse impacts. Driven by growing concerns over Environmental Impact and Occupational Safety, this industry is witnessing significant growth due to Urbanization and increasing Noise Emissions from machines, speakers, music systems, horns, and other devices. Smart City projects are integrating noise monitoring systems to ensure a livable urban environment. Corporate Responsibility and applications in Healthcare are also fueling the demand for accurate and precise noise monitoring solutions. However, the cost of implementation and integration difficulties pose challenges to the industry’s growth. Limited standardization and sampling methods also impact the market’s expansion. Core competencies of key players include connectivity, solution offerings, and alliances. The noise monitoring industry aims to protect human health and wildlife from the detrimental effects of noise pollution.

Market Research Overview

The Noise Detection and Monitoring Market encompasses solutions and technologies designed to measure and manage noise emissions, with a focus on Environmental Impact and Occupational Safety. Urbanization and the resulting increase in sound pollution from machines, speakers, music systems, horns, and other devices have driven demand for noise monitoring tools. Smart City projects prioritize noise monitoring as part of their corporate responsibility, integrating hardware and software solutions for real-time data collection and analysis. Components include portable and fixed noise monitoring systems, sound level meters, dosimeters, microphones, and wind noise suppressors. Precision types range from sound level meters to artificial neural networks. Connectivity options include WIFI and Ethernet, with battery-based and commercial or residential applications. Subsegments include building acoustics, sampling methods, and different monitoring durations such as short-term, medium-term, and long-term. Applications extend to healthcare, where noise pollution is linked to negative impacts on human health, including heart diseases, cardiovascular problems, cognitive impairment, stress, diabetes, anxiety, and depression. Despite advancements, challenges include cost of implementation, integration difficulties, and limited standardization. Alliances, directories, and databases facilitate collaboration and knowledge sharing within the noise monitoring industry. Regulatory acts govern noise levels and set standards for noise monitoring tools.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userIndustrialCommercialComponentHardwareSoftwareGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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TIER IV’s AI Pilot system certified for Level 4 autonomous bus service in Nagano Prefecture

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TOKYO, Oct. 30, 2024 /PRNewswire/ — TIER IV, the pioneering force behind the world’s first open-source software for autonomous driving, is proud to announce Level 4*1 certification for the AI Pilot*2 system powering an autonomous bus service in Shiojiri, Nagano Prefecture. This certification marks the first-ever Level 4 certification in Japan to operate up to 35 km/h on public roads shared by pedestrians and general traffic, specifically along the route between Shiojiri Station and Shiojiri City Hall.

Developed by TIER IV, AI Pilot comprises the open-source software Autoware*3, sensors, a computer and an in-vehicle infotainment system, and it can be integrated into various vehicle models.

The recent Shiojiri certification is part of TIER IV’s ongoing support for the Japanese government’s drive to promote the deployment of autonomous vehicles nationwide, and it follows Level 4 certification secured at GLP ALFALINK Sagamihara in October 2023. TIER IV also continues to develop a certification framework as a solution for partners developing autonomous driving systems, contributing significantly to the rollout of autonomous driving.

“In Japan, it is increasingly difficult to sustain regional public transportation amid population decline and an aging society,” said TIER IV founder and CEO Shinpei Kato. “At TIER IV, we are committed to addressing these challenges with autonomous driving technology. The Level 4 certification in Shiojiri represents a major step forward in these efforts. Looking ahead, we will continue to drive research, development and proof of concept (PoC) tests to accelerate the widespread rollout of autonomous solutions.”

“Our city is striving to make the community safer and more convenient with next-generation transportation,” said Takashi Momose, mayor of Shiojiri City. “Since 2020, we have been partnering with TIER IV to explore autonomous driving services and conduct PoC tests. Last year, we began testing the TIER IV Minibus for Level 4 autonomous driving services. With the recent certification, we are nearing the implementation of Level 4 autonomous driving on public roads. Moving forward, we will continue working closely with TIER IV to promote Level 4 services. We hope this effort will spark a nationwide rollout, offering alternative transportation options that will help to reduce traffic accidents and revitalize local public transit.”

Residents of Shiojiri City have expressed great anticipation for the autonomous buses, with comments such as, “I’m thrilled to see autonomous driving and digital transformation progressing in Shiojiri, and I can’t wait to use the buses regularly,” “I hope efforts like this continue to create a more convenient transportation system,” “I fully support this initiative,” and “It’s an honor for us as citizens to use an autonomous bus that represents such advanced technology and dedication.”

*1 In Japan, Level 4 is considered to be fully driverless autonomous driving, which means that a vehicle can handle most driving situations independently, under specific conditions, on public roads.
*2 AI Pilot is a registered trademark of TIER IV.
*3 Autoware is a registered trademark of the Autoware Foundation.

About TIER IV

TIER IV stands at the forefront of deep tech innovation, pioneering Autoware, the world’s first open-source software for autonomous driving. Harnessing Autoware, we build scalable platforms and deliver comprehensive solutions across software development, vehicle manufacturing, and service operations. As a founding member of the Autoware Foundation, we are committed to reshaping the future of intelligent vehicles with open-source software, enabling individuals and organizations to thrive in the evolving field of autonomous driving.

Media Contact
pr@tier4.jp

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SOURCE TIER IV, Inc.

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Hyundai Motor Reveals Bold and Efficient Hydrogen FCEV Concept Previewing New Design Language

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Hyundai unveils its INITIUM hydrogen fuel cell electric concept vehicle, reinforcing its clear commitment to hydrogen mobility and sustainabilityThe concept showcases the company’s new design language ‘Art of Steel’ and reflects the Hyundai Motor’s customer-centric approachTargeted driving range of over 650km[1] with a maximum motor output of 150 kWINITIUM previews new production FCEV coming in the first half of 2025Hyundai Motor to showcase INITIUM at the LA Auto Show and Auto Guangzhou in November 2024

SEOUL, South Korea, Oct. 30, 2024 /CNW/ — Hyundai Motor Company today unveiled its INITIUM hydrogen fuel cell electric vehicle (FCEV) concept at its ‘Clearly Committed’ event held at Hyundai Motorstudio Goyang.

INITIUM is a Latin word meaning ‘beginning’ or ‘first’, representing Hyundai Motor’s status as a hydrogen energy pioneer and its commitment to develop a hydrogen society.

INITIUM provides a preview of a new production FCEV that Hyundai Motor plans to unveil in the first half of next year. The concept encapsulates the company’s 27 years of hydrogen technology development and reflects its clear commitment to achieving a sustainable hydrogen society.

This unique hydrogen fuel cell-powered SUV concept also marks the debut of Hyundai Motor’s new design language – called ‘Art of Steel’ – embodying the character of HTWO, Hyundai Motor Group’s dedicated hydrogen value chain business brand.

“Hyundai Motor’s clear, unwavering commitment to hydrogen over the past 27 years is rooted in our belief in its potential as a clean, accessible and therefore fair energy source for everyone,” said Jaehoon Chang, President and CEO of Hyundai Motor Company. “We are dedicated to pioneering a future where hydrogen is used by everyone, in everything, and everywhere. We invite you to join us on this journey.”

What is Hyundai’s new ‘Art of Steel’ design language?

At the unveiling, SangYup Lee, Executive Vice President and Head of Hyundai and Genesis Global Design, presented the INITIUM concept and Hyundai’s new ‘Art of Steel’ design language.

“Our challenge began from the manufacturing stage, where we pushed the formability of steel to the extreme to create a form of art,” Lee said. “With INITIUM, we’ve crafted a more SUV-like design that is both solid and safe, reflecting our dedication to our customers through ‘customer-centric design’.”

INITIUM’s iconic design integrates the HTWO symbol, representing Hyundai Motor’s vision for a future driven by hydrogen. The ‘+’ inspired graphic as part of INITIUM’s lighting signature blends with the bumper, creating a distinctive FCEV-specific design cue marked by unique lighting, solid volumes and refined elegance.

INITIUM’s distinct SUV-like aesthetic seamlessly integrates city living functionality with outdoor adventure capability with its bold lines and solid structure, balancing sturdiness and sophistication. The concept’s 21-inch wheels complement the overall design, with the vehicle’s rugged roof rack adding practicality for those with both urban and outdoor lifestyles.

INITIUM advances FCEV performance, comfort and safety

INITIUM’s development focused on three primary aspects: superior driving range and enhanced performance, which are key strengths of hydrogen cars; a spacious interior and luggage area, making it ideal for families; and unique convenience and safety features distinctive to hydrogen cars.

Hyundai Motor fitted INITIUM with aerodynamic wheels to reduce drag wrapped in low rolling resistance tires, for a targeted driving range of more than 650 km between refueling (estimated driving range calculated with Hyundai Motor’s target fuel economy, when tested with 18-inch tire).

As for performance, INITIUM offers excellent acceleration and smooth overtaking capability. By further developing Hyundai’s fuel cell technology the company has increased the output of the stack and enhanced battery capacity, allowing for an electric motor output of up to 150 kW. This ensures drivers experience smooth driving in urban areas and at higher speeds on highways.

INITIUM delivers an impressive level of interior space and versatility suitable for a family SUV, with a large living space for second-row passengers that features seat backs with a large reclining angle for increased comfort. INITIUM’s wide body and large rear-door opening angle enhance convenience for rear-seat passengers when getting in and out of the car.

INITIUM includes a FCEV-specific route planner that addresses one of the biggest pain points for FCEV buyers: charging infrastructure. With this feature, users can easily plot an optimal route, finding charging stations along the way without having to access a separate app or make a phone call. Users can check the location accessibility and operating status of an identified charging station, as well as the number of waiting vehicles and therefore the possibility of charging.

Hyundai Motor plans to showcase INITIUM at the Los Angeles Auto Show and Auto Guangzhou in November, further solidifying its position in the global market as a hydrogen mobility leader. The production version of the INITIUM concept is set to launch in the first half of 2025.

[1] Estimated driving range calculated with Hyundai Motor’s target fuel economy, when tested with 18-inch tire.

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SOURCE Hyundai Motor Company

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OpenSSL Forms Business Advisory Committees: Shape the Future – Join Now!

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NEWARK, Del., Oct. 30, 2024 /PRNewswire/ — The OpenSSL Foundation (primarily focused on non-commercial communities) and the OpenSSL Corporation (primarily focused on commercial communities) are pleased to announce the formation of Business Advisory Committees (BAC), inviting our communities – Distributions, Committers, Small Businesses, Large Businesses, Individuals, and Academics – to actively engage in shaping the future of OpenSSL. These advisory bodies are critical in enhancing our governance structure, ensuring that the decisions reflect the diverse stakeholders involved and that our Mission and Values stay aligned with the community’s needs.

On November 4, OpenSSL officially opens nomination for:

OpenSSL Foundation Business Advisory CommitteeOpenSSL Corporation Business Advisory Committee

Community members who are actively engaged with OpenSSL and for whom we have contact information will receive an invitation email to register for participation in the OpenSSL Communities and the right to participate in the Advisory Committee elections.

If you did not receive an invitation and would like to register as a community member, please create your account here or contact us at communities@openssl.org.

Upcoming Timeline

Registration: Open nowNomination: Opens November 4, 2024 (for four weeks)Voting Period: Opens December 2, 2024 (for two weeks)

Business Advisory Committees: Formation Process

Registration: Companies, groups, projects, or individuals register as community members of their respective communities.Nomination: Each community nominates individuals to represent them. Self-nominations are welcome, but community-backed nominations are encouraged.Candidate Vetting: Nominees will provide a brief statement explaining how they plan to represent the community on the BAC, which will be included when they are announced as candidates.Voting Period: Registered members of each community will vote online.
The voting period will last two weeks.Announcement: Elected representatives will be publicly announced with their profiles and vision statements.

Engagement and Impact

“We are pleased to see the enthusiasm around the BACs, as elected members will have significant influence in shaping OpenSSL’s direction,” noted Matt Caswell, President of the OpenSSL Foundation. “Each BAC will meet regularly online, with an annual in-person meeting in Europe at the OpenSSL Conference to address important issues and provide crucial updates. For transparency, meeting minutes will be published, and an annual report will capture the committee’s activities and recommendations, helping to guide decisions in line with OpenSSL’s Mission and Values, which are fundamental to our work, while keeping the communities informed and engaged.”

“Being on an OpenSSL BAC offers an opportunity to shape the future of a critical security project that impacts businesses worldwide,” said Tim Hudson, President of the OpenSSL Corporation. “Members will have significant influence on key decisions, helping to align actions with both business needs and OpenSSL’s Mission and Values, which are central to our work. They also gain valuable visibility and connections within the open-source and security communities. It is a chance to make a meaningful impact.”

For more information about the definition of our communities and the function of the Business Advisory Committees refer to the OpenSSL Communities website or contact us at communities@openssl.org.

Contact:
OpenSSL Foundation and OpenSSL Corporation
***@openssl.org

Photo(s):
https://www.prlog.org/13045661

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SOURCE OpenSSL

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